Market Newsdesk

Hamilton to Report Fourth Quarter 2024 Financial Results on February 26, 2025

PEMBROKE, Bermuda–(BUSINESS WIRE)–
Hamilton Insurance Group, Ltd. (NYSE: HG) (“Hamilton” or the “Company”) will issue its fourth quarter 2024 financial results after the market closes on Wednesday, February 26, 2025.

Hamilton will host a conference call to discuss its financial results on Thursday, February 27, 2025, at 9:00 a.m. Eastern Time. The conference call dial-in can be retrieved by completing the registration form available at https://registrations.events/direct/Q4I648370.

A live, audio webcast of the conference call can be accessed through the Investors portal of the Company’s website at investors.hamiltongroup.com, where a replay of the call will also be available shortly following the event.

For access to either the conference call or webcast, please dial in/login a few minutes in advance to complete any necessary registration.

About Hamilton Insurance Group, Ltd.

Hamilton is a Bermuda-headquartered specialty insurance and reinsurance company that underwrites risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.

For more about our company, visit www.hamiltongroup.com or find us on LinkedIn at Hamilton.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250115772976/en/

Media contact

Kelly Corday Ferris

[email protected]

Investor contacts

Jon Levenson and Darian Niforatos

[email protected]

KEYWORDS: Bermuda Caribbean

INDUSTRY KEYWORDS: Insurance Professional Services

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Essex Reports Characteristics of 2024 Dividends

SAN MATEO, Calif.–(BUSINESS WIRE)–
Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2024 distributions to shareholders. The 2024 distribution characteristics are as follows:

Common Stock – CUSIP Number 297178105:

Record	Payment	Cash Distribution	Ordinary Taxable	Qualified	Return of	Capital Gain	Unrecaptured Section 1250 Capital Gain	Section 199A	Section 897
Date	Date	Per Share	Dividend	Dividend	Capital	(20% rate)	(25% rate)	Dividend	Gain
1/2/2024	1/12/2024	$2.31000	$2.26821	$0.00000	$0.00000	$0.04179	$0.00000	$2.26821	$0.04179
3/29/2024	4/12/2024	$2.45000	$2.40568	$0.00000	$0.00000	$0.04432	$0.00000	$2.40568	$0.04432
6/28/2024	7/12/2024	$2.45000	$2.40568	$0.00000	$0.00000	$0.04432	$0.00000	$2.40568	$0.04432
9/30/2024	10/11/2024	$2.45000	$2.40568	$0.00000	$0.00000	$0.04432	$0.00000	$2.40568	$0.04432
Totals:		$9.66000	$9.48525	$0.00000	$0.00000	$0.17475	$0.00000	$9.48525	$0.17475
Percentages:		100%	98.191%		0.000%	1.809%	0.000%

The Company did not incur any foreign taxes during 2024.

Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Essex Property Trust, Inc. dividends.

About Essex Property Trust, Inc.

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 254 apartment communities comprising approximately 62,000 apartment homes. Additional information about the Company can be found on the Company’s website at www.essex.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250115928520/en/

Loren Rainey

Director, Investor Relations

(650) 655-7800

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: REIT Finance Professional Services Residential Building & Real Estate Construction & Property

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Granite Point Mortgage Trust Inc. Announces Patrick Halter and Lazar Nikolic Appointed to the Board of Directors

NEW YORK–(BUSINESS WIRE)–Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that Patrick Halter and Lazar Nikolic have been appointed to the Company’s Board of Directors, effective immediately. Mr. Halter will serve on the Compensation Committee and Mr. Nikolic will serve on the Nominating and Corporate Governance Committee. With the additions of Mr. Halter and Mr. Nikolic, the Granite Point Board now comprises eight directors, seven of whom are independent.

“We are pleased to welcome two new highly qualified independent directors to the Granite Point Board,” said Stephen Kasnet, Chairman of the Granite Point Board of Directors. “Pat’s experience building and growing a preeminent commercial real estate investment management business will be tremendously valuable to the Board, as will Lazar’s investment background in various real estate asset classes and his perspective as a large shareholder. These appointments reflect our commitment to regularly enhancing and refreshing the Board to ensure it is best positioned to advance our shareholders’ interests. We look forward to benefiting from the new directors’ insights as Granite Point navigates the current environment and pursues opportunities to drive profitable growth and shareholder value creation.”

“I have known and admired Granite Point’s CEO, Jack Taylor, for decades. I’m excited to join the Board and help the Company build on its resilient business model and momentum to capture growth opportunities as the market recovers,” said Mr. Halter.

“As one of Granite Point’s significant shareholders, I believe in the value of the business and am confident in the opportunities ahead,” said Mr. Nikolic. “I appreciate the Board’s constructive engagement with shareholders and am eager to work with my fellow board members in furthering shareholder value.”

About Patrick Halter

Patrick Halter is a veteran real estate investment leader who spent more than four decades in various leadership positions with Principal Financial Group, most recently serving, from 2018 to 2024, as President and CEO of Principal Asset Management, its global investment management business, then managing over $650 billion in assets. In that role, he was responsible for overseeing globally the firm’s operations, and its investment and distribution teams. Halter was previously Chief Operating Officer of Principal Global Investors and served on the Board of Principal’s fourteen investment teams. He also served on the Principal Mutual Fund Board and held board responsibilities with various international ventures. Prior to that, Halter was the Chief Executive Officer and Senior Executive Director of Principal Real Estate Investors from 2003 to 2016, where, under his leadership, he and his team built it to a top 10 global real estate manager.

About Lazar Nikolic

Lazar Nikolic is a seasoned real estate investment expert with over two decades of industry experience. Mr. Nikolic co-founded JPL Advisors in 2016 and serves as a Managing Member overseeing the firm’s portfolio management, investment analysis and risk management with a focus in mortgage REITs, equity REITs, closed end funds business development companies, specialty finance companies and special situations. Prior to founding JPL, Mr. Nikolic was a portfolio manager at Adler & Co from 2009 to 2015.

About Granite Point Mortgage Trust Inc.

Granite Point Mortgage Trust Inc. is a Maryland corporation focused on directly originating, investing in and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments. Granite Point is headquartered in New York, NY. Additional information is available at www.gpmtreit.com.

Forward-Looking Statements

This press release contains, or incorporates by reference, not only historical information, but also forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve numerous risks and uncertainties. Our actual results may differ from our beliefs, expectations, estimates, projections and illustrations and, consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements are not historical in nature and can be identified by words such as “anticipate,” “estimate,” “will,” “should,” “expect,” “target,” “believe,” “outlook,” “potential,” “continue,” “intend,” “seek,” “plan,” “goals,” “future,” “likely,” “may” and similar expressions or their negative forms, or by references to strategy, plans or intentions. The illustrative examples herein are forward-looking statements. By their nature, forward-looking statements speak only as of the date they are made, are not statements of historical facts or guarantees of future performance and are subject to risks, uncertainties, assumptions or changes in circumstances that are difficult to predict or quantify. Our expectations, beliefs and estimates are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that management’s expectations, beliefs and estimates will prove to be correct or be achieved, and actual results may vary materially from what is expressed in or indicated by the forward-looking statements.

These forward-looking statements are subject to risks and uncertainties, including, among other things, those described in our Annual Report on Form 10-K for the year ended December 31, 2023, under the caption “Risk Factors,” and any subsequent Form 10-Q or other filings made with the SEC. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

This press release is for informational purposes only and shall not constitute, or form a part of, an offer to sell or buy or the solicitation of an offer to sell or the solicitation of an offer to buy any securities.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250115187504/en/

Investors: Chris Petta Investor Relations, Granite Point Mortgage Trust Inc., (212) 364-5500, [email protected].

KEYWORDS: Minnesota New York United States North America

INDUSTRY KEYWORDS: REIT Finance Professional Services Asset Management Construction & Property

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Healthpeak Properties Announces Tax Treatment of 2024 Distributions

DENVER–(BUSINESS WIRE)–
Healthpeak Properties, Inc. (NYSE: DOC), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, announced today the tax treatment of its 2024 distributions. The following table summarizes, for income tax purposes, the nature of cash distributions paid to shareholders during the calendar year ended December 31, 2024:

Common Stock (CUSIP # 42250P103)
						Ordinary Dividends						Capital Gains
Record Date		Payment Date		Distribution Per Share		Total		Non-Qualified		Qualified		Total		Long Term		Unrecaptured Section 1250		Nondividend Distributions
02/14/24		02/26/24		$0.300000		$0.180110		$0.180110		$0.000000		$0.073765		$0.019775		$0.053990		$0.046125
05/06/24		05/17/24		$0.300000		$0.180110		$0.180110		$0.000000		$0.073765		$0.019775		$0.053990		$0.046125
08/05/24		08/16/24		$0.300000		$0.180110		$0.180110		$0.000000		$0.073765		$0.019775		$0.053990		$0.046125
11/04/24		11/15/24		$0.300000		$0.180110		$0.180110		$0.000000		$0.073765		$0.019775		$0.053990		$0.046125
		Totals		$1.200000		$0.720440		$0.720440		$0.000000		$0.295060		$0.079100		$0.215960		$0.184500
				100%		60.03%						24.59%						15.38%

Pursuant to Treasury Regulation §1.1061-6(c), Healthpeak Properties, Inc. is disclosing additional information related to the capital gains reported on Form 1099-DIV, Box 2a, Total Capital Gain Distributions for purposes of Section 1061 of the Internal Revenue Code. Section 1061 is generally applicable to direct and indirect holders of “applicable partnership interests.” The “One Year Amounts” and “Three Year Amounts” required to be disclosed are both zero with respect to the 2024 distributions, since all capital gain dividends relate to Section 1231 gains.

For shareholders whose income maintains its character when passed through or distributed to direct or indirect foreign owners or beneficiaries, the amounts reported on Form 1099-DIV, Box 2e, Section 897 Ordinary Dividends are zero and the amounts reported on Form 1099-DIV, Box 2f, Section 897 Capital Gain are 100.00% of the total capital gain distributions reported in Box 2a. Note that amounts in Boxes 2e and 2f are not applicable to U.S. individual shareholders.

The 2024 Non-Qualified Ordinary Dividends are also reported on Form 1099-DIV, Box 5, Section 199A Dividends. Treasury Regulation §1.199A-3(c)(2)(ii) requires that shareholders hold their REIT shares for at least 45 days in order for the dividends to be treated as Section 199A Dividends.

Shareholders should consult with their tax advisors as to their specific tax treatment with respect to these distributions.

ABOUT HEALTHPEAK PROPERTIES

Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates and develops high-quality real estate focused on healthcare discovery and delivery. For more information regarding Healthpeak, visit www.healthpeak.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250115041623/en/

Andrew Johns, CFA

Senior Vice President – Investor Relations

720-428-5400

KEYWORDS: United States North America Colorado

INDUSTRY KEYWORDS: REIT General Health Health Commercial Building & Real Estate Construction & Property

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Equitable Holdings Appoints Douglas Dachille to the Board of Directors

NEW YORK–(BUSINESS WIRE)–
Equitable Holdings, Inc. (NYSE: EQH) today announced the appointment of Douglas Dachille as an independent member of its Board of Directors, effective immediately.

Mr. Dachille has amassed a distinguished career across three decades with proven expertise in the most strategic matters facing the insurance, banking and asset management industries. This includes leading complex corporate transactions, understanding capital markets and designing innovative investment solutions to meet insurance liabilities.

“On behalf of the Board of Directors, I am delighted to welcome Doug Dachille to Equitable Holdings,” said Joan Lamm-Tennant, Chair of the Equitable Holdings Board of Directors. “His experience leading insurance and asset management organizations will be instrumental as we continue to enhance the company’s value and navigate the evolving industry and macro-economic environment.”

Mr. Dachille served as Chief Investment Officer of American International Group Inc. (AIG) from 2015 until 2021, overseeing a $350 billion portfolio. During this time, he played a critical role stabilizing the company after the financial crisis and its subsequent financial recovery. Mr. Dachille joined AIG when it acquired First Principles Capital Management, an institutional fixed income asset manager, which he co-founded and led as Chief Executive Officer. Prior to co-founding First Principles, he was President and Chief Operating Officer of Zurich Capital Markets. Mr. Dachille began his career at JPMorgan Chase, where he held a variety of leadership roles including Global Head of Proprietary Trading and Co-Treasurer.

“Doug brings to us relevant experience across our integrated advice, retirement and asset management businesses,” said Mark Pearson, President and Chief Executive Officer of Equitable Holdings. “His unparalleled industry perspective will help guide us as we continue to deliver on our financial commitments, grow our businesses and create value for our shareholders.”

Mr. Dachille currently serves as an independent director of the BridgeBio Pharma, Inc. Board of Directors and previously served on the board of directors for Lyndra Therapeutics®. He earned a Bachelor of Science degree from Union University through a joint program with Albany Medical College, and later earned an MBA from the University of Chicago, where he was named a Pew Scholar.

About Equitable Holdings:

Equitable Holdings, Inc. (NYSE: EQH) is a leading financial services holding company comprised of complementary and well-established businesses, Equitable, AllianceBernstein and Equitable Advisors. Equitable Holdings has $1.0 trillion in assets under management and administration (as of 9/30/2024) and more than 5 million client relationships globally. Founded in 1859, Equitable provides retirement and protection strategies to individuals, families, and small businesses. AllianceBernstein is a global investment management firm that offers diversified investment services to institutional investors, individuals, and private wealth clients. Equitable Advisors has 4,400 duly registered and licensed financial professionals that provide financial planning, wealth management, retirement planning, protection, and risk management services to clients across the country.*

* Securities and investment advisory products and services offered through Equitable Advisors, LLC (member FINRA, SIPC), a broker-dealer and SEC-registered investment advisor; insurance and annuities offered through Equitable Network, LLC. Reference to the 1859 founding applies specifically and exclusively to Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY).

View source version on businesswire.com: https://www.businesswire.com/news/home/20250115470700/en/

Investor Relations

Erik Bass

(212) 314-2476

[email protected]

Media Relations

Laura Yagerman

(212) 314-2010

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Finance Consulting Banking Professional Services Insurance

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Eagle Materials Schedules Third Quarter Fiscal 2025 Earnings Release and Conference Call With Senior Management

DALLAS–(BUSINESS WIRE)–
Eagle Materials Inc. (NYSE: EXP) will release financial results for the third quarter of fiscal year 2025 ended December 31, 2024, on Wednesday, January 29, 2025, before the open of the NYSE and will host an investor conference call the same day, Wednesday, January 29, 2025, at 8:30 am Eastern Time (7:30 am Central Time).

The call can be accessed as follows:

Webcast and slide presentation:	ir.eaglematerials.com/events-presentations
	The slides will be available for download in advance of the call.
Dial in:	Domestic	833-630-0590
	International	412-317-1829
	Conference ID	Eagle Materials

Please register at least 15 minutes in advance to ensure a timely connection to the call.

A recording of the conference call will be available through February 5, 2025, by dialing 877-344-7529 for domestic callers and 412-317-0088 for international callers. The replay access code is 5531084. A replay will also be available for one year on the Company’s website.

About Eagle Materials Inc.

Eagle Materials Inc. is a leading U.S. manufacturer of heavy construction products and light building materials. Eagle’s primary products, Portland Cement and Gypsum Wallboard, are essential for building, expanding and repairing roads and highways and for building and renovating residential, commercial and industrial structures across America. Eagle manufactures and sells its products through a network of more than 70 facilities spanning 21 states and is headquartered in Dallas, Texas. Visit eaglematerials.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250115608719/en/

For additional information, contact at 214-432-2000.

Michael R. Haack

President and Chief Executive Officer

D. Craig Kesler

Executive Vice President, Finance and Administration and CFO

Alex Haddock

Senior Vice President, Investor Relations, Strategy and Corporate Development

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Other Construction & Property Construction & Property Other Manufacturing Manufacturing

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Capri Holdings Limited Announces Reporting Date For Third Quarter Fiscal 2025 Financial Results

LONDON–(BUSINESS WIRE)–
Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its third quarter fiscal 2025 financial results on Wednesday, February 5, 2025, at approximately 6:45 a.m. ET. The Company also plans to hold a conference call to discuss its financial results the same day at 8:30 a.m. ET.

Those who wish to participate in the call may do so by dialing (877) 704-4453 or (201) 389-0920 for international callers, conference ID 13750496. A live webcast of the conference call will also be available on the Company’s website, www.capriholdings.com.

In addition, a replay of the call will be available shortly after the conclusion of the call and remain available until February 12, 2025. To access the telephone replay, listeners should dial (844) 512-2921 or (412) 317-6671 for international callers. The access code for the replay is 13750496. A replay of the webcast will also be available within two hours of the conclusion of the call.

About Capri Holdings Limited

Capri Holdings is a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo and Michael Kors. Our commitment to glamorous style and craftsmanship is at the heart of each of our luxury brands. We have built our reputation on designing exceptional, innovative products that cover the full spectrum of fashion luxury categories. Our strength lies in the unique DNA and heritage of each of our brands, the diversity and passion of our people and our dedication to the clients and communities we serve. Capri Holdings is publicly listed on the New York Stock Exchange under the ticker CPRI.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250115237846/en/

FOR MORE INFORMATION:

Investor Relations:

Jennifer Davis

+1 201 514 8234

[email protected]

Media:

[email protected]

KEYWORDS: United Kingdom Europe

INDUSTRY KEYWORDS: Fashion Luxury Retail Department Stores Specialty

MEDIA:

Posted on January 15, 2025 4:19 pm

TWO Announces Earnings Release and Conference Call for Fourth Quarter 2024 Financial Results

TWO Announces Earnings Release and Conference Call for Fourth Quarter 2024 Financial Results

NEW YORK–(BUSINESS WIRE)–TWO (Two Harbors Investment Corp, NYSE: TWO), an MSR-focused REIT, announced today that it will release financial results for the quarter ended December 31, 2024 after market close on January 29, 2025. The company will host a conference call and live webcast to review the financial results on January 30, 2025 at 9:00 a.m. ET.

Webcast Details

The conference call will be webcast live and accessible online in the News & Events section of the company’s website at www.twoinv.com. For those unable to attend, a replay of the webcast will be available on the company’s website approximately four hours after the live call ends.

Teleconference Details

To participate in the call via teleconference, please call toll-free (888) 394-8218 approximately 10 minutes prior to the above start time and provide the Conference Code 1186961.

About TWO

TWO (Two Harbors Investment Corp., NYSE: TWO), a Maryland corporation, is a real estate investment trust that invests in mortgage servicing rights, residential mortgage-backed securities and other financial assets. TWO is headquartered in St. Louis Park, MN.

Additional Information

Stockholders of TWO and other interested persons may find additional information regarding the company at www.twoinv.com, at the Securities and Exchange Commission’s internet site at www.sec.gov or by directing requests to: TWO, 1601 Utica Avenue South, Suite 900, St. Louis Park, MN 55416, (612) 453-4100.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250115564142/en/

Margaret Karr, Head of Investor Relations, TWO, (612) 453-4080, [email protected]

KEYWORDS: Minnesota New York United States North America

INDUSTRY KEYWORDS: Construction & Property Professional Services REIT Finance

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Empire State Realty Trust Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call

NEW YORK–(BUSINESS WIRE)–
Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that it will release its fourth quarter 2024 financial results on Wednesday, February 19, 2025, after the close of markets on the New York Stock Exchange. A conference call will be held on Thursday, February 20, 2025, at 12:00 p.m. Eastern Time.

During the conference call, the Company’s officers will review fourth quarter performance, discuss recent events and conduct a question-and-answer period. The earnings release, supplemental and investor presentation will be available prior to the quarterly conference call on the Company’s website, www.esrtreit.com, under “Quarterly Results” in the “Investors” section.

Webcast

The conference call will also be available in the “Investors” section of the Company’s website at www.esrtreit.com. To listen to a live broadcast, go to the site at least five minutes prior to the scheduled start time in order to register, download and install any necessary audio software. A replay of the call will also be available for 7 days on the Company’s website.

To Participate in the Telephone Conference Call:

Dial in at least five minutes prior to start time.

Domestic: 1-877-407-3982

International: 1-201-493-6780

Conference Call Playback:

Domestic: 1-844-512-2921

International: 1-412-317-6671

Passcode: 13741464

The playback can be accessed through February 27, 2025

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. ESRT’s flagship Empire State Building, the “World’s Most Famous Building,” features its iconic Observatory that was declared the #1 Attraction in the World – and the #1 Attraction in the U.S. for the third consecutive year – in Tripadvisor’s 2024 Travelers’ Choice Awards: Best of the Best Things to Do. The Company is the recognized leader in energy efficiency and indoor environmental quality. As of September 30, 2024, ESRT’s portfolio is comprised of approximately 7.8 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 732 residential units. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, TikTok, X, and LinkedIn.

Source: Empire State Realty Trust, Inc.

Category: Earnings

View source version on businesswire.com: https://www.businesswire.com/news/home/20250115077401/en/

Investors

Empire State Realty Trust Investor Relations

(212) 850-2678

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Other Construction & Property Commercial Building & Real Estate Construction & Property REIT

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