Strawberry Fields REIT (NYSEAMERICAN:STRW) Stock Price Down 0.7% – Time to Sell?

Shares of Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRWGet Free Report) dropped 0.7% during trading on Wednesday . The company traded as low as $12.90 and last traded at $12.90. Approximately 32,121 shares traded hands during trading, a decline of 10% from the average daily volume of 35,739 shares. The stock had previously closed at $12.99.

Strawberry Fields REIT Trading Down 0.7%

The company has a market capitalization of $169.25 million, a price-to-earnings ratio of 20.81, a PEG ratio of 1.25 and a beta of 0.38. The company has a fifty day moving average of $12.26 and a 200-day moving average of $11.55.

Strawberry Fields REIT (NYSEAMERICAN:STRWGet Free Report) last announced its earnings results on Thursday, November 6th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.18). The firm had revenue of $39.71 million for the quarter, compared to analyst estimates of $38.41 million. Strawberry Fields REIT had a net margin of 4.83% and a return on equity of 9.37%. As a group, equities research analysts expect that Strawberry Fields REIT, Inc. will post 1.12 EPS for the current year.

Strawberry Fields REIT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 16th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend is Tuesday, December 16th. Strawberry Fields REIT’s payout ratio is 125.49%.

About Strawberry Fields REIT

(Get Free Report)

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas. The 109 healthcare facilities comprise 99 skilled nursing facilities, eight assisted living facilities, and two long-term acute care hospitals.

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