Quarterly ResultNov 2, 2026, 04:12 PM
Janus Living Q3 FFO as Adjusted Up 46% to $0.25; Acquires $1.75B in Communities
AI Summary
Janus Living, Inc. announced its financial results for the third quarter and nine months ended September 30, 2026. The company reported a net loss of $(0.02) per share for the quarter, but saw a significant 46% increase in FFO as Adjusted to $0.25 per share. Revenues surged 78% to $268 million, driven by substantial acquisition activity, including 33 senior housing communities for $1.75 billion. Janus Living also raised its full-year 2026 FFO as Adjusted guidance and declared a quarterly dividend.
Key Highlights
- Janus Living reported Q3 2026 net loss of $(0.02) per share, compared to $0.01 in Q3 2025.
- FFO as Adjusted increased 46% to $0.25 per share in Q3 2026.
- Consolidated revenues grew 78% to $268 million in Q3 2026.
- Acquired 33 senior housing communities for approximately $1.75 billion in Q3 2026.
- Completed a follow-on offering generating approximately $513 million in net proceeds.
- Upsized unsecured revolving credit facility to $1.25 billion.
- Declared a monthly common stock cash dividend of $0.0475 per share for Q4 2026.
- Increased full year 2026 Diluted FFO as Adjusted per share guidance to $0.97 - $0.99.
Price Impact
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