British Land (LON:BLND) Issues Earnings Results

British Land (LON:BLND - Get Free Report) announced its quarterly earnings data on Thursday. The company reported GBX 28.50 ($0.39) EPS for the quarter, reports. British Land had a return on equity of 18.53% and a net margin of 171.35%.

British Land Price Performance

LON BLND traded up GBX 4.80 ($0.07) on Tuesday, reaching GBX 387.40 ($5.26). 6,786,206 shares of the company's stock traded hands, compared to its average volume of 12,046,872. The stock has a market cap of £3.86 billion, a PE ratio of 4.21, a P/E/G ratio of 6.76 and a beta of 1.55. British Land has a 12 month low of GBX 328.20 ($4.45) and a 12 month high of GBX 467.80 ($6.35). The stock has a 50-day simple moving average of GBX 379.02 and a 200 day simple moving average of GBX 370.03. The company has a debt-to-equity ratio of 44.14, a current ratio of 0.59 and a quick ratio of 0.25.

British Land Company Profile

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.