Strawberry Fields REIT (STRW) Projected to Post Earnings on Tuesday

Strawberry Fields REIT (NYSEAMERICAN:STRW) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, March 18th. Analysts expect the company to announce earnings of $0.29 per share for the quarter.

Strawberry Fields REIT Price Performance

STRW stock opened at $12.56 on Friday. The stock has a market cap of $93.95 million, a PE ratio of 24.63, a P/E/G ratio of 1.10 and a beta of 0.51. The stock has a 50 day moving average price of $11.35. Strawberry Fields REIT has a one year low of $6.56 and a one year high of $12.90.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on STRW shares. Wedbush started coverage on shares of Strawberry Fields REIT in a research report on Monday, January 6th. They set an “outperform” rating and a $12.00 price objective for the company. Lake Street Capital started coverage on shares of Strawberry Fields REIT in a research report on Wednesday, January 8th. They set a “buy” rating and a $13.50 price objective for the company. Janney Montgomery Scott started coverage on shares of Strawberry Fields REIT in a research report on Wednesday, December 18th. They set a “buy” rating and a $12.50 price objective for the company. Finally, Compass Point started coverage on shares of Strawberry Fields REIT in a research report on Thursday, January 16th. They set a “buy” rating and a $14.00 price objective for the company.

Insiders Place Their Bets

In other news, Director Michael Blisko bought 9,800 shares of the firm’s stock in a transaction on Thursday, December 19th. The stock was purchased at an average price of $10.25 per share, for a total transaction of $100,450.00. Following the transaction, the director now owns 224,680 shares in the company, valued at approximately $2,302,970. This trade represents a 4.56 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 10.60% of the stock is owned by insiders.

About Strawberry Fields REIT

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.