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NewRiver REIT ( (GB:NRR) ) just unveiled an update.
NewRiver REIT has announced an amendment to its previously released ‘Scrip Dividend share allotment’ statement. The admission of 593,867 Ordinary Shares to the Official List is now expected on 8 August 2025, a day later than initially planned. These shares are part of the Scrip Dividend Scheme related to the final dividend for the year ending 31 March 2025, and they will hold the same rights as existing shares, indicating a strategic move to enhance shareholder value.
The most recent analyst rating on (GB:NRR) stock is a Buy with a £90.00 price target. To see the full list of analyst forecasts on NewRiver REIT stock, see the GB:NRR Stock Forecast page.
Spark’s Take on GB:NRR Stock
According to Spark, TipRanks’ AI Analyst, GB:NRR is a Neutral.
NewRiver REIT’s overall score is influenced by its strong financial performance, particularly in cash flow and profitability, despite high leverage risks. Valuation is attractive due to a favorable P/E ratio and high dividend yield. Corporate events reinforce strategic growth and market confidence. Technical analysis suggests stability, with no immediate bullish or bearish trends.
To see Spark’s full report on GB:NRR stock, click here.
More about NewRiver REIT
NewRiver REIT is a real estate investment trust company that operates within the property sector. It focuses on retail and leisure properties, providing spaces for businesses and consumers in the UK market.
Average Trading Volume: 861,636
Technical Sentiment Signal: Buy
Current Market Cap: £342.3M
Find detailed analytics on NRR stock on TipRanks’ Stock Analysis page.