NewRiver REIT (LON:NRR) Announces Quarterly Earnings Results

NewRiver REIT (LON:NRR) posted its earnings results on Tuesday. The real estate investment trust reported GBX 6.30 ($0.09) earnings per share (EPS) for the quarter, Digital Look Earnings reports. NewRiver REIT had a net margin of 4.16% and a return on equity of 0.78%.

NewRiver REIT Price Performance

NRR stock opened at GBX 78.62 ($1.07) on Thursday. The company has a debt-to-equity ratio of 90.77, a quick ratio of 3.00 and a current ratio of 5.48. NewRiver REIT has a 52 week low of GBX 62.90 ($0.85) and a 52 week high of GBX 85 ($1.15). The firm’s fifty day moving average is GBX 73.87 and its 200 day moving average is GBX 73.46. The firm has a market cap of £375.08 million, a P/E ratio of 81.88, a P/E/G ratio of -3.14 and a beta of 1.10.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of NewRiver REIT in a report on Friday, May 30th.

Insider Buying and Selling at NewRiver REIT

In other news, insider Alastair Miller purchased 29,359 shares of the company’s stock in a transaction on Wednesday, March 12th. The stock was acquired at an average price of GBX 68 ($0.92) per share, with a total value of £19,964.12 ($27,055.32). 7.73% of the stock is currently owned by corporate insiders.

NewRiver REIT Company Profile

NewRiver is a leading Real Estate Investment Trust specialising in buying, managing and developing retail and leisure assets across the UK. Every day, our shopping centres, retail parks and pubs provide essential goods and services to their local communities.