LON:RDI - RDI Reit Stock Price, News, & Analysis

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GBX 130.06 -3.18 (-2.39 %)
(As of 03/22/2019 04:00 PM ET)
Previous CloseGBX 130.06
Today's RangeGBX 130.06 - GBX 134
52-Week RangeGBX 128.60 - GBX 190.50
Volume216,083 shs
Average Volume2.12 million shs
Market Capitalization£494.35 million
P/E Ratio5.53
Dividend Yield10.23%
BetaN/A
RDI is a UK Real Estate Investment Trust (UK-REIT) committed to becoming the UK's leading income focused REIT. The Company's income-led business model and strategic priorities are designed to offer shareholders superior, sustainable and growing income returns, with a target growth in underlying earnings per share of 3%-5% across the medium term. Income sustainability is underpinned by a diversified portfolio and tenant base, with no overreliance on any one sector or tenant, together with an efficient capital structure. The secure and growing income stream is 27.0% indexed and has a WAULT of 7.0 years to first break (8.4 years to expiry). This is complemented by an average debt maturity of 6.7 years of which over 95% of interest costs are either fixed or capped. The Company is focused on all aspects impacting shareholder distributions and reports one of the lowest cost ratios in the industry whilst maintaining a low cost of debt. The Company owns properties independently valued at £1.6bn in the United Kingdom and Germany, Europe's two largest, liquid and transparent property markets. RDI invests in assets with strong property fundamentals spread across UK offices (including London serviced offices), UK logistics, UK shopping centres, UK retail parks, UK hotels and German retail. RDI is well placed to take advantage of the increasing occupier requirement for real estate owners to become high quality service providers, given its scalable operational platforms and nearly a third of the portfolio invested in hotels and London serviced offices. RDI holds a primary listing on the London Stock Exchange and a secondary listing on the JSE and is included within the EPRA, GPR, JSE All Property and JSE Tradeable Property indices.

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Industry, Sector and Symbol

Industry REIT - Diversified
Sub-IndustryN/A
SectorReal Estate
CUSIPN/A
CIKN/A
Phone+44-20-78110100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales£111.40 million
Cash FlowGBX 15.32 per share
Book ValueGBX 211.30 per share

Profitability

Miscellaneous

EmployeesN/A
Market Cap£494.35 million
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

RDI Reit (LON:RDI) Frequently Asked Questions

What is RDI Reit's stock symbol?

RDI Reit trades on the London Stock Exchange (LON) under the ticker symbol "RDI."

How often does RDI Reit pay dividends? What is the dividend yield for RDI Reit?

RDI Reit declared a dividend on Thursday, October 25th. Stockholders of record on Thursday, November 29th will be paid a dividend of GBX 1.35 per share on Tuesday, December 18th. This represents a dividend yield of 4.06%. The ex-dividend date is Thursday, November 29th. The official announcement can be accessed at this link. View RDI Reit's Dividend History.

When is RDI Reit's next earnings date?

RDI Reit is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for RDI Reit.

What price target have analysts set for RDI?

2 brokers have issued twelve-month price objectives for RDI Reit's stock. Their forecasts range from GBX 44 to GBX 205. On average, they expect RDI Reit's stock price to reach GBX 146.33 in the next year. This suggests a possible upside of 12.5% from the stock's current price. View Analyst Price Targets for RDI Reit.

What is the consensus analysts' recommendation for RDI Reit?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RDI Reit in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for RDI Reit.

Has RDI Reit been receiving favorable news coverage?

News headlines about RDI stock have trended somewhat positive this week, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. RDI Reit earned a news impact score of 0.5 on InfoTrie's scale. They also gave news articles about the company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the near future.

Who are some of RDI Reit's key competitors?

What other stocks do shareholders of RDI Reit own?

Who are RDI Reit's key executives?

RDI Reit's management team includes the folowing people:
  • Mr. Michael John Watters BSc, Eng (Civil), MBA, CEO & Director (Age 59)
  • Mr. Donald A. Grant CA, CFO & Director (Age 45)
  • Mr. Stephen James Oakenfull CFA, Deputy CEO & Director (Age 39)
  • Mr. Adrian Andrew Horsburgh MRICS, Property Director & Director (Age 56)
  • Ms. Janine Ackermann, Head of Investor Relations

How do I buy shares of RDI Reit?

Shares of RDI 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 RDI Reit's stock price today?

One share of RDI stock can currently be purchased for approximately GBX 130.06.

How big of a company is RDI Reit?

RDI Reit has a market capitalization of £494.35 million and generates £111.40 million in revenue each year.

What is RDI Reit's official website?

The official website for RDI Reit is http://www.rdireit.com/.

How can I contact RDI Reit?

RDI Reit's mailing address is 2nd Fl, 30 Charles II Street, LONDON, SW1Y 4AE, United Kingdom. The company can be reached via phone at +44-20-78110100.


MarketBeat Community Rating for RDI Reit (LON RDI)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  151 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  369
MarketBeat's community ratings are surveys of what our community members think about RDI Reit and other stocks. Vote "Outperform" if you believe RDI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RDI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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