Target Healthcare REIT PLC

THRL

GB00BJGTLF51

Residential REITs

Market Closed - London S.E. Other stock markets 11:35:13 2024-05-03 am EDT			5-day change	1st Jan Change
79.8 ^GBX	-0.37%		+3.64%	-7.53%

Apr. 12	JPMorgan raises Taylor Wimpey, Persimmon	AN
Mar. 12	Target Healthcare interim net asset value and contractual rent grow	AN

Target Healthcare REIT PLC Reports Earnings Results for the Half Year Ended December 31, 2023

March 12, 2024 at 03:00 am EDT

Target Healthcare REIT PLC reported earnings results for the half year ended December 31, 2023. For the half year, the company reported sales was GBP 34.05 million compared to GBP 33.96 million a year ago. Revenue was GBP 41.8 million compared to negative revenue of GBP 23.97 million a year ago.

Net income was GBP 30.76 million compared to net loss of GBP 34.18 million a year ago. Basic earnings per share from continuing operations was GBP 0.0496 compared to basic loss per share from continuing operations of GBP 0.0551 a year ago.

Latest news about Target Healthcare REIT PLC

JPMorgan raises Taylor Wimpey, Persimmon	Apr. 12	AN
Target Healthcare interim net asset value and contractual rent grow	Mar. 12	AN
Target Healthcare REIT Swings to Fiscal H1 Profit	Mar. 12	MT
Target Healthcare REIT PLC Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 12	CI
Target Healthcare ups tangible assets but interim dividend slips	Feb. 01	AN
Target Healthcare Reit plc Declares Second Interim Dividend for the Period from 1 October 2023 to 31 December 2023, Payable on 23 February 2024	Feb. 01	CI
Target Healthcare REIT PLC Provides Dividend Guidance for the Fiscal Year 2024	Nov. 07	CI
Target Healthcare REIT ups net tangible assets and boosts dividend	Nov. 01	AN
Target Healthcare REIT PLC Declares First Interim Dividend for the Period from 1 July 2023 to 30 September 2023, Payable on 24 November 2023	Nov. 01	CI
JPMorgan raises Croda; Berenberg cuts Atalaya	23-10-11	AN
FTSE 100 Rebounds, Closes at More Than One-Week High	23-10-10	DJ
Target Healthcare REIT plans lower annual dividend as net assets down	23-10-10	AN
Stocks seen higher; YouGov's annual profit jumps	23-10-10	AN
Target Healthcare REIT Swings to Loss in FY23; Revenue Up	23-10-10	MT
Earnings Flash (THRL.L) TARGET HEALTHCARE REIT Reports FY23 Revenue GBP67.7M	23-10-10	MT
Earnings Flash (THRL.L) TARGET HEALTHCARE REIT Posts FY23 Loss GBX-1.06	23-10-10	MT
Target Healthcare REIT PLC Reports Earnings Results for the Full Year Ended June 30, 2023	23-10-10	CI
Target Healthcare REIT PLC(LSE:THRL) added to S&P Global BMI Index	23-09-18	CI
Jefferies Upgrades Target Healthcare REIT to Buy from Hold	23-09-01	MT
Target Healthcare REIT raised to 'buy'	23-09-01	AN
Stocks seen higher; UK house prices continue to fall	23-09-01	AN
Target Healthcare REIT says demand remains "encouraging"	23-08-02	AN
Target Healthcare REIT PLC Declares Fourth Interim Dividend for the Year Ended 30 June 2023, Payable on August 25, 2023	23-08-02	CI
Target Healthcare quarterly net assets per share rises	23-05-03	AN
Target Healthcare REIT PLC Declares Third Interim Dividend for the Year Ending 30 June 2023, Payable on 26 May 2023	23-05-03	CI

Chart Target Healthcare REIT PLC

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Company Profile

Target Healthcare REIT plc is a United Kingdom-based real estate investment company. The Companyâs 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. Its investment manager and alternative investment fund manager is Target Fund Managers Limited.

Sector

Residential REITs

Calendar

2024-10-07 - Q4 2024 Earnings Release (Projected)

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Ratings for Target Healthcare REIT PLC

Trading Rating

Investor Rating

ESG Refinitiv

D+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.798 GBP

Average target price

0.995 GBP

Spread / Average Target

+24.69%

Consensus

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Annual profits - Rate of surprise

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Sector Residential REITs

	1st Jan change	Capi.
TARGET HEALTHCARE REIT PLC	-7.53%	621M
AVALONBAY COMMUNITIES, INC.	+2.99%	27.38B
EQUITY RESIDENTIAL	+7.77%	24.98B
INVITATION HOMES INC.	+0.82%	21.07B
MID-AMERICA APARTMENT COMMUNITY, INC.	-1.09%	15.52B
SUN COMMUNITIES, INC.	-12.21%	14.62B
AMERICAN HOMES 4 RENT	-0.56%	13.1B
UDR INC.	-0.16%	12.59B
EQUITY LIFESTYLE PROPERTIES, INC.	-10.22%	11.81B
CAMDEN PROPERTY TRUST	+5.92%	11.44B

Residential REITs