Real Estate Credit Investments Ltd (RECI)

Sector:

Financials

Index:

FTSE Small Cap

114.50p
   
  • Change Today:
    -1.50p
  • 52 Week High: 134.50
  • 52 Week Low: 114.50
  • Currency: UK Pounds
  • Shares Issued: 225.24m
  • Volume: 697,096
  • Market Cap: £257.90m

RECI Overview

Real Estate Credit Investments Limited is a Guernsey-based closed-end investment company. The investment objective of the Company is to provide shareholders with attractive and stable returns, primarily in the form of quarterly dividends, by exposure to a diversified portfolio of real estate credit investments, predominantly comprising real estate loans and bonds. It invests in real estate debt secured by commercial or residential properties in the United Kingdom and Western European countries, focusing primarily on those countries where it sees the changing dynamics in the real estate debt market offering a sustainable deal flow for the foreseeable future. Its segments include the Bilateral Loan and Bond Portfolio and the Market Bond Portfolio.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 0.0% 0.0%
Div Cover n/a n/a
Op Mrgn n/a n/a
ROCE n/a  
Latest F'cast
P/E n/a n/a
PEG n/a n/a
Pr/Revenue n/a n/a
Pr/Book n/a  
Latest F'cast
Revenue n/a n/a
PBT n/a n/a
EPS n/a n/a
DPS n/a n/a

RECI Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-19 22.31 19.23 13.10p 12.8 12.8 +1% 12.00p 7.1%
31-Mar-20 26.43 (17.42) (8.70)p n/a n/a n/a 12.00p 10.3%
31-Mar-21 27.00 37.24 16.20p 8.5 n/a n/a 12.00p 8.7%
31-Mar-22 26.98 24.57 10.70p 14.1 n/a -34% 12.00p 7.9%
31-Mar-23 31.92 20.55 9.00p 14.8 n/a -16% 12.00p 9.0%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

RECI Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-24 44.46 44.46 11.75p 9.7 0.2 +52% 12.01p 0.0%
31-Mar-25 49.37 55.22 13.81p 8.3 0.5 +18% 12.01p 0.0%

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RECI Company Announcements

Successor Buyback Programme 28-Mar-2024 07:00 RNS
Transaction in Own Shares 26-Mar-2024 07:00 RNS
Holding(s) in Company 25-Mar-2024 15:11 RNS

Latest RECI Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 5: Forecast figures based on normalised accounts.

 

RECI Market Data

Currency UK Pounds
Share Price 114.50p
Change Today -1.50p
% Change -1.29 %
52 Week High 134.50
52 Week Low 114.50
Volume 697,096
Shares Issued 225.24m
Market Cap £257.90m

RECI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
34.74% below the market average34.74% below the market average34.74% below the market average34.74% below the market average34.74% below the market average
20.69% below the sector average20.69% below the sector average20.69% below the sector average20.69% below the sector average20.69% below the sector average
Income Not Available
Growth
84.68% below the market average84.68% below the market average84.68% below the market average84.68% below the market average84.68% below the market average
73.83% below the sector average73.83% below the sector average73.83% below the sector average73.83% below the sector average73.83% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

RECI Dividends

  Latest Previous
  Q3 Q2
Ex-Div 14-Mar-24 07-Dec-23
Paid 05-Apr-24 05-Jan-24
Amount 3.00p 3.00p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 804 @ 114.50p
16:35 44 @ 114.50p
16:35 127 @ 114.50p
16:35 33 @ 114.50p
16:35 370 @ 114.50p

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