Target Healthcare Reit plc (THRL) Share Price & Analysis

Open: 115.20
High: 115.40
Low: 113.00
Close: 113.80
Change: +0.20 (0.18%)
Volume: 581,869

1M Performance: +3.1%
3M Performance: +2.3%
1Y Performance: +0.2%
Market Cap: £706m
Avg Daily Volume: 1.1M

52-Week Range

87.40(22 Oct 25)117.00(23 Jul 26)

Current 113.80 · position in 52-week range

Revenue:	£72.9M
Profit After Tax:	£60.8M
Total Assets:	£986.2M
Shareholders' Equity:	£712.5M
Current Ratio:	0.39
Operating Cash Flow:	£41.1M

As at Jun 20255 years of data

Going concern: No material uncertainty
Principal risks: 4

13 Oct 2026	12:00:00	Annual Financial Report
23 Sept 2026	07:00:04	Investor Presentation via Investor Meet Company
23 Sept 2026	07:00:04	Director/PDMR Shareholding
22 Sept 2026	07:00:05	Final Results
16 Sept 2026	07:00:05	Notice of Full Year Results

13 Oct 2026	Annual Report and Financial Statements 2026
31 Oct 2025	Annual Report and Financial Statements 2025
23 Oct 2024	Annual Report and Financial Statements 2024

Vince NiblettIndependent Non-Executive Director and Chair of Audit Committee

–

Alison FyfeIndependent Non-Executive Chair

–

Kenneth MacKenzieChief Executive

–

Alastair MurrayChief Financial Officer

–

Dr Amanda Ann Bence ThompsellIndependent Non-Executive Director

4 yrs 8 mos

Target Healthcare Reit plc is a Real Estate Investment Trust that invests exclusively in purpose-built care homes across the UK. Its investment mandate focuses on generating income through long-term leases with a diversified tenant base, while also aiming for capital growth. The trust operates within the UK healthcare property sector, emphasizing high-quality design and sustainability in its portfolio.

Industry: Real Estate
Sector: Real Estate
LEI: 213800RXPY9WULUSBC04
Issuer: Target Healthcare Reit plc
Region: Europe
Admission date: 7 Aug 2019
Website: www.targethealthcarereit.co.uk

P/E (trailing): 11.6
Earnings yield: 8.6%
Dividend yield: 0.00%
EPS: 9.8p

Based on FY2025 reported figures (GBP).

NAV per Share: 122.10p
Discount/Premium: -6.8%
Total Net Assets: £0.0m

Dec 2024–Jun 2026 · Daily

Shares in issueas at 9 May 2026: 620,237,346

Last updated: 14 October 2026

Latest year: FY25
Dividend: No dividend declared

ISIN: GB00BJGTLF51
Exchange: XLON
Market: Main Market
Market Segment: STMM
Market Sector: F25T
Security Description: Ordinary Shares of GBP0.01 each; fully paid;
Listing Category: Closed-ended investment funds

Open: 115.20
High: 115.40
Low: 113.00
Close: 113.80
Change: +0.20 (0.18%)
Volume: 581,869

1M Performance: +3.1%
3M Performance: +2.3%
1Y Performance: +0.2%
Market Cap: £706m
Avg Daily Volume: 1.1M

52-Week Range

87.40(22 Oct 25)117.00(23 Jul 26)

Current 113.80 · position in 52-week range

Revenue:	£72.9M
Profit After Tax:	£60.8M
Total Assets:	£986.2M
Shareholders' Equity:	£712.5M
Current Ratio:	0.39
Operating Cash Flow:	£41.1M

As at Jun 20255 years of data

Going concern: No material uncertainty
Principal risks: 4

13 Oct 2026	12:00:00	Annual Financial Report
23 Sept 2026	07:00:04	Investor Presentation via Investor Meet Company
23 Sept 2026	07:00:04	Director/PDMR Shareholding
22 Sept 2026	07:00:05	Final Results
16 Sept 2026	07:00:05	Notice of Full Year Results

13 Oct 2026	Annual Report and Financial Statements 2026
31 Oct 2025	Annual Report and Financial Statements 2025
23 Oct 2024	Annual Report and Financial Statements 2024

Vince NiblettIndependent Non-Executive Director and Chair of Audit Committee

–

Alison FyfeIndependent Non-Executive Chair

–

Kenneth MacKenzieChief Executive

–

Alastair MurrayChief Financial Officer

–

Dr Amanda Ann Bence ThompsellIndependent Non-Executive Director

4 yrs 8 mos

Industry: Real Estate
Sector: Real Estate
LEI: 213800RXPY9WULUSBC04
Issuer: Target Healthcare Reit plc
Region: Europe
Admission date: 7 Aug 2019
Website: www.targethealthcarereit.co.uk

P/E (trailing): 11.6
Earnings yield: 8.6%
Dividend yield: 0.00%
EPS: 9.8p

Based on FY2025 reported figures (GBP).

NAV per Share: 122.10p
Discount/Premium: -6.8%
Total Net Assets: £0.0m

Dec 2024–Jun 2026 · Daily

Shares in issueas at 9 May 2026: 620,237,346

Last updated: 14 October 2026

Latest year: FY25
Dividend: No dividend declared

ISIN: GB00BJGTLF51
Exchange: XLON
Market: Main Market
Market Segment: STMM
Market Sector: F25T
Security Description: Ordinary Shares of GBP0.01 each; fully paid;
Listing Category: Closed-ended investment funds

Open: 115.20
High: 115.40
Low: 113.00
Close: 113.80
Change: +0.20 (0.18%)
Volume: 581,869

1M Performance: +3.1%
3M Performance: +2.3%
1Y Performance: +0.2%
Market Cap: £706m
Avg Daily Volume: 1.1M

52-Week Range

87.40(22 Oct 25)117.00(23 Jul 26)

Current 113.80 · position in 52-week range

Revenue:	£72.9M
Profit After Tax:	£60.8M
Total Assets:	£986.2M
Shareholders' Equity:	£712.5M
Current Ratio:	0.39
Operating Cash Flow:	£41.1M

As at Jun 20255 years of data

Going concern: No material uncertainty
Principal risks: 4

13 Oct 2026	12:00:00	Annual Financial Report
23 Sept 2026	07:00:04	Investor Presentation via Investor Meet Company
23 Sept 2026	07:00:04	Director/PDMR Shareholding
22 Sept 2026	07:00:05	Final Results
16 Sept 2026	07:00:05	Notice of Full Year Results

13 Oct 2026	Annual Report and Financial Statements 2026
31 Oct 2025	Annual Report and Financial Statements 2025
23 Oct 2024	Annual Report and Financial Statements 2024

Vince NiblettIndependent Non-Executive Director and Chair of Audit Committee

–

Alison FyfeIndependent Non-Executive Chair

–

Kenneth MacKenzieChief Executive

–

Alastair MurrayChief Financial Officer

–

Dr Amanda Ann Bence ThompsellIndependent Non-Executive Director

4 yrs 8 mos

Industry: Real Estate
Sector: Real Estate
LEI: 213800RXPY9WULUSBC04
Issuer: Target Healthcare Reit plc
Region: Europe
Admission date: 7 Aug 2019
Website: www.targethealthcarereit.co.uk

P/E (trailing): 11.6
Earnings yield: 8.6%
Dividend yield: 0.00%
EPS: 9.8p

Based on FY2025 reported figures (GBP).

Issuer	Mkt cap	1Y
BBOX Tritax BIG BOX Reit plc	£4.21bn	-0.0%
SUPR Supermarket Income REIT PLC	£1.12bn	+0.0%
THRLTarget Healthcare Reit plc	£706m	+0.2%
SREI Schroder Real Estate Investment Trust Limited	£421m	-0.1%
AEWU AEW UK Reit plc	£159m	-0.1%
SERE Schroder European Real Estate Investment Trust PLC	£76m	-0.1%

Peers in Real Estate, ranked by comparable market cap. 1Y = trailing share-price change.

NAV per Share: 122.10p
Discount/Premium: -6.8%
Total Net Assets: £0.0m

Dec 2024–Jun 2026 · Daily

Shares in issueas at 9 May 2026: 620,237,346

Last updated: 14 October 2026

Latest year: FY25
Dividend: No dividend declared

ISIN: GB00BJGTLF51
Exchange: XLON
Market: Main Market
Market Segment: STMM
Market Sector: F25T
Security Description: Ordinary Shares of GBP0.01 each; fully paid;
Listing Category: Closed-ended investment funds

Open: 115.20
High: 115.40
Low: 113.00
Close: 113.80
Change: +0.20 (0.18%)
Volume: 581,869

1M Performance: +3.1%
3M Performance: +2.3%
1Y Performance: +0.2%
Market Cap: £706m
Avg Daily Volume: 1.1M

52-Week Range

87.40(22 Oct 25)117.00(23 Jul 26)

Current 113.80 · position in 52-week range

Revenue:	£72.9M
Profit After Tax:	£60.8M
Total Assets:	£986.2M
Shareholders' Equity:	£712.5M
Current Ratio:	0.39
Operating Cash Flow:	£41.1M

As at Jun 20255 years of data

Going concern: No material uncertainty
Principal risks: 4

13 Oct 2026	12:00:00	Annual Financial Report
23 Sept 2026	07:00:04	Investor Presentation via Investor Meet Company
23 Sept 2026	07:00:04	Director/PDMR Shareholding
22 Sept 2026	07:00:05	Final Results
16 Sept 2026	07:00:05	Notice of Full Year Results

13 Oct 2026	Annual Report and Financial Statements 2026
31 Oct 2025	Annual Report and Financial Statements 2025
23 Oct 2024	Annual Report and Financial Statements 2024

Vince NiblettIndependent Non-Executive Director and Chair of Audit Committee

–

Alison FyfeIndependent Non-Executive Chair

–

Kenneth MacKenzieChief Executive

–

Alastair MurrayChief Financial Officer

–

Dr Amanda Ann Bence ThompsellIndependent Non-Executive Director

4 yrs 8 mos

Industry: Real Estate
Sector: Real Estate
LEI: 213800RXPY9WULUSBC04
Issuer: Target Healthcare Reit plc
Region: Europe
Admission date: 7 Aug 2019
Website: www.targethealthcarereit.co.uk

P/E (trailing): 11.6
Earnings yield: 8.6%
Dividend yield: 0.00%
EPS: 9.8p

Based on FY2025 reported figures (GBP).

Issuer	Mkt cap	1Y
BBOX Tritax BIG BOX Reit plc	£4.21bn	-0.0%
SUPR Supermarket Income REIT PLC	£1.12bn	+0.0%
THRLTarget Healthcare Reit plc	£706m	+0.2%
SREI Schroder Real Estate Investment Trust Limited	£421m	-0.1%
AEWU AEW UK Reit plc	£159m	-0.1%
SERE Schroder European Real Estate Investment Trust PLC	£76m	-0.1%

Peers in Real Estate, ranked by comparable market cap. 1Y = trailing share-price change.

NAV per Share: 122.10p
Discount/Premium: -6.8%
Total Net Assets: £0.0m

Dec 2024–Jun 2026 · Daily

Shares in issueas at 9 May 2026: 620,237,346

Last updated: 14 October 2026

Latest year: FY25
Dividend: No dividend declared

ISIN: GB00BJGTLF51
Exchange: XLON
Market: Main Market
Market Segment: STMM
Market Sector: F25T
Security Description: Ordinary Shares of GBP0.01 each; fully paid;
Listing Category: Closed-ended investment funds

Issuer	Mkt cap	1Y
BBOX Tritax BIG BOX Reit plc	£4.21bn	-0.0%
SUPR Supermarket Income REIT PLC	£1.12bn	+0.0%
THRLTarget Healthcare Reit plc	£706m	+0.2%
SREI Schroder Real Estate Investment Trust Limited	£421m	-0.1%
AEWU AEW UK Reit plc	£159m	-0.1%
SERE Schroder European Real Estate Investment Trust PLC	£76m	-0.1%

Peers in Real Estate, ranked by comparable market cap. 1Y = trailing share-price change.

Issuer	Mkt cap	1Y
BBOX Tritax BIG BOX Reit plc	£4.21bn	-0.0%
SUPR Supermarket Income REIT PLC	£1.12bn	+0.0%
THRLTarget Healthcare Reit plc	£706m	+0.2%
SREI Schroder Real Estate Investment Trust Limited	£421m	-0.1%
AEWU AEW UK Reit plc	£159m	-0.1%
SERE Schroder European Real Estate Investment Trust PLC	£76m	-0.1%

Peers in Real Estate, ranked by comparable market cap. 1Y = trailing share-price change.

25 Sept 2026	Target Healthcare bucks the property trend	QuotedData
22 Sept 2026	Target Healthcare delivers best annual return since IPO	QuotedData
5 Aug 2026	Target Healthcare welcomes Andy Burnhams flagship speech on social care reform	QuotedData
11 Aug 2025	Target Healthcare REIT — Strong close to FY25	Edison
12 Jun 2025	Target Healthcare REIT — Meeting social needs with inflation-safe returns	Edison
6 Feb 2025	Target Healthcare REIT — Income and capital growth continuing	Edison

25 Sept 2026	Target Healthcare bucks the property trend	QuotedData
22 Sept 2026	Target Healthcare delivers best annual return since IPO	QuotedData
5 Aug 2026	Target Healthcare welcomes Andy Burnhams flagship speech on social care reform	QuotedData
11 Aug 2025	Target Healthcare REIT — Strong close to FY25	Edison
12 Jun 2025	Target Healthcare REIT — Meeting social needs with inflation-safe returns	Edison
6 Feb 2025	Target Healthcare REIT — Income and capital growth continuing	Edison

25 Sept 2026	Target Healthcare bucks the property trend	QuotedData
22 Sept 2026	Target Healthcare delivers best annual return since IPO	QuotedData
5 Aug 2026	Target Healthcare welcomes Andy Burnhams flagship speech on social care reform	QuotedData
11 Aug 2025	Target Healthcare REIT — Strong close to FY25	Edison
12 Jun 2025	Target Healthcare REIT — Meeting social needs with inflation-safe returns	Edison
6 Feb 2025	Target Healthcare REIT — Income and capital growth continuing	Edison

25 Sept 2026	Target Healthcare bucks the property trend	QuotedData
22 Sept 2026	Target Healthcare delivers best annual return since IPO	QuotedData
5 Aug 2026	Target Healthcare welcomes Andy Burnhams flagship speech on social care reform	QuotedData
11 Aug 2025	Target Healthcare REIT — Strong close to FY25	Edison
12 Jun 2025	Target Healthcare REIT — Meeting social needs with inflation-safe returns	Edison
6 Feb 2025	Target Healthcare REIT — Income and capital growth continuing	Edison