NewRiver REIT Future Growth

Future criteria checks 3/6

NewRiver REIT's revenue is forecast to decline at 12.2% per annum while its annual earnings are expected to grow at 33% per year.

Key information

33.0%

Earnings growth rate

n/a

EPS growth rate

Retail REITs earnings growth	40.8%
Revenue growth rate	-12.2%
Future return on equity	n/a
Analyst coverage	Low
Last updated	24 Sep 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BATS-CHIXE:NRRL - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	47	34	N/A	N/A	1
3/31/2026	49	32	25	N/A	2
3/31/2025	43	37	24	N/A	1
3/31/2024	66	3	23	23	N/A
12/31/2023	65	-10	24	24	N/A
9/30/2023	64	-23	23	23	N/A
6/30/2023	69	-20	25	24	N/A
3/31/2023	75	-17	27	27	N/A
12/31/2022	76	5	30	30	N/A
9/30/2022	77	28	33	33	N/A
6/30/2022	76	17	38	40	N/A
3/31/2022	75	7	44	47	N/A
12/31/2021	73	-26	33	37	N/A
9/30/2021	70	-59	22	28	N/A
6/30/2021	73	-91	14	18	N/A
3/31/2021	76	-122	5	9	N/A
12/31/2020	96	-151	15	21	N/A
9/30/2020	117	-179	24	34	N/A
6/30/2020	132	-150	30	40	N/A
3/31/2020	147	-121	35	46	N/A
12/31/2019	145	-91	39	44	N/A
9/30/2019	143	-61	42	42	N/A
6/30/2019	142	-49	38	39	N/A
3/31/2019	141	-37	35	36	N/A
12/31/2018	133	-9	38	39	N/A
9/30/2018	125	19	42	43	N/A
6/30/2018	117	32	41	42	N/A
3/31/2018	108	46	41	42	N/A
12/31/2017	110	52	N/A	49	N/A
9/30/2017	111	59	N/A	57	N/A
6/30/2017	106	48	N/A	58	N/A
3/31/2017	102	36	N/A	60	N/A
12/31/2016	91	35	N/A	57	N/A
9/30/2016	81	34	N/A	55	N/A
6/30/2016	75	52	N/A	53	N/A
3/31/2016	69	69	N/A	51	N/A
12/31/2015	64	69	N/A	39	N/A
9/30/2015	58	69	N/A	28	N/A
6/30/2015	49	54	N/A	18	N/A
3/31/2015	40	40	N/A	8	N/A
12/31/2014	33	35	N/A	2	N/A
9/30/2014	27	30	N/A	-5	N/A
6/30/2014	25	27	N/A	-2	N/A
3/31/2014	22	23	N/A	0	N/A
12/31/2013	21	15	N/A	3	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NRRL's forecast earnings growth (33% per year) is above the savings rate (2.1%).

Earnings vs Market: NRRL's earnings (33% per year) are forecast to grow faster than the UK market (14.6% per year).

High Growth Earnings: NRRL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NRRL's revenue is expected to decline over the next 3 years (-12.2% per year).

High Growth Revenue: NRRL's revenue is forecast to decline over the next 3 years (-12.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if NRRL's Return on Equity is forecast to be high in 3 years time

NewRiver REIT Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Forecast breakeven pushed back to 2023

Recent updates

NewRiver REIT plc has filed a Follow-on Equity Offering.

Capital & Regional Plc Announces Extension of PUSU Deadline

Capital & Regional Announces Extension of PUSU Deadlines

NewRiver REIT plc Approves to Declare Final Dividend for the Year Ended 31 March 2024

NewRiver REIT plc (LSE:NRR) acquired Ellandi Management Limited for £9 million.

NewRiver REIT plc, Annual General Meeting, Aug 05, 2024

NewRiver REIT plc Declares Final Dividend for the Year Ended March 31, 2024, Payable on 16 August 2024

NewRiver REIT plc to Report Fiscal Year 2024 Results on Jun 21, 2024

Capital & Regional Announces Extension to PUSU Deadline

NewRiver Confirms Proposal to Growthpoint Properties in Regard to Possible Offer of Capital & Regional

NewRiver Confirms Proposal to Growthpoint Properties in Regard to Possible Offer of Capital & Regional

NewRiver REIT plc Appoints Lynn Fordham as Non-Executive Director

Upcoming dividend of UK£0.034 per share at 7.9% yield

First half 2024 earnings released: UK£0.008 loss per share (vs UK£0.013 profit in 1H 2023)

NewRiver REIT plc Declares Dividend for the Six Months Ended 30 September 2023, Payable on 16 January 2024

NewRiver REIT plc to Report First Half, 2024 Results on Nov 23, 2023

NewRiver REIT plc Approves Final Dividend for the Year Ended 31 March 2023

RI UK 1 Limited acquired Kittybrewster Retail Park in Aberdeen and Glendoe and Telford Retail Parks in Inverness from PAF Lux SCA, SICAV-RAIF - PAF Bravo III - Compartment, NewRiver REIT plc (LSE:NRR) for £62.6 million .

New major risk - Revenue and earnings growth

NewRiver REIT plc, Annual General Meeting, Jul 26, 2023

NewRiver REIT plc Proposes Final Dividend in Respect of the Year Ended 31 March 2023, Payable on 4 August 2023

Full year 2023 earnings released: UK£0.054 loss per share (vs UK£0.023 profit in FY 2022)

NewRiver REIT plc to Report Fiscal Year 2023 Results on Jun 06, 2023

NewRiver REIT plc Declares Interim Dividend in Respect of the Six Months Ended 30 September 2022, Payable on 17 January 2023

Upcoming dividend of UK£0.035 per share

First half 2023 earnings released: EPS: UK£0.013 (vs UK£0.054 loss in 1H 2022)

Upcoming dividend of UK£0.033 per share

NewRiver REIT plc Declares Dividend for the Year Ended 31 March 2022, Payable on 2 September 2022

NewRiver REIT plc, Annual General Meeting, Jul 26, 2022

Full year 2022 earnings released: EPS: UK£0.023 (vs UK£0.49 loss in FY 2021)

NewRiver REIT plc Proposes Final Dividend in Respect of the Year Ended 31 March 2022, 2 September 2022

NewRiver REIT plc Announces Executive Appointment

NewRiver REIT plc to Report Fiscal Year 2022 Results on Jun 07, 2022

An unknown buyer acquired Poole Retail Park in Dorset from NewRiver REIT plc (LSE:NRR) and Bravo Strategies Iii Llc, A fund managed by Pacific Investment Management Company LLC for £58 million.

Upcoming dividend of UK£0.041 per share

First half 2022 earnings: EPS in line with expectations, revenues disappoint

CFO & Director recently bought UK£50k worth of stock

Admiral Taverns Limited completed the acquisition of Hawthorn Leisure Reit Limited from NewRiver REIT plc (LSE:NRR).

Forecast breakeven pushed back to 2023

CFO & Director Mark Davies has left the company

Upcoming dividend of UK£0.03 per share

Full year 2021 earnings released: UK£0.49 loss per share (vs UK£0.40 loss in FY 2020)

Full year 2021 earnings released: UK£0.49 loss per share (vs UK£0.40 loss in FY 2020)

NewRiver REIT plc Proposes Dividend for the Year Ended 31 March 2021, Payable on 3 September 2021

Founder recently bought UK£219k worth of stock

New 90-day high: UK£1.04

Bravo Strategies Iii Llc, fund managed by Pacific Investment Management Company LLC and NewRiver REIT plc (LSE:NRR) exchanged contracts to acquire The Moor in Sheffield from Cep Asi Ukpf Nominee 1 Limited and Cep Asi Ukpf Nominee 2 Limited for £41 million.

New 90-day high: UK£0.86

First half 2021 earnings released: UK£0.30 loss per share

NewRiver REIT plc to Report First Half, 2021 Results on Nov 26, 2020

BRAVO Strategies III LLC acquired a 90% stake in Sprucefield Retail Park, Lisburn of intu properties plc from NewRiver REIT plc (LSE:NRR) for £34.7 million.

An undisclosed buyer acquired Co-op Food store in Longton from NewRiver REIT plc (LSE:NRR) and others for £1.3 million.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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