Five-Year Lows: Washington REIT, Invesco Mortgage Capital, Mack-Cali Realty, South Jersey Industries

A roundup of stocks near their five-year low prices

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Sep 07, 2015
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According to GuruFocus list of five-year lows, these Guru stocks have reached their five-year low prices: Washington REIT, Invesco Mortgage Capital Inc., Mack-Cali Realty Corp., and South Jersey Industries Inc.

Washington REIT (NYSE:WRE) Reached $23.93

The prices of Washington REIT (WRE, Financial) shares have declined to $23.93, which is only 6.8% above the five-year low of $22.30. It is now 35.4% off the five-year high of $34.54. Washington REIT is owned by one Guru we are tracking. Washington REIT, a successor to a trust organized in 1960, is a self-administered, self-managed, equity real estate investment trust. Washington Reit has a market cap of $1.68 billion; its shares were traded at around $23.93 with a P/E ratio of 50.40 and P/S ratio of 5.44. The dividend yield of Washington Reit stocks is 5.01%.

Washington REIT released their 2015 second quarter results with total operating revenues of $63.9 million and net loss of $2.9 million.

Director John P Mcdaniel sold 1,875 shares of WRE stock on June 4 at the average price of $25.4.

Invesco Mortgage Capital Inc. (NYSE:IVR) Reached $13.39

The prices of Invesco Mortgage Capital Inc. (IVR, Financial) shares have declined to $13.39, which is only 6.8% above the five-year low of $12.48. It is now 48.2% off the five-year high of $24.07. Invesco Mortgage Capital Inc. is owned by two Gurus we are tracking. Among them, one added to their positions during the past quarter. One reduced their position. Invesco Mortgage Capital was incorporated in Maryland in June 2008. Invesco Mortgage Capital has a market cap of $1.67 billion; its shares were traded at around $13.39 with a P/E ratio of 48.66 and P/S ratio of 15.35. The dividend yield of Invesco Mortgage Capital Inc stocks is 13.82%.

Invesco Mortgage Capital Inc. recognized core earnings of $50.0 million, or $0.41 per common share, and net income of $147.3 million.

President and CEO Richard J. King bought 6,600 shares of IVR stock in May and August. CIO John Anzalone bought 1,200 shares of IVR stock on Aug. 20 at the average price of $13.83.

Mack-Cali Realty Corp. (NYSE:CLI) Reached $18.37

The prices of Mack-Cali Realty Corp. (CLI, Financial) shares have declined to $18.37, which is only 8.3% above the five-year low of $16.85. It is now 53.1% off the five-year high of $35.96. Mack-Cali Realty Corp. is owned by seven Gurus we are tracking. Among them, three have added to their positions during the past quarter. Four reduced their positions. Mack-Cali Realty Corp. was incorporated in the State of Maryland on May 24, 1994. Mack-Cali Realty Corp. has a market cap of $1.67 billion; its shares were traded at around $18.37 with a P/E ratio of 64.20 and P/S ratio of 3.03. The dividend yield of Mack-Cali Realty Corp. stocks is 3.27%.

Mack-Cali Realty Corp. reported its 2015 second financial quarter results. The company declared total revenues of $148.6 million and net earnings of $39.4 million.

GuruFocus Gurus David Dreman (Trades, Portfolio) and Ken Fisher (Trades, Portfolio) both kept their positions in Mack-Cali Realty Corp. unchanged. Dreman owns 356,880 shares and Fisher owns 346,755 shares. George Soros (Trades, Portfolio) reduced his position in the company, owning 3,094,251 shares.

South Jersey Industries Inc. (NYSE:SJI) Reached $23.09

The prices of South Jersey Industries Inc. (SJI, Financial) shares have declined to $23.09, which is only 7.2% above the five-year low of $21.43. It is now 31.2% off the five-year high of $31.14. South Jersey Industries Inc. is owned by two Gurus we are tracking. Among them, two have added to their positions during the past quarter. One reduced their positions. South Jersey Industries Inc. is a New Jersey corporation, was formed in 1969 for the purpose of owning and holding all of the outstanding common stock of South Jersey Gas Company, a public utility, and acquiring and developing non-utility lines of business. South Jersey Industries Inc has a market cap of $1.65 billion; its shares were traded at around $23.09 with a P/E ratio of 14.70 and P/S ratio of 1.63. The dividend yield of South Jersey Industries Inc. stocks is 5.37%. South Jersey Industries Inc had an annual average earnings growth of 1.70% over the past 10 years.

South Jersey Industries Inc. announced its 2015 second quarter financial results with total operating revenues of $177.7 million and net income of $13.3 million.

GuruFocus Guru John Keeley (Trades, Portfolio) increased his position in South Jersey Industries Inc. and owns 379,305 shares.

President and CEO Michael J Renna sold 700 shares of SJI stock on July 15 at the average price of $25.43. Director Victor Fortkiewicz and Director Frank L Sims together bought 81,000 shares of SJI stock in March and August. Director Walter M Higgins and Chief Operating Officer Michael J Renna sold 6,400 shares of SJI stock altogether in June and May.

Go here for the complete list of five-year lows.