Triple Point Social Housing REIT (LON:SOHO) Announces Earnings Results

Key Points

• Triple Point Social Housing REIT reported GBX 3.34 earnings per share for the quarter, with a net margin of 62.91% and a return on equity of 5.77%.
• The company's stock opened at GBX 70.50, with a fifty-two week range between GBX 54.50 and GBX 74, and a market capitalization of £277.39 million.
• Triple Point Social Housing REIT aims to address the housing crisis in the UK by investing in high-quality social housing for vulnerable adults needing long-term care and support.

Triple Point Social Housing REIT (LON:SOHO - Get Free Report) posted its earnings results on Wednesday. The company reported GBX 3.34 EPS for the quarter, Digital Look Earnings reports. Triple Point Social Housing REIT had a return on equity of 5.77% and a net margin of 62.91%.

Triple Point Social Housing REIT Stock Performance

SOHO stock traded up GBX 0.60 on Monday, reaching GBX 70.80. The company had a trading volume of 1,322,022 shares, compared to its average volume of 950,766. Triple Point Social Housing REIT has a 1 year low of GBX 54.50 and a 1 year high of GBX 74. The company has a market cap of £278.57 million, a P/E ratio of -765.41 and a beta of 0.30. The company's fifty day moving average is GBX 69.01 and its 200 day moving average is GBX 66.97.

About Triple Point Social Housing REIT

Social Housing REIT seeks to address the ongoing housing crisis by investing in the UK social housing sector, providing sustainable high-quality homes which have been adapted for vulnerable adults with long-term care and support needs including mental health issues, learning disabilities, or physical and sensory impairment. We believe our residents deserve a home that offers greater independence than institutional accommodation, at the same time as meeting their specialist care needs.