Regional REIT (LON:RGL) Posts Quarterly Earnings Results

Regional REIT (LON:RGL) announced its earnings results on Tuesday. The company reported GBX 4.20 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

Shares of RGL opened at GBX 95.95 on Tuesday. The company has a current ratio of 117.42, a quick ratio of 1.30 and a debt-to-equity ratio of 85.73. The company has a market capitalization of £155.52 million, a price-to-earnings ratio of -9.50 and a beta of 0.69. The stock has a 50 day moving average of GBX 96.09 and a 200 day moving average of GBX 93.62. Regional REIT has a 12 month low of GBX 84.80 and a 12 month high of GBX 126.80.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “house stock” rating on shares of Regional REIT in a report on Tuesday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Regional REIT presently has a consensus rating of “Buy” and a consensus price target of GBX 140.

Regional REIT Company Profile

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.