Telford Homes (TEF) Announces Quarterly Earnings Results

Telford Homes (LON:TEF) announced its earnings results on Wednesday. The company reported GBX 11 ($0.14) earnings per share for the quarter, Digital Look Earnings reports.

Telford Homes stock traded up GBX 2 ($0.03) during mid-day trading on Friday, hitting GBX 309 ($4.04). The company’s stock had a trading volume of 220,842 shares, compared to its average volume of 152,485. Telford Homes has a 52-week low of GBX 340.75 ($4.45) and a 52-week high of GBX 448.23 ($5.86).

The firm also recently disclosed a dividend, which will be paid on Friday, January 11th. Investors of record on Thursday, December 6th will be paid a GBX 8.50 ($0.11) dividend. This represents a yield of 2.74%. The ex-dividend date is Thursday, December 6th.

Several research analysts recently weighed in on TEF shares. Peel Hunt reaffirmed a “buy” rating on shares of Telford Homes in a research note on Tuesday, October 30th. Barclays raised their target price on Telford Homes from GBX 415 ($5.42) to GBX 469 ($6.13) and gave the company an “equal weight” rating in a research note on Wednesday, September 12th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 500 ($6.53) target price on shares of Telford Homes in a report on Wednesday, October 10th. Finally, Shore Capital reaffirmed a “house stock” rating on shares of Telford Homes in a report on Wednesday, October 10th.

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About Telford Homes

Telford Homes Plc engages in the housebuilding and property development businesses in the United Kingdom. The company was founded in 2000 and is headquartered in Waltham Cross, the United Kingdom.

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