BYRE 📈 Principal Exchange-Traded - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US74255Y7224 • Real Estate
BYRE: Real Estate, Equity Securities, U.S. Companies
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies principally engaged in the real estate industry at the time of purchase. It invests primarily in equity securities of U.S. companies, including those of small companies. The fund is non-diversified.
Additional Sources for BYRE ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
BYRE ETF Overview
| Market Cap in USD | 13m |
| Category | Real Estate |
| TER | 0.65% |
| IPO / Inception | 2022-05-18 |
BYRE ETF Ratings
| Growth 5y | 22.6% |
| Fundamental | - |
| Dividend | 47.9% |
| Rel. Strength Industry | -21.1 |
| Analysts | - |
| Fair Price Momentum | 21.57 USD |
| Fair Price DCF | - |
BYRE Dividends
| Dividend Yield 12m | 2.31% |
| Yield on Cost 5y | 2.40% |
| Annual Growth 5y | 23.60% |
| Payout Consistency | 100.0% |
BYRE Growth Ratios
| Growth Correlation 3m | -59.9% |
| Growth Correlation 12m | 74.5% |
| Growth Correlation 5y | 50.4% |
| CAGR 5y | 1.72% |
| CAGR/Mean DD 5y | 0.14 |
| Sharpe Ratio 12m | 0.01 |
| Alpha | -15.34 |
| Beta | 0.67 |
| Volatility | 18.28% |
| Current Volume | 0.4k |
| Average Volume 20d | 1.7k |
What is the price of BYRE stocks?
As of December 22, 2024, the stock is trading at USD 24.44 with a total of 402 shares traded.
Over the past week, the price has changed by -4.18%, over one month by -5.62%, over three months by -8.72% and over the past year by +5.10%.
As of December 22, 2024, the stock is trading at USD 24.44 with a total of 402 shares traded.
Over the past week, the price has changed by -4.18%, over one month by -5.62%, over three months by -8.72% and over the past year by +5.10%.
Is Principal Exchange-Traded a good stock to buy?
Neither. Based on ValueRay Analyses, Principal Exchange-Traded is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 22.63 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BYRE as of December 2024 is 21.57. This means that BYRE is currently overvalued and has a potential downside of -11.74%.
Neither. Based on ValueRay Analyses, Principal Exchange-Traded is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 22.63 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BYRE as of December 2024 is 21.57. This means that BYRE is currently overvalued and has a potential downside of -11.74%.
Is BYRE a buy, sell or hold?
Principal Exchange-Traded has no consensus analysts rating.
Principal Exchange-Traded has no consensus analysts rating.
What are the forecast for BYRE stock price target?
According to ValueRays Forecast Model, BYRE Principal Exchange-Traded will be worth about 23.7 in December 2025. The stock is currently trading at 24.44. This means that the stock has a potential downside of -2.86%.
According to ValueRays Forecast Model, BYRE Principal Exchange-Traded will be worth about 23.7 in December 2025. The stock is currently trading at 24.44. This means that the stock has a potential downside of -2.86%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 23.7 | -2.9% |