Should I buy or sell Workspace Group stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Workspace Group in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WKP shares. View WKP analyst ratings or view top-rated stocks .

What is Workspace Group's stock price target for 2024?

4 analysts have issued 12-month price targets for Workspace Group's stock. Their WKP share price targets range from GBX 600 to GBX 834. On average, they expect the company's stock price to reach GBX 691 in the next twelve months. This suggests a possible upside of 40.4% from the stock's current price. View analysts price targets for WKP or view top-rated stocks among Wall Street analysts .

How have WKP shares performed in 2024?

Workspace Group's stock was trading at GBX 568 at the beginning of 2024. Since then, WKP stock has decreased by 13.4% and is now trading at GBX 492. View the best growth stocks for 2024 here .

How were Workspace Group's earnings last quarter?

Workspace Group Plc (LON:WKP) posted its earnings results on Friday, June, 5th. The company reported $44.60 EPS for the quarter, beating the consensus estimate of $44.50 by $0.10. Workspace Group had a negative trailing twelve-month return on equity of 12.71% and a negative net margin of 121.30%.

How often does Workspace Group pay dividends? What is the dividend yield for Workspace Group?

Workspace Group announced a dividend on Thursday, November 21st. Investors of record on Thursday, January 4th will be paid a dividend of GBX 9 per share on Friday, February 2nd. This represents a dividend yield of 1.53%. The ex-dividend date of this dividend is Thursday, January 4th. The official announcement can be accessed at this link . Read our dividend analysis for WKP .

Is Workspace Group a good dividend stock?

Workspace Group (LON:WKP) pays an annual dividend of GBX 26 per share and currently has a dividend yield of 5.25%. WKP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for WKP .

What other stocks do shareholders of Workspace Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Workspace Group investors own include Vodafone Group Public (VOD) , Bellway (BWY) , Lloyds Banking Group (LLOY) , BioMarin Pharmaceutical (BMRN) , Chesapeake Lodging Trust (CHSP) , easyJet (EZJ) , Kennametal (KMT) , Vanquis Banking Group (PFG) , QUALCOMM (QCOM) and

How do I buy shares of Workspace Group?

Shares of WKP stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

LON:WKP

Workspace Group (WKP) Share Price, News & Analysis

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GBX 492

-3.00 (-0.61%)

(As of 04/19/2024 ET)

Compare

Today's Range: 484
▼
492
50-Day Range: 482.50
▼
512.50
52-Week Range: 449.20
▼
617

Volume: 67,517 shs
Average Volume: 210,650 shs
Market Capitalization: £944.20 million

P/E Ratio: N/A
Dividend Yield: 5.28%
Price Target: GBX 691

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

Get Workspace Group alerts:

Workspace Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 40.4% Upside
GBX 691 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.09
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.60 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Workspace Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Workspace Group has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for WKP.

1.7

Dividend Strength

Dividend Leadership
Workspace Group is a leading dividend payer. It pays a dividend yield of 5.25%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Workspace Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WKP.

1.1

News and Social Media Coverage

News Sentiment
Workspace Group has a news sentiment score of -0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Real Estate companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Workspace Group this week, compared to 0 articles on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Workspace Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
28.96% of the stock of Workspace Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
70.65% of the stock of Workspace Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Workspace Group is -424.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Workspace Group is -424.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Workspace Group has a PEG Ratio of 1.54. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Workspace Group has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Workspace Group Stock (LON:WKP)

Workspace is London's leading owner and operator of flexible workspace, currently managing 4.7 million sq. ft. of sustainable space at 79 locations in London and the South East. We are home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors. Our purpose, to give businesses the freedom to grow, is based on the belief that in the right space, teams can achieve more. That in environments they tailor themselves, free from constraint and compromise, teams are best able to collaborate, build their culture and realise their potential. We have a unique combination of a highly effective and scalable operating platform, a portfolio of distinctive properties, and an ownership model that allows us to offer true flexibility. We provide customers with blank canvas space to create a home for their business, alongside leases that give them the freedom to easily scale up and down within our well-connected, extensive portfolio. We are inherently sustainable - we invest across the capital, breathing new life into old buildings and creating hubs of economic activity that help flatten London's working map. We work closely with our local communities to ensure we make a positive and lasting environmental and social impact, creating value over the long term. Workspace was established in 1987, has been listed on the London Stock Exchange since 1993, is a FTSE 250 listed Real Estate Investment Trust (REIT) and a member of the European Public Real Estate Association (EPRA). Workspace is a registered trademark of Workspace Group PLC, London, UK.

WKP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WKP Stock News Headlines

April 17, 2024 | msn.com

Workspace Group reports ‘resilient’ customer demand in the fourth quarter

April 16, 2024 | americanbankingnews.com

Workspace Group (LON:WKP) Stock Passes Below Two Hundred Day Moving Average of $516.84

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 11, 2024 | techcrunch.com

Google Workspace users will soon get voice prompting in Gmail and tabs in Docs

April 10, 2024 | msn.com

Wizu Workspace to launch sixth Leeds base after acquiring key city centre property

February 29, 2024 | msn.com

How to Find Your Place in an Increasingly Displaced Workspace

February 3, 2024 | morningstar.com

Workspace Group PLC WKP

December 13, 2023 | uk.finance.yahoo.com

London offices to be powered by Devon sunshine under solar farm deal

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

December 13, 2023 | msn.com

Workspace signs 10-year renewable energy supply deal with Statkraf

December 13, 2023 | markets.businessinsider.com

Workspace Enters Corporate Power Purchase Agreement With Statkraft - Quick Facts

November 23, 2023 | msn.com

London-focused Workspace forecasts strong second-half rental growth

November 22, 2023 | msn.com

Flexible office provider Workspace rides podcast boom

November 21, 2023 | reuters.com

London-focused Workspace swings to half-year loss as high rates hit valuations

November 21, 2023 | finance.yahoo.com

UPDATE 2-London-focused Workspace forecasts strong second-half rental growth

November 11, 2023 | uk.investing.com

LSEG chief Schwimmer: IPOs to return 'when the environment stabilises'

October 25, 2023 | techrepublic.com

Duet AI: What Google Workspace Admins Need to Know to Add This Service

September 23, 2023 | news.yahoo.com

This collaborative workspace for entrepreneurs is coming to downtown Macon next year

August 27, 2023 | techrepublic.com

Google AI in Workspace Adds New Zero-Trust and Digital Sovereignty Controls

July 6, 2023 | msn.com

UK's Workspace says demand resilient in first quarter

June 27, 2023 | fool.com

Workspace Group Plc (LSE: WKP)

June 8, 2023 | msn.com

Deutsche Reiterates Workspace Group (LSE:WKP) Buy Recommendation

May 31, 2023 | msn.com

JP Morgan Cazenove Reiterates Workspace Group (LSE:WKP) Overweight Recommendation

May 28, 2023 | msn.com

Numis Reiterates Workspace Group (LSE:WKP) Buy Recommendation

May 25, 2023 | reuters.com

Workspace slips to annual loss on property valuation decline

May 17, 2023 | msn.com

Peel Hunt Limited Reiterates Workspace Group (LSE:WKP) Buy Recommendation

May 9, 2023 | msn.com

How To Enable Bard In Your Google Workspace Account: A Step-By-Step Guide

See More Headlines

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Company Calendar

Last Earnings: 6/05/2020
Ex-Dividend for 2/2 Dividend: 1/04/2024
Dividend Payable: 2/02/2024
Today: 4/19/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Real Estate
Industry: REIT - Office
Sub-Industry: N/A
Current Symbol: LON:WKP
CUSIP: N/A
CIK: N/A
Web: www.workspacegroupplc.co.uk
Phone: +44-20-71383300
Fax: N/A
Employees: 293
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 691
High Stock Price Target: GBX 834
Low Stock Price Target: GBX 600
Potential Upside/Downside: +41.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX (1.16)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 13.38
P/E Growth: 1.54
Net Income: £-221,500,000.00
Net Margins: -121.30%
Pretax Margin: N/A
Return on Equity: -12.71%
Return on Assets: 2.29%

Debt

Debt-to-Equity Ratio: 56.11
Current Ratio: 1.30
Quick Ratio: 0.11

Sales & Book Value

Annual Sales: £182.60 million
Price / Sales: 5.13
Cash Flow: GBX 11.87 per share
Price / Cash Flow: 41.15
Book Value: GBX 838 per share
Price / Book: 0.58

Miscellaneous

Outstanding Shares: 191,910,000
Free Float: N/A
Market Cap: £937.48 million
Optionable: Not Optionable
Beta: 1.05

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Key Executives

Mr. Graham Clemett A.C.A. (Age 64)
B.S., BSc., CEO & Director
Comp: $1.04M
Mr. David Neville Benson (Age 54)
CFO & Director
Comp: $772.7k
Mr. Richard Swayne
Investment Director
Kate Ankers
Chief Accountant
Chris Boultwood
Head of Technology
Ms. Cynthia H. Alers
Interim Head of Investor Relations
Ms. Clare Marland
Head of Corporate Communications
Mr. Charles Fraser
Head of Sales
Mr. Paul Hewlett
Director of Strategy & Corporate Development
Satpreet Dhariwal
Senior HR Manager & Chair of Supporting Others group

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

WKP Stock Analysis - Frequently Asked Questions

Should I buy or sell Workspace Group stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Workspace Group in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WKP shares.
View WKP analyst ratings or view top-rated stocks.
What is Workspace Group's stock price target for 2024?: 4 analysts have issued 12-month price targets for Workspace Group's stock. Their WKP share price targets range from GBX 600 to GBX 834. On average, they expect the company's stock price to reach GBX 691 in the next twelve months. This suggests a possible upside of 40.4% from the stock's current price.
View analysts price targets for WKP or view top-rated stocks among Wall Street analysts.
How have WKP shares performed in 2024?: Workspace Group's stock was trading at GBX 568 at the beginning of 2024. Since then, WKP stock has decreased by 13.4% and is now trading at GBX 492.
View the best growth stocks for 2024 here.
How were Workspace Group's earnings last quarter?: Workspace Group Plc (LON:WKP) posted its earnings results on Friday, June, 5th. The company reported $44.60 EPS for the quarter, beating the consensus estimate of $44.50 by $0.10. Workspace Group had a negative trailing twelve-month return on equity of 12.71% and a negative net margin of 121.30%.

How often does Workspace Group pay dividends? What is the dividend yield for Workspace Group?: Workspace Group announced a dividend on Thursday, November 21st. Investors of record on Thursday, January 4th will be paid a dividend of GBX 9 per share on Friday, February 2nd. This represents a dividend yield of 1.53%. The ex-dividend date of this dividend is Thursday, January 4th. The official announcement can be accessed at this link.
Read our dividend analysis for WKP.
Is Workspace Group a good dividend stock?: Workspace Group (LON:WKP) pays an annual dividend of GBX 26 per share and currently has a dividend yield of 5.25%. WKP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for WKP.
What other stocks do shareholders of Workspace Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Workspace Group investors own include Vodafone Group Public (VOD), Bellway (BWY), Lloyds Banking Group (LLOY), BioMarin Pharmaceutical (BMRN), Chesapeake Lodging Trust (CHSP), easyJet (EZJ), Kennametal (KMT), Vanquis Banking Group (PFG), QUALCOMM (QCOM) and
How do I buy shares of Workspace Group?: Shares of WKP stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:WKP) was last updated on 4/19/2024 by MarketBeat.com Staff

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Workspace Group (WKP) Share Price, News & Analysis

Workspace Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Workspace Group Stock (LON:WKP)

WKP Stock Price History

WKP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

WKP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™