First Real Estate Investment Trust of New Jersey is an equity real estate investment trust. It acquires, develops, constructs and holds real estate properties for long-term investment and not for resale. It operates its business through the Commercial Properties and Residential Properties segments. The Commercial Properties segment contains multi-tenanted retail or office centers, a single tenanted store, as well as owns land in Rockaway and Rochelle Park, NJ. The Residential Properties segment operates multi-family apartment communities. The company was founded on November 1, 1961 and is headquartered in Hackensack, NJ.
Company profile
Ticker
FREVS
Exchange
Website
CEO
Robert S. Hekemian
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Damascus Centre, LLC • Westwood Hills, LLC • Wayne PSC, LLC • Grande Rotunda, LLC • WestFREIT, Corp. • FREIT Regency, LLC • Station Place on Monmouth, LLC • Berdan Court, LLC ...
IRS number
221697095
FREVS stock data
Latest filings (excl ownership)
8-K
Other Events
4 Apr 24
8-K
FREIT Announces First Quarter 2024 Results
15 Mar 24
10-Q
2024 Q1
Quarterly report
15 Mar 24
8-K
FREIT Announces Fourth Quarter Fiscal 2023 Results
29 Jan 24
10-K
2023 FY
Annual report
29 Jan 24
8-K
Other Events
26 Jan 24
8-K
Other Events
10 Oct 23
8-K
Other Events
26 Sep 23
8-K
FREIT Announces Third Quarter Fiscal 2023 Results
14 Sep 23
10-Q
2023 Q3
Quarterly report
14 Sep 23
Latest ownership filings
Financial summary
Quarter (USD) | Jul 23 | Apr 23 | Jan 23 | Oct 22 | |
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Diluted EPS |
Annual (USD) | Oct 22 | Oct 21 | Oct 20 | Oct 19 | |
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Revenue | |||||
Cost of revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 38.13 mm | 38.13 mm | 38.13 mm | 38.13 mm | 38.13 mm | 38.13 mm |
Cash burn (monthly) | (no burn) | 5.79 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 51.51 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | -13.37 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | -2.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Mar 24 | John A Aiello | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 1,230 | 0.00 | 26,520 |
22 Mar 24 | Artinian Ronald J | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 1,230 | 0.00 | 488,333 |
22 Mar 24 | Richard Aslanian | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 1,230 | 0.00 | 49,200 |
22 Mar 24 | Hekemian David | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 1,230 | 0.00 | 214,859 |
22 Mar 24 | Robert S Hekemian Jr | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 1,230 | 0.00 | 218,196 |