Strawberry Fields REIT's (STRW) "Outperform" Rating Reiterated at Wedbush

Wedbush reissued their outperform rating on shares of Strawberry Fields REIT (NASDAQ:STRW - Free Report) in a report released on Monday,RTT News reports. Wedbush currently has a $13.00 target price on the stock, down from their prior target price of $14.00. Wedbush also issued estimates for Strawberry Fields REIT's Q2 2025 earnings at $0.29 EPS, Q3 2025 earnings at $0.30 EPS, Q1 2026 earnings at $0.31 EPS, Q2 2026 earnings at $0.32 EPS, Q4 2026 earnings at $0.33 EPS and FY2026 earnings at $1.29 EPS.

Separately, Compass Point set a $14.00 price target on Strawberry Fields REIT in a research report on Wednesday, January 15th.

Strawberry Fields REIT Stock Up 1.1%

Shares of STRW traded up $0.11 during mid-day trading on Monday, reaching $10.39. 32,019 shares of the company's stock traded hands, compared to its average volume of 77,789. The firm's 50-day simple moving average is $11.13. The company has a market cap of $129.30 million, a PE ratio of 20.37, a P/E/G ratio of 1.16 and a beta of 0.47. Strawberry Fields REIT has a 12 month low of $8.70 and a 12 month high of $12.90.

Strawberry Fields REIT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date is Monday, June 16th. Strawberry Fields REIT's dividend payout ratio is currently 96.55%.

Insider Activity

In other news, Director Michael Blisko bought 10,000 shares of the business's stock in a transaction on Tuesday, April 8th. The stock was purchased at an average cost of $9.25 per share, for a total transaction of $92,500.00. Following the completion of the transaction, the director now directly owns 314,582 shares of the company's stock, valued at approximately $2,909,883.50. This trade represents a 3.28% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 10.60% of the company's stock.

Institutional Trading of Strawberry Fields REIT

A number of hedge funds and other institutional investors have recently modified their holdings of STRW. CWM LLC boosted its stake in Strawberry Fields REIT by 36,616.7% during the first quarter. CWM LLC now owns 2,203 shares of the company's stock valued at $26,000 after buying an additional 2,197 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Strawberry Fields REIT by 2,191.7% in the 1st quarter. GAMMA Investing LLC now owns 3,025 shares of the company's stock valued at $36,000 after acquiring an additional 2,893 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Strawberry Fields REIT by 39.6% during the 4th quarter. Wells Fargo & Company MN now owns 3,902 shares of the company's stock valued at $41,000 after purchasing an additional 1,107 shares in the last quarter. Corebridge Financial Inc. boosted its position in shares of Strawberry Fields REIT by 48.0% during the 1st quarter. Corebridge Financial Inc. now owns 4,570 shares of the company's stock valued at $54,000 after purchasing an additional 1,482 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Strawberry Fields REIT by 52.9% in the 4th quarter. Bank of America Corp DE now owns 4,725 shares of the company's stock worth $50,000 after purchasing an additional 1,634 shares during the last quarter.

About Strawberry Fields REIT

Strawberry Fields REIT, Inc engages in the ownership, acquisition, development, and leasing of skilled nursing and certain other healthcare-related properties. The company was founded by Moishe Gubin in 2014 and is headquartered in South Bend, IN.