QUOTE AND NEWS
The Hindu Business Line  May 2  Comment 
Business process outsourcing firm EXL Service Holdings reported a net profit of $9.8 million for the first quarter ended March 31, which is 10 per cent higher compared with $8.9 mi...
StreetInsider.com  May 1  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Excel+Trust+%28EXL%29+Tops+Q1+FFO+by+1c%3B+Guides+FY13/8296360.html for the full story.
StreetInsider.com  Apr 12  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Equity+Offerings/Excel+Trust+%28EXL%29+Files+%24700M+Mixed+Shelf/8249985.html for the full story.
Forbes  Mar 22  Comment 
Looking at the universe of stocks we cover at Dividend Channel, on 3/26/13, Excel Trust Inc. (NYSE: EXL) will trade ex-dividend, for its quarterly dividend of $0.17, payable on 4/15/13. As a percentage of EXL's recent stock price of $13.53, this...
The Economic Times  Mar 3  Comment 
BPO firm EXL Services has plans to hire around 6,000 people this year and most of these jobs will be for entry level segment.
The Economic Times  Mar 1  Comment 
For the entire 2012, the company reported increase in its net income by about 20 per cent at Rs 229.51 crore compared to 2011.
StreetInsider.com  Feb 27  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Dividends/Excel+Trust+%28EXL%29+Declares+%240.17+Quarterly+Dividend%3B+5.4%25+Yield/8140157.html for the full story.
StreetInsider.com  Feb 27  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Excel+Trust+%28EXL%29+Reports+In-Line+Q4+AFFO+of+20c/8140155.html for the full story.
Benzinga  Feb 5  Comment 
Excel Trust, Inc. (NYSE: EXL) acquired Tracy Pavilion, a 374,766 square foot shopping center, for approximately $32 million on January 24, 2013. The company owns 162,353 square feet as Home Depot and WinCo are both tenant owned. Major tenants...
Forbes  Dec 26  Comment 
On 12/27/12, Excel Trust Inc.'s 8.125% Series B Cumulative Redeemable Preferred Stock (NYSE: EXL.PRB) will trade ex-dividend, for its quarterly dividend of $0.5078, payable on 1/15/13. As a percentage of EXL.PRB's recent share price of $26.30,...




 
TOP CONTRIBUTORS

Excel Trust (EXL) (NYSE:EXL) is a newly formed REIT, real estate investment trust, that is looking to invest in value-oriented retail properties. The properties are to be located in developed communities that have strong population and income growth. The company is in agreements to acquire 11 properties for $163.8 million. It is also negotiating 13 deals worth $550 million. [1]

The market for real estate is at a cyclically low point. The real estate capital markets have high cost of capital, and the economy is still recovering. Since the company is investing in retailers that sell consumer staples, these value-oriented retailers have performed on average better than the typical retailer. In addition, with the lack of liquidity in the capital markets, some landlords may need to sell off their distressed assets at attractive prices. Therefore, Excel Trust looks to find attractive distressed assets. [1]

The company's initial public offering of stock filed on the NYSE exchange and went public on 22 April 2010. The stock was offered at $14.00, below the range $16.00-$18.00. The company will raise $210 million by offering 15 million shares. [1]

For FY2009 with year ended 31 December 2009, the company reported $5.0 million in total revenue, up 31.6% from $3.8 million in total revenue for FY2008. Furthermore, in FY2009 the company had a net income of $243,000, an increase from a net loss of $382,000 in FY2008. [1]

References

  1. 1.0 1.1 1.2 1.3 Excel Trust S-1/A
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