SEGRO (LON:SGRO) Sets New 1-Year Low – Here’s What Happened

SEGRO Plc (LON:SGRO) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 586.85 ($7.68) and last traded at GBX 599 ($7.84), with a volume of 9587912 shares traded. The stock had previously closed at GBX 624 ($8.17).

SEGRO Stock Performance

The firm has a market capitalization of £8.48 billion, a PE ratio of -818.24, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. The company has a debt-to-equity ratio of 42.10, a current ratio of 1.30 and a quick ratio of 0.62. The stock has a 50-day moving average price of GBX 688.92 and a 200-day moving average price of GBX 739.21.

SEGRO (LON:SGRO) last announced its earnings results on Friday, February 14th. The real estate investment trust reported GBX 34.50 ($0.45) earnings per share (EPS) for the quarter. SEGRO had a negative return on equity of 0.09% and a negative net margin of 1.36%. On average, research analysts expect that SEGRO Plc will post 37.4077408 EPS for the current fiscal year.

SEGRO Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Thursday, March 27th will be issued a dividend of GBX 20.20 ($0.26) per share. This is a positive change from SEGRO’s previous dividend of $9.10. This represents a yield of 2.88%. The ex-dividend date is Thursday, March 27th. SEGRO’s dividend payout ratio (DPR) is currently -3,632.01%.

Insider Activity

In other news, insider Soumen Das sold 73,234 shares of SEGRO stock in a transaction that occurred on Wednesday, March 26th. The stock was sold at an average price of GBX 704 ($9.21), for a total value of £515,567.36 ($674,826.39). Company insiders own 0.33% of the company’s stock.

SEGRO Company Profile

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.