LON:BLNDBritish Land Share Price, Forecast & News

GBX 451.70

+0.80 (+0.18 %)

(As of 06/4/2020 04:00 PM ET)

Add

Compare

Today's Range

433.70

Now: GBX 451.70▼

455

50-Day Range

330.30

MA: GBX 380.58▼

450.90

52-Week Range

309.40

Now: GBX 451.70▼

649.40

Volume6.73 million shs

Average Volume3.54 million shs

Market Capitalization£4.19 billion

P/E RatioN/A

Dividend Yield8.66%

BetaN/A

Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. We own or manage a portfolio valued at £16.8bn (British Land share: £12.9bn) as at 30 September 2018 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles - Places People Prefer. We do this by creating great environments both inside and outside our buildings and use our scale and placemaking skills to enhance and enliven them. This expands their appeal to a broader range of occupiers, creating enduring demand and driving sustainable, long term performance. Our Retail portfolio is focused on Regional and Local multi-let centres, and accounts for 49% of our portfolio. Our Offices portfolio comprises three office-led campuses in central London as well as high quality standalone buildings and accounts for 48% of our portfolio. Increasingly our focus is on providing a mix of uses and this is most evident at Canada Water, our 53 acre redevelopment opportunity where we have plans to create a new neighbourhood for London. Sustainability is embedded throughout our business. Our places, which are designed to meet high sustainability standards, become part of local communities, provide opportunities for skills development and employment and promote wellbeing. In April 2016 British Land received the Queen's Award for Enterprise: Sustainable Development, the UK's highest accolade for business success for economic, social and environmental achievements over a period of five years.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
British Land has received a consensus rating of Hold. The company's average rating score is 1.93, and is based on 3 buy ratings, 8 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 502.77, British Land has a potential upside of 11.3% from its current price of GBX 451.70.
Amount of Analyst Coverage
British Land has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
British Land has received 600 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
British Land has received 636 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
British Land has received 51.46% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about British Land and other stocks. Vote “Outperform” if you believe BLND will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BLND will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
British Land is a leading dividend payer. It pays a dividend yield of 8.66%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
British Land does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, British Land insiders have bought more of their company's stock than they have sold. Specifically, they have bought £30,171.89 in company stock and sold GBX 0 in company stock.

0.6 Earnings and Valuation

Earnings Growth
Earnings for British Land are expected to decrease by -100.00% in the coming year, from GBX 3,546 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of British Land is -6.64, 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 British Land is -6.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
British Land has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.13 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry REIT - Retail

Sub-IndustryN/A

SectorReal Estate

Current SymbolLON:BLND

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.britishland.com

Phone+44-20-74864466

Debt

Debt-to-Equity Ratio44.86

Current Ratio0.31

Quick Ratio0.26

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio0.13

P/E GrowthN/A

Sales & Book Value

Annual Sales£668 million

Price / Sales6.27

Cash FlowGBX 20.56 per share

Price / Cash Flow21.97

Book ValueGBX 842.10 per share

Price / Book0.54

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees835

Outstanding Shares926,683,008

Market Cap£4.19 billion

Next Earnings DateN/A

OptionableNot Optionable

Receive BLND News and Ratings via Email

Sign-up to receive the latest news and ratings for BLND and its competitors with MarketBeat's FREE daily newsletter.

British Land (LON:BLND) Frequently Asked Questions

How has British Land's stock been impacted by COVID-19 (Coronavirus)?

British Land's stock was trading at GBX 436.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BLND stock has increased by 3.4% and is now trading at GBX 451.70. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of British Land?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for British Land in the last year. There are currently 4 sell ratings, 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for British Land.

How were British Land's earnings last quarter?

British Land Company PLC (LON:BLND) announced its earnings results on Wednesday, May, 27th. The company reported $32.70 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $32.30 by $0.40. View British Land's earnings history.

How often does British Land pay dividends? What is the dividend yield for British Land?

British Land announced a dividend on Tuesday, January 28th. Shareholders of record on Thursday, March 26th will be paid a dividend of GBX 7.98 per share on Friday, May 1st. This represents a yield of 1.38%. The ex-dividend date of this dividend is Thursday, March 26th. The official announcement can be seen at this link. View British Land's dividend history.

What price target have analysts set for BLND?

15 equities research analysts have issued twelve-month price objectives for British Land's shares. Their forecasts range from GBX 340 to GBX 725. On average, they anticipate British Land's share price to reach GBX 502.77 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price. View analysts' price targets for British Land.

Has British Land been receiving favorable news coverage?

News stories about BLND stock have been trending somewhat negative on Thursday, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. British Land earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutBritish Land.

Who are some of British Land's key competitors?

Some companies that are related to British Land include Scentre Group (SCG), UNIBALWEST/IDR UNRESTR (URW), Vicinity Centres (VCX), RioCan Real Estate Investment Trust (REI.UN), Choice Properties Real Est Invstmnt Trst (CHP.UN), SmartCentres Real Estate Investment Trst (SRU.UN), Shopping Cntrs Austrls Prprty Gp Re (SCP), Shaftesbury (SHB), Charter Hall Retail REIT (CQR), CT Real Estate Investment Trust (CRT.UN), Hammerson (HMSO), SITE Centers (SITC), Aventus Group (AVN), Slate Retail REIT (SRT.UN) and Supermarket Income REIT (SUPR). View all competitors.

What other stocks do shareholders of British Land own?

Based on aggregate information from My MarketBeat watchlists, some companies that other British Land investors own include HSBC (HSBA), Associated British Foods (ABF), Vodafone Group (VOD), Lloyds Banking Group (LLOY), Aviva (AV), Bank of America (BAC), easyJet (EZJ), GlaxoSmithKline (GSK), Intelsat (I) and Royal Dutch Shell (RDSB).

Who are British Land's key executives?

British Land's management team includes the following people:

Mr. Christopher M. Grigg, CEO & Exec. Director (Age 60)
Mr. Timothy A. Roberts BSc, MRICS, Head of Offices & Exec. Director (Age 54)
Mr. Charles Maudsley, Head of Retail, Leisure & Residential and Exec. Director (Age 55)
Mr. Simon G. Carter MA, ACA, CFO & Director (Age 43)
Mr. Joff Sharpe, Head of Operations

What is British Land's stock symbol?

British Land trades on the London Stock Exchange (LON) under the ticker symbol "BLND."

How do I buy shares of British Land?

Shares of BLND 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.

What is British Land's stock price today?

One share of BLND stock can currently be purchased for approximately GBX 451.70.

How big of a company is British Land?

British Land has a market capitalization of £4.19 billion and generates £668 million in revenue each year. British Land employs 835 workers across the globe.

What is British Land's official website?

The official website for British Land is www.britishland.com.

How can I contact British Land?

British Land's mailing address is York House, 45 Seymour Street, LONDON, W1H 7LX, United Kingdom. The company can be reached via phone at +44-20-74864466.

This page was last updated on 6/4/2020 by MarketBeat.com Staff