Shore Capital reaffirmed their buy rating on shares of SEGRO (LON:SGRO - Free Report) in a report published on Wednesday, MarketBeat.com reports.
SEGRO Stock Performance
Shares of SGRO stock traded up GBX 0.60 ($0.01) on Wednesday, hitting GBX 689.20 ($9.15). The company had a trading volume of 2,037,571 shares, compared to its average volume of 10,983,150. The firm has a market cap of £9.26 billion, a P/E ratio of -893.99, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. SEGRO has a twelve month low of GBX 586.85 ($7.79) and a twelve month high of GBX 949 ($12.59). The company has a 50-day moving average price of GBX 682.07 and a 200-day moving average price of GBX 719.04. The company has a quick ratio of 0.62, a current ratio of 1.30 and a debt-to-equity ratio of 42.10.
SEGRO (LON:SGRO - Get Free Report) last issued its quarterly earnings data on Friday, February 14th. The real estate investment trust reported GBX 34.50 ($0.46) EPS for the quarter. SEGRO had a negative net margin of 1.36% and a negative return on equity of 0.09%. As a group, equities research analysts predict that SEGRO will post 37.4077408 earnings per share for the current fiscal year.
SEGRO Increases Dividend
The business also recently declared a dividend, which will be paid on Wednesday, May 14th. Investors of record on Thursday, March 27th will be given a dividend of GBX 20.20 ($0.27) per share. This represents a dividend yield of 2.88%. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from SEGRO's previous dividend of $9.10. SEGRO's dividend payout ratio is -3,632.01%.
Insider Buying and Selling
In other SEGRO news, insider Soumen Das sold 73,234 shares of the company's stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of GBX 704 ($9.34), for a total value of £515,567.36 ($684,139.28). 0.33% of the stock is currently owned by insiders.
SEGRO Company Profile
(
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SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.
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