McKay Securities (LON:MCKS) Posts Quarterly Earnings Results, Beats Estimates By $0.69 EPS

McKay Securities (LON:MCKS) posted its quarterly earnings data on Monday. The real estate investment trust reported GBX 5.39 ($0.07) EPS for the quarter, topping the consensus estimate of GBX 4.70 ($0.06) by GBX 0.69 ($0.01), Digital Look Earnings reports.

LON:MCKS opened at GBX 243 ($3.18) on Tuesday. The company has a current ratio of 1.35, a quick ratio of 0.48 and a debt-to-equity ratio of 53.87. McKay Securities has a 12-month low of GBX 215 ($2.81) and a 12-month high of GBX 265 ($3.46). The stock has a 50-day moving average price of GBX 229.84 and a 200 day moving average price of GBX 231.13. The stock has a market capitalization of $229.06 million and a P/E ratio of 17.48.

The firm also recently announced a dividend, which will be paid on Thursday, January 2nd. Investors of record on Thursday, November 28th will be given a dividend of GBX 2.80 ($0.04) per share. This represents a dividend yield of 1.15%. The ex-dividend date of this dividend is Thursday, November 28th. McKay Securities’s dividend payout ratio is currently 0.72%.

Separately, Peel Hunt reaffirmed an “add” rating on shares of McKay Securities in a research note on Monday.

McKay Securities Company Profile

McKay Securities PLC is a commercial property investment company with Real Estate Investment Trust (REIT) status, listed on the main market of the London Stock Exchange. It specialises in the development and refurbishment of good quality office and industrial buildings within established and proven markets of central London and South East England.

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