Henry Boot (LON:BOOT) Releases Quarterly Earnings Results

Henry Boot (LON:BOOT) announced its quarterly earnings results on Tuesday. The company reported GBX 17.40 ($0.22) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Henry Boot had a return on equity of 2.79% and a net margin of 3.96%.

Henry Boot Stock Performance

Henry Boot stock traded down GBX 5.02 ($0.06) during midday trading on Thursday, reaching GBX 206.98 ($2.66). 7,413 shares of the company traded hands, compared to its average volume of 80,745. Henry Boot has a 12 month low of GBX 175 ($2.25) and a 12 month high of GBX 245 ($3.15). The company has a debt-to-equity ratio of 29.17, a current ratio of 2.14 and a quick ratio of 0.84. The business has a 50 day moving average of GBX 205.21 and a two-hundred day moving average of GBX 219.22. The firm has a market capitalization of £278.12 million, a price-to-earnings ratio of 24.62, a price-to-earnings-growth ratio of -11.97 and a beta of 0.80.

Henry Boot Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 1st will be paid a GBX 4.62 ($0.06) dividend. The ex-dividend date is Thursday, May 1st. This is a positive change from Henry Boot’s previous dividend of $3.08. This represents a dividend yield of 2.23%. Henry Boot’s payout ratio is currently 83.25%.

Insiders Place Their Bets

In other Henry Boot news, insider Jonathan James Sykes sold 150,000 shares of the firm’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of GBX 200 ($2.57), for a total value of £300,000 ($386,249.52). 69.46% of the stock is currently owned by insiders.

Henry Boot Company Profile

Henry Boot is one of the UK’s leading land, property development, home building and construction businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link.

Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.