Warehouse REIT’s (WHR) “Hold” Rating Reiterated at Shore Capital

Shore Capital reiterated their hold rating on shares of Warehouse REIT (LON:WHR) in a report issued on Monday morning, MarketBeat Ratings reports.

Separately, Jefferies Financial Group reiterated a buy rating and issued a GBX 108 ($1.37) price target on shares of Warehouse REIT in a report on Monday.

Warehouse REIT Stock Performance

Shares of WHR opened at GBX 81.90 ($1.04) on Monday. The company has a 50-day simple moving average of GBX 81.63 and a 200-day simple moving average of GBX 82.64. The company has a quick ratio of 0.71, a current ratio of 0.94 and a debt-to-equity ratio of 55.11. The company has a market capitalization of £347.96 million, a PE ratio of -303.33, a P/E/G ratio of 1.79 and a beta of 0.88. Warehouse REIT has a 52-week low of GBX 68 ($0.86) and a 52-week high of GBX 93 ($1.18).

Warehouse REIT Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, July 4th will be paid a GBX 1.60 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, July 4th. This represents a yield of 1.99%. Warehouse REIT’s payout ratio is -2,222.22%.

About Warehouse REIT

Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.