Supermarket Income REIT (LON:SUPR) Posts Quarterly Earnings Results

Supermarket Income REIT (LON:SUPRGet Free Report) announced its quarterly earnings results on Wednesday. The company reported GBX 5.70 EPS for the quarter, Digital Look Earnings reports. Supermarket Income REIT had a return on equity of 5.56% and a net margin of 54.91%.

Supermarket Income REIT Stock Up 2.1%

Shares of SUPR stock opened at GBX 84.15 on Wednesday. The stock’s 50 day simple moving average is GBX 85.48 and its 200 day simple moving average is GBX 84.16. The company has a debt-to-equity ratio of 80.37, a quick ratio of 1.95 and a current ratio of 1.73. Supermarket Income REIT has a twelve month low of GBX 76.22 and a twelve month high of GBX 89.40. The company has a market capitalization of £1.15 billion, a price-to-earnings ratio of 17.17, a PEG ratio of 15.09 and a beta of 0.59.

Insider Transactions at Supermarket Income REIT

In related news, insider Mike Perkins bought 12,048 shares of the firm’s stock in a transaction on Wednesday, July 15th. The stock was purchased at an average price of GBX 83 per share, with a total value of £9,999.84. Also, insider Rob Abraham purchased 60,240 shares of the stock in a transaction on Wednesday, July 15th. The shares were bought at an average price of GBX 83 per share, for a total transaction of £49,999.20. In the last quarter, insiders acquired 206,576 shares of company stock worth $17,145,808. 0.25% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on SUPR shares. Peel Hunt raised shares of Supermarket Income REIT to a “buy” rating and raised their price objective for the company from GBX 90 to GBX 100 in a research report on Wednesday, August 5th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 89 target price on shares of Supermarket Income REIT in a research report on Thursday, July 2nd. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of GBX 93.

Get Our Latest Stock Analysis on SUPR

Supermarket Income REIT Company Profile

(Get Free Report)

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI), a FTSE 250 company, is the only LSE listed company dedicated to investing in grocery properties which are an essential part of national food infrastructure. The Company focuses on grocery stores which are predominantly omnichannel, fulfilling online and in-person sales and are let to leading supermarket operators in the UK and Europe.

The Company’s properties earn long-dated, secure, inflation-linked, growing income. SUPR targets a progressive dividend and the potential for long term capital growth.

Recommended Stories

Receive News & Ratings for Supermarket Income REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Supermarket Income REIT and related companies with MarketBeat.com's FREE daily email newsletter.