Power REIT Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

David Lesser

Chief executive officer

US$150.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	13yrs
CEO ownership	17.2%
Management average tenure	no data
Board average tenure	13yrs

Recent management updates

Recent updates

Is Power REIT (NYSEMKT:PW) A High Quality Stock To Own?

Jan 28

I Ran A Stock Scan For Earnings Growth And Power REIT (NYSEMKT:PW) Passed With Ease

Dec 24

The Power REIT (NYSEMKT:PW) Share Price Is Up 592% And Shareholders Are Delighted

Nov 19

CEO Compensation Analysis

How has David Lesser's remuneration changed compared to Power REIT's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$24m
Jun 30 2024	n/a	n/a	-US$34m
Mar 31 2024	n/a	n/a	-US$17m
Dec 31 2023	US$150k	US$150k	-US$15m
Sep 30 2023	n/a	n/a	-US$30m
Jun 30 2023	n/a	n/a	-US$19m
Mar 31 2023	n/a	n/a	-US$16m
Dec 31 2022	US$2m	US$63k	-US$15m
Sep 30 2022	n/a	n/a	US$3m
Jun 30 2022	n/a	n/a	US$4m
Mar 31 2022	n/a	n/a	US$4m
Dec 31 2021	US$744k	n/a	US$4m
Sep 30 2021	n/a	n/a	US$5m
Jun 30 2021	n/a	n/a	US$4m
Mar 31 2021	n/a	n/a	US$3m
Dec 31 2020	US$336k	n/a	US$2m
Sep 30 2020	n/a	n/a	US$1m
Jun 30 2020	n/a	n/a	US$988k
Mar 31 2020	n/a	n/a	US$722k
Dec 31 2019	n/a	n/a	US$667k
Sep 30 2019	n/a	n/a	US$618k
Jun 30 2019	n/a	n/a	US$547k
Mar 31 2019	n/a	n/a	US$541k
Dec 31 2018	US$241k	n/a	US$559k
Sep 30 2018	n/a	n/a	US$571k
Jun 30 2018	n/a	n/a	US$471k
Mar 31 2018	n/a	n/a	US$461k
Dec 31 2017	US$276k	n/a	US$439k

Compensation vs Market: David's total compensation ($USD150.00K) is below average for companies of similar size in the US market ($USD649.25K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David Lesser (58 yo)

13yrs

Tenure

US$150,000

Compensation

Mr. David H. Lesser has been the Chief Executive Officer and Chairman of the Board of Trustees at Power REIT since December 2011 and serves as its Chief Financial Officer, Secretary and Treasurer since Feb...

Board Members

Name	Position	Tenure	Compensation	Ownership
David Lesser	Chairman	13yrs	US$150.00k	17.2% $ 635.6k
William Susman	Independent Trustee	13yrs	no data	0.22% $ 8.1k
Patrick Haynes	Independent Trustee	13yrs	no data	0.26% $ 9.5k
Dionisio D'Aguilar	Independent Trustee	2.8yrs	no data	0.018% $ 654.0

13.0yrs

Average Tenure

58.5yo

Average Age

Experienced Board: PW's board of directors are seasoned and experienced ( 13 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 19:24
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Power REIT is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brian Hollenden	Aegis Capital Corporation

Power REIT Management

Management criteria checks 3/4

Key information

Recent management updates

Power REIT, Annual General Meeting, Sep 26, 2024

Power REIT, Annual General Meeting, Sep 14, 2023

Power REIT, Annual General Meeting, Aug 30, 2022

High number of new directors

Recent updates

Third quarter 2024 earnings released: US$0.14 loss per share (vs US$3.01 loss in 3Q 2023)

Power REIT Receives Notice Resolving NYSE American Listing Standards Deficiency

Power REIT Receives Notice of Non-Compliance with NYSE American Continued Listing Standards

Power REIT, Annual General Meeting, Sep 26, 2024

Second quarter 2024 earnings released: US$5.70 loss per share (vs US$0.69 loss in 2Q 2023)

First quarter 2024 earnings released: US$0.66 loss per share (vs US$0.15 loss in 1Q 2023)

Full year 2023 earnings released: US$4.43 loss per share (vs US$4.41 loss in FY 2022)

Third quarter 2023 earnings released: US$3.01 loss per share (vs US$0.12 profit in 3Q 2022)

Second quarter 2023 earnings released: US$0.69 loss per share (vs US$0.23 profit in 2Q 2022)

Power REIT, Annual General Meeting, Sep 14, 2023

First quarter 2023 earnings released: US$0.15 loss per share (vs US$0.25 profit in 1Q 2022)

Investor sentiment improves as stock rises 15%

An unknown buyer acquired Tulare Solar Ground Lease from Power REIT for $2.5 million.

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released: EPS: US$0.12 (vs US$0.50 in 3Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: US$0.23 (vs US$0.42 in 2Q 2021)

Power REIT, Annual General Meeting, Aug 30, 2022

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: US$0.25 (vs US$0.34 in 1Q 2021)

Investor sentiment deteriorated over the past week

Price target decreased to US$68.00

Full year 2021 earnings released: EPS: US$1.41 (vs US$0.99 in FY 2020)

Investor sentiment deteriorated over the past week

High number of new directors

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS US$0.50 (vs US$0.26 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Power REIT (NYSEAM:PW) completed the acquisition of 556,146 Square Foot Cannabis Greenhouse Cultivation and Processing Facility for $18.39 million.

Investor sentiment improved over the past week

Power REIT (NYSEAM:PW) acquired 4 Controlled Environmental Agriculture Facilities in Colorado and Oklahoma.

Second quarter 2021 earnings released: EPS US$0.42 (vs US$0.21 in 2Q 2020)

Power REIT (NYSEAM:PW) acquired a 10-acre property in Crowley County, Colorado for $0.4 million.

Power REIT (NYSEAM:PW) acquired Greenhouse Cultivation Facility in Budding Oklahoma for $2.1 million.

Investor sentiment improved over the past week

Power REIT (NYSEAM:PW) entered into an agreement to acquire approx 66 acre parcel with approx 522,530 square feet of greenhouse and processing space in Michigan for $18.5 million.

Power REIT (NYSEAM:PW) acquired Southern Colorado Greenhouse Cultivation and Processing Facility for $2.3 million.

First quarter 2021 earnings released: EPS US$0.34 (vs US$0.096 in 1Q 2020)

Full year 2020 earnings released: EPS US$0.99 (vs US$0.36 in FY 2019)

Power REIT Creates Efficiencies of Scale with Tenant Expansion

New 90-day high: US$43.78

Investor sentiment improved over the past week

Power REIT has completed a Follow-on Equity Offering in the amount of $36.659941 million.

Power REIT, Through Wholly Owned Subsidiary of the Trust Receives an Assignment of Lease with Fiore Management LLC

Is Power REIT (NYSEMKT:PW) A High Quality Stock To Own?

Investor sentiment deteriorated over the past week

Power REIT Through A Wholly Owned Subsidiary Enters into A Triple-Net Lease with DOM F, LLC

Investor sentiment improved over the past week

New 90-day high: US$35.03

I Ran A Stock Scan For Earnings Growth And Power REIT (NYSEMKT:PW) Passed With Ease

New 90-day high: US$29.21

Power REIT's Wholly Owned Subsidiary Propco Enters into a 20-Year “Triple-Net” Lease with a Tenant

The Power REIT (NYSEMKT:PW) Share Price Is Up 592% And Shareholders Are Delighted

Market bids up stock over the past week

New 90-day high: US$28.42

Market bids up stock over the past week

Third quarter earnings released

Power REIT's Wholly Owned Subsidiary Enters into Triple-Net Lease with PSP Management LLC

Power REIT Enters into Triple-Net Lease with Fifth Ace, LLC

Power REIT's Wholly Owned Subsidiary (“PropCo”) Amends Lease with Sweet Dirt Whereby Lease Will Cover Both Properties

New 90-day low - US$19.10