Sharemaestro Newsreel

Earnings call transcript: SmartStop Self Storage posts strong Q2 2026 gains

SmartStop Self Storage reported strong second-quarter 2026 results, with same-store revenue up 1.3%, operating expenses down 3.4%, and NOI rising 3.7%. FFO as adjusted per share climbed 17.6% to $0.49, leading the company to raise its full-year guidance for several key metrics. Management emphasized …

Lineage says it will spend up to $100 million on Boyle Heights cleanup as air regulators demand action

Lineage Logistics announced it expects to spend between $80 million and $100 million on the cleanup of its Boyle Heights cold storage facility, which caught fire in June and has since generated over 4,000 odor complaints. Air quality regulators are demanding legal action, pushing …

JLL arranges construction financing for Extra Space Storage development in Glen Rock

JLL Capital Markets has arranged construction financing for Shadowbrook Capital's Extra Space Glen Rock project, a three-story self-storage facility in Glen Rock, New Jersey. Provident Bank provided the loan for the development, which will offer 92,175 rentable square feet and 891 units. The facility …

Americold Realty Trust Q2 2026 Earnings Call Transcript

Americold Realty Trust (NYSE: COLD) reported strong Q2 2026 results, exceeding expectations for AFFO per share at $0.35, driven by improved operating trends and market share gains. The company raised its full-year AFFO guidance to $1.26-$1.32 per share, despite a $0.05 per-share dilution from …

Prologis Inc. stock underperforms Thursday when compared to competitors

Prologis Inc. (PLD) stock fell 1.15% to $139.14 on Thursday, underperforming the broader market as the S&P 500 Index dropped 0.18% and the Dow Jones Industrial Average fell 0.85%. The company's stock closed 9.27% below its 52-week high achieved in July.

Air quality board to hear from Lineage officials on warehouse cleanup

The South Coast Air Quality Management District board is holding a two-day meeting to consider an abatement order against Lineage Logistics regarding the cleanup of its Boyle Heights warehouse after a June 17 fire. Residents have reported strong odors and health concerns, leading to …

Americold Realty Trust Inc. (COLD) Q2 FFO and Revenues Surpass Estimates

Americold Realty Trust Inc. (COLD) reported Q2 FFO of $0.35 per share and revenues of $662.89 million, both surpassing Zacks Consensus Estimates. Despite outperforming FFO expectations for three of the last four quarters, the stock has underperformed the S&P 500 year-to-date and currently holds …

Americold misses Q2 EPS, raises full-year guidance By Investing.com

Americold Realty Trust reported a Q2 net loss of $1.19 per share, missing analyst estimates, despite exceeding revenue expectations with $662.9 million. The loss was primarily due to a significant impairment charge related to winding down operations at two facilities. Despite this, the company …

Earnings Flash (COLD) Americold Realty Trust, Inc. Reports Q2 Revenue $662.9M, vs. FactSet Est of $613.5M

Americold Realty Trust, Inc. (COLD) reported strong Q2 revenue of $662.9 million, significantly exceeding the FactSet estimate of $613.5 million. The company also announced an expected adjusted FFO per share range of $1.26 to $1.32 for 2026, surpassing the FactSet estimate of $1.24. Additionally, …

Americold Realty Trust, Inc. Reports Unaudited Consolidated Impairment of Long-Lived Assets for the Second Quarter Ended June 30, 2026

Americold Realty Trust, Inc. reported a significant unaudited consolidated impairment of long-lived assets totaling $309,572,000 for the second quarter ended June 30, 2026. This figure represents a substantial increase compared to $5,226,000 reported in the same period a year ago. The report was published …

Terreno Realty (NYSE:TRNO) Announces Quarterly Earnings Results, Beats Expectations By $0.13 EPS

Terreno Realty (NYSE:TRNO) announced its quarterly earnings, reporting an EPS of $0.54, which surpassed the consensus estimate of $0.41 by $0.13. Despite beating earnings expectations, the company's revenue of $124.71 million fell short of the $127.17 million estimate, and its shares declined 1.1% to …

Americold Realty Trust: Americold Announces Second Quarter 2026 Results

Americold Realty Trust announced strong second-quarter 2026 results, with Adjusted FFO of $0.35 per diluted share, exceeding expectations and showing increased total revenues year-over-year. The company raised its full-year Adjusted FFO guidance to $1.26 to $1.32 per share, attributing the positive outlook to continued …

A $309.6M impairment drove Americold's $342.8M Q2 loss

Terreno Realty (NYSE: TRNO) reports Q2 2026 revenue of $124.7M

Terreno Realty Corporation reported Q2 2026 total revenues of $124.7 million, an increase from $112.2 million in Q2 2025. Net income for the quarter was $57.6 million, or $0.54 per diluted share, compared to $93.3 million, or $0.90, in the prior year, influenced by …

Public Storage Stock 12‑Month Price Target Raised to $341.2, Implies 4% Upside

Public Storage (PSA) has seen its average 12-month price target raised to $341.2 by 15 analysts, up from $337.69. This updated target suggests a potential upside of approximately 4% from its Aug. 5 closing price. The consensus analyst rating remains a "Buy" across 21 …

SmartStop Self Storage REIT, Inc. Declares Cash Dividend for the Month of August 2026, Payable on September 15, 2026

SmartStop Self Storage REIT, Inc. announced a cash dividend of $0.13589041 for August 2026, reflecting a targeted annualized dividend of $1.60 per share. The dividend will be payable on September 15, 2026, to shareholders of record as of August 31, 2026. This declaration was …

Rexford Industrial Realty, Inc. (NYSE:REXR) Receives Average Recommendation of "Hold" from Analysts

Rexford Industrial Realty, Inc. (NYSE:REXR) has received an average recommendation of "Hold" from fourteen brokerages, with an average 12-month price target of $40.62. The company reported a quarterly loss of $2.26 per share, missing analyst estimates, but revenue slightly exceeded forecasts at $243 million. …

How Strong Q2 Profits and a Completed Buyback at Innovative Industrial Properties (IIPR) Have Changed Its Investment Story

Is Innovative Industrial Properties (IIPR) Undervalued After Higher Net Income And Its 5% Buyback?

Americold Realty Trust (NYSE:COLD) Issues FY 2026 Earnings Guidance

Americold Realty Trust (COLD) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Press Release: Lineage, Inc. Reports Second-Quarter 2026 Financial Results

Lineage, Inc. announced its second-quarter 2026 financial results, which included record revenue of $1.5 billion and diluted earnings per share of $1.25. The company's strong performance was driven by robust demand across its product lines and strategic market expansions. Lineage also provided an optimistic …

First Trust Advisors LP Acquires 10,250 Shares of EastGroup Properties, Inc. $EGP

First Trust Advisors LP significantly increased its stake in EastGroup Properties, Inc. (NYSE:EGP) by 79.4% in the first quarter, adding 10,250 shares to hold a total of 23,160 shares valued at $4.29 million. EastGroup Properties, a real estate investment trust, exceeded analyst expectations with …

Lineage, Inc. Q2 2026: Revenue $1361M, EPS $(0.13) — 10-Q Summary

Lineage, Inc. reported its Q2 2026 financial results, showing revenue of $1,361M, a slight increase year-over-year. However, the company experienced a widened net loss of $(29)M and diluted EPS of $(0.13). Business highlights included growth in global warehousing revenues, improved operational efficiency, and an …

RBC Capital Maintains CubeSmart(CUBE.US) With Buy Rating, Raises Target Price to $47

RBC Capital has reiterated its Buy rating on CubeSmart (CUBE.US) and increased its price target for the stock to $47. This update reflects the firm's continued confidence in the self-storage real estate investment trust.

SmartStop Self Storage raises FY26 FFO guidance to $1.98-$2.04, beats $1.99 estimate

SmartStop Self Storage REIT has increased its full-year 2026 FFOa per share guidance to $1.98-$2.04, exceeding the analyst estimate of $1.99. This upward revision follows a strong second quarter performance with a 17.6% year-over-year increase in FFOa per share and significant operating margin expansion. …

Analysts Conflicted on These Real Estate Names: CBRE Group (CBRE) and Cubesmart (CUBE)

Analysts are divided on two real estate companies: CBRE Group (CBRE) and Cubesmart (CUBE). While CBRE Group received a "Strong Buy" consensus with a significant upside, Cubesmart was rated a "Moderate Buy" with a more modest projected gain, and one analyst reiterated a "Hold" …

Lineage expects to spend up to $100 million on Boyle Heights warehouse fire cleanup

Residents of Boyle Heights expressed frustration over the aftermath of a warehouse fire during a South Coast Air Quality Management District board hearing. Lineage Logistics, the company involved, expects to spend $80 million to $100 million on cleanup efforts and reported removing 80% of …

Company's safety record raises questions after massive fire at L.A. food warehouse

A CBS News investigation found that the massive June fire at a Lineage-operated food warehouse in Los Angeles was not an isolated incident, revealing at least 63 fires at properties tied to the company over the past decade. Residents are still dealing with the …

Market-Intelligence Platform TractIQ Reaches $500M in Live Self-Storage Deals, Launches Buybox

TractIQ, a market-intelligence platform for the self-storage industry, has announced that it has surpassed $500 million in live self-storage deals. Concurrently, the company launched Buybox, an intelligent matching layer designed to connect self-storage buyers and sellers by scoring listings against verified investors' acquisition criteria. …

SmartStop Q2 FY26 FFO as adjusted per diluted share rises 16.67% to $0.49; self storage-related revenue increases to $65.8 million

SmartStop Self Storage REIT reported strong Q2 FY26 results, with GAAP net income of $11.2 million and FFO, as adjusted per diluted share, rising 16.7% to $0.49. The company's total self storage-related revenues increased by 8.1% to $65.8 million, and same-store NOI climbed 3.7%. …

Extra Space Storage (EXR) CEO discloses 27,006-share stock gifts

Extra Space Storage Inc. CEO Joseph D. Margolis reported two bona fide gift transactions involving 27,006 shares of common stock on August 4, 2026. These transactions included a disposition of 13,503 indirectly held shares and an acquisition of 13,503 shares held through a revocable …

Terreno Realty Corporation Increases Quarterly Dividend by 9.6% and Files Second Quarter 2026 Financial Statements

Terreno Realty Corporation (NYSE: TRNO) has announced a 9.6% increase in its regular cash dividend to $0.57 per common share for the quarter ending September 30, 2026. The dividend will be paid on October 9, 2026, to stockholders of record as of September 30, …

August dividend for SmartStop Self Storage (NYSE: SMA) detailed

SmartStop Self Storage REIT, Inc. (NYSE: SMA) has declared a monthly cash dividend for August 2026 of $0.13589041 per share, reflecting a targeted annualized dividend of $1.60 per share. The record date for this dividend is August 31, 2026, and it will be paid …

SMA: FFOa per share rose 17.6% year-over-year, with raised 2026 guidance and strong acquisition activity

SmartStop Self Storage REIT, Inc. (SMA) reported a strong Q2 2026, with FFOa per share increasing 17.6% year-over-year and improved net income and operating margins. The company raised its full-year guidance for NOI and FFOa, deployed over $46 million in acquisitions, and maintained robust …

LXP Industrial Trust (LXP) Stock Price, News, Quote & History

LXP Industrial Trust (LXP) saw its stock price rise by 4.00% at market close on July 20, 2026, reaching $60.85. The company is a REIT specializing in Class A warehouse and distribution investments, primarily in the Sunbelt and lower Midwest. Recent news highlights include …