Target Healthcare Reit Ltd (THRL)

Sector:

Investment Firms

Index:

FTSE 250

84.40p
   
  • Change Today:
    -4.20p
  • 52 Week High: 94.60p
  • 52 Week Low: 75.50p
  • Currency: UK Pounds
  • Shares Issued: 620.24m
  • Volume: 439,960
  • Market Cap: £523.48m

THRL Overview

Target Healthcare REIT plc is a United Kingdom-based real estate investment company. The Company’s investment objective is to provide shareholders with an attractive level of income, together with the potential for capital and income growth, from investing in a diversified portfolio of freehold and long leasehold care homes that are let to care home operators; and other healthcare assets in the United Kingdom. Its portfolio comprised 97 properties let to 32 tenants. The Company invests in modern, purpose-built care homes that are let to tenants who demonstrate operational capabilities and a care ethos. Its portfolio includes Chawley Grove, Roden Hall, The Oaks, Chesterfield, Woodland View and The Manor. The Company invests in a portfolio of care homes, predominantly in the United Kingdom, which are let to care home operators on full repairing and insuring leases.

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Financials

Latest F'cast
Div Yield 6.6% 0.0%
Div Cover 1.0 1.1
Op Mrgn 80.3% 94.5%
ROCE 5.1%  
Latest F'cast
P/E 15.1 13.8
PEG n/a 1.8
Pr/Revenue 9.4 7.6
Pr/Book 0.8  
Latest F'cast
Revenue 3.9% 20.4%
PBT 0.0% 83.9%
EPS n/a 7.1%
DPS -9.1% 0.2%

THRL Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
30-Jun-20 36.05 22.25 5.05p 21.8 7.3 +3% 6.68p 6.1%
30-Jun-21 41.24 25.30 5.46p 21.1 2.6 +8% 6.72p 5.8%
30-Jun-22 49.77 29.47 5.05p 21.5 n/a -8% 6.75p 6.2%
30-Jun-23 56.44 36.26 5.85p 12.3 0.8 +16% 6.47p 9.0%
30-Jun-24 58.62 36.27 5.85p 13.4 n/a n/a 5.88p 7.5%

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

THRL Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
30-Jun-25 70.55 66.70 6.27p 14.1 2.0 +7% 5.89p 0.0%
30-Jun-26 72.90 83.00 6.40p 13.8 6.3 +2% 6.02p 0.0%
30-Jun-27 77.00 n/a 6.65p 13.3 3.5 +4% 6.17p 0.0%

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THRL Company Announcements

Investor Presentation via Investor Meet Company 26-Mar-2025 07:00 RNS
Half-year Report 14-Mar-2025 07:00 RNS
Notice of Half Year Results 11-Mar-2025 16:30 RNS

THRL ShareCast News

Target Healthcare REIT offloads four care homes 27-Jun-2024 ShareCast
Target Healthcare H1 rent up 2.9% 27-Mar-2023 ShareCast
Target Healthcare reports strong rent collection... 06-Jul-2020 ShareCast

Latest THRL 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.

 

THRL Market Data

Currency UK Pounds
Share Price 84.40p
Change Today -4.20p
% Change -4.74 %
52 Week High 94.60p
52 Week Low 75.50p
Volume 439,960
Shares Issued 620.24m
Market Cap £523.48m

THRL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
9.27% above the market average9.27% above the market average9.27% above the market average9.27% above the market average9.27% above the market average
92% below the sector average92% below the sector average92% below the sector average92% below the sector average92% below the sector average
Price Trend
71.22% above the market average71.22% above the market average71.22% above the market average71.22% above the market average71.22% above the market average
82.89% above the sector average82.89% above the sector average82.89% above the sector average82.89% above the sector average82.89% above the sector average
Income
77.03% above the market average77.03% above the market average77.03% above the market average77.03% above the market average77.03% above the market average
67.84% below the sector average67.84% below the sector average67.84% below the sector average67.84% below the sector average67.84% below the sector average
Growth
9.66% below the market average9.66% below the market average9.66% below the market average9.66% below the market average9.66% below the market average
7.06% below the sector average7.06% below the sector average7.06% below the sector average7.06% below the sector average7.06% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

THRL Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 13-Feb-25 14-Nov-24
Paid 28-Feb-25 29-Nov-24
Amount 1.47p 1.47p

Trades for 07-Apr-2025

Time Volume / Share Price
11:13 572 @ 84.81p
11:12 1,159 @ 84.80p
11:11 325 @ 84.90p
11:09 11,713 @ 84.85p
11:04 200 @ 84.85p

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