Stock quote - Summary

RDI: 123.10 +1.90 ( +1.57 %) delayed: 12:31PM
Bid price 122.80 High price 124.44
Ask price 123.40 Low price 120.80
Open price 120.96 Spread 0.49%
Prev close 121.20 Volume 440,242

RDI REIT - Share price charts

Historic - 6 months

Advanced RDI REIT charts >

RDI REIT - Share price information
Activities RDI REIT plc (formerly Redefine International plc, formerly Wichford plc) is a UK Real Estate Investment Trust (UK-REIT) committed to becoming the UK's leading income focused REIT. The Company's income-led business model and strategic priorities are designed to offer shareholders superior, sustainable and growing income returns, with a target growth in underlying earnings per share of 3%-5% across the medium term. Income sustainability is underpinned by a diversified portfolio and tenant base, with no overreliance on any one sector or tenant, together with an efficient capital structure. The secure and growing income stream is 27.0% indexed and has a WAULT of 7.0 years to first break (8.4 years to expiry). This is complemented by an average debt maturity of 6.7 years of which over 95% of interest costs are either fixed or capped. The Company is focused on all aspects impacting shareholder distributions and reports one of the lowest cost ratios in the industry whilst maintaining a low cost of debt. The Company owns properties independently valued at £1.6bn in the United Kingdom and Germany, Europe's two largest, liquid and transparent property markets. RDI invests in assets with strong property fundamentals spread across UK offices (including London serviced offices), UK logistics, UK shopping centres, UK retail parks, UK hotels and German retail. ISIN IM00BH3JLY32
Latest Share Price (p) 123.10 Net Gearing (%) 45.58
Market Capitalisation (pm) 452.31 Gross Gearing (%) 49.06
Shares in issue (m) 380.09 Debt Ratio 48.01
P/E Ratio -91.54 Debt-to-Equity Ratio 0.96
Total dividends per share (p) 2.70 Assets / Equity Ratio 1.96
Dividend Yield (%) 5.67 Price to book value 0.52
Dividend Cover 0.00 ROCE (%) 5.87
Earning per share (p) -1.30 EPS Growth (%) 27.03
52-week high / low (p) 166.00 / 27.70 DPS Growth (%) 3.85
RDI REIT - Broker views
Date Broker Recommendation Price Old target price New target price Notes
15 Oct Peel Hunt Add 120.00 - Reiterates
07 Oct Peel Hunt Add 120.00 - Reiterates
03 Oct Berenberg Buy 140.00 - Upgrades
01 Oct Peel Hunt Add 120.00 - Reiterates
18 Sep Peel Hunt Add 120.00 - Reiterates

More RDI REIT broker views >

RDI REIT - Director deals
Date Director Type Volume / Price Trade value
24 Jul 2019 Marc Wainer Transfer In 27,723 @ 111.80p £30,994.31
26 Apr 2019 Mike Watters Buy 16,000 @ 128.34p £20,533.76
25 Jun 2018 Bernard Nackan Script Issue 669 @ 35.40p £236.83
25 Jun 2018 Adrian Horsburgh Script Issue 1,989 @ 35.40p £704.11
18 Jan 2018 Donald Grant Buy 25,000 @ 35.95p £8,987.50

More RDI REIT director deals >

Risk warning: Remember the price of shares can go down as well as up, and you are not guaranteed to get back the amount that you originally invested.
Click here to read the full warning.