Real Estate Investors Plc (LON:RLE - Get Free Report) declared a dividend on Tuesday, March 25th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 3rd will be given a dividend of GBX 0.40 ($0.01) per share on Wednesday, April 30th. This represents a dividend yield of 1.37%. The ex-dividend date of this dividend is Thursday, April 3rd. The official announcement can be viewed at this link.
Real Estate Investors Stock Performance
Shares of RLE traded up GBX 0.25 ($0.00) during trading hours on Friday, reaching GBX 30.25 ($0.39). 887,044 shares of the company traded hands, compared to its average volume of 250,362. The stock's fifty day moving average is GBX 29.86 and its 200 day moving average is GBX 31.03. Real Estate Investors has a 1-year low of GBX 28 ($0.36) and a 1-year high of GBX 37.80 ($0.49). The stock has a market cap of £52.75 million, a P/E ratio of -4.46 and a beta of 0.66.
Real Estate Investors (LON:RLE - Get Free Report) last posted its quarterly earnings results on Tuesday, March 25th. The company reported GBX (1.35) (($0.02)) EPS for the quarter. Real Estate Investors had a negative net margin of 106.92% and a negative return on equity of 12.67%. On average, equities research analysts predict that Real Estate Investors will post 4.3650794 EPS for the current year.
Insider Transactions at Real Estate Investors
In related news, insider Paul Bassi acquired 500,000 shares of the stock in a transaction dated Tuesday, March 25th. The shares were bought at an average cost of GBX 29 ($0.38) per share, for a total transaction of £145,000 ($187,677.97). 18.86% of the stock is owned by insiders.
About Real Estate Investors
(
Get Free Report)
Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of mixed-use commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors.
Recommended Stories
Before you consider Real Estate Investors, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Real Estate Investors wasn't on the list.
While Real Estate Investors currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
