Latest News for: Affo trade

Edit

3 Medical REITs to Play a Return in Health Care

Barrons 26 Oct 2020
They trade at a premium to health-care REITs overall, partly because of low multiples in senior housing and nursing. But medical REITs are well off peak multiples before the pandemic; Healthcare Realty, for instance, trades at 22 times estimated 2021 adjusted funds from operations, or AFFO, a REIT measure of operating income.
Edit

Demand for Health Care Is Returning. 3 Medical REITs to Play the Trend.

Barrons 23 Oct 2020
They trade at a premium to health-care REITs overall, partly because of low multiples in senior housing and nursing. But medical REITs are well off peak multiples before the pandemic; Healthcare Realty, for instance, trades at 22 times estimated 2021 adjusted funds from operations, or AFFO, a REIT measure of operating income.
Edit

VEREIT® Announces Second Quarter 2020 Operating Results

The Oneida Daily Dispatch 06 Aug 2020
VEREIT is a publicly traded Maryland corporation listed on the New York Stock Exchange ... AFFO allows for a comparison of the performance of our operations with other publicly-traded REITs, as AFFO, or an equivalent measure, is routinely reported by publicly-traded REITs, and we believe often used by analysts and investors for comparison purposes.
Edit

Elliott Management Recommends Changes at Crown Castle

The Saratogian 06 Jul 2020
Today, Crown Castle trades at an average AFFO multiple discount of 15% to American Tower and SBA. By contrast, before the major investments in fiber, Crown Castle traded at an average discount of only 3% five years ago ... Crown Castle has deeply underperformed through the lens of adjusted funds from operations (AFFO).
Edit

Data-Center Stocks Could Be Winners as Internet Use Surges

Barrons 01 Apr 2020
Equinix should generate 7% growth in adjusted funds from operations, or AFFO, in 2020, one of the healthier growth rates in the industry, he writes ... Equinix stock has never been cheap due to its competitive advantages and it isn’t inexpensive now, trading at 26 times AFFO, above the industry average of 20 times ... Shares recently traded around $625.
Edit

Taubman Centers, Inc. (TCO) CEO Robert Taubman on Q2 2019 Results - Earnings Call Transcript

Seeking Alpha 26 Jul 2019
Adjusting for these two items, AFFO per share was $0.94, up $0.07 compared to last year. Our year-over-year AFFO variances include the following ... Finally lease on average are trading at a premium to NAV today and have an AFFO multiple about 21 times which is nearly double our current multiple which is at about 11 times.
Edit

Cominar REIT Is Heading On The Right Path, But There Is Still A Long Way ...

Seeking Alpha 24 Jul 2019
We expect Cominar to generate AFFO of C$0.90 per share in 2019. Therefore, it is trading at a price to 2019 AFFO ratio of 14.0x. This is slightly below H&R REIT's (OTCPK.HRUFF) P/AFFO ratio of 14.4x ... Therefore, H&R has a better growth profile than Cominar and deserve to trade at a higher valuation to Cominar.
Edit

American Finance Trust: A Contrarian Play Returned 18%, We're Now Moving To The 7.5% Preferred

Seeking Alpha 24 Jul 2019
At the beginning of Q1 2019, AFIN completed the phased listing of its common stock and the REIT has now approximately 106 million shares trading in the stock market ... Aside from that, the stock is trading at a premium P/AFFO multiple of 21, well above its historical average.
Edit

Weingarten Realty Investors' 6%-Yielding Dividend Is Attractive, Company Has An E-Commerce Resistant Portfolio

Seeking Alpha 23 Jul 2019
Weingarten Realty Investors (WRI) delivered a solid quarter with positive same property net operating income growth. The company has a portfolio of properties located in markets with favorable demographic trends ... Q1 2019 Financial Highlights ... Using the midpoint of its guidance, Weingarten is trading at a price to estimated 2019 AFFO ratio of 12.6x ... .
Edit

Uniti: Asymmetric Risk-Reward For The 'Aggressive Landlord'

Seeking Alpha 22 Jul 2019
Given how large UNIT’s term loan is, this is the primary driving force behind its steep AFFO decline this year ... Despite UNIT’s expected decline in AFFO/share this year to $2.26 (assuming the master lease is upheld), UNIT still trades at a mere 4x AFFO, which equates to a 25% free cash flow yield.
Edit

CBL Preferreds' Eye-Popping 20+% Yields Are Worth The Risk

Seeking Alpha 18 Jul 2019
As I am generally a risk-adverse value investor I tend to look for REITs trading at discounts to NAV or book value with FFO/AFFO coverage of their dividend and payouts in the 4-8% range ... Over the past 3 years the preferreds have gone from trading at a slight premium to trading at a very deep discount-55% and nearly 70% respectively.
Edit

Whitestone REIT: Dividend Sustainability Is Still An Issue

Seeking Alpha 15 Jul 2019
However, its AFFO declined to $0.28 per share in Q1 2019 from $0.31 per share in Q1 2018 ... Whitestone expects to generate AFFO of $1.06 ~ $1.10 per share in 2019. Using the midpoint of its guidance, Whitestone is trading at a price to estimated 2019 AFFO ratio of 11.8x ... For example, One Liberty Properties (OLP) trades at a P/AFFO ratio of 13.5x.
Edit

Landmark Infrastructure: Flexing Its 5G Potential To Cover The Dividend

Seeking Alpha 13 Jul 2019
Notably, the cell tower players like Crown Castle (CCI) and American Tower (AMT) are now trading at a 20% premium to fair value ... LMRK is trading at approximately 11x Price to forward AFFO vs ... AFFO per unit in Q1-19 was $0.32 compared to $0.33 in Q1-18 ... We have modeled the 2019 AFFO per share growth as follows..
Edit

Vereit: $10 Is Finally In Sight

Seeking Alpha 12 Jul 2019
The REIT's shares remain undervalued, in my opinion, and have a real shot of trading up to at least $10 ... In fact, there would be nothing wrong with VEREIT trading for ~15x AFFO, considering that its more established (but also more conservative) REIT peers demand AFFO multiples of 20x and higher.
Edit

One Liberty Properties: This Diversified REIT Is Trading At An Attractive Valuation

Seeking Alpha 12 Jul 2019
The company currently pays a 6.2%-yielding dividend and is trading at an attractive valuation ... We estimate One Liberty Properties to generate AFFO of $2.15 per share in 2019. Using our estimate, its price to 2019 AFFO ratio is about 13.5x. This is significantly below industrial REITs that trades above 20x.
×