Key Points
- Insider buying: Rob Abraham purchased 30,387 Supermarket Income REIT shares at GBX 82 each, worth approximately £24,917. He also bought £49,999 worth of shares in July.
- Stock performance and results: SUPR opened at GBX 84.15, with a market capitalization of about £1.15 billion, after reporting quarterly EPS of GBX 5.70.
- Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with three Buy ratings and one Hold rating and an average target price of GBX 93.
Supermarket Income REIT (LON:SUPR - Get Free Report) insider Rob Abraham purchased 30,387 shares of the firm's stock in a transaction on Wednesday, September 16th. The shares were acquired at an average cost of GBX 82 per share, for a total transaction of £24,917.34.
Rob Abraham also recently made the following trade(s):
- On Wednesday, July 15th, Rob Abraham bought 60,240 shares of Supermarket Income REIT stock. The shares were acquired at an average price of GBX 83 per share, with a total value of £49,999.20.
Supermarket Income REIT Stock Up 2.1%
Shares of SUPR opened at GBX 84.15 on Thursday. The business's 50 day moving average is GBX 85.41 and its 200 day moving average is GBX 84.13. The company has a current ratio of 1.73, a quick ratio of 1.95 and a debt-to-equity ratio of 80.37. Supermarket Income REIT has a 12-month low of GBX 76.22 and a 12-month high of GBX 89.40. The company has a market capitalization of £1.15 billion, a PE ratio of 17.17, a price-to-earnings-growth ratio of 15.09 and a beta of 0.59.
Supermarket Income REIT (LON:SUPR - Get Free Report) last announced its quarterly earnings data on Wednesday, September 16th. The company reported GBX 5.70 earnings per share (EPS) for the quarter. Supermarket Income REIT had a net margin of 54.91% and a return on equity of 5.56%. Research analysts expect that Supermarket Income REIT will post 6.0284281 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on SUPR. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 89 target price on shares of Supermarket Income REIT in a research note on Thursday, July 2nd. Peel Hunt raised shares of Supermarket Income REIT to a "buy" rating and increased their price objective for the company from GBX 90 to GBX 100 in a report on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Supermarket Income REIT presently has an average rating of "Moderate Buy" and an average target price of GBX 93.
Read Our Latest Stock Analysis on SUPR
About Supermarket Income REIT
(
Get Free Report)
Supermarket Income REIT plc (LSE: SUPR, JSE: SRI), a FTSE 250 company, is the only LSE listed company dedicated to investing in grocery properties which are an essential part of national food infrastructure. The Company focuses on grocery stores which are predominantly omnichannel, fulfilling online and in-person sales and are let to leading supermarket operators in the UK and Europe.
The Company's properties earn long-dated, secure, inflation-linked, growing income. SUPR targets a progressive dividend and the potential for long term capital growth.
Further Reading
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