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

Triple Point Social Housing REIT (LON:SOHO) posted its earnings results on Tuesday. The company reported GBX 5.40 ($0.07) 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 Price Performance

Triple Point Social Housing REIT stock traded up GBX 2.70 ($0.03) during mid-day trading on Thursday, reaching GBX 64.30 ($0.83). The stock had a trading volume of 2,821,560 shares, compared to its average volume of 805,943. The company has a market capitalization of £256.43 million, a price-to-earnings ratio of 9.99 and a beta of 0.30. Triple Point Social Housing REIT has a one year low of GBX 54.50 ($0.70) and a one year high of GBX 67 ($0.86). The company has a 50-day moving average price of GBX 58.26 and a two-hundred day moving average price of GBX 60.87.

Triple Point Social Housing REIT Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 27th will be paid a dividend of GBX 1.37 ($0.02) per share. This represents a yield of 2.31%. The ex-dividend date of this dividend 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.