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 research note issued to investors on Thursday, MarketBeat.com reports.

Warehouse REIT Stock Performance

WHR opened at GBX 86.10 ($1.08) on Thursday. The firm has a 50 day moving average of GBX 86.67 and a two-hundred day moving average of GBX 85.07. The firm has a market capitalization of £365.80 million, a PE ratio of 1,076.25, a P/E/G ratio of 1.79 and a beta of 0.91. The company has a current ratio of 5.48, a quick ratio of 0.71 and a debt-to-equity ratio of 55.20. Warehouse REIT has a 12-month low of GBX 74.50 ($0.93) and a 12-month high of GBX 92.90 ($1.16).

Warehouse REIT Announces Dividend

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

About Warehouse REIT

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.