Regional REIT (LON:RGL) Issues Quarterly Earnings Results

Regional REIT (LON:RGL) posted its quarterly earnings data on Tuesday. The company reported GBX 4.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Regional REIT had a negative net margin of 20.80% and a negative return on equity of 4.99%.

Regional REIT Stock Performance

LON:RGL opened at GBX 95.95 on Tuesday. The company has a market capitalization of £155.52 million, a P/E ratio of -9.50 and a beta of 0.69. The business has a fifty day simple moving average of GBX 96.09 and a two-hundred day simple moving average of GBX 93.62. The company has a debt-to-equity ratio of 85.73, a current ratio of 117.42 and a quick ratio of 1.30. Regional REIT has a 1 year low of GBX 84.80 and a 1 year high of GBX 126.80.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Regional REIT in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Regional REIT currently has an average rating of “Buy” and an average target price of GBX 140.

About Regional REIT

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.