Warehouse REIT (LON:WHR) Trading 0.3% Higher - Still a Buy?

Warehouse REIT (LON:WHR - Get Free Report) shares were up 0.3% during mid-day trading on Monday . The stock traded as high as GBX 79 ($0.98) and last traded at GBX 78.30 ($0.97). Approximately 668,586 shares traded hands during trading, a decline of 31% from the average daily volume of 968,181 shares. The stock had previously closed at GBX 78.09 ($0.97).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a "hold" rating on shares of Warehouse REIT in a research report on Thursday, November 21st.

Warehouse REIT Price Performance

The stock's fifty day moving average price is GBX 80.19 and its 200-day moving average price is GBX 84.32. The company has a debt-to-equity ratio of 55.20, a current ratio of 5.48 and a quick ratio of 0.71. The firm has a market cap of £332.67 million, a PE ratio of 978.75, a price-to-earnings-growth ratio of 1.79 and a beta of 0.91.

Warehouse REIT (LON:WHR - Get Free Report) last released its quarterly earnings data on Thursday, November 21st. The company reported GBX 2.90 ($0.04) EPS for the quarter. Warehouse REIT had a net margin of 67.23% and a return on equity of 6.45%. As a group, equities analysts expect that Warehouse REIT will post 5.74454 EPS for the current fiscal year.

Warehouse REIT Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Thursday, November 28th were given a dividend of GBX 1.60 ($0.02) per share. The ex-dividend date was Thursday, November 28th. This represents a yield of 1.91%. Warehouse REIT's payout ratio is 7,500.00%.

Warehouse REIT Company Profile

Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.

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