Real Estate Investment Trusts (REITs)

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Innovative Industrial Properties (IIPR) Earnings Call Presentation
2025-06-25 12:27
Company Overview - Innovative Industrial Properties (IIPR) is a NYSE-listed REIT providing real estate capital to the regulated cannabis industry, founded in 2016[10] - The company has a diversified portfolio of over $2.4 billion in cannabis real estate[19] - IIPR's portfolio includes 108 properties (103 operating) across 19 states, with 82 million rentable square feet[24] Financial Performance - The company's Q4 2023 annualized dividend was $728 per share[24] - IIPR's Q4 2023 total revenue was $792 million[24] - The company's debt to total gross assets is 12%[53] Market and Portfolio - The regulated cannabis sales are estimated to grow to $43 billion by 2027[10] - The company's portfolio is diversified across 19 states, with a focus on industrial properties (92% of annualized base rent)[31] - The top ten tenants represent approximately 76% of the company's annualized base rent[48]
Getty Realty Corp. to Report Second Quarter 2025 Financial Results
Globenewswire· 2025-06-25 12:00
NEW YORK, June 25, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY), a net lease REIT focused on convenience and automotive retail real estate, will release its financial results for the second quarter ended June 30, 2025 after the market closes on Wednesday, July 23, 2025. Getty Realty Corp. will host a conference call and webcast on Thursday, July 24, 2025, at 8:30 a.m. EDT. To participate in the call, please dial 1-877-423-9813, or 1-201-689-8573 for international participants, ten minutes before ...
Easterly Government Properties (DEA) 2025 Earnings Call Presentation
2025-06-25 11:43
Investor Presentation June 2025 Disclaimer This presentation has been prepared by Easterly Government Properties, Inc. (the "Company" or "Easterly"). This presentation shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification, or pursuant to an effective exemption to registration or qualification, under the securit ...
Unlock Your Best Retirement Using Realty Income
Seeking Alpha· 2025-06-25 11:35
Group 1 - The article promotes a portfolio strategy that generates income without the need for selling assets, aiming to simplify retirement investing [1][2] - It emphasizes the importance of community and education in investing, suggesting that individuals should not invest alone [2] - The service offers features such as model portfolios, buy/sell alerts, and regular market updates to assist investors [2][4] Group 2 - The article mentions that past performance does not guarantee future results, highlighting the inherent uncertainties in investment [5] - It notes that recommendations are closely monitored and alerts are issued exclusively to members, indicating a proactive management approach [4]
Essex Property Trust (ESS) Earnings Call Presentation
2025-06-25 11:34
INVESTOR PRESENTATION SEPTEMBER 2024 ARLO Mountain View Mountain View, CA | 3 | TABLE OF CONTENTS Company Highlights & Track Record | | --- | --- | | 10 | Portfolio Overview | | 14 | Key Company Updates | | 16 | West Coast Demand Fundamentals | | 21 | West Coast Supply Fundamentals | | 25 | Guidance & Balance Sheet | | 28 | ESG Highlights | | 31 | Definitions & Reconciliations | 2 COMPANY HIGHLIGHTS & TRACK RECORD Station Park Green San Mateo, CA 3 CORPORATE HIGHLIGHTS Est. 1971 IPO 1994 Best-in- Class Tota ...
How To Play REITs From Here
Seeking Alpha· 2025-06-25 11:15
Group 1 - The article discusses the appeal of Real Estate Investment Trusts (REITs) as a means of generating income through real estate ownership, emphasizing their requirement to distribute significant income streams [1] - The author expresses a long-term investment strategy focused on quality blue-chip stocks, Business Development Companies (BDCs), and REITs, aiming to supplement retirement income through dividends within the next 5-7 years [1] - The article aims to assist lower and middle-class workers in building investment portfolios comprised of high-quality, dividend-paying companies, promoting financial independence [1] Group 2 - The author has a beneficial long position in the shares of ADC, indicating a personal investment interest in the company [2] - The article is presented as an opinion piece, with no compensation received from companies mentioned, highlighting the author's independent perspective [2] - Seeking Alpha clarifies that past performance does not guarantee future results and that the views expressed may not represent the platform as a whole [3]
Insiders Chase Income and Stability in American Tower—Here's Why
MarketBeat· 2025-06-25 11:14
Core Viewpoint - The current market volatility has led to significant capital rotations, with insiders favoring stable income and business models, particularly in the real estate sector, indicating a potential investment opportunity in American Tower Corp [1][2][3]. Company Overview - American Tower Corp. (NYSE: AMT) is positioned as a prime candidate for portfolio rotation due to its history of income potential and price stability [3]. - The stock is currently priced at $224.07, with a 52-week range of $172.51 to $243.56 and a dividend yield of 3.03% [2]. Investment Appeal - Institutional buying for American Tower stock reached $2.7 billion, highlighting strong interest from major investors [8]. - The stock has outperformed the S&P 500 index by 21% over the past six months, making it attractive for institutional buyers [9]. - Analysts project a 12-month price target of $240.25, indicating a potential upside of 7.22% from the current price [9]. Market Dynamics - There is a noticeable shift from growth stocks to value stocks, with American Tower being a beneficiary of this trend [6][10]. - The stock's P/E ratio stands at 56.9, reflecting market confidence despite broader economic uncertainties [14]. Dividend and Income Potential - American Tower offers a dividend of $6.80 per share, translating to an annualized yield of 3.1%, which surpasses the U.S. inflation rate and competes with the yield of the ten-year Treasury bond [12]. Market Sentiment - There has been a 15.8% decline in short interest for American Tower, indicating a shift in sentiment among bearish investors [13]. - The stable business model of American Tower, which supports infrastructure and communications, makes it resilient to geopolitical volatility affecting the S&P 500 [14].
Essex Property Trust: Well Positioned Amidst Rental Market Uncertainty
Seeking Alpha· 2025-06-25 11:02
Core Viewpoint - Essex Property Trust (NYSE: ESS) has shown modest performance over the past year, with a gain of only 2%, while remaining over 5% below its March levels due to higher long-term interest rates [1] Group 1: Company Performance - Shares of Essex Property Trust have gained just 2% over the past year [1] - The stock remains more than 5% below its March level [1] - The performance is attributed to the impact of higher long-term rates [1]
Kilroy Realty(KRC) - 2025 Q1 - Earnings Call Presentation
2025-06-25 09:35
Kilroy Realty Corporation Quarter Ended March 31, 2025 Company Overview Who is Kilroy? | ed Portfolio | 17.1M | | --- | --- | | | 123 | | 5) | 81.4% / 83.9% | | | 250bps | | % of | % of | Credit Ratings | | --- | --- | --- | | ABR (1) | RSF | (S&P / Moody's) | | 5.7% | 5.0% | AA+ / Aaa | | 4.5% | 2.2% | BBB / Baa2 | | 4.2% | 2.5% | NR / NR | | 3.6% | 3.1% | A+ / A1 | | 3.3% | 3.4% | AAA / Aaa | | 3.1% | 2.8% | A+ / A1 | | 3.1% | 1.7% | NR / NR | | 3.0% | 1.4% | NR / NR | | 2.8% | 2.1% | A / Baa1 | | 2.3% | ...
VICI Properties (VICI) Earnings Call Presentation
2025-06-25 08:50
Investor Presentation DISCLAIMERS Forward Looking Statements Non‐GAAP Financial Measures This presentation includes reference to Funds From Operations ("FFO"), FFO per share, Adjusted Funds From Operations ("AFFO"), AFFO per share, and Adjusted EBITDA, which are not required by, or presented in accordance with, generally accepted accounting principles in the United States ("GAAP"). These are non-GAAP financial measures and should not be construed as alternatives to net income or as an indicator of operating ...