Spear Reit Limited (JSE:SEA)

Market Cap	2.54B
Revenue (ttm)	631.12M
Net Income (ttm)	363.86M
Shares Out	267.31M
EPS (ttm)	1.48
PE Ratio	6.42
Forward PE	n/a
Dividend	0.80 (8.30%)
Ex-Dividend Date	Nov 13, 2024

Volume	32,351
Average Volume	74,137
Open	965.00
Previous Close	964.00
Day's Range	965.00 - 985.00
52-Week Range	750.00 - 1,035.00
Beta	0.35
RSI	51.10
Earnings Date	Feb 27, 2025

About Spear Reit

Spear REIT Limited listed as a Real Estate Investment Trust (“REIT”) on the AltX of the Johannesburg Stock Exchange (“JSE”) on 11 November 2016. Its main business is investing in high-quality income-generating real estate across all sectors within the Western Cape, predominantly in the Cape Town region. The company successfully moved to the JSE Main Board on 22 May 2017. The company conducts its business directly and through a number of subsidiaries, collectively referred to as the “group”. The company’s property and asset management functions ...

• Industry: REIT - Diversified
• Sector: Real Estate
• CEO: Quintin Rossi
• Employees: 30
• Stock Exchange: Johannesburg Stock Exchange
• Ticker Symbol: SEA

Financial Performance

In 2023, Spear Reit's revenue was 615.89 million, an increase of 6.16% compared to the previous year's 580.15 million. Earnings were 362.74 million, an increase of 99.08%.