Target Healthcare Reit Ltd (THRL)

Sector:

Investment Firms

Index:

FTSE 250

97.10p
   
  • Change Today:
      0.40p
  • 52 Week High: 105.40p
  • 52 Week Low: 79.70p
  • Currency: UK Pounds
  • Shares Issued: 620.24m
  • Volume: 354,170
  • Market Cap: £602.25m

Target Healthcare H1 rent up 2.9%

By Frank Prenesti

Date: Monday 27 Mar 2023

LONDON (ShareCast) - (Sharecast News) - UK care home investor Target Healthcare REIT on Monday reported a rise in contractual rent for the half year of 2.9% to £57.1m, including like‑for-like rental growth of 1.8%.
Underlying profits, measured by adjusted EPRA earnings, increased by 37% to £18.7m.

The company's portfolio market value decreased by 4.8% to £867.7m, primarily driven by a like-for-like portfolio valuation fall of 5.5% and net acquisitions of 0.7%.

In a separate announcement Target Healthcare sold four care homes in Northern Ireland for an undisclosed sum.

Reporting by Frank Prenesti for Sharecast.com

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

 

THRL Market Data

Currency UK Pounds
Share Price 97.10p
Change Today 0.40p
% Change 0.41 %
52 Week High 105.40p
52 Week Low 79.70p
Volume 354,170
Shares Issued 620.24m
Market Cap £602.25m

THRL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
33.43% above the market average33.43% above the market average33.43% above the market average33.43% above the market average33.43% above the market average
95.56% below the sector average95.56% below the sector average95.56% below the sector average95.56% below the sector average95.56% below the sector average
Price Trend
67.58% above the market average67.58% above the market average67.58% above the market average67.58% above the market average67.58% above the market average
79.93% above the sector average79.93% above the sector average79.93% above the sector average79.93% above the sector average79.93% above the sector average
Income
75.98% above the market average75.98% above the market average75.98% above the market average75.98% above the market average75.98% above the market average
79.59% below the sector average79.59% below the sector average79.59% below the sector average79.59% below the sector average79.59% below the sector average
Growth
12.20% above the market average12.20% above the market average12.20% above the market average12.20% above the market average12.20% above the market average
9.29% above the sector average9.29% above the sector average9.29% above the sector average9.29% above the sector average9.29% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 3
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
  1st Interim 4th Interim
Ex-Div 13-Nov-25 14-Aug-25
Paid 28-Nov-25 29-Aug-25
Amount 1.51p 1.47p

Trades for 02-Dec-2025

Time Volume / Share Price
13:35 42 @ 97.10p
13:34 4 @ 96.90p
13:30 5,000 @ 97.05p
13:25 234 @ 97.00p
13:25 34 @ 97.00p

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