These 3 Real Estate Stocks Attract Rating, Forecast Changes By Analysts
These 3 Real Estate Stocks Attract Rating, Forecast Changes By Analysts
Investors buy shares in real estate companies for exposure to property with a lower outlay but the same returns.
投資者購買房地產公司的股票以投資房地產，支出較低但回報相同。
Camden Property Trust
卡姆登財產信託基金
RBC Capital Markets analyst Brad Heffern downgraded the ratings for Camden Property Trust (NYSE:CPT) from Outperform to Sector Perform, while keeping the price target at $122.
加拿大皇家銀行資本市場分析師布拉德·赫弗恩將卡姆登房地產信託基金（紐約證券交易所代碼：CPT）的評級從跑贏大盤下調至行業表現，同時將目標股價維持在122美元。
While Camden Property Trust reported stronger-than-expected July quarter results, these were largely driven by the peak leasing season rather than improving fundamentals, Heffern said in the downgrade note. He expects the company to miss its guidance for the back half of 2024.
赫弗恩在降級報告中表示，儘管卡姆登房地產信託基金公佈的7月季度業績強於預期，但這主要是由租賃旺季推動的，而不是基本面的改善。他預計該公司將無法達到2024年下半年的預期。
This may be "another long fall/winter for the Sun Belt," the analyst wrote. "While tapering supply is in sight, the supply problem could be replaced by a demand problem if move-outs to buy a home return to normal levels as rates come down," he further stated.
分析師寫道，這可能是 「太陽帶又一個漫長的秋季/冬季」。他進一步表示：「雖然供應在眼前，但如果隨着利率的下降，搬出購房恢復到正常水平，供應問題可能會被需求問題所取代。」
Check out other analyst stock ratings.
查看其他分析師股票評級。
Invitation Homes
邀請之家
RBC Capital Markets analyst Brad Heffern downgraded the ratings for Invitation Homes Inc (NYSE:INVH) from Outperform to Sector Perform, while lowering the price target from $37 to $36.
加拿大皇家銀行資本市場分析師布拉德·赫弗恩將Invitation Homes Inc（紐約證券交易所代碼：INVH）的評級從跑贏大盤下調至行業表現，同時將目標股價從37美元下調至36美元。
The leasing spreads for Invitation Homes in the third quarter "show further deceleration, and we think renewals show a higher level of tenant push back on rate increases," Heffern said. "For-sale housing could potentially become a headwind with mortgage rates moving lower."
赫弗恩說，第三季度Invitation Homes的租賃利差 「顯示出進一步減速，我們認爲續約顯示租戶對加息的抑制程度更高。」「隨着抵押貸款利率的降低，待售住房可能會成爲不利因素。」
Given the high average resident income, tenants are more likely to afford a house, the analyst stated. "We continue to think 2025 consensus estimates are too high, especially with headwinds from INVH's swaps rolling off," he further wrote.
分析師表示，鑑於居民的平均收入很高，租戶更有可能買得起房子。他進一步寫道：「我們仍然認爲2025年的共識估計過高，尤其是在INVH互換的不利因素逐漸減少的情況下。」
LGI Homes
LGI Homes
Wedbush analyst Jay McCanless upgraded the ratings for LGI Homes Inc (NASDAQ:LGIH) from underperform to Neutral, while raising the price target from $97 to $125.
Wedbush分析師傑伊·麥坎萊斯將LGI Homes Inc（納斯達克股票代碼：LGIH）的評級從表現不佳上調至中性，同時將目標股價從97美元上調至125美元。
LGI Homes generated sales absorption of 4.6 homes per month in August, the highest absorption pace since December 2023, McCanless said in the upgrade note.
麥肯利斯在升級報告中表示，LGI Homes在8月份創造了每月4.6套房屋的銷售吸收率，這是自2023年12月以來的最高吸收率。
The company appears to be on track "to achieve our F3Q24 closing forecast of 1.8k homes assuming September's sales absorption and community count are in line with August's levels," he added.
他補充說，該公司 「假設9月份的銷售吸收率和社區數量與8月份的水平一致，有望實現我們對0.18萬套住房的 F3Q24 收盤預測。」
The catalysts for the stock include the pullback in share price from Aug. 30 to Sept. 6, a potential for positive cash flow reversal and steady declines in mortgage rates so far in the third quarter, the analyst stated.
該股的催化劑包括股價自8月30萬日起的回調。該分析師表示，9月6日，第三季度迄今爲止，現金流有可能逆轉，抵押貸款利率穩步下降。
"Cash flow trajectory should shift from a net outflow to a net inflow during F4Q24 and F1Q25," he further wrote.
他進一步寫道：「在 F4Q24 和 F1Q25 期間，現金流軌跡應從淨流出轉變爲淨流入。」
Price action at the time of publication:
發佈時的價格走勢：
- Camden Property Trust's shares were down by 0.29% to $121.84
- Shares of Invitation Homes had declined by 1.17% to $35.54
- LGI Homes' stock had jumped by 2.14% to $107.04
- 卡姆登房地產信託基金的股價下跌0.29％，至121.84美元
- Invitation Homes的股價下跌了1.17％，至35.54美元
- LGI Homes的股票上漲了2.14％，至107.04美元
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立即閱讀：GameStop第二季度收益預覽：分析師估計，重返盈利能力是焦點——投資者會獲得現金計劃的最新消息嗎？
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圖片：Shutterstock
譯文內容由第三人軟體翻譯。