Residential Secure Income (RESI)

Sector:

Property Investment Trusts

Index:

FTSE Small Cap

58.00p
   
  • Change Today:
    -0.20p
  • 52 Week High: 61.60p
  • 52 Week Low: 51.40p
  • Currency: UK Pounds
  • Shares Issued: 184.91m
  • Volume: 175,467
  • Market Cap: £107.25m
  • RiskGrade: 92

Berenberg slightly raises target price on Residential Secure Income

By Iain Gilbert

Date: Wednesday 09 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Analysts at Berenberg slightly raised their target price on real estate investment trust Residential Secure Income from 100.0p to 110.0p on Wednesday, stating it was "optimistic" on the group's shared ownership pipeline.
Last week, Residential Secure Income finalised its £15.0m capital raise to part-fund £39.0m-worth of shared ownership assets, encompassing 272 completed homes in southern England.

Berenberg noted that the majority of units will be income-generating on acquisition, reflecting an average net initial yield of 3.5% - accretive to the company's current shared ownership portfolio yield of 3.0%.

"We view this, as well as the company's resumption of acquisition activities more generally, including the outlined pipeline of £145.0m in shared ownership acquisitions, as positive," said the German bank.

However, while Berenberg thinks scope for shared ownership acquisitions remains to grow earnings per share and EPRA net tangible assets per share, it noted the firm has been slow to deploy capital in recent times.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

RESI Market Data

Currency UK Pounds
Share Price 58.00p
Change Today -0.20p
% Change -0.34 %
52 Week High 61.60p
52 Week Low 51.40p
Volume 175,467
Shares Issued 184.91m
Market Cap £107.25m
RiskGrade 92

RESI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
25.63% above the market average25.63% above the market average25.63% above the market average25.63% above the market average25.63% above the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Price Trend
0.96% below the market average0.96% below the market average0.96% below the market average0.96% below the market average0.96% below the market average
3.70% above the sector average3.70% above the sector average3.70% above the sector average3.70% above the sector average3.70% above the sector average
Income Not Available
Growth
49.92% below the market average49.92% below the market average49.92% below the market average49.92% below the market average49.92% below the market average
64.29% below the sector average64.29% below the sector average64.29% below the sector average64.29% below the sector average64.29% below the sector average

RESI Dividends

  Latest Previous
  3rd Interim 2nd Interim
Ex-Div 07-Aug-25 26-Jun-25
Paid 05-Sep-25 25-Jul-25
Amount 1.03p 1.03p

Trades for 29-Aug-2025

Time Volume / Share Price
16:35 13,294 @ 58.00p
16:35 944 @ 58.00p
16:35 1,139 @ 58.00p
16:35 638 @ 58.00p
16:35 1,523 @ 58.00p

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