Millrose Properties Reports Third Quarter 2026 Financial Results
Millrose Properties reported record Q3 2026 net income of $130 million, or $0.78 per share, on total revenues of $211.0 million, up from $0.63 EPS a year earlier. AFFO of $0.80 per share marked a sixth consecutive quarterly increase, and management raised the Q4 AFFO run-rate outlook to $0.82-$0.84 per share while the board authorized a new $250 million buyback.
Key figures
- Eps
- 0.78
- Revenue
- 211000000
- Guidance
- Q4 2026 AFFO run rate raised to $0.82-$0.84 per share
- Revenue Yoy
- 17.7%
- Affo
- 133500000
- Net income
- 130000000
- Communities
- 834
- Total assets
- 10600000000
- Affo per share
- 0.8
- Corporate debt
- 3100000000
- Homesites owned
- 156729
- Portfolio yield
- 9.3%
- Invested capital
- 9245400000
- Buyback authorization
- 250000000
- Debt to capitalization
- 36%
- Counterparties ex lenar
- 21
- Affo per share prior year
- 0.74
- Quarterly dividend per share
- 0.79
- Lennar homesites under option
- 6300000000
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.