LON:NRR

NewRiver REIT Share Forecast, Price & News

GBX 101.20

-0.40 (-0.39 %)

(As of 04/9/2021 12:00 AM ET)

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Today's Range

100.80

Now: GBX 101.20▼

102.80

50-Day Range

MA: GBX 98.59▼

106.80

52-Week Range

42.70

Now: GBX 101.20▼

109.20

Volume308,935 shs

Average Volume919,845 shs

Market Capitalization£309.98 million

P/E RatioN/A

Dividend Yield36.00%

BetaN/A

NewRiver REIT plc (Â'NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing and developing essential retail and leisure assets throughout the UK. Our Â£1.1 billion portfolio covers 9 million sq ft and comprises 33 community shopping centres, 24 conveniently located retail parks and 700 community pubs. We hand-picked our assets to deliberately focus on occupiers providing essential goods and services, and avoid structurally challenged sub-sectors such as department stores, mid-market fashion and casual dining. This focus, combined with our affordable rents and desirable locations, delivers sustainable and growing returns for our shareholders, while our active approach to asset management and inbuilt 2.6 million sq ft development pipeline provide further opportunities to extract value from our portfolio. NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR).

Industry, Sector and Symbol

Stock Exchange LON

Industry REIT - Retail

Sub-IndustryN/A

SectorReal Estate

Current SymbolLON:NRR

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.nrr.co.uk

Phone+44-20-33285800

Employees184

Year FoundedN/A

Debt

Debt-to-Equity Ratio138.75

Current Ratio2.88

Quick Ratio2.76

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio0.05

P/E GrowthN/A

Sales & Book Value

Annual Sales£133.30 million

Price / Sales2.33

Cash FlowGBX 44.04 per share

Price / Cash Flow2.30

Book ValueGBX 169.20 per share

Price / Book0.60

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares306,300,000

Market Cap£309.98 million

Next Earnings Date6/2/2021 (Estimated)

OptionableNot Optionable

Headlines

NewRiver REIT (LON:NRR) Rating Reiterated by Shore Capital
April 6, 2021 | americanbankingnews.com

NewRiver joint venture completes GBP41 million Sheffield property buy
April 6, 2021 | lse.co.uk

NewRiver REIT plc (LON:NRR) Receives Average Rating of "Buy" from Analysts
April 4, 2021 | americanbankingnews.com

NewRiver REIT (LON:NRR) Shares Cross Above 50-Day Moving Average of $92.09
March 23, 2021 | americanbankingnews.com

Would Shareholders Who Purchased NewRiver REIT's (LON:NRR) Stock Five Years Be Happy With The Share price Today?
February 22, 2021 | finance.yahoo.com

NewRiver REIT Says Making Progress In Rent Collection In Third Quarter
January 21, 2021 | lse.co.uk

Tracsis PLC - Final Results
November 28, 2020 | proactiveinvestors.com

NewRiver REIT Sees Interim Loss Widen Due To Covid-19 Disruption
November 26, 2020 | lse.co.uk

NewRiver Highlights Improved Rent Collection Amid Re-openings
October 8, 2020 | lse.co.uk

A Look At NewRiver REIT's (LON:NRR) Share Price Returns
August 25, 2020 | finance.yahoo.com

NewRiver REIT Says Lockhart Steps Down From Non-Executive Role
August 16, 2020 | lse.co.uk

What does the future hold for the Newriver Reit share price?
June 25, 2020 | uk.finance.yahoo.com

NewRiver REIT NAV Falls As It Prepares For "New Normal" For Retail
June 18, 2020 | www.lse.co.uk

Will the Newriver Reit share price run continue?
June 9, 2020 | uk.finance.yahoo.com

NewRiver REIT plc (NRR.L)
May 23, 2020 | uk.finance.yahoo.com

Newriver Reit Share Chat
May 7, 2020 | www.lse.co.uk

NewRiver REIT PLC
May 7, 2020 | www.barrons.com

Here's why Newriver Reit (LON:NRR) might cut its dividend payment
March 18, 2020 | uk.finance.yahoo.com

If You Had Bought NewRiver REIT (LON:NRR) Stock Three Years Ago, You'd Be Sitting On A 42% Loss, Today
February 24, 2020 | finance.yahoo.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.39 out of 5 stars

1.3 Analyst's Opinion

Consensus Rating
NewRiver REIT has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 91.25, NewRiver REIT has a forecasted downside of 9.8% from its current price of GBX 101.20.
Amount of Analyst Coverage
NewRiver REIT has only been the subject of 1 research reports in the past 90 days.

3.4 Community Rank

Outperform Votes
NewRiver REIT has received 441 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NewRiver REIT has received 211 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NewRiver REIT has received 67.64% “outperform” votes from our community.

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

1.7 Dividend Strength

Dividend Leadership
NewRiver REIT is a leading dividend payer. It pays a dividend yield of 36.00%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
NewRiver REIT does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NewRiver REIT insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £177,600 in company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of NewRiver REIT is -1.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of NewRiver REIT is -1.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
NewRiver REIT has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

GBX 101.20

-0.40 (-0.39 %)

(As of 04/9/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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NewRiver REIT (LON:NRR) Frequently Asked Questions

Is NewRiver REIT a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NewRiver REIT in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NewRiver REIT stock.
View analyst ratings for NewRiver REIT or view top-rated stocks.

What stocks does MarketBeat like better than NewRiver REIT?

Wall Street analysts have given NewRiver REIT a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but NewRiver REIT wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is NewRiver REIT's next earnings date?

NewRiver REIT is scheduled to release its next quarterly earnings announcement on Wednesday, June 2nd 2021.
View our earnings forecast for NewRiver REIT.

How has NewRiver REIT's stock been impacted by Coronavirus?

NewRiver REIT's stock was trading at GBX 149.20 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NRR stock has decreased by 32.2% and is now trading at GBX 101.20.
View which stocks have been most impacted by COVID-19.

Is NewRiver REIT a good dividend stock?

NewRiver REIT pays an annual dividend of GBX 0.11 per share and currently has a dividend yield of 36.00%. NRR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View NewRiver REIT's dividend history.

What price target have analysts set for NRR?

6 Wall Street analysts have issued 12-month target prices for NewRiver REIT's shares. Their forecasts range from GBX 60 to GBX 145. On average, they expect NewRiver REIT's share price to reach GBX 91.25 in the next twelve months. This suggests that the stock has a possible downside of 9.8%.
View analysts' price targets for NewRiver REIT or view top-rated stocks among Wall Street analysts.

Who are NewRiver REIT's key executives?

NewRiver REIT's management team includes the following people:

Mr. Allan Lockhart, Founder, CEO & Director (Age 56, Pay $543.24k)
Mr. Mark Davies, CFO & Director (Age 46, Pay $471.13k)
Mr. Lawrence Fisher, Head of Corp. Fin.
Emily Meara, Head of Investor Relations
Ms. Lucy Mitchell, Director of Corp. Communications, PR & Marketing
Ms. Edith Monfries, Head of HR & COO of Hawthorn Leisure
Mr. Charles Spooner, Head of Capital Markets
Mr. Stuart Mitchell, Head of Third Party Asset Management
Ms. Emma MacKenzie, Head of Asset Management & Head of ESG
Ms. Fabienne Morgan, Head of Commercial Design

Who are some of NewRiver REIT's key competitors?

Some companies that are related to NewRiver REIT include Supermarket Income REIT (SUPR), Plaza Retail REIT (PLZ.UN), Slate Retail REIT (SRT.UN), Capital & Regional (CAL), Intu Properties (INTU), The Local Shopping REIT PLC (LSR.L) (LSR), (WFD.AX) (WFD), APN Convenience Retail REIT (AQR), Aventus Group (AVN), Charter Hall Retail Real Estate Investment Trust (CQR), Scentre Group (SCG), Scentre Group (STGPF), Shopping Centres Australasia Property Group (SCP), Unibail-Rodamco-Westfield (URW) and Vicinity Centres (VCX).
View all of NRR's competitors.

What other stocks do shareholders of NewRiver REIT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NewRiver REIT investors own include Kier Group (KIE), Lloyds Banking Group (LLOY), Amarin (AMRN), Barclays (BARC), BP (BP), Centrica (CNA), Cronos Group (CRON), Derwent London (DLN), Energy Transfer (ET) and International Consolidated Airlines Group (IAG).

What is NewRiver REIT's stock symbol?

NewRiver REIT trades on the London Stock Exchange (LON) under the ticker symbol "NRR."

How do I buy shares of NewRiver REIT?

Shares of NRR 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.
Compare Top Brokerages Here.

What is NewRiver REIT's stock price today?

One share of NRR stock can currently be purchased for approximately GBX 101.20.

How much money does NewRiver REIT make?

NewRiver REIT has a market capitalization of £309.98 million and generates £133.30 million in revenue each year.

How many employees does NewRiver REIT have?

NewRiver REIT employs 184 workers across the globe.

What is NewRiver REIT's official website?

The official website for NewRiver REIT is www.nrr.co.uk.

Where are NewRiver REIT's headquarters?

NewRiver REIT is headquartered at 37 Maddox Street, LONDON, W1S 2PP, United Kingdom.

How can I contact NewRiver REIT?

NewRiver REIT's mailing address is 37 Maddox Street, LONDON, W1S 2PP, United Kingdom. The real estate investment trust can be reached via phone at +44-20-33285800.

This page was last updated on 4/11/2021 by MarketBeat.com Staff

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