LON:NRR

NewRiver REIT (NRR) Share Forecast, Price & News

GBX 87.50

+0.40 (+0.46%)

(As of 06/8/2023 ET)

Compare

Today's Range: 87
▼
87.90
50-Day Range: 78.90
▼
87.50
52-Week Range: 66.70
▼
96

Volume: 356,773 shs
Average Volume: 540,488 shs
Market Capitalization: £271.64 million

P/E Ratio: 972.22
Dividend Yield: 8.00%
Price Target: GBX 103.75

Profile Analyst Ratings Chart Competitors Dividend Insider Trades Headlines

NewRiver REIT MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 18.6% Upside
GBX 103.75 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.12
Based on 11 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.64 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
NewRiver REIT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 103.75, NewRiver REIT has a forecasted upside of 18.6% from its current price of GBX 87.50.
Amount of Analyst Coverage
NewRiver REIT has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for NRR.

1.7

Dividend Strength

Dividend Leadership
NewRiver REIT is a leading dividend payer. It pays a dividend yield of 8.14%, 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.
Dividend Coverage
The dividend payout ratio of NewRiver REIT is 7,777.78%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NRR.

1.0

News and Social Media Coverage

News Sentiment
NewRiver REIT has a news sentiment score of -0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Real Estate companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for NewRiver REIT this week, compared to 0 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NewRiver REIT insiders have not sold or bought any company stock.
Percentage Held by Insiders
10.35% of the stock of NewRiver REIT is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
44.93% of the stock of NewRiver REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of NewRiver REIT is 972.22, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 139.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of NewRiver REIT is 972.22, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 159.19.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for NewRiver REIT, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
NewRiver REIT has a P/B Ratio of 0.66. 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

About NewRiver REIT (LON:NRR) Stock

NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing and developing essential retail and leisure assets throughout the UK. Our £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).

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NRR Stock News Headlines

June 8, 2023 | americanbankingnews.com

Shore Capital Reiterates "House Stock" Rating for NewRiver REIT (LON:NRR)

June 8, 2023 | americanbankingnews.com

NewRiver REIT (LON:NRR) Stock Rating Reaffirmed by Jefferies Financial Group

June 8, 2023 | Legacy Research (Affiliate) (Ad)

Sell Every Stock, Except ONE (Ticker Revealed)

We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.

June 7, 2023 | msn.com

Peel Hunt Limited Reiterates NewRiver REIT (LSE:NRR) Prior Recommendation

June 7, 2023 | msn.com

Jefferies Reiterates NewRiver REIT (LSE:NRR) Prior Recommendation

June 6, 2023 | americanbankingnews.com

NewRiver REIT plc Announces Dividend of GBX 3.20 (LON:NRR)

June 6, 2023 | americanbankingnews.com

NewRiver REIT's (NRR) Add Rating Reaffirmed at Peel Hunt

April 30, 2023 | americanbankingnews.com

NewRiver REIT (LON:NRR) Shares Cross Below 200-Day Moving Average of $81.40

June 8, 2023 | Legacy Research (Affiliate) (Ad)

Sell Every Stock, Except ONE (Ticker Revealed)

April 14, 2023 | americanbankingnews.com

Shore Capital Reaffirms House Stock Rating for NewRiver REIT (LON:NRR)

March 27, 2023 | americanbankingnews.com

NewRiver REIT's (NRR) "Buy" Rating Reiterated at Jefferies Financial Group

February 22, 2023 | seekingalpha.com

Top 3 REITs For 2023

February 18, 2023 | benzinga.com

Strawberry Fields REIT to Begin Trading on the New York Stock Exchange American

January 28, 2023 | marketwatch.com

As nursing-home landlords, real estate investment trusts can influence key elements of care, new research reveals

January 26, 2023 | reuters.com

Exclusive: Blackstone in talks with Bain to sell $480 million stake in top Indian REIT

January 24, 2023 | seekingalpha.com

2 REITs To Help You Sleep Well At Night

September 10, 2022 | reuters.com

Fair Value REIT-AG

August 8, 2022 | fool.co.uk

This REIT could be the perfect stock to supercharge my passive income stream!

June 8, 2022 | lse.co.uk

NewRiver REIT underperforms benchmark, net asset value shrinks

June 3, 2022 | morningstar.com

NewRiver REIT PLC - Stock Chart

May 17, 2022 | uk.finance.yahoo.com

Shares in Newriver Reit - here is the consensus view

March 24, 2022 | finance.yahoo.com

Great news for NewRiver REIT plc (LON:NRR): Insiders acquired stock in large numbers last year

February 12, 2022 | lse.co.uk

Director dealings: NewRiver CFO's wife invests, Ramsdens CEO sells incentive shares

January 6, 2022 | markets.businessinsider.com

NewRiver REIT plc : Total Voting Rights

December 24, 2021 | markets.businessinsider.com

NewRiver REIT plc : Disposal of Poole Retail Park

November 25, 2021 | fool.co.uk

Can the NewRiver share price make a comeback?

October 13, 2021 | finance.yahoo.com

What Type Of Shareholders Own The Most Number of NewRiver REIT plc (LON:NRR) Shares?

See More Headlines

NRR Price History

30 days | 90 days | 365 days | Advanced Chart

NRR Company Calendar

Today: 6/08/2023
Ex-Dividend for 8/4 Dividend: 6/15/2023
Dividend Payable: 8/04/2023

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: REIT - Retail
Sub-Industry: N/A
Sector: Real Estate
Current Symbol: LON:NRR
CUSIP: N/A
CIK: N/A
Web: www.nrr.co.uk
Phone: +44-20-33285800
Fax: N/A
Employees: 56
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 103.75
High Stock Price Forecast: GBX 120
Low Stock Price Forecast: GBX 90
Forecasted Upside/Downside: +18.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.09
Trailing P/E Ratio: 972.22
Forward P/E Ratio: 10.34
P/E Growth: -3.14
Net Income: £27.70 million
Net Margins: 35.40%
Pretax Margin: N/A
Return on Equity: 6.83%
Return on Assets: 3.06%

Debt

Debt-to-Equity Ratio: 91.09
Current Ratio: 3.17
Quick Ratio: 3.00

Sales & Book Value

Annual Sales: £77.40 million
Price / Sales: 3.51
Cash Flow: GBX 33.33 per share
Price / Cash Flow: 2.63
Book Value: GBX 132 per share
Price / Book: 0.66

Miscellaneous

Outstanding Shares: 310,440,000
Free Float: N/A
Market Cap: £271.64 million
Optionable: Not Optionable
Beta: 1.10

Key Executives

Mr. Allan Lockhart (Age 57)
Founder, CEO & Director
Comp: $984.46k

Mr. William Hobman
CFO & Director

Ms. Edith Monfries
Chief Operating & People Officer

Mr. Lawrence Fisher
Head of Corp. Fin.

Ms. Lucy Mitchell
Director of Corp. Communications, PR & Marketing

Mr. Charles Spooner
Head of Capital Markets

Ms. Emma MacKenzie
Head of Asset Management & Head of ESG

Ms. Fabienne Morgan
Head of Commercial Design

Ms. Jackie Tracey
Head of Commercial Partnerships

Mr. Adam Connor
Head of FP&A

Key Competitors

View All Competitors

Insiders

Will Hobman
Bought 26,875 shares on 11/29/2022
Total: £1.99 M ($74.00/share)

View All Insider Transactions

NRR Stock - Frequently Asked Questions

Should I buy or sell NewRiver REIT stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NewRiver REIT in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NRR shares.
View NRR analyst ratings or view top-rated stocks.
What is NewRiver REIT's stock price forecast for 2023?: 4 equities research analysts have issued 12 month target prices for NewRiver REIT's stock. Their NRR share price forecasts range from GBX 90 to GBX 120. On average, they anticipate the company's share price to reach GBX 103.75 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price.
View analysts price targets for NRR or view top-rated stocks among Wall Street analysts.
How have NRR shares performed in 2023?: NewRiver REIT's stock was trading at GBX 78 on January 1st, 2023. Since then, NRR stock has increased by 12.2% and is now trading at GBX 87.50.
View the best growth stocks for 2023 here.
How often does NewRiver REIT pay dividends? What is the dividend yield for NewRiver REIT?: NewRiver REIT declared a dividend on Tuesday, June 6th. Shareholders of record on Thursday, June 15th will be given a dividend of GBX 3.20 per share on Friday, August 4th. This represents a dividend yield of 3.76%. The ex-dividend date is Thursday, June 15th. The official announcement can be accessed at this link.
Read our dividend analysis for NRR.
Is NewRiver REIT a good dividend stock?: NewRiver REIT (LON:NRR) pays an annual dividend of GBX 7 per share and currently has a dividend yield of 8.14%. NRR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 7,777.78%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NRR.

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 stock 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 87.50.
How much money does NewRiver REIT make?: NewRiver REIT (LON:NRR) has a market capitalization of £271.64 million and generates £77.40 million in revenue each year. The real estate investment trust earns £27.70 million in net income (profit) each year or GBX 0.09 on an earnings per share basis.
How can I contact NewRiver REIT?: NewRiver REIT's mailing address is 37 Maddox Street, LONDON, W1S 2PP, United Kingdom. The official website for the company is www.nrr.co.uk. The real estate investment trust can be reached via phone at +44-20-33285800.

This page (LON:NRR) was last updated on 6/8/2023 by MarketBeat.com Staff

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NewRiver REIT (NRR) Share Forecast, Price & News

NewRiver REIT MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About NewRiver REIT (LON:NRR) Stock

NRR Stock News Headlines

NRR Price History

NRR Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

NRR Stock - Frequently Asked Questions

Overall MarketRank^™