- The Daily REITBeat
- Posts
- The Daily REITBeat | Thursday, April 30th, 2026
The Daily REITBeat | Thursday, April 30th, 2026
"A Deluge of Earnings"
David Auerbach
April 30, 2026
Various Initiatives and Website Links
Hoya Capital: www.hoyacapital.com
4800 Partners (REIT IR/Marketing/PR/Story Telling): www.4800partners.com
All the REIT Jobs Website: www.allthereitjobs.com
B-A-N-D Visual Storytelling: www.b-a-n-d.com/reit
REIT TV: www.reittv.com
REIT Academy: https://reitacademy.com/
Futures in the green at the time of this writing as talking heads
From Bloomberg
"Stocks fluctuated as investors dissected a deluge of earnings, including from four of the Magnificent Seven tech giants. The yen rallied sharply after Japanese officials stepped up verbal support for the currency.
Nasdaq 100 contracts edged up as Alphabet Inc. rallied more than 7% in premarket trading after beating expectations, while Amazon.com Inc. rose after its report. Microsoft Corp. dropped as growth in its cloud-computing business fell short of high expectations. Meta Platforms Inc. fell amid concerns over its spending plans.
Equity markets turned higher as global benchmark Brent crude oil erased an intraday jump of as much as 7.1% to above $126 a barrel. Axios had reported that President Donald Trump was slated to receive a briefing Thursday on new plans for potential military action in Iran, clouding hopes for an imminent peace agreement.
From swings in oil prices to a divided Federal Reserve keeping rates on hold and impressive megacap tech earnings, traders are grappling with a barrage of whipsawing headlines. That’s testing a global equity rally that has wiped out war-related losses and pushed US markets to new highs as investors still look for signs of an end to the conflict."
In REIT News
Raymond James upgrades EQIX to Strong Buy from Market Perform ($1250 price target)
Ladenburg Thalmann upgrades AKR to Buy from Neutral (raise price target by $2 to $24)
BNL, CUZ, EQIX, ESRT, FCPT, FPI, ILPT, INVH, IRM, IRT, KIM, MAA, MPT, NNN, REG, SBAC, SBRA, UDR, VICI announced quarterly earnings while CPT, CUBE, DRH, HR, INN, PDM, PK, RHP, SAFE, SKT, UMH, WY announce after the close of trading and FRT, XHR announce tomorrow morning before the open
CUZ authorized the repurchase of up to $500 million of its outstanding common stock under its share repurchase program increasing the total authorization under the program by $250 million
VNO authorized the repurchase of up to $300 million of its outstanding common shares under a new share repurchase program where under its existing $200 million share repurchase program, Vornado has repurchased 6,929,439 of its common shares at an average price of $25.80/share and has approximately $21 million of remaining capacity under that prior program
UDR approved an increase in the frequency of the Company’s common stock dividend payment from quarterly to monthly which reflects an annualized dividend amount of $1.74/share of common stock which equates to an annualized dividend yield of approximately 5% based on the closing price of its common stock as of April 28, 2026
FRMI announced the appointment of Rob L. Masson II as Interim Chief Financial Officer
Download today’s Daily REIT Beat here!
|
Welcome your comments and feedback.
Have a great day!
David Auerbach
David Auerbach boasts over two decades of experience in the securities industry, specializing as an institutional trader with a focus on Real Estate Investment Trusts (REITs), Equity and Preferred stocks, MLPs, ETFs, and Closed End Funds.
Based in Dallas, TX throughout his entire career, David currently serves as the Chief Investment Officer for Hoya Capital, managing the Hoya Housing 100 ETF (Ticker: HOMZ) and The High Yield Dividend ETF (Ticker: RIET). Additionally, he acts as a consultant with 4800 Partners focusing on corporate access in the REIT industry.
Previously, David held the position of Managing Director at Armada ETF Advisors, the sub-advisor for the Residential REIT ETF (Ticker: HAUS) and The Private Real Estate Strategy via Liquid REITs ETF (Ticker: REAI).
David's industry journey includes roles at World Equity Group, Esposito Securities, and Green Street Advisors where he got his start in the REIT industry. At Esposito Securities, he played a crucial role in building the REIT/Real Estate platform and worked extensively with institutional investors, Equity REITs, and ETF issuers.
Throughout his career, David has been quoted by reputable publications such as Bloomberg, WSJ, Financial Times, Barron’s, Commercial Observer, Bisnow, CoStar, REIT.com, and GlobeSt.com. He has also made notable appearances as a featured guest on networks like Yahoo Finance, Schwab Network, and Bloomberg.
David holds a BBA in Finance from the University of Texas at Austin (May 1999) and an MBA in Finance from Southern Methodist University (May 2005). He maintains FINRA Series 7, 24, 55, and 63 registrations.
In his leisure time, David is an avid traveler, often found crisscrossing the country in pursuit of attending as many Phish concerts as possible.