(VIANEWS) – Extra Space Storage (EXR), Green Brick Partners (GRBK), American Express (AXP) are the highest sales growth and return on equity stocks on this list.
Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?
1. Extra Space Storage (EXR)
29.3% sales growth and 22.19% return on equity
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2023, the Company owned and/or operated 2,438 self-storage stores in 41 states and Washington, D.C. The Company's stores comprise approximately 1.7 million units and approximately 184.0 million square feet of rentable space. With the completed Life Storage Merger on July 20, 2023, Extra Space currently has over 3,500 locations under the Extra Space, Life Storage and Storage Express brands, and it is the largest operator of self-storage properties in the United States. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage.
Earnings Per Share
As for profitability, Extra Space Storage has a trailing twelve months EPS of $6.12.
PE Ratio
Extra Space Storage has a trailing twelve months price to earnings ratio of 17.12. Meaning, the purchaser of the share is investing $17.12 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 22.19%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Extra Space Storage’s EBITDA is 71.42.
Moving Average
Extra Space Storage’s worth is way under its 50-day moving average of $123.93 and way below its 200-day moving average of $145.03.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.1%, now sitting on 2.07B for the twelve trailing months.
Previous days news about Extra Space Storage(EXR)
- According to Zacks on Thursday, 26 October, "Investors looking for stocks in the REIT and Equity Trust – Other sector might want to consider either Boston Properties (BXP Quick QuoteBXP – Free Report) or Extra Space Storage (EXR Quick QuoteEXR – Free Report) . ", "Boston Properties has a Zacks Rank of #2 (Buy), while Extra Space Storage has a Zacks Rank of #3 (Hold) right now. "
- According to Zacks on Thursday, 26 October, "One other stock from the broader Zacks Finance sector, Extra Space Storage (EXR Quick QuoteEXR – Free Report) , is yet to report results for the quarter ended September 2023. "
2. Green Brick Partners (GRBK)
9.4% sales growth and 26.35% return on equity
Green Brick Partners, Inc. operates as a homebuilding and land development company in the United States. It operates through Builder operations Central, Builder operations Southeast, and Land development segments. The company is involved in the land acquisition and development, entitlements, design, construction, title and mortgage services, marketing, and sale of townhomes, patio homes, single family homes, and luxury homes in residential neighborhoods, and master planned communities. As of December 31,2021, the company owns or controls approximately 28,600 home sites in Dallas-Forth Worth, Atlanta metropolitan areas, and the Treasure Coast, Florida market. The company sells its homes through sales representatives and independent realtors. Green Brick Partners, Inc. was incorporated in 2006 and is headquartered in Plano, Texas.
Earnings Per Share
As for profitability, Green Brick Partners has a trailing twelve months EPS of $5.82.
PE Ratio
Green Brick Partners has a trailing twelve months price to earnings ratio of 6.91. Meaning, the purchaser of the share is investing $6.91 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 26.35%.
Moving Average
Green Brick Partners’s value is way under its 50-day moving average of $45.90 and under its 200-day moving average of $42.14.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 7.6% and positive 41.5% for the next.
Volume
Today’s last reported volume for Green Brick Partners is 512341 which is 29.04% above its average volume of 397017.
3. American Express (AXP)
6.5% sales growth and 29.8% return on equity
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products and services also comprise merchant acquisition and processing, servicing and settlement, point-of-sale marketing, and information products and services for merchants; and fraud prevention services, as well as the design and operation of customer loyalty programs. It sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, third-party vendors and business partners, direct mail, telephone, in-house sales teams, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, American Express has a trailing twelve months EPS of $10.66.
PE Ratio
American Express has a trailing twelve months price to earnings ratio of 13.33. Meaning, the purchaser of the share is investing $13.33 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 29.8%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 4, 2023, the estimated forward annual dividend rate is 2.4 and the estimated forward annual dividend yield is 1.58%.
Yearly Top and Bottom Value
American Express’s stock is valued at $142.08 at 16:22 EST, way under its 52-week high of $182.15 and higher than its 52-week low of $138.77.
Previous days news about American Express(AXP)
- According to Zacks on Thursday, 26 October, "And for those seeking stocks insiders are diving into, all three above - American Express (AXP Quick QuoteAXP – Free Report) , Occidental Petroleum (OXY Quick QuoteOXY – Free Report) , and Sherwin-Williams (SHW Quick QuoteSHW – Free Report) - fit the criteria nicely.", "It’s worth noting that American Express is forecasted to see 13% earnings growth on 15% higher sales in its current year."
4. Raymond James Financial (RJF)
5.4% sales growth and 17.97% return on equity
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party product partners, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services. The Capital Markets segment provides investment banking services, including equity underwriting, debt underwriting, and merger and acquisition advisory services; and fixed income and equity brokerage services. The Asset Management segment offers asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Raymond James Bank segment provides insured deposit accounts; commercial and industrial, commercial real estate (CRE) and CRE construction, tax-exempt, residential mortgage, securities-based, and other loans; loan syndication services; and liquidity management products and services. The Other segment engages in the private equity investments, including invests in third-party funds. The company was founded in 1962 and is headquartered in St. Petersburg, Florida.
Earnings Per Share
As for profitability, Raymond James Financial has a trailing twelve months EPS of $7.94.
PE Ratio
Raymond James Financial has a trailing twelve months price to earnings ratio of 11.89. Meaning, the purchaser of the share is investing $11.89 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.97%.
5. Regency Centers Corporation (REG)
5.1% sales growth and 6.02% return on equity
Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.
Earnings Per Share
As for profitability, Regency Centers Corporation has a trailing twelve months EPS of $2.14.
PE Ratio
Regency Centers Corporation has a trailing twelve months price to earnings ratio of 27.65. Meaning, the purchaser of the share is investing $27.65 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.02%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Regency Centers Corporation’s EBITDA is 69.25.
