Warehouse REIT (LON:WHR) Trading Down 0.3% – What’s Next?

Shares of Warehouse REIT (LON:WHR) fell 0.3% on Friday . The stock traded as low as GBX 78.30 ($0.97) and last traded at GBX 78.60 ($0.98). 636,384 shares were traded during mid-day trading, a decline of 25% from the average session volume of 851,761 shares. The stock had previously closed at GBX 78.80 ($0.98).

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “hold” rating on shares of Warehouse REIT in a report on Thursday, November 21st.

Warehouse REIT Stock Performance

The company has a market capitalization of £333.94 million, a P/E ratio of 982.50, a P/E/G ratio of 1.79 and a beta of 0.91. The company has a debt-to-equity ratio of 55.20, a quick ratio of 0.71 and a current ratio of 5.48. The business’s fifty day simple moving average is GBX 82.66 and its 200-day simple moving average is GBX 84.58.

Warehouse REIT Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, November 28th were issued a GBX 1.60 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, November 28th. This represents a dividend yield of 1.91%. Warehouse REIT’s dividend payout ratio (DPR) is 7,500.00%.

Warehouse REIT Company Profile

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.