NewRiver REIT (LON:NRR) Releases Earnings Results

NewRiver REIT (LON:NRR) issued its quarterly earnings results on Tuesday. The real estate investment trust reported GBX 6.30 ($0.09) EPS for the quarter, Digital Look Earnings reports. NewRiver REIT had a net margin of 4.16% and a return on equity of 0.78%.

NewRiver REIT Trading Down 0.5%

LON:NRR opened at GBX 78.62 ($1.07) on Thursday. The company has a debt-to-equity ratio of 90.77, a current ratio of 5.48 and a quick ratio of 3.00. The firm has a 50-day moving average of GBX 73.87 and a 200-day moving average of GBX 73.46. The company has a market cap of £375.08 million, a PE ratio of 81.88, a PEG ratio of -3.14 and a beta of 1.10. NewRiver REIT has a one year low of GBX 62.90 ($0.85) and a one year high of GBX 85 ($1.15).

Insider Transactions at NewRiver REIT

In related news, insider Alastair Miller bought 29,359 shares of the company’s stock in a transaction on Wednesday, March 12th. The shares were purchased at an average cost of GBX 68 ($0.92) per share, for a total transaction of £19,964.12 ($27,055.32). 7.73% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, Shore Capital restated a “house stock” rating on shares of NewRiver REIT in a report on Friday, May 30th.

NewRiver REIT Company Profile

NewRiver is a leading Real Estate Investment Trust specialising in buying, managing and developing retail and leisure assets across the UK. Every day, our shopping centres, retail parks and pubs provide essential goods and services to their local communities.