Target Healthcare REIT Future Growth

Future criteria checks 2/6

Target Healthcare REIT is forecast to grow earnings and revenue by 7.7% and 4.1% per annum respectively while EPS is expected to grow by 5.7% per annum.

Key information

7.7%

Earnings growth rate

5.7%

EPS growth rate

Health Care REITs earnings growth	33.1%
Revenue growth rate	4.1%
Future return on equity	n/a
Analyst coverage	Low
Last updated	07 Aug 2024

Recent future growth updates

Target Healthcare REIT PLC Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Oct 16

Recent updates

Target Healthcare REIT PLC Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Oct 16

What Type Of Shareholders Own The Most Number of Target Healthcare REIT PLC (LON:THRL) Shares?

Mar 16

Target Healthcare REIT PLC (LON:THRL) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?

Jan 22

Earnings and Revenue Growth Forecasts

LSE:THRL - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	75	71	N/A	52	3
6/30/2025	73	70	N/A	50	3
6/30/2024	70	63	N/A	52	3
12/31/2023	68	58	37	37	N/A
9/30/2023	68	26	33	33	N/A
6/30/2023	68	-7	30	30	N/A
3/31/2023	70	-5	37	37	N/A
12/31/2022	71	-4	45	45	N/A
9/30/2022	68	23	38	38	N/A
6/30/2022	64	49	30	30	N/A
3/31/2022	58	48	22	22	N/A
12/31/2021	52	47	13	13	N/A
9/30/2021	51	45	19	19	N/A
6/30/2021	50	44	25	25	N/A
3/31/2021	49	37	31	31	N/A
12/31/2020	48	31	37	37	N/A
9/30/2020	46	31	29	29	N/A
6/30/2020	44	32	21	21	N/A
3/31/2020	42	32	15	15	N/A
12/31/2019	39	31	8	8	N/A
9/30/2019	37	31	13	13	N/A
6/30/2019	34	30	18	18	N/A
3/31/2019	32	29	15	15	N/A
12/31/2018	31	28	12	12	N/A
9/30/2018	30	28	17	17	N/A
6/30/2018	28	28	22	22	N/A
3/31/2018	27	25	19	19	N/A
12/31/2017	26	22	16	16	N/A
9/30/2017	25	21	N/A	9	N/A
6/30/2017	23	19	N/A	3	N/A
3/31/2017	21	17	N/A	6	N/A
12/31/2016	20	14	N/A	9	N/A
9/30/2016	18	13	N/A	9	N/A
6/30/2016	17	12	N/A	9	N/A
3/31/2016	16	13	N/A	8	N/A
12/31/2015	15	15	N/A	8	N/A
9/30/2015	14	12	N/A	8	N/A
6/30/2015	14	10	N/A	8	N/A
12/31/2014	9	3	N/A	7	N/A
9/30/2014	7	2	N/A	5	N/A
6/30/2014	4	1	N/A	3	N/A
12/31/2013	3	-1	N/A	3	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: THRL's forecast earnings growth (7.7% per year) is above the savings rate (1.9%).

Earnings vs Market: THRL's earnings (7.7% per year) are forecast to grow slower than the UK market (14.3% per year).

High Growth Earnings: THRL's earnings are forecast to grow, but not significantly.

Revenue vs Market: THRL's revenue (4.1% per year) is forecast to grow faster than the UK market (3.7% per year).

High Growth Revenue: THRL's revenue (4.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

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

Target Healthcare REIT Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased to UK£0.97

Price target decreased to UK£0.97

Consensus forecasts updated

Target Healthcare REIT PLC Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Price target decreased to UK£1.09

Price target decreased to UK£1.21

Recent updates

Dividend of UK£0.014 announced

Target Healthcare REIT PLC Declares Fourth Interim Dividend for the Period from 1 April 2024 to 30 June, Payable on 30 August 2024

Now 19% overvalued

An undisclosed buyer acquired Four UK care homes from Target Healthcare REIT PLC (LSE:THRL) for £44.5 million.

Now 22% overvalued

Now 22% overvalued

Now 20% overvalued after recent price rise

Now 20% overvalued after recent price rise

Dividend of UK£0.014 announced

Target Healthcare REIT PLC Declares Third Interim Dividend for the Period from 1 January 2024 to 31 March 2024, Payable on 31 May 2024

First half 2024 earnings released: EPS: UK£0.05 (vs UK£0.055 loss in 1H 2023)

Target Healthcare REIT PLC to Report First Half, 2024 Results on Mar 12, 2024

Fourth quarter dividend of UK£0.014 announced

Target Healthcare Reit plc Declares Second Interim Dividend for the Period from 1 October 2023 to 31 December 2023, Payable on 23 February 2024

Now 20% undervalued

Now 20% undervalued

Now 21% undervalued

Now 20% undervalued

Target Healthcare REIT PLC Declares First Interim Dividend for the Period from 1 July 2023 to 30 September 2023, Payable on 24 November 2023

Full year 2023 earnings: EPS misses analyst expectations

Target Healthcare REIT PLC to Report Fiscal Year 2023 Results on Oct 10, 2023

Target Healthcare REIT PLC Declares Fourth Interim Dividend for the Year Ended 30 June 2023, Payable on August 25, 2023

Target Healthcare REIT PLC Declares Third Interim Dividend for the Year Ending 30 June 2023, Payable on 26 May 2023

First half 2023 earnings released: UK£0.055 loss per share (vs UK£0.032 profit in 1H 2022)

Now 21% undervalued after recent price drop

Target Healthcare REIT PLC Announces Second Interim Dividend for the Year Ending 30 June 2023, Payable on 24 February 2023

High number of new and inexperienced directors

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

High number of new and inexperienced directors

Target Healthcare REIT PLC Appoints Michael Brodtman as an Independent Non-Executive Director, Effective 1 January 2023

Target Healthcare REIT PLC, Annual General Meeting, Dec 06, 2022

Now 21% undervalued after recent price drop

Price target decreased to UK£0.97

Target Healthcare REIT PLC Announces First Interim Dividend for the Period ended September 30, 2022, Payable on 25 November 2022

Price target decreased to UK£0.97

Consensus forecasts updated

Target Healthcare REIT PLC Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Target Healthcare REIT plc Announces Board Changes

Price target decreased to UK£1.09

Price target decreased to UK£1.21

Target Healthcare REIT PLC Declares Fourth Interim Dividend for the Year Ended 30 June 2022, Payable on August 26, 2022

Target Healthcare REIT PLC Declares Third Interim Dividend for the Year Ending 30 June 2022, payable on 27 May 2022

Consensus EPS estimates fall by 17%

First half 2022 earnings: EPS exceeds analyst expectations

Upcoming dividend of UK£0.017 per share

Target Healthcare REIT PLC Announces Appointment of Amanda Thompsell as an Independent Non-Executive Director

Target Healthcare REIT PLC (LSE:THRL) acquired Portfolio of 18 operational modern care homes in Weymouth.

Full year 2021 earnings released: EPS UK£0.092 (vs UK£0.072 in FY 2020)

Target Healthcare REIT PLC has completed a Follow-on Equity Offering in the amount of £125 million.

Price target decreased to UK£1.30

Target Healthcare REIT PLC (LSE:THRL) acquired Luxury Care Home in Scotland and a Development site in Buckinghamshire for £33 million.

Upcoming dividend of UK£0.017 per share

Target Healthcare REIT PLC Declares Third Interim Dividend for the Year Ending 30 June 2021, Payable on 28 May 2021

First half 2021 earnings released: EPS UK£0.035 (vs UK£0.039 in 1H 2020)

What Type Of Shareholders Own The Most Number of Target Healthcare REIT PLC (LON:THRL) Shares?

Price target lowered to UK£1.30

New 90-day low: UK£1.11

Target Healthcare REIT PLC has completed a Follow-on Equity Offering in the amount of £60 million.

Target Healthcare REIT PLC (LSE:THRL) acquired Development site in Droitwich Spa.

New 90-day high: UK£1.17

Target Healthcare REIT PLC (LON:THRL) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?

New 90-day high: UK£1.15

Full year earnings released

Target Healthcare REIT PLC to Report Fiscal Year 2020 Results on Oct 06, 2020

New 90-day low: UK£1.05

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts