Harworth Group (LON:HWG) Announces Quarterly Earnings Results

Harworth Group (LON:HWG) issued its earnings results on Tuesday. The company reported GBX 17.70 ($0.23) EPS for the quarter, Digital Look Earnings reports. Harworth Group had a return on equity of 7.75% and a net margin of 52.25%.

Harworth Group Price Performance

Shares of Harworth Group stock traded up GBX 0.50 ($0.01) during trading on Thursday, reaching GBX 171 ($2.22). The company’s stock had a trading volume of 30,548 shares, compared to its average volume of 188,133. The stock has a 50-day moving average price of GBX 165.02 and a two-hundred day moving average price of GBX 171.53. The company has a current ratio of 2.59, a quick ratio of 1.13 and a debt-to-equity ratio of 13.88. The stock has a market capitalization of £562.97 million, a P/E ratio of 11.27 and a beta of 0.74. Harworth Group has a one year low of GBX 125 ($1.63) and a one year high of GBX 195 ($2.54).

Harworth Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th will be issued a dividend of GBX 1.13 ($0.01) per share. The ex-dividend date is Thursday, April 24th. This is a boost from Harworth Group’s previous dividend of $0.49. This represents a dividend yield of 0.65%. Harworth Group’s dividend payout ratio (DPR) is presently 13.18%.

Insider Buying and Selling

In other Harworth Group news, insider Lynda Shillaw acquired 17,291 shares of the business’s stock in a transaction dated Tuesday, March 18th. The shares were acquired at an average price of GBX 174 ($2.26) per share, for a total transaction of £30,086.34 ($39,139.25). Insiders bought a total of 17,473 shares of company stock worth $3,038,573 over the last three months. 53.39% of the stock is currently owned by company insiders.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments.