Regional REIT (LON:RGL) Announces 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) earnings per share for the quarter, Digital Look Earnings reports. Regional REIT had a negative net margin of 89.90% and a negative return on equity of 28.79%.

Regional REIT Stock Up 0.6%

Shares of LON RGL traded up GBX 0.80 during mid-day trading on Friday, reaching GBX 124.80. The company had a trading volume of 134,932 shares, 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. The firm has a 50 day simple moving average of GBX 123.80 and a two-hundred day simple moving average of GBX 116.83. The stock has a market cap of £202.29 million, a P/E ratio of -372.54 and a beta of 0.90. Regional REIT has a 52-week low of GBX 97.60 and a 52-week high of GBX 140.60.

Insiders Place Their Bets

In related news, insider Stephen Inglis bought 40,000 shares of the company's stock in a transaction that occurred on Thursday, September 11th. The shares were purchased at an average cost of GBX 124 per share, with a total value of £49,600. Also, insider David Hunter bought 30,000 shares of the company's stock in a transaction that occurred on Monday, July 7th. The stock was bought at an average cost of GBX 125 per share, for a total transaction of £37,500. Company insiders own 1.07% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a "house stock" rating on shares of Regional REIT in a research note on Tuesday.

Regional REIT Company Profile

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.