Target Healthcare REIT (LON:THRL) Announces Quarterly Earnings Results

Target Healthcare REIT (LON:THRL) released its earnings results on Friday. The company reported GBX 3.06 ($0.04) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Target Healthcare REIT had a net margin of 104.99% and a return on equity of 10.78%.

Target Healthcare REIT Price Performance

THRL stock opened at GBX 92.80 ($1.20) on Friday. Target Healthcare REIT has a 1 year low of GBX 75 ($0.97) and a 1 year high of GBX 93.90 ($1.21). The company has a current ratio of 7.20, a quick ratio of 1.52 and a debt-to-equity ratio of 34.92. The stock has a 50-day moving average price of GBX 84.53 and a two-hundred day moving average price of GBX 85.89. The stock has a market cap of £568.03 million, a PE ratio of 7.78, a price-to-earnings-growth ratio of 1.48 and a beta of 0.44.

About Target Healthcare REIT

Our investment objective is to provide shareholders with an attractive level of income together with the potential for capital and income growth, from a portfolio of UK care homes, diversified by tenant, geography, and resident payment profile. We only invest in modern, purpose-built homes.