Posted on 1/7/21
Blackstone Mortgage Trust: Still Some Upside But Credit Migration Highlights The Risk
Summary Margin calls have been avoided and the dividend has been maintained through 2020.Loan performance is strong with 99% of interest collected during the third quarter.At . . .
Posted on 9/27/20
Carmax Puts The Pedal To The Metal With Omnichannel Rollout
Carmax reports strong Q2 margins and has rebuilt inventory signaling an expectation of sales growth.The omnichannel rollout is complete but will require ongoing reinvestment into the . . .
Posted on 4/8/20
CarMax Downshifts Into Survival Mode
SummaryAn extraordinary year is marred by the economic impacts of the Coronavirus.We compare CarMax liquidity with estimated cash expenses to see if the firm can survive . . .
Posted on 8/28/19
Carmax Has Plenty Of Gas Left In The Tank
CarMax (KMX) is the largest used car dealer in the US with an approximate 3.3% market share of 0-10 year used vehicle sales (in units). In . . .
Posted on 8/15/19
Realty Income Ramps Up The Acquisition Machine
Realty Income (O) reported excellent second quarter results. The firm deployed $1.1B of capital in the quarter alone, and $1.6B year to date, on acquisitions. The . . .
Posted on 5/11/18
The Acquistion Of Gramercy Property Trust
Gramercy Property Trust (GPT) has agreed to be acquired by Blackstone Real Estate Partners VIII, an affiliate of Blackstone Group L.P. (BX), for $27.50 in an . . .
New York
