Insider Buying: Safestore Holdings Plc (LON:SAFE) Insider Buys 65,000 Shares of Stock

Safestore Holdings Plc (LON:SAFE - Get Free Report) insider Frederic Vecchioli bought 65,000 shares of Safestore stock in a transaction that occurred on Tuesday, April 8th. The stock was purchased at an average price of GBX 553 ($7.07) per share, for a total transaction of £359,450 ($459,302.33).

Safestore Stock Performance

Safestore stock opened at GBX 552.50 ($7.06) on Wednesday. The company has a market cap of £1.20 billion, a price-to-earnings ratio of 4.55, a price-to-earnings-growth ratio of 2.05 and a beta of 0.86. Safestore Holdings Plc has a 12 month low of GBX 530 ($6.77) and a 12 month high of GBX 930 ($11.88). The company has a debt-to-equity ratio of 41.53, a current ratio of 0.89 and a quick ratio of 0.90. The stock's 50-day moving average is GBX 600.46 and its 200-day moving average is GBX 697.18.

Safestore (LON:SAFE - Get Free Report) last posted its quarterly earnings results on Thursday, January 16th. The company reported GBX 92.40 ($1.18) EPS for the quarter. Safestore had a net margin of 118.32% and a return on equity of 12.38%. Equities analysts anticipate that Safestore Holdings Plc will post 42.6926692 earnings per share for the current year.

Safestore Increases Dividend




The business also recently announced a dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Thursday, March 13th will be paid a GBX 20.40 ($0.26) dividend. The ex-dividend date of this dividend is Thursday, March 13th. This represents a dividend yield of 3.42%. This is a positive change from Safestore's previous dividend of $10.00. Safestore's dividend payout ratio (DPR) is 24.73%.

Safestore Company Profile

(Get Free Report)

Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium.

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