Added to YB: 2025-08-13
Pitch date: 2025-08-08
PRSR.L [neutral]
The PRS REIT plc
+11.05%
current return
Author Info
No bio for this author
Company Info
The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector ("PRS") and to provide shareholders with an attractive level of income together with the potential for capital and income growth.
Market Cap
GBP 622.9M
Pitch Price
GBP 1.02
Price Target
1.40 (+23%)
Dividend
3.88%
EV/EBITDA
N/A
P/E
8.09
EV/Sales
15.48
Sector
Residential REITs
Category
dividend
Theodosian Capital | Stocks Update 8/8/2025 - PRSR – Q4 dividend in line
PRSR.L (holding update): Q4 dividend at 1.1p, fully covered by earnings. LFL rents +9.6% y/y. Potential for 1.2p quarterly dividends in FY2026. Will likely pay off 8.05% Barclays facility next month using £18.7m cash. Sales process disappointing with only one bid at 115p vs 139.6p NAV. 5.5% running yield attractive; would sell near NAV.
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