Warehouse REIT (LON:WHR) Stock Price Up 0.5% - What's Next?

Shares of Warehouse REIT (LON:WHR - Get Free Report) rose 0.5% during trading on Thursday . The stock traded as high as GBX 81.37 ($1.03) and last traded at GBX 80.30 ($1.01). Approximately 1,397,559 shares were traded during trading, an increase of 46% from the average daily volume of 956,793 shares. The stock had previously closed at GBX 79.90 ($1.01).

Analysts Set New Price Targets

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

Warehouse REIT Price Performance

The company has a current ratio of 5.48, a quick ratio of 0.71 and a debt-to-equity ratio of 55.20. The company has a 50 day moving average of GBX 85.21 and a 200-day moving average of GBX 84.96. The firm has a market capitalization of £342.86 million, a P/E ratio of 1,008.75, a P/E/G ratio of 1.79 and a beta of 0.91.

Warehouse REIT Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 27th. Stockholders of record on Thursday, November 28th will be given a GBX 1.60 ($0.02) dividend. The ex-dividend date is Thursday, November 28th. This represents a dividend yield of 1.91%. Warehouse REIT's payout ratio is presently 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.