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NewRiver REIT

Current Price 53.40p Bid 50.00p Ask 69.20p Change -2.91%
Last Updated: 30/05/2020 18:46. Prices delayed by at least 15 minutes.
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Company Overview

NewRiver REIT specialises in commercial property investment in the UK retail and leisure sector. It sought to deliver income returns and enhance capital value through strategic stock selection, active asset management and risk-controlled development. The real estate investment trust was founded in 2009, and was one of the UK's largest owner/managers of convenience-led shopping centres. It has more than 30 shopping centres, together with further nationwide retail and leisure assets.

Financial Highlights Year Ended 31/03/2019

Revenue
£125.40m
Operating Profit/Loss
£-21.00m
Dividend yield (%)
9.10
Total dividend for year
21.6000p
Dividend cover
-0.56
P/E Ratio
n/a

Key Personnel

Mr Allan Lockhart
Chief Executive Officer
Mr Mark Davies
Chief Financial Officer
Mr David Lockhart
Executive Deputy Chairman
Mr Colin Rutherford
Non-Executive Director
Ms Kay Chaldecott
Non-Executive Director
Mr Alastair Miller
Senior Independent Director

Stock Details

EPIC
NRR
ISIN
GB00BD7XPJ64
Shares in Issue
306.15m
Market cap
£163.48m
Sector

Analyst Views (6)

Strong Buy
 
50.00%
Buy
 
0%
Hold
 
50.00%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
53.40p
Bid Price
50.00p
Ask Price
69.20p
Volume
7,754,971
Change Today
-1.60p
% Change Today
-2.91%
Open
54.10p
Previous Close
53.40p
Intraday High
56.84p
Intraday Low
52.40p
52 Week High
217.50p
52 Week Low
50.10p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Income Statement

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Continuing Operations
Revenue
125.40
106.30
Operating Profit/Loss
-21.00
61.60
Net Interest
-18.70
-19.90
Pre-Tax Profit
-36.40
46.90
Profit After Tax from continuing operations
-36.90
45.70
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
-36.90
45.70
Attributable to:
Equity Holders of Parent Company
-36.90
45.70
Minority Interests
n/a
n/a
Total Dividend Paid
21.6000p
21.0000p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2019
31 Mar 2018
Basic
-12.10p
16.00p
Diluted
-12.10p
16.00p
Adjusted
-12.10p
16.00p
Dividend per Share
21.6000p
21.0000p

Assets

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
28.10
1.00
Intangible Assets
n/a
n/a
Investment Properties
1,254.10
1,227.20
Investments
7.60
8.50
Other Financial Assets
0.70
3.30
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
19.10
34.40
Cash at Bank & In Hand
27.10
115.80
Current Asset Investments
n/a
n/a
Other Current Assets
n/a
0.10
Other Assets
n/a
n/a
Total Assets
1,336.70
1,390.30

Liabilities

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
n/a
n/a
Other Current Liabilities
35.70
40.80
Total Current Liabilities
35.70
40.80
Non-Current Liabilities
Borrowings
502.70
457.00
Provisions
1.60
n/a
Other Non-Current Liabilities
0.60
0.10
Total Non-Current Liabilities
504.90
457.10
Other Liabilities
n/a
n/a
Total Liabilities
540.60
497.90

Net Assets

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Net Assets
796.10
892.40

Capital & Reserves

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Share Capital
3.10
3.00
Share Premium Account
225.00
223.30
Other Reserves
-2.30
-2.30
Retained Earnings
570.30
668.40
Shareholders Funds
796.10
892.40
Minority Interests/Other Equity
n/a
n/a
Total Equity
796.10
892.40

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
3rd Interim
24 Dec 2019
07 Feb 2020
5.40p
2nd Interim
17 Oct 2019
15 Nov 2019
5.40p
1st Interim
20 Jun 2019
26 Jul 2019
5.40p
4th Interim
18 Apr 2019
24 May 2019
5.40p
3rd Interim
27 Dec 2018
08 Feb 2019
5.40p
2nd Interim
18 Oct 2018
16 Nov 2018
5.40p
1st Interim
21 Jun 2018
27 Jul 2018
5.40p
4th Interim
26 Apr 2018
25 May 2018
5.25p
3rd Interim
28 Dec 2017
09 Feb 2018
5.25p
2nd Interim
19 Oct 2017
17 Nov 2017
5.25p
1st Interim
15 Jun 2017
04 Aug 2017
5.25p
Special
15 Jun 2017
04 Aug 2017
3.00p
4th Interim
20 Apr 2017
11 May 2017
5.00p
3rd Interim
29 Dec 2016
27 Jan 2017
5.00p
2nd Interim
06 Oct 2016
28 Oct 2016
5.00p
1st Interim
21 Jul 2016
17 Aug 2016
5.00p
4th Interim
28 Apr 2016
13 May 2016
4.75p
3rd Interim
24 Dec 2015
10 Feb 2016
4.75p
2nd Interim
22 Oct 2015
13 Nov 2015
4.50p
1st Interim
02 Jul 2015
31 Jul 2015
4.50p
4th Interim
16 Apr 2015
18 May 2015
4.25p
3rd Interim
02 Jan 2015
30 Jan 2015
4.25p
2nd Interim
29 Dec 2014
30 Jan 2015
4.25p
1st Interim
24 Sep 2014
31 Oct 2014
4.25p
Special
19 Feb 2014
28 Mar 2014
10.00p
Interim
08 Jan 2014
31 Jan 2014
6.00p

Dividend Metrics

Year End Date
31 Mar 2019
31 Mar 2018
Dividend growth
2.86%
5.81%
Dividend yield
9.10%
7.30%
Dividend cover
-0.56
0.76
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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