Supermarket Income REIT (LON:SUPR) Releases Quarterly Earnings Results

Supermarket Income REIT (LON:SUPR) posted its quarterly earnings results on Wednesday. The company reported GBX 3 ($0.04) EPS for the quarter, Digital Look Earnings reports. Supermarket Income REIT had a negative return on equity of 1.89% and a negative net margin of 19.76%.

Supermarket Income REIT Stock Up 0.7 %

Shares of Supermarket Income REIT stock opened at GBX 74.10 ($0.96) on Wednesday. The stock’s 50-day moving average is GBX 69.06 and its 200 day moving average is GBX 71. Supermarket Income REIT has a one year low of GBX 65.20 ($0.84) and a one year high of GBX 78.90 ($1.02). The firm has a market cap of £923.33 million, a price-to-earnings ratio of -43.59, a PEG ratio of 15.09 and a beta of 0.31. The company has a debt-to-equity ratio of 62.01, a current ratio of 0.50 and a quick ratio of 1.95.

Supermarket Income REIT Announces Dividend

The company also recently declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, January 30th were issued a dividend of GBX 1.53 ($0.02) per share. The ex-dividend date was Thursday, January 30th. This represents a yield of 2.32%. Supermarket Income REIT’s payout ratio is -352.93%.

Insiders Place Their Bets

In other news, insider Sapna Shah bought 19,237 shares of the stock in a transaction dated Friday, December 20th. The shares were bought at an average cost of GBX 68 ($0.88) per share, with a total value of £13,081.16 ($16,935.73). Also, insider Roger Blundell purchased 100,000 shares of Supermarket Income REIT stock in a transaction that occurred on Thursday, January 16th. The stock was acquired at an average cost of GBX 70 ($0.91) per share, with a total value of £70,000 ($90,626.62). 1.41% of the stock is currently owned by corporate insiders.

Supermarket Income REIT Company Profile

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

The Company’s assets earn long-dated, secure, inflation-linked, growing income.