Regional REIT (LON:RGL) Posts Earnings Results

Regional REIT (LON:RGL) released its quarterly earnings results 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 Stock Up 1.4%

LON RGL opened at GBX 95.70 on Tuesday. The company has a quick ratio of 1.30, a current ratio of 117.42 and a debt-to-equity ratio of 85.73. Regional REIT has a 52 week low of GBX 84.80 and a 52 week high of GBX 126.80. The firm has a market capitalization of £155.12 million, a price-to-earnings ratio of -9.48 and a beta of 0.69. The company has a fifty day moving average of GBX 96.09 and a two-hundred day moving average of GBX 93.62.

Analysts Set New Price Targets

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

About Regional REIT

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.