Target Healthcare Reit Ltd (THRL)

Sector:

Investment Firms

Index:

FTSE 250

83.60p
   
  • Change Today:
    -0.70p
  • 52 Week High: 91.70
  • 52 Week Low: 75.50
  • Currency: UK Pounds
  • Shares Issued: 620.24m
  • Volume: 422,663
  • Market Cap: £518.52m
  • Beta: 0.91

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 7.0% 0.0%
Div Cover 1.0 1.1
Op Mrgn 80.3% 89.3%
ROCE 5.1%  
Latest F'cast
P/E 14.4 13.4
PEG n/a 1.7
Pr/Revenue 8.9 7.4
Pr/Book 0.8  
Latest F'cast
Revenue 3.9% 21.0%
PBT 0.0% 74.5%
EPS n/a 7.8%
DPS -9.1% 0.3%

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 70.90 63.30 6.31p 13.4 1.7 +8% 5.90p 0.0%
30-Jun-26 73.33 72.55 6.40p 13.2 8.9 +2% 6.03p 0.0%
30-Jun-27 76.85 63.20 6.61p 12.8 3.9 +3% 6.15p 0.0%

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THRL Company Announcements

Net Asset Value, Corporate Update & Dividend 29-Oct-2024 07:00 RNS
Annual Financial Report 23-Oct-2024 10:00 RNS
Investor Presentation via Investor Meet Company 18-Sep-2024 07:00 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 83.60p
Change Today -0.70p
% Change -0.83 %
52 Week High 91.70
52 Week Low 75.50
Volume 422,663
Shares Issued 620.24m
Market Cap £518.52m
Beta 0.91

THRL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.80% above the market average50.80% above the market average50.80% above the market average50.80% above the market average50.80% above the market average
58.84% below the sector average58.84% below the sector average58.84% below the sector average58.84% below the sector average58.84% below the sector average
Price Trend
20.36% above the market average20.36% above the market average20.36% above the market average20.36% above the market average20.36% above the market average
8.81% above the sector average8.81% above the sector average8.81% above the sector average8.81% above the sector average8.81% above the sector average
Income
82.93% above the market average82.93% above the market average82.93% above the market average82.93% above the market average82.93% above the market average
16.00% above the sector average16.00% above the sector average16.00% above the sector average16.00% above the sector average16.00% above the sector average
Growth
28.21% below the market average28.21% below the market average28.21% below the market average28.21% below the market average28.21% below the market average
29.08% below the sector average29.08% below the sector average29.08% below the sector average29.08% below the sector average29.08% 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
  1st Interim 4th Interim
Ex-Div 14-Nov-24 15-Aug-24
Paid 29-Nov-24 30-Aug-24
Amount 1.47p 1.43p

Trades for 21-Nov-2024

Time Volume / Share Price
13:00 643 @ 83.60p
13:00 52 @ 83.60p
13:00 1,826 @ 83.60p
12:53 95 @ 83.66p
12:39 3,566 @ 83.70p

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