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Power REIT (PW)

Stock Price: $38.41 USD 0.16 (0.42%)
Updated Jul 26, 2021 4:00 PM EDT - Market closed
Market Cap 127.88M
Revenue (ttm) 5.31M
Net Income (ttm) 2.65M
Shares Out 2.76M
EPS (ttm) 1.21
PE Ratio 31.82
Forward PE n/a
Dividend $1.94
Dividend Yield 5.05%
Trading Day July 26
Last Price $38.41
Previous Close $38.25
Change ($) 0.16
Change (%) 0.42%
Day's Open 38.19
Day's Range 38.10 - 39.18
Day's Volume 6,494
52-Week Range 16.18 - 51.95

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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...

1 month ago - GlobeNewsWire

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...

1 month ago - Benzinga

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...

1 month ago - GlobeNewsWire

Cannabis is providing a new lease on life for real estate investment trusts.

1 month ago - The Motley Fool

Welcome back to our weekly series, Schaeffer's Cannabis Stock News Update, where we recap what happened in the world of marijuana stocks last week and look ahead to how the cannabis industry continues t...

Other stocks mentioned: ACB, CARA, EVGN, GNLN, GRWG, HEXO, IIPR ...
1 month ago - Schaeffers Research

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 $...

2 months ago - Proactive Investors

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

2 months ago - GlobeNewsWire

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...

2 months ago - Proactive Investors

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Proactive Investors

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....

2 months ago - Proactive Investors

Net Income Per Share Increased 267% - Core FFO Per Share Increased 142%

2 months ago - GlobeNewsWire

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...

3 months ago - Proactive Investors

Enters into Long-Term Lease with Cloud Nine Farms – a Minority Owned Business

3 months ago - GlobeNewsWire

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 (...

4 months ago - Proactive Investors

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Proactive Investors

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...

4 months ago - GlobeNewsWire

The case for Innovative Industrial Properties.

Other stocks mentioned: IIPR
5 months ago - The Motley Fool

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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.

6 months ago - Investors 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...

6 months ago - GlobeNewsWire

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...

Other stocks mentioned: AIRC, AIV, BBRE, CSR, DRN, DRV, FFR ...
6 months ago - Seeking Alpha

Enters into Long-Term Lease with The Apotheke – a Minority Woman-Owned Business

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

Establishes Subscription Price per Common Share of $26.50

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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 ...

Other stocks mentioned: IIPR
7 months ago - Seeking Alpha

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...

7 months ago - GlobeNewsWire

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...

8 months ago - Insider Monkey

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

Tenant Implements State-Of-The-Art Aeroponics Growing System

10 months ago - GlobeNewsWire

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 ...

10 months ago - GlobeNewsWire

Power REIT is a REIT specializing in acquiring and managing Controlled Environment Agriculture assets for cannabis growers.

11 months ago - Seeking Alpha

More Diversified Organization, FFO Growth and Acquisitions Expected to Fuel Future Growth

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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.

1 year ago - GlobeNewsWire

Old Bethpage, NY, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Power REIT (NYSE American: PW) today reported its results for the quarter ended September 30, 2019.

1 year ago - GlobeNewsWire

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
Full Company Profile

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 Statements

Analyst Forecasts

The average 12-month stock price forecast for Power REIT is 63.00, which is an increase of 64.02% from the latest price.

Price Target
$63.00
(64.02% upside)