Strawberry Fields REIT (STRW) Projected to Post Earnings on Tuesday

Strawberry Fields REIT (NYSEAMERICAN:STRW) is expected to be releasing its earnings data before the market opens on Tuesday, March 18th. Analysts expect Strawberry Fields REIT to post earnings of $0.29 per share for the quarter.

Strawberry Fields REIT Stock Performance

STRW stock opened at $12.56 on Friday. The firm has a market capitalization of $93.95 million, a price-to-earnings ratio of 24.63, a PEG ratio of 1.10 and a beta of 0.51. Strawberry Fields REIT has a 12 month low of $6.56 and a 12 month high of $12.90. The company’s 50 day simple moving average is $11.35.

Insiders Place Their Bets

In related news, Director Michael Blisko bought 9,800 shares of the business’s stock in a transaction on Thursday, December 19th. The stock was bought at an average price of $10.25 per share, for a total transaction of $100,450.00. Following the transaction, the director now directly owns 224,680 shares in the company, valued at $2,302,970. This represents a 4.56 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 10.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on STRW shares. Wedbush started coverage on shares of Strawberry Fields REIT in a research report on Monday, January 6th. They issued an “outperform” rating and a $12.00 price target for the company. Janney Montgomery Scott started coverage on shares of Strawberry Fields REIT in a research report on Wednesday, December 18th. They issued a “buy” rating and a $12.50 price target for the company. Compass Point started coverage on shares of Strawberry Fields REIT in a research report on Thursday, January 16th. They issued a “buy” rating and a $14.00 price target for the company. Finally, Lake Street Capital started coverage on shares of Strawberry Fields REIT in a research report on Wednesday, January 8th. They issued a “buy” rating and a $13.50 price target for the company.

Strawberry Fields REIT Company Profile

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.