RESI News and Press, Front Yard Residential Corporation From 11/09/20

U.S. equity markets surged by the most since April on an election week rally fueled by the mounting prospects of a divided government after the "Blue Wave" failed to materialize. Rebounding from their worst week since March, the S&P 500 surged by 7.2% this past week while the Dow ...

Flying under-the-radar during Election season, a frenzy of real estate earnings reports over the last three weeks have provided critical information on the state of the commercial real estate sector. Roughly two-thirds of the 170 equity REITs in our coverage universe beat consensus FF...

For Q3, Front Yard Residential (RESI) -1.3% PM,  reported rental revenues of $56.9M (+12.2% Y/Y, +3.3% Q/Q); stabilized rental leased percentage was 98.8%, up from 98.3% as of June 30, 2020 and 94.3% as of September 30, 2019.Blended rent growth was 4.7%, with renewal rent ...

Front Yard Residential (RESI): Q3 FFO of $0.19 beats by $0.05.Revenue of $56.9M (+12.1% Y/Y) beats by $1.25M.Stabilized rental leased percentage was 98.8%, up from 98.3% as of June 30, 2020 and 94.3% as of September 30, 2019.Press Release For further details see: Front Yard Residential ...

CHRISTIANSTED, U.S. Virgin Islands, Nov. 04, 2020 (GLOBE NEWSWIRE) -- Front Yard Residential Corporation (“Front Yard” or the “Company”) (NYSE: RESI) today announced its financial and operating results for the third quarter of 2020. Third Quarter 2020 Hig...

Apartment REITs saw their rally begin over the last few days. Their lowest point was reached in the panic following EQR's earnings release, but the information wasn't as bad as investors seem to believe. It was easy for many investors to misunderstand the decline in same-property ...

U.S. equity markets plunged by the most since March this week as a strong slate of economic data and corporate earnings was overwhelmed by pre-election jitters and amplified coronavirus concerns. A cascading wave of lockdowns across Europe rattled global equity markets while narrowing...

Did the rent get paid? We're at the halfway-point of another newsworthy REIT earnings season. Results thus far have been better-than-expected as dividend cuts have given way to dividend boosts. After 63 equity REITs and 32 mortgage REITs cut dividends in Q2, just three REITs have anno...

Pretium and American Equity Announce Strategic Partnership PR Newswire NEW YORK, Oct. 29, 2020 NEW YORK , Oct. 29, 2020 /PRNewswire/ -- Pretium today announced it entered into an expanded strategic partnership with American Equity Investment Life Insuran...

NEW YORK, NY / ACCESSWIRE / October 27, 2020 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating: GCI Liberty, Inc. (NASDAQ:GLIBA) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale...