Real Estate Investors (LON:RLE) Stock Rating Reaffirmed by Liberum Capital

Liberum Capital reissued their buy rating on shares of Real Estate Investors (LON:RLE) in a research report sent to investors on Monday, ThisIsMoney.Co.Uk reports.

Shares of LON:RLE opened at GBX 53 ($0.69) on Monday. Real Estate Investors has a twelve month low of GBX 48 ($0.63) and a twelve month high of GBX 59 ($0.77). The firm has a market cap of $98.80 million and a PE ratio of 12.05. The company has a debt-to-equity ratio of 79.11, a quick ratio of 1.35 and a current ratio of 2.05. The business has a fifty day moving average of GBX 53.80 and a 200-day moving average of GBX 54.02.

The firm also recently announced a dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, September 26th will be paid a GBX 0.94 ($0.01) dividend. The ex-dividend date is Thursday, September 26th. This represents a dividend yield of 1.75%. Real Estate Investors’s dividend payout ratio (DPR) is presently 0.91%.

In other Real Estate Investors news, insider John Rawcliffe Airey Crabtree OBE bought 45,901 shares of the stock in a transaction dated Monday, September 16th. The stock was bought at an average cost of GBX 54 ($0.71) per share, for a total transaction of £24,786.54 ($32,388.00).

About Real Estate Investors

Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.5 million sq ft of predominantly commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors.

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