Power REIT (PW)
| Market Cap | 145.23M |
| Revenue (ttm) | 5.31M |
| Net Income (ttm) | 2.65M |
| Shares Out | 2.76M |
| EPS (ttm) | 0.96 |
| PE Ratio | 45.06 |
| Forward PE | n/a |
| Dividend | $1.94 |
| Dividend Yield | 4.48% |
| Trading Day | May 7 |
| Last Price | $43.26 |
| Previous Close | $43.33 |
| Change ($) | -0.07 |
| Change (%) | -0.16% |
| Day's Open | 43.16 |
| Day's Range | 43.16 - 45.00 |
| Day's Volume | 22,830 |
| 52-Week Range | 12.24 - 51.95 |
Power REIT (NYSEAMERICAN:PW) has reported first-quarter 2021 earnings per share of $0.33, a 275% year-over-year increase as the company continued to make accretive acquisitions to boost its bottom line....
Net Income Per Share Increased 267% - Core FFO Per Share Increased 142%
Power REIT (NYSEAMERICAN:PW) announced that it has acquired 4.0 acres of land, consisting of two adjacent property parcels, in Crowley County, Colorado through its wholly-owned PropCo subsidiary for sus...
Enters into Long-Term Lease with Cloud Nine Farms – a Minority Owned Business
Power REIT (NYSEAMERICAN:PW) saw its 4Q revenue climb 121% year-over-year to $1.4 million as accretive acquisitions boosted both the company's top and bottom lines. Power REIT's Funds From Operations (...
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, a...
Power REIT (NYSEAMERICAN:PW) announced Friday it had acquired an additional 2.2 acres in Colorado for greenhouse cannabis cultivation. The specialized real estate investment trust said the land parcel i...
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 Crowl...
The case for Innovative Industrial Properties.
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 Pr...
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...
Old Bethpage, New York, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it has acquired a 37,000 square foot state-of-the art g...
Old Bethpage, NY, Jan. 29, 2021 (GLOBE NEWSWIRE) -- Power REIT ("Power REIT," "we," "our," or the "Company;" NYSE American: PW and PW.PRA), today announced the estimated Federal income tax treatment of ...
Old Bethpage, New York, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it has extended the date for the expiration of the clos...
Power REIT saw an improvement in its IBD SmartSelect Composite Rating Tuesday, from 94 to 97. The post Power REIT Receives IBD Stock Rating Upgrade appeared first on Investor's Business Daily.
Old Bethpage, New York, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it has extended the date for the expiration of the clos...
The average REIT had a negative monthly return in 7 of the 12 months of 2020, with a 3.48% total return in December. Mid cap (+4.5%) and micro cap REITs (+3.45%) outperformed in December, while small ca...
Enters into Long-Term Lease with The Apotheke – a Minority Woman-Owned Business
Old Bethpage, New York, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it acquired two properties with a total of 4.21 acres i...
Establishes Subscription Price per Common Share of $26.50
Old Bethpage, New York, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it intends to conduct a rights offering (the “Rights Of...
High Flyers: Cannabis REITs have been far-and-away the best-performing property sector for the second year in a row in 2020, soaring more than 150% despite the ongoing pandemic. Marijuana has continued ...
Old Bethpage, New York, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it acquired a 2.11 acre parcel in Crowley County, Color...
Greystone Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. Greystone is a privately held investment company. The investment firm seeks to simplify and add va...
Old Bethpage – New York, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Power REIT (NYSE - AMEX: PW and PW.PRA) (“Power REIT or the “Company”) today reported its financial and operating results for the three and nin...
Old Bethpage, New York, Oct. 16, 2020 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it acquired two parcels in Crowley County, Colorado (th...
Tenant Implements State-Of-The-Art Aeroponics Growing System
Old Bethpage, New York, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW) (“Power REIT” or the “Trust”) today announced that it has acquired a 3.0 acre property in York County, Maine (the ...
Power REIT is a REIT specializing in acquiring and managing Controlled Environment Agriculture assets for cannabis growers.
More Diversified Organization, FFO Growth and Acquisitions Expected to Fuel Future Growth
Publishes Updated Investor Presentation
Old Bethpage, New York, May 01, 2020 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW) (“Power REIT” or the “Trust”) today announced that it has entered into an agreement for a 5,040 square-foot greenhou...
Old Bethpage, New York, March 20, 2020 (GLOBE NEWSWIRE) -- Power REIT (NYSE American: PW) announces that it has completed the acquisition of 5.2 acre property in southern Colorado for the construction...
Publishes Updated Investor Presentation
Old Bethpage, NY, Jan. 29, 2020 (GLOBE NEWSWIRE) -- Power REIT ("Power REIT," "we," "our," or the "Company;" NYSE American: PW), today announced the estimated Federal income tax treatment of the Compa...
Old Bethpage, NY, Nov. 25, 2019 (GLOBE NEWSWIRE) -- Power REIT (NYSE American: PW) announced that it closed on a $15,500,000 financing to fund acquisitions.
Old Bethpage, NY, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Power REIT (NYSE American: PW) today reported its results for the quarter ended September 30, 2019.
About PW
Power REIT is a real estate investment trust (REIT) that owns real estate related to infrastructure assets including properties for Controlled Environment Agriculture, Renewable Energy and Transportation. Power REIT is actively seeking to expand its real estate portfolio related to Controlled Environment Agriculture.
| Industry REIT-Specialty | |
| CEO David Lesser | Employees 3 |
| Stock Exchange NYSEAMERICAN | Ticker Symbol PW |
Financial Performance
In 2020, Power REIT's revenue was $4.27 million, an increase of 95.92% compared to the previous year's $2.18 million. Earnings were $2.17 million, an increase of 129.37%.