Supermarket Income REIT (LON:SUPR) Reaches New 1-Year High – Still a Buy?

Supermarket Income REIT (LON:SUPRGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 78.40 ($1.03) and last traded at GBX 78.20 ($1.03), with a volume of 2554317 shares traded. The stock had previously closed at GBX 77.50 ($1.02).

Supermarket Income REIT Stock Up 1.0 %

The company has a debt-to-equity ratio of 62.01, a current ratio of 0.50 and a quick ratio of 1.95. The company has a market cap of £975.70 million, a price-to-earnings ratio of -46.06, a price-to-earnings-growth ratio of 15.09 and a beta of 0.31. The firm’s 50-day moving average price is GBX 73.38 and its 200-day moving average price is GBX 71.14.

Supermarket Income REIT (LON:SUPRGet Free Report) last announced its quarterly earnings results on Wednesday, March 12th. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter. Supermarket Income REIT had a negative return on equity of 1.89% and a negative net margin of 19.76%. Sell-side analysts forecast that Supermarket Income REIT will post 6.0284281 earnings per share for the current fiscal year.

Supermarket Income REIT Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, June 23rd. Investors of record on Sunday, June 15th will be given a dividend of GBX 1.53 ($0.02) per share. This represents a yield of 1.97%. The ex-dividend date of this dividend is Sunday, June 15th. Supermarket Income REIT’s dividend payout ratio (DPR) is presently -352.93%.

Insider Buying and Selling at Supermarket Income REIT

In other news, insider Roger Blundell acquired 100,000 shares of the business’s stock in a transaction on Thursday, January 16th. The shares were purchased at an average price of GBX 70 ($0.92) per share, for a total transaction of £70,000 ($92,299.58). 1.41% of the stock is owned by corporate insiders.

About Supermarket Income REIT

(Get Free Report)

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. The Company’s supermarkets are let to leading supermarket operators in the UK and Europe, diversified by both tenant and geography.

The Company’s assets earn long-dated, secure, inflation-linked, growing income.

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