American Finance Trust, Inc.

Symbol: AFIN
CIK: 1568162
Exchange: NASDAQ
Founded: 2013 (6 years)
HQ: New York, NY, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Retail, Industrial, Office
Externally Managed REIT

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See AFIN on SEC.gov

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Overall Score: 5.7

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REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. Learn More


American Finance Trust, Inc. Company Logo

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Hightlights of Trading Day October 18, 2019


Open Price: $14.16
Closing Price: $14.24
Price Change: 0.03 (0.211%)
Lowest Price: $14.05
Highest Price: $14.32

52-Week Low: $9.36
52-Week High: $14.48
52-Week Change: 0.57%

5 Day Price Change: 2.60%
1 Month Price Change: 6.68%
3 Month Price Change: 23.57%
6 Month Price Change: 47.10%
YTD Price Change: 7.90%
1 Year Price Change: 0.35%
2 Year Price Change: -5.27%
5 Year Price Change: -5.27%

Dividend of Trading Day October 18, 2019


Dividend Yield: 0.646%*
Annualized Dividend: $0.092*
Dividend Yield (TTM): 6.712%
Annualized Dividend (TTM): $0.9559
Ex Dividend Date: N/A
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes.

Latest News Headlines


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Funds From Operations (FFO)


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Key Stats of Trading Day October 18, 2019


Total Cash: $109,631,000
Current Debt: $2,533,000
Revenue: $295,523,000
Gross Profit: $73,964,000
Total Revenue: $295,523,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $177,800,000
Revenue Per Share: $3
Revenue Per Employee: N/A
Employee: N/A
Debt to Equity Ratio (D/E): 0.95
Profit Margin: -0.13%
Enterprise Value (EV): $2,882,689,100
Enterprise Value to Revenue (EV/R): 9.75
Price to Sales (P/S): 4.98
Price to Book (P/B): 0.92
Peg Ratio: 0.25
P/E Ratio: -41.78
P/E High: -42.83
P/E Low: -26.74
Forward P/E Ratio: -106.54
Market Capitalization: $1,512,943,040
Beta: 0.40
Latest Volume: 436,920.00
Avg. Total Volume: 1,027,859
Avg. 10 Volume: 523,007.80
Avg. 30 Volume: 1,027,859.43
TTM EPS: -0.34
TTM Dividend Rate: 0.96
Shares Outstanding: 106,246,000
Float: 105,831,746.85
50-Day Moving Avg.: 13.05
200-Day Moving Avg.: 11.65

Latest REIT Community Comments on #AFIN


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Properties Owned by AFIN


Properties owned:
704
Types:
3
States:
39
Countries:
1
Sample of REIT’s Properties (Image Source - REIT’s website) | See more pictures
AFIN Sample Property
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Occupancy Rate


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Dividend History


Below are the most recent cash dividends paid by AFIN, and the Ex-Dividend Date of the dividend. The percent difference from one dividend payment to the next has also been calculated for your convenience.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date

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Financial Statements Overview

Balance Sheet (Quarterly)

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Amounts in USD ($)

Balance Sheet 2019-06-30 2019-03-31 2018-12-31 2018-09-30
Current Cash 109,517,000 126,417,000 109,631,000 80,325,000
Receivables 0 0 0 0
Inventory 0 0 0 0
Current Assets 0 0 0 0
Current Assets (Other) 0 0 0 0
Short Term Investments 0 0 0 0
Long-term Investments 0 0 0 222,000
Property, Plant & Equipment Net 19,053,000 0 0 0
Goodwill 0 1,605,000 1,605,000 1,605,000
Intangible Assets 0 0 0 0
Other Assets 37,733,000 109,122,000 83,217,000 107,481,000
Net Tangible Assets 1,588,668,000 1,595,187,000 1,599,795,000 1,633,708,000
Total Assets 3,313,927,000 3,368,493,000 3,262,547,000 3,264,140,000
Accounts Payable 0 0 0 0
Liabilities (Other) 121,617,000 143,761,000 131,999,000 150,252,000
Current Liabilities (Other) 717,000 108,000 80,000 9,837,000
Total Current Liabilities 0 0 0 0
Current Long-term Debt 1,882,000 1,895,000 2,533,000 615,000
Long-term Debt 1,588,578,000 1,615,008,000 1,518,280,000 1,472,222,000
Total Liabilities 1,712,077,000 1,760,664,000 1,652,812,000 1,623,089,000
Minority Interest 14,000 -3,000 -22,000 -46,000
Common Stock 1,063,000 1,062,000 1,063,000 1,063,000
Retained Earnings -866,226,000 -844,773,000 -812,047,000 -778,912,000
Treasury Stock 0 0 0 0
Capital Surplus 2,453,814,000 2,441,495,000 2,412,915,000 2,412,940,000
Shareholder Equity 1,588,668,000 1,596,792,000 1,601,400,000 1,635,313,000

Income Statement (Quarterly)

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Amounts in USD ($)

Income Statement 2019-06-30 2019-03-31 2018-12-31 2018-09-30
Total Revenue 79,906,000 72,409,000 76,392,000 75,847,000
Cost of Revenue 50,108,000 50,928,000 53,882,000 55,690,000
Gross Profit 29,798,000 21,481,000 22,510,000 20,157,000
Research and Development 0 0 0 0
Selling General and Admin 0 0 0 0
Operating Expense 60,917,000 60,910,000 63,124,000 69,367,000
Operating Income 17,097,000 10,645,000 12,083,000 5,294,000
Income Expense Net (Other) -8,557,000 -13,845,000 -25,629,000 -32,585,000
EBIT 17,097,000 10,645,000 12,083,000 5,294,000
Interest Income 21,980,000 18,440,000 17,586,000 16,964,000
Pretax Income 8,540,000 -3,200,000 -13,546,000 -27,291,000
Income Tax 0 0 0 0
Minority Interest 14,000 -3,000 -22,000 -46,000
Net Income 8,526,000 -3,197,000 -13,524,000 -27,245,000
Net Income Basic 7,884,000 -3,227,000 -13,524,000 -27,245,000

Cash Flow

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2019-06-30 2019-03-31 2018-12-31 2018-09-30
Net Income 8,526,000 -3,197,000 -13,524,000 -27,245,000
Depreciation 31,021,000 32,972,000 26,241,000 29,306,000
Changes in Receivables 0 0 0 0
Changes in Inventories 0 0 0 0
Cash Change -16,900,000 16,786,000 29,306,000 1,781,000
Cash Flow 31,192,000 20,395,000 21,276,000 19,933,000
Capital Expenditures -5,269,000 -547,000 -2,643,000 -4,897,000
Investments -49,586,000 -109,313,000 -22,251,000 -104,878,000
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -54,855,000 -109,860,000 -24,894,000 -109,775,000
Dividends Paid -29,416,000 -29,379,000 -29,244,000 -30,713,000
Net Borrowings 24,904,000 106,948,000 62,586,000 122,872,000
Cash Flow Financing 6,763,000 106,251,000 32,924,000 91,623,000
Financing Cash Flows (Other) 0 0 -124,000 -101,000
Exchange Rate Effect 0 0 0 0

About American Finance Trust, Inc.


American Finance Trust, Inc. ("AFIN") is designed to protect shareholder capital and provide attractive, stable cash distributions. AFIN currently seeks to achieve these objectives through the acquisition and management of a diversified portfolio of commercial properties which are net leased primarily to investment grade and other creditworthy tenants, as well as a portfolio of stabilized core retail properties, consisting primarily of power centers and lifestyle centers.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
1 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 4.4
8 Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. 8.8
Rating Leverage Section Avg. Rating
3 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 5.1
2 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 5.9
7 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 8.0
7 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 7.3
6 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.2
7 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 7.0
Rating Asset & Revenue Section Avg. Rating
7 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.9
6 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 7.2
Rating Properties Section Avg. Rating
9 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.1
5.7 Overall REITRating™ Score 6.6

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.