Strawberry Fields REIT (NASDAQ:STRW) Price Target Raised to $14.00

Strawberry Fields REIT (NASDAQ:STRW) had its target price upped by Wedbush from $12.00 to $14.00 in a research report report published on Wednesday morning,Benzinga reports. They currently have an outperform rating on the stock. Wedbush also issued estimates for Strawberry Fields REIT’s Q1 2025 earnings at $0.28 EPS, Q2 2025 earnings at $0.30 EPS, Q3 2025 earnings at $0.31 EPS, Q4 2025 earnings at $0.31 EPS, FY2025 earnings at $1.20 EPS, Q1 2026 earnings at $0.32 EPS, Q2 2026 earnings at $0.33 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.34 EPS and FY2026 earnings at $1.32 EPS.

Separately, Compass Point set a $14.00 target price on shares of Strawberry Fields REIT in a report on Wednesday, January 15th.

Strawberry Fields REIT Stock Performance

Shares of STRW stock opened at $12.22 on Wednesday. The company has a market cap of $91.42 million, a P/E ratio of 23.96, a price-to-earnings-growth ratio of 1.16 and a beta of 0.47. Strawberry Fields REIT has a 12 month low of $6.56 and a 12 month high of $12.90.

Strawberry Fields REIT Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.58%. The ex-dividend date of this dividend is Monday, March 17th. Strawberry Fields REIT’s payout ratio is 98.25%.

Hedge Funds Weigh In On Strawberry Fields REIT

A number of institutional investors have recently made changes to their positions in the stock. State of New Jersey Common Pension Fund D purchased a new stake in Strawberry Fields REIT during the fourth quarter valued at about $1,354,000. White Pine Capital LLC purchased a new position in shares of Strawberry Fields REIT during the fourth quarter valued at approximately $748,000. Barclays PLC grew its stake in Strawberry Fields REIT by 637.2% in the fourth quarter. Barclays PLC now owns 64,112 shares of the company’s stock worth $676,000 after purchasing an additional 55,415 shares during the period. Alyeska Investment Group L.P. purchased a new stake in Strawberry Fields REIT in the fourth quarter worth $11,067,000. Finally, JPMorgan Chase & Co. grew its stake in Strawberry Fields REIT by 143.5% in the fourth quarter. JPMorgan Chase & Co. now owns 23,305 shares of the company’s stock worth $246,000 after purchasing an additional 13,733 shares during the period.

About Strawberry Fields REIT

Strawberry Fields REIT, Inc engages in the ownership, acquisition, development, and leasing of skilled nursing and certain other healthcare-related properties. The company was founded by Moishe Gubin in 2014 and is headquartered in South Bend, IN.