Equity One Inc. (NYSE:EQY) – Investment analysts at Capital One Financial Corp. upped their Q4 2016 earnings per share (EPS) estimates for shares of Equity One in a report released on Sunday. Capital One Financial Corp. analyst C. Lucas now forecasts that the firm will post earnings of $0.36 per share for the quarter, up from their prior forecast of $0.35. Capital One Financial Corp. also issued estimates for Equity One’s Q3 2017 earnings at $0.37 EPS.
Several other research analysts have also commented on EQY. Zacks Investment Research lowered Equity One from a “hold” rating to a “sell” rating in a research report on Tuesday, April 26th. Deutsche Bank AG reissued a “hold” rating on shares of Equity One in a research report on Sunday, May 22nd. Barclays PLC reissued an “underweight” rating and issued a $28.00 price target (up from $26.00) on shares of Equity One in a research report on Monday, June 13th. Finally, Citigroup Inc. boosted their price target on Equity One from $29.00 to $33.00 and gave the stock a “neutral” rating in a research report on Thursday, July 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $30.43.
Equity One (NYSE:EQY) traded down 0.50% on Wednesday, hitting $32.04. The stock had a trading volume of 642,699 shares. The company has a market cap of $4.55 billion and a price-to-earnings ratio of 54.03. Equity One has a 52-week low of $22.52 and a 52-week high of $32.56. The company has a 50 day moving average price of $31.24 and a 200-day moving average price of $28.90.
In other news, COO Michael Makinen sold 1,400 shares of the business’s stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $29.77, for a total value of $41,678.00. Following the completion of the transaction, the chief operating officer now owns 15,094 shares of the company’s stock, valued at approximately $449,348.38. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Angela Valdes sold 25,000 shares of the business’s stock in a transaction dated Monday, May 9th. The shares were sold at an average price of $30.23, for a total value of $755,750.00. Following the completion of the transaction, the insider now directly owns 45,393 shares of the company’s stock, valued at approximately $1,372,230.39. The disclosure for this sale can be found here.
The company also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Thursday, June 16th were paid a dividend of $0.22 per share. The ex-dividend date was Tuesday, June 14th. This represents a $0.88 annualized dividend and a yield of 2.73%.
Equity One, Inc is a real estate investment trust (REIT). The Company owns, manages, acquires, develops and redevelops shopping centers and retail properties located in supply constrained suburban and urban communities. The Company’s property portfolio includes 90-30 Metropolitan, 1175 Third Avenue, Aventura Square, Circle Center West, Culver Center, Bird Ludlum, Greenwood, Pavilion, Sheridan Plaza, Shoppes of Silverlakes, Westport Plaza, Alafaya Village, Ryanwood, Town & Country, Plaza Escuela, Potrero, Copps Hill, Southbury Green, Clocktower Plaza, Buckhead Station, Hampton Oaks, Quincy Star Market, Elmwood Oaks, Westwood Towers, Centre Pointe Plaza and Willows Shopping Center.
