BSR REIT Q2 revenue falls on property sales, suspends guidance

BSR Real Estate Investment Trust

06/08/2025 22:55

Overview

BSR REIT Q2 2025 rev, total portfolio declines 20.2% yr/yr due to property dispositions

FFO per unit falls 19.2%, AFFO per unit down 20.8% yr/yr

Co acquires Houston properties, aims to boost future revenue and NOI

Outlook

BSR REIT suspends guidance

Result Drivers

PROPERTY DISPOSITIONS - Revenue declined due to the sale of six properties, reducing revenue by $12.3 mln

RENTAL RATE IMPROVEMENT - Same Community rental rates showed a positive blended increase in July, first since Q3 2024

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted FFO
$8.40 mln
Q2 FFO
$9.20 mln
Q2 Adjusted FFO Per Share
$0.19
Q2 Net Asset Value
$653.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the residential reits peer group is "buy"

Wall Street's median 12-month price target for BSR Real Estate Investment Trust is $16.00, about 21.5% above its August 5 closing price of $12.56

The stock recently traded at 48 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nCNWjRB9Qa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)