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Care REIT plc Stock Price

LSE:CRT Community·UK£446.7m Market Cap
  • 0 Narratives written by author
  • 0 Comments on narratives written by author
  • 21 Fair Values set on narratives written by author

CRT Share Price Performance

UK£1.08
0.19 (21.40%)
UK£1.08
0.19 (21.40%)
Price UK£1.08

CRT Community Narratives

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Snowflake Analysis

Good value with adequate balance sheet and pays a dividend.

2 Risks
2 Rewards

Care REIT plc Key Details

UK£54.1m

Revenue

UK£0

Cost of Revenue

UK£54.1m

Gross Profit

UK£9.2m

Other Expenses

UK£45.0m

Earnings

Last Reported Earnings
Dec 31, 2024
Next Reporting Earnings
n/a
0.11
100.00%
83.04%
39.1%
View Full Analysis

About CRT

Founded
2016
Employees
n/a
CEO
n/a
WebsiteView website
www.impactreit.uk

Impact Healthcare REIT plc acquires, renovates, extends and redevelops high quality healthcare real estate assets in the UK and lets these assets on long-term full repairing and insuring leases to high-quality established healthcare operators which offer good quality care, under leases which provide the Company with attractive levels of rent cover. The Company aims to provide shareholders with an attractive sustainable return, principally in the form of quarterly income distributions and with the potential for capital and income growth, through exposure to a diversified and resilient portfolio of UK healthcare real estate assets, in particular care homes for the elderly. The Company's dividend policy is to seek to maintain a progressive dividend that is covered by adjusted earnings. On this basis, the target total dividend for the year ending 31 December 2024 is 6.95 pence per share, a 0.18 pence increase over the 6.77 pence in dividends paid per ordinary share for the year ended 31 December 2023. The Group's Ordinary Shares were admitted to trading on the main market of the London Stock Exchange, premium segment, on 8 February 2019. The Company is a constituent of the FTSE EPRA/NAREIT index.

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