Supermarket Income REIT (LON:SUPR) Insider Frances Davies Buys 30,000 Shares of Stock

Supermarket Income REIT (LON:SUPR) insider Frances Davies acquired 30,000 shares of the business’s stock in a transaction dated Friday, March 13th. The stock was acquired at an average price of GBX 84 per share, with a total value of £25,200.

Supermarket Income REIT Trading Up 0.8%

Shares of LON:SUPR opened at GBX 84.40 on Tuesday. Supermarket Income REIT has a 1 year low of GBX 71.48 and a 1 year high of GBX 89.20. The firm has a market capitalization of £1.05 billion, a price-to-earnings ratio of 17.22, a price-to-earnings-growth ratio of 15.09 and a beta of 0.54. The company has a debt-to-equity ratio of 80.37, a current ratio of 1.73 and a quick ratio of 1.95. The business’s 50 day moving average price is GBX 84.86 and its 200-day moving average price is GBX 81.42.

Supermarket Income REIT (LON:SUPR) last released its quarterly earnings results on Wednesday, March 11th. The company reported GBX 2.70 earnings per share (EPS) for the quarter. Supermarket Income REIT had a net margin of 54.91% and a return on equity of 5.56%. On average, equities research analysts forecast that Supermarket Income REIT will post 6.0284281 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on SUPR. Peel Hunt reissued an “add” rating and set a GBX 85 target price on shares of Supermarket Income REIT in a research note on Thursday, November 20th. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 95 price objective on shares of Supermarket Income REIT in a report on Wednesday, March 11th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 85.67.

About Supermarket Income REIT

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI), a FTSE 250 company, is the only LSE listed company dedicated to investing in grocery properties which are an essential part of national food infrastructure. The Company focuses on grocery stores which are predominantly omnichannel, fulfilling online and in-person sales and are let to leading supermarket operators in the UK and Europe.

The Company’s properties earn long-dated, secure, inflation-linked, growing income. SUPR targets a progressive dividend and the potential for long term capital growth.