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RQI

Cohen & Steers Quality Income Realty FundNYSE:RQI Stock Report

Last Price

US$16.65

Market Cap

US$2.2b

7D

-2.9%

1Y

35.7%

Updated

19 Jan, 2022

Data

Company Financials
RQI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends5/6

RQI Stock Overview

Cohen & Steers Quality Income Realty Fund, Inc.

Price History & Performance

Summary of all time highs, changes and price drops for Cohen & Steers Quality Income Realty Fund
Historical stock prices
Current Share PriceUS$16.65
52 Week HighUS$18.45
52 Week LowUS$12.11
Beta1.2
1 Month Change-1.19%
3 Month Change2.09%
1 Year Change35.70%
3 Year Change46.31%
5 Year Change29.67%
Change since IPO10.93%

Recent News & Updates

Nov 16

Technical Update On RQI: 5.61% Yield

REITs have a variety of factors providing "tailwinds" into 2022. RQI is one of the top REIT CEFs. Price can be nearing a short-term top, but pullbacks can be seen as buying opportunities.

Oct 12

RQI: Recent Declines Leading To Some Value Opening Up

RQI has been declining along with the rest of the REIT space. Despite these declines, real estate is still putting up some good performance this year. With the declines, RQI's discount has been widening and is becoming quite attractive.

Oct 02

RQI: Let Best-In-Class REITs Power Your Income

RQI is a closed end fund that utilizes Real Estate Investment Trusts to produce current yield and capital appreciation. The fund offers an attractive current yield of 6.34% and experienced a pullback due to risks including rising interest rates. The fund currently trades at an attractive valuation presenting a long-term opportunity to shareholders.

Sep 24

RQI: My Preferred Real Estate CEF Now

Methodology. RQI facts and Portfolio. Historical behavior.

Jul 23

Where Fundamentals Meet Technicals: RQI (Revisited) - 6.0% Yield

Cohen & Steers is one of the top managers in the REIT space. RQI's holdings have strong concentrations in healthcare and infrastructure. Healthcare real estate is a reliable investment with an aging population.

Jun 17

RQI: A Generally Good Fund, But Its Financials Could Expose A Problem

RQI has a generally solid real estate portfolio that appears to be trying to take advantage of recent market trends. The fund is fairly well-diversified across the various real estate sectors. Inflation is becoming a real problem, and owning some real estate could be a good way to protect yourself against it. The fund failed to cover its distributions last year and basically financed them by bringing in new investor money. The current share price is reasonable, but I want to see improvements in its finances before investing.

Shareholder Returns

RQIUS Capital MarketsUS Market
7D-2.9%-5.5%-4.6%
1Y35.7%24.6%7.7%

Return vs Industry: RQI exceeded the US Capital Markets industry which returned 25.7% over the past year.

Return vs Market: RQI exceeded the US Market which returned 10.2% over the past year.

Price Volatility

Is RQI's price volatile compared to industry and market?
RQI volatility
RQI Average Weekly Movement3.0%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: RQI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: RQI's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002n/aAdam Derechinhttps://www.cohenandsteers.com/funds/details/quality-income-realty-fund

Cohen & Steers Quality Income Realty Fund, Inc. is a closed-ended equity mutual fund launched by Cohen & Steers, Inc. The fund is managed by Cohen & Steers Capital Management, Inc. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts. It primarily invests in growth stocks of companies across all market capitalizations.

Cohen & Steers Quality Income Realty Fund Fundamentals Summary

How do Cohen & Steers Quality Income Realty Fund's earnings and revenue compare to its market cap?
RQI fundamental statistics
Market CapUS$2.23b
Earnings (TTM)US$674.33m
Revenue (TTM)US$64.32m

3.3x

P/E Ratio

34.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RQI income statement (TTM)
RevenueUS$64.32m
Cost of RevenueUS$0
Gross ProfitUS$64.32m
Expenses-US$610.01m
EarningsUS$674.33m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)5.03
Gross Margin100.00%
Net Profit Margin1,048.47%
Debt/Equity Ratio31.4%

How did RQI perform over the long term?

See historical performance and comparison

Valuation

Is Cohen & Steers Quality Income Realty Fund undervalued compared to its fair value and its price relative to the market?

3.31x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RQI ($16.65) is trading above our estimate of fair value ($4.25)

Significantly Below Fair Value: RQI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RQI is good value based on its PE Ratio (3.3x) compared to the US Capital Markets industry average (15.5x).

PE vs Market: RQI is good value based on its PE Ratio (3.3x) compared to the US market (17x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RQI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RQI is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (42.2x).

Future Growth

How is Cohen & Steers Quality Income Realty Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.3%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cohen & Steers Quality Income Realty Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Cohen & Steers Quality Income Realty Fund performed over the past 5 years?

8.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RQI has a high level of non-cash earnings.

Growing Profit Margin: RQI became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: RQI's earnings have grown by 8.9% per year over the past 5 years.

Accelerating Growth: RQI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: RQI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (86.4%).


Return on Equity

High ROE: RQI's Return on Equity (31.5%) is considered high.

Financial Health

How is Cohen & Steers Quality Income Realty Fund's financial position?


Financial Position Analysis

Short Term Liabilities: RQI's short term assets ($26.4M) exceed its short term liabilities ($4.9M).

Long Term Liabilities: RQI's short term assets ($26.4M) do not cover its long term liabilities ($672.8M).


Debt to Equity History and Analysis

Debt Level: RQI's net debt to equity ratio (31.4%) is considered satisfactory.

Reducing Debt: RQI's debt to equity ratio has increased from 28.7% to 31.4% over the past 5 years.

Debt Coverage: RQI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: RQI's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet

Dividend

What is Cohen & Steers Quality Income Realty Fund current dividend yield, its reliability and sustainability?

5.77%

Current Dividend Yield


Upcoming Dividend Payment

TodayJan 20 2022Ex Dividend DateFeb 15 2022Dividend Pay DateFeb 28 202213 days from Ex DividendBuy in the next 26 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: RQI's dividend (5.77%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: RQI's dividend (5.77%) is in the top 25% of dividend payers in the US market (3.48%)


Stability and Growth of Payments

Stable Dividend: RQI's dividends per share have been stable in the past 10 years.

Growing Dividend: RQI's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.1%), RQI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?

21.0yrs

Average board tenure


CEO

Adam Derechin (56 yo)

no data

Tenure

Mr. Adam M. Derechin, CFA, serves as the Chief Operating Officer and Executive Vice President at Cohen & Steers Capital Management, Inc. Mr. Derechin serves as the President and Chief Executive Officer at...


Board Members

Experienced Board: RQI's board of directors are seasoned and experienced ( 21 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RQI insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Cohen & Steers Quality Income Realty Fund, Inc.'s employee growth, exchange listings and data sources


Key Information


Location

  • Cohen & Steers Quality Income Realty Fund, Inc.
  • 280 Park Avenue
  • 10th Floor
  • New York
  • New York
  • 10017-1216
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:41
End of Day Share Price2022/01/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.