Harworth Group (LON:HWG) Issues Earnings Results

Harworth Group (LON:HWG) announced its quarterly earnings results on Tuesday. The company reported GBX 17.70 ($0.23) EPS for the quarter, Digital Look Earnings reports. Harworth Group had a return on equity of 7.75% and a net margin of 52.25%.

Harworth Group Stock Down 0.3 %

Harworth Group stock opened at GBX 170 ($2.21) on Thursday. The company has a debt-to-equity ratio of 13.88, a current ratio of 2.59 and a quick ratio of 1.13. Harworth Group has a fifty-two week low of GBX 125 ($1.63) and a fifty-two week high of GBX 195 ($2.54). The firm has a fifty day moving average price of GBX 165.02 and a two-hundred day moving average price of GBX 171.53. The firm has a market cap of £559.67 million, a price-to-earnings ratio of 11.21 and a beta of 0.74.

Harworth Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be paid a GBX 1.13 ($0.01) dividend. The ex-dividend date is Thursday, April 24th. This is a positive change from Harworth Group’s previous dividend of $0.49. This represents a yield of 0.65%. Harworth Group’s dividend payout ratio (DPR) is presently 13.18%.

Insider Activity

In related news, insider Lynda Shillaw acquired 17,291 shares of the stock in a transaction dated Tuesday, March 18th. The shares were acquired at an average price of GBX 174 ($2.26) per share, for a total transaction of £30,086.34 ($39,139.25). Over the last ninety days, insiders have acquired 17,473 shares of company stock valued at $3,038,573. 53.39% of the stock is owned by insiders.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments.