Horizon Technology Finance Corporation And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Horizon Technology Finance Corporation (HRZN), AvalonBay Communities (AVB), ProLogis (PLD) 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. Horizon Technology Finance Corporation (HRZN)

23.1% sales growth and 4.79% return on equity

Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries. It seeks to invest in companies in the United States.

Earnings Per Share

As for profitability, Horizon Technology Finance Corporation has a trailing twelve months EPS of $0.57.

PE Ratio

Horizon Technology Finance Corporation has a trailing twelve months price to earnings ratio of 21.95. Meaning, the purchaser of the share is investing $21.95 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 4.79%.

Moving Average

Horizon Technology Finance Corporation’s worth is above its 50-day moving average of $11.98 and above its 200-day moving average of $12.05.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Oct 16, 2023, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 10.82%.

2. AvalonBay Communities (AVB)

22.4% sales growth and 11% return on equity

As of June 30, 2023, the Company owned or held a direct or indirect ownership interest in 294 apartment communities containing 88,659 apartment homes in 12 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado.

Earnings Per Share

As for profitability, AvalonBay Communities has a trailing twelve months EPS of $8.91.

PE Ratio

AvalonBay Communities has a trailing twelve months price to earnings ratio of 19.99. Meaning, the purchaser of the share is investing $19.99 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 11%.

3. ProLogis (PLD)

11.9% sales growth and 7.15% return on equity

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At June 30, 2023, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (114 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulfillment.

Earnings Per Share

As for profitability, ProLogis has a trailing twelve months EPS of $3.7.

PE Ratio

ProLogis has a trailing twelve months price to earnings ratio of 29.8. Meaning, the purchaser of the share is investing $29.8 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 7.15%.

4. Brookline Bancorp (BRKL)

6.9% sales growth and 8.38% return on equity

Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money market, and savings accounts. The company's loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; loans and leases used to finance equipment for small businesses; financing for construction and development projects; and home equity and other consumer loans. It also provides term loans, letters of credit, foreign exchange, cash management, investment advisory, and online and mobile banking services, as well as invests in debt and equity securities. As of December 31, 2021, the company operated 50 full-service banking offices in greater Boston, Massachusetts, and greater Providence, Rhode Island. Brookline Bancorp, Inc. was founded in 1871 and is headquartered in Boston, Massachusetts.

Earnings Per Share

As for profitability, Brookline Bancorp has a trailing twelve months EPS of $1.11.

PE Ratio

Brookline Bancorp has a trailing twelve months price to earnings ratio of 7.97. Meaning, the purchaser of the share is investing $7.97 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 8.38%.

Yearly Top and Bottom Value

Brookline Bancorp’s stock is valued at $8.85 at 06:22 EST, way under its 52-week high of $15.50 and way higher than its 52-week low of $7.00.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 30.8% and a negative 30.8%, respectively.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 9, 2023, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 6.1%.

Volume

Today’s last reported volume for Brookline Bancorp is 312625 which is 32% below its average volume of 459781.

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