Pebblebrook Hotel Trust
Pitch Summary: Pebblebrook’s preferred shares, specifically the PEB-H series, are trading at a significant discount to par, offering an 8% yield and 45% upside potential. The company’s strong balance sheet and stable cash flows provide a solid foundation for preferred dividends, making it an attractive investment in a recovering hotel industry. BSD Analysis: Pebblebrook Hotel […]
Carlyle Credit Income Fund
Pitch Summary: The Carlyle Credit Income Fund’s new 7.375% Series D Preferred Shares due 2028 offer an attractive investment opportunity due to their lower coupon rate compared to the previous series, reflecting a reduced cost of capital. The fund’s active management and strategic refinancing efforts position these securities as a low-duration investment with potential for […]
Cohen & Steers Quality Income Realty Fund
Pitch Summary: Cohen & Steers Quality Income Realty Fund (RQI) is an attractive investment for income-oriented investors due to its high yield and strong fundamentals. The fund offers a yield of approximately 7.7%, supported by investment-grade holdings and a diversified portfolio. It is well-positioned to benefit from lower short-term interest rates and has a reduced […]
RLJ Lodging Trust
Pitch Summary: The preferred shares of RLJ Lodging Trust offer an attractive yield of approximately 7.6% with a low-risk profile due to the company’s strong financials and low debt levels. BSD Analysis: RLJ Lodging Trust’s preferred shares are considered a good investment due to the company’s robust financial health, as evidenced by a healthy FFO […]
Two Harbors Investment Corp.
Pitch Summary: Two Harbors Investment Corp. has a large agency RMBS portfolio that has appreciated due to recent spread tightening, making its preferred shares attractive as they trade at significant discounts to par. BSD Analysis: Two Harbors Investment Corp. has positioned itself to benefit from the recent spread tightening in the mortgage market, with its […]
RLJ Lodging Trust
Pitch Summary: RLJ Lodging Trust offers a stable income opportunity through its preferred shares, RLJ-A, which provide a 7.8% yield. The REIT has a strong liquidity position and a manageable debt maturity schedule, making it a reliable choice for income-focused investors. BSD Analysis: RLJ Lodging Trust’s preferred shares, RLJ-A, offer a compelling yield of 7.8%, […]
Bank of Hawaii Corporation
Pitch Summary: Bank of Hawaii is a compelling investment due to its robust financial performance, including a 10% increase in net interest income and a strong net profit growth. The bank’s focus on the Hawaiian economy, while a risk, is mitigated by its strong loan book and low loan loss provisions. BSD Analysis: Bank of […]
Fifth Third Bancorp
Pitch Summary: Fifth Third Bancorp is a well-established regional bank with a strong balance sheet and consistent capital ratios. Despite recent challenges, including a significant impairment charge related to a subprime auto lender, the bank maintains a solid investment grade rating. The market views the institution favorably, as evidenced by its performance relative to peers. […]
Gladstone Land Corporation
Pitch Summary: Gladstone Land Corporation’s preferred shares, specifically Series B and C, are trading at a significant discount, offering a 7.7% yield with potential capital appreciation of up to 28.2% if interest rates decline as expected. BSD Analysis: Gladstone Land Corporation is positioned to benefit from anticipated interest rate cuts, which could drive demand for […]
