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VEREIT® Announces Fourth Quarter and Full Year 2020 Operating Results
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Marriott Vacations Worldwide ( MVW ) Reports Fourth Quarter and Full Year 2020 Financial Results
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NEW YORK, Feb. 23, 2021 /PRNewswire/ MFA Financial, Inc. (NYSE: MFA) today provided its financial results for the fourth quarter ended December 31, 2020.
Fourth Quarter 2020 financial results update:
MFA generated fourth quarter net income of $37.6 million, or $0.08 per common share.
MFA paid a regular cash dividend for the fourth quarter of $0.075 per share of common stock on January 29, 2021.
GAAP book value at December 31, 2020 was $4.54 per common share, while Economic book value, a non-GAAP financial measure of MFA s financial position that adjusts GAAP book value by the amount of unrealized market value changes in residential whole loans held at carrying value for GAAP reporting, was $4.92 per common share at quarter-end.
Summit Hotel Properties Reports Fourth Quarter And Full Year 2020 Results
Credit Facility Covenant Waivers Extended Through March 31, 2022; Over $400 Million of Current Liquidity
Portfolio Achieves Second Consecutive Quarter of Hotel Profitability
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AUSTIN, Texas, Feb. 23, 2021 /PRNewswire/ Summit Hotel Properties, Inc. (NYSE: INN) (the Company ), today announced results for the fourth quarter and full year ended December 31, 2020. Hotel demand remained stable during the fourth quarter and combined with strong market share gains across our portfolio and the efficient operating model of our business, led to hotel-level profitability for the second consecutive quarter and positive Adjusted EBITDAre for the full year, said Jonathan P. Stanner, the Company s President and Chief Executive Officer. While 2020 was an extremely challenging year for our business, we took meaningful action in response which has positioned the
2 Key Reasons Why Bitcoin Bulls Expect Further Upside
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Bitcoin has seen strong gains over the past seven days. According to CoinGecko, the leading digital asset is up 16% in the past seven days, outperforming Ethereum and a number of other digital assets.
Despite this strong rally in the price of the leading digital asset, analysts are expecting further gains in the weeks ahead.
Here are a few reasons why this sentiment has been shared about Bitcoin.
Bitcoin is seeing strong demand from players like MicroStrategy and other corporate players.
Just this past week, it was revealed by the business services company that it will be raising nearly $1 billion to buy Bitcoin through the sale of corporate bonds. The firm announced on the matter:
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