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Here's Why Ventas (VTR) is a Strong Momentum Stock
ZACKS· 2025-07-08 14:56
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style ...
American Healthcare REIT Declares Second Quarter 2025 Distribution
Prnewswire· 2025-06-20 20:15
IRVINE, Calif., June 20, 2025 /PRNewswire/ -- American Healthcare REIT, Inc. (NYSE: AHR) announced today that its board of directors has declared a quarterly distribution of $0.25 per share for the quarter ending June 30, 2025. The distribution will be payable in cash on or about July 18, 2025, to all holders of record of its common stock as of the close of business on June 30, 2025.About American Healthcare REIT, Inc.American Healthcare REIT, Inc. (NYSE: AHR) is a real estate investment trust that acquires ...
American Healthcare REIT ("AHR") Announces First Quarter 2025 Results; Increases Full Year 2025 Guidance
Prnewswire· 2025-05-08 20:15
IRVINE, Calif., May 8, 2025 /PRNewswire/ -- American Healthcare REIT, Inc. (the "Company," "we," "our," "management," or "us") (NYSE: AHR) announced today its first quarter 2025 results and is increasing full year 2025 guidance.Key Highlights: Reported GAAP net loss attributable to controlling interest of $(6.8) million and GAAP net loss attributable to common stockholders of $(0.04) per diluted share for the three months ended March 31, 2025. Reported Normalized Funds from Operations attributable to common ...
Omega Healthcare Investors(OHI) - 2025 Q1 - Earnings Call Transcript
2025-05-02 14:00
Financial Data and Key Metrics Changes - Adjusted funds from operations (AFFO) for Q1 2025 were $0.75 per share, and funds available for distribution (FAD) were $0.71 per share, reflecting revenue and EBITDA growth [6][11] - Revenue for Q1 2025 was $277 million, up from $243 million in Q1 2024, primarily due to new investments and operator restructurings [10] - Net income for Q1 2025 was $112 million, or $0.33 per share, compared to $69 million, or $0.27 per share, in Q1 2024 [10][11] - NAREIT FFO for Q1 was $184 million, or $0.62 per share, compared to $153 million, or $0.60 per share, in Q1 2024 [11] Business Line Data and Key Metrics Changes - The percentage of private pay and other revenue increased from 8% ten years ago to 39% today, with expectations for continued growth [9] - Maplewood's occupancy for its core portfolio reached 94% as of April 2025, with rent payments improving significantly [20] Market Data and Key Metrics Changes - The trailing twelve-month operator EBITDAR coverage for the core portfolio increased to 1.51x as of December 31, 2024, compared to 1.50x for the previous period [18] - Omega's investment activity in Q1 2025 included over $423 million in new real estate investments and $34 million in CapEx investments [22] Company Strategy and Development Direction - The company raised and narrowed its full-year adjusted FFO guidance to a range between $2.95 to $3.01 per share, assuming no change in revenue related to operators [14] - Omega is focusing on disciplined and sustainable investment decisions while serving a complex resident population across various asset types and markets [19] - The company continues to prioritize capital allocation towards accretive owned real estate deals that grow its balance sheet [26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability of Genesis to continue paying rent, despite recent liquidity issues [7][35] - The company remains optimistic about the overall coverage and fundamentals improving, with no significant changes expected in the lending environment [29][63] - Management is closely monitoring potential Medicaid reforms and their implications for the business [29][81] Other Important Information - The company completed a $344 million investment for a portfolio of 45 care homes across the UK and Jersey, with an initial cash yield of 10% [24] - The federal judge ruled in favor of the industry regarding staffing mandates, which is expected to save the federal government $22 billion over ten years [28] Q&A Session Summary Question: Details on Genesis not paying rent and interest in March - Management indicated that Genesis has a weak balance sheet, and the shortfall was a one-time issue related to their ABL lender [34][36] Question: More details on the UK portfolio acquisition - The acquisition involved six operators and was completed quickly due to the company's strong platform in the UK [41][42] Question: Impact of immigration on labor availability and wage pressures - Management has not seen any significant impact from immigration on labor availability or wage pressures at this time [46] Question: Genesis operating fundamentals - Coverage metrics for Genesis have improved, with the portfolio consistently above 1.5 times [47] Question: Cap rates for yields on first quarter dispositions - Management indicated that the dispositions were both opportunistic and part of a cleanup of non-core assets [85]
Ventas(VTR) - 2025 Q1 - Earnings Call Transcript
2025-05-01 14:00
Ventas (VTR) Q1 2025 Earnings Call May 01, 2025 10:00 AM ET Company Participants Bill Grant - Investor RelationsDebra Cafaro - Chairman & CEOJustin Hutchens - Executive Vice President, Senior Housing and CIORobert Probst - Executive VP & CFOJames Kammert - Managing DirectorMichael Carroll - Managing Director & Head of US Real Estate ResearchVikram Malhotra - Managing DirectorJeffrey Spector - Managing DirectorRichard Anderson - Managing Director - Equity ResearchOmotayo Okusanya - Managing DirectorJuan Sana ...
Welltower's Q1 FFO & Revenues Beat Estimates, Same Store NOI Rises
ZACKS· 2025-04-29 17:25
Core Insights - Welltower Inc. (WELL) reported first-quarter 2025 normalized funds from operations (FFO) per share of $1.20, exceeding the Zacks Consensus Estimate of $1.15, and reflecting an 18.8% year-over-year improvement [1] - The company recorded revenues of $2.42 billion, surpassing the Zacks Consensus Estimate of $2.37 billion, with a year-over-year increase of 30.3% [2] - Welltower increased its guidance for 2025 normalized FFO per share to a range of $4.90-$5.04, up from the previous range of $4.79-$4.95, with the Zacks Consensus Estimate at $4.95 [9] Financial Performance - The same-store revenues in the seniors housing operating (SHO) portfolio increased by 9.6% year over year, supported by a 400 basis points growth in average occupancy and a 5.9% increase in Revenue per Occupied Room (RevPOR) [3] - The total portfolio's same-store net operating income (SSNOI) grew by 12.9% year over year, with the SHO portfolio's SSNOI growth at 21.7% [3] - Property operating expenses rose by 33.3% to $1.46 billion year over year [5] Investment Activities - Welltower's pro-rata gross investments in the first quarter totaled $2.8 billion, including $2.7 billion in acquisitions and loan funding, and $142 million in development funding [4] - The company completed nine development projects with a total pro-rata investment of $475 million and property dispositions of $381 million [4] Balance Sheet and Liquidity - As of March 31, 2025, Welltower had $8.6 billion in available liquidity, which includes $3.6 billion in cash and restricted cash, along with full capacity under its $5 billion line of credit [6] Credit Rating - On March 31, 2025, S&P upgraded Welltower's credit rating to "A-" with a stable outlook, while Moody's upgraded it to "A3" with a stable outlook [7] Dividend Information - Welltower announced a cash dividend of 67 cents per share for the first quarter of 2025, marking the company's 216th consecutive quarterly cash dividend payout [8] Future Guidance - The company anticipates an average blended SSNOI growth of 10.00-13.25% for 2025, with specific growth expectations for various segments [9] - Welltower expects to fund an additional $340 million in development for ongoing projects in 2025 [10]