Harworth Group (LON:HWG) Releases Earnings Results

Harworth Group (LON:HWG) posted its earnings results on Tuesday. The company reported GBX 17.70 ($0.23) EPS for the quarter, Digital Look Earnings reports. Harworth Group had a net margin of 52.25% and a return on equity of 7.75%.

Harworth Group Trading Down 1.7 %

LON HWG opened at GBX 169.15 ($2.20) on Wednesday. The company has a debt-to-equity ratio of 13.88, a current ratio of 2.59 and a quick ratio of 1.13. The firm’s fifty day moving average price is GBX 164.77 and its 200 day moving average price is GBX 171.49. The company has a market capitalization of £556.86 million, a price-to-earnings ratio of 11.15 and a beta of 0.74. Harworth Group has a 12 month low of GBX 125 ($1.63) and a 12 month high of GBX 195 ($2.54).

Harworth Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be given a GBX 1.13 ($0.01) dividend. This represents a dividend yield of 0.65%. This is an increase from Harworth Group’s previous dividend of $0.49. The ex-dividend date of this dividend is Thursday, April 24th. Harworth Group’s dividend payout ratio (DPR) is 13.18%.

Insider Activity at Harworth Group

In other Harworth Group news, insider Lynda Shillaw acquired 17,291 shares of the stock in a transaction on Tuesday, March 18th. The shares were bought at an average cost of GBX 174 ($2.26) per share, with a total value of £30,086.34 ($39,113.81). Insiders have purchased 17,473 shares of company stock valued at $3,038,573 in the last ninety days. Insiders own 53.39% of the company’s stock.

Harworth Group Company Profile

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments.