Seeking Alpha

RAIT Financial tumbles post-earnings

  • Adjusted FFO of $0.34 gained 3% from a year ago, but missed estimates by $0.02. Adjusted book value per share of $6.23.
  • For the full year, AFFO of $1.29 per share increased 17% from 2012. Fee income of $28.8M up 125%. Total revenue of $246.9M up 23%. Loan originations of $602.9M up 61%.
  • Average effective rent in multifamily portfolio increased 4% to $756.
  • RAS -5.1%.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs