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PRS REIT Plc (GB:PRSR)
LSE:PRSR
UK Market

PRS REIT Plc (PRSR) AI Stock Analysis

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GB

PRS REIT Plc

(LSE:PRSR)

76Outperform
PRS REIT Plc scores well due to strong financial performance with robust cash flows and a solid balance sheet. Positive technical indicators and undervaluation add to its attractiveness. The strategic review and potential acquisition proposals highlight significant corporate developments, suggesting potential for enhanced shareholder value.

PRS REIT Plc (PRSR) vs. S&P 500 (SPY)

PRS REIT Plc Business Overview & Revenue Model

Company DescriptionPRS REIT Plc (PRSR) is a real estate investment trust listed on the London Stock Exchange, specializing in the private rented sector across the United Kingdom. The company focuses on providing high-quality, professionally managed rental homes with an emphasis on building sustainable communities. PRS REIT Plc aims to address the growing demand for affordable rental housing by developing a diverse portfolio of residential properties.
How the Company Makes MoneyPRS REIT Plc generates revenue primarily through rental income from its portfolio of residential properties. The company invests in the acquisition and development of high-quality rental homes, which are then leased to tenants. This rental income serves as a stable and predictable revenue stream. Additionally, the company may benefit from property value appreciation, which can enhance its asset base and provide potential gains upon property sales. PRS REIT Plc also engages in strategic partnerships with developers and builders to efficiently grow its portfolio, thereby maximizing its revenue potential.

PRS REIT Plc Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
58.42M51.35M42.43M26.64M12.95M
Gross Profit
41.43M36.01M29.64M17.09M5.77M
EBIT
-70.78M33.53M27.29M15.11M4.09M
EBITDA
38.30M0.000.000.000.00
Net Income Common Stockholders
93.67M42.45M115.89M44.11M16.41M
Balance SheetCash, Cash Equivalents and Short-Term Investments
18.05M13.20M48.68M86.41M59.30M
Total Assets
1.16B1.05B1.02B873.37M640.08M
Total Debt
415.29M375.19M346.66M355.89M145.24M
Net Debt
-13.87M361.99M297.98M269.48M85.94M
Total Liabilities
433.27M395.28M378.64M383.10M169.16M
Stockholders Equity
731.42M659.72M639.24M490.27M470.92M
Cash FlowFree Cash Flow
35.17M17.70M21.40M5.15M-7.06M
Operating Cash Flow
35.17M17.70M21.40M5.15M-7.06M
Investing Cash Flow
-31.18M-57.71M-81.82M-164.26M-193.77M
Financing Cash Flow
676.00K4.53M22.69M186.22M30.19M

PRS REIT Plc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price115.60
Price Trends
50DMA
111.46
Positive
100DMA
108.24
Positive
200DMA
98.76
Positive
Market Momentum
MACD
0.80
Positive
RSI
59.81
Neutral
STOCH
47.06
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PRSR, the sentiment is Positive. The current price of 115.6 is above the 20-day moving average (MA) of 114.13, above the 50-day MA of 111.46, and above the 200-day MA of 98.76, indicating a bullish trend. The MACD of 0.80 indicates Positive momentum. The RSI at 59.81 is Neutral, neither overbought nor oversold. The STOCH value of 47.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:PRSR.

PRS REIT Plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
£629.44M6.7213.47%2.62%13.78%120.57%
71
Outperform
£9.34B15.455.18%4.08%-9.88%
65
Neutral
£3.69B20.293.17%6.17%-30.83%
GBGPE
64
Neutral
£1.20B-1.38%2.29%-2.73%91.05%
61
Neutral
$4.70B17.65-3.00%11.43%5.99%-19.07%
54
Neutral
£4.08B38.681.61%7.27%-1.73%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:PRSR
PRS REIT Plc
115.00
40.25
53.85%
GB:LAND
Land Securities Group plc REIT
552.50
-44.71
-7.49%
GB:SGRO
Segro plc (REIT)
696.80
-147.16
-17.44%
GB:GPE
Great Portland Estates plc R.E.I.T.
292.50
-16.60
-5.37%
GB:BLND
British Land Company plc
373.60
11.79
3.26%

PRS REIT Plc Corporate Events

Business Operations and StrategyFinancial Disclosures
PRS REIT Reports Strong Interim Results Amid Strategic Review
Positive
Mar 31, 2025

The PRS REIT plc reported strong interim results for the six months ending December 2024, with significant increases in revenue, net rental income, and profit before tax. The company’s portfolio, the largest of its kind in the UK, is nearing completion with 5,437 homes and an estimated rental value of £68.6m per annum. The strategic review and formal sale process are ongoing, with several acquisition proposals received, reflecting the company’s robust market position amid high demand for quality family rental homes.

Business Operations and StrategyRegulatory Filings and Compliance
BlackRock Increases Stake in PRS REIT
Neutral
Mar 28, 2025

The PRS REIT Plc, a UK-based real estate investment trust, has announced a change in its major holdings due to BlackRock, Inc.’s acquisition of voting rights. BlackRock, a global investment management corporation based in the USA, has increased its total voting rights in PRS REIT to 6.28%, crossing the 5% threshold. This change in holdings reflects BlackRock’s strategic interest in the UK real estate sector and may influence PRS REIT’s future strategic decisions and shareholder dynamics.

Business Operations and StrategyRegulatory Filings and Compliance
BlackRock Increases Stake in PRS REIT PLC
Neutral
Mar 17, 2025

The PRS REIT PLC, a UK-based company, has announced a change in its major holdings due to an acquisition or disposal of voting rights by BlackRock, Inc., a major investment management corporation headquartered in the USA. The notification indicates that BlackRock’s total voting rights in PRS REIT have increased to 6.28%, up from a previous 5.89%, reflecting a strategic adjustment in their investment portfolio. This change in holdings may impact PRS REIT’s shareholder dynamics and could influence its market positioning, given BlackRock’s significant influence in the financial sector.

Other
BlackRock Adjusts Voting Rights in PRS REIT Plc
Neutral
Mar 3, 2025

PRS REIT Plc, a UK-based real estate investment trust, focuses on the acquisition and management of residential properties. The company recently announced that BlackRock, Inc. has adjusted its voting rights in PRS REIT, with a slight decrease from 5.90% to 5.89%. This change reflects BlackRock’s ongoing management of its investment portfolio and may influence the company’s shareholder dynamics.

Business Operations and Strategy
BlackRock Adjusts Stake in PRS REIT PLC
Neutral
Feb 27, 2025

The PRS REIT PLC, a UK-based real estate investment trust, announced a change in its major holdings, with BlackRock, Inc. adjusting its voting rights in the company. BlackRock’s total voting rights in PRS REIT increased to 5.9% from a previous 5.36%, reflecting a strategic adjustment in their investment position. This change in holdings could influence PRS REIT’s strategic decisions and impact its market positioning, with potential implications for stakeholders and future company operations.

Business Operations and Strategy
Waverton Adjusts Stake in PRS REIT Plc
Neutral
Feb 14, 2025

Waverton Investment Management Limited has adjusted its voting rights in PRS REIT Plc, reducing its stake from 6.20% to 5.72% as of February 11, 2025. This change in shareholding could impact Waverton’s influence in company decisions and reflects ongoing adjustments in investment strategies by major stakeholders.

M&A TransactionsDividendsBusiness Operations and Strategy
PRS REIT Increases Dividend Amid Strategic Review & Sale Process
Positive
Feb 11, 2025

The PRS REIT plc announced an increased interim quarterly dividend of 1.1 pence per ordinary share, reflecting its continued strong rental and earnings growth. This increase is part of the company’s efforts to provide shareholders with value, with dividends covered by EPRA earnings. In other developments, the company has received several non-binding proposals for acquisition as part of its ongoing Strategic Review and Formal Sale Process. The proposals suggest a premium over the current share price but a discount to the net asset value, with further due diligence expected by the end of Q1 2025. The outcome of these proposals remains uncertain, and the company continues to explore options to maximize shareholder value.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
PRS REIT plc Reports Strong Q2 Performance Amid Strategic Sale Discussions
Positive
Jan 20, 2025

PRS REIT plc reported strong performance in its portfolio for the second quarter of its financial year ending June 2025, driven by favorable market fundamentals such as a shortage of high-quality rental homes in the UK and increasing demand. The company completed 5,437 homes with an estimated rental value of £68.6m per annum. Despite minor fluctuations in site numbers and rental growth, the company’s rent collection remained robust at 99%, and occupancy was at 96%. The board is engaged in discussions concerning a potential sale of the company, aiming to maximize shareholder value.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
PRS REIT plc Announces Strong Q2 Performance Amidst Market Volatility
Positive
Jan 20, 2025

In its second quarter update, PRS REIT plc reported continued strong portfolio performance despite market volatility, driven by a high demand for quality rental homes in the UK. The company completed 5,437 homes with an estimated rental value of £68.6m per annum and maintained a 99% rent collection rate. The board is also exploring a potential sale of the company, aiming to maximize shareholder value, with further updates expected in Q1 2025.

Business Operations and StrategyFinancial Disclosures
The PRS REIT Reports Robust Portfolio Growth Amid Strategic Review
Positive
Jan 20, 2025

The PRS REIT plc reported strong portfolio performance in the second quarter of its financial year, with a stable market outlook supporting its investment strategy in the UK’s private rented sector. Despite some market volatility, demand for high-quality rental homes remains robust due to a shortage of supply, which is reflected in the company’s trading performance. The trust’s portfolio reached 5,437 completed homes with a 99% rent collection rate and 96% physical occupancy. The Board is also considering strategic options, including a potential sale, to maximize shareholder value.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.