McKay Securities (LON:MCKS) Releases Earnings Results, Beats Expectations By $0.69 EPS

McKay Securities (LON:MCKS) issued its quarterly earnings data on Monday. The real estate investment trust reported GBX 5.39 ($0.07) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 4.70 ($0.06) by GBX 0.69 ($0.01), Digital Look Earnings reports.

Shares of LON MCKS remained flat at $GBX 243 ($3.18) during midday trading on Monday. 54,466 shares of the company were exchanged, compared to its average volume of 72,972. McKay Securities has a fifty-two week low of GBX 215 ($2.81) and a fifty-two week high of GBX 265 ($3.46). The stock’s 50 day moving average is GBX 228.36 and its 200-day moving average is GBX 231.18. The company has a current ratio of 1.35, a quick ratio of 0.48 and a debt-to-equity ratio of 53.87. The firm has a market capitalization of $225.95 million and a P/E ratio of 17.48.

The business also recently disclosed a dividend, which will be paid on Thursday, January 2nd. Investors of record on Thursday, November 28th will be paid a dividend of GBX 2.80 ($0.04) per share. This represents a dividend yield of 1.15%. The ex-dividend date of this dividend is Thursday, November 28th. McKay Securities’s dividend payout ratio is currently 0.72%.

Separately, Peel Hunt restated an “add” rating on shares of McKay Securities in a research note on Monday.

McKay Securities Company Profile

McKay Securities PLC is a commercial property investment company with Real Estate Investment Trust (REIT) status, listed on the main market of the London Stock Exchange. It specialises in the development and refurbishment of good quality office and industrial buildings within established and proven markets of central London and South East England.

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