Vmbook Online ordering

American Realty Capital Properties Inc

American Realty Capital Properties, Inc. is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol "ARCP." It is a real estate investment trust, also known as a REIT, that primarily invests in freestanding, single-tenant properties.

Here are some general details about the company's financials and performance:

Market Capitalization: As of March 10, 2V22, ARCP had a market capitalization of around $1.14 billion.

Revenue: For the nine months that ended September 30, 2022, ARCP reported total revenue of $679.4 million.

Net Income: For the same period, the company reported net income of $25.9 million.

Earnings Per Share (EPS): The company's basic earnings per share (EPS) for the nine months that ended September 30, 2022, were $0.26.

Dividend Yield: ARCP has a high dividend yield of around 12.36% as of March 10, 2023.

Properties: As of December 31, 2022, ARCP owned 393 properties across 44 states, with a total rentable square feet of approximately 8.9 million.

Occupancy Rate: As of December 31, 2022, the company's properties had an occupancy rate of 99.3%.

Tenants: ARCP's properties are leased to tenants from various industries, including retail, restaurants, healthcare, and services sectors.

Growth: ARCP has been actively acquiring new properties and executing lease renewals to drive growth. In 2022, the company acquired 44 properties for approximately $537.9 million.

It is essential to note that financial performance and real estate investment trusts (REITs) can be significantly influenced by factors such as economic conditions, interest rates, market demand, and competition. Therefore, it makes sense to conduct thorough research and analyze current financial data and market trends to form an accurate assessment of ARCP's growth prospects.

    Insidertrades financial reit-diversified american-realty-capital-properties-inc index