Kev B - 2019-04-23 13:30:22 PDT
REIT are releasing their quarterly earnings reports. Which earnings and revenues hits and misses are you most surprised about?
REIT are releasing their quarterly earnings reports. Which earnings and revenues hits and misses are you most surprised about?
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Davestew - 2019-07-07 20:51:40 PDT
Have you guys noticed if REITs are sticking to their end-of-year guidance or if they are adjusting it down? That would be the best indicator of how the next quarters will be.
Have you guys noticed if REITs are sticking to their end-of-year guidance or if they are adjusting it down? That would be the best indicator of how the next quarters will be.
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Gekko5 - 2019-05-11 14:29:47 PDT
Office Properties Income Trust (#OPI) declared FFO $1.50, Normalized FFO $1.53, a drop from last years Q1 $2.18 FFO & NFFO pre-merger of GOV and SIR REITs. Pre-merger the stocks were trading at a combined $60 region, now OPI is at ~$26.
Office Properties Income Trust (#OPI) declared FFO $1.50, Normalized FFO $1.53, a drop from last years Q1 $2.18 FFO & NFFO pre-merger of GOV and SIR REITs. Pre-merger the stocks were trading at a combined $60 region, now OPI is at ~$26.
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Jon7421 - 2019-09-07 14:36:34 PDT
#OPI has a 7%+ dividend yield, seems attractive but I don’t trust it with my hard-earned money.
#OPI has a 7%+ dividend yield, seems attractive but I don’t trust it with my hard-earned money.
777i - 2019-07-06 11:01:02 PDT
I sold my shares of #OPI Office Properties Income Trust yesterday. I sold these share at a loss compared to what I had paid for #GOV Government Properties Income Trust, Inc and #SIR Select Income REIT, Inc. individually before they merged to become OPI. Even though I don’t expect the stock price of OPI to drop any further in the short term (I actually expect the share price to increase some) I decided to sell now because I just don’t trust the decisions of this REIT’s management. I don’t have confidence that something like this won’t happen again in a couple of years, or that shareholder value will be slowly deteriorated. So I would rather take my loss, and invest the money from this sale in a solid REIT which is more likely to grow in market value and dividends payments in the long term.
I sold my shares of #OPI Office Properties Income Trust yesterday. I sold these share at a loss compared to what I had paid for #GOV Government Properties Income Trust, Inc and #SIR Select Income REIT, Inc. individually before they merged to become OPI. Even though I don’t expect the stock price of OPI to drop any further in the short term (I actually expect the share price to increase some) I decided to sell now because I just don’t trust the decisions of this REIT’s management. I don’t have confidence that something like this won’t happen again in a couple of years, or that shareholder value will be slowly deteriorated. So I would rather take my loss, and invest the money from this sale in a solid REIT which is more likely to grow in market value and dividends payments in the long term.
Omick99 - 2019-05-02 07:50:07 PDT
I knew STOR would do well, but these Q1 results just blew me away. AFFO increased 25.5% to $107.8 million, or $0.48 per basic and diluted share, for the first quarter of 2019, compared to AFFO of $85.9 million, or $0.44 per basic and diluted share, for the first quarter of 2018.
I knew STOR would do well, but these Q1 results just blew me away. AFFO increased 25.5% to $107.8 million, or $0.48 per basic and diluted share, for the first quarter of 2019, compared to AFFO of $85.9 million, or $0.44 per basic and diluted share, for the first quarter of 2018.
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Kev B - 2019-05-01 16:05:04 PDT
#INN’s Pro forma revenue per available room ("RevPAR") increased 2.9% compared 2018. Pro forma average daily rate ("ADR") increased 2.3% compared to the same period in 2018 and pro forma occupancy increased 0.6 percent to 76.5 percent.
#INN’s Pro forma revenue per available room ("RevPAR") increased 2.9% compared 2018. Pro forma average daily rate ("ADR") increased 2.3% compared to the same period in 2018 and pro forma occupancy increased 0.6 percent to 76.5 percent.
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HereForFriends - 2019-05-11 22:34:01 PDT
Is SRC better off post its spin-off of Spirit MTA REIT?
Is SRC better off post its spin-off of Spirit MTA REIT?
JohnforkO - 2019-05-03 12:29:25 PDT
Hi Omick99, but why did #SRC Spirit Realt's AFFO drop to $0.86 vs $1.07 per share, compared to same quarter 2018?
Hi Omick99, but why did #SRC Spirit Realt's AFFO drop to $0.86 vs $1.07 per share, compared to same quarter 2018?
Omick99 - 2019-05-02 08:12:16 PDT
Spirit, which I own shares of, had a productive quarter! They “invested $178.6 million, including $160.3 million for the acquisition of 22 properties, with an initial weighted average cash yield of 7.16% and an economic yield of 7.93%†we should see positive results of this in next year statements!
Spirit, which I own shares of, had a productive quarter! They “invested $178.6 million, including $160.3 million for the acquisition of 22 properties, with an initial weighted average cash yield of 7.16% and an economic yield of 7.93%†we should see positive results of this in next year statements!
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AI_AI - 2019-06-05 21:09:49 PDT
I last bought #O at around $50-something so the current price is more than I want to pay, and who can blame me? BUT, and this is a big but, #O is still trading at lower multiples than other large-cap retail REITs, and still has room to go higher in this current market, and in the long run.
I last bought #O at around $50-something so the current price is more than I want to pay, and who can blame me? BUT, and this is a big but, #O is still trading at lower multiples than other large-cap retail REITs, and still has room to go higher in this current market, and in the long run.
Omick99 - 2019-05-01 13:43:00 PDT
#EPR is on fire! I love this REIT! FFO for the first quarter of 2019 was $93.1 million, or $1.23 per diluted common share, compared to $61.0 million, or $0.82 per diluted common share, for the same quarter in 2018.
FFO as adjusted (FFOAA) for the first quarter of 2019 was $102.6 million, or $1.36 per diluted common share, compared to $94.0 million, or $1.26 per diluted common share, for the same quarter in 2018, representing an 8% increase in per share results!
#EPR is on fire! I love this REIT! FFO for the first quarter of 2019 was $93.1 million, or $1.23 per diluted common share, compared to $61.0 million, or $0.82 per diluted common share, for the same quarter in 2018.
FFO as adjusted (FFOAA) for the first quarter of 2019 was $102.6 million, or $1.36 per diluted common share, compared to $94.0 million, or $1.26 per diluted common share, for the same quarter in 2018, representing an 8% increase in per share results!
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Kev B - 2019-04-25 11:54:33 PDT
#IRM announced Q1 2019 a couple of notable callous “$1.05 billion, compared with $1.04 billion in the first quarter of 2018. Excluding the impact of foreign exchange (FX), reported total Revenues grew 4.5% compared to the prior year, primarily reflecting the contribution from recent Data Center and Adjacent Business acquisitions not included in the full 2018 period, as well as growth in the Other International Business segment.†...“FFO (Normalized) per share was $0.48 for the first quarter, compared with $0.53 in the first quarter of 2018.
AFFO was $193.4 million for the first quarter compared with $221.5 million in the first quarter of 2018, a decrease of 12.7%.†Apparently due to.. “primarily due to increased operating and interest expense, as well as an increase in the provision for income taxes. In addition, Income from Continuing Operations included $2.7 million of Significant Acquisition Costs in the first quarter of 2019, compared with $19.0 million in the first quarter of 2018.†See full report:
http:investors.ironmountain.com/company/for-investors/investor-news/investor-news-details/2019/Iron-Mountain-Reports-First-Quarter-2019-Results/default.aspx
#IRM announced Q1 2019 a couple of notable callous “$1.05 billion, compared with $1.04 billion in the first quarter of 2018. Excluding the impact of foreign exchange (FX), reported total Revenues grew 4.5% compared to the prior year, primarily reflecting the contribution from recent Data Center and Adjacent Business acquisitions not included in the full 2018 period, as well as growth in the Other International Business segment.†...“FFO (Normalized) per share was $0.48 for the first quarter, compared with $0.53 in the first quarter of 2018.
AFFO was $193.4 million for the first quarter compared with $221.5 million in the first quarter of 2018, a decrease of 12.7%.†Apparently due to.. “primarily due to increased operating and interest expense, as well as an increase in the provision for income taxes. In addition, Income from Continuing Operations included $2.7 million of Significant Acquisition Costs in the first quarter of 2019, compared with $19.0 million in the first quarter of 2018.†See full report:
http:investors.ironmountain.com/company/for-investors/investor-news/investor-news-details/2019/Iron-Mountain-Reports-First-Quarter-2019-Results/default.aspx
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Kev B - 2019-05-03 13:53:44 PDT
Federal Realty’s Q1 is out: ir.federalrealty.com/news-releases/news-release-details/federal-realty-investment-trust-announces-first-quarter-2019-0
Federal Realty’s Q1 is out: ir.federalrealty.com/news-releases/news-release-details/federal-realty-investment-trust-announces-first-quarter-2019-0
Kyuie - 2019-05-02 10:15:47 PDT
Yes, some are concerned about Iron’s long term prospects and are selling.
Yes, some are concerned about Iron’s long term prospects and are selling.
Rocco64 - 2019-04-27 09:27:29 PDT
After IRM’s Q1 release the stock went down from $36 to current $32. I bought it at 36 last years so not happy about the drop. But I see this as opportunity to buy more as the drop is unwarranted. I think Iron mountain will rebound and go higher.
After IRM’s Q1 release the stock went down from $36 to current $32. I bought it at 36 last years so not happy about the drop. But I see this as opportunity to buy more as the drop is unwarranted. I think Iron mountain will rebound and go higher.
LLNN - 2019-04-25 19:29:32 PDT
the lower FFO & AFFO will probably impact their uation numbers, but it seems it was for a good cause of the expansion/acquisition the company made in 2018.
the lower FFO & AFFO will probably impact their uation numbers, but it seems it was for a good cause of the expansion/acquisition the company made in 2018.
LLNN - 2019-04-24 12:42:44 PDT
So on Tuesday based on some positive companies earning reports the NASDAQ and S&P 500 had record closing highs, while the Dow was within 1% of an all-time record close, yet today with some lower than expected earnings the market is down.
So on Tuesday based on some positive companies earning reports the NASDAQ and S&P 500 had record closing highs, while the Dow was within 1% of an all-time record close, yet today with some lower than expected earnings the market is down.
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