Strawberry Fields REIT (STRW)
Market Price (8/18/2026): $13.93 | Market Cap: $187.4 MilSector: Real Estate | Industry: Health Care REITs
Strawberry Fields REIT (STRW)
Market Price (8/18/2026): $13.93Market Cap: $187.4 MilSector: Real EstateIndustry: Health Care REITs
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.3%, Dividend Yield is 4.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.9%, FCF Yield is 45% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 18% Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 54% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 52%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 52% Low stock price volatilityVol 12M is 32% Megatrend and thematic driversMegatrends include Aging Population & Chronic Disease. Themes include Geriatric Care. | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 416% Key risksSTRW key risks include [1] an extremely high, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.3%, Dividend Yield is 4.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.9%, FCF Yield is 45% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 18% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 54% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 52%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 52% |
| Low stock price volatilityVol 12M is 32% |
| Megatrend and thematic driversMegatrends include Aging Population & Chronic Disease. Themes include Geriatric Care. |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 416% |
| Key risksSTRW key risks include [1] an extremely high, Show more. |
Qualitative Assessment
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Strawberry Fields REIT (STRW) stock has gained about 10% since 4/30/2026 because of the following key factors:
1. Robust Operational Performance and Rental Income Growth.
Strawberry Fields REIT demonstrated strong operational stability by collecting 100% of its contractual rents in fiscal Q2 2026. The company reported a 5.5% year-over-year increase in rental income, reaching $40.0 million for fiscal Q2 2026, up from $37.9 million in fiscal Q2 2025. This was further supported by a healthy tenant EBITDA-to-rent coverage ratio of 2.17x, indicating reliable income streams.
2. Enhanced Financial Flexibility through a New Credit Facility.
On June 18, 2026, Strawberry Fields REIT closed on a new $300 million corporate credit facility, which includes a $100 million term loan and a $200 million revolving line of credit. This facility, priced at SOFR + 2.75%, enables the company to refinance existing secured bank debt and provides significant capital for future acquisition growth, aligning it more closely with its peers and offering greater financial flexibility.
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Strawberry Fields REIT (STRW) stock has gained about 10% since 4/30/2026 because of the following key factors:
1. Robust Operational Performance and Rental Income Growth.
Strawberry Fields REIT demonstrated strong operational stability by collecting 100% of its contractual rents in fiscal Q2 2026. The company reported a 5.5% year-over-year increase in rental income, reaching $40.0 million for fiscal Q2 2026, up from $37.9 million in fiscal Q2 2025. This was further supported by a healthy tenant EBITDA-to-rent coverage ratio of 2.17x, indicating reliable income streams.
2. Enhanced Financial Flexibility through a New Credit Facility.
On June 18, 2026, Strawberry Fields REIT closed on a new $300 million corporate credit facility, which includes a $100 million term loan and a $200 million revolving line of credit. This facility, priced at SOFR + 2.75%, enables the company to refinance existing secured bank debt and provides significant capital for future acquisition growth, aligning it more closely with its peers and offering greater financial flexibility.
3. Strategic Portfolio Expansion and Strong Acquisition Pipeline.
The company announced a contracted acquisition on April 21, 2026, for a hospital campus near Kansas City, Missouri, for $10.4 million, expected to close in fiscal Q3 2026. This acquisition is projected to add $1.04 million in annual base rents with 3% annual increases. Furthermore, management indicated a robust acquisition pipeline exceeding $225 million and targets $100 million to $150 million in total acquisitions for 2026, with expectations to close at least $130 million towards year-end. This strategy underpins a projected 2026 Adjusted Funds From Operations (AFFO) per share growth of 10.1%.
4. Sustainable Dividend and Capacity for Reinvestment.
Strawberry Fields REIT's Board of Directors declared a fiscal Q3 2026 cash dividend of $0.17 per share. The company maintains a low Adjusted Funds From Operations (AFFO) payout ratio of approximately 50.6%, which allows for the retention of significant internal cash flow to fund accretive acquisitions while still providing consistent returns to shareholders.
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Stock Movement Drivers
Fundamental Drivers
The 11.4% change in STRW stock from 4/30/2026 to 8/17/2026 was primarily driven by a 8.5% change in the company's Net Income Margin (%).| (LTM values as of) | 4302026 | 8172026 | Change |
|---|---|---|---|
| Stock Price ($) | 12.21 | 13.60 | 11.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 155 | 160 | 3.1% |
| Net Income Margin (%) | 4.9% | 5.3% | 8.5% |
| P/E Multiple | 21.2 | 21.6 | 2.0% |
| Shares Outstanding (Mil) | 13 | 13 | -2.4% |
| Cumulative Contribution | 11.4% |
Market Drivers
4/30/2026 to 8/17/2026| Return | Correlation | |
|---|---|---|
| STRW | 11.4% | |
| Market (SPY) | 7.5% | 0.2% |
| Sector (XLRE) | 1.0% | 22.7% |
Fundamental Drivers
The 6.3% change in STRW stock from 1/31/2026 to 8/17/2026 was primarily driven by a 9.9% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 1312026 | 8172026 | Change |
|---|---|---|---|
| Stock Price ($) | 12.79 | 13.60 | 6.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 145 | 160 | 9.9% |
| Net Income Margin (%) | 4.8% | 5.3% | 9.7% |
| P/E Multiple | 23.7 | 21.6 | -8.7% |
| Shares Outstanding (Mil) | 13 | 13 | -3.4% |
| Cumulative Contribution | 6.3% |
Market Drivers
1/31/2026 to 8/17/2026| Return | Correlation | |
|---|---|---|
| STRW | 6.3% | |
| Market (SPY) | 12.0% | 7.1% |
| Sector (XLRE) | 8.9% | 16.2% |
Fundamental Drivers
The 39.3% change in STRW stock from 7/31/2025 to 8/17/2026 was primarily driven by a 36.0% change in the company's Net Income Margin (%).| (LTM values as of) | 7312025 | 8172026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.76 | 13.60 | 39.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 127 | 160 | 26.3% |
| Net Income Margin (%) | 3.9% | 5.3% | 36.0% |
| P/E Multiple | 24.1 | 21.6 | -10.5% |
| Shares Outstanding (Mil) | 12 | 13 | -9.4% |
| Cumulative Contribution | 39.3% |
Market Drivers
7/31/2025 to 8/17/2026| Return | Correlation | |
|---|---|---|
| STRW | 39.3% | |
| Market (SPY) | 23.3% | 14.7% |
| Sector (XLRE) | 11.0% | 15.7% |
Fundamental Drivers
The 126.9% change in STRW stock from 7/31/2023 to 8/17/2026 was primarily driven by a 88.1% change in the company's P/E Multiple.| (LTM values as of) | 7312023 | 8172026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.99 | 13.60 | 126.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 89 | 160 | 79.9% |
| Net Income Margin (%) | 3.5% | 5.3% | 53.4% |
| P/E Multiple | 11.5 | 21.6 | 88.1% |
| Shares Outstanding (Mil) | 6 | 13 | -56.3% |
| Cumulative Contribution | 126.9% |
Market Drivers
7/31/2023 to 8/17/2026| Return | Correlation | |
|---|---|---|
| STRW | 126.9% | |
| Market (SPY) | 74.7% | 14.3% |
| Sector (XLRE) | 28.9% | 13.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| STRW Return | - | - | -5% | 44% | 30% | 8% | 93% |
| Peers Return | -8% | -1% | 17% | 27% | 21% | 10% | 82% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 14% | 107% |
Monthly Win Rates [3] | |||||||
| STRW Win Rate | - | - | 45% | 75% | 67% | 62% | |
| Peers Win Rate | 50% | 55% | 53% | 70% | 53% | 55% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| STRW Max Drawdown | - | - | - | -27% | -23% | -11% | |
| Peers Max Drawdown | -26% | -24% | -18% | -14% | -10% | -16% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: OHI, CTRE, SBRA, LTC, NHI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/17/2026 (YTD)
How Low Can It Go
| Event | STRW | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.0% | -18.8% |
| % Gain to Breakeven | 17.7% | 23.1% |
| Time to Breakeven | 83 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -20.1% | -7.8% |
| % Gain to Breakeven | 25.2% | 8.5% |
| Time to Breakeven | 14 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -13.7% | -9.5% |
| % Gain to Breakeven | 15.9% | 10.5% |
| Time to Breakeven | 10 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -31.8% | -6.7% |
| % Gain to Breakeven | 46.6% | 7.1% |
| Time to Breakeven | 363 days | 31 days |
In The Past
Strawberry Fields REIT's stock fell -15.0% during the 2025 US Tariff Shock. Such a loss loss requires a 17.7% gain to breakeven.
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Asset Allocation
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| Event | STRW | S&P 500 |
|---|---|---|
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -20.1% | -7.8% |
| % Gain to Breakeven | 25.2% | 8.5% |
| Time to Breakeven | 14 days | 18 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -31.8% | -6.7% |
| % Gain to Breakeven | 46.6% | 7.1% |
| Time to Breakeven | 363 days | 31 days |
In The Past
Strawberry Fields REIT's stock fell -15.0% during the 2025 US Tariff Shock. Such a loss loss requires a 17.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Strawberry Fields REIT (STRW)
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- Skilled Nursing Facility (SNF) Real Estate Leasing: Strawberry Fields REIT leases properties specifically designed and equipped for skilled nursing care to healthcare operators.
- Assisted Living Facility (ALF) Real Estate Leasing: Strawberry Fields REIT leases properties that provide residential care and support services for seniors to healthcare operators.
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- Marcum LLP
- Alston & Bird LLP
- Truist Bank (TFC)
- KeyBank National Association (KEY)
- Fifth Third Bank, National Association (FITB)
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Moishe Gubin, Chairman, CEO and Founder
Moishe Gubin has served as the Chief Executive Officer and a director of Strawberry Fields REIT since its organization, and as Chairman of the Board since June 2021. He previously served as the Chief Executive Officer of the Predecessor Company since 2014 and as the Co-Chief Executive Officer and Chairman of the Board of the BVI Company since 2015. From 2004 to 2014, Mr. Gubin was the Chief Financial Officer and a manager of Infinity Healthcare Management, LLC, a company involved in managing skilled nursing and other healthcare facilities. Mr. Gubin is a licensed certified public accountant in New York. He is also the founder of the Midwest Torah Center Inc., a non-profit spiritual outreach center, and serves as a director of OptimumBank Holdings, Inc.
Greg Flamion, Chief Financial Officer
Greg Flamion joined Strawberry Fields REIT as Chief Financial Officer in January 2024. Prior to this, he was the CFO of Zimmerman Advertising, an agency under Omnicom Group Inc. (NYSE: OMC), from 2014 to 2023. Mr. Flamion has also held various accounting and finance positions at publicly traded companies, including Diageo (NYSE: DEO) and Bristol Myers Squibb (NYSE: BMY). He holds a degree in Economics from Purdue University and an MBA from the University of Florida, and is a licensed Certified Public Accountant in Indiana.
Jeffrey Bajtner, Chief Investment Officer and Chief Operating Officer
Jeffrey Bajtner has served as Strawberry Fields REIT's Chief Investment Officer since March 2022, having joined the company in June 2021 to oversee all acquisition and disposition activities. He also serves as the Director of Investor Relations. From 2015 until joining Strawberry Fields REIT, Mr. Bajtner was responsible for acquisitions and asset management at BlitzLake Partners, a Chicago-based real estate developer. Earlier in his career, from 2012 to 2015, he worked with the asset management and capital market teams at NorthStar Realty Finance Corp.
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Key Risks to Strawberry Fields REIT (STRW)
Strawberry Fields REIT (STRW) faces several key risks inherent to its business model as a self-administered real estate investment trust primarily focused on skilled nursing facilities (SNFs). These risks include significant revenue concentration and reliance on related-party leases, high sensitivity to interest rate fluctuations, and sector-specific challenges such as regulatory changes and potential property obsolescence.
- Concentration Risk and Related-Party Leases: A substantial portion of Strawberry Fields REIT's annualized base rent, between 46.5% and 48.6%, is derived from 66 facilities leased to related-party tenants affiliated with its chairman, CEO, and one director. Furthermore, approximately 88.7% of its annualized base rent is tied to 15 master leases, with seven of these individually accounting for more than 5% of base rent. This heavy reliance on a limited number of tenants and master leases, particularly those with related parties where leases were not negotiated on an arm's-length basis, heightens default risk and raises concerns about potential conflicts of interest. Defaults under these master leases or tenant misconduct could significantly impact multiple facilities, materially harming revenues, property values, and shareholder distributions.
- Interest Rate Sensitivity: As a real estate investment trust, Strawberry Fields REIT is highly sensitive to changes in the risk-free rate. Rising interest rates can increase the cost of borrowing for future acquisitions and refinancing existing debt, potentially impacting the company's profitability and growth prospects. The company's low interest coverage ratio of 1.65 further amplifies this risk, raising concerns about its ability to meet interest obligations in a rising rate environment.
- Regulatory Changes in Healthcare and Property Obsolescence: Strawberry Fields REIT operates within the highly regulated healthcare real estate sector, particularly skilled nursing facilities. Changes in healthcare regulations, reimbursement policies (such as Medicare and Medicaid programs, which constitute a significant portion of tenant revenue), or licensing requirements could adversely affect its tenants' financial viability and, consequently, STRW's rental income. Additionally, the properties, primarily skilled nursing facilities, face the ongoing risk of potential obsolescence due to evolving healthcare delivery models, patient preferences, or technological advancements. While significant capital investments by tenants may partially mitigate this, it remains a long-term challenge in maintaining the competitiveness and value of the portfolio.
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Strawberry Fields REIT (STRW) primarily focuses on the ownership, acquisition, development, and leasing of skilled nursing facilities (SNFs), assisted living facilities (ALFs), and long-term acute care hospitals (LTACHs) across various U.S. states.
The addressable market for these services within the United States is substantial and growing. The U.S. healthcare real estate market, which encompasses these property types, was an estimated $1,324.52 billion in 2024 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.2% through the forecast period.
More specifically, spending on skilled nursing facility (SNF) care in the U.S. for the aging population is projected to increase from $181.6 billion in 2021 to $273 billion in 2030, demonstrating a CAGR of 4.63%. The senior living and retirement community sector, which includes assisted living facilities, is also experiencing significant growth, with a projected CAGR of 7.7% from 2024 to 2030 in the U.S. This growth is largely fueled by the increasing demand from the aging baby boomer population.
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Here are 3-5 expected drivers of future revenue growth for Strawberry Fields REIT (STRW) over the next 2-3 years:
- Strategic Acquisitions of Healthcare Facilities: Strawberry Fields REIT has a consistent strategy of acquiring skilled nursing and other healthcare-related properties. The company has a strong acquisition pipeline, with significant investments in 2025 across multiple states like Kentucky, Missouri, Kansas, Oklahoma, and Texas, which substantially increased annual rental income. Management has indicated plans to continue pursuing accretive acquisitions, with an anticipated good volume in early 2026 and expectations for approximately $150 million in new deals for 2025 that exceeded projections.
- Built-in Annual Rent Escalators: The company's business model relies on long-term triple-net leases for its properties, which include contractual annual rent escalations, typically ranging from 1% to 3%. These embedded escalators provide a predictable and recurring source of organic revenue growth across its extensive portfolio of 142 healthcare facilities.
- Strategic Re-tenanting and New Master Leases: Revenue growth is also driven by the strategic re-tenanting of leases and the establishment of new master lease agreements. For example, the re-tenanting of the Landmark master lease into the Kentucky master lease in January 2025 was a significant factor in the 2025 revenue increase, contributing $23.3 million in annual base rent for 10 properties.
- Favorable Demographic Trends in Senior Healthcare: Strawberry Fields REIT operates in a sector with strong demographic tailwinds. The aging population in the U.S. is expected to significantly increase the demand for skilled nursing care and assisted living facilities over the next two decades. This sustained demand supports the company's strategy, underpins the robust fundamentals for its properties, and creates ongoing opportunities for expansion and stable rent collection. Spending on skilled nursing facility (SNF) care alone is projected to grow from $181.6 billion in 2021 to $273 billion by 2030, reflecting a compound annual growth rate of 4.63%.
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Inbound Investments
- In June 2025, Strawberry Fields REIT issued approximately $89.5 million in unsecured Series B Bonds on the Tel Aviv Stock Exchange.
Outbound Investments
- Total real estate investments made by Strawberry Fields REIT in 2025 amounted to $112.1 million.
- Key acquisitions in 2025 included six facilities in Kansas for $24.0 million, nine skilled nursing facilities in Missouri for $59.0 million, and three facilities in Oklahoma and Missouri for a combined $12.55 million.
- In December 2024, the company completed an $87.5 million acquisition of facilities located in Missouri.
Peer Outperformance in Health Care REITs
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Health Care REITs ← | 14 | 21.3% | 63.1% | 62.2% | WELL 215% · DHC 152% · CTRE 132% |
| Retail REITs | 22 | 21.2% | 41.2% | 44.2% | IVT 1641% · SKT 189% · SPG 126% |
| Real Estate Development | 6 | 2.8% | 18.9% | 24.5% | AXR 68% · JOE 64% · FOR 47% |
| Other Specialized REITs | 11 | 5.2% | 20.0% | 21.5% | IRM 249% · LAMR 80% · EPR 79% |
| Hotel & Resort REITs | 16 | 39.2% | 35.4% | 14.4% | RHP 97% · HST 89% · DRH 66% |
| Industrial REITs | 11 | 23.2% | 27.1% | 8.8% | EGP 37% · FR 31% · PLD 23% |
| Single-Family Residential REITs | 3 | 3.3% | 5.6% | -9.5% | AMH -5% · ELS -9% · INVH -13% |
| Diversified REITs | 12 | 15.6% | 29.3% | -10.1% | CTO 84% · EPRT 26% · WPC 25% |
| Multi-Family Residential REITs | 14 | 1.0% | 8.5% | -12.9% | AIV 31% · ESS 7% · BRT 6% |
| Real Estate Services | 27 | -15.1% | -3.3% | -22.5% | MDRR 660% · CHCI 236% · CBRE 61% |
| Office REITs | 18 | 7.0% | 23.8% | -30.1% | PSTL 60% · CDP 60% · SLG 9% |
| Telecom Tower REITs | 3 | -15.2% | -12.6% | -44.3% | AMT -29% · SBAC -44% · CCI -51% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Strawberry Fields REIT Earnings Notes | 12/16/2025 | |
| With Strawberry Fields REIT Stock Surging, Have You Considered The Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 39.88 |
| Mkt Cap | 4.3 |
| Rev LTM | 442 |
| Op Inc LTM | 178 |
| FCF LTM | 310 |
| FCF 3Y Avg | 263 |
| CFO LTM | 310 |
| CFO 3Y Avg | 269 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 21.1% |
| Rev Chg 3Y Avg | 16.5% |
| Rev Chg Q | 29.3% |
| QoQ Delta Rev Chg LTM | 6.7% |
| Op Inc Chg LTM | 12.4% |
| Op Inc Chg 3Y Avg | 13.2% |
| Op Mgn LTM | 49.5% |
| Op Mgn 3Y Avg | 52.4% |
| QoQ Delta Op Mgn LTM | -2.2% |
| CFO/Rev LTM | 54.7% |
| CFO/Rev 3Y Avg | 57.4% |
| FCF/Rev LTM | 54.7% |
| FCF/Rev 3Y Avg | 56.0% |
Price Behavior
| Market Price | $13.60 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 02/22/2023 | |
| Distance from 52W High | -7.0% | |
| 50 Days | 200 Days | |
| DMA Price | $13.71 | $12.76 |
| DMA Trend | up | up |
| Distance from DMA | -0.8% | 6.6% |
| 3M | 1YR | |
| Volatility | 23.2% | 32.3% |
| Downside Capture | 25.57 | 52.11 |
| Upside Capture | 43.92 | 70.02 |
| Correlation (SPY) | -0.9% | 12.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.17 | -0.05 | 0.02 | 0.16 | 0.41 | 0.39 |
| Up Beta | -0.42 | -0.24 | -0.47 | -0.40 | 0.13 | 0.66 |
| Down Beta | -0.78 | -0.95 | -0.61 | -0.10 | -0.01 | 0.31 |
| Up Capture | 89% | 67% | 72% | 49% | 77% | 14% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 11 | 26 | 37 | 67 | 132 | 374 |
| Down Capture | 39% | 5% | 9% | 38% | 58% | 26% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 10 | 15 | 24 | 56 | 113 | 314 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with STRW | |
|---|---|---|---|---|
| STRW | 34.5% | 32.5% | 0.94 | - |
| Sector ETF (XLRE) | 12.0% | 14.2% | 0.57 | 16.6% |
| Equity (SPY) | 20.9% | 12.8% | 1.21 | 12.8% |
| Gold (GLD) | 32.1% | 28.5% | 0.97 | 1.5% |
| Commodities (DBC) | 40.1% | 20.2% | 1.55 | -3.0% |
| Real Estate (VNQ) | 14.2% | 13.9% | 0.72 | 19.6% |
| Bitcoin (BTCUSD) | -46.9% | 42.7% | -1.37 | 12.3% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with STRW | |
|---|---|---|---|---|
| STRW | 14.4% | 42.3% | 0.60 | - |
| Sector ETF (XLRE) | 2.5% | 19.2% | 0.03 | 12.4% |
| Equity (SPY) | 13.3% | 17.2% | 0.60 | 12.6% |
| Gold (GLD) | 20.2% | 18.5% | 0.89 | 2.4% |
| Commodities (DBC) | 10.3% | 19.6% | 0.41 | 4.5% |
| Real Estate (VNQ) | 2.2% | 18.9% | 0.01 | 14.2% |
| Bitcoin (BTCUSD) | 6.3% | 52.7% | 0.31 | 7.4% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with STRW | |
|---|---|---|---|---|
| STRW | 7.0% | 42.3% | 0.60 | - |
| Sector ETF (XLRE) | 6.3% | 20.4% | 0.26 | 12.4% |
| Equity (SPY) | 15.3% | 17.9% | 0.73 | 12.6% |
| Gold (GLD) | 12.3% | 16.2% | 0.62 | 2.4% |
| Commodities (DBC) | 7.8% | 18.1% | 0.35 | 4.5% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | 14.2% |
| Bitcoin (BTCUSD) | 60.0% | 66.1% | 1.00 | 7.4% |
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Returns Analyses
Earnings Returns History
Updated 8/6/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/19/2026 | 3.0% | 1.0% | 0.1% |
| 2/27/2025 | -7.3% | -3.8% | -3.3% |
| 11/8/2024 | -0.1% | -7.8% | -17.4% |
| 8/12/2024 | -7.2% | 7.8% | 12.8% |
| 5/14/2024 | 0.3% | 1.2% | 10.4% |
| 11/14/2023 | 0.3% | 8.6% | 11.4% |
| 8/15/2023 | 2.2% | 3.0% | -9.8% |
| 5/15/2023 | -1.9% | 2.1% | 2.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 5 | 6 | 5 |
| # Negative | 4 | 3 | 4 |
| Median Positive | 1.4% | 2.5% | 10.4% |
| Median Negative | -4.5% | -5.1% | -13.6% |
| Max Positive | 3.0% | 8.6% | 12.8% |
| Max Negative | -7.3% | -7.8% | -20.3% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/19/2026 | 3.0% | 1.0% | 0.1% |
| 2/27/2025 | -7.3% | -3.8% | -3.3% |
| 11/8/2024 | -0.1% | -7.8% | -17.4% |
| 8/12/2024 | -7.2% | 7.8% | 12.8% |
| 5/14/2024 | 0.3% | 1.2% | 10.4% |
| 11/14/2023 | 0.3% | 8.6% | 11.4% |
| 8/15/2023 | 2.2% | 3.0% | -9.8% |
| 5/15/2023 | -1.9% | 2.1% | 2.6% |
| 3/9/2023 | 1.4% | -5.1% | -20.3% |
| SUMMARY STATS | |||
| # Positive | 5 | 6 | 5 |
| # Negative | 4 | 3 | 4 |
| Median Positive | 1.4% | 2.5% | 10.4% |
| Median Negative | -4.5% | -5.1% | -13.6% |
| Max Positive | 3.0% | 8.6% | 12.8% |
| Max Negative | -7.3% | -7.8% | -20.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 03/19/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/13/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/12/2024 | 10-Q |
| 03/31/2024 | 05/14/2024 | 10-Q |
| 12/31/2023 | 03/19/2024 | 10-K |
| 09/30/2023 | 11/13/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 03/27/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 03/19/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/13/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/12/2024 | 10-Q |
| 03/31/2024 | 05/14/2024 | 10-Q |
| 12/31/2023 | 03/19/2024 | 10-K |
| 09/30/2023 | 11/13/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 03/27/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 09/08/2022 | 10-Q |
| 12/31/2021 | 03/28/2022 | S-11 |
Insider Activity
Updated 7/24/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Gertz, Stanford | Direct | Buy | 3312026 | 12.52 | 1,395 | 17,465 | 27,719 | Form | |
| 2 | Gertz, Stanford | Direct | Buy | 3312026 | 12.89 | 392 | 5,053 | 10,557 | Form | |
| 3 | Bajtner, Jeffrey | Chief Investment Officer | Direct | Buy | 1292026 | 13.10 | 1,431 | 18,746 | 47,226 | Form |
| 4 | Flamion, Greg Curtis | Chief Financial Officer | Direct | Buy | 1292026 | 13.10 | 1,431 | 18,746 | 43,924 | Form |
| 5 | Gubin, Moishe | CEO | By: Gubin Enterprises Limited | Buy | 8272025 | 11.77 | 200 | 2,354 | 9,694,337 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Gertz, Stanford | Direct | Buy | 3312026 | 12.52 | 1,395 | 17,465 | 27,719 | Form | |
| 2 | Gertz, Stanford | Direct | Buy | 3312026 | 12.89 | 392 | 5,053 | 10,557 | Form | |
| 3 | Bajtner, Jeffrey | Chief Investment Officer | Direct | Buy | 1292026 | 13.10 | 1,431 | 18,746 | 47,226 | Form |
| 4 | Flamion, Greg Curtis | Chief Financial Officer | Direct | Buy | 1292026 | 13.10 | 1,431 | 18,746 | 43,924 | Form |
| 5 | Gubin, Moishe | CEO | By: Gubin Enterprises Limited | Buy | 8272025 | 11.77 | 200 | 2,354 | 9,694,337 | Form |
| 6 | Gubin, Moishe | CEO | By: Gubin Enterprises Limited | Buy | 7222025 | 10.48 | 1,000 | 10,480 | 8,629,735 | Form |
| 7 | Levine, Jack | Cameo Life Sciences Investment, LLC | Buy | 7092025 | 9.92 | 10,000 | 99,200 | 1,289,600 | Form |
Industry Resources
| Real Estate Resources |
| The Real Deal |
| Commercial Observer |
| Inman |
| Health Care REITs Resources |
| Healthcare Real Estate Insights |
| Seniors Housing Business |
| RevistaMed |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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