Warehouse REIT’s (WHR) “Buy” Rating Reiterated at Shore Capital

Shore Capital restated their buy rating on shares of Warehouse REIT (LON:WHR) in a research report sent to investors on Tuesday, Marketbeat Ratings reports.

Warehouse REIT Price Performance

Shares of Warehouse REIT stock opened at GBX 83.70 ($1.05) on Tuesday. The firm has a fifty day moving average price of GBX 78.97 and a 200 day moving average price of GBX 83.89. Warehouse REIT has a 1 year low of GBX 74.29 ($0.93) and a 1 year high of GBX 92.80 ($1.17). The stock has a market cap of £354.57 million, a PE ratio of 0.81, a price-to-earnings-growth ratio of 1.79 and a beta of 0.91.

Warehouse REIT (LON:WHR) last issued its earnings results on Thursday, November 21st. The company reported GBX 2.90 ($0.04) earnings per share (EPS) for the quarter. Warehouse REIT had a net margin of 856.82% and a return on equity of 81.53%. As a group, equities analysts expect that Warehouse REIT will post 5.74454 EPS for the current year.

Warehouse REIT Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Thursday, November 28th were issued a GBX 1.60 ($0.02) dividend. The ex-dividend date was Thursday, November 28th. This represents a yield of 1.91%. Warehouse REIT’s payout ratio is 5.82%.

About Warehouse REIT

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.