Warehouse REIT’s (WHR) “Hold” Rating Reiterated at Shore Capital

Shore Capital reissued their hold rating on shares of Warehouse REIT (LON:WHR) in a research note published on Monday, Marketbeat.com reports.

Separately, Jefferies Financial Group reissued a buy rating and issued a GBX 108 ($1.37) price target on shares of Warehouse REIT in a report on Monday.

Warehouse REIT Price Performance

Warehouse REIT stock opened at GBX 81 ($1.03) on Monday. Warehouse REIT has a 1-year low of GBX 68 ($0.86) and a 1-year high of GBX 93 ($1.18). The firm has a market capitalization of £344.14 million, a price-to-earnings ratio of -300.00, a P/E/G ratio of 1.79 and a beta of 0.88. The company has a current ratio of 0.94, a quick ratio of 0.71 and a debt-to-equity ratio of 55.11. The firm has a 50 day simple moving average of GBX 81.47 and a 200 day simple moving average of GBX 82.66.

Warehouse REIT Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, July 4th will be given a GBX 1.60 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, July 4th. This represents a yield of 1.99%. Warehouse REIT’s dividend payout ratio (DPR) is presently -2,222.22%.

About Warehouse REIT

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.