BT Group PLC (BT, Financial), The Kroger Co. (KR, Financial), GGP Inc. (GGP, Financial) and New York Community Bancorp Inc. (NYCB, Financial) have declined to their three-year lows.
BT Group declined to $18.87
The price of BT Group shares declined to $18.87 on Sept. 8, which is only 4.3% above the three-year low of $18.06.
BT Group is a British holding company that owns British Telecommunications, a British international telecommunications services company. BT Group has operations in more than 180 countries, and its BT Global Services division provides telecom services to corporate and government customers worldwide.
BT Group has a market cap of $37.19 billion; its shares were traded around $18.87 with a price-earnings (P/E) ratio of 17.92 and a price-sales (P/S) ratio of 1.30. BT Group's trailing 12-month dividend yield is 5.20%. The forward dividend yield is 7.20%.
On Aug. 31 BT Group announced details of a new platform called BT Personalized Compute Management System. The new platform is designed to help companies speed up time-to-market for new digital services, disrupt their traditional business models and create new ways for the companies to grow. The platform also seeks to help customers simplify and accelerate their digital transformation.
Kroger declined to $21.06
The price of Kroger shares declined to $21.06 on Sept. 8, which is only 2.8% above the three-year low of $20.46.
Kroger is an American retailing company that is the U.S.’s largest supermarket chain by revenue and the second-largest general retailer and the 23rd-largest company in the U.S. Furthermore, the company is the third-largest retailer in the world and the third-largest private employer in the U.S. The company has a market cap of $20.93 billion; as of June 30 it traded at $23.32.
Kroger's shares were traded around $21.06 with a P/E ratio of 12.69 and a P/S ratio of 0.17. Kroger's trailing 12-month dividend yield is 2.33%. The forward dividend yield is 2.20%. Kroger had an annual average earnings growth of 10.70% over the past 10 years.
On Sept. 8 Kroger reported financial results for the second quarter ended Aug. 12. The company reported net earnings of $353 million, or 39 cents per diluted share, compared to $386 million, or 40 cents per diluted share, during the same period of the prior year. The company also reported total sales of $27.6 billion, an increase of 3.9% compared to $26.6 billion during the same period in the prior year.
GGP declined to $21.28
The price of GGP shares declined to $21.28 on Sept. 8, which is only 4.6% above the three-year low of $20.31.
GGP is an American real estate investment trust company that owns and manages shopping malls throughout the U.S. The company has interests in 120 regional shopping malls in 40 states and has been in the shopping center industry for more than 60 years. The entire company’s portfolio totals roughly 125 million square feet of retail space.
GGP has a market cap of $18.77 billion; its shares were traded around $21.28 with a P/E ratio of 17.87 and a P/S ratio of 8.87. GGP's trailing 12-month dividend yield is 4.05%. The forward dividend yield is 4.12%. GGP had an annual average earnings growth of 9.60% over the past five years.
On Aug. 2 GGP reported second-quarter financial results. Net income attributable to GGP was $126 million, or 13 cents per diluted share, as compared to $186 million, or 19 cents per diluted share in the prior year. Furthermore, the company also reported a net operating income of $551 million compared to $544 million in the prior year.
New York Community Bancorp declined to $11.73
The price of New York Community Bancorp shares  declined to $11.73 on Sept. 8, which is only 0.4% above the three-year low of $11.68.
New York Community Bancorp is an American Fortune 1000 bank that has 227 branches in New York, New Jersey, Ohio, Florida and Arizona. The bank has over $50 billion in assets, making it one of the 25 largest bank holding companies in the U.S. As of 2015, the bank employed 3,448 individuals.
New York Community Bancorp has a market cap of $5.74 billion; its shares were traded around $11.73 with a P/E ratio of 12.76 and a P/S ratio of 4.15. New York Community Bancorp's trailing 12-month dividend yield is 5.80%. The forward dividend yield is 5.81%.
On Sept. 6 New York Community Bancorp announced the declaration of a quarterly cash dividend on its Fixed-to-Floating Rate noncumulative perpetual preferred stock series A at a rate of $15.94 per preferred share, which equals 39.84 cents for each depositary share. Each depositary share represents a 1/40th ownership interest in a share of the Series A preferred stock. The dividend will be payable on Sept. 17 to shareholders of record at the close of business on Sept. 7.
Disclosure: I do not own stock in any of the companies mentioned in the article.
