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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 | 54.90M | 65.80M | 90.50M | 73.70M | 75.00M | 74.90M |
| Gross Profit | 41.15M | 44.90M | 56.20M | 46.40M | 47.10M | 49.20M |
| EBITDA | 31.30M | 18.60M | 44.80M | 35.80M | 37.50M | 31.50M |
| Net Income | 9.70M | 3.00M | 23.70M | -16.80M | 7.00M | -122.10M |
Balance Sheet | ||||||
| Total Assets | 819.20M | 759.60M | 1.05B | 781.50M | 819.10M | 1.23B |
| Cash, Cash Equivalents and Short-Term Investments | 184.40M | 132.80M | 61.30M | 108.60M | 82.80M | 150.50M |
| Total Debt | 372.50M | 372.20M | 510.60M | 373.40M | 371.50M | 715.30M |
| Total Liabilities | 408.80M | 398.50M | 564.00M | 402.90M | 405.00M | 765.50M |
| Stockholders Equity | 410.40M | 361.10M | 490.10M | 378.60M | 414.10M | 460.40M |
Cash Flow | ||||||
| Free Cash Flow | 9.05M | 16.60M | 18.70M | 24.00M | 34.90M | -4.40M |
| Operating Cash Flow | 12.25M | 22.70M | 28.40M | 27.00M | 47.50M | 8.90M |
| Investing Cash Flow | 2.05M | 23.60M | -67.80M | 18.80M | 239.80M | 62.90M |
| Financing Cash Flow | 7.00M | -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 |
|---|---|---|---|---|---|---|---|
80 Outperform | £975.80M | 14.03 | 6.20% | 7.80% | -8.26% | 1700.00% | |
74 Outperform | £383.08M | 16.31 | 5.86% | 5.32% | -9.24% | -17.33% | |
73 Outperform | £310.97M | 11.59 | 5.57% | 8.94% | 36.09% | 556.25% | |
73 Outperform | £359.56M | 9.12 | 9.14% | 7.80% | 3.79% | ― | |
56 Neutral | £1.55B | 20.56 | 3.09% | 5.39% | 16.30% | ― | |
53 Neutral | $1.21B | 2.63 | -5.63% | 5.88% | -2.36% | -88.31% | |
| ― | $528.76M | 12.00 | 7.04% | ― | ― | ― |
NewRiver REIT Corporate Events
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.
NewRiver REIT has announced the granting of nil-cost options and deferred bonus shares to its Executive Directors under the company’s Performance Share Plan and Deferred Bonus Plan. These awards are contingent on the company’s performance and continued employment, reflecting NewRiver’s commitment to aligning executive incentives with shareholder interests and long-term company performance.
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 released its Annual Report and Accounts for 2025, which are now available to shareholders. The company will hold its Annual General Meeting on 31 July 2025 in London. This announcement underscores NewRiver’s commitment to transparency and shareholder engagement, reflecting its strategic focus on maintaining a resilient retail portfolio and delivering sustainable returns.
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 the scrip dividend reference price for shareholders opting for the scrip dividend alternative for the final dividend of the year ended 31 March 2025, set at 73.71 pence per ordinary share. This initiative allows shareholders to receive additional shares instead of cash dividends, with the election deadline set for 18 July 2025, and the new shares to be dispatched on 8 August 2025. The scrip dividend scheme, renewed at the 2023 Annual General Meeting, offers shareholders a cost-effective way to increase their holdings without incurring dealing charges or stamp duty.
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 that Lynn Fordham, the Non-Executive Chair of the company, has been appointed as the Chair of Pollen Street Group Limited effective June 20, 2025. This appointment highlights Fordham’s leadership capabilities and could strengthen NewRiver’s strategic positioning by fostering potential collaborations or insights between the two entities, benefiting stakeholders through enhanced governance and strategic direction.
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 declared a final dividend of 3.5 pence per share for the year ending March 31, 2025, to be paid as a Property Income Distribution. Shareholders have the option to receive additional shares instead of cash through the company’s renewed scrip dividend scheme, which involves no dealing charges or stamp duty.
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 has successfully sold the Abbey Centre in Newtownabbey, Northern Ireland, to The Herbert Group for £58.8 million, aligning with its book values from March 2024 and 2025. This transaction, which reflects a net initial yield of approximately 9%, is part of NewRiver’s strategy to recycle capital into opportunities with better income and growth potential, reducing its loan-to-value ratio by about 4%. The sale underscores NewRiver’s asset management capabilities and highlights the improving investor demand for UK shopping centres.
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 reported significant earnings growth for the year ending March 2025, driven by the acquisition of Capital & Regional, which increased its portfolio size by 65%. The integration of these assets is on track, with the transaction expected to deliver substantial earnings accretion. The company’s financial position remains strong, with improved portfolio valuation and increased occupancy rates, positioning NewRiver for continued growth and stakeholder value enhancement.
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 will announce its Full Year Results for the year ended 31 March 2025 on 3 June 2025. The announcement will include a live presentation for analysts and investors, indicating the company’s commitment to transparency and engagement with stakeholders. This event is significant as it follows the company’s strategic acquisition of Capital & Regional, which has expanded its portfolio 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.