Supermarket Income REIT (LON:SUPR) Reaches New 12-Month High – Time to Buy?

Supermarket Income REIT (LON:SUPR) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 83.20 ($1.13) and last traded at GBX 83.20 ($1.13), with a volume of 1452897 shares. The stock had previously closed at GBX 82.30 ($1.12).

Supermarket Income REIT Stock Performance

The company has a debt-to-equity ratio of 62.01, a current ratio of 0.50 and a quick ratio of 1.95. The firm has a market capitalization of £1.04 billion, a P/E ratio of -49.11, a P/E/G ratio of 15.09 and a beta of 0.31. The stock’s 50 day moving average is GBX 78.92 and its two-hundred day moving average is GBX 73.44.

Supermarket Income REIT (LON:SUPR) last posted its quarterly earnings results on Wednesday, March 12th. The company reported GBX 3 ($0.04) earnings per share for the quarter. Supermarket Income REIT had a negative net margin of 19.76% and a negative return on equity of 1.89%. As a group, equities analysts anticipate that Supermarket Income REIT will post 6.0284281 earnings per share for the current fiscal year.

Supermarket Income REIT Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, June 23rd. Investors of record on Sunday, June 15th will be paid a dividend of GBX 1.53 ($0.02) per share. This represents a dividend yield of 1.97%. The ex-dividend date is Sunday, June 15th. Supermarket Income REIT’s dividend payout ratio (DPR) is -352.93%.

About Supermarket Income REIT

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.