Sharemaestro Newsreel

Innovative Industrial Properties (IIPR) Q2 FFO Surpass Estimates

Innovative Industrial Properties (IIPR) reported Q2 FFO of $1.83 per share, exceeding the Zacks Consensus Estimate of $1.78. Although the company missed revenue estimates, its shares have increased by 24.2% year-to-date, outperforming the S&P 500, and it currently holds a Zacks Rank #2 (Buy).

Investigation into Americold Realty Trust for Securities Violations

Schall, Brown & Schwartz LLP is investigating Americold Realty Trust for potential securities violations, focusing on whether the company made misleading statements to investors. This investigation follows Americold's disclosure of a termination agreement with ADUSA Distribution, leading to the closure of an automated retail …

Earnings Flash (IIPR) Innovative Industrial Properties, Inc. Posts Q2 AFFO $1.83 per Share, vs. FactSet Est of $1.78

Innovative Industrial Properties, Inc. (IIPR) announced its Q2 Adjusted Funds From Operations (AFFO) reached $1.83 per share, surpassing FactSet's estimate of $1.78. The company's revenue for the quarter was reported at $63.3 million, falling short of the FactSet estimate of $67.1 million. Innovative Industrial …

Innovative Industrial (NYSE: IIPR) lifts Q2 net income to $40.7M

Innovative Industrial Properties (IIPR) reported a significant increase in Q2 2026 net income to $40.7 million, up from $25.1 million in the prior year, with total revenues reaching $63.3 million. The company also announced a quarterly common dividend of $1.90 per share and highlighted …

ComEd plans 44 MW rooftop solar portfolio in Illinois

ComEd, in partnership with Solar Landscape and Public Storage, is developing a 44 MW rooftop community solar portfolio across 60 sites in Illinois. This initiative aims to provide electricity for approximately 6,150 households, with subscribers collectively saving around $750,000 annually. The project is expected …

Weekly Recap: LXP Industrial Trust acquisition and Q2 revenue beat

LXP Industrial Trust (NYSE:LXP) has agreed to a $5.2 billion buyout by Brookfield and CPP, leading to an immediate suspension of its regular common dividend, though Series C preferred dividends will continue. The company reported a Q2 revenue beat of $88.11 million, exceeding estimates, …

Extra Space Storage Inc. stock rises Monday, still underperforms market

Extra Space Storage Inc. (EXR) shares rose 1.14% on Monday, closing at $149.73. This gain occurred during a generally positive trading session where the S&P 500 Index and Dow Jones Industrial Average also saw increases. Despite the rise, Extra Space Storage Inc. underperformed the …

Innovative Industrial Properties earnings loom as tenant risks test REIT

Innovative Industrial Properties (IIPR), a cannabis-focused REIT, is preparing to report its second-quarter earnings, with investors focused on tenant credit quality, re-leasing efforts, and the impact of regulatory changes like cannabis rescheduling. Analysts predict a 22% jump in earnings year-over-year, but a slight sequential …

Industrial Logistics Properties Trust (1QY) Q1 2023 Earnings Report - Results, Call & Slides

Industrial Logistics Properties Trust (1QY) released its Q1 2023 earnings report, showing an actual EPS of -€0.33 and actual revenue of €95.79M, beating the expected revenue by +€3.15M. The company's revenue saw a year-over-year growth of +54.48%. The next earnings date is estimated for …

RBC Capital Adjusts EastGroup Properties Price Target to $220 From $208, Maintains Sector Perform Rating

RBC Capital has increased its price target for EastGroup Properties (EGP) to $220 from $208, while maintaining a "Sector Perform" rating. This adjustment follows recent activities for EastGroup Properties, including a previous price target adjustment by Truist Securities and various financial updates such as …

ComEd, Solar Landscape and Public Storage Announce 60 New Rooftop Solar Sites Planned for Northern Illinois

ComEd, Solar Landscape, and Public Storage are partnering to develop 60 new rooftop community solar projects across northern Illinois, with 10 already active. These projects, totaling 44 MW, aim to boost grid capacity, lower energy costs for subscribers by an estimated $750,000 annually, and …

BofA Securities Maintains Extra Space Storage Inc(EXR.US) With Hold Rating, Raises Target Price to $160

BofA Securities has reiterated its "Hold" rating for Extra Space Storage Inc (EXR.US) and increased its target price for the company's shares to $160. This adjustment reflects the firm's updated valuation of the real estate investment trust.

Janus Henderson Group PLC Sells 29,658 Shares of Stag Industrial, Inc. $STAG

Janus Henderson Group PLC reduced its stake in Stag Industrial, Inc. by 2.5%, selling 29,658 shares and retaining 1.14 million shares valued at approximately $41.2 million. Other institutional investors have also recently adjusted their positions in the REIT, which collectively owns 88.67% of the …

BofA Securities Adjusts CubeSmart Price Target to $48 From $47

BofA Securities has raised its price target for CubeSmart (CUBE) from $47 to $48, as reported on August 3, 2026. This adjustment follows CubeSmart's recent Q2 2026 earnings call and updated earnings guidance for the fiscal year 2026. CubeSmart is a self-administered and self-managed …

Glenmede Trust Co. NA Reduces Stock Position in Stag Industrial, Inc. $STAG

Glenmede Trust Co. NA decreased its stake in Stag Industrial, Inc. by 8.1% in the first quarter, selling 30,362 shares but still holding 345,325 shares valued at $12.45 million. Other institutional investors like Norges Bank and UBS AM significantly increased their positions. Analyst ratings …

Bronstein, Gewirtz & Grossman, LLC Encourages Americold Realty Trust, Inc. (COLD) Investors to Inquire about Securities Investigation

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of investors in Americold Realty Trust, Inc. (COLD). This follows Americold's disclosure of a $305 million to $320 million non-cash impairment charge due to the termination and wind-down of operations at two retail …

COLD Investors Have Opportunity to Join Americold Realty Trust, Inc. Fraud Investigation with SBS Law

Schall, Brown & Schwartz LLP (SBS) has initiated an investigation into Americold Realty Trust, Inc. (NYSE: COLD) following the company's announcement of a significant non-cash impairment charge. This charge, estimated between $305 million and $320 million, is due to the termination and wind-down of …

Sei Investments Co. Has $8.58 Million Holdings in LXP Industrial Trust $LXP

Sei Investments Co. significantly reduced its stake in LXP Industrial Trust, selling 27% of its shares but still holding 185,390 shares valued at approximately $8.58 million. Despite this reduction, institutional ownership remains high, with other major firms like Goldman Sachs and Jane Street increasing …

Dimensional Fund Advisors LP Raises Stake in Americold Realty Trust Inc. $COLD

Dimensional Fund Advisors LP increased its stake in Americold Realty Trust Inc. by 8.0% in the first quarter, now owning 4,002,156 shares valued at $45,865,000. Other institutional investors also adjusted their holdings, with hedge funds and institutional investors collectively owning 98.14% of the company's …

Public Storage (PSA) Raises 2026 Guidance, Is The Stock Still Cheap?

Public Storage (PSA) recently raised its 2026 guidance, driven by increased occupancy, higher move-in rents, and strategic portfolio changes including acquisitions. While analysts view the stock as slightly undervalued at $324.17 against a fair value of $333.53, investors should consider potential risks such as …

Innovative Industrial Properties posts in-line Q2 earnings as it executes on strategy (IIPR:NYSE)

Innovative Industrial Properties Fully Funds $270M IQHQ Investment

Innovative Industrial Properties (NYSE:IIPR) Releases Earnings Results, Beats Estimates By $0.34 EPS

Rexford Industrial Realty (NYSE:REXR) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Rexford Industrial Realty, Inc. $REXR Shares Purchased by The Manufacturers Life Insurance Company

Rexford Industrial Realty (REXR) Could Be 5% Undervalued After New Shelf Filing

Did Public Storage’s Solar Push and NSA Deal Just Recast PSA’s Real Estate Income Strategy?

Residents of Multiple Communities Sue Lineage Inc. Over June Warehouse Fire

Multiple communities are suing Lineage Inc. over a June warehouse fire in Boyle Heights, alleging negative impacts on their lives and health from smoke, ash, and chemicals. The lawsuit seeks unspecified compensatory and punitive damages, citing public nuisance, negligence, trespass, and premises liability. Plaintiffs …

Industrial Logistics Properties Trust 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:ILPT) 2026-08-02

Industrial Logistics Properties Trust (ILPT) released its Q2 2026 earnings call presentation. This article, published by SA Transcripts, provides access to the slide deck presented during the call. The presentation details the company's financial results for the second quarter of 2026.

BRIEF-CubeSmart Q2 EPS USD 0.39

CubeSmart (CUBE) reported its Q2 Earnings Per Share (EPS) as USD 0.39. This brief financial update provides key information about the company's performance for the quarter. The full article can be accessed through TradingView.

Segall Bryant & Hamill LLC Cuts Stock Position in First Industrial Realty Trust, Inc. $FR

Segall Bryant & Hamill LLC reduced its stake in First Industrial Realty Trust (NYSE:FR) by 8.8% in the first quarter, selling over 31,000 shares but still owning 322,965 shares valued at $18.7 million. Despite this reduction, institutional ownership remains high at 99.85%, with other …

Segall Bryant & Hamill LLC Has $22.40 Million Holdings in Prologis, Inc. $PLD

Segall Bryant & Hamill LLC reduced its stake in Prologis, Inc. (NYSE:PLD) by 4.9% in Q1 2026, still holding 169,441 shares valued at $22.4 million. Prologis reported strong Q1 earnings, beating revenue and EPS estimates, with revenue up 11% year-over-year. Analysts generally maintain a …

Stag Industrial Earnings Call Highlights Resilient Momentum

Stag Industrial's Q2 earnings call revealed an optimistic outlook for the industrial real estate market, citing strong tenant demand, robust leasing spreads, and steady FFO growth. The company reported a 3.2% year-over-year increase in core FFO per share and raised its 2026 guidance, supported …

Glenmede Trust Co. NA Buys 13,780 Shares of Prologis, Inc. $PLD

Glenmede Trust Co. NA increased its stake in Prologis, Inc. by 13.2% in Q1, acquiring an additional 13,780 shares, bringing its total holdings to 117,999 shares valued at $15.6 million. Other institutional investors also adjusted their positions in PLD. Prologis reported strong Q1 2026 …

Edgestream Partners L.P. Sells 26,490 Shares of EastGroup Properties, Inc. $EGP

Edgestream Partners L.P. significantly reduced its stake in EastGroup Properties, selling 26,490 shares, representing a 64.7% decrease. Despite this sale, institutional investors collectively hold a dominant 92.14% of the REIT. The company reported strong financial results, beating EPS estimates and showing a 9% year-over-year …

Edgestream Partners L.P. Trims Stock Holdings in Stag Industrial, Inc. $STAG

Edgestream Partners L.P. significantly reduced its stake in Stag Industrial, Inc. by 43.1% in the first quarter, selling over 65,000 shares but retaining 86,216 shares valued at $3.1 million. Despite institutional investors owning a large portion of the REIT, analyst sentiment is mixed, with …