Prs Reit (PRSR) Share Price, News & Analysis

Company Overview

www.theprsreit.com The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector ("PRS"). It aims to provide shareholders with an attractive level of income together with the potential for capital and income growth. The Company is investing over £1bn in a portfolio of high-quality homes for private rental, mainly across the major regions of England. Its portfolio currently comprises over 5,000 homes, with a further 500 homes under development. The Company believes its portfolio is the largest portfolio of single-family build-to-rent homes in the UK. Homes have been designed for people at all stages of life, including singletons, couples, families and retirees. The PRS REIT’s homes are high-quality and located close to good schooling and transport links. The homes are let and managed under the award-winning rental brand, ‘Simple Life’, which offers a very high standard of professional tenant care. The institutional landlord model offers its residents greater security of tenure, where they can be assured that their homes remain available for the long-term and that properties will be professionally maintained. The PRS REIT also seeks to foster a sense of community across its developments, with regular events for residents and an app that enables them to engage with each other as well as directly access the Company’s management services. The PRS REIT completed its Initial Public Offering on 31 May 2015, and has raised a total of £560m of equity (gross) including fundraisings in February 2018 and September 2021. The UK Government's Homes England has supported the Company with direct investments. The Company’s Investment Adviser is Sigma PRS Management Ltd (“Sigma PRS”), a wholly-owned subsidiary of Sigma Capital Group Limited, a well-established PRS, residential development, and urban regeneration specialist. Sigma PRS sources investments and manages the assets of The PRS REIT plc. The Alternative Investment Fund Manager ("AIFM") is G10 Capital Limited, and Sigma PRS is an appointed representative of G10 Capital Limited, which is authorised and regulated by the Financial Conduct Authority (FRN:648953).

Key Stats

• Today's Range: 108.20 to 111
• 50-Day Range: 102.85 to 110.40
• 52-Week Range: 73.60 to 111.40
• Volume: 154,980 shs
• Average Volume: 587,116 shs
• Market Capitalization: £595.94 million
• P/E Ratio: 986.36
• Dividend Yield: 3.69%
• Price Target: GBX 120
• Consensus Rating: Buy

Prs Reit Stock Analysis - MarketRank™

Prs Reit scored higher than 58% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Prs Reit has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Prs Reit has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Prs Reit is 990.91, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 112.01.

Price to Earnings Ratio vs. Sector

The P/E ratio of Prs Reit is 990.91, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 223.83.

Price to Earnings Growth Ratio

Prs Reit has a PEG Ratio of 0.34. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Prs Reit has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PRSR.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Prs Reit is a leading dividend payer. It pays a dividend yield of 4.00%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Prs Reit does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Prs Reit is 3,636.36%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PRSR.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.55

News Sentiment

Prs Reit has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Prs Reit this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Prs Reit insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.59% of the stock of Prs Reit is held by insiders.

Percentage Held by Institutions

82.60% of the stock of Prs Reit is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PRSR Stock Analysis - Frequently Asked Questions

How have PRSR shares performed this year?

Prs Reit's stock was trading at GBX 107.60 at the beginning of the year. Since then, PRSR stock has increased by 1.3% and is now trading at GBX 109.
View the best growth stocks for 2025 here.

How do I buy shares of Prs Reit?

Shares of PRSR stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Prs Reit own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Prs Reit investors own include Intel (INTC), AutoZone (AZO), Johnson & Johnson (JNJ), Legal & General Group (LGEN), Meta Platforms (META), Procter & Gamble (PG) and Shell (SHEL).

Company Calendar

• Ex-Dividend for 11/29 Dividend: 11/14/2024
• Dividend Payable: 11/29/2024
• Today: 1/20/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Real Estate
• Industry: REIT - Residential
• Sub-Industry: Trading
• Current Symbol: LON:PRSR
• CUSIP: N/A
• CIK: N/A
• Web: www.theprsreit.com
• Phone: 44 333 999 9926
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 120
• High Stock Price Target: GBX 120
• Low Stock Price Target: GBX 120
• Potential Upside/Downside: +9.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.11
• Trailing P/E Ratio: 994.55
• Forward P/E Ratio: 24.64
• P/E Growth: 0.34
• Net Income: £58.02 million
• Net Margins: 108.08%
• Pretax Margin: N/A
• Return on Equity: 8.78%
• Return on Assets: 2.07%

Debt

• Debt-to-Equity Ratio: 60.00
• Current Ratio: 0.58
• Quick Ratio: 0.39

Sales & Book Value

• Annual Sales: £53.68 million
• Price / Sales: 11.19
• Cash Flow: GBX 11.32 per share
• Price / Cash Flow: 9.66
• Book Value: GBX 124 per share
• Price / Book: 0.88

Miscellaneous

• Outstanding Shares: 549,250,000
• Free Float: N/A
• Market Cap: £600.88 million
• Optionable: Not Optionable
• Beta: 0.55