- JMP Securities isn't giving Silver Bay (SBY) management any more time to get its single-family rental model clicking, pulling its Buy rating and downgrading to Hold.
- About one year after its IPO - and amid a major stock market rally - Silver Bay is off nearly 14%, and the most recent earnings report and conference call showed a company still unable to get a handle on the expenses of running a rental empire.
- Competitor American Residential Properties (ARPI) is off 14% since its May IPO, and American Homes 4 Rent (AMH) has eked out a near-4% gain since coming public in August.
From other sites
at MarketWatch.com (Jan 8, 2015)
at CNBC.com (Mar 6, 2014)
at MarketWatch.com (Mar 3, 2014)
at CNBC.com (Jan 9, 2013)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs