RESIResidential Secure IncomeRESI info
$0.70info0.38%24h
Global rank19802
Market cap$130.52M
Change 7d1.52%
YTD Performance-8.56%
SP500 benchmarkUnderperform
P/E-5.64
P/S-4.78
Revenue-$27.33M
Earnings-$30.56M
Dividend yield-
Main Sector
Real Estate

Residential Secure Income (RESI) Stock Overview

Residential Secure Income plc is a real estate investment trust (REIT) focused on delivering secure, inflation-linked returns with a focus on two resident sub-sectors in UK residential - independent retirement rentals and shared ownership - underpinned by an ageing demographic and untapped and strong demand for affordable home ownership. As of 31 March 2023, including committed acquisitions, ReSI plc portfolio comprises 3,298 properties, with an (unaudited) IFRS fair value of 355mn pound. ReSI plc purpose is to deliver affordable, high-quality, safe homes with great customer service and long-term stability of tenure for residents. We achieve this through meeting demand from housing developers, housing associations, local authorities, and private developers for long-term investment partners to accelerate the development of socially and economically beneficial affordable housing. ReSI plc subsidiary, ReSI Housing Limited, is registered as a for-profit Registered Provider of social housing, and so provides a unique proposition to its housing developer partners, being a long-term private sector landlord within the social housing regulatory environment. As a Registered Provider, ReSI Housing can acquire affordable housing subject to s106 planning restrictions and housing funded by government grant.

RESI Stock Information

Symbol
RESI
Address
The PavilionsBristol, BS13 8FDUnited Kingdom
Founded
-
Trading hours
8:00 AM - 4:30 PM GMT
Website
https://greshamhouse.com/real-assets/real-estate-investment/residential-secure-income-plc/
Country
🇬🇧 United Kingdom
Phone Number
44 20 7382 0900

Residential Secure Income (RESI) Price Chart

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Value:-

Residential Secure Income Overview: Key Details and Summary

Stock data
2023
Change
Price
$0.7048853571287143
N/A
Market Cap
$130.52M
N/A
Shares Outstanding
185.16M
2.78%
Employees
0
N/A
Shareholder Equity
168.68M
-16.24%
Valuation
2023
Change
P/E Ratio
-5.64
N/A
P/S Ratio
-4.78
N/A
P/B Ratio
0.77
N/A
Growth
2023
Change
Return on Equity
-0.1812
N/A
Earnings
2023
Change
Revenue
-$27.33M
N/A
Earnings
-$30.56M
N/A
EPS
-0.125
N/A
Earnings Yield
-0.1773
N/A
Net income margin
1.12
N/A
Financial Strength
2023
Change
Cash on Hand
$4.25M
N/A
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