Schroder Real Estate ate ate Investment (SREI) AI Stock Analysis

• Market Cap: £243.09M
• Dividend Yield: 6.64%
• Average Volume (3M): 3.00M
• Price to Earnings (P/E): 6.0
• Beta (1Y): 1.06
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Diversified
• EPS (TTM): 0.02
• Shares Outstanding: 489,110,570
• 10 Day Avg. Volume: 2,313,426
• 30 Day Avg. Volume: 3,004,038
• PEG Ratio: <0.01
• Price to Book (P/B): 0.81
• Price to Sales (P/S): 6.66
• P/FCF Ratio: 13.14
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: 57.00 p ▲(5.75% Upside)
• Action: Reiterated Date: 12/30/25
• Date: Action: Reiterated 12/30/25

The score is driven primarily by improving 2025 financial performance (stronger profitability, healthier balance sheet, and positive operating cash flow), tempered by a history of volatile results. A high dividend yield and positive recent corporate updates support the outlook, while technical indicators remain mixed and do not add strong momentum confirmation.

Positive Factors

Improved 2025 fundamentals

The sharp 2025 revenue rebound, materially stronger net margin and consistently positive operating cash flow indicate the business regained operating momentum. Sustained profit and OCF improvement supports dividend capacity and reinvestment, enhancing resilience through the next 2–6 months.

Much lower reported leverage

Reporting zero total debt materially reduces refinancing and interest-rate exposure, increasing financial flexibility and downside protection. If sustained, this balance-sheet strength should improve capital allocation optionality and support distributions over the medium term.

Dividend and portfolio stability signals

A declared interim dividend alongside portfolio stabilization and NAV total return suggests management is delivering on operations and returning cash. That combination supports sustainable shareholder distributions and underpins investor confidence across the coming quarters.

Negative Factors

Historical earnings volatility

A track record of large swings — including a significant 2023 loss — signals earnings sensitivity to property valuations and one-offs. Such volatility undermines predictability of profits and dividends, increasing the risk that recent improvements may not persist over the next several quarters.

Inconsistent free cash flow

Meaningful FCF swings — a ~15% decline in 2025 and a prior large deficit in 2020 — highlight that cash generation can reverse quickly. Variable FCF constrains reinvestment and makes dividend coverage less reliable across property cycles and macro changes.

Sharp balance-sheet reporting shift

A sudden move to zero reported debt may reflect accounting or classification changes rather than pure deleveraging. This uncertainty complicates assessment of true leverage and contingent obligations, raising caution about assuming permanently lower financial risk.

Schroder Real Estate ate ate Investment Business Overview & Revenue Model

Company Description

Schroder Real Estate Investment Trust Limited (the 'Company' and together with its subsidiaries the 'Group') is a real estate investment company with a premium listing on the Official List of the UK Listing Authority and whose shares are traded on the Main Market of the London Stock Exchange (ticker: SREI). The Company is a Real Estate Investment Trust ('REIT') and benefits from the various tax advantages offered by the UK REIT regime. The Company continues to be declared as an authorised closed-ended investment scheme by the Guernsey Financial Services Commission under section 8 of the Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended and the Authorised Closed-ended Investment Schemes Rules 2008.

How the Company Makes Money

Schroder Real Estate Investment (SREI) generates revenue primarily through management fees charged on the assets under management (AUM). These fees are typically calculated as a percentage of the AUM and may vary depending on the type and complexity of the investment products offered. Additionally, SREI can earn performance-based fees if the funds or portfolios meet or exceed certain predefined benchmarks. The company may also receive transaction fees associated with the buying and selling of real estate assets. Strategic partnerships with real estate developers, financial institutions, and other stakeholders can enhance the company's investment opportunities and contribute to revenue growth.

Schroder Real Estate ate ate Investment Financial Statement Overview

Summary

Fundamentals improved in 2025 with a sharp revenue rebound and materially stronger profitability, plus consistently positive operating cash flow. The main constraint is historically volatile results (including a large loss in 2023 and prior cash flow disruption), which reduces confidence in stability.

Income Statement

Revenue is volatile but rebounded sharply in 2025 (+26.9% YoY) after a weak 2024, and profitability improved materially with a strong 2025 net margin (~84.8%) versus 2024 (~36.6%). That said, results have been uneven over time, including a large loss in 2023 and negative revenue in 2020, which highlights sensitivity to property valuations/one-offs and limits confidence in earnings stability.

Balance Sheet

Leverage improved significantly in 2025 with total debt reported at zero and a low debt-to-equity profile (0.0), supporting a stronger financial cushion. Prior years show moderate leverage (debt-to-equity ~0.44–0.62 during 2021–2024), so the trajectory is positive, but the step-change from meaningful debt to none suggests potential classification or reporting shifts and warrants caution when extrapolating.

Cash Flow

Cash generation looks steady: operating cash flow was positive across all years shown and remained solid in 2025 (£18.6m). Free cash flow was also positive in most years and matched net income in recent periods, but 2025 free cash flow declined (~-15.1% YoY) and 2020 saw a very large free cash flow deficit, underscoring that cash flows can swing meaningfully in certain years.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	36.63M	36.62M	8.24M	25.23M	24.42M	21.66M
Gross Profit	33.51M	36.62M	8.24M	-54.65M	19.42M	15.60M
EBITDA	13.66M	0.00	19.21M	-76.67M	-18.14M	13.32M
Net Income	29.64M	31.06M	3.02M	-54.72M	89.37M	4.54M
Balance Sheet
Total Assets	501.97M	496.87M	478.03M	490.26M	544.96M	460.10M
Cash, Cash Equivalents and Short-Term Investments	6.80M	3.72M	6.00M	8.42M	11.60M	12.18M
Total Debt	0.00	0.00	177.43M	178.60M	163.78M	155.36M
Total Liabilities	199.08M	195.49M	190.68M	189.57M	172.77M	163.25M
Stockholders Equity	302.90M	301.38M	287.35M	300.69M	372.18M	296.84M
Cash Flow
Free Cash Flow	18.44M	18.58M	23.88M	17.68M	19.06M	8.66M
Operating Cash Flow	18.44M	18.58M	23.88M	17.68M	19.06M	8.66M
Investing Cash Flow	-1.33M	-1.93M	-2.00M	-14.25M	-9.96M	-36.53M
Financing Cash Flow	-16.29M	-18.94M	-24.29M	-6.62M	-9.68M	7.00M

Schroder Real Estate ate ate Investment Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 53.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SREI, the sentiment is Negative. The current price of 53.9 is above the 20-day moving average (MA) of 52.49, below the 50-day MA of 54.06, and above the 200-day MA of 51.34, indicating a bearish trend. The MACD of -1.14 indicates Positive momentum. The RSI at 32.28 is Neutral, neither overbought nor oversold. The STOCH value of 21.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:SREI.

Schroder Real Estate ate ate Investment Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AIRE	73 Outperform	£59.97M	4.85	10.22%	8.23%	8.48%	207.85%
CREI	72 Outperform	£400.91M	3.34	11.57%	7.17%	1.60%	211.81%
AEWU	71 Outperform	£163.43M	9.16	7.37%	7.43%	-10.95%	-30.09%
SREI	66 Neutral	£243.09M	5.97	9.81%	6.64%	―	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
PCTN	60 Neutral	£405.50M	6.81	7.51%	5.15%	-3.98%	412.08%
RLE	54 Neutral	£54.03M	42.46	1.28%	5.02%	-9.28%	―

Schroder Real Estate ate ate Investment Corporate Events

Schroder REIT lifts income, cuts voids as sustainability push boosts portfolio

Schroder Real Estate Investment Trust reported a 1.1% net asset value total return for the quarter to 31 December 2025, supported by a 6.4% annualised dividend yield and EPRA earnings of £4.1 million. The £477.8 million portfolio, concentrated 65% in industrial and retail warehouse assets, generated £30.4 million of annual rent with significant 30% reversion to estimated rental value.

Active asset management and sustainability-led refurbishments reduced the portfolio void rate from 12.2% to 9.7%, as 11 deals worth £1.3 million in annual rent completed and two non-core assets were sold 7% above book value. The REIT maintains an attractive debt profile with a 3.4% average interest cost, 7.7-year weighted maturity and 36.6% net loan-to-value, slightly above its target range but expected to fall as further disposals progress.

The portfolio continues to outperform the MSCI Benchmark over one, three and five years, underpinned by its overweight position in higher growth industrial and regional markets. Management expects the combination of sector positioning, improved occupancy and sustainability enhancements to support future earnings and the sustainability of its dividend.

The most recent analyst rating on (GB:SREI) stock is a Buy with a £66.00 price target. To see the full list of analyst forecasts on Schroder Real Estate ate ate Investment stock, see the GB:SREI Stock Forecast page.

Schroder Real Estate Investment Trust Declares Interim Dividend for Q4 2025

Schroder Real Estate Investment Trust Limited has declared an interim dividend of 0.897 pence per share for the quarter from 1 October 2025 to 31 December 2025. The payment, designated entirely as a property income distribution, will be made on 27 March 2026 to shareholders on the register as of 13 March, underscoring the REIT’s ongoing income delivery to investors.

The announcement reflects the trust’s continued ability to distribute cash generated from its sustainability-focused property portfolio. By maintaining regular dividends at this level, the company signals stability in its rental income streams and reinforces its positioning as a reliable income vehicle within the commercial real estate investment market.

The most recent analyst rating on (GB:SREI) stock is a Buy with a £66.00 price target. To see the full list of analyst forecasts on Schroder Real Estate ate ate Investment stock, see the GB:SREI Stock Forecast page.