Target Healthcare REIT Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Kenneth MacKenzie

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	14.3yrs
Board average tenure	2.3yrs

Recent management updates

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

CEO

Kenneth MacKenzie (73 yo)

no data

Tenure

Mr. Kenneth Macangus MacKenzie, MA, CA serves as Founder & Chief Executive of Target Fund Managers Limited, the Investment Manager of Target Healthcare REIT plc. Mr. MacKenzie founded the Target Advisers L...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kenneth MacKenzie	Founder & Chief Executive of Target Fund Managers Limited	no data	no data	no data
Gordon Bland	Finance Director of Target Fund Managers Limited	no data	no data	no data
John Flannelly	Head of Investment - Target Fund Managers Limited	14.3yrs	no data	no data
Andrew Brown	Head of Healthcare - Target Fund Managers Limited	14.3yrs	no data	no data
Scott Steven	Head of Asset Management - Target Fund Managers Limited	6.3yrs	no data	no data
Donald Cameron	Company Secretary & Director of Financial Reporting - Target Fund Managers Limited	no data	no data	no data

14.3yrs

Average Tenure

Experienced Management: THRL's management team is seasoned and experienced (14.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Richard Cotton	Senior Independent Director	1.5yrs	UK£26.00k	0.0048% £ 23.6k
Michael Brodtman	Independent Non-Executive Director	1.3yrs	UK£19.50k	0.0039% £ 19.0k
James Niblett	Independent Non-Executive Director	2.8yrs	UK£45.50k	0.0039% £ 18.9k
Alison Fyfe	Independent Chairman of the Board	4yrs	UK£47.60k	0.0016% £ 7.8k
Amanda Thompsell	Independent Non-Executive Director	2.3yrs	UK£39.00k	no data

2.3yrs

Average Tenure

64yo

Average Age

Experienced Board: THRL's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Target Healthcare REIT Management

Management criteria checks 1/4

Key information

Recent management updates

High number of new and inexperienced directors

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

Target Healthcare REIT plc Announces Board Changes

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

Recent updates

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

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age