Heimar stock reports 16.1 percent rental income growth

Published on 09/24/2026 at 09:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Heimar stock stood at ISK 34.40 on September 23, 2026, while its first-half net income reached ISK 4.568 billion. Rental income guidance now spans ISK 16.8 billion to ISK 17.2 billion.

Heimar stock, Reginn, real estate, rental income growth, earnings guidance, Nasdaq Iceland, Illustration mit AI erstellt.

Heimar stock, formerly Reginn (ISIN IS0000021301), stood at ISK 34.40 on Nasdaq Iceland on September 23, 2026, down 0.58 percent for the session and 12.2 percent below its 52-week high of ISK 39.20. The company is now pairing a stronger first half with higher rental income guidance for 2026.

Rental income rises 16.1 percent

According to Nasdaq Iceland, Heimar generated ISK 8.7 billion in operating revenue during the first six months of 2026. Rental income increased 16.1 percent from the same period in 2025, while EBITDA rose 14.6 percent to ISK 5.8 billion.

The figures show why the earnings mix matters. Net income reached ISK 4.568 billion in the half year, compared with ISK 1.114 billion in the same period of 2025, while basic earnings per share rose to ISK 2.34 from ISK 0.62, MarketScreener reported on August 27, 2026.

Guidance moves to ISK 17.2 billion

Heimar lifted its full-year 2026 rental income guidance by ISK 220 million to a range of ISK 16.8 billion to ISK 17.2 billion, according to Investing.com on August 27, 2026. Management linked the increase to inflation and portfolio growth.

Balance-sheet figures add a counterweight to the operating growth. Interest-bearing debt stood at ISK 146 billion at June 30, 2026, and the debt ratio was 61.6 percent, according to the half-year announcement. The combination leaves rental growth and leverage as the two central figures for assessing the company after its name change from Reginn to Heimar.

Heimar stock stays below its yearly high

The ISK 34.40 price on September 23, 2026 leaves the stock ISK 4.80 below its 52-week high of ISK 39.20. Heimar had a market capitalization of ISK 67,130,847,913 on the same date, giving the stronger half-year results a clear valuation context without turning the operating improvement into a price recommendation.