Strawberry Fields REIT (NASDAQ:STRW) Given New $14.00 Price Target at Wedbush

Strawberry Fields REIT (NASDAQ:STRW) had its price target increased by stock analysts at Wedbush from $12.00 to $14.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Wedbush’s price objective indicates a potential upside of 16.28% from the stock’s current price. Wedbush also issued estimates for Strawberry Fields REIT’s Q1 2025 earnings at $0.28 EPS, Q2 2025 earnings at $0.30 EPS, Q3 2025 earnings at $0.31 EPS, Q4 2025 earnings at $0.31 EPS, FY2025 earnings at $1.20 EPS, Q1 2026 earnings at $0.32 EPS, Q2 2026 earnings at $0.33 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.34 EPS and FY2026 earnings at $1.32 EPS.

Separately, Compass Point set a $14.00 price target on Strawberry Fields REIT in a research note on Wednesday, January 15th.

Strawberry Fields REIT Stock Performance

Strawberry Fields REIT stock opened at $12.04 on Wednesday. Strawberry Fields REIT has a 1-year low of $6.56 and a 1-year high of $12.90. The firm has a market capitalization of $90.07 million, a price-to-earnings ratio of 23.61, a price-to-earnings-growth ratio of 1.16 and a beta of 0.47.

Institutional Trading of Strawberry Fields REIT

A number of hedge funds and other institutional investors have recently made changes to their positions in STRW. Wells Fargo & Company MN increased its position in shares of Strawberry Fields REIT by 39.6% during the fourth quarter. Wells Fargo & Company MN now owns 3,902 shares of the company’s stock worth $41,000 after purchasing an additional 1,107 shares in the last quarter. Bank of America Corp DE increased its position in shares of Strawberry Fields REIT by 52.9% during the fourth quarter. Bank of America Corp DE now owns 4,725 shares of the company’s stock worth $50,000 after purchasing an additional 1,634 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of Strawberry Fields REIT during the fourth quarter worth about $84,000. Pentwater Capital Management LP acquired a new stake in shares of Strawberry Fields REIT during the fourth quarter worth about $105,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Strawberry Fields REIT during the fourth quarter worth about $109,000.

About Strawberry Fields REIT

Strawberry Fields REIT, Inc engages in the ownership, acquisition, development, and leasing of skilled nursing and certain other healthcare-related properties. The company was founded by Moishe Gubin in 2014 and is headquartered in South Bend, IN.