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 return on equity of 4.99% and a negative net margin of 20.80%.

Regional REIT Stock Down 0.3%

RGL stock traded down GBX 0.24 on Wednesday, hitting GBX 94.76. 228,048 shares of the company’s stock were exchanged, compared to its average volume of 556,432. The firm has a 50 day moving average price of GBX 96.14 and a two-hundred day moving average price of GBX 93.54. Regional REIT has a 12-month low of GBX 84.80 and a 12-month high of GBX 126.80. The stock has a market cap of £153.59 million, a P/E ratio of -9.38 and a beta of 0.69. The company has a debt-to-equity ratio of 85.73, a quick ratio of 1.30 and a current ratio of 117.42.

Analyst Ratings Changes

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Regional REIT in a research note on Tuesday. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target 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.