STRW Strawberry Fields REIT
Price Chart
Executive Summary
Strawberry Fields REIT reported Q1 2026 AFFO of $0.34 per share, in line with the $0.34 consensus, and rental revenue of $40.0M slightly below the $40.3M estimate. The company also announced a $300M corporate credit facility and an $8.6M hospital campus acquisition, which are positive for growth but do not change the near-term earnings trajectory.
Actionable Insight
Monitor the closing of the $300M CCF in Q2 2026, which could lower interest costs and fund further acquisitions. The in-line quarter suggests limited near-term stock catalyst; watch for acquisition pipeline updates and the impact of the new credit facility on leverage.
Key Facts
- AFFO per share of $0.34 matched the $0.34 consensus estimate
- Rental revenue of $40.0M was 0.7% below the $40.3M consensus
- Signed term sheet for a $300M Corporate Credit Facility (CCF) expected to close in Q2 2026
- Post-quarter acquisition of a hospital campus near Kansas City for $8.6M, adding $860K in annual base rent
- Net income rose to $9.5M from $7.0M year-over-year, driven by rental revenue growth of 7.1%
Financial Impact
No material earnings surprise; the $300M CCF and $8.6M acquisition are growth catalysts but not yet closed
Risk Factors
- Execution risk on the $300M CCF closing and terms
- Tenant concentration in skilled nursing facilities with regulatory exposure
- Interest rate risk on floating-rate SOFR +2.75% facility
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3290926 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 20, 2026
20d ago
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424B5
| $13.27 $13.12 | ▲ +1.13% | ▲ +2.98% | $13.06 (+1.58%) |
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May 20, 2026
20d ago
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8-K
| $13.27 $13.12 | ▼ −1.13% | ▼ −2.98% | $13.06 (−1.58%) |
|
May 8, 2026
4w ago
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8-K
| $12.82 $13.13 | ▲ +2.42% | ▲ +0.95% | $13.06 (+1.87%) |
|
May 8, 2026
4w ago
|
Press Release
| $12.82 $13.13 | ▲ +2.42% | ▲ +0.95% | $13.06 (+1.87%) |
|
May 8, 2026
4w ago
|
Press Release
| $12.82 $13.13 | ▲ +2.42% | ▲ +0.95% | $13.06 (+1.87%) |
|
Apr 24, 2026
6w ago
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Press Release
| $12.37 $12.37 | · 0.00% | ▼ −0.91% | $13.06 (+5.58%) |
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Apr 24, 2026
6w ago
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EFFECT
| $12.37 $12.37 | · 0.00% | ▼ −0.91% | $13.06 (+5.58%) |
|
Apr 15, 2026
7w ago
|
S-3
| $12.45 $12.45 | · 0.00% | ▼ −0.98% | $13.06 (+4.90%) |
US Market Status
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