Supermarket Income REIT (LON:SUPR) Announces Quarterly Earnings Results

Supermarket Income REIT (LON:SUPR) released its quarterly earnings data on Wednesday. The company reported GBX 5.70 earnings per share for the quarter, Digital Look Earnings reports. Supermarket Income REIT had a net margin of 54.91% and a return on equity of 5.56%.

Supermarket Income REIT Stock Up 0.7%

Shares of LON:SUPR traded up GBX 0.59 during trading on Thursday, hitting GBX 84.74. 1,797,342 shares of the company’s stock traded hands, compared to its average volume of 13,235,754. The company has a current ratio of 1.73, a quick ratio of 1.95 and a debt-to-equity ratio of 80.37. The company has a 50-day moving average price of GBX 85.41 and a 200-day moving average price of GBX 84.13. Supermarket Income REIT has a 52 week low of GBX 76.22 and a 52 week high of GBX 89.40. The company has a market cap of £1.16 billion, a price-to-earnings ratio of 17.29, a price-to-earnings-growth ratio of 15.09 and a beta of 0.59.

Insider Buying and Selling at Supermarket Income REIT

In related news, insider Sapna Shah bought 48,192 shares of the company’s stock in a transaction on Wednesday, July 15th. The shares were purchased at an average cost of GBX 83 per share, for a total transaction of £39,999.36. Also, insider Andrew Nicholas Hewson purchased 12,000 shares of the business’s stock in a transaction on Wednesday, July 15th. The stock was bought at an average cost of GBX 83 per share, for a total transaction of £9,960. Insiders purchased 236,963 shares of company stock worth $19,637,542 in the last quarter. Company insiders own 0.25% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Peel Hunt upgraded shares of Supermarket Income REIT to a “buy” rating and increased their target price for the stock from GBX 90 to GBX 100 in a report on Wednesday, August 5th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 89 price target on shares of Supermarket Income REIT in a report on Thursday, July 2nd. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Supermarket Income REIT currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 93.

Supermarket Income REIT News Roundup

Here are the key news stories impacting Supermarket Income REIT this week:

• Positive Sentiment: Director Rob Abraham purchased 30,387 shares at GBX 82, worth approximately £24,917. The purchase follows his acquisition of a further 60,240 shares in July, providing a positive signal of management confidence in SUPR’s valuation and outlook. Supermarket Income REIT insider share purchase
• Positive Sentiment: The REIT reported improved full-year profit and said it sees further acquisition opportunities ahead. Its grocery-property portfolio has reached £2 billion, while management is targeting long-term growth to £4 billion and approximately 2% annual dividend growth. These plans support the investment case of expanding secure, inflation-linked rental income. Supermarket Income REIT portfolio reaches £2 billion SUPR sets out ambition to double portfolio
• Positive Sentiment: Reported quarterly EPS was GBX 5.70, alongside a 54.91% net margin and 5.56% return on equity. Analysts expect full-year EPS of roughly GBX 6.03, indicating continued earnings support for the dividend-focused investment trust. Supermarket Income REIT full-year profit advances
• Neutral Sentiment: Analyst sentiment remains constructive: SUPR has a “Moderate Buy” consensus, with three Buy ratings and one Hold rating and an average target price of GBX 93. However, the stock’s debt-to-equity ratio of approximately 80% means future acquisitions may remain sensitive to financing costs and property valuations.

About Supermarket Income REIT

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI), a FTSE 250 company, is the only LSE listed company dedicated to investing in grocery properties which are an essential part of national food infrastructure. The Company focuses on grocery stores which are predominantly omnichannel, fulfilling online and in-person sales and are let to leading supermarket operators in the UK and Europe.

The Company’s properties earn long-dated, secure, inflation-linked, growing income. SUPR targets a progressive dividend and the potential for long term capital growth.