Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Residential Secure Income ( (GB:RESI) ) is now available.
Residential Secure Income plc has acquired 125,694 of its own ordinary shares in the secondary market at an average price of 60 pence to satisfy the equity portion of the fund management fee payable to Gresham House Asset Management under its existing management agreement, with these shares subject to a minimum 12‑month lock‑in from 1 January 2026. The move reflects the REIT’s ongoing fee structure that partly aligns management compensation with shareholder equity at a time when the company is executing an orderly realisation of its affordable housing portfolio, aiming to maximise shareholder returns while maintaining protections and stability for residents.
The most recent analyst rating on (GB:RESI) stock is a Hold with a £58.00 price target. To see the full list of analyst forecasts on Residential Secure Income stock, see the GB:RESI Stock Forecast page.
Spark’s Take on GB:RESI Stock
According to Spark, TipRanks’ AI Analyst, GB:RESI is a Neutral.
The overall stock score reflects significant financial challenges, particularly in revenue and profitability, which are the most impactful factors. Technical indicators and valuation offer some positive aspects, such as a high dividend yield, but are overshadowed by the company’s ongoing financial difficulties.
To see Spark’s full report on GB:RESI stock, click here.
More about Residential Secure Income
Residential Secure Income plc (ReSI) is a UK real estate investment trust focused on delivering secure, inflation-linked returns from two key residential subsectors: independent retirement rentals and shared ownership. Targeting the UK’s ageing demographic and strong demand for affordable home ownership, ReSI provides affordable, high-quality, and secure homes, partnering with housing developers, housing associations, local authorities and private developers to accelerate socially beneficial affordable housing. Its subsidiary ReSI Housing Limited is a for-profit Registered Provider of social housing, enabling it to acquire affordable housing under s106 planning restrictions and government grant-funded schemes, and in December 2024 shareholders approved a new objective to realise the portfolio’s assets in an orderly manner while balancing returns, disposal timing and resident protections.
Average Trading Volume: 236,300
Technical Sentiment Signal: Hold
Current Market Cap: £103.9M
Find detailed analytics on RESI stock on TipRanks’ Stock Analysis page.