Target Healthcare REIT (GB:THRL) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Target Healthcare REIT has reported a 1.6% increase in EPRA Net Tangible Assets per share, a total NAV return of 2.8% for the quarter, and a reduced net LTV to 22.5%. The disposal of four older care homes for £44.5 million has improved portfolio quality and longevity, while the company also focuses on investing in modern, purpose-built care homes. The firm declared a dividend of 1.428 pence per share, fully covered by adjusted EPRA earnings per share of 1.51 pence.
For further insights into GB:THRL stock, check out TipRanks’ Stock Analysis page.
