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PRS REIT Plc ( (GB:PRSR) ) just unveiled an announcement.
PRS REIT plc announced the completion of its portfolio with 5,478 rental homes, achieving an estimated rental value of £72.0 million per annum. The portfolio’s performance remains robust with a 99% rent collection rate and a 96% physical occupancy rate as of June 30, 2025. The company also reported a like-for-like rental growth of 9.6% over the past year. The board plans to declare an interim quarterly dividend in early August 2025, following a strategic decision not to purchase a 98-unit site, which slightly reduced the portfolio size and estimated rental value.
The most recent analyst rating on (GB:PRSR) stock is a Hold with a £1.02 price target. To see the full list of analyst forecasts on PRS REIT Plc stock, see the GB:PRSR Stock Forecast page.
Spark’s Take on GB:PRSR Stock
According to Spark, TipRanks’ AI Analyst, GB:PRSR is a Outperform.
PRS REIT Plc benefits from strong financial performance, with robust cash flows and a stable balance sheet. The technical analysis suggests neutral momentum, while its low valuation and attractive dividend yield provide significant upside potential. The strategic review and potential acquisition proposals further highlight potential for increased shareholder value, making the stock an attractive investment.
To see Spark’s full report on GB:PRSR stock, click here.
More about PRS REIT Plc
The PRS REIT plc is a closed-ended real estate investment trust focused on the private rented sector (PRS), primarily investing in high-quality, new build family homes. The company has invested over £1 billion in a portfolio of rental homes across the UK regions, supported by the UK Government’s Homes England. PRS REIT is listed on the London Stock Exchange and is part of the FTSE 250 Index, with a portfolio believed to be the largest build-to-rent single-family rental portfolio in the UK.
Average Trading Volume: 1,483,571
Technical Sentiment Signal: Buy
Current Market Cap: £587.7M
See more data about PRSR stock on TipRanks’ Stock Analysis page.