Welltower (HCN) posted robust top-line and bottom-line results in 2Q17, exceeding management’s expectation as well as analysts’ estimates.
Welltower (HCN) reported its 2Q17 results on July 28, 2017. Its adjusted FFO (funds from operations) of $1.60 per share surpassed the Wall Street estimate of $1.05.
AMT’s current price-to-FFO multiple stands at ~22.1x. After 2Q17, American Tower offers a next-12-month dividend yield of 1.9%.
In 2Q17, American Tower (AMT) topped its 2Q16 results on higher organic tenant billing and prudent cost controls.
In 2Q17, American Tower distributed cash worth $275 million among its common stockholders and paid preferred stock dividends totaling $27 million.
American Tower’s (AMT) 2Q17 EBITDA grew 17.5% to $1.02 billion. These results surpassed the analysts’ expectations of $1 billion.
American Tower’s (AMT) total deployment consisted of $79 million for acquisitions and over $400 million for stock repurchases.
For 2Q17, American Tower (AMT) has reported robust double-digit revenue growth of 15.3%, backed primarily by higher tenant billing growth.
For fiscal 2017, American Tower expects to report property revenues that would be 14% higher on a year-over-year basis, or by $25 million.
For 2Q17, American Tower (AMT) reported adjusted funds from operation of $1.58 per share, meeting Wall Street estimates and topping 2Q16 by 18.8%.
EQR’s current price-to-FFO multiple is 21.64x. The company consistently returns value to its shareholders in the form of dividends and share buybacks.
During 2Q17, Equity Residential (EQR) reported higher-than-expected top-line and bottom-line results backed by robust rent growth and occupancy levels.
Equity Residential reported higher-than-expected top-line and bottom-line results in 2Q17 backed by robust rent growth as well strong demand for its apartments.
While New York exceeded management’s expectation in terms of occupancy and renewal rate growth, Boston, Seattle, and its West Coast markets performed in line with EQR’s guidance.
Equity Residential’s (EQR) 2Q17 top line of $612.3 million surpassed both the year-ago mark as well as analysts’ estimates backed by higher rent growth and demand for its properties in coastal markets.
Equity Residential’s (EQR) top line in 2Q17 surpassed both the year-ago results as well as management’s expectations backed by rent growth.
Equity Residential reported top-line and bottom-line results in 2Q17 that surpassed analysts’ estimates backed by robust rent growth and net operating income (or NOI).
Equity Residential reported core funds from operation (or FFO) of $0.77 per share, which was in line with Wall Street estimates.
Analysts have given Simon Property Group a mean price target of $192.15, implying a 20.1% rise from its current level of $160.04.
Simon Property Group (SPG) can be best evaluated by its price-to-FFO multiple.