Telford Homes (TEF) Posts Quarterly Earnings Results

Telford Homes (LON:TEF) issued its earnings results on Wednesday. The company reported GBX 11 ($0.14) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Shares of TEF remained flat at $GBX 307 ($4.01) during midday trading on Friday. The stock had a trading volume of 196,099 shares, compared to its average volume of 152,485. Telford Homes has a 1 year low of GBX 340.75 ($4.45) and a 1 year high of GBX 448.23 ($5.86).

The company also recently disclosed a dividend, which will be paid on Friday, January 11th. Stockholders of record on Thursday, December 6th will be issued a GBX 8.50 ($0.11) dividend. This represents a dividend yield of 2.74%. The ex-dividend date is Thursday, December 6th.

Several analysts have issued reports on TEF shares. Peel Hunt restated a “buy” rating on shares of Telford Homes in a research note on Tuesday, October 30th. Shore Capital reiterated a “house stock” rating on shares of Telford Homes in a research report on Wednesday, October 10th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 500 ($6.53) price target on shares of Telford Homes in a research report on Wednesday, October 10th. Finally, Barclays lifted their price target on Telford Homes from GBX 415 ($5.42) to GBX 469 ($6.13) and gave the company an “equal weight” rating in a research report on Wednesday, September 12th.

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Telford Homes Company Profile

Telford Homes Plc engages in the housebuilding and property development businesses in the United Kingdom. The company was founded in 2000 and is headquartered in Waltham Cross, the United Kingdom.

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