Severfield - SFR Share Forecast, Price & News

Severfield plc, a structural steelwork company, engages in the designing, manufacturing, fabrication, construction, and erection of steelwork activities in the United Kingdom, Republic of Ireland, Mainland Europe, and India. It manufactures metal decking products; plate girder sections, rectangular and/or circular apertures, optimal section profiles, and intumescent coating products. The company also provides steel-framed modular equipment rooms and housing; steelworks, including main structure, mezzanines, stairs, balustrade, and platforms; Staircase fabrication; composite and non-composite plain and cellular beams; offload and edge protection systems, as well as delivers constructional steel products. In addition, it offers design and build steelwork contracting services for distribution warehouses and low-rise structures. The company provides its services for various projects, such as industrial and distribution, nuclear, health and education, commercial offices, power and energy, stadia and leisure, retail, transport, and data centers and others. It serves contractors, developers, engineers, and architects. The company was formerly known as Severfield-Rowen plc and changed its name to Severfield plc in May 2014. Severfield plc was founded in 1978 and is headquartered in Thirsk, the United Kingdom.

Severfield Stock Up 2.0 %

Shares of LON:SFR opened at GBX 60.20 ($0.73) on Thursday. The firm has a market capitalization of £186.34 million and a PE ratio of 1,180.00. The company has a debt-to-equity ratio of 14.94, a quick ratio of 0.93 and a current ratio of 1.14. Severfield has a 52-week low of GBX 56 ($0.68) and a 52-week high of GBX 84 ($1.01). The firm has a fifty day moving average of GBX 60.11 and a 200 day moving average of GBX 64.67.

Severfield Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 14th. Stockholders of record on Thursday, September 8th will be given a dividend of GBX 1.90 ($0.02) per share. The ex-dividend date is Thursday, September 8th. This is a positive change from Severfield's previous dividend of $1.20. This represents a dividend yield of 3.17%. Severfield's dividend payout ratio is 60.00%.

Insider Activity at Severfield

In other Severfield news, insider Adam Semple sold 17,357 shares of the stock in a transaction that occurred on Tuesday, June 28th. The shares were sold at an average price of GBX 62 ($0.75), for a total transaction of £10,761.34 ($13,003.07). In other Severfield news, insider Adam Semple sold 17,357 shares of the company's stock in a transaction dated Tuesday, June 28th. The shares were sold at an average price of GBX 62 ($0.75), for a total transaction of £10,761.34 ($13,003.07). Also, insider Alun Hughes Griffiths acquired 10,000 shares of the firm's stock in a transaction dated Thursday, June 16th. The stock was bought at an average price of GBX 63 ($0.76) per share, for a total transaction of £6,300 ($7,612.37).