Financial Data and Key Metrics Changes - Same-store revenue growth for Q4 2025 was nearly flat at -0.1%, indicating stabilization in trends [11] - Funds from Operations (FFO) per share for the quarter was reported at $0.64, with a 1.9% increase in quarterly dividend to an annualized $2.12 per share, representing a 5.3% dividend yield [12] - Same-store expenses grew by 2.9% during Q4, influenced by real estate taxes and property insurance, offset by increases in marketing and repairs [11][12] Business Line Data and Key Metrics Changes - The occupancy gap improved to 88.7% by the end of January 2026, narrowing from year-end 2025, with positive move-in rates continuing into early 2026 [8][9] - Over 75% of the top 25 markets experienced revenue growth acceleration from Q3 to Q4 2025, with core urban markets in the Northeast and Midwest outperforming [9] Market Data and Key Metrics Changes - Only 19% of same-store assets are projected to face new supply impacts in 2026, the lowest percentage since 2017, indicating a declining competitive supply environment [10][17] - The company noted that demand patterns have stabilized, with consistent move-in rates improving from -10% in Q4 2024 to +2.8% in Q4 2025 [7][9] Company Strategy and Development Direction - The company is focused on capital allocation strategies, including a new joint venture with CBRE IM for $250 million to invest in high-growth markets [13] - The management team emphasizes maintaining a high-quality portfolio and is prepared to address challenges while maximizing opportunities through 2026 [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about returning to growth in 2026, citing improved operating fundamentals and a more constructive environment for demand [5][9] - The company anticipates gradual improvement in financial results, with expectations for FFO per share in 2026 ranging from $2.52 to $2.60 [16][17] Other Important Information - The company executed share repurchases during Q4 2025, with an expanded authorization allowing for approximately $475 million in capacity based on current valuations [15] - The balance sheet remains strong, with leverage at 4.8x net debt to EBITDA, and plans to potentially access the bond market in 2026 [16] Q&A Session Summary Question: Supply impact on revenue - Management clarified that the 19% of stores impacted by supply in 2026 refers to those competing against new deliveries from 2024 to 2026, indicating a lessening headwind compared to previous years [21][23] Question: Lawsuit in New York - Management acknowledged awareness of the lawsuit regarding predatory practices and emphasized compliance and customer experience focus [25] Question: Operating expenses outlook - Management noted that real estate taxes and weather-related costs are significant drivers of expected expense growth in 2026 [30] Question: Move-in rates assumptions - Management indicated that while they do not guide specific components, they expect steady improvement in occupancy and revenue growth throughout 2026 [36] Question: New York market performance - Management expects New York to continue being a top-performing market in 2026, driven by recovery from supply headwinds and strong demand trends [44] Question: Share buybacks versus acquisitions - Management discussed the balance between share repurchases and potential acquisitions, emphasizing the need for compelling opportunities to drive shareholder value [48][78] Question: Dispositions and asset management - Management indicated a fluid discussion regarding asset dispositions, focusing on maintaining portfolio quality while exploring joint venture opportunities [70]

Marimekko Corporation, Stock Exchange Release, 27 February 2026 at 6.45 p.m. EET Marimekko Corporation: Repurchase of own shares on 27 February 2026 Marimekko Corporation (LEI: 74370053IOY42B9YJ350) has acquired its own shares (ISIN FI0009007660) as follows: Trade date27 February 2026Bourse tradeBuyShareMEKKOVolume8,600Average price/share, EUR11.2959Total price, EUR97,144.74 On 12 February 2026, Marimekko announced that it will start acquiring the company’s own shares based on the authorization granted by t ...

Dell Technologies Inc. (NYSE:DELL) shares rocketed in premarket trading on Friday after the company posted a fourth-quarter earnings report that beat Wall Street expectations on both revenue and profit.The Numbers Behind the PopDell reported fourth-quarter earnings of $3.89 per share, topping the consensus estimate of $3.53 by more than 10%. Revenue came in at $33.38 billion, clearing the Street’s $31.73 billion estimate and surging from $23.93 billion in the year-ago period.The company also announced a 20% ...

Evercore ISI sets a price target of $80 for JFrog Ltd (NASDAQ: FROG), indicating a significant potential upside.A $300 million share repurchase program reflects the company's confidence in its financial health and growth prospects.Recent financial performance showcases a 24% revenue increase and a 45% surge in cloud revenue, with adjusted earnings of 22 cents per share.JFrog Ltd (NASDAQ: FROG), a technology company based in Sunnyvale, California, is renowned for its software solutions that facilitate busine ...

PEMBROKE, Bermuda, Feb. 26, 2026 (GLOBE NEWSWIRE) -- AXIS Capital Holdings Limited ("AXIS Capital" or the “Company”) (NYSE: AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.44 per common share payable on April 15, 2026 to shareholders of record at the close of business on March 31, 2026. In addition, the Board declared a dividend of $34.375 per Series E 5.50% preferred share (equivalent to $0.34375 per depositary share) payable on April 15, 2026 to shareholders of rec ...

JFrog Ltd (NASDAQ:FROG) shares are up on Thursday following the announcement of a $300 million share repurchase program. This move reflects the company’s confidence in its strategy and growth potential, adding pressure as broader markets edged lower. • JFrog stock is showing exceptional strength. Why are FROG shares rallying?JFrog Announces $300M Share BuybackJFrog's board has authorized a share repurchase program of up to $300 million, signaling confidence in the company's financial position and long-term ...

Financial Data and Key Metrics Changes - For Q4 2025, the company recorded revenue of $117 million and net income attributable to common stockholders of $37.2 million [14] - AFFO was $48.5 million, or $0.22 per share for Q4 2025, and $0.99 per share for the full year, exceeding the revised guidance range of $0.95-$0.97 [14][18] - The outstanding debt balance was $2.6 billion at the end of 2025, a reduction of $2.1 billion from the end of 2024, with a Net Debt to Adjusted EBITDA ratio of 6.7x [15][16] Business Line Data and Key Metrics Changes - The company executed a $1.8 billion multi-tenant retail portfolio sale, which was a significant milestone in its disposition program, contributing to a total of approximately $3.4 billion in asset sales [5][6] - The sale of the McLaren Campus generated approximately $108 million of value above its original acquisition price, increasing the proportion of investment-grade tenants among the top 10 tenants to 80% [6][7] - The portfolio's occupancy stood at 97%, with a weighted average remaining lease term of 6.1 years, and 66% of tenants had an investment-grade or implied investment-grade rating [10] Market Data and Key Metrics Changes - The company noted a strong performance in leasing, executing leases on more than 3.7 million sq ft during 2025, achieving renewal spreads of approximately 12% above expiring rents [11] - The average annual contractual rental increase was 1.4%, excluding the impact of 19.6% of the portfolio with CPI-linked leases that historically experienced higher increases [11] Company Strategy and Development Direction - The company is evolving from a strategy focused on deleveraging and dispositions to one centered on the accretive recycling of capital, with a focus on selective asset sales and redeploying proceeds into single-tenant, industrial, and retail acquisitions [9][21] - The management emphasized the importance of maintaining a disciplined approach to capital allocation, balancing share repurchases with strategic acquisitions [8][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position for future growth, highlighting a clear path to earnings growth driven by disciplined capital recycling and continued deleveraging [20] - The company is currently evaluating multiple redeployment opportunities that can be funded within its existing capital framework [10][19] Other Important Information - The company repurchased 17.2 million shares for a total of $135.9 million at a weighted average price of $7.88, representing an implied AFFO yield of approximately 12% [8][18] - Initial guidance for 2026 is set at AFFO in the range of $0.80-$0.84 per share, with a focus on reducing office exposure [18][19] Q&A Session Summary Question: Perspective on the McLaren office sale - The sale was driven by a third-party inquiry rather than a highly marketed transaction, reflecting the asset's strong brand and quality [27] Question: Replicating pricing for additional office sales - Management believes the net lease office portfolio can achieve similar pricing to the McLaren sale and is actively marketing several office assets [28] Question: Capital allocation strategy - The buyback remains an important tool, and management will continue to evaluate opportunities for both share repurchase and acquisitions [30] Question: Strategy for office asset dispositions - The focus is on highlighting the implied value of the office portfolio while intentionally marketing properties to unlock value [39] Question: Transaction guidance breakdown - Management clarified that the guidance reflects a balance of continued deleveraging and earnings growth through opportunistic share repurchases and acquisitions [41] Question: Cap rates and acquisition targets - While specific cap rates were not disclosed, management emphasized a focus on accretion and maintaining strong relationships with developers and brokers for acquisition opportunities [44] Question: Office lease expirations and discussions - The majority of 2026 office lease expirations are concentrated in Europe, with ongoing positive discussions with tenants [82]

Global Net Lease (NYSE:GNL) Q4 2025 Earnings call February 26, 2026 11:00 AM ET Company ParticipantsChris Masterson - Chief Financial OfficerCraig Kucera - Managing Director, Equity ResearchJay Kornreich - Vice President, REIT Equity ResearchJohn Kim - Managing Director, Equity Research (REITs)Jordan Schonfeld - Vice President, Investor RelationsMichael Gorman - Managing Director, REITsMichael Weil - Chief Executive Officer and PresidentMitch Germain - Managing DirectorUpal Rana - Director, Equity ResearchN ...

Global Net Lease (NYSE:GNL) Q4 2025 Earnings call February 26, 2026 11:00 AM ET Speaker8Good afternoon, and welcome to the Global Net Lease's fourth quarter and full year 2025 earnings conference call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I would now ...

The Middleby (NasdaqGS:MIDD) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsBryan Mittelman - CFOMark Salman - PresidentSteve Spittle - Chief Commercial OfficerTim FitzGerald - CEOConference Call ParticipantsBrian McNamara - Managing Director and Senior AnalystJeff Hammond - Managing Director and Equity Research AnalystMircea Dobre - Senior Research Analyst and Associate Director of ResearchTami Zakaria - Executive Director and Equity Research AnalystOperatorGood day, and welcome to ...