LON:NRR

NewRiver REIT (NRR) Share Price, News & Analysis

GBX 75.60
-0.40 (-0.53%)
(As of 04:35 PM ET)
Today's Range
75.60
76
50-Day Range
72
80.90
52-Week Range
71
92.11
Volume
700,339 shs
Average Volume
438,626 shs
Market Capitalization
£234.56 million
P/E Ratio
N/A
Dividend Yield
9.26%
Price Target
GBX 105

NewRiver REIT MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
38.9% Upside
GBX 105 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.49 out of 5 stars

NRR stock logo

About NewRiver REIT Stock (LON:NRR)

NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing and developing resilient retail assets throughout the UK. Our £0.6 billion UK wide portfolio covers 6.4 million sq ft and comprises 25 community shopping centres and 12 conveniently located retail parks occupied by tenants predominately focused on essential goods and services. In addition we manage 18 retail parks and 5 shopping centres on behalf of Capital Partners, taking our total Assets Under Management to £1.3 billion. Our objective is to own and manage the most resilient retail portfolio in the UK, focused on retail parks, core shopping centres, and regeneration opportunities in order to deliver long-term attractive recurring income returns and capital growth for our shareholders. NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR).

NRR Stock Price History

NRR Stock News Headlines

Mining For Small-Cap REIT Gems
The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
Northview Residential REIT: Noisy Q3 But Thesis Intact
Office REITs
The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
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NewRiver REIT PLC - Stock Chart
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See More Headlines
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Industry, Sector and Symbol

Industry
REIT - Retail
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
46
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 105
High Stock Price Target
GBX 120
Low Stock Price Target
GBX 90
Potential Upside/Downside
+38.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
£-23,500,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£63.90 million
Cash Flow
GBX 28.80 per share
Book Value
GBX 118 per share

Miscellaneous

Free Float
N/A
Market Cap
£234.56 million
Optionable
Not Optionable
Beta
1.07
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Key Executives

  • Mr. Allan Lockhart (Age 59)
    Founder, CEO & Director
    Comp: $1.03M
  • Mr. William Thomas Hobman (Age 41)
    CFO & Director
    Comp: $674.92k
  • Ms. Edith Monfries
    Chief Operating & People Officer
  • Mr. Lawrence Fisher
    Head of Corporate Finance
  • Ms. Lucy Mitchell
    Director of Corporate Communications, PR & Marketing
  • Mr. Charles Spooner
    Head of Capital Markets
  • Ms. Emma MacKenzie
    Head of Asset Management & Head of ESG
  • Mr. Adam Connor
    Head of FP&A
  • Ms. Annabelle Cooper
    Group Financial Controller
  • Ms. Kerin Williams (Age 54)
    Company Secretary

NRR Stock Analysis - Frequently Asked Questions

Should I buy or sell NewRiver REIT stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NewRiver REIT in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NRR shares.
View NRR analyst ratings
or view top-rated stocks.

What is NewRiver REIT's stock price target for 2024?

2 equities research analysts have issued twelve-month price objectives for NewRiver REIT's stock. Their NRR share price targets range from GBX 90 to GBX 120. On average, they anticipate the company's stock price to reach GBX 105 in the next twelve months. This suggests a possible upside of 38.9% from the stock's current price.
View analysts price targets for NRR
or view top-rated stocks among Wall Street analysts.

How have NRR shares performed in 2024?

NewRiver REIT's stock was trading at GBX 82.30 at the start of the year. Since then, NRR shares have decreased by 8.1% and is now trading at GBX 75.60.
View the best growth stocks for 2024 here
.

How often does NewRiver REIT pay dividends? What is the dividend yield for NewRiver REIT?

NewRiver REIT declared a dividend on Thursday, November 23rd. Stockholders of record on Thursday, December 7th will be given a dividend of GBX 3.40 per share on Tuesday, January 16th. This represents a dividend yield of 3.89%. The ex-dividend date is Thursday, December 7th. This is a positive change from the stock's previous dividend of GBX 3.20. The official announcement can be viewed at this link.
Read our dividend analysis for NRR
.

Is NewRiver REIT a good dividend stock?

NewRiver REIT (LON:NRR) pays an annual dividend of GBX 7 per share and currently has a dividend yield of 8.52%. NRR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for NRR.

What other stocks do shareholders of NewRiver REIT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NewRiver REIT investors own include Kier Group (KIE), Lloyds Banking Group (LLOY), Amarin (AMRN), Barclays (BARC), BP (BP), Centrica (CNA), Cronos Group (CRON), Derwent London (DLN), Energy Transfer (ET) and International Consolidated Airlines Group (IAG).

How do I buy shares of NewRiver REIT?

Shares of NRR stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:NRR) was last updated on 4/23/2024 by MarketBeat.com Staff

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