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NewRiver REIT
(LSE:NRR)
NewRiver REIT (NRR) vs. iShares MSCI United Kingdom ETF (EWC)
NewRiver REIT Business Overview & Revenue Model
NewRiver REIT Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 74.60M | 65.80M | 90.50M | 73.70M | 75.00M | 75.50M |
| Gross Profit | 44.85M | 44.90M | 56.20M | 46.40M | 47.10M | 49.20M |
| EBITDA | 31.20M | 18.60M | 44.80M | 37.80M | 37.50M | 34.60M |
| Net Income | 19.60M | 3.00M | 23.70M | -16.80M | 7.00M | -122.10M |
Balance Sheet | ||||||
| Total Assets | 1.05B | 759.60M | 1.05B | 781.50M | 819.10M | 1.23B |
| Cash, Cash Equivalents and Short-Term Investments | 61.30M | 132.80M | 61.30M | 108.60M | 82.80M | 150.50M |
| Total Debt | 510.60M | 372.20M | 510.60M | 373.40M | 371.50M | 715.30M |
| Total Liabilities | 564.00M | 398.50M | 564.00M | 402.90M | 405.00M | 765.50M |
| Stockholders Equity | 490.10M | 361.10M | 490.10M | 378.60M | 414.10M | 460.40M |
Cash Flow | ||||||
| Free Cash Flow | 21.35M | 16.60M | 18.70M | 24.00M | 34.90M | -4.40M |
| Operating Cash Flow | 21.35M | 22.70M | 28.40M | 27.00M | 47.50M | 8.90M |
| Investing Cash Flow | -67.80M | 23.60M | -67.80M | 18.80M | 239.80M | 62.90M |
| Financing Cash Flow | -32.10M | -22.10M | -32.10M | -20.00M | -355.00M | -2.10M |
NewRiver REIT Technical Analysis
NewRiver REIT Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | £383.08M | 16.31 | 5.86% | 5.34% | -9.24% | -17.33% | |
| ― | £373.26M | 9.34 | 9.14% | 7.50% | 3.79% | ― | |
| ― | £995.74M | 16.17 | 5.54% | 7.58% | 7.57% | ― | |
| ― | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
| ― | £305.07M | 11.35 | 5.57% | 9.09% | 36.09% | 556.25% | |
| ― | $418.36M | 11.78 | 7.04% | 4.69% | -1.23% | ― | |
| ― | £1.65B | 21.86 | 3.09% | 4.49% | 16.30% | ― |
NewRiver REIT Corporate Events
NewRiver REIT has appointed Rajat Dhawan as an Independent Non-Executive Director, enhancing the board with his extensive experience in technology and digital transformation. This strategic appointment is expected to support NewRiver’s growth and value creation for shareholders, aligning with its focus on leveraging innovative technology to improve operations and customer engagement.
The most recent analyst rating on (GB:NRR) stock is a Hold with a £77.00 price target. To see the full list of analyst forecasts on NewRiver REIT stock, see the GB:NRR Stock Forecast page.
NewRiver REIT plc has announced its total voting rights, with an issued share capital consisting of 429,969,475 ordinary shares, of which 3,298,567 are held in the Employee Benefit Trust. This results in a total of 426,670,908 voting rights, a figure that shareholders can use to determine their notification obligations under the FCA’s Disclosure and Transparency Rules. This announcement provides clarity on shareholder voting power, potentially impacting investor decisions and market perceptions of the company’s governance structure.
The most recent analyst rating on (GB:NRR) stock is a Hold with a £78.00 price target. To see the full list of analyst forecasts on NewRiver REIT stock, see the GB:NRR Stock Forecast page.
Fitch Ratings has affirmed NewRiver REIT plc’s Long-Term Issuer Default Rating at ‘BBB’ with a Stable Outlook, and its senior unsecured rating at ‘BBB+’. This affirmation, which includes a £300 million unsecured bond due in 2028, underscores NewRiver’s stable financial position and creditworthiness, reflecting positively on its operations and market confidence. The ratings are significant for stakeholders as they indicate the company’s ability to maintain financial stability and manage its debt obligations effectively.
The most recent analyst rating on (GB:NRR) stock is a Hold with a £74.00 price target. To see the full list of analyst forecasts on NewRiver REIT stock, see the GB:NRR Stock Forecast page.
NewRiver REIT announced that its Chief Financial Officer, Will Hobman, exercised 140,439 nil cost options under the company’s Deferred Bonus Plan, resulting in an increase of his beneficial interest in the company. The transaction was executed to cover tax liabilities, and no new shares were issued, as the shares were transferred from the Employee Benefit Trust. This move aligns with the company’s regulatory compliance under the UK Market Abuse Regulation and reflects internal financial management practices.
The most recent analyst rating on (GB:NRR) stock is a Hold with a £74.00 price target. To see the full list of analyst forecasts on NewRiver REIT stock, see the GB:NRR Stock Forecast page.
NewRiver REIT plc has announced its total voting rights, stating that the company’s issued share capital consists of 429,969,475 ordinary shares, with 425,993,806 shares having voting rights. This information is crucial for shareholders to determine their notification obligations under the FCA’s Disclosure and Transparency Rules, impacting how they manage their investments in the company.
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.
NewRiver REIT plc announced a correction to its previous statement regarding total voting rights, adjusting the figure to 425,984,057 following a share buyback. This update is crucial for shareholders to accurately assess their interests under the FCA’s Disclosure Guidance and Transparency Rules, ensuring compliance and transparency in shareholder communications.
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.
NewRiver REIT has repurchased 47,708,400 of its ordinary shares from Growthpoint Properties Limited, representing about 10% of its issued share capital, for approximately £35.8 million. This buyback, deemed beneficial for shareholders, aims to enhance the company’s financial metrics and reflects the board’s belief that the current share price undervalues the company. Growthpoint has fully exited its shareholding in NewRiver, impacting the company’s shareholder structure.
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.
NewRiver REIT plc has announced that FCM Trust Limited, acting as Trustee of the NewRiver REIT plc Employee Benefit Trust, has purchased 3,000,000 ordinary shares in the company. This acquisition is intended to satisfy current and future exercises of awards under NewRiver’s employee share schemes. The transaction reflects NewRiver’s commitment to its employees and aligns with its strategic goals to enhance shareholder value through effective management of its retail assets.
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.
NewRiver REIT has announced a proposed buyback of up to 47.7 million shares from Growthpoint Properties Limited at 75 pence per share. This move is seen as a strategic allocation of capital, expected to increase the company’s net tangible assets and funds from operations per share, despite temporarily raising its loan-to-value ratio above the medium-term guidance.
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.
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.
NewRiver REIT plc has announced the allotment of 593,867 ordinary shares as part of its Scrip Dividend Scheme related to the final dividend for the year ending March 31, 2025. This move is expected to maintain shareholder value by offering shares that will rank equally with existing ordinary shares, potentially enhancing the company’s liquidity and market presence.
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.
NewRiver REIT announced that all resolutions proposed at its Annual General Meeting on July 31, 2025, were passed. The resolutions included ordinary and special resolutions such as the approval of financial statements, re-election of directors, appointment of auditors, and authorization for share allotment and market purchases. The successful passage of these resolutions reflects strong shareholder support and positions the company to continue its strategic initiatives in the retail real estate market.
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.
NewRiver REIT plc announced its total voting rights, stating that the company’s issued share capital consists of 477,084,008 ordinary shares, with 476,080,352 shares carrying voting rights. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure and Transparency Rules, impacting how they manage their interests in the company.
The most recent analyst rating on (GB:NRR) stock is a Buy with a £0.94 price target. To see the full list of analyst forecasts on NewRiver REIT stock, see the GB:NRR Stock Forecast page.
NewRiver REIT plc announced that all resolutions proposed at its Annual General Meeting on July 31, 2025, were passed with significant shareholder support. The resolutions included the approval of financial statements, director re-elections, auditor appointments, and a new share-based long-term incentive scheme, reflecting strong confidence in the company’s strategic direction and governance.
The most recent analyst rating on (GB:NRR) stock is a Buy with a £89.00 price target. To see the full list of analyst forecasts on NewRiver REIT stock, see the GB:NRR Stock Forecast page.
NewRiver REIT has reported a strong start to the financial year, with consumer spending growth across its portfolio surpassing the national average. This success is reflected in their leasing performance, which has been the strongest since the onset of the COVID-19 pandemic. The company has also successfully sold the Abbey Centre in Belfast for £58.8 million, aligning with its strategy to recycle capital into opportunities with higher income and growth potential. The balance sheet is well-positioned to support further earnings growth, with a reduced loan-to-value ratio and increased cash reserves, allowing for potential reinvestment into accretive opportunities.
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.