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PRS REIT is currently in a long term uptrend where the price is trading 23.7% above its 200 day moving average.
From a valuation standpoint, the stock is 73.5% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 15.5.
Finally, its free cash flow grew by 165.9% to $1M since the same quarter in the previous year.
Based on the above factors, PRS REIT gets an overall score of 3/5.
CurrencyCode | GBP |
---|---|
Sector | Real Estate |
Industry | REIT - Residential |
Exchange | LSE |
ISIN | GB00BF01NH51 |
Dividend Yield | 3.8% |
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Market Cap | 635M |
PE Ratio | 5.78 |
Target Price | 104.5 |
Beta | 0.52 |
The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector (PRS) and to provide shareholders with an attractive level of income together with the potential for capital and income growth. The Company is investing over £1bn in a portfolio of high-quality homes for private rental across the regions, having raised a total of £0.56bn (gross) through its Initial Public Offering, on 31 May 2017 and subsequent fundraisings in February 2018 and September 2021. The UK Government's Homes England has supported the Company with direct investments. On 2 March 2021, the Company transferred its entire issued share capital to the premium listing segment of the Official List of the FCA and to the London Stock Exchange's premium segment of the Main Market. With over 5,200 new rental homes, the Company believes its portfolio is the largest build-to-rent single-family rental portfolio in the UK.
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