Crest Nicholson Holdings plc Declares Dividend of GBX 1 (LON:CRST)

Crest Nicholson Holdings plc (LON:CRST) announced a dividend on Thursday, June 13th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 19th will be paid a dividend of GBX 1 ($0.01) per share on Friday, October 11th. This represents a dividend yield of 0.42%. The ex-dividend date is Thursday, September 19th. The official announcement can be viewed at this link.

Crest Nicholson Stock Performance

Shares of LON CRST opened at GBX 194.90 ($2.57) on Wednesday. The company has a debt-to-equity ratio of 13.12, a current ratio of 3.13 and a quick ratio of 0.72. Crest Nicholson has a one year low of GBX 152.70 ($2.02) and a one year high of GBX 272.40 ($3.60). The business’s 50-day moving average price is GBX 230.03 and its two-hundred day moving average price is GBX 220.61. The company has a market capitalization of £499.57 million, a P/E ratio of -1,946.18, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00.

Wall Street Analysts Forecast Growth

CRST has been the topic of several recent research reports. Royal Bank of Canada raised their price objective on shares of Crest Nicholson from GBX 175 ($2.31) to GBX 250 ($3.30) and gave the company an “underperform” rating in a research report on Tuesday, June 18th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Crest Nicholson in a report on Friday, July 5th. Finally, Berenberg Bank cut shares of Crest Nicholson to a “hold” rating and set a GBX 280 ($3.70) price objective for the company. in a report on Wednesday, July 31st. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of GBX 229.40 ($3.03).

About Crest Nicholson

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties. The company was founded in 1963 and is headquartered in Addlestone, the United Kingdom.