JRS Stock Summary and Trading Ideas (Nuveen Real Estate Income Common Shares Of Beneficial Interest | NYSE:JRS)

The Fund is designed to invest at least 90% of its assets in income producing common stocks, preferred stocks, convertible preferred stocks and debt securities issued by real estate companies, with at least 80% of its total assets invested in income producing equity securities issued by REITs. In managing the JRS portfolio, Security Capital seeks to maintain significant property type and geographic diversification while taking into account company credit quality, sector and security-type allocations. Investment decisions are based on a multi-layered analysis of the company, the real estate it owns, its management and the relative price of the security, with a focus on securities that the fund believes will be best positioned to generate sustainable income and potential price appreciation over the long-run. In addition to fundamental security research, the proportion of the Fund invested in common equity versus preferred, fixed income and cash investments is a key tactic the fund use to manage risk at a portfolio level. In general, in times of strong economic growth the fund tilts the portfolio towards more ownership of equity. In highly uncertain times, the fund tends to favor more allocation toward senior securities.

Nuveen Real Estate Income Common Shares Of Beneficial Interest trades on the NYSE stock market under the symbol JRS.

As of April 17, 2024, JRS stock price climbed to $7.19 with 81,789 million shares trading.

JRS has a beta of 1.49, meaning it tends to be more sensitive to market movements. JRS has a correlation of 0.51 to the broad based SPY ETF.

JRS has a market cap of $207.74 million. This is considered a Small Cap stock.

In the last 3 years, JRS stock traded as high as $12.90 and as low as $5.95.

JRS has underperformed the market in the last year with a price return of +7.2% while the SPY ETF gained +23.0%. JRS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.7% and -4.8%, respectively, while the SPY returned +5.7% and -3.5%, respectively.

JRS support price is $7.02 and resistance is $7.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JRS stock will trade within this expected range on the day.