Strawberry Fields REIT (STRW) to Release Quarterly Earnings on Friday

Strawberry Fields REIT (NYSEAMERICAN:STRW - Get Free Report) will likely be releasing its earnings data before the market opens on Friday, May 9th. Analysts expect Strawberry Fields REIT to post earnings of $0.29 per share for the quarter.

Strawberry Fields REIT Stock Performance

Shares of Strawberry Fields REIT stock traded up $0.35 during trading on Friday, reaching $10.89. 106,206 shares of the company's stock were exchanged, compared to its average volume of 62,338. Strawberry Fields REIT has a 1-year low of $8.70 and a 1-year high of $12.90. The company has a market cap of $81.46 million, a P/E ratio of 21.35, a PEG ratio of 1.10 and a beta of 0.51. The firm's 50-day moving average price is $11.42 and its 200 day moving average price is $11.37.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Compass Point initiated coverage on shares of Strawberry Fields REIT in a research note on Thursday, January 16th. They issued a "buy" rating and a $14.00 target price on the stock. Wedbush initiated coverage on Strawberry Fields REIT in a report on Monday, January 6th. They issued an "outperform" rating and a $12.00 target price on the stock. Finally, Lake Street Capital began coverage on shares of Strawberry Fields REIT in a report on Wednesday, January 8th. They set a "buy" rating and a $13.50 price objective for the company.

About Strawberry Fields REIT

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.