Is Nova Net Lease REIT stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Nova Net Lease REIT pays dividends. Last time was Thursday 15th of June 2023 where the investors holding the stock on Tuesday 30th of May 2023 were paid $0.00225 per share. Over the last 9 times between 2022 and 2023, Nova Net Lease REIT has paid $0.02025 with an average of $0 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Nova Net Lease REIT 10 years ago, but if you had invested on Thursday 15th of September 2022 when the price was $0.504, you would have made a loss of $-0.212 per share or -41.96%
No, the average daily trading liquidity for Nova Net Lease REIT is $1 226 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Nova Net Lease REIT has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.18, the company's ability to pay off the debt is normal. Nova Net Lease REIT has a very good net profit margin of 123.86% and should have very high tolerances against inflation.
We have calculated the inflation risk for Nova Net Lease REIT to be low [0.3 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.