American Finance Trust, Inc. (Nasdaq: AFIN) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S.
IPO Year:
Exchange: NASDAQ
Website: americanfinancetrust.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/7/2022 | $12.00 | Buy | Aegis Capital |
| 12/21/2021 | $11.00 | Neutral → Buy | Colliers Securities |
NEW YORK, Feb. 1, 2022 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN" or the "Company") announced today it will release its financial results for the fourth quarter and year ended December 31, 2021 on Wednesday, February 23, 2022 after the close of trading on the Nasdaq. The Company will host a conference call and audio webcast on Thursday, February 24, 2022, beginning at 11:00 a.m. ET, to discuss the fourth quarter and full year results and provide commentary on business performance. The call will be conducted by AFIN's management team and a question and a
NEW YORK, Jan. 18, 2022 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN" or the "Company") announced today that a replay of a podcast interview with Michael Weil, CEO of the Company, is now available on the Company's website (www.americanfinancetrust.com) and directly at the link below: https://www.reit.com/news/podcasts/american-finance-trust-strengthens-commitment-brick-and-mortar-retail About American Finance Trust, Inc. soon to be rebranded The Necessity Retail REIT Where America ShopsAmerican Finance Trust, Inc. (NASDAQ:AFIN) is a publicly traded real e
NEW YORK, Jan. 11, 2022 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN" or the "Company") announced today that it acquired 69 retail properties for a total of $179.9 million1 during the year ended December 31, 2021, based on contract purchase price. The Company also announced that leases at nine properties in its single tenant portfolio were extended during 2021, adding approximately $7.2 million in net straight-line rent over the new lease terms. Additionally, the Company signed 167 new leases or lease renewals2 totaling 1.7 million square feet with tenants in its open-air shopping center portfolio.
NEW YORK, Jan. 7, 2022 /PRNewswire/ -- On January 6, 2022, American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN" or the "Company") completed the previously announced disposition of its non-core portfolio of three office buildings leased to Sanofi S.A. for $261 million (the "Sanofi Sale"), representing a 6.38% cash capitalization rate1 and a $10 million increase from its original purchase price. On a Pro Forma basis as of September 30, 20212 the Sanofi Sale reduced the Company's exposure to office assets to 1% from 7%, based on Pro Forma annualized straight-line rent ("SLR"). "Th
NEW YORK, Jan. 3, 2022 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN") announced today that it intends to continue to pay dividends on its shares of Class A common stock at an annualized rate of $0.85 per share or $0.2125 per share on a quarterly basis. AFIN anticipates paying dividends authorized by its board of directors on its shares of Class A common stock on a quarterly basis in arrears on the 15th day of the first month following the end of each fiscal quarter (unless otherwise specified) to Class A common stock holders of record on the record date for such payment.
NEW YORK, Dec. 22, 2021 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN") announced today that it intends to continue to pay dividends on a quarterly basis on its 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A Preferred Stock") at an annualized rate of $1.875 per share or $0.46875 per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable in arrears to Series A Preferred Stock holders of record at the close of business on the applicable record date and payable on the 15th day of the first month of each fiscal quarter (or, if not a business day, the next succeeding business day).
Proceeds to be used to pay down debt and invest in senior secured loans and credit leases CIM Real Estate Finance Trust, Inc. ("CMFT") announced today that it has entered into an agreement to sell all of its shopping centers to American Finance Trust, Inc. (("AFIN, NASDAQ:AFIN) for up to $1.27 billion in total cash consideration, $53.4 million in AFIN stock, and additional consideration based on certain performance measures of the subject sites during the period ending 180 days post-closing. The transaction is expected to close during the first quarter of 2022. "This transaction represents a key milestone as CMFT sharpens its focus on its core business as a credit REIT that invests princi
NEW YORK, Dec. 20, 2021 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN" or the "Company") announced today that the Company, through its Operating Partnership, entered into a definitive agreement to acquire a portfolio of 81 Multi-tenant Power, Anchored and Grocery Centers2 (the "Transaction") from certain subsidiaries of CIM Real Estate Finance Trust, Inc. for $1.3 billion, representing a 7.19% cash capitalization rate3. The Company also announced that it entered into a definitive agreement to dispose of a non-core portfolio of three office buildings leased to Sanofi S.A. for $261 million, representing a 6.38% cash capitalization rate and a $10 million increase from its or
NEW YORK, Nov. 3, 2021 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN" or the "Company"), a real estate investment trust focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S., announced today its financial and operating results for the third quarter ended September 30, 2021. Third Quarter 2021 Highlights Revenue grew 17.1% to $91.9 million from $78.5 million for the third quarter 2020, inclusive of a $10.4 million lease buy
NEW YORK, Oct. 20, 2021 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN" or the "Company") announced today it will release its financial results for the third quarter ended September 30, 2021 on Wednesday, November 3, 2021 after the close of trading on the Nasdaq. The Company will host a conference call and audio webcast on Thursday, November 4, 2021, beginning at 11:00 a.m. ET, to discuss the third quarter and provide commentary on business performance. The call will be conducted by AFIN's management team and a question and answer session with analysts and i
NEW YORK, Feb. 1, 2022 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN" or the "Company") announced today it will release its financial results for the fourth quarter and year ended December 31, 2021 on Wednesday, February 23, 2022 after the close of trading on the Nasdaq. The Company will host a conference call and audio webcast on Thursday, February 24, 2022, beginning at 11:00 a.m. ET, to discuss the fourth quarter and full year results and provide commentary on business performance. The call will be conducted by AFIN's management team and a question and a
NEW YORK, Jan. 3, 2022 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN") announced today that it intends to continue to pay dividends on its shares of Class A common stock at an annualized rate of $0.85 per share or $0.2125 per share on a quarterly basis. AFIN anticipates paying dividends authorized by its board of directors on its shares of Class A common stock on a quarterly basis in arrears on the 15th day of the first month following the end of each fiscal quarter (unless otherwise specified) to Class A common stock holders of record on the record date for such payment.
NEW YORK, Dec. 22, 2021 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN") announced today that it intends to continue to pay dividends on a quarterly basis on its 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A Preferred Stock") at an annualized rate of $1.875 per share or $0.46875 per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable in arrears to Series A Preferred Stock holders of record at the close of business on the applicable record date and payable on the 15th day of the first month of each fiscal quarter (or, if not a business day, the next succeeding business day).
NEW YORK, Nov. 3, 2021 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN" or the "Company"), a real estate investment trust focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S., announced today its financial and operating results for the third quarter ended September 30, 2021. Third Quarter 2021 Highlights Revenue grew 17.1% to $91.9 million from $78.5 million for the third quarter 2020, inclusive of a $10.4 million lease buy
NEW YORK, Oct. 20, 2021 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN" or the "Company") announced today it will release its financial results for the third quarter ended September 30, 2021 on Wednesday, November 3, 2021 after the close of trading on the Nasdaq. The Company will host a conference call and audio webcast on Thursday, November 4, 2021, beginning at 11:00 a.m. ET, to discuss the third quarter and provide commentary on business performance. The call will be conducted by AFIN's management team and a question and answer session with analysts and i
NEW YORK, Oct. 1, 2021 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN") announced today that it intends to continue to pay dividends on its shares of Class A common stock at an annualized rate of $0.85 per share or $0.2125 per share on a quarterly basis. AFIN anticipates paying dividends authorized by its board of directors on its shares of Class A common stock on a quarterly basis in arrears on the 15th day of the first month following the end of each fiscal quarter (unless otherwise specified) to Class A common stock holders of record on the record date for such payment.
NEW YORK, Sept. 24, 2021 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN") announced today that it intends to continue to pay dividends on a quarterly basis on its 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A Preferred Stock") at an annualized rate of $1.875 per share or $0.46875 per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable in arrears to Series A Preferred Stock holders of record at the close of business on the applicable record date and payable on the 15th day of the first month of each fiscal quarter (or, if not a business day, the next succeeding business day).
NEW YORK, Aug. 4, 2021 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN" or the "Company"), a real estate investment trust focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S., announced today its financial and operating results for the second quarter ended June 30, 2021. Second Quarter 2021 and Subsequent Event Highlights Revenue grew 8.9% to $81.6 million from $74.9 million for the second quarter 2020 Net loss attributable to commo
NEW YORK, July 1, 2021 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN") announced today that it intends to continue to pay dividends on its shares of Class A common stock at an annualized rate of $0.85 per share or $0.2125 per share on a quarterly basis. AFIN anticipates paying dividends authorized by its board of directors on its shares of Class A common stock on a quarterly basis in arrears on the 15th day of the first month following the end of each fiscal quarter (unless otherwise specified) to Class A common stock holders of record on the record date for such payment.
NEW YORK, June 22, 2021 /PRNewswire/ -- American Finance Trust, Inc. (NASDAQ:AFIN) ("AFIN") announced today that it intends to continue to pay dividends on a quarterly basis on its 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A Preferred Stock") at an annualized rate of $1.875 per share or $0.46875 per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable in arrears to Series A Preferred Stock holders of record at the close of business on the applicable record date and payable on the 15th day of the first month of each fiscal quarter (or, if not a business day, the next succeeding business day).
4 - American Finance Trust, Inc (0001568162) (Issuer)
4 - American Finance Trust, Inc (0001568162) (Issuer)
4 - American Finance Trust, Inc (0001568162) (Issuer)
4 - American Finance Trust, Inc (0001568162) (Issuer)
4 - American Finance Trust, Inc (0001568162) (Issuer)
4 - American Finance Trust, Inc (0001568162) (Issuer)
3 - American Finance Trust, Inc (0001568162) (Issuer)
4 - American Finance Trust, Inc (0001568162) (Issuer)
4 - American Finance Trust, Inc (0001568162) (Issuer)
Aegis Capital initiated coverage of American Finance Trust with a rating of Buy and set a new price target of $12.00
Colliers Securities upgraded American Finance Trust from Neutral to Buy and set a new price target of $11.00
Colliers Securities initiated coverage of American Finance Trust with a rating of Neutral and set a new price target of $10.00
B. Riley reiterated coverage of American Finance Trust with a rating of Buy and set a new price target of $11.00 from $9.00 previously
NEW YORK, Jan. 1, 2021 /PRNewswire/ -- American Finance Trust, Inc. (Nasdaq: AFIN/ AFINP / AFINO) ("AFIN") announced today that it intends to continue to pay dividends on its shares of Class A common stock at an annualized rate of $0.85 per share or $0.2125 per share on a quarterly basis. AFIN anticipates paying dividends authorized by its board of directors on its shares of Class A common stock on a quarterly basis in arrears on the 15th day of the first month following the end of each fiscal quarter (unless otherwise specified) to common stock holders of record on the record date for such payment. Accordingly, AFIN declared a dividend of $0.2125 per share of Class A common stock payable
D - Necessity Retail REIT, Inc. (0001568162) (Filer)
8-K - Necessity Retail REIT, Inc. (0001568162) (Filer)
8-K - American Finance Trust, Inc (0001568162) (Filer)
8-K - American Finance Trust, Inc (0001568162) (Filer)
8-K - American Finance Trust, Inc (0001568162) (Filer)
8-K - American Finance Trust, Inc (0001568162) (Filer)
8-K - American Finance Trust, Inc (0001568162) (Filer)
8-K - American Finance Trust, Inc (0001568162) (Filer)
8-K - American Finance Trust, Inc (0001568162) (Filer)
8-K - American Finance Trust, Inc (0001568162) (Filer)
SC 13G/A - American Finance Trust, Inc (0001568162) (Subject)
SC 13G/A - American Finance Trust, Inc (0001568162) (Subject)
SC 13G/A - American Finance Trust, Inc (0001568162) (Subject)
SC 13G/A - American Finance Trust, Inc (0001568162) (Subject)
Upgrades For Enova International Inc (NYSE:ENVA), Maxim Group upgraded the previous rating of Hold to Buy. For the fourth quarter, Enova International had an EPS of $1.61, compared to year-ago quarter EPS of $2.39. The current stock performance of Enova International shows a 52-week-high of $44.43 and a 52-week-low of $23.88. Moreover, at the end of the last trading period, the closing price was at $41.22. Argus Research upgraded the previous rating for Nasdaq Inc (NASDAQ:NDAQ) from Hold to Buy. For the fourth quarter, Nasdaq had an EPS of $1.93, compared to year-ago quarter EPS of $1.60. The current stock performance of Nasdaq shows a 52-week-high of $214.96 and a 52-week-low of $135.57.
Aegis Capital analyst Brian Hollenden initiates coverage on American Finance Trust (NASDAQ:AFIN) with a Buy rating and announces Price Target of $12.
Tuesday marks the last chance for investors to receive the next dividend payout from American Finance Trust. What's Happening (NASDAQ:AFIN) announced on Monday that it would pay shareholders a monthly dividend of $0.2125 per share. On Wednesday, American Finance Trust will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.2125 lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own AFIN as of the end of Tuesday's session are eligible to receive the $0.2125 dividen
Colliers Securities analyst Barry Oxford upgrades American Finance Trust (NASDAQ:AFIN) from Neutral to Buy and announces $11 price target.