Regional REIT (LON:RGL) Posts Earnings Results

Key Points

• Regional REIT reported a quarterly earnings per share (EPS) of GBX 4.90, with a negative return on equity of 28.79% and a negative net margin of 89.90%.
• The company's market cap is £198.07 million, with a current stock price of GBX 122.20, reflecting a price-to-earnings ratio of -364.78.
• Insider David Hunter purchased 30,000 shares at an average cost of GBX 125, indicating confidence in the company's future performance.

Regional REIT (LON:RGL - Get Free Report) posted its earnings results on Tuesday. The company reported GBX (4.90) EPS for the quarter, Digital Look Earnings reports. Regional REIT had a negative return on equity of 28.79% and a negative net margin of 89.90%.

Regional REIT Price Performance

Shares of RGL traded up GBX 0.80 during trading hours on Friday, reaching GBX 124.80. 134,932 shares of the stock traded hands, compared to its average volume of 295,626. The company has a current ratio of 0.67, a quick ratio of 1.30 and a debt-to-equity ratio of 153.74. Regional REIT has a 52-week low of GBX 97.60 and a 52-week high of GBX 140.60. The company's 50-day moving average price is GBX 123.81 and its two-hundred day moving average price is GBX 116.92. The company has a market cap of £202.29 million, a P/E ratio of -372.54 and a beta of 0.90.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a "house stock" rating on shares of Regional REIT in a research report on Tuesday, September 9th.

Insiders Place Their Bets

In related news, insider David Hunter purchased 30,000 shares of Regional REIT stock in a transaction on Monday, July 7th. The shares were bought at an average cost of GBX 125 per share, for a total transaction of £37,500. Also, insider Stephen Inglis purchased 40,000 shares of Regional REIT stock in a transaction on Thursday, September 11th. The stock was bought at an average price of GBX 124 per share, for a total transaction of £49,600. 1.07% of the stock is currently owned by insiders.

About Regional REIT

Regional REIT Limited is a UK based real estate investment trust, focused on building a large geographically diverse portfolio of income producing regional properties outside of the M25 motorway. Regional REIT pursues its investment objective by investing in, actively managing and disposing of regional core property and core plus property assets.