Triple Point Social Housing REIT (LON:SOHO) Announces Quarterly Earnings Results

Triple Point Social Housing REIT (LON:SOHO) posted its quarterly earnings data on Tuesday. The company reported GBX 5.40 ($0.07) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Triple Point Social Housing REIT had a net margin of 62.91% and a return on equity of 5.77%.

Triple Point Social Housing REIT Stock Performance

LON:SOHO traded up GBX 1.40 ($0.02) on Thursday, hitting GBX 63 ($0.81). The stock had a trading volume of 2,284,948 shares, compared to its average volume of 797,146. Triple Point Social Housing REIT has a 1 year low of GBX 54.50 ($0.70) and a 1 year high of GBX 67 ($0.86). The firm’s fifty day simple moving average is GBX 58.26 and its two-hundred day simple moving average is GBX 60.87. The stock has a market cap of £251.24 million, a P/E ratio of 9.79 and a beta of 0.30.

Triple Point Social Housing REIT Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 27th will be given a GBX 1.37 ($0.02) dividend. This represents a yield of 2.31%. The ex-dividend date is Thursday, March 27th. Triple Point Social Housing REIT’s payout ratio is 77.67%.

Triple Point Social Housing REIT Company Profile

Social Housing REIT seeks to address the ongoing housing crisis by investing in the UK social housing sector, providing sustainable high-quality homes which have been adapted for vulnerable adults with long-term care and support needs including mental health issues, learning disabilities, or physical and sensory impairment.

We believe our residents deserve a home that offers greater independence than institutional accommodation, at the same time as meeting their specialist care needs.