Harworth Group (LON:HWG) Posts Earnings Results

Harworth Group (LON:HWG) released its quarterly earnings data on Tuesday. The company reported GBX 17.70 ($0.23) EPS for the quarter, Digital Look Earnings reports. Harworth Group had a net margin of 52.25% and a return on equity of 7.75%.

Harworth Group Price Performance

Shares of LON:HWG traded up GBX 0.50 ($0.01) during midday trading on Thursday, reaching GBX 171 ($2.22). 10,126 shares of the company’s stock were exchanged, compared to its average volume of 187,768. The company’s 50 day simple moving average is GBX 165.02 and its two-hundred day simple moving average is GBX 171.53. The firm has a market capitalization of £562.97 million, a PE ratio of 11.27 and a beta of 0.74. Harworth Group has a 12 month low of GBX 125 ($1.63) and a 12 month high of GBX 195 ($2.54). The company has a debt-to-equity ratio of 13.88, a quick ratio of 1.13 and a current ratio of 2.59.

Harworth Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 24th will be issued a dividend of GBX 1.13 ($0.01) per share. This represents a dividend yield of 0.65%. This is an increase from Harworth Group’s previous dividend of $0.49. The ex-dividend date of this dividend is Thursday, April 24th. Harworth Group’s dividend payout ratio (DPR) is presently 13.18%.

Insider Transactions at Harworth Group

In other news, insider Lynda Shillaw purchased 17,291 shares of the business’s stock in a transaction that occurred on Tuesday, March 18th. The stock was purchased at an average cost of GBX 174 ($2.26) per share, with a total value of £30,086.34 ($39,139.25). In the last three months, insiders acquired 17,473 shares of company stock valued at $3,038,573. Company insiders own 53.39% of the company’s stock.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments.