Cash GenerationTrailing-twelve-month operating and free cash flow roughly match net income, showing the company converts reported earnings into real cash. Durable cash conversion supports debt service, maintenance capex and opportunistic investments, improving financial resilience over months ahead.

Margin ProfileA healthy operating margin (~34%) and positive net margin (~12%) indicate efficient property operations and expense control in the current operating model. Sustainable margins help absorb cyclical rent or occupancy swings and underpin cash flow generation over the medium term.

Improved Equity And ROEEquity restoration versus prior years and a roughly 10% trailing ROE signal the firm is rebuilding capital and earning respectable returns on that base. Stronger equity cushions downside risk and improves access to capital markets for refinancing or growth over coming quarters.

Bears Say

High LeverageA debt-to-equity ratio near 3.5x leaves the REIT highly exposed to interest-rate moves and refinancing risk. Elevated leverage restricts flexibility for acquisitions or capital returns and raises default sensitivity if cash flows weaken, a material structural constraint for months ahead.

Earnings VolatilitySignificant year-to-year swings and reliance on non-recurring items reduce predictability of core earnings. This volatility hampers forecasting, raises the risk of future cash-flow shortfalls, and complicates capital allocation and dividend planning over the medium term.

Dividend UncertaintyManagement's explicit quarter-by-quarter dividend policy creates structural unpredictability for income investors and signals discretionary payouts tied to cash variability. That uncertainty can limit the REIT's appeal to dividend-focused holders and complicate long-term yield expectations.

First Real Estate Investment of New Jersey News

First Real Estate Investment Trust Declares Cautious Q1 Dividend

First Real Estate Investment of New Jersey ( ($FREVS) ) has shared an update. On January 15, 2026,...

2M ago

FREIT Declares Fourth Quarter Dividend Amid Uncertainty

First Real Estate Investment of New Jersey ( ($FREVS) ) just unveiled an announcement. On October 8, 2025,...

5M ago

First Real Estate Elects New Directors at Annual Meeting

An update from First Real Estate Investment of New Jersey ( ($FREVS) ) is now available. On July...

8M ago

FREIT Declares Third Quarter Dividend Announcement

First Real Estate Investment of New Jersey ( ($FREVS) ) has provided an update. On July 17, 2025,...

8M ago

FREVS FAQ

What was First Real Estate Investment Trust of New Jersey’s price range in the past 12 months?

First Real Estate Investment Trust of New Jersey lowest stock price was $11.01 and its highest was $17.07 in the past 12 months.

What is First Real Estate Investment Trust of New Jersey’s market cap?

First Real Estate Investment Trust of New Jersey’s market cap is $104.68M.

When is First Real Estate Investment Trust of New Jersey’s upcoming earnings report date?

First Real Estate Investment Trust of New Jersey’s upcoming earnings report date is Jun 11, 2026 which is in 81 days.

How were First Real Estate Investment Trust of New Jersey’s earnings last quarter?

First Real Estate Investment Trust of New Jersey released its earnings results on Mar 17, 2026. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of N/A by $0.13.

Is First Real Estate Investment Trust of New Jersey overvalued?

According to Wall Street analysts First Real Estate Investment Trust of New Jersey’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does First Real Estate Investment Trust of New Jersey pay dividends?

First Real Estate Investment Trust of New Jersey pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 2.42%. See more information on First Real Estate Investment Trust of New Jersey dividends here

What is First Real Estate Investment Trust of New Jersey’s EPS estimate?

First Real Estate Investment Trust of New Jersey’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does First Real Estate Investment Trust of New Jersey have?

First Real Estate Investment Trust of New Jersey has 7,482,432 shares outstanding.

What happened to First Real Estate Investment Trust of New Jersey’s price movement after its last earnings report?

First Real Estate Investment Trust of New Jersey reported an EPS of $0.13 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 5.148%.

Which hedge fund is a major shareholder of First Real Estate Investment Trust of New Jersey?

Currently, no hedge funds are holding shares in FREVS

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

First Real Estate Investment Trust of New Jersey

First Real Estate Investment Trust of New Jersey is a publicly traded (over-the-counter symbol FREVS.) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey, New York and Maryland, with the largest concentration in northern New Jersey.