PW News and Press, Power REIT From 03/24/21

Power REIT (PW): Q4 GAAP EPS of $0.40; Core FFO of $0.51.Revenue of $1.39M (+120.6% Y/Y)Press Release For further details see: Power REIT reports Q4 results

Old Bethpage – New York, March 24, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE - American: PW and PW.PRA) (“Power REIT” or the “Trust”), with a focused “Triple Bottom Line” commitment to profit, planet, and people, today is providing an update ...

Old Bethpage, New York, March 12, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it has acquired an additional 2.2 acre parcel in Crowley County, Colorado (the “Property”) through a ...

PW has an asset portfolio consisting of 3 types of properties. The company has shifted focus to cannabis properties and has been acquiring over 10 properties in the last few years. At current valuation, the company is trading at a small discount to fair value. For further de...

SPACs have been off to a great start this year with 176 IPOs and over $83 billion raised year-to-date. 2021s pace is blistering with an average of 3.2 SPAC IPOs per day. At this rate, SPAC IPOs could exceed 2020 numbers by March 19th. For further details see: PropTech SP...

Old Bethpage, New York, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it has entered into a lease amendment with The Grail Project LLC (“Grail Project”) to fund the expansi...

U.S. equity markets rallied to all-time highs this past week, propelled by a historically strong slate of corporate earnings, encouraging coronavirus trends, and economic data showing muted inflationary pressure in early 2021. Adding to its nearly-5% rally in the prior week, ...

Gainers: Lion Group Holding (LGHL) +34%. Power REIT (PW) +16%. Cowen (COWN) +13%. Atlantic American (AAME) +12%.Losers: Comstock Holding Companies (CHCI) -9%. Zanite Acquisition (ZNTE) -7%. United Fire Group (UFCS) -7%. Fusion Acquisition (FUSE) -6%. Zanite Acquisition (ZNTEU) -6%. For furt...

We're now at the halfway point of another newsworthy REIT earnings season. Results thus far have generally been better than expected as dividend cuts have given way to dividend boosts. Rents paid, dividends raised: 18 equity REITs have boosted their dividend this year, the majority of...

Old Bethpage, New York, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) announced today the closing of its previously announced rights offering (the “Rights Offering”) which expired at 5:00 p.m.,...