Strawberry Fields REIT (STRW) to Release Quarterly Earnings on Tuesday

Strawberry Fields REIT (NYSEAMERICAN:STRW) is expected to be posting its quarterly earnings results before the market opens on Tuesday, March 18th. Analysts expect Strawberry Fields REIT to post earnings of $0.29 per share for the quarter.

Strawberry Fields REIT Stock Performance

Strawberry Fields REIT stock opened at $12.56 on Monday. The company has a market cap of $93.95 million, a PE ratio of 24.63, a P/E/G ratio of 1.10 and a beta of 0.51. Strawberry Fields REIT has a twelve month low of $6.56 and a twelve month high of $12.90. The firm has a 50-day moving average of $11.35.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Compass Point assumed coverage on shares of Strawberry Fields REIT in a report on Thursday, January 16th. They issued a “buy” rating and a $14.00 price target on the stock. Lake Street Capital assumed coverage on shares of Strawberry Fields REIT in a research report on Wednesday, January 8th. They set a “buy” rating and a $13.50 target price on the stock. Wedbush assumed coverage on shares of Strawberry Fields REIT in a research report on Monday, January 6th. They set an “outperform” rating and a $12.00 target price on the stock. Finally, Janney Montgomery Scott assumed coverage on shares of Strawberry Fields REIT in a research report on Wednesday, December 18th. They set a “buy” rating and a $12.50 target price on the stock.

Insider Buying and Selling

In related news, Director Michael Blisko purchased 9,800 shares of the firm’s stock in a transaction on Thursday, December 19th. The stock was purchased at an average cost of $10.25 per share, with a total value of $100,450.00. Following the completion of the purchase, the director now owns 224,680 shares in the company, valued at approximately $2,302,970. This trade represents a 4.56 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 10.60% of the stock is currently owned by company insiders.

About Strawberry Fields REIT

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.