trending Market Intelligence /marketintelligence/en/news-insights/trending/XEN1NXK6Lb17OGa8XN4ywA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Industrial, residential REITs expected to report growth in Q4 FFO per share

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview


Industrial, residential REITs expected to report growth in Q4 FFO per share

Consensus S&P Global Market Intelligence estimates forecast regional mall and hotel real estate investment trusts to report the largest year-over-year decline in funds from operations per share in the fourth quarter, at 9.2% and 8.4% on a median basis, respectively.

In the mall sector, Simon Property Group Inc.'s consensus FFO-per-share estimate is $2.95 for the fourth quarter, 8.7% below the $3.23 per share reported by the REIT for the year-ago period and 3.3% below the $3.05 per share for the third quarter of 2019.

Taubman Centers Inc. has a consensus estimate of 87 cents per share, a 1-cent-gain year over year, but 1 cent lower than its earnings per share the quarter prior.

Macerich Co. and Pennsylvania Real Estate Investment Trust, meanwhile, are expected to report year-over-year declines in FFO per share of 9.6% and 24.1%, respectively.

On the other hand, consensus analyst estimates indicate the industrial and residential sectors will report the largest increases year over year in FFO per share, at medians of 6.4% and 4.6%, respectively.

Prologis Inc., the largest industrial REIT by market capitalization, is expected to report FFO of 84 cents per share, a 5.0% gain year over year.

Cannabis-oriented Innovative Industrial Properties Inc. followed, with its consensus estimate for the fourth quarter up 174.5% over year-ago results.

SNL Image