• Return to Headlines

Simon Property is Among the Companies in the Retail REITs Industry With the Highest Level of Cash (SPG, UE, ALX, KIM, AKR)

By James Quinn

Below are the three companies in the Retail REITs industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.

Simon Property ranks highest with a CE of $1,000. Urban Edge P is next with a CE of $490. Alexander'S Inc ranks third highest with a CE of $308.

Kimco Realty follows with a CE of $239, and Acadia Realty rounds out the top five with a CE of $75.

SmarTrend recommended that subscribers consider buying shares of Kimco Realty on January 15th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $16.03. Since that recommendation, shares of Kimco Realty have risen 17.9%. We continue to monitor Kimco Realty for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest level of cash simon property urban edge p :alx alexander's inc kimco realty acadia realty

Ticker(s): SPG UE KIM AKR