The sentiment has so far been mixed, with results from some of the top notch REIT stocks either matching estimates or beating, while some other falling shy of expectations.
Some REITs, which are slated to report results on Feb 2 are Apartment Investment and Management Company (AIV), Essex Property Trust, Inc. (ESS), Kimco Realty Corporation (KIM) and DCT Industrial Trust Inc. (DCT).
Some REITs, belonging to different sub-categories, which are slated to report results on Jan 31 are Simon Property Group, Inc. (SPG), Equity Residential (EQR) and Boston Properties, Inc. (BXP).
SL Green Realty Corp. (SLG) reported fourth-quarter 2016 adjusted FFO of $1.43 per share, narrowly missing the Zacks Consensus Estimate of $1.44.
Important REITs which are expected to release their numbers on Jan 25 are SL Green Realty Corp. (SLG), Crown Castle International Corp. (CCI), Duke Realty Corporation (DRE) and Capstead Mortgage Corporation (CMO).
SL Green Realty Corp. (SLG) is slated to report fourth quarter and 2016 results on Wednesday, Jan 25, after the market closes.
Delighting its shareholders, Boston Properties, Inc. (BXP) announced a 15.4% hike in its quarterly dividend rate. The company will now pay a dividend of 75 cents per share, ahead of the prior rate of 65 cents.
Ushering in good news for its shareholders, CubeSmart (CUBE) declared a 28.6% hike in its quarterly dividend rate to 27 cents from 21 cents paid earlier.
Usually, special dividends are paid by REITs on capital gains from the sale of assets to avoid paying taxes.
Ushering in good news for shareholders, recently a number of REITs announced their dividend hikes. Among them are Saul Centers, Inc. (BFS) and Mid-America Apartment Communities, Inc. (MAA).
SL Green Realty Corp. (SLG) expects its 2017 FFO per share to range between $6.40 and $6.50. Further, it announced that Nordstrom is expanding its future Men's store at 3 Columbus Circle.
SL Green Realty Corp. (SLG), in association with its partner Jeff Sutton, inked a long-term lease with Shoes and Retail Apparel industry major, NIKE, Inc. (NKE) at 650 Fifth Avenue.
On Nov 14, Communications Sales & Leasing, Inc. (CSAL), Parkway, Inc. (PKY) and Gladstone Land Corporation (LAND) are slated to release their quarterly figures.
Though the current reporting cycle is drawing to a close, results are still pouring in from the REIT industry with Outfront Media Inc. (OUT) and others slated to release their quarterly figures on Nov 7.
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SL Green Realty Corp. (SLG ) reported third-quarter 2016 adjusted funds from operations (FFO) of $1.63 per share, exceeding the Zacks Consensus Estimate of $1.51.
REITs which are expected to release tomorrow are SL Green Realty Corp. (SLG), EastGroup Properties Inc. (EGP), LaSalle Hotel Properties (LHO) and Brandywine Realty Trust (BDN).
SL Green Realty Corp. (SLG) is slated to report third-quarter 2016 results after the market closes on Oct 19.