Warehouse REIT (LON:WHR) Trading Up 0.3% – Here’s Why

Warehouse REIT (LON:WHRGet Free Report) traded up 0.3% during mid-day trading on Monday . The company traded as high as GBX 79 ($0.98) and last traded at GBX 78.30 ($0.97). 668,586 shares were traded during trading, a decline of 31% from the average session volume of 968,181 shares. The stock had previously closed at GBX 78.09 ($0.97).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “hold” rating on shares of Warehouse REIT in a research report on Thursday, November 21st.

Read Our Latest Stock Report on Warehouse REIT

Warehouse REIT Price Performance

The stock has a market cap of £332.67 million, a price-to-earnings ratio of 978.75, a P/E/G ratio of 1.79 and a beta of 0.91. The company has a current ratio of 5.48, a quick ratio of 0.71 and a debt-to-equity ratio of 55.20. The company’s fifty day moving average is GBX 80.19 and its two-hundred day moving average is GBX 84.32.

Warehouse REIT (LON:WHRGet Free Report) last issued its quarterly earnings data on Thursday, November 21st. The company reported GBX 2.90 ($0.04) earnings per share for the quarter. Warehouse REIT had a return on equity of 6.45% and a net margin of 67.23%. As a group, research analysts predict that Warehouse REIT will post 5.74454 earnings per share for the current year.

Warehouse REIT Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, November 28th were given a dividend of GBX 1.60 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 28th. This represents a dividend yield of 1.91%. Warehouse REIT’s dividend payout ratio is presently 7,500.00%.

Warehouse REIT Company Profile

(Get Free Report)

Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.

Further Reading

Receive News & Ratings for Warehouse REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Warehouse REIT and related companies with MarketBeat.com's FREE daily email newsletter.