Regeneron Pharmaceuticals Inc. (REGN, Financial), PPL Corp. (PPL, Financial), Vornado Realty Trust (VNO, Financial), and Kimco Realty Corp. (KIM, Financial) have declined to their three-year lows.
Regeneron Pharmaceuticals Inc. (REGN, Financial) declined to $319.61
The prices of Regeneron Pharmaceuticals Inc. (REGN, Financial) shares have declined to $319.61 on April 6, which is only 1.9% above the 3-year low of $313.53.
Regeneron Pharmaceuticals Inc. is an American biotechnology company. Originally, the company focused on neurotrophic factors and their regenerative capabilities but has since branched out into the research of cytokine and tyrosine kinase receptors. The company is a component of both the NASDAQ-100 and S&P 500.
Regeneron Pharmaceuticals Inc. has a market cap of $34.42 billion; its shares were traded around $319.61 with a P/E ratio of 30.98 and P/S ratio of 6.30. Regeneron Pharmaceuticals Inc. had an annual average earnings growth of 31.70% over the past 5 years.
On April 3 Regeneron Pharmaceuticals Inc. announced that the European Medicines Agency has accepted for review an application for DUPIXENT as an add-on maintenance treatment in certain adults and adolescents 12 years and older with inadequately controlled moderate to severe asthma. DUPIXENT is a human monoclonal antibody specifically designed to inhibit signaling of interleukin-4 and interleukin-13, two cytokines that contribute to type 2 inflammation.
PPL Corp. (PPL, Financial) declined to $27.93
The prices of PPL Corp. (PPL, Financial) shares have declined to $27.93 on April 6, which is only 3.0% above the 3-year low of $27.08.
PPL Corp. is an American international electric utilities and energy company that controls around 8,000 megawatts of regulated electric generating capacity in the U.S. The company delivers electricity to 10.5 million customers in Pennsylvania, Kentucky, and Great Britain and also provides natural gas delivery to 321,000 customers in Kentucky.
PPL Corp. has a market cap of $19.39 billion; its shares were traded around $27.93 with a P/E ratio of 17.04 and P/S ratio of 2.57. The trailing 12-month dividend yield of PPL Corp. stocks is 5.71%. The forward dividend yield of PPL Corp. stocks is 5.86%.
On Feb 22 PPL Corp. reported fiscal 2017 results. Reported GAAP earnings were $1.13 billion, or $0.47 per share, compared with $1.9 billion, or $2.79 per share, during fiscal 2016. The company reported a loss of $321 million, or $0.47 per share, due to impacts of U.S. tax reform legislation passed during December of 2017. The 2018 earnings forecast range is between $2.20 and $2.40 per share.
Vornado Realty Trust (VNO, Financial) declined to $66.74
The prices of Vornado Realty Trust (VNO, Financial) shares have declined to $66.74 on April 6, which is only 4.5% above the 3-year low of $63.77.
Vornado Realty Trust is an American real estate investment trust that primarily invests in office buildings and street retail in Manhattan. Notable properties owned by the company in New York City include 731 Lexington Avenue, One Penn Plaza, and Rego center. The company has 4,000 employees as of 2017 and is a component of the S&P 500.
Vornado Realty Trust has a market cap of $12.68 billion; its shares were traded around $66.74 with a P/E ratio of 78.52 and P/S ratio of 5.71. The trailing 12-month dividend yield of Vornado Realty Trust stocks is 3.82%. The forward dividend yield of Vornado Realty Trust stocks is 3.72%. Vornado Realty Trust had an annual average earnings growth of 2.40% over the past 10 years.
On Feb. 12 Vornado Realty Trust reported fourth quarter 2017 financial results ended Dec. 31, 2017. Net income for the quarter was $27.3 million, or $0.14 per diluted share, compared to $651.2 million, or $3.43 per diluted share, for the same period prior year. Funds from operations for the quarter was $153.2 million, or $0.80 per diluted share, compared to $797.7 million, or $4.20 per diluted share, for the same period prior year.
Kimco Realty Corp. (KIM, Financial) declined to $14.33
The prices of Kimco Realty Corp. (KIM, Financial) shares have declined to $14.33 on April 6, which is only 4.5% above the 3-year low of $13.69.
Kimco Realty Corp. is an American real estate investment trust and North America’s largest publicly traded owner and operator of open-air shopping centers. As of 2016, the company owns interests in 524 shopping centers in the United States, comprising of 85 million square feet across 35 states and Puerto Rico.
Kimco Realty Corp. has a market cap of $6.09 billion; its shares were traded around $14.33 with a P/E ratio of 16.48 and P/S ratio of 5.06. The trailing 12-month dividend yield of Kimco Realty Corp. stocks is 7.67%. The forward dividend yield of Kimco Realty Corp. stocks is 7.64%. Kimco Realty Corp. had an annual average earnings growth of 6.20% over the past 5 years.
On April 3 Kimco Realty Corp. announced transaction activity for the first quarter of 2018. The transaction activity included disposition of 21 shopping centers totaling 2.3 million square feet for $219.5 million. Kimco’s share of the dispositions was $210.2 million. The blended cap rate for the property sales were in line with the expected range of 7.5% to 8%.
Disclosure: I do not own stock in any of the companies mentioned in the article.
