LON:THRLTarget Healthcare REIT Share Price, Forecast & News

GBX 105

+2.60 (+2.54 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

102.19

Now: GBX 105▼

105.60

50-Day Range

90.20

MA: GBX 101.78▼

110.60

52-Week Range

1.05

Now: GBX 105▼

124.50

Volume1.18 million shs

Average Volume220,784 shs

Market Capitalization£480.36 million

P/E Ratio13.46

Dividend Yield7.06%

BetaN/A

Target Healthcare REIT Limited is a closed-ended property investment company. The Company's investment objective is to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified portfolio of freehold and long leasehold care homes that are let to care home operators, and other healthcare assets in the United Kingdom. The Company pursues its objective by investing in a portfolio of care homes, in the United Kingdom, that are let to care home operators on repairing and insuring leases. Its portfolio consists of approximately 50 properties. The Company's investment manager is Target Advisers LLP (Target). Target is a provider of advisory and property management services to the healthcare investment sector.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
Target Healthcare REIT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 130, Target Healthcare REIT has a potential upside of 23.8% from its current price of GBX 105.
Amount of Analyst Coverage
Target Healthcare REIT has only been the subject of 1 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Target Healthcare REIT has received 92 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Target Healthcare REIT has received 95 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Target Healthcare REIT has received 50.80% “underperform” votes from our community.

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

1.7 Dividend Strength

Dividend Leadership
Target Healthcare REIT is a leading dividend payer. It pays a dividend yield of 7.06%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Target Healthcare REIT does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Target Healthcare REIT is 89.74 %. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Target Healthcare REIT insiders have not sold or bought any company stock.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Target Healthcare REIT are expected to decrease by -100.00% in the coming year, from GBX 642 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Target Healthcare REIT is 13.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Target Healthcare REIT is 13.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.09.
Price to Book Value per Share Ratio
Target Healthcare REIT has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.71 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry N/A

Sub-IndustryN/A

SectorFinance

Current SymbolLON:THRL

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.targethealthcarereit.co.uk

Phone+44-131-6252951

Debt

Debt-to-Equity Ratio27.13

Current Ratio4.46

Quick Ratio2.60

Price-To-Earnings

Trailing P/E Ratio13.46

Forward P/E Ratio0.16

P/E GrowthN/A

Sales & Book Value

Annual Sales£38.94 million

Price / Sales12.34

Cash FlowGBX 7.08 per share

Price / Cash Flow14.84

Book ValueGBX 108 per share

Price / Book0.97

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares457,488,000

Market Cap£480.36 million

Next Earnings DateN/A

OptionableNot Optionable

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Target Healthcare REIT (LON:THRL) Frequently Asked Questions

How has Target Healthcare REIT's stock been impacted by COVID-19 (Coronavirus)?

Target Healthcare REIT's stock was trading at GBX 111 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, THRL shares have decreased by 5.4% and is now trading at GBX 105. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Target Healthcare REIT?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target Healthcare REIT in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Target Healthcare REIT.

How often does Target Healthcare REIT pay dividends? What is the dividend yield for Target Healthcare REIT?

Target Healthcare REIT declared a dividend on Tuesday, April 21st. Stockholders of record on Thursday, May 7th will be given a dividend of GBX 1.67 per share on Friday, May 29th. This represents a dividend yield of 1.58%. The ex-dividend date of this dividend is Thursday, May 7th. The official announcement can be viewed at this link. View Target Healthcare REIT's dividend history.

What price target have analysts set for THRL?

1 Wall Street analysts have issued twelve-month price objectives for Target Healthcare REIT's shares. Their forecasts range from GBX 130 to GBX 130. On average, they expect Target Healthcare REIT's stock price to reach GBX 130 in the next twelve months. This suggests a possible upside of 23.8% from the stock's current price. View analysts' price targets for Target Healthcare REIT.

Has Target Healthcare REIT been receiving favorable news coverage?

News headlines about THRL stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Target Healthcare REIT earned a media sentiment score of 2.8 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutTarget Healthcare REIT.

Who are some of Target Healthcare REIT's key competitors?

Some companies that are related to Target Healthcare REIT include Hilltop (HTH), First National Financial (FN), Columbia Financial (CLBK), Noah (NOAH), Independent Bank Group (IBTX), Close Brothers Group (CBG), United Community Banks (UCBI), Golub Capital BDC (GBDC), Trustmark (TRMK), Westamerica Bancorporation (WABC), First Merchants (FRME), Pra Group (PRAA), First Midwest Bancorp (FMBI), CHIMERA INVT CO/SH NEW (CIM) and Adams Diversified Equity Fund (ADX). View all competitors.

What other stocks do shareholders of Target Healthcare REIT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Target Healthcare REIT investors own include Cambian Group (CMBN), Realty Income (O), Empiric Student Property (ESP), BHP Group (BHP), Black Box (BBOX), Bayer (BAYN), Basf (BASFY), Bank of America (BAC), Boeing (BA) and Adtalem Global Education (ATGE).

Who are Target Healthcare REIT's key executives?

Target Healthcare REIT's management team includes the following people:

Mr. Kenneth Macangus MacKenzie MA CA, Chief Exec. Officer
Mr. Gordon Bland BAcc CA, Fin. Director
Mr. John Flannelly BAcc FCA, Head of Investment - Target Advisers LLP
Mr. Andrew Brown, Head of Healthcare - Target Advisers LLP
Mr. Donald Campbell, Head of Tax

What is Target Healthcare REIT's stock symbol?

Target Healthcare REIT trades on the London Stock Exchange (LON) under the ticker symbol "THRL."

How do I buy shares of Target Healthcare REIT?

Shares of THRL 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 Target Healthcare REIT's stock price today?

One share of THRL stock can currently be purchased for approximately GBX 105.

How big of a company is Target Healthcare REIT?

Target Healthcare REIT has a market capitalization of £480.36 million and generates £38.94 million in revenue each year.

What is Target Healthcare REIT's official website?

The official website for Target Healthcare REIT is www.targethealthcarereit.co.uk.

How can I contact Target Healthcare REIT?

Target Healthcare REIT's mailing address is Ordnance House, 31 Pier Road, SAINT HELIER, JE4 8PW, Jersey. The company can be reached via phone at +44-131-6252951.

This page was last updated on 5/29/2020 by MarketBeat.com Staff