Strawberry Fields REIT (STRW) Projected to Post Quarterly Earnings on Tuesday

Strawberry Fields REIT (NYSEAMERICAN:STRW) is expected to release its earnings data before the market opens on Tuesday, March 18th. Analysts expect Strawberry Fields REIT to post earnings of $0.29 per share for the quarter.

Strawberry Fields REIT Stock Performance

NYSEAMERICAN:STRW opened at $12.30 on Tuesday. The company has a market capitalization of $92.00 million, a PE ratio of 24.12, a P/E/G ratio of 1.10 and a beta of 0.51. The business’s 50-day moving average price is $11.14. Strawberry Fields REIT has a 1-year low of $6.56 and a 1-year high of $12.90.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Lake Street Capital assumed coverage on Strawberry Fields REIT in a research note on Wednesday, January 8th. They issued a “buy” rating and a $13.50 price objective on the stock. Janney Montgomery Scott began coverage on Strawberry Fields REIT in a research note on Wednesday, December 18th. They issued a “buy” rating and a $12.50 price objective on the stock. Compass Point began coverage on Strawberry Fields REIT in a research note on Thursday, January 16th. They issued a “buy” rating and a $14.00 price target on the stock. Finally, Wedbush began coverage on Strawberry Fields REIT in a research note on Monday, January 6th. They issued an “outperform” rating and a $12.00 price target on the stock.

Insider Buying and Selling at Strawberry Fields REIT

In other news, Director Michael Blisko purchased 9,800 shares of the company’s stock in a transaction dated Thursday, December 19th. The shares were purchased at an average price of $10.25 per share, with a total value of $100,450.00. Following the transaction, the director now directly owns 224,680 shares of the company’s stock, valued at approximately $2,302,970. This represents a 4.56 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders acquired 19,600 shares of company stock worth $201,782 in the last quarter. 10.60% of the stock is currently owned by company insiders.

Strawberry Fields REIT Company Profile

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.