Funds From Operations (FFO)

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Report on Financial Results for the Year Ended December 31, 2024
Globenewswire· 2025-04-28 21:00
TORONTO, April 28, 2025 (GLOBE NEWSWIRE) -- Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the year ended December 31, 2024 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND STRATEGY Business Overview Urbanfund Corp. is an incorporated entity listed on the TSX Venture Exchange (“TSX-V”) un ...
UNIVERSAL HEALTH REALTY INCOME TRUST REPORTS 2025 FIRST QUARTER FINANCIAL RESULTS
Prnewswire· 2025-04-28 20:20
Consolidated Results of Operations - Three-Month Periods Ended March 31, 2025 and 2024:KING OF PRUSSIA, Pa., April 28, 2025 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE:UHT) announced today that for the three-month period ended March 31, 2025, net income was $4.8 million, or $.34 per diluted share, as compared to $5.3 million, or $.38 per diluted share, during the first quarter of 2024.The decrease in our net income of $523,000, or $.04 per diluted share, during the first quarter of 2025, as c ...
Welltower Reports First Quarter 2025 Results
Prnewswire· 2025-04-28 20:05
TOLEDO, Ohio, April 28, 2025 /PRNewswire/ -- Welltower Inc. (NYSE:WELL) today announced results for the quarter ended March 31, 2025.First Quarter and Other Recent Highlights Reported net income attributable to common stockholders of $0.40 per diluted share Reported quarterly normalized funds from operations attributable to common stockholders of $1.20 per diluted share, an increase of 18.8% over the prior year Reported total portfolio year-over-year same store NOI ("SSNOI") growth of 12.9%, driven by SSNOI ...
Iron Mountain to Post Q1 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-04-28 16:20
Iron Mountain Incorporated (IRM) is slated to release first-quarter 2025 results on May 1, before the opening bell. The quarterly results are likely to display year-over-year growth in revenues and adjusted funds from operations (AFFO) per share.In the last reported quarter, this real estate investment trust (REIT) delivered a surprise of 3.33% in terms of AFFO per share. Results reflected solid performances in the storage and service segments and the data center business. However, higher interest expenses ...
What's in the Cards for Kimco Realty Stock in Q1 Earnings?
ZACKS· 2025-04-28 16:15
Kimco Realty Corporation (KIM) is slated to report first-quarter 2025 results on May 1, before the opening bell. The company’s quarterly results are likely to display year-over-year growth in revenues and funds from operations (FFO) per share.In the last reported quarter, this Jericho, NY-based retail real estate investment trust (REIT) met the Zacks Consensus Estimate for FFO of 42 cents per share. Results reflected better-than-expected growth in revenues, though a rise in interest expenses acted as a damp ...
Invitation Homes to Report Q1 Earnings: What's in Store for the Stock?
ZACKS· 2025-04-28 15:15
Invitation Homes (INVH) is slated to report first-quarter 2025 results on April 30, after market close. The company’s quarterly results are likely to display a year-over-year increase in revenues and no change in funds from operations (FFO) per share.In the last reported quarter, this residential real estate investment trust (REIT) posted a core FFO per share of 47 cents, meeting the Zacks Consensus Estimate. Results reflected higher same-store net operating income (NOI) and same-store blended rent. However ...
Physicians Realty Trust(DOC) - 2025 Q1 - Earnings Call Presentation
2025-04-25 17:42
Calko Medical Building Brooklyn, NY Earnings Release and Supplemental Report First Quarter 2025 ___________________________________________________________________ To learn more about Healthpeak's commitment to responsible business and view our most recent Corporate Impact Report, please visit www.healthpeak.com/corporate-impact. Return to TOC 3 – Net income of $0.06 per share, Nareit FFO of $0.45 per share, FFO as Adjusted of $0.46 per share, AFFO of $0.43 per share, and Total Same-Store Portfolio Cash (Ad ...
Alpine me Property Trust(PINE) - 2025 Q1 - Earnings Call Presentation
2025-04-25 13:36
First Quarter 2025 Investor Presentation Company Snapshot 134 Properties $610M Enterprise Value $150 TEV / SF 4.1M Total Portfolio Square Feet 8.2% Implied Cap Rate 96% Retail Net Lease Portfolio 50% of ABR From Investment Grade-Rated Tenants 6.8% Annualized Dividend Yield $262M Equity Market Capitalization Portfolio1 Value + Income 9.0 Years W.A. Lease Term2 As of March 31, 2025, unless otherwise noted. PINE stock price on March 31, 2025 was $16.72. © Alpine Income Property Trust, Inc. | alpinereit.com 2 1 ...
Healthpeak's Q1 FFO Meets Estimates, Same-Store NOI Rises
ZACKS· 2025-04-25 11:50
Core Viewpoint - Healthpeak Properties, Inc. reported first-quarter 2025 funds from operations (FFO) as adjusted per share of 46 cents, meeting expectations and showing a slight increase from 45 cents in the prior year, driven by better-than-anticipated revenues despite higher interest expenses [1][2]. Financial Performance - The company generated revenues of $702.9 million, exceeding the Zacks Consensus Estimate of $691.9 million, representing a year-over-year increase of 15.9% [2]. - Healthpeak reported a 7% year-over-year growth in total merger-combined same-store cash (adjusted) net operating income (NOI) [3]. - The outpatient medical and lab segments experienced year-over-year growth of 5% and 7.7%, respectively, while the Continuing Care Retirement Communities (CCRC) segment reported a growth of 15.9% [3]. Lease Activity - In the reported quarter, Healthpeak executed lab new and renewal leases totaling 276,000 square feet, achieving a retention rate of 88% and +5% cash-releasing spreads on renewals [4]. - For the outpatient medical portfolio, new and renewal leases totaled 973,000 square feet, with a retention rate of 86% and +4% cash-releasing spreads on renewals [4]. Balance Sheet - As of March 31, 2025, Healthpeak had cash and cash equivalents of $70.6 million, down from $119.8 million at the end of 2024, with a net debt to adjusted EBITDAre ratio of 5.2X [5]. - The company repurchased 5.1 million shares at a weighted average price of $18.50, totaling $94 million, from the beginning of the year through April 24 [5]. 2025 Outlook - Healthpeak reaffirmed its guidance for 2025, expecting FFO as adjusted per share to be between $1.81 and $1.87, with the Zacks Consensus Estimate at $1.85 [6]. - The company anticipates total merger-combined same-store cash (adjusted) NOI growth in the range of 3-4% for the year [6].
Is a Beat in Store for Camden Property Stock in Q1 Earnings?
ZACKS· 2025-04-25 11:40
Core Viewpoint - Camden Property Trust (CPT) is expected to report a year-over-year increase in revenues and funds from operations (FFO) per share for the first quarter of 2025, with results anticipated on May 1, after market close [1] U.S. Apartment Market Overview - The first quarter of 2025 saw strong apartment demand, with over 138,000 market-rate apartment units absorbed nationally, marking the highest first-quarter demand on record in over three decades [4] - Annual absorption reached nearly 708,000 units, matching the demand boom from early 2022 [4] - Demand exceeded supply, with nearly 577,000 units delivered, indicating a potential peak in the construction cycle [5] - Occupancy rose to 95.2% in March, the highest since October 2022, and effective rents increased by 0.75% in March and 1.1% year-over-year, the highest since June 2023 [6] - Rent growth was broad-based across the nation's 50 largest apartment markets, with an average effective rent of $1,848 [6] Regional Performance - The Midwest and Rust Belt regions led annual rent gains, while high-supply Sun Belt metros like Austin and Phoenix experienced rent cuts but showed monthly rent growth in March [7] Factors Influencing Camden Property's Performance - Camden's performance is likely benefiting from healthy renter demand in high-growth markets, contributing to occupancy and blended lease rate growth [8] - The company operates in markets with growing employment in high-wage sectors and in-migration trends, making renting a viable option due to high homeownership costs [9] - Camden's diversification in urban and suburban markets is expected to drive stable revenues [9] - The company is leveraging technology and organizational capabilities to enhance operational efficiency and reduce costs, aiding net operating income (NOI) growth [10] Financial Projections - The Zacks Consensus Estimate for CPT's revenues for Q1 2025 is $388.5 million, reflecting a growth of 1.4% year-over-year [12] - Camden expects core FFO per share in the range of $1.66-$1.70, with the Zacks Consensus Estimate remaining unchanged at $1.68, indicating a 0.6% year-over-year improvement [13] Earnings Prediction - A positive Earnings ESP of +0.26% and a Zacks Rank of 3 suggest a potential surprise in FFO per share for CPT this quarter [14]