Safestore (LON:SAFE) Hits New 52-Week Low – Here’s Why

Posted by Carol Hyndes on Feb 18th, 2025

Safestore Holdings Plc (LON:SAFE – Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 577.50 ($7.29) and last traded at GBX 579.50 ($7.31), with a volume of 59867 shares traded. The stock had previously closed at GBX 582.50 ($7.35).

Safestore Stock Performance

The company’s 50-day moving average is GBX 635.95 and its two-hundred day moving average is GBX 765.58. The company has a market capitalization of £1.26 billion, a P/E ratio of 4.78, a PEG ratio of 2.05 and a beta of 0.86. The company has a quick ratio of 0.90, a current ratio of 0.89 and a debt-to-equity ratio of 41.53.

Safestore (LON:SAFE – Get Free Report) last issued its quarterly earnings results on Thursday, January 16th. The company reported GBX 92.40 ($1.17) EPS for the quarter. Safestore had a net margin of 118.32% and a return on equity of 12.38%. Equities analysts anticipate that Safestore Holdings Plc will post 42.6926692 earnings per share for the current fiscal year.

Safestore Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, March 13th will be given a dividend of GBX 20.40 ($0.26) per share. This is an increase from Safestore’s previous dividend of $10.00. The ex-dividend date is Thursday, March 13th. This represents a yield of 3.42%. Safestore’s dividend payout ratio (DPR) is presently 24.73%.

Insider Transactions at Safestore

In other Safestore news, insider Avis Darzins bought 1,581 shares of Safestore stock in a transaction that occurred on Thursday, January 16th. The shares were bought at an average price of GBX 628 ($7.92) per share, with a total value of £9,928.68 ($12,526.72). Company insiders own 2.77% of the company’s stock.

About Safestore

(Get Free Report)

Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium.