Crexus Investment Corporation(CXS)
Parth Chopra, Aditya Chaudhry
Profile
•Mainly a commercial real estate financecompany
•Invests and manages the following:
oCommercial Mortgage-Backed Securities (CMBS)
oOther Commercial real estate
•Located in Maryland
•Risk Adjusted investing
•Classified as a Real Estate Investment Trust(REIT) and thus pays 90% of its earnings toshareholders
Dividends
•CXS is required to pay out 90% of itsearnings per quarter in the form ofdividends.
•Dividends have continued to rise because ofincreased earnings as shown in thefollowing data:
Dividend History
Stock History
•Previous close: $10.58.
•52-week range: $8.03 - $13.51
•3-month:
More information (updated01/09/12
Sales*
71.53 Mil
Income*
71.07 Mil
Sales Growth*
NA
Income Growth*
NA
Net Profit Margin
99.36%
Debt/Equity Ratio
0.00
Beta
0.43
EPS
1.29
Forward P/E
8.40
P/E
7.56
Market Cap
810.64 Mil
Shares Outstanding
76.62 Mil
Fundamentals
•Met EPS and Sales expectations for last fourquarters.
•Exceeded both by 9.02% 2nd quarter.
•Sales expected to have grown over 530% in2011.
•EPS expected to have grown 112% in 2011.
•P/E ratio of 8.23.
•Earnings report Jan. 27.
Technicals
•The StockScouter measure of relative pricechange and consistency is flat.
•Previous day's closing price was slightlyabove 50-day moving average. (MSNStockScouter).
Analyst Expectations
•From MarketWatch:From CNN Money:
Recomendations
•Buy at market price.
•Limit sell at about $12.50, hold at leastuntill next dividends are payed.
•Expected Dividend Return of about 35 cents(conservative estimate) per stock.
•Total Return: 12 shares * ($2.00 + $0.35) =$28.20