+ Watch ARCP
on My Watchlist
.03 accounting error & stupid cover-up has dropped ARCP below NAV. Catalysts include clean financials, new management, dividend reinstatement @ higher than expected level, activist push to increase shareholder value and buyout possibilities...Realty Income [O] would be a potential acquirer. Downside protection from triple-net lease properties with long-term contracts and escalator clauses. Uncertainties include former CAO lawsuit on cover-up, unlikely but possible financing-re-financing issues, and the biggie, unlikely further accounting issues.
Div. (Yield) $1.00 (10.9%)ARCP has paid out a dividend of $0.08333
Hard mung, Whale-rus.
Here we have a terribly managed REIT with shady accounting, however one that does have valuable assets that should be a steal at this level. The market's reaction to this news seems to be to be much larger than the actual the AFFO overstatement. ARCP's management was already hated so I'm not surprised by the selloff. I personally sold my shares when the pulled the plug on their previously announced spinoff and issued new shares even though they said that they wouldn't to buy the Red Lobster properties.I would not be surprised in the least if a distribution cut was coming, but I bet that the distribution stays at over 10% at this price per share. I'll take a flyer that they straighten out ARCP's management at this level. Jason
All the expansion and poor communications has hidden an undervalued cash generating machine paying a great dividend.
strong dividend price pressured from issuance of new shares
going with the insiders - great yield at this price
No company with a continuing negative EPS is in for greatness.
Great dividend payer!
Weight of merger, housing market set to rebound in 2014
REIT sector is due for a bounce back. Cole acquisition is hugely accretive and will significant improve performance down the road. Also has a 7% annual dividend yield paid monthly. This is O at better valuation.
There have been four different insiders buying American Realty Capital Properties and there have not been any insiders selling American Realty Capital Properties during the last 30 days. Two of these four insiders increased their holdings by more than 10%. American Realty Capital Properties has an insider ownership of 1.30%.
The major coup of acquiring COLE just a few months after this large REIT's IPO is impressive. The economies of scale should reward shareholders with increasing FFO and dividends. ARCP CEO Marc Nemer was quoted as saying when the deal is complete it will be paying a 7.5% dividend yield. I think that implies some price appreciation down the road as well.
Recent earnings depressed by acquisitions which should turn accretive in next two quarters. Strong current yield.
Management buying. Good yield. Well prepared for rising interest rates.
Management buying stock; great yield! Stock is down in anticipation of interest rates going up -- but company seems well prepared for the new environment,
recent Luxor Capital purchase; stock tanked due to purchase of GE Capital assets funded through share sales and debt
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