FREIT Q1 2026 EPS $0.13 vs $0.08; AFFO $0.20; dividend raised to $0.10

FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.

2026-Q1 EPS reported $0.13 revenue$7,504,000

GAAP EPS $0.13, up $0.05 YoY; AFFO per share $0.20 vs $0.16.
Total revenue $7.5M, up 3.2% driven by residential rent increases.
Residential occupancy 95.5% (down from 96.8%); commercial occupancy 47.5% (down from 48.2%).
Dividend raised to $0.10/share for Q1, payable March 13, 2026.
$25M Preakness mortgage extended to May 1, 2026 while refinancing discussions continue.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. reported the fiscal quarter ended January 31, 2026 results: revenue Total real estate revenue increased 3.2% to approximately $7,504,000, net income Net income attributable to common equity ... was approximately $943,000 or $0.13 per share basic and diluted, EPS $0.13 per share basic and diluted.

Period: the fiscal quarter ended January 31, 2026
Revenue: Total real estate revenue increased 3.2% to approximately $7,504,000
Net income: Net income attributable to common equity ... was approximately $943,000 or $0.13 per share basic and diluted
EPS: $0.13 per share basic and diluted
Result: reported results

Exact text from the filing

Per Share $0.10 $0.08 Total Average Residential Occupancy 95.5% 96.8% Total Average Commercial Occupancy 47.5% 48.2% Results for the Quarter Total real estate revenue increased 3.2% to approximately $7,504,000 for the fiscal quarter ended January 31, 2026 compared to approximately $7,269,000 for the prior year’s comparable period. The increase in revenue

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FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. filing history →

Source: SEC EDGAR

accession 0001174947-26-000380

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