Boardwalk REIT trades 15% below summer levels despite robust AFFO growth and strong operational performance. Q3 AFFO per share rose 11% to C$1.07, with full-year guidance hiked to a midpoint of C$3.985, up 12% year-over-year. Management prioritizes buybacks, acquiring C$37 million of stock YTD at a 35% NAV discount, enhancing per-share value.
Boardwalk Real Estate Investment Trust ( BEI.UN:CA ) Q3 2025 Earnings Call November 5, 2025 1:00 PM EST Company Participants John Bowers - Vice President of Finance & Investor Relations Sam Kolias - Chairman & CEO Samantha Kolias-Gunn - Senior VP of Corporate Development and Governance & Non-Independent Trustee Gregg Tinling - Chief Financial Officer Samantha Adams - Senior Vice President of Investments James Ha - President & Director Conference Call Participants Jonathan Kelcher - TD Cowen, Research Division Michael Markidis - BMO Capital Markets Equity Research Kyle Stanley - Desjardins Securities Inc., Research Division Bradley Sturges - Raymond James Ltd., Research Division Sairam Srinivas - Cormark Securities Inc., Research Division Mario Saric - Scotiabank Global Banking and Markets, Research Division Khing Shan - RBC Capital Markets, Research Division Matt Kornack - National Bank Financial, Inc., Research Division Dean Wilkinson - CIBC Capital Markets, Research Division Presentation Operator Good afternoon, ladies and gentlemen, and welcome to the Boardwalk Real Estate Investment Trust Third Quarter 2025 Earnings Conference Call.
Boardwalk Real Estate Investment Trust (OTCPK:BOWFF) Q2 2025 Earnings Conference Call July 30, 2025 1:00 PM ET Company Participants Gregg Tinling - Chief Financial Officer James Ha - President & Director John Eric Bowers - Vice President of Finance & Investor Relations Sam Kolias - Chairman & CEO Samantha Adams - Senior Vice President of Investments Samantha A. Kolias-Gunn - Senior VP of Corporate Development and Governance & Non-Independent Trustee Conference Call Participants Bradley Sturges - Raymond James Ltd.
Boardwalk Real Estate Investment Trust (OTCPK:BOWFF) Q1 2025 Earnings Call May 7, 2025 1:00 PM ET Company Participants Eric Bowers - Investor Relations Sam Kolias - Chief Executive Officer James Ha - President Gregg Tinling - Chief Financial Officer Samantha Kolias-Gunn - Senior Vice President, Corporate Development and Governance Samantha Adams - Senior Vice President, Investments Conference Call Participants Fred Blondeau - Green Street Jonathan Kelcher - TD Cowen Mike Markidis - BMO Brad Sturges - Raymond James Kyle Stanley - Desjardins Jimmy Shan - RBC Capital Markets Operator Good afternoon, ladies and gentlemen, and welcome to the Boardwalk Real Estate Investment Trust First Quarter 2025 Earnings Call. [Operator Instructions] This call is being recorded on May 7, 2025.
Boardwalk Real Estate Investment Trust (OTCPK:BOWFF) Q4 2024 Earnings Conference Call February 21, 2025 1:00 PM ET Company Participants Eric Bowers - VP, Finance and Investor Relations Sam Kolias - CEO James Ha - President Gregg Tinling - CFO Samantha Kolias-Gunn - SVP, Corporate Development and Governance Samantha Adams - SVP, Investments Conference Call Participants Frank Liu - BMO Capital Markets Jonathan Kelcher - TD Cowen Brad Sturges - Raymond James Kyle Stanley - Desjardins Jamie Shan - RBC Capital Markets Matt Kornack - National Bank Financial Sairam Srinivas - Cormark Securities Operator Good afternoon, ladies and gentlemen. And welcome to the Boardwalk Real Estate Investment Trust Fourth Quarter 2024 Earnings Call [Operator Instructions].
We initially underestimated Boardwalk REIT's strong fundamentals and missed its outperformance due to high exposure to non-rent controlled markets. The stock has retraced to where we had put the Sell rating. We examine the setup today as the stock trades 30% below estimated NAV.
Boardwalk Real Estate Investment Trust (OTCPK:BOWFF) Q3 2024 Results Conference Call November 6, 2024 1:00 PM ET Company Participants Eric Bowers - Vice President of Finance and Investor Relations Sam Kolias - Chairman and Chief Executive Officer Samantha Kolias-Gunn - Senior Vice President of Corporate Development and Governance Gregg Tinling - Chief Financial Officer Samantha Adams - Senior Vice President of Investments James Ha - President Conference Call Participants Fred Blondeau - Green Street Dean Wilkinson - CIBC Jonathan Kelcher - TD Cowen Sairam Srinivas - Cormark Securities Brad Sturges - Raymond James Michael Markidis - BMO Capital Markets Jimmy Shan - RBC Capital Markets Kyle Stanley - Desjardins Matt Kornack - National Bank Financial Operator Good afternoon, ladies and gentlemen, and welcome to the Boardwalk Real Estate Investment Trust Third Quarter 2024 Earnings Call. At this time, all lines are in listen only mode.
Boardwalk Real Estate Investment Trust (OTCPK:BOWFF) Q2 2024 Earnings Conference Call July 31, 2024 1:00 PM ET Company Participants Eric Bowers - Vice President of Finance and Investor Relations Sam Kolias - Chairman and Chief Executive Officer James Ha - President Lisa Smandych - Chief Financial Officer Gregg Tinling - Incoming Chief Financial Officer Samantha Kolias-Gunn - Senior Vice President of Corporate Development and Governance Samantha Adams - Senior Vice President of Investments Conference Call Participants Frank Liu - BMO Capital Markets Jonathan Kelcher - TD Cowen Kyle Stanley - Desjardins Sairam Srinivas - Cormark Securities Mario Saric - Scotiabank Jimmy Shan - RBC Capital Markets Gaurav Mathur - Green Street Matt Kornack - National Bank Financial Tim Wilkinson - CIBC Brad Sturges - Raymond James Operator Good afternoon, ladies and gentlemen. And welcome to the Boardwalk Real Estate Investment Trust Second Quarter 2024 Earnings Call.