SEGRO (LON:SGRO) Hits New 1-Year Low – What’s Next?

SEGRO Plc (LON:SGRO)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as GBX 652.80 ($8.42) and last traded at GBX 654.20 ($8.44), with a volume of 25867150 shares trading hands. The stock had previously closed at GBX 702 ($9.05).

SEGRO Stock Down 6.4 %

The firm has a market cap of £8.83 billion, a price-to-earnings ratio of -852.48, a P/E/G ratio of 2.12 and a beta of 0.79. The firm’s 50 day moving average price is GBX 702.66 and its two-hundred day moving average price is GBX 750.53. The company has a debt-to-equity ratio of 42.10, a current ratio of 1.30 and a quick ratio of 0.62.

SEGRO (LON:SGRO) last announced its earnings results on Friday, February 14th. The real estate investment trust reported GBX 34.50 ($0.44) earnings per share for the quarter. SEGRO had a negative return on equity of 0.09% and a negative net margin of 1.36%. As a group, sell-side analysts forecast that SEGRO Plc will post 37.4077408 earnings per share for the current fiscal year.

SEGRO Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Thursday, March 27th will be paid a GBX 20.20 ($0.26) dividend. This is a boost 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 payout ratio is currently -3,632.01%.

Insider Transactions at SEGRO

In related news, insider Soumen Das sold 73,234 shares of the company’s stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of GBX 704 ($9.08), for a total transaction of £515,567.36 ($664,819.29). Company insiders own 0.33% of the company’s stock.

About SEGRO

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