Civitas Social Housing

Civitas Social Housing (LSE: CSH)

Currency in GBP

Last close As at 22/09/2023

GBP0.80

▲ 0.20 (0.25%)

Market capitalisation

GBP497m

Overview
Price performance
Financials
Research
Thematics

Civitas Social Housing (CSH) invests across the UK in care-based community housing and healthcare facilities, particularly specialised supported housing, for the benefit of working age adults with long-term care needs. Its investment objective is to provide an attractive level of income with the potential for capital growth.

Latest Insights

Real Estate |
Update

27.05.22

Civitas Social Housing — Initiatives to underpin consistent performance

Real Estate |
Update

17.02.22

Civitas Social Housing — Focusing on the positive drivers

Real Estate |
Update

01.02.22

Civitas Social Housing — Focus returning to positive drivers

Real Estate |
Update

15.11.21

Civitas Social Housing — Continuing positive returns in Q222

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Sector

Real Estate

Equity Analyst

Martyn King

Director, Financials

Key Management

Paul Bridge

CEO

Balance Sheet

Forecast net debt (£m)

N/A

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
%	1M	3M	12M
Actual	(0.1)	49.4	(1.1)
Relative	(0.8)	53.5	(1.9)
52 week high/low	85.7p/51.7p

Financials

Civitas Social Housing REIT’s consistently robust financial and operational performance continued through Q422, with an increase in the FY23 DPS target to at least 5.70p. We view positively initiatives that have been launched to promote greater regulatory alignment and address perceived sector lease risk. We will update our forecasts when the full FY22 results are published in June, but reflect the key unaudited Q422 NAV below.