Prime US REIT

OXMU.SI : Singapore Exchange

0.174

-1.14%

Share Price in USD. As of 24 Oct 11:24:43 SGT

All

Chart

Key stats

Prime US REIT’s share price has increased by 84.0% over the past 1 year. It has outperformed the Singapore stock market during this period.

Share Price Performance
  • 52 Week Range

    $0.079 - 0.241

  • Price vs 5-year high/low

    Not close

  • OXMU.SI Market
    1 Month -7.9% 0.0%
    YTD -21.9% 12.2%
    1 Year 84.0% 17.5%
    5 Year -80.3% 14.4%
Valuation
Financial
Dividend

Recently happened to Prime US REIT

US: Stocks steady ahead of Fed minutes

09 Oct 2024 • News

View more
Prime US REIT has announced 1Q2024 financial update.

Earnings

View earnings highlights
Beansprout Analysis

Beansprout's Checklist

Fundamental
  • Occupancy Rate of 80.9% is lower than sector average of 88.3%

  • Net property income yield of 6.68% is higher than its dividend yield of 0%

Financial
  • Gearing Ratio of 0.48x is higher than sector average of 0.45x

  • Interest Coverage Ratio of 2.9x is above 2.5x

  • Net Book Value of $0.60 is lower than its net book value of $0.75 in the previous year

Valuation
  • No Dividend Yield data available

  • Distribution per unit growth is -58.63%

  • Price to Book of 0.31x is lower than sector average of 0.53x


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Revenue Breakdown by Asset

Revenue Breakdown by Geography

Market Analysis

Consensus Share Price Target

Prime US REIT’s price target is $0.239, according to consensus estimates as of 24 Oct 2024. Prime US REIT’s with a price target of $0.239 and current price of $0.174, has an upside potential of 37.4%.

Price Target: $0.239

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 24 Oct 2024

Analyst Ratings

  • DBS Research

    23 Feb 2024

    Hold

    (prev Buy)

    0.070

  • Phillip Securities

    13 May 2024

    Add

    (prev Buy)

    0.120

    (prev 0.300)

  • RHB Invest

    21 May 2024

    Buy

    0.230

  • UOB Kay Hian

    11 Mar 2024

    Buy

    0.450

Analyst Reports

Valuation
Earnings
Financials
News
Profile

Company Description

Listed on 19 July 2019 on the Main Board of the Singapore Exchange, Prime US REIT (“PRIME”) is a well diversified real estate investment trust ("REIT") focused on stabilised income-producing prime office assets in the United States ("U.S."). With the objectives to achieve long-term growth in distributions per unit and net asset value per unit while maintaining a robust capital structure, PRIME offers investors unique exposure to a high-quality portfolio of 14 Class A freehold office properties, strategically-located in 13 key U.S. office markets, with a portfolio carrying value of about US$1.66 billion.