LON:BBOXTritax Big Box REIT Share Price, Forecast & News

GBX 144.88

-0.10 (-0.07 %)

(As of 06/4/2020 10:43 AM ET)

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Today's Range

142.60

Now: GBX 144.88▼

145

50-Day Range

111.60

MA: GBX 124.89▼

143.10

52-Week Range

1.49

Now: GBX 144.88▼

162.60

Volume3.11 million shs

Average Volume3.12 million shs

Market Capitalization£2.47 billion

P/E Ratio10.65

Dividend Yield4.59%

BetaN/A

Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets ("Big Boxes") in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and pre-let forward funded developments, the Company focuses on well-located, modern "Big Box" logistics assets, typically greater than 500,000 sq. ft. (measured by floor area, c. 65% of the Company's existing logistics facilities including forward funded developments are in excess of 500,000 sq ft.), let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand and limited supply of Big Boxes. The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies ("REIT"), is listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
Tritax Big Box REIT has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 138, Tritax Big Box REIT has a potential downside of 4.7% from its current price of GBX 144.88.
Amount of Analyst Coverage
Tritax Big Box REIT has only been the subject of 4 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Tritax Big Box REIT has received 183 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tritax Big Box REIT has received 215 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tritax Big Box REIT has received 54.02% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Tritax Big Box REIT and other stocks. Vote “Outperform” if you believe BBOX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BBOX will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Tritax Big Box REIT is a leading dividend payer. It pays a dividend yield of 4.59%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Tritax Big Box REIT does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Tritax Big Box REIT is 0.51 %. This payout ratio is at a healthy, sustainable level, below 75%.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tritax Big Box REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought £19,360 in company stock and sold GBX 0 in company stock.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Tritax Big Box REIT are expected to decrease by -100.00% in the coming year, from GBX 746 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tritax Big Box REIT is 10.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.27.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tritax Big Box REIT is 10.65, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.91.
Price to Book Value per Share Ratio
Tritax Big Box REIT has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.14 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry REIT - Industrial

Sub-IndustryN/A

SectorFinance

Current SymbolLON:BBOX

Previous Symbol

CUSIPN/A

CIKN/A

Webtritaxbigbox.co.uk

Phone+44-1444-414125

Debt

Debt-to-Equity Ratio43.08

Current Ratio1.39

Quick Ratio1.39

Price-To-Earnings

Trailing P/E Ratio10.65

Forward P/E Ratio0.19

P/E GrowthN/A

Sales & Book Value

Annual Sales£140.63 million

Price / Sales17.59

Cash FlowGBX 10.18 per share

Price / Cash Flow14.23

Book ValueGBX 149.20 per share

Price / Book0.97

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares1,706,969,984

Market Cap£2.47 billion

Next Earnings DateN/A

OptionableOptionable

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Tritax Big Box REIT (LON:BBOX) Frequently Asked Questions

How has Tritax Big Box REIT's stock been impacted by COVID-19 (Coronavirus)?

Tritax Big Box REIT's stock was trading at GBX 125.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BBOX stock has increased by 15.3% and is now trading at GBX 144.88. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Tritax Big Box REIT?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tritax Big Box REIT in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Tritax Big Box REIT.

How were Tritax Big Box REIT's earnings last quarter?

Tritax Big Box REIT PLC (LON:BBOX) posted its quarterly earnings results on Tuesday, March, 17th. The company reported $6.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.90 by $0.26. View Tritax Big Box REIT's earnings history.

How often does Tritax Big Box REIT pay dividends? What is the dividend yield for Tritax Big Box REIT?

Tritax Big Box REIT announced a dividend on Wednesday, April 8th. Investors of record on Thursday, April 23rd will be given a dividend of GBX 1.56 per share on Thursday, May 21st. This represents a yield of 1.3%. The ex-dividend date of this dividend is Thursday, April 23rd. The official announcement can be viewed at this link. View Tritax Big Box REIT's dividend history.

What price target have analysts set for BBOX?

6 brokerages have issued twelve-month price objectives for Tritax Big Box REIT's shares. Their forecasts range from GBX 120 to GBX 150. On average, they anticipate Tritax Big Box REIT's share price to reach GBX 138 in the next twelve months. This suggests that the stock has a possible downside of 4.7%. View analysts' price targets for Tritax Big Box REIT.

Has Tritax Big Box REIT been receiving favorable news coverage?

Media stories about BBOX stock have been trending extremely negative on Thursday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tritax Big Box REIT earned a media sentiment score of -4.3 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the company's share price in the immediate future. View the latest news aboutTritax Big Box REIT.

Who are some of Tritax Big Box REIT's key competitors?

Some companies that are related to Tritax Big Box REIT include SEGRO (SGRO), Granite Real Estate Investment Trust (GRT.UN), BWP Trust (BWP), Big Yellow Group (BYG), Dream Industrial Real Estate Invest Trst (DIR.UN), Safestore (SAFE), Summit Industrial Income REIT (SMU.UN), National Storage REIT Stapled Securities (NSR), WPT Industrial Real Estate Investment (WIR.U), Centuria Industrial Reit (CIP), UK Commercial Property REIT (UKCM), Hansteen (HSTN), Warehouse REIT (WHR), Plymouth Ind Re (PLYM) and Plymouth Industrial Reit (PLYM). View all competitors.

What other stocks do shareholders of Tritax Big Box REIT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tritax Big Box REIT investors own include Allied Minds (ALM), GlaxoSmithKline (GSK), IBM (IBM), Model N (MODN), Morgan Stanley (MS), QUALCOMM (QCOM), Standard Chartered (STAN), AbbVie (ABBV), Basf (BAS) and British Land (BLND).

Who are Tritax Big Box REIT's key executives?

Tritax Big Box REIT's management team includes the following people:

Mr. Frankie Whitehead ACA, Head of Fin.
Ms. Catherine Fry, Head of Risk & Compliance
Ms. Sally Bruer, Head of Research
Mr. Colin Godfrey, Partner of Tritax Management LP & Fund Mang. of Tritax Management LLP
Mr. James Dunlop, Partner of Property Sourcing for Tritax Group

What is Tritax Big Box REIT's stock symbol?

Tritax Big Box REIT trades on the London Stock Exchange (LON) under the ticker symbol "BBOX."

How do I buy shares of Tritax Big Box REIT?

Shares of BBOX and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What is Tritax Big Box REIT's stock price today?

One share of BBOX stock can currently be purchased for approximately GBX 144.88.

How big of a company is Tritax Big Box REIT?

Tritax Big Box REIT has a market capitalization of £2.47 billion and generates £140.63 million in revenue each year.

What is Tritax Big Box REIT's official website?

The official website for Tritax Big Box REIT is tritaxbigbox.co.uk.

How can I contact Tritax Big Box REIT?

Tritax Big Box REIT's mailing address is 4th Fl Standbrook House, 2-5 Old Bond Street, LONDON, W1S 4PD, United Kingdom. The company can be reached via phone at +44-1444-414125.

This page was last updated on 6/4/2020 by MarketBeat.com Staff