Power REIT (PW)
| Market Cap | 173.10M |
| Revenue (ttm) | 6.60M |
| Net Income (ttm) | 3.62M |
| Shares Out | 3.31M |
| EPS (ttm) | 1.42 |
| PE Ratio | 37.25 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 12,403 |
| Open | 52.50 |
| Previous Close | 52.10 |
| Day's Range | 52.50 - 53.99 |
| 52-Week Range | 17.78 - 59.95 |
| Beta | 0.12 |
| Analysts | Strong Buy |
| Price Target | 63.00 (+19.5%) |
| Est. Earnings Date | Oct 27, 2021 |
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.
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%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for Power REIT stock is "Strong Buy" and the 12-month stock price forecast is 63.00.
News
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Power REIT Acquires 556,146 Square Foot Cannabis Greenhouse Cultivation and Processing Facility for $18.4 Million in ...
The Greenhouse will be the Largest Cannabis Cultivation Facility in Michigan and one of the Largest in the United States
Acquisitions Drive Significant Year-Over-Year Growth
Net Income Per Share Increased 148%
Power REIT Expands its Colorado Controlled Environment Agriculture Footprint in Highly Accretive Transaction
Old Bethpage, New York, June 21, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it has acquired a 10-acre property in Crowley County, C...
Power REIT's Shares Plummet On Its Oklahoma Debut With New Greenhouse Cultivation Facility
Power REIT (NYSE-AMEX: PW) confirmed Friday it has bought a 9.35-acre property in Craig County, Oklahoma via its subsidiary PropCo for a total of $2.65 million. The property is based in northeast Oklaho...
Power REIT Acquires Greenhouse Cultivation Facility in Budding Oklahoma Market in Highly Accretive Transaction
Old Bethpage, New York, June 11, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it has acquired a 9.35-acre property in Craig County, O...
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Power REIT inks $18.5M deal to buy a Michigan cannabis greenhouse facility
Power REIT (NYSEAMERICAN:PW) announced it has signed an agreement to acquire 522,530 square feet (sq ft) of high-tech greenhouse and cannabis processing space in Michigan for a purchase price of about $...
Power REIT Signs Agreement to Acquire 522,530 Square Foot Greenhouse Cultivation and Processing Facility for $18.5 Mi...
Greenhouse w ill b e O perated as a Michigan Regulated Cannabis Cultivation and Processing Facility and will be the Largest of its kind in Michigan and one of the Largest in the Unite d States
Power REIT buys 35-acre Colorado property for cannabis cultivation and processing through a subsidiary
Power REIT (NYSEAMERICAN:PW) said it has acquired a 35-acre property located in southern Colorado, through a wholly-owned subsidiary, that it plans to use for cannabis cultivation and processing. The pr...
Power REIT Acquires Southern Colorado Greenhouse Cultivation and Processing Facility in Highly Accretive Transaction
Old Bethpage, New York, May 24, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it has acquired a 35-acre property located in Huerfano C...
Power REIT is generating predictable cash flow from its sustainable cannabis and food cultivation land investments
Predictable cash flow from long term triple net leased real estate Attractive funds from operations (FFO) multiple Sustainable pipeline of potential acquisitions What Power REIT does: Power REIT (NYSEAM...
Power REIT 1Q earnings per share surge 275% as acquisitions lift results
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....
Acquisitions Drive Year-Over-Year Growth
Net Income Per Share Increased 267% - Core FFO Per Share Increased 142%
Power REIT buys Colorado properties for sustainable cannabis cultivation
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...
Power REIT Acquires Properties in Colorado for Greenhouse Cannabis Cultivation in Highly Accretive Transaction
Enters into Long-Term Lease with Cloud Nine Farms – a Minority Owned Business
Power REIT 4Q revenue surges 121% to $1.4M as accretive acquisitions pay off
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 (...
POWER REIT PROVIDES UPDATE ON FOURTH QUARTER AND FULL YEAR 2020 FINANCIAL AND OPERATING 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, a...
Power REIT inks deal to acquire 2.2 acres for greenhouse cannabis cultivation in Colorado
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...
Power REIT Acquires Property in Colorado for Greenhouse Cannabis Cultivation in Highly Accretive Transaction
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...
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