Short selling and the rounding of analysts’ forecasts
Sign Up to like & getrecommendations! Published in 2017 at "Finance Research Letters"
DOI: 10.1016/j.frl.2017.10.001
Abstract: Abstract This paper examines the causal effect of short selling on analyst forecast precision by exploiting a regulatory change in short-sale constraints (Regulation SHO) as a natural experiment. I find that short selling increases analysts’… read more here.
Keywords: selling rounding; finance; analysts forecasts; rounding analysts ... See more keywords
The relative performance of green REITs: Evidence from financial analysts’ forecasts and abnormal returns
Sign Up to like & getrecommendations! Published in 2021 at "Finance Research Letters"
DOI: 10.1016/j.frl.2021.102163
Abstract: Abstract The aim of this study is to analyze and compare the financial analysts’ forecasts accuracy and bias, and the abnormal earnings announcement returns of “green” and “non-green” U.S. real estate investment trusts (REITs) from… read more here.
Keywords: green reits; analysts forecasts; forecasts abnormal; financial analysts ... See more keywords
Analysts’ forecasts between last consensus and earning announcement date
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Financial Reporting and Accounting"
DOI: 10.1108/jfra-04-2020-0102
Abstract: Purpose Thomson financial database reports a monthly consensus measure of analysts’ forecasts in the third week of every month, and firms’ earnings announcement dates are usually different from the last consensus calculation date. Thus, there… read more here.
Keywords: consensus; analysts forecasts; last consensus; date ... See more keywords