Harworth Group (LON:HWG) Posts Earnings Results

Harworth Group (LON:HWG) announced its quarterly earnings data on Tuesday. The company reported GBX 17.70 ($0.23) earnings per share (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 Trading Down 0.2 %

Shares of LON:HWG traded down GBX 0.31 ($0.00) during midday trading on Thursday, reaching GBX 170.19 ($2.21). The company’s stock had a trading volume of 32,603 shares, compared to its average volume of 188,170. The firm has a market capitalization of £560.29 million, a price-to-earnings ratio of 11.22 and a beta of 0.74. The company has a debt-to-equity ratio of 13.88, a quick ratio of 1.13 and a current ratio of 2.59. The firm has a 50 day moving average price of GBX 165.02 and a two-hundred day moving average price of GBX 171.53. Harworth Group has a fifty-two week low of GBX 125 ($1.63) and a fifty-two week high of GBX 195 ($2.54).

Harworth Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 24th will be paid a GBX 1.13 ($0.01) dividend. This represents a dividend yield of 0.65%. This is an increase from Harworth Group’s previous dividend of $0.49. The ex-dividend date of this dividend is Thursday, April 24th. Harworth Group’s payout ratio is currently 13.18%.

Insider Activity

In other news, insider Lynda Shillaw bought 17,291 shares of Harworth Group stock in a transaction dated Tuesday, March 18th. The stock was bought at an average cost of GBX 174 ($2.26) per share, for a total transaction of £30,086.34 ($39,139.25). Insiders have acquired 17,473 shares of company stock valued at $3,038,573 in the last ninety days. 53.39% of the stock is owned by company insiders.

Harworth Group Company Profile

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.