MNR Monmouth Real Estate Investment Dashboard

Monmouth Real Estate Investment Corporation, founded in 1968, is one of the oldest public equity REITs in the world. The Company specializes in single tenant, net-leased industrial properties, subject to long- term leases, primarily to investment-grade tenants. Monmouth Real Estate Investment Corporation is a fully integrated and self-managed real estate company, whose property portfolio consists of 121 properties containing a total of approximately 24.5 million rentable square feet, geographically diversified across 31 states. The Company's occupancy rate as of this date is 99.7%.

Company profile

Ticker

MNR, MNR-PC

Exchange

NYSE

Website

www.mreic.com

CEO

Michael Landy

Incorporated

Maryland

Location

New Jersey

Fiscal year end

Sep 30

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • AGNC Investment • VEREIT • Vornado Realty • Simon Property • Healthpeak Properties • Erp Operating LTD Partnership • Equity Residential Properties Trust • Prologis • Welltower ...

SEC CIK

0000067625

Corporate docs

Articles of Incorporation & Bylaws

IRS number

221897375

MNR stock data

S&P 500

1M 1Y 2Y 5Y

News

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Starwood Capital Group Affiliate Files Preliminary Proxy Statement in Opposition to Monmouth Real Estate Investment Corp.'s Proposed Sale to Equity Commonwealth

28 Jul 21

Reaffirms Commitment to its Superior All-Cash Proposal Stands Ready to Execute Fully Financed, Fully Actionable Offer That Would Provide Immediate Value to Monmouth Shareholders Urges Monmouth Shareholders Demand the

Benzinga's Top Ratings Upgrades, Downgrades For July 22, 2021

22 Jul 21

Compass Point Upgrades Monmouth Real Estate to Buy, Raises Price Target to $21.5

22 Jul 21

Compass Point analyst Merrill Ross upgrades Monmouth Real Estate (NYSE:MNR) from Neutral to Buy and raises the price target from $18.88 to $21.5.

Monmouth Real Estate Investment Corp. Reports Receipt Of Unsolicited Acquisition Offer At $18.70/Share

12 Jul 21

Stocks That Hit 52-Week Highs On Tuesday

15 Jun 21

Press releases

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Starwood Capital Group Affiliate Files Definitive Proxy Statement in Opposition to Monmouth Real Estate Investment Corp.'s Proposed Sale to Equity Commonwealth

30 Jul 21

Urges Monmouth Shareholders to Vote the BLUE Proxy Card "AGAINST" Equity Commonwealth's Merger Proposal Sends Letter to Monmouth Shareholders Starwood Real Estate Income Trust, Inc. ("Starwood"), an affiliate of

Equity Commonwealth Reports Second Quarter 2021 Results

28 Jul 21

Equity Commonwealth (NYSE:EQC) today reported financial results for the quarter ended June 30, 2021. Merger Update On May 4, 2021, the company announced that Equity Commonwealth and Monmouth Real Estate Investment

Starwood Capital Group Affiliate Files Preliminary Proxy Statement in Opposition to Monmouth Real Estate Investment Corp.'s Proposed Sale to Equity Commonwealth

28 Jul 21

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates CADE, EBSB, TRMT, MNR; Shareholders are Encouraged to Contact the Firm

27 Jul 21

Starwood Capital Issues Statement on Monmouth Board's Rejection of Superior Proposal

22 Jul 21

Calendar

6 May 21

31 Jul 21

30 Oct 21

Financial summary

Financial statements Chart MNR financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Sep 20	Sep 19	Sep 18	Sep 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	19.38M	19.38M	19.38M	19.38M	19.38M	19.38M
Cash burn (monthly)	3.3M	1.38M	8.56M	7.56M	(positive/no burn)	(positive/no burn)
Cash used (since last report)	13.25M	5.53M	34.36M	30.37M	n/a	n/a
Cash remaining	6.13M	13.85M	-14.98M	-10.99M	n/a	n/a
Runway (months of cash)	1.9	10.1	-1.8	-1.5	n/a	n/a

Beta Read what these cash burn values mean

Institutional ownership Q1 2021

MNR institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

65.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	225	211	+6.6%
Opened positions	39	33	+18.2%
Closed positions	25	33	-24.2%
Increased positions	60	67	-10.4%
Reduced positions	78	68	+14.7%

13F shares	Current	Prev Q	Change
Total value	1.14B	1.15B	-1.0%
Total shares	64.28M	65.95M	-2.5%
Total puts	51.5K	75.7K	-32.0%
Total calls	79.8K	57.6K	+38.5%
Total put/call ratio	0.6	1.3	-50.9%

Largest owners	Shares	Value	Change
Vanguard	9.77M	$172.9M	+1.6%
BLK Blackrock	9.6M	$169.76M	+1.6%
Wasatch Advisors	9.27M	$164.06M	-0.2%
STT State Street	3.69M	$65.35M	-0.6%
FMR	2.21M	$39.14M	+0.0%
Geode Capital Management	1.83M	$32.34M	+3.2%
Dimensional Fund Advisors	1.75M	$30.88M	-1.7%
NTRS Northern Trust	1.66M	$29.29M	-19.7%
Renaissance Technologies	1.51M	$26.69M	-22.5%
Raymond James & Associates	1.12M	$19.83M	+1.3%

Largest transactions	Shares	Bought/sold	Change
Granite Investment Partners	0	-898.95K	EXIT
Renaissance Technologies	1.51M	-436.8K	-22.5%
NTRS Northern Trust	1.66M	-406.04K	-19.7%
D.a. Davidson & Co.	442.14K	+260.77K	+143.8%
BCS Barclays	346.35K	+246.15K	+245.6%
Connors Investor Services	0	-227.75K	EXIT
K2 Principal Fund	205.75K	+205.75K	NEW
GS Goldman Sachs	380.82K	-202.73K	-34.7%
Fuller & Thaler Asset Management	1.32K	-201.21K	-99.4%
Two Sigma Advisers	30.5K	-166.74K	-84.5%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

New words: broad, calendar, Carlstadt, Commonwealth, conclusion, conducted, contemplated, culmination, domestic, earn, EQC, experiencing, growth, harm, inability, instituted, joint, merge, merger, month, outcome, pension, phase, profit, publicly, reputable, satisfied, seller, Somerset, sovereign, St, subsidiary, Topeka, uncertainty, unexpected, venture, waived, wealth

Removed: adequately, manner, manufacturing, obligation, participant, participation, recent, sufficient

From filing 10-Q 2021 Q2