Supermarket Income REIT (LON:SUPR) Reaches New 12-Month Low – What’s Next?

Posted by KOP Source Staff on Nov 6th, 2024

Supermarket Income REIT (LON:SUPR – Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 69.50 ($0.90) and last traded at GBX 69.65 ($0.91), with a volume of 12530113 shares traded. The stock had previously closed at GBX 69.70 ($0.91).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “hold” rating on shares of Supermarket Income REIT in a research report on Tuesday.

Check Out Our Latest Stock Report on SUPR

Supermarket Income REIT Stock Performance

The company has a current ratio of 0.46, a quick ratio of 1.95 and a debt-to-equity ratio of 62.01. The firm’s fifty day moving average price is GBX 73.80 and its two-hundred day moving average price is GBX 73.91. The stock has a market capitalization of £870.51 million, a PE ratio of -3,480.00, a price-to-earnings-growth ratio of 15.09 and a beta of 0.31.

Supermarket Income REIT Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 10th will be given a dividend of GBX 1.53 ($0.02) per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a yield of 2.03%. This is an increase from Supermarket Income REIT’s previous dividend of $1.52. Supermarket Income REIT’s dividend payout ratio is currently -30,000.00%.

About Supermarket Income REIT

(Get Free Report)

Supermarket Income REIT plc?(LSE: SUPR) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the UK's feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. All of the Company's supermarkets are let to leading UK supermarket operators, diversified by both tenant and geography.