Prs Reit (PRSR) Share Price, News & Analysis

Company Overview

The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector ("PRS") and to provide shareholders with an attractive level of income together with the potential for capital and income growth. The Company has investment of over £1bn in a portfolio of high-quality homes for private rental across the regions, having raised a total of £0.56bn (gross) through its Initial Public Offering, on 31 May 2017 and subsequent fundraisings in February 2018 and September 2021. The UK Government's Homes England has supported the Company with direct investments. On 2 March 2021, the Company transferred its entire issued share capital to the premium listing segment of the Official List of the FCA and to the London Stock Exchange's premium segment of the Main Market. Now comprising over 5,000 build-to-rent homes, the Company believes its portfolio is the largest build-to-rent single-family rental portfolio in the UK.

Key Stats

• Today's Range: 105.20 to 107.20
• 50-Day Range: 89.50 to 109.20
• 52-Week Range: 71.10 to 109.80
• Volume: 1.07 million shs
• Average Volume: 856,439 shs
• Market Capitalization: £581.11 million
• P/E Ratio: 958.18
• Dividend Yield: 3.78%
• Price Target: GBX 120
• Consensus Rating: Buy

Prs Reit Stock Analysis - MarketRank™

Prs Reit scored higher than 51% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Prs Reit has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Prs Reit has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Prs Reit is 958.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 135.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Prs Reit is 958.18, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 272.64.

Price to Earnings Growth Ratio

Prs Reit has a PEG Ratio of 0.34. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Prs Reit has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PRSR.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Prs Reit is a leading dividend payer. It pays a dividend yield of 4.00%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Prs Reit does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Prs Reit is 3,636.36%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PRSR.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: N/A

News Sentiment

Prs Reit has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.40 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Prs Reit this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Prs Reit insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.59% of the stock of Prs Reit is held by insiders.

Percentage Held by Institutions

82.60% of the stock of Prs Reit is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PRSR Stock Analysis - Frequently Asked Questions

How have PRSR shares performed this year?

Prs Reit's stock was trading at GBX 86.20 at the beginning of the year. Since then, PRSR stock has increased by 22.3% and is now trading at GBX 105.40.
View the best growth stocks for 2024 here.

How do I buy shares of Prs Reit?

Shares of PRSR stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of Prs Reit own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Prs Reit investors own include Intel (INTC), AutoZone (AZO), Johnson & Johnson (JNJ), Legal & General Group (LGEN), Meta Platforms (META), Procter & Gamble (PG) and Shell (SHEL).

Company Calendar

• Ex-Dividend for 8/30 Dividend: 8/08/2024
• Dividend Payable: 8/30/2024
• Today: 10/31/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Real Estate
• Industry: REIT - Residential
• Sub-Industry: Trading
• Current Symbol: LON:PRSR
• CUSIP: N/A
• CIK: N/A
• Web: www.theprsreit.com
• Phone: 44 333 999 9926
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 120
• High Stock Price Target: GBX 120
• Low Stock Price Target: GBX 120
• Potential Upside/Downside: +13.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.11
• Trailing P/E Ratio: 958.18
• Forward P/E Ratio: 23.74
• P/E Growth: 0.34
• Net Income: £58.02 million
• Net Margins: 108.08%
• Pretax Margin: N/A
• Return on Equity: 8.78%
• Return on Assets: 2.07%

Debt

• Debt-to-Equity Ratio: 60.00
• Current Ratio: 0.58
• Quick Ratio: 0.39

Sales & Book Value

• Annual Sales: £53.68 million
• Price / Sales: 10.78
• Cash Flow: GBX 10.91 per share
• Price / Cash Flow: 9.66
• Book Value: GBX 124 per share
• Price / Book: 0.85

Miscellaneous

• Outstanding Shares: 549,250,000
• Free Float: N/A
• Market Cap: £578.91 million
• Optionable: Not Optionable
• Beta: 0.55