Tritax Big Box REIT (BBOX) Share Price, News & Analysis

Company Overview

Tritax Big Box REIT plc (ticker: BBOX) is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. BBOX is committed to delivering attractive and sustainable returns for Shareholders by investing in and actively managing existing built investments and land suitable for logistics development. The Company focuses on well-located, modern logistics assets, typically let to institutional-grade tenants on long-term leases with upward-only rent reviews and geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity provided by the imbalance between strong occupational demand and constrained supply of modern logistics real estate in the UK. The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies, is listed on the premium segment of the Official List of the UK Financial Conduct Authority (Ticker: BBOX) and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.

Key Stats

• Today's Range: 127 to 130.30
• 50-Day Range: 128.20 to 158.50
• 52-Week Range: 127 to 173
• Volume: 14.88 million shs
• Average Volume: 8.47 million shs
• Market Capitalization: £3.22 billion
• P/E Ratio: 1,852.86
• Dividend Yield: 6.17%
• Price Target: GBX 191.75
• Consensus Rating: Buy

Tritax Big Box REIT Stock Analysis - MarketRank™

Tritax Big Box REIT scored higher than 46% 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: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Tritax Big Box REIT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Tritax Big Box REIT has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Tritax Big Box REIT is 1,852.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 128.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tritax Big Box REIT is 1,852.86, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 267.19.

Price to Earnings Growth Ratio

Tritax Big Box REIT has a PEG Ratio of 2.05. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Tritax Big Box REIT has a P/B Ratio of 0.73. 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 BBOX.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Tritax Big Box REIT is a leading dividend payer. It pays a dividend yield of 4.84%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Tritax Big Box REIT does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Tritax Big Box REIT is 11,428.57%. 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 BBOX.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.19

News Sentiment

Tritax Big Box REIT has a news sentiment score of -0.19. 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 lower news sentiment than the 0.65 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Tritax Big Box REIT this week, compared to 0 articles on an average week.

MarketBeat Follows

Only 2 people have added Tritax Big Box REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Tritax Big Box REIT insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.57% of the stock of Tritax Big Box REIT is held by insiders.

Percentage Held by Institutions

79.90% of the stock of Tritax Big Box REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BBOX Stock Analysis - Frequently Asked Questions

How have BBOX shares performed this year?

Tritax Big Box REIT's stock was trading at GBX 168.90 on January 1st, 2024. Since then, BBOX stock has decreased by 23.2% and is now trading at GBX 129.70.
View the best growth stocks for 2024 here.

How were Tritax Big Box REIT's earnings last quarter?

Tritax Big Box REIT plc (LON:BBOX) posted its quarterly earnings data on Thursday, August, 6th. The company reported $3.26 EPS for the quarter, missing the consensus estimate of $3.30 by $0.04. Tritax Big Box REIT had a trailing twelve-month return on equity of 4.02% and a net margin of 63.35%.

How do I buy shares of Tritax Big Box REIT?

Shares of BBOX 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.
Compare Top Brokerages Here.

What other stocks do shareholders of Tritax Big Box REIT own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tritax Big Box REIT investors own include BP (BP), Lloyds Banking Group (LLOY), Unilever (ULVR), Barclays (BARC), Aviva (AV), BT Group (BT.A) and Intel (INTC).

Company Calendar

• Last Earnings: 8/06/2020
• Ex-Dividend for 11/27 Dividend: 10/31/2024
• Dividend Payable: 11/27/2024
• Today: 12/21/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Real Estate
• Industry: REIT - Industrial
• Sub-Industry: N/A
• Current Symbol: LON:BBOX
• CUSIP: N/A
• CIK: N/A
• Web: tritaxbigbox.co.uk
• Phone: +44-1444-414125
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 191.75
• High Stock Price Target: GBX 210
• Low Stock Price Target: GBX 182
• Potential Upside/Downside: +47.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.07
• Trailing P/E Ratio: 1,852.86
• Forward P/E Ratio: 14.46
• P/E Growth: 2.05
• Net Income: £156.40 million
• Net Margins: 63.35%
• Pretax Margin: N/A
• Return on Equity: 4.02%
• Return on Assets: 2.38%

Debt

• Debt-to-Equity Ratio: 43.99
• Current Ratio: 0.54
• Quick Ratio: 0.42

Sales & Book Value

• Annual Sales: £246.90 million
• Price / Sales: 13.03
• Cash Flow: GBX 1.62 per share
• Price / Cash Flow: 79.89
• Book Value: GBX 177 per share
• Price / Book: 0.73

Miscellaneous

• Outstanding Shares: 2,480,000,000
• Free Float: N/A
• Market Cap: £3.22 billion
• Optionable: Not Optionable
• Beta: 0.89