| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
RQI Stock Overview
Cohen & Steers Quality Income Realty Fund, Inc.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$16.65 |
| 52 Week High | US$18.45 |
| 52 Week Low | US$12.11 |
| Beta | 1.2 |
| 1 Month Change | -1.19% |
| 3 Month Change | 2.09% |
| 1 Year Change | 35.70% |
| 3 Year Change | 46.31% |
| 5 Year Change | 29.67% |
| Change since IPO | 10.93% |
Recent News & Updates
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.
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.
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.
RQI: My Preferred Real Estate CEF Now
Methodology. RQI facts and Portfolio. Historical behavior.
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.
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
| RQI | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -2.9% | -5.5% | -4.6% |
| 1Y | 35.7% | 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
| RQI volatility | |
|---|---|
| RQI Average Weekly Movement | 3.0% |
| Capital Markets Industry Average Movement | 0.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | n/a | Adam Derechin | https://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
| RQI fundamental statistics | |
|---|---|
| Market Cap | US$2.23b |
| Earnings (TTM) | US$674.33m |
| Revenue (TTM) | US$64.32m |
3.3x
P/E Ratio34.7x
P/S RatioIs RQI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RQI income statement (TTM) | |
|---|---|
| Revenue | US$64.32m |
| Cost of Revenue | US$0 |
| Gross Profit | US$64.32m |
| Expenses | -US$610.01m |
| Earnings | US$674.33m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.03 |
| Gross Margin | 100.00% |
| Net Profit Margin | 1,048.47% |
| Debt/Equity Ratio | 31.4% |
How did RQI perform over the long term?
See historical performance and comparisonDividends
5.8%
Current Dividend Yield19%
Payout RatioDoes RQI pay a reliable dividends?
See RQI dividend history and benchmarks| Cohen & Steers Quality Income Realty Fund dividend dates | |
|---|---|
| Ex Dividend Date | Feb 15 2022 |
| Dividend Pay Date | Feb 28 2022 |
| Days until Ex dividend | 26 days |
| Days until Dividend pay date | 39 days |
Does RQI pay a reliable dividends?
See RQI dividend history and benchmarksValuation
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
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
- Name: Cohen & Steers Quality Income Realty Fund, Inc.
- Ticker: RQI
- Exchange: NYSE
- Founded: 2002
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$2.234b
- Shares outstanding: 134.18m
- Website: https://www.cohenandsteers.com/funds/details/quality-income-realty-fund
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 23:41 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.