Supermarket Income REIT (LON:SUPR) Posts Earnings Results

Supermarket Income REIT (LON:SUPR) posted its quarterly earnings results on Wednesday. The company reported GBX 3 ($0.04) EPS for the quarter, Digital Look Earnings reports. Supermarket Income REIT had a negative return on equity of 1.89% and a negative net margin of 19.76%.

Supermarket Income REIT Stock Performance

Shares of Supermarket Income REIT stock traded up GBX 0.96 ($0.01) during trading hours on Friday, reaching GBX 75.46 ($0.98). The company had a trading volume of 2,475,249 shares, compared to its average volume of 5,805,123. Supermarket Income REIT has a one year low of GBX 65.20 ($0.84) and a one year high of GBX 78.90 ($1.02). The business has a fifty day simple moving average of GBX 69.18 and a 200 day simple moving average of GBX 71. The company has a debt-to-equity ratio of 62.01, a current ratio of 0.50 and a quick ratio of 1.95. The firm has a market cap of £940.28 million, a PE ratio of -44.39, a price-to-earnings-growth ratio of 15.09 and a beta of 0.31.

Supermarket Income REIT Announces Dividend

The business also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, January 30th were issued a GBX 1.53 ($0.02) dividend. This represents a dividend yield of 2.32%. The ex-dividend date of this dividend was Thursday, January 30th. Supermarket Income REIT’s payout ratio is currently -352.93%.

Insider Transactions at Supermarket Income REIT

In other Supermarket Income REIT news, insider Sapna Shah acquired 19,237 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average price of GBX 68 ($0.88) per share, with a total value of £13,081.16 ($16,944.51). Also, insider Roger Blundell acquired 100,000 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The shares were acquired at an average cost of GBX 70 ($0.91) per share, with a total value of £70,000 ($90,673.58). Corporate insiders own 1.41% of the company’s stock.

Supermarket Income REIT Company Profile

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. The Company’s supermarkets are let to leading supermarket operators in the UK and Europe, diversified by both tenant and geography.

The Company’s assets earn long-dated, secure, inflation-linked, growing income.