HMG/Courtland Properties, Inc.

HMG/Courtland Properties, Inc.

HMG
HMG/Courtland Properties, Inc.US flagNew York Stock Exchange Arca
22.80
USD
-0.90
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

APIChatGPT
CEO
Maurice Wiener
Full Time Employees
1
Sector
Real Estate
Industry
REIT - Retail
Address
1870 S Bayshore Dr Coconut Grove FL United States of America 33133
IPO Date
Mar 17, 1980
Business
HMG/Courtland Properties, Inc. operates as a publicly traded real estate investment trust (REIT) focused on the ownership and management of income-producing commercial properties primarily in the United States. The company’s portfolio includes office, retail, and other commercial real estate assets, with significant property holdings in Texas, Florida, and the Northeastern U.S. HMG/Courtland utilizes both direct ownership and joint ventures to manage its real estate investments. Founded in 1972 and headquartered in Coconut Grove, Florida, the company engages in acquiring, operating, and leasing commercial property assets to institutional and individual investors seeking income and capital appreciation. Recently, HMG/Courtland Properties initiated the liquidation of its assets, evidenced by a liquidating distribution to shareholders announced in January 2025. This strategic move signals a substantial operational shift toward winding down its holdings and returning capital to shareholders, reflecting a major change in company strategy within the last two years. While no recent acquisitions or expansions have been reported, the company’s focus has pivoted to asset monetization through liquidation rather than new investments, marking a critical and final phase in its corporate lifecycle. The business operates primarily within the real estate industry, targeting investors interested in commercial property income streams. Its income-producing properties are managed to maximize returns, with operations concentrated geographically in the Southern and Eastern U.S., notably in key metropolitan markets such as Miami and other parts of Florida, Texas, and Northeastern states. The company’s long-standing presence since 1972 indicates a stable heritage in REIT operations within the U.S. real estate market. HMG/Courtland Properties maintains its publicly traded status under ticker symbol HMG on the NYSE American exchange, albeit amid the liquidation process. The company continues to manage its portfolio until full disposition of assets is completed, adhering to the liquidation plan approved by its shareholders. This transitional business phase and liquidation status represent its latest and most significant corporate development. Overall, HMG/Courtland Properties, Inc. specializes in owning and managing income-producing commercial real estate across select U.S. markets, with a current strategic focus on liquidating its property portfolio and distributing value to shareholders, marking a significant operational shift in the company’s trajectory.

Company News

APIChatGPT
  • HMG/Courtland Properties (NYSEAMERICAN:HMG) Stock Price Passes Below 200-Day Moving Average – What’s Next?

  • HMG/Courtland Properties (NYSEAMERICAN:HMG) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

  • HMG/Courtland Properties (NYSEAMERICAN:HMG) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

  • HMG/Courtland Properties (NYSEAMERICAN:HMG) Stock Passes Below 200 Day Moving Average – Should You Sell?

  • Here's Why My REITs Beat Your REITs

  • Millennials: Tackling the youth market with comedy and memes

  • FY 2019-20: A New Record Year for Focus Home Interactive and First Studio Acquisition

  • Evidence of Russia's 'likely hold' over Trump was covered up by the UK government, according to a former British spy

  • Putin has created 'rogue state' that is a 'greater threat to UK than terrorism'

  • Johnson and May ignored claims Russia had 'likely hold' over Trump, ex-spy alleges

  • Scientists warn opening all schools will have a 'large effect on the coronavirus epidemic'

  • 10 Cash-Rich Stocks to Buy for Peace of Mind

  • Korean Automobile Sector Poised To Benefit From Green Vehicle Sales Growth

  • Hyundai Mobis: Modules And Parts Turn To Loss In Q1

  • Devon and Cornwall's tourism leaders urge visitors to #ComeBackLater