CapLease, Inc. (NYSE:LSE)

OklaBoston (< 20) Submitted: 5/14/2013 10:39:32 PM : Start Price: $7.54 LSE Score: +4.95

Charts look good but fundamentals don't.

DrGoldin (98.14) Submitted: 4/23/2013 11:16:32 PM : Start Price: $6.80 LSE Score: -1.70

One of the cheapest triple-net REITS you can find. Also a small one, so I wouldn't be the farm on it, but it looks like a good value (in an area that is quickly running out of good values).

mrbill6 (74.08) Submitted: 9/23/2012 12:14:17 PM : Start Price: $5.09 LSE Score: +25.73

Upgraded REIT performing well over past year.

SirCharms (< 20) Submitted: 6/10/2009 3:48:16 AM : Start Price: $2.39 LSE Score: -122.51

How long can LSE continue to bleed money before the credit tap is turned off? Commercial real estate has taken a beating. There's more rental property available than you can shake a fist at. I wouldn't bet on a recovery here - business is only going to get worse.

Alwaysgolong (< 20) Submitted: 12/20/2008 7:16:02 AM : Start Price: $1.56 LSE Score: -269.16

Widespread layoffs and a credit crunch makes this a peanut butter and mustard sandwich if I ever saw one.
Sound good? Didn't think so. At the present time, this stock isn't a good idea either.

Dapperatom (< 20) Submitted: 5/15/2008 3:58:52 PM : Start Price: $6.20 LSE Score: -5.86

I like the below $10 price and its potential for a good return.

DHCInvestments (55.09) Submitted: 6/30/2007 10:38:27 PM : Start Price: $7.53 LSE Score: -21.07

picking this only for a weekto outperform

ThatOneGuy801 (68.61) Submitted: 5/16/2007 10:43:55 AM : Start Price: $7.62 LSE Score: +22.60

it's easy - look at the chart - it isn't going anywhere... CAPS score leader on this stock is .59.

Gets a DOWN vote against the S&P... in real life it might be a nice stable stock to own, but against the S&P, it isn't going ANYWHERE.

ThePessimist (99.50) Submitted: 3/29/2007 10:43:01 AM : Start Price: $7.29 LSE Score: -25.43

The real story here is valuation. The closest comparable company I can find, SFC, sold at 11.5x forecast ’07 FFO before its buyout offer, which was at 13.6x ’07 FFO. LSE had ’06 FFO of $0.93, with consensus estimates for ’07 and ’08 of $1.02 and $1.12. That means the current price is only 10.5x ’07 FFO. And SFC was discounted due to their ShopKo concentration; by contrast, the only customer with more than 10% involvement in LSE’s portfolio is the United States Government. LSE is also geographically diverse, with their greatest concentration being 11.5% in the Chicago metro area.

And that’s based on year-end numbers. On 3/16, the company announced they’re buying a $364.4M “diverse portfolio of 18 net leased real estate assets.” This will become 19% of their portfolio, diluting their existing concentrations.

The company is currently paying $0.20/Q, for a yield of 7.5%. With their ’06 FFO of $0.93, they have this dividend well covered.