LON:RESI

Residential Secure Income Share Forecast, Price & News

GBX 95.60

-1.60 (-1.65 %)

(As of 05/13/2021 12:00 AM ET)

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Today's Range

95.40

▼

97.05

50-Day Range

▼

105

52-Week Range

▼

98.40

Volume128,439 shs

Average Volume177,762 shs

Market Capitalization£163.38 million

P/E Ratio22.23

Dividend Yield5.14%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Residential Secure Income

Residential Secure Income plc ("ReSI" or "the Company") is managed by ReSI Capital Management Limited (the "Fund Manager"), a wholly-owned and separately regulated subsidiary of TradeRisks Limited ("TradeRisks") - a financing adviser and debt arranger with a 17-year track record in the social housing sector. ReSI was admitted to the premium listing segment of the Main Market of the London Stock Exchange on 12 July 2017, raising £180m in its IPO. On 5 July 2018, the Regulator of Social Housing approved the registration of ReSI Housing Limited (a wholly owned subsidiary of ReSI) as a for profit Registered Provider of social housing. ReSI is the first real estate investment trust able to invest in all residential asset classes that comprise the stock of registered UK social housing providers, Housing Associations and Local Authorities across the United Kingdom. ReSI's objective is to deliver long-term stable inflation-linked returns to its shareholders by acquiring high quality residential assets which comprise the stock of UK social housing providers. The target is to deliver an inflation linked 5% p.a. dividend and total return in excess of 8% p.a. ReSI is required to have indicative terms of long term investment grade equivalent debt financing in place prior to asset acquisition, ensuring asset quality and mitigating refinancing risk and interest rate exposure. ReSI does not manage or operate stock and uses experienced third party managers.

Jamf Announces First Quarter 2021 Financial Results
May 11, 2021 | ca.finance.yahoo.com

This Was the Average Property Tax Bill in 2020. How Does Yours Compare?
May 11, 2021 | msn.com

Passive Income (PSI) partners with OMI
May 10, 2021 | benzinga.com

Residential Secure Income plc (LON:RESI) Announces GBX 1.25 Dividend
May 10, 2021 | americanbankingnews.com

Kcr Residential Regulatory News
May 7, 2021 | lse.co.uk

A closer look at 2021 changes to Columbus, Ohio residential rental laws
May 7, 2021 | bizjournals.com

Skyrocketing Property Insurance Costs: How To Mitigate Your Risks
May 6, 2021 | forbes.com

Life Insurance Through Work Benefits: Does it Provide a False Sense of Security?
May 4, 2021 | markets.businessinsider.com

FNCB Bancorp, Inc. Announces First Quarter 2021 Net Income
April 30, 2021 | markets.businessinsider.com

Over 30 percent of property investors recording annual losses
April 30, 2021 | msn.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange LON

Industry Asset Management

Sub-IndustryN/A

SectorFinancial Services

Current SymbolLON:RESI

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.resi-reit.com

PhoneN/A

EmployeesN/A

Year FoundedN/A

Sales & Book Value

Annual Sales£28.36 million

Price / Sales5.76

Cash FlowGBX 4.19 per share

Price / Cash Flow22.82

Book ValueGBX 106.90 per share

Price / Book0.89

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Debt

Debt-to-Equity Ratio75.33

Current Ratio3.04

Quick Ratio1.22

Price-To-Earnings

Trailing P/E Ratio22.23

Forward P/E RatioN/A

P/E GrowthN/A

Miscellaneous

Outstanding Shares170,902,000

Market Cap£163.38 million

Next Earnings DateN/A

OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.56 out of 5 stars

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Residential Secure Income.

2.4 Community Rank

Outperform Votes
Residential Secure Income has received 75 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Residential Secure Income has received 81 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Residential Secure Income has received 51.92% “underperform” votes from our community.

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

2.5 Dividend Strength

Dividend Leadership
Residential Secure Income is a leading dividend payer. It pays a dividend yield of 5.14%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Residential Secure Income does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Residential Secure Income is 1.16%. This payout ratio is at a healthy, sustainable level, below 75%.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Residential Secure Income insiders have bought more of their company's stock than they have sold. Specifically, they have bought £45,194.28 in company stock and sold GBX 0 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Residential Secure Income is 22.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.78.
Price to Earnings Ratio vs. Sector
The P/E ratio of Residential Secure Income is 22.23, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 17.09.
Price to Book Value per Share Ratio
Residential Secure Income has a P/B Ratio of 0.89. 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

Residential Secure Income (LON:RESI) Frequently Asked Questions

What stocks does MarketBeat like better than Residential Secure Income?

Wall Street analysts have given Residential Secure Income a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Residential Secure Income wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How has Residential Secure Income's stock price been impacted by COVID-19 (Coronavirus)?

Residential Secure Income's stock was trading at GBX 89 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RESI shares have increased by 7.4% and is now trading at GBX 95.60.
View which stocks have been most impacted by COVID-19.

How often does Residential Secure Income pay dividends? What is the dividend yield for Residential Secure Income?

Residential Secure Income declared a dividend on Monday, May 10th. Shareholders of record on Thursday, May 20th will be given a dividend of GBX 1.25 per share on Friday, June 11th. This represents a yield of 1.28%. The ex-dividend date is Thursday, May 20th. The official announcement can be seen at this link.
View Residential Secure Income's dividend history.

Is Residential Secure Income a good dividend stock?

Residential Secure Income pays an annual dividend of GBX 0.05 per share and currently has a dividend yield of 5.14%. RESI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Residential Secure Income is 1.16%. This payout ratio is at a healthy, sustainable level, below 75%.
View Residential Secure Income's dividend history.

Who are Residential Secure Income's key executives?

Residential Secure Income's management team includes the following people:

Mr. Jonathan Slater, Chief Exec. of ReSI Capital Management Limited
Mr. Richard Stubbs, Chief Financial Officer of ReSI Capital Management Limited
Mr. Ben Fry, Managing Director of Investment - ReSi Capital Management Limited
Mr. Michael Woodman, Legal Counsel & Company Sec. of ReSi Capital Management Limited
Mr. Pete Redman, Managing Director of Property - ReSi Capital Management Limited

Who are some of Residential Secure Income's key competitors?

Some companies that are related to Residential Secure Income include Pollen Street Secured Lending Plc (PSSL.L) (PSSL), Deutsche Beteiligungs (DBAN), Standard Life UK Smaller Companies Trust (SLS), JPMorgan Global Growth & Income Investment Trust (JGGI), The Merchants Trust (MRCH), Vinci Partners Investments (VINP), Oxford Lane Capital (OXLC), The Scottish American Investment (SCAM), JLEN Environmental Assets Group (JLEN), Oakley Capital Investments (OCI), Ruffer Investment (RICA), All Active Asset Capital (AAA), TwentyFour Income (TFIF), Arrow Global Group (ARW) and Scottish Investment Trust (SCIN).
View all of RESI's competitors.

What other stocks do shareholders of Residential Secure Income own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Residential Secure Income investors own include Tullow Oil (TLW), Legal & General Group (LGEN) and Barclays (BCS).

What is Residential Secure Income's stock symbol?

Residential Secure Income trades on the London Stock Exchange (LON) under the ticker symbol "RESI."

How do I buy shares of Residential Secure Income?

Shares of RESI 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 Residential Secure Income's stock price today?

One share of RESI stock can currently be purchased for approximately GBX 95.60.

How much money does Residential Secure Income make?

Residential Secure Income has a market capitalization of £163.38 million and generates £28.36 million in revenue each year.

What is Residential Secure Income's official website?

The official website for Residential Secure Income is www.resi-reit.com.

Where are Residential Secure Income's headquarters?

Residential Secure Income is headquartered at 5 Old Bailey, LONDON, EC4M 7BA, United Kingdom.

This page was last updated on 5/13/2021 by MarketBeat.com Staff

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