Harworth Group (LON:HWG) Announces Earnings Results

Harworth Group (LON:HWG) released its earnings results on Tuesday. The company reported GBX 17.70 ($0.23) EPS for the quarter, Digital Look Earnings reports. Harworth Group had a return on equity of 7.75% and a net margin of 52.25%.

Harworth Group Price Performance

Shares of LON HWG opened at GBX 170 ($2.21) on Thursday. Harworth Group has a 1-year low of GBX 125 ($1.63) and a 1-year high of GBX 195 ($2.54). The company has a debt-to-equity ratio of 13.88, a current ratio of 2.59 and a quick ratio of 1.13. The business’s fifty day moving average price is GBX 165.02 and its two-hundred day moving average price is GBX 171.53. The firm has a market capitalization of £559.67 million, a PE ratio of 11.21 and a beta of 0.74.

Harworth Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 24th will be paid a dividend of GBX 1.13 ($0.01) per share. This is a boost from Harworth Group’s previous dividend of $0.49. This represents a dividend yield of 0.65%. The ex-dividend date of this dividend is Thursday, April 24th. Harworth Group’s dividend payout ratio is 13.18%.

Insiders Place Their Bets

In related news, insider Lynda Shillaw bought 17,291 shares of the company’s stock in a transaction on Tuesday, March 18th. The shares were purchased at an average cost of GBX 174 ($2.26) per share, with a total value of £30,086.34 ($39,139.25). Insiders have purchased 17,473 shares of company stock valued at $3,038,573 over the last three months. Company insiders own 53.39% of the company’s stock.

Harworth Group Company Profile

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments.