Warehouse REIT (LON:WHR) Stock Price Up 0.3% – Still a Buy?

Warehouse REIT (LON:WHR)’s stock price was up 0.3% during trading on Monday . The company traded as high as GBX 79 ($0.98) and last traded at GBX 78.30 ($0.97). Approximately 668,586 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 968,181 shares. The stock had previously closed at GBX 78.09 ($0.97).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “hold” rating on shares of Warehouse REIT in a research note on Thursday, November 21st.

Warehouse REIT Price Performance

The stock has a market cap of £332.67 million, a P/E ratio of 978.75, a price-to-earnings-growth ratio of 1.79 and a beta of 0.91. The company has a quick ratio of 0.71, a current ratio of 5.48 and a debt-to-equity ratio of 55.20. The business’s 50-day simple moving average is GBX 80 and its two-hundred day simple moving average is GBX 84.26.

Warehouse REIT (LON:WHR) last announced its quarterly earnings results on Thursday, November 21st. The company reported GBX 2.90 ($0.04) EPS for the quarter. Warehouse REIT had a net margin of 67.23% and a return on equity of 6.45%. Sell-side analysts expect that Warehouse REIT will post 5.74454 EPS for the current year.

Warehouse REIT Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, November 28th were given a GBX 1.60 ($0.02) dividend. This represents a dividend yield of 1.91%. The ex-dividend date of this dividend was Thursday, November 28th. Warehouse REIT’s dividend payout ratio (DPR) is presently 7,500.00%.

Warehouse REIT Company Profile

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.