Financial Sector Companies Report Quarterly Financial Results, Schedules, and Corporate Recognitions - Research Report on Lexington, Ares Capital, NorthStar Finance, iStar Financial, and Acadia Realty
NEW YORK, October 28, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Lexington Realty Trust (NYSE: LXP), Ares Capital Corporation (NASDAQ: ARCC), NorthStar Realty Finance Corp. (NYSE: NRF), iStar Financial Inc. (NYSE: SFI), and Acadia Realty Trust (NYSE: AKR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Lexington Realty Trust Research Report
On October 15, 2013, Lexington Realty Trust (Lexington) announced that it will release its Q3 2013 financial results on November 5, 2013, in the morning. According to Lexington, the Company will also conduct a teleconference at 11:00 a.m. ET on the same day. The Full Research Report on Lexington Realty Trust - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/a56d_LXP]
Ares Capital Corporation Research Report
On October 10, 2013, Ares Capital Corporation (Ares Capital) announced that it will report its Q3 2013 financial results on November 5, 2013. According to Ares Capital, the Company also invites all interested parties to attend its webcast/conference call at 12:00 p.m. ET to discuss the results. The Full Research Report on Ares Capital Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/1bc8_ARCC]
NorthStar Realty Finance Corp. Research Report
On October 16, 2013, NorthStar Realty Finance Corp. (NorthStar Finance) announced that it will host a conference call to discuss the Company's Q3 2013 financial results on November 1, 2013, at 10:00 a.m. ET. However, the Company informed that it will issue its Q3 2013 results through a press release on the same day, before the market opens. According to the Company, David T. Hamamoto, Chairman and CEO; Albert Tylis, President; Daniel R. Gilbert, Chief Investment and Operating Officer; and Debra A. Hess, CFO will host the call. The Full Research Report on NorthStar Realty Finance Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4db3_NRF]
iStar Financial Inc. Research Report
On October 23, 2013, iStar Financial Inc. (iStar Financial) announced that the Company's wholly owned loan servicing subsidiary, iStar Asset Services, Inc. (iStar Asset Services), has received two recognitions from Morningstar Credit Ratings, LLC (Morningstar Credit Ratings). According to the Company, iStar Asset Services has been assigned Morningstar Credit Ratings' highest ranking for commercial mortgage primary servicers of 'MOR CS1' and its second highest ranking for commercial mortgage special services of 'MOR CS2'. The Full Research Report on iStar Financial Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f84a_SFI]
Acadia Realty Trust Research Report
On October 22, 2013, Acadia Realty Trust (Acadia Realty) released its Q3 2013 operating results. Total revenues were up by 39.8% YoY to $40.3 million in Q3 2013. Net income attributable to common shareholders for Q3 2013 was $9.5 million or $0.17 per diluted share, compared to $7.6 million or $0.16 per diluted share in Q3 2012. Commenting on the results, Kenneth F. Bernstein, President and CEO of the Company, stated, "Our portfolio delivered another quarter of solid results. Importantly, our company, through its dual - core and fund - operating platforms, is well positioned for growth with its multifaceted value-creation capabilities. Over the past 12 months, we have either completed or are in the process of completing, more than $1 billion of transactions, including both strategic acquisitions and profitable asset sales. Additionally, tenant interest in the high-quality real estate within our existing portfolio remains strong, as exemplified by our core portfolio's 95.7% leased rate and the successful completion of the anchor leasing at Fund II's Downtown Brooklyn project. We remain convinced of the benefits of our location-driven capital-allocation strategy." The Full Research Report on Acadia Realty Trust - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7d59_AKR]
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