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Zacks News
Innovative Industrial (IIPR) Boosts Michigan Base With Asset Buyout
by Zacks Equity Research
Innovative Industrial's (IIPR) Michigan property buyout and tie-up with Sozowill to help the REIT bank on the solid opportunities in the company's markets and boost its top line.
Here's Why You Should Retain Iron Mountain (IRM) Stock for Now
by Zacks Equity Research
While capital-recycling efforts to fund strategic growth pursuits bode well for Iron Mountain (IRM), low service activity level remains a hurdle for organic service revenues.
Iron Mountain (IRM) to Sell IPM Business to NCC Group for $220M
by Zacks Equity Research
Iron Mountain's (IRM) gross sales proceeds of $220 million from the sale of IPM business to NCC Group offers a capital source to fund growth opportunities.
SL Green (SLG) Signs Lease for 22,500 Sq Ft at One Vanderbilt
by Zacks Equity Research
SL Green's (SLG) new 22,531-sq-ft lease with Kyndryl at One Vanderbilt Avenue brings the property to 81% leased. The company remains on target to attain a 90% lease by the end of the year.
Innovative Industrial (IIPR) Buys Pennsylvania Property for $41.8M
by Zacks Equity Research
Expansion of Innovative Industrial's (IIPR) portfolio with the Pennsylvania property buyout and a tie-up with Parallel will help the company benefit from favorable trends and boost its top line.
Vornado (VNO) Refinances 555 California Street With $1.2B Loan
by Zacks Equity Research
Vornado's (VNO) $1.2-billion refinancing of 555 California Street results in net proceeds of nearly $454 million for the company's 70% stake in the partnership for the ownership of the campus.
OUTFRONT Media (OUT) Q1 Adjusted FFO Deficit Comes as Expected
by Zacks Equity Research
While Outfront Media (OUT) registers a fall in operating expenses in Q1, lower average revenues per display and the pandemic's impact on customer advertising expenditure act as deterrents.
Lamar (LAMR) Beats Q1 Revenue Estimates, Raises 2021 View
by Zacks Equity Research
Lamar's (LAMR) Q1 results reflect higher-than-anticipated revenues. The REIT also raised its prior guidance for 2021 on anticipated continued recovery from the pandemic.
Outfront Media (OUT) Reports Q1 Loss, Misses Revenue Estimates
by Zacks Equity Research
Outfront Media (OUT) delivered FFO and revenue surprises of 0.00% and -4.45%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Outfront Media (OUT) Up 7.4% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Outfront Media (OUT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Lamar (LAMR) Q4 FFO & Revenues Top Estimates, Costs Decline
by Zacks Equity Research
Lamar's (LAMR) Q4 results reflect higher-than-anticipated revenue number and positive impact of lower operating expenses.
OUTFRONT Media (OUT) Q4 FFO & Revenues Beat Estimates
by Moumita C. Chattopadhyay
While Outfront Media (OUT) registers fall in operating expenses in Q4 and digital billboards returned to growth, lower average revenues per display act as deterrent.
Public Storage (PSA) Q4 FFO Beats on Occupancy Gains, NOI Climbs
by Zacks Equity Research
Public Storage (PSA) Q4 results reflect an increase in occupancy in the reported quarter and gains from expansion moves.
PS Business Parks (PSB) Q4 FFO Beats Estimates, Stock Up
by Zacks Equity Research
PS Business Parks' (PSB) Q4 results highlight increased cash rental income from the occupied part of its same-park portfolio, though lower weighted average occupancy played spoilsport.
Duke Realty (DRE) to Procure Capital With $450M Notes Offering
by Zacks Equity Research
Duke Realty (DRE) is tapping the debt market to procure capital for funding its green projects. $450 million of 1.75% senior unsecured notes have been priced at 99.252%.
Simon Property (SPG) Offers $1.5B Senior Notes, To Repay Debt
by Zacks Equity Research
Proceeds from Simon Property's (SPG) $1.5-billion notes offering will primarily be used to repay debt due this July. By addressing near-term debt maturities, it is likely to boost financial flexibility.
Outfront Media (OUT) Up 27% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Outfront Media (OUT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Here's Why It is Wise to Hold OUTFRONT Media (OUT) Stock Now
by Zacks Equity Research
OUTFRONT Media's (OUT) diverse tenant base and portfolio upgrade will aid the company's financials in the days to come, though soft demand for outdoor advertising and high debt level are concerns.
Regency Centers (REG) Q3 FFO Misses Estimates, NOI Slips
by Zacks Equity Research
Regency Centers' (REG) same-property NOI result for Q3 reflects a higher uncollectible lease income amid the coronavirus pandemic.
Lamar's (LAMR) Q3 FFO & Revenues Surpass Estimates, Stock Up
by Zacks Equity Research
Though Lamar's (LAMR) Q3 results reflect decline in operating expenses, fall in operating income is a concern for the company.
OUTFRONT Media (OUT) Q3 FFO Beats, Revenues Miss Estimates
by Zacks Equity Research
While Outfront Media (OUT) registers fall in operating expenses in Q3, lower average revenues per display and revenues from digital-billboard conversions act as deterrents.
Outfront Media (OUT) Tops Q3 FFO Estimates
by Zacks Equity Research
Outfront Media (OUT) delivered FFO and revenue surprises of 58.33% and -0.84%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
OUTFRONT Media Concludes Sale of Sports-Marketing Business
by Zacks Equity Research
OUTFRONT Media (OUT) sells its sports-marketing business amid the pandemic-induced cancellations of sporting events across the nation.
Why Is Outfront Media (OUT) Up 11.6% Since Last Earnings Report?
by Zacks Equity Research
Outfront Media (OUT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Can OUTFRONT Media (OUT) Battle Low Advertising Spend Woes?
by Zacks Equity Research
OUTFRONT Media (OUT) is well poised to sail through the crisis aided by its diverse portfolio and rapid technology adoption, though lower advertising spends and soft demand remain concerns.