Target Healthcare REIT (LON:THRL) Issues Earnings Results

Target Healthcare REIT (LON:THRL) issued its earnings results on Tuesday. The company reported GBX 5.97 earnings per share for the quarter, Digital Look Earnings reports. Target Healthcare REIT had a return on equity of 10.78% and a net margin of 104.99%.

Target Healthcare REIT Price Performance

Shares of Target Healthcare REIT stock opened at GBX 93.60 on Tuesday. Target Healthcare REIT has a twelve month low of GBX 78.77 and a twelve month high of GBX 107. The stock has a market capitalization of £580.54 million, a P/E ratio of 804.12, a PEG ratio of 1.48 and a beta of 0.44. The company has a current ratio of 7.20, a quick ratio of 1.52 and a debt-to-equity ratio of 34.92. The business’s fifty day moving average price is GBX 96 and its 200 day moving average price is GBX 97.98.

About Target Healthcare REIT

Our investment objective is to provide shareholders with an attractive level of income together with the potential for capital and income growth, from a portfolio of UK care homes, diversified by tenant, geography, and resident payment profile. We only invest in modern, purpose-built homes.