Prime US REIT

OXMU.SI : Singapore Exchange

0.120

0.00%

Share Price in USD. As of 29 May 09:25:42 SGT

Chart

Key stats

  • 52-Week High
    $0.241
  • 52-Week Low
    $0.079
  • Market Cap
    $157M
  • Avg Volume
    4.8M
  • P/E Ratio (TTM)
    -
  • Forward Dividend Yield
    16.67%

Share Price Performance

OXMU.SI
Market
1 Day 0.00% 0.13%
5 Day -3.23% 0.26%
1 Month 6.19% 1.50%
6 Month -13.16% 8.00%
YTD -46.12% 3.14%
1 Year -27.47% -1.26%
5 Year -86.18% 0.93%
Include dividend return

All

Market Analysis

Consensus Share Price Target

Price Target: $0.234

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 29 May 2024

Analyst Ratings

  • DBS Research

    10 Aug 2023

    Hold

    (prev Buy)

    0.180

    (prev 0.330)

  • Phillip Securities

    19 Nov 2023

    Buy

    0.370

    (prev 0.390)

  • RHB Invest

    08 Nov 2023

    Buy

    0.350

    (prev 0.400)

  • UOB Kay Hian

    11 Aug 2023

    Buy

    0.590

    (prev 0.610)

Analyst Reports

Beansprout Insights

Beansprout's Checklist

  • Fundamental

    Occupancy Rate of 84.70% is lower than sector average of 90.05%

  • Financial

    Gearing Ratio of 48.10% is higher than sector average of 45.92%

  • Valuation

    Dividend Yield of 16.67% is lower than sector average of 25.55%

Revenue Breakdown by Asset

Revenue Breakdown by Geography

Valuation

Price to book (P/B) ratio

Current P/B
0.2
Historical Average P/B
0.7

Prime US REIT's current P/B ratio of 0.2x is lower than its historical average P/B ratio of 0.7x.

Earnings

Earnings per share (EPS)

The latest earnings per share is -$0.08, which is lower than the earnings per share of -$0.02 in 2022.

Financials

Financial Statements

21 Feb 2024

Full Yearly Results

For period ending 31 Dec 2023

08 Aug 2023

Half Yearly Results

For period ending 30 Jun 2023

Annual Reports

10 Apr 2024

Annual Report

For period ending 31 Dec 2023

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.

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