Recent Insider Transactions • Jul 17
Key Executive recently bought UK£224k worth of stock On the 14th of July, Steve Windsor bought around 289k shares on-market at roughly UK£0.78 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Steve's only on-market trade for the last 12 months. Upcoming Dividend • Jul 02
Upcoming dividend of UK£0.014 per share Eligible shareholders must have bought the stock before 09 July 2026. Payment date: 07 August 2026. Trailing yield: 7.3%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (6.6%). Board Change • May 21
High number of new directors Independent Non-Executive Director of Atrato Partners Limited Jos Short was the last director to join the board, commencing their role in 2026. Announcement • Apr 16
Social Housing REIT plc, Annual General Meeting, May 18, 2026 Social Housing REIT plc, Annual General Meeting, May 18, 2026. Location: the offices of allen overy, shearman sterling llp, 1 bishops square, e1 6ad, london United Kingdom Reported Earnings • Mar 27
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: UK£0.008 (up from UK£0.092 loss in FY 2024). Revenue: UK£40.8m (up 4.1% from FY 2024). Net income: UK£2.99m (up UK£39.4m from FY 2024). Profit margin: 7.3% (up from net loss in FY 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 88%. Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, while revenues in the Residential REITs industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Declared Dividend • Mar 23
Dividend of UK£0.014 announced Shareholders will receive a dividend of UK£0.014. Ex-date: 2nd April 2026 Payment date: 21st April 2026 Dividend yield will be 8.0%, which is higher than the industry average of 4.5%. Announcement • Mar 21
Social Housing Reit plc Declares an Interim Dividend in Respect of the Period from 1 October 2025 to 31 December 2025, Payable on or Around 21 April 2026 Social Housing REIT plc has declared an interim dividend in respect of the period from 1 October 2025 to 31 December 2025 of 1.4055 pence per Ordinary Share, payable on or around 21 April 2026 to holders of Ordinary Shares on the register on 7 April 2026. The ex-dividend date will be 2 April 2026. Announcement • Mar 09
Social Housing REIT plc to Report Fiscal Year 2025 Results on Mar 26, 2026 Social Housing REIT plc announced that they will report fiscal year 2025 results on Mar 26, 2026 Declared Dividend • Nov 29
Dividend of UK£0.014 announced Shareholders will receive a dividend of UK£0.014. Ex-date: 4th December 2025 Payment date: 19th December 2025 Dividend yield will be 8.1%, which is higher than the industry average of 4.5%. Announcement • Nov 27
Social Housing REIT plc Declares an Interim Dividend in Respect of the Period from July 1, 2025 to September 30, 2025, Payable on or About December 19, 2025 The Board of Directors of Social Housing REIT plc declared an interim dividend in respect of the period from 1 July 2025 to 30 September 2025 of 1.4055 pence per Ordinary Share, payable on or around 19 December 2025 to holders of Ordinary Shares on the register on 5 December 2025. The ex-dividend date will be 4 December 2025. Announcement • Nov 09
Social Housing REIT plc Announces Board and Committee Changes The Board of Directors of Social Housing REIT plc announced the appointment of Jos Short and Fionnuala Hogan as independent Non-Executive Directors of the Company, with effect from 1 March 2026 and 10 November 2025, respectively. Jos will be appointed as a member of the Nomination and Management Engagement Committees and Fionnuala will be appointed as a member of the Audit and Management Engagement Committees.
Chris Phillips and Peter Coward will step down from the Board at the conclusion of the Company's 2026 Annual General Meeting. Following their resignations, Jos will succeed Chris as Chair of the Board and Nomination Committee and Fionnuala will succeed Peter as Audit Committee Chair.
Jos Short is a distinguished real estate executive with over two decades of experience in European property investment, private equity and fund management. Jos is currently Chair of Heylo Housing Group Limited and Deputy Chairman of Annington Homes.
Jos was previously Chief Executive of Pricoa Property Private Equity, the UK and European subsidiary of Prudential Corporation US, serving on the boards of Big Yellow Storage and Great Portland Estates. He also founded Internos Global Investors, who worked with major mandates including managing Local Shopping REIT, prior to its divestment in 2018.
Fionnuala is an experienced non-executive director, with significant expertise in governance, real estate and venture capital. She is currently Strategic Advisor for GroundBreak Ventures Inc, a North American real estate and proptech venture capital firm, and a trusted advisor to scaling startups and innovation-focused organisations.
Fionnuala was a non-executive director of UK Commercial Property REIT Limited, previously a FTSE-listed property investment trust, and has held board and committee roles across the private, public, and not-for-profit sectors. She led the digital infrastructure and early-stage investment platform of the Noé Group, a £2bn+ asset manager, where she built an investment portfolio focused on sustainability, smart buildings and cities, and founded RELab, an award-winning global partnership led ecosystem created to bring the worlds of technology and the built environment closer together. As announced on 24 December 2024, Chris Phillips and Peter Coward are both approaching the end of their nine-year tenures in 2026. In line with the Succession Plan, which was designed to ensure a gradual refresh of the Board, these appointments will allow for an orderly handover period. Reported Earnings • Sep 15
First half 2025 earnings released: UK£0.007 loss per share (vs UK£0.013 profit in 1H 2024) First half 2025 results: UK£0.007 loss per share (down from UK£0.013 profit in 1H 2024). Revenue: UK£20.4m (flat on 1H 2024). Net loss: UK£2.86m (down 154% from profit in 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Declared Dividend • Sep 11
Dividend increased to UK£0.014 Dividend of UK£0.014 is 3.0% higher than last year. Ex-date: 18th September 2025 Payment date: 3rd October 2025 Dividend yield will be 7.9%, which is higher than the industry average of 4.5%. Announcement • Sep 01
Social Housing REIT plc to Report First Half, 2025 Results on Sep 10, 2025 Social Housing REIT plc announced that they will report first half, 2025 results on Sep 10, 2025 Declared Dividend • May 22
Fourth quarter dividend increased to UK£0.014 Dividend of UK£0.014 is 3.0% higher than last year. Ex-date: 29th May 2025 Payment date: 27th June 2025 Dividend yield will be 7.9%, which is higher than the industry average of 4.5%. Announcement • May 22
Social Housing REIT plc Declares Interim Dividend in Respect of the Period from 1 January to 31 March 2025, Payable on or Around 27 June 2025; Provides Dividend Guidance for the Financial Year Ending 31 December 2025 Social Housing REIT plc announced the board has declared an interim dividend in respect of the period from 1 January to 31 March 2025 of 1.4055 pence per Ordinary Share, payable on or around 27 June 2025 to holders of Ordinary Shares on the register on 30 May 2025. The ex-dividend date will be 29 May 2025. The dividend will be paid as a Property Income Distribution.
The company provided dividend guidance for the financial year ending 31 December 2025. For the year, the company targets an aggregate dividend of 5.622 pence per Ordinary Share, this represents a 3.0% increase on the 5.46 pence per share paid in respect of the financial year ended 31 December 2024 and is the first dividend target increase since 2022. The dividend increase is driven by three factors: The successful progress achieved with the lease assignments from Parasol to Westmoreland; A reduction in costs driven by the transition to a management fee based on market capitalisation following the appointment of Atrato Partners Limited (the Investment Manager); and An improvement in the earnings of SOHO, driven in part by annual inflation-linked rent increases. Looking ahead, the Board and Investment Manager expect the Company to return to a long-term progressive dividend policy. Announcement • Mar 26
Social Housing REIT plc, Annual General Meeting, May 19, 2025 Social Housing REIT plc, Annual General Meeting, May 19, 2025. New Risk • Mar 24
New major risk - Revenue and earnings growth Earnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings have declined by 16% per year over the past 5 years. Reported Earnings • Mar 24
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: UK£0.092 loss per share (down from UK£0.088 profit in FY 2023). Revenue: UK£39.2m (down 1.7% from FY 2023). Net loss: UK£36.4m (down 204% from profit in FY 2023). Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Declared Dividend • Mar 23
Dividend of UK£0.014 announced Dividend of UK£0.014 is the same as last year. Ex-date: 27th March 2025 Payment date: 11th April 2025 Dividend yield will be 9.1%, which is higher than the industry average of 4.5%. Announcement • Mar 14
Social Housing REIT plc to Report Fiscal Year 2024 Results on Mar 24, 2025 Social Housing REIT plc announced that they will report fiscal year 2024 results on Mar 24, 2025 Announcement • Feb 26
Social Housing REIT plc Announces Committee Changes The Board of Directors of Social Housing REIT plc announced that Tracey Fletcher-Ray will become a member of the Nomination Committee and Ian Reeves and Bryan Sherriff will step down as members of the Nomination Committee, with immediate effect. There are no changes being made to the composition of the Audit Committee, Management Engagement Committee or Sustainability & Impact Committee at this time. A further announcement will be made in due course in respect to committee changes following Ian Reeves stepping down at the 2025 AGM. The membership of each of the Board's Committees is as follows: Audit Committee: Peter Coward (Chair), Tracey Fletcher-Ray (SID), Ian Reeves and Bryan Sherriff. Nomination Committee: Chris Phillips (Chair), Tracey Fletcher-Ray (SID) and Cecily Davis. Management Engagement Committee. Tracey Fletcher-Ray (Chair), Chris Phillips and Peter Coward. Sustainability & Impact Committee: Ian Reeves (Chair), Tracey Fletcher-Ray (SID), Cecily Davis and Bryan Sherriff. Announcement • Dec 24
Triple Point Social Housing REIT plc Announces Board and Committee Changes Triple Point Social Housing REIT plc announced the appointment of Bryan Sherriff to the Board as an Independent Non-Executive Director with effect from 1 January 2025. Bryan Sherriff will also be appointed as a member of the Audit Committee, Nomination Committee and Sustainability & Impact Committee. Bryan has over 30 years' property investment, development and management experience throughout the UK across commercial and residential sectors. Bryan is currently Managing Director of ColdSpring, which provides consultancy services to institutional investors and private client family offices. He is also a Governor of George Heriot's Trust, a Non-Executive Director of Hillcrest Enterprise and a Non-Executive Director of Places for People Scotland. Prior to his current roles, Bryan has held a number of development, investment and asset management positions, including as Development Director and latterly Head of Asset Management at Halladale plc. In 2015, Bryan established Drum Income Plus REIT plc and was its Fund Manager up to November 2021. Bryan is a Chartered Surveyor and is a fellow of the Royal Institution of Chartered Surveyors (FRICS). There are no other details that are required to be disclosed in respect of Rule 6.4.8 of the Financial Conduct Authority's Listing Rules. Chris Phillips, Ian Reeves and Peter Coward are each approaching the end of their nine-year tenure in 2026, and therefore the Board has developed a Succession Plan to ensure a gradual refresh of the Board. Bryan Sherriff's appointment is part of this process and he will replace Ian Reeves who will step down at the 2025 AGM following an orderly handover. Declared Dividend • Nov 24
Dividend of UK£0.014 announced Dividend of UK£0.014 is the same as last year. Ex-date: 28th November 2024 Payment date: 13th December 2024 Dividend yield will be 8.9%, which is higher than the industry average of 4.5%. Major Estimate Revision • Sep 20
Consensus EPS estimates fall by 21% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from UK£0.087 to UK£0.069 per share. Revenue forecast steady at UK£40.0m. Net income forecast to grow 9.7% next year vs 23% growth forecast for Residential REITs industry in the United Kingdom. Consensus price target of UK£0.65 unchanged from last update. Share price was steady at UK£0.65 over the past week. Declared Dividend • Sep 15
Dividend of UK£0.014 announced Dividend of UK£0.014 is the same as last year. Ex-date: 19th September 2024 Payment date: 4th October 2024 Dividend yield will be 8.2%, which is higher than the industry average of 4.5%. Announcement • Sep 12
Triple Point Social Housing REIT plc Declares Interim Dividend in Respect of the Period from 1 April 2024 to 30 June 2024, Payable on or Around 4 October 2024 The Board of Directors of Triple Point Social Housing REIT plc has declared an interim dividend in respect of the period from 1 April 2024 to 30 June 2024 of 1.365 pence per Ordinary Share, payable on or around 4 October 2024 to holders of Ordinary Shares on the register on 20 September 2024. The ex-dividend date will be 19 September 2024. Announcement • Aug 16
Triple Point Social Housing REIT plc to Report First Half, 2024 Results on Sep 13, 2024 Triple Point Social Housing REIT plc announced that they will report first half, 2024 results on Sep 13, 2024 Declared Dividend • May 20
Fourth quarter dividend of UK£0.014 announced Dividend of UK£0.014 is the same as last year. Ex-date: 30th May 2024 Payment date: 28th June 2024 Dividend yield will be 9.0%, which is higher than the industry average of 4.5%. Announcement • May 18
Triple Point Social Housing REIT plc Declares Interim Dividend for the Period from 1 January 2024 to 31 March 2024, Payable on or Around 28 June 2024; Provides Dividend Guidance of the Financial Year Ending December 31, 2024 The Board of Directors of Triple Point Social Housing REIT plc has declared an interim dividend in respect of the period from 1 January to 31 March 2024 of 1.365 pence per Ordinary Share, payable on or around 28 June 2024 to holders of Ordinary Shares on the register on 31 May 2024. The ex-dividend date will be 30 May 2024.For the financial year ending 31 December 2024, the company is targeting an aggregate dividend of 5.46 pence per Ordinary Share. New Risk • Apr 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.9% operating cash flow to total debt). Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Major Estimate Revision • Mar 24
Consensus EPS estimates fall by 17%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from UK£41.0m to UK£41.4m. EPS estimate fell from UK£0.105 to UK£0.087 per share. Net income forecast to shrink 1.7% next year vs 0.7% decline forecast for Residential REITs industry in the United Kingdom. Consensus price target of UK£0.65 unchanged from last update. Share price was steady at UK£0.60 over the past week. New Risk • Mar 22
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.9% operating cash flow to total debt). Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Announcement • Mar 19
Triple Point Social Housing REIT plc, Annual General Meeting, May 16, 2024 Triple Point Social Housing REIT plc, Annual General Meeting, May 16, 2024, at 09:00 Coordinated Universal Time. Location: Taylor Wessing LLP,Hill House, 1 Little New Street, London, EC4A 3TR - London United Kingdom Declared Dividend • Mar 11
Fourth quarter dividend of UK£0.014 announced Dividend of UK£0.014 is the same as last year. Ex-date: 14th March 2024 Payment date: 29th March 2024 Dividend yield will be 9.0%, which is higher than the industry average of 4.5%. Reported Earnings • Mar 10
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: UK£0.088 (up from UK£0.062 in FY 2022). Revenue: UK£39.8m (up 6.5% from FY 2022). Net income: UK£35.0m (up 41% from FY 2022). Profit margin: 88% (up from 67% in FY 2022). Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, while revenues in the Residential REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Nov 24
Upcoming dividend of UK£0.014 per share at 8.8% yield Eligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. Trailing yield: 8.8%. Within top quartile of British dividend payers (6.2%). Higher than average of industry peers (4.6%). Announcement • Nov 14
Triple Point Social Housing REIT plc Declares Interim Dividend in Respect of the Period from 1 July to 30 September 2023, Payable on or Around 15 December 2023 Triple Point Social Housing REIT plc has declared an interim dividend in respect of the period from 1 July to 30 September 2023 of 1.365 pence per ordinary share in the capital of the Company, payable on or around 15 December 2023 to holders of such ordinary shares on the register on 1 December 2023. The ex-dividend date will be 30 November 2023. Major Estimate Revision • Sep 26
Consensus EPS estimates fall by 35% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from UK£40.9m to UK£39.8m. EPS estimate also fell from UK£0.102 per share to UK£0.067 per share. Net income forecast to grow 146% next year vs 146% growth forecast for Residential REITs industry in the United Kingdom. Consensus price target of UK£0.45 unchanged from last update. Share price fell 2.8% to UK£0.53 over the past week. Reported Earnings • Sep 13
First half 2023 earnings released: EPS: UK£0.036 (vs UK£0.062 in 1H 2022) First half 2023 results: EPS: UK£0.036 (down from UK£0.062 in 1H 2022). Revenue: UK£19.6m (up 6.9% from 1H 2022). Net income: UK£14.6m (down 41% from 1H 2022). Profit margin: 75% (down from 136% in 1H 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Residential REITs industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Announcement • Sep 07
Triple Point Social Housing REIT plc Declares Interim Dividend for the Period from 1 April 2023 to 30 June 2023, Payable on or Around 29 September 2023 The Board of Directors of Triple Point Social Housing REIT plc has declared an interim dividend in respect of the period from 1 April 2023 to 30 June 2023 of 1.365 pence per Ordinary Share, payable on or around 29 September 2023 to holders of Ordinary Shares on the register on 15 September 2023. The ex-dividend date will be 14 September 2023. Announcement • Sep 03
An unknown buyer acquired Four specialised supported housing properties in UK from Triple Point Social Housing REIT plc (LSE:SOHO) for £7.59 million. An unknown buyer acquired Four specialised supported housing properties in UK fromTriple Point Social Housing REIT plc (LSE:SOHO) for £7.59 million on September 1, 2023. Akur Limited and Stifel Nicolaus Europe Limited acted as financial advisors to Triple point.An unknown buyer completed the acquisition of Four specialised supported housing properties in UK from Triple Point Social Housing REIT plc on September 1, 2023. New Risk • Sep 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. New Risk • Jul 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Upcoming Dividend • Jun 01
Upcoming dividend of UK£0.014 per share at 9.8% yield Eligible shareholders must have bought the stock before 08 June 2023. Payment date: 30 June 2023. Trailing yield: 9.8%. Within top quartile of British dividend payers (5.9%). Higher than average of industry peers (4.9%). Announcement • May 25
Triple Point Social Housing REIT plc Announces Committee Changes The Board of Directors of Triple Point Social Housing REIT plc announced the following changes to the membership and structure of the Board's Committees, effective 23 May 2023: Ian Reeves has been appointed as Chair of the Sustainability Committee and will step down as Chair of the Nomination Committee and as a member of the Management Engagement Committee. Cecily Davis and Tracey Fletcher-Ray have joined the Sustainability Committee. Chris Phillips has been appointed as Chair of the Nomination Committee. Cecily Davis will join the Nomination Committee and Peter Coward will step down from the Nomination Committee. As announced on 20 March 2023, Paul Oliver will resign as a Non-Executive Director of the Board and step down from the Audit, Nomination and Management Engagement Committees with effect from 30 June 2023. Announcement • May 24
Triple Point Social Housing REIT plc Declares Interim Dividend in Respect of the Period from 1 January to 31 March 2023, Payable on or around June 30, 2023; Provides Dividend Guidance of the Financial Year Ending December 31, 2023 The Board of Triple Point Social Housing REIT plc declared an interim dividend in respect of the period from 1 January to 31 March 2023 of 1.365 pence per Ordinary Share, payable on or around 30 June 2023 to holders of Ordinary Shares on the register on 9 June 2023. The ex-dividend date will be 8 June 2023. In respect of the financial year ending 31 December 2023, the Company is targeting an aggregate dividend of 5.46 pence per Ordinary Share1. The Board has decided to keep the target dividend flat in order to preserve dividend cover for the year ending 31 December 2023. Major Estimate Revision • Apr 14
Consensus EPS estimates fall by 17%, revenue upgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from UK£39.1m to UK£40.9m. EPS estimate fell from UK£0.123 to UK£0.102 per share. Net income forecast to grow 65% next year vs 29% decline forecast for Residential REITs industry in the United Kingdom. Consensus price target of UK£0.45 unchanged from last update. Share price fell 2.5% to UK£0.48 over the past week. Upcoming Dividend • Mar 09
Upcoming dividend of UK£0.014 per share at 11% yield Eligible shareholders must have bought the stock before 16 March 2023. Payment date: 31 March 2023. Trailing yield: 11%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (4.5%). Reported Earnings • Mar 04
Full year 2022 earnings: Revenues exceed analyst expectations Full year 2022 results: Revenue: UK£37.4m (up 13% from FY 2021). Net income: UK£24.9m (down 12% from FY 2021). Profit margin: 67% (down from 86% in FY 2021). Net asset value (NAV) per share: UK£1.09 (flat on FY 2021). The current share price is 52% lower than NAV per share. Revenue exceeded analyst estimates by 3.6%. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the REITs industry in the United Kingdom. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director of Triple Point Investment Management LLP Tracey Fletcher-Ray was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 09
First half 2022 earnings released: EPS: UK£0.062 (vs UK£0.026 in 1H 2021) First half 2022 results: EPS: UK£0.062 (up from UK£0.026 in 1H 2021). Revenue: UK£18.3m (up 15% from 1H 2021). Net income: UK£24.9m (up 138% from 1H 2021). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the REITs industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Price Target Changed • Sep 01
Price target decreased to UK£1.05 Down from UK£1.18, the current price target is an average from 3 analysts. New target price is 31% above last closing price of UK£0.80. Stock is down 24% over the past year. The company is forecast to post earnings per share of UK£0.12 for next year compared to UK£0.071 last year. Upcoming Dividend • Jun 02
Upcoming dividend of UK£0.014 per share Eligible shareholders must have bought the stock before 09 June 2022. Payment date: 24 June 2022. Trailing yield: 5.8%. Within top quartile of British dividend payers (4.9%). Higher than average of industry peers (3.3%). Major Estimate Revision • May 05
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from UK£0.11 to UK£0.13. Revenue forecast steady at UK£38.5m. Net income forecast to grow 77% next year vs 19% growth forecast for REITs industry in the United Kingdom. Consensus price target of UK£1.10 unchanged from last update. Share price was steady at UK£0.90 over the past week. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director of Triple Point Investment Management LLP Tracey Fletcher-Ray was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 28
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: UK£0.071 (up from UK£0.068 in FY 2020). Revenue: UK£33.1m (up 14% from FY 2020). Net income: UK£28.4m (up 16% from FY 2020). Profit margin: 86% (in line with FY 2020). Net asset value (NAV) per share: UK£1.08 (up 1.8% from FY 2020). The current share price is 15% lower than NAV per share. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 16% while the reits industry in the United Kingdom is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Tracey Fletcher-Ray was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Tracey Fletcher-Ray was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 09
Upcoming dividend of UK£0.013 per share Eligible shareholders must have bought the stock before 16 September 2021. Payment date: 30 September 2021. Trailing yield: 5.0%. Within top quartile of British dividend payers (3.9%). Higher than average of industry peers (2.6%). Price Target Changed • Sep 09
Price target increased to UK£1.18 Up from UK£1.09, the current price target is an average from 3 analysts. New target price is 13% above last closing price of UK£1.04. Stock is down 3.9% over the past year. Reported Earnings • Sep 05
First half 2021 earnings released: EPS UK£0.026 (vs UK£0.026 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: UK£15.9m (up 19% from 1H 2020). Net income: UK£10.5m (up 17% from 1H 2020). Profit margin: 66% (down from 67% in 1H 2020). Is New 90 Day High Low • Mar 11
New 90-day low: UK£1.05 The company is down 1.0% from its price of UK£1.06 on 10 December 2020. The British market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£1.16 per share. Analyst Estimate Surprise Post Earnings • Mar 07
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 0.9%. Earnings per share (EPS) missed analyst estimates by 6.6%. Over the next year, revenue is forecast to grow 23% compared to a 5.0% decline forecast for the REITs industry in the United Kingdom. Reported Earnings • Mar 07
Full year 2020 earnings released: EPS UK£0.068 (vs UK£0.068 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: UK£28.9m (up 37% from FY 2019). Net income: UK£24.6m (up 3.7% from FY 2019). Profit margin: 85% (down from 112% in FY 2019). Net asset value (NAV) per share: UK£1.06 (flat on FY 2019). The current share price is even with NAV per share. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Nov 05
New 90-day high: UK£1.12 The company is up 6.0% from its price of UK£1.05 on 07 August 2020. The British market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£2.81 per share. Price Target Changed • Nov 05
Price target raised to UK£1.09 Up from UK£1.00, the current price target is an average from 2 analysts. The new target price is close to the current share price of UK£1.09. As of last close, the stock is up 21% over the past year. Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total profits of UK£22.8m, down 4.2% from the prior year. Total revenue was UK£25.1m over the last 12 months, up 56% from the prior year. Note: Net income excluding extraordinary items provided as the company does not report funds from operations. Is New 90 Day High Low • Sep 29
New 90-day high: UK£1.10 The company is up 12% from its price of UK£0.98 on 30 June 2020. The British market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is down 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£4.25 per share. Announcement • Sep 11
Triple Point Social Housing REIT plc (LSE:SOHO) completed the acquisition of 40 supported living properties in United Kingdom from Voyage Care BondCo PLC. Triple Point Social Housing REIT plc (LSE:SOHO) agreed to acquire a portfolio of 40 supported living properties in United Kingdom from Voyage Care BondCo PLC for £27.4 million on September 9, 2019. The purchase consideration includes an initial consideration of £24.5 million and a deferred consideration of up to a maximum of £2.9 million. Sale of 36 properties has been completed, with the sale of the remaining 4 properties expected to complete within 2 months following a consultation process with the current tenants. The proceeds from the sale will be used to reduce Voyage Care BondCo PLC's leverage. The sale is expected to reduce Voyage Care BondCo PLC's earnings before interest, tax, depreciation and amortization by approximately £1.7 million on an annualized basis. Gowling WLG (UK) LLP and DAC Beachcroft LLP acted as legal advisor to Voyage Care BondCo PLC and Triple Point Social Housing REIT.
Triple Point Social Housing REIT plc (LSE:SOHO) completed the acquisition of 40 supported living properties in United Kingdom from Voyage Care BondCo PLC in 2019. Announcement • Sep 08
Triple Point Social Housing REIT plc to Report First Half, 2020 Results on Sep 30, 2020 Triple Point Social Housing REIT plc announced that they will report first half, 2020 results on Sep 30, 2020 Announcement • Aug 07
Triple Point Social Housing REIT plc (LSE:SOHO) acquired 16 properties located in West Midlands, East of England and Yorkshire for £9.6 million. Triple Point Social Housing REIT plc (LSE:SOHO) acquired 16 properties located in West Midlands, East of England and Yorkshire for £9.6 million on August 6, 2020. The properties comprise of 70 individual units in total. The properties are located in the West Midlands (64 units), the East of England (4 units) and Yorkshire (2 units). Tom Frost, Anthony Richardson, Siobhan Sergeant of Akur Limited acted as a financial advisor to Triple Point Social Housing REIT plc (LSE:SOHO). Mark Young and Mark Bloomfield of Stifel Nicolaus Europe Limited acted as a financial advisor to Triple Point Social Housing REIT plc (LSE:SOHO).
Triple Point Social Housing REIT plc (LSE:SOHO) completed the acquisition of 16 properties located in West Midlands, East of England and Yorkshire on August 6, 2020 Announcement • Jul 30
Triple Point Social Housing REIT plc (LSE:SOHO) cancelled the acquisition of three supported living properties in the United Kingdom. Triple Point Social Housing REIT plc (LSE:SOHO) exchanged contracts to acquire three supported living properties in the United Kingdom on May 29, 2019. In a related transaction, Triple Point Social acquired 12 supported housing properties in the United Kingdom and agreed to acquire the land and entered into forward funding arrangements to develop another three supported housing schemes on May 29, 2019. All the deals comprises of 178 units for an aggregate commitment of approximately £39.5 million. Tom Frost, Anthony Richardson and Siobhan Sergeant of Akur Limited and Lucy Lewis, Denis Flanagan and Andrew Zychowski of Canaccord Genuity Limited acted as joint financial advisors for Triple Point Social Housing REIT plc.
Triple Point Social Housing REIT plc (LSE:SOHO) cancelled the acquisition of three supported living properties in the United Kingdom on May 29, 2020. 
