Value stocks don’t get talked about much these days but if you dig around you can find them. While others remain highly focused on the hot growth stocks of this artificial intelligence/semiconductor era, it might be a good time to begin research of some of these stocks with low p/e’s and which pay dividends.
Here are 4 components of the Russell 2000 small caps index that may qualify:
Civitas Resources (NYSE: CIVI) is an oil and gas exploration and production company with headquarters in Denver and operations in Colorado’s DJ Basin and the Permian Basin of West Texas and New Mexico. It’s the first carbon neutral energy operator in Colorado, according to the Civitas website.
The stock trades at 1.01 times its book value with a price-earnings ratio of 8.19. This years earnings are up by 29% and up over the past 5 years by 2.01%. The company’s debt-to-equity ratio is .67. Market capitalization is $6.74 billion. Civitas pays a 2.91% dividend.
Here’s the daily price chart:
Hannon Armstrong Sustainable Infrastructure Capital (NYSE: HASI) is an Annapolis, Maryland real estate services company that calls itself “a leading climate positive investment firm.” Mizuho initiated coverage late last year with a “buy” rating and a price target of $30.
The stock’s price-earnings ratio is 14.70 and it trades at 1.55 times book value. Earnings for this year are up by 10%. Over the past 5 years, the EPS growth rate is 13.49%. The company has almost twice as much debt as shareholder equity. Hannon Armstrong pays a dividend of 5.29%.
The daily price chart is here:
Patterson Companies (NASDAQ: PDCO) is a medical distribution firm with corporate headquarters in Saint Paul, Minnesota. The company focuses on the dental and animal health markets and works extensively with veterinarians and livestock producers.
Market capitalization is $2.18 billion. Earnings this year are up by 2.32% and they’ve increased over the past 5 years by 17.28%. The company’s debt-to-equity ratio is 0.76 with a current ratio of 1.33. Average daily volume is 828,000 shares. Patterson offers investors a 4.27% dividend.
The daily price chart looks like this:
Safe Bulkers (NYSE: SB) is a Monaco-based marine shipping company with a market capitalization of $623 million. The company operates 45 vessels with a DWT (dead weight tonnage) of 4.8 million. In February of this year, Jeffries upgraded the stock from “hold” to “buy” with a price target of $6.
The stock is trading with a price-earnings ratio of 8.53 at an 18% discount to its book value. This year’s earnings are up by 48.72% and the EPS growth rate over the past 5 years is up by 30.64%. The company’s debt-to-equity ratio is .67. Safe Bulkers pays a 3.47% dividend.
Here’s the daily price chart:
Stats courtesy of FinViz.com. Charts courtesy of Stockcharts.com.
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