Affo Trading

Latest News for: Affo trading

This Office REIT Isn't Cheap, But The 7% Dividend Yield Is Sweet

Seeking Alpha 19 Sep 2018

For the second quarter, CIO reported a core FFO of $0.26 per share and an AFFO of $0.19 per share ... At a current P/AFFO multiple of 16.1, it is one of the cheapest trading REITs in the Office sector. That doesn't necessarily mean it is undervalued, however, as it tends to trade at a discount to peers and has been trading at a P/AFFO multiple of around 16 over the last few years....

Edit

Omega Healthcare: Ignore Fundamentals At Your Own Risk

Seeking Alpha 14 Sep 2018

For those interested in short-term trades, OHI has offered some great opportunities for those who bought into the dip ... In 2017, OHI beat expectations and raised the bottom end of their AFFO guidance to $3.42-3.44 (a target they dramatically missed, coming in at only $3.30) ... Despite their AFFO guidance being more than 10% lower than last year's guidance, the shares are trading for the same price....

Edit

Realty Income: Is It Time To Trim Your Position?

Seeking Alpha 13 Sep 2018

Realty Income trades at 18x forward AFFO estimates, slightly above the sector average and median ... We use consensus forward AFFO as an estimate of potential dividends to normalize the difference in firm payout ratios ... Within the sector, Spirit has the lowest implied dividend growth rate, trades at the lowest P/AFFO multiple, and has the lowest (actually negative) growth as a % of stock price....

Edit

The Realty Income Dividend Streak Will Come To An End, But Sandbagging Will Extend It ...

Seeking Alpha 12 Sep 2018

All good things must come to an end ... But if revenue growth is 8.2% and FFO/share growth is 8.2%, why is my dividend only increasing 4.1%? In other words, I'm getting a smaller dividend distribution for each 1% of FFO growth! (The same comparison of dividends to AFFO is much better but dividend growth still lags the growth in AFFO.) ... Realty Income normally trades at a P/AFFO of about 18.6. It's currently trading at a P/AFFO of 18.5 ... ....

Edit

Getty Realty Is Pumping Premium Dividends

Seeking Alpha 10 Sep 2018

I explained that “GTY has grown its dividend by around 12% over the last few years, and based on the 2018 AFFO Payout Ratio (77%), the company has room to grow.” ... of Applegreen, a publicly traded company with 275 locations — Transaction closed on October 3, 2017 ... As viewed below, GTY is forecasted to grow AFFO per share by 5-6%. ... Also, the chart illustrates that GTY trades at a 7% premium to its historical 4-year training P/AFFO....

Edit

Lexington: Who Saw That One Coming?

Seeking Alpha 07 Sep 2018

That would, in turn, drop adjusted FFO (AFFO) to an annualized 72-74 cents ... LXP had an AFFO of $124.4 million ... 24% reduction from the original 95 cent AFFO guidance gets us to 72 cents annualized ... First, AFFO is an awful metric in the US ... At 11X AFFO and 12X FAD, LXP is not expensive, but it is hard to pony up that when you have options such as these trading quite cheap....

Edit

Lexington Realty: Chasing Rather Than Anticipating

Seeking Alpha 07 Sep 2018

Industrial REITs trade at a higher multiple and capital is generally flowing into the sector ... Thus, they were approximately trading $1.00 of office NOI for $1.00 of industrial ... They are closer to trading $1.50 of office NOI for each dollar of industrial ... 2018 AFFO guidance was lowered to $0.92-$0.94 from $0.95-$0.98 ... Even with reduced AFFO of about $0.85, LXP is trading at just over 10X....

Edit

Lexington Realty: Ripping The Band-Aid Off

Seeking Alpha 06 Sep 2018

However, at their current price, they are priced below what even a poor quality industrial REIT should be trading for ... For those who believe that converting to an industrial REIT will increase the P/AFFO trading multiple, this move should cause that multiple expansion sooner ... Adjusted guidance for 2019 is $0.92-0.94/share AFFO ... LXP is currently trading at 9.5x AFFO, while industrial REITs routinely trade in the high-teens and 20s....

Edit

Strong Buy Pick: Berkshire's Bet Paid Off Big

Seeking Alpha 06 Sep 2018

STORE's targeted internal AFFO growth per share is between 3% and 5%, driven primarily by its differentiated focus on signing leases with middle-market companies ... STORE delivered another strong quarter of AFFO and AFFO per share growth ... It also expects AFFO per share to be in the range of $1.78 to $1.84 ... STORE is trading at 16.x P/AFFO and around 7% above the company's trailing 4-year P/AFFO multiple....

Edit

Become A Millionaire By Investing In This Monthly-Paying REIT

Seeking Alpha 04 Sep 2018

The key to building wealth is the power of compounding, the snowball effect that happens when your earnings generate even more earnings ... Photo Source ... Chris, the third saver profiled, is the ideal ... Not bad eh? ... Now let’s compare EPR’s P/AFFO with the Net Lease REIT peers. ... EPR trades at 12.2 P/AFFO, not the cheapest (VER, LXP, and GNL are cheaper), but EPR trades at the deepest discount compared to the company’s historical 4-year history....

Edit

My 'High Octane' Pick Has A Few Notable Catalysts

Seeking Alpha 03 Sep 2018

In Q2-18, UNIT reported consolidated revenues of 4247 million, consolidated adjusted EBITDA of $197 million, AFFO attributable to common shares of $109 million and AFFO per diluted common share of $0.62 ... As UNIT continue to grow AFFO, the payout ratio should come down over time ... The company expects full-year reported AFFO to range between $2.49 and $2.52 per diluted common share, with a midpoint of $2.51 ... Now consider the P/AFFO.....

Edit

If I Had To Pick Only One REIT - Revisited

Seeking Alpha 03 Sep 2018

The REIT is one of the bluest blue chips in the world, and yet it trades at a massive discount to peers as well as the broad REIT market ... Opposite of that, it has one of the longest histories among all publicly traded REITs today ... As of right now, WPC deserves to trade at a discount to peers given that it generates 17% of its AFFO from Investment management services, a business that rightfully deserves a lower multiple....

Edit

H&R REIT: The Time Is Right

Seeking Alpha 31 Aug 2018

Its shares are currently trading at a discount to its historical average and the average of its peers ... H&R is currently trading at an attractive valuation. Its price to 2018 AFFO ratio of 12.6x is 1.5x multiples below its 8-year average of 14.1x ... H&R is also trading at a very attractive valuation to other types of REITs. Below is the table that compare H&R's P/AFFO ratio with other types of REITs ... Price to 2018 AFFO Ratio....

Edit