earnings
confidence high
sentiment positive
materiality 0.65
Strawberry Fields REIT FY2024 net income $26.5M, FFO $60.2M; declares $0.14 dividend
Strawberry Fields REIT, Inc.
2024-FY EPS reported
$0.57
revenue$117,058,000
- Net income $26.5M vs $20.2M in 2023; FFO $60.2M vs $49.5M; AFFO $55.8M vs $52.7M.
- Rental income $104.4M, up 17.3% YoY; 100% contractual rent collected.
- Acquired 15 healthcare facilities in 2024 for $130.3M, including 8 in Missouri ($87.5M) and 6 in Kansas ($24M closed Jan 2, 2025).
- Board declared $0.14/share dividend payable March 31, 2025 to holders of record March 17, 2025.
- Annual meeting set for May 1, 2025; portfolio now 130 facilities with 14,540 beds across 11 states.