Regional REIT (LON:RGL) Announces Earnings Results

Regional REIT (LON:RGL) posted its quarterly earnings data on Tuesday. The company reported GBX 4.20 EPS for the quarter, Digital Look Earnings reports. Regional REIT had a negative net margin of 20.80% and a negative return on equity of 4.99%.

Regional REIT Price Performance

RGL opened at GBX 95.95 on Tuesday. The business has a fifty day moving average of GBX 96.09 and a 200 day moving average of GBX 93.62. Regional REIT has a 52-week low of GBX 84.80 and a 52-week high of GBX 126.80. The company has a quick ratio of 1.30, a current ratio of 117.42 and a debt-to-equity ratio of 85.73. The stock has a market cap of £155.52 million, a P/E ratio of -9.50 and a beta of 0.69.

Wall Street Analyst Weigh In

Separately, Shore Capital Group restated a “house stock” rating on shares of Regional REIT in a report on Tuesday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 140.

Regional REIT Company Profile

Regional REIT Limited is a UK based real estate investment trust, focused on building a large geographically diverse portfolio of income producing regional properties outside of the M25 motorway.

Regional REIT pursues its investment objective by investing in, actively managing and disposing of regional core property and core plus property assets. It aims to deliver an attractive total return to its shareholders, with a strong focus on income supported by additional capital growth prospects.