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

Shore Capital reissued their hold rating on shares of Warehouse REIT (LON:WHR) in a report released on Thursday, Marketbeat.com reports.

Warehouse REIT Price Performance

Warehouse REIT stock opened at GBX 86.10 ($1.08) on Thursday. Warehouse REIT has a 12 month low of GBX 74.50 ($0.94) and a 12 month high of GBX 92.90 ($1.17). The company has a current ratio of 5.48, a quick ratio of 0.71 and a debt-to-equity ratio of 55.20. The business’s 50 day simple moving average is GBX 86.67 and its 200 day simple moving average is GBX 85.08. The company has a market cap of £365.80 million, a price-to-earnings ratio of 1,076.25, a PEG ratio of 1.79 and a beta of 0.91.

Warehouse REIT Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 27th. Investors of record on Thursday, November 28th will be paid a GBX 1.60 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 1.91%. Warehouse REIT’s payout ratio is 7,500.00%.

Warehouse REIT Company Profile

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.