FSV, JLL and BIP are three real estate stocks to look into as mortgage rates decline.
Demand for heating, ventilation, and air conditioning (HVAC) systems warmed up considerably in 2024. That powered strong growth for companies that provide climate solutions, like Lennox (LII -1.53%) and Trane Technologies (TT -1.19%).
Recent weakness in day rates and dividend cuts caused a steep decline in Cool Company share price. CLCO reported stable quarterly revenues and EBITDA. Realized loss from derivatives trading impacted the company's bottom line. Despite recent dividend cuts and higher OPEX, CLCO's modern fleet and $1.1 billion backlog ensure revenue predictability and dividend safety.
Cool Company Ltd. (NYSE:CLCO ) Q3 2024 Earnings Conference Call November 21, 2024 8:30 AM ET Company Participants Richard Tyrrell - CEO John Boots - CFO Conference Call Participants Frode Morkedal - Clarksons Securities Alexander Bidwell - Webber Research & Advisory Liam Burke - B.
Low fuel costs are expected to have aided Cool Company's bottom-line performance in Q3.
AXP is poised to benefit from product refreshes, an enhanced focus on dining and a younger customer cohort.
Following the government's announcement of significant economic stimulus measures, Chinese stocks recently experienced a major rally, with some soaring as much as 100% from their 52-week lows. However, the surge has since cooled, with a pullback emerging over the past two weeks, raising the question: Is this dip a great buying opportunity, or should investors remain cautious?
Bolstering their valuations, these Zacks transportation-shipping stocks are offering enticing dividends and have seen a positive trend of earnings estimate revisions which suggests more upside.
Cool Company's long-term contracts provide revenue visibility, with a $1.8 billion backlog. Tiger and Panther will join the CLCO fleet in the coming months, boosting the company's profitability. The company distributes dividends with a 14.5% trailing LTM yield and a 71% payout ratio. CLCO's valuation is attractive, trading at lower multiples compared to peers, with a PNAV of 77% and LTV of 53%.
CLCO, CTO and OPRA made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 30, 2024.
CLCO, QFIN and MCRI made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 20, 2024.
QFIN, CLCO, HCA, STRL and CSGS have been added to the Zacks Rank #1 (Strong Buy) List on September 20, 2024.