Derwent London plc owns 87 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion (including joint ventures) as at 31 December 2017, making it the largest London-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling. We typically acquire central London properties off-market with low capital values and modest rents in improving locations, most of which are either in the West End or the Tech Belt. We capitalise on the unique qualities of each of our properties taking a fresh approach to the regeneration of every building with a focus on anticipating tenant requirements and an emphasis on design. Reflecting and supporting our long-term success, the business has a strong balance sheet with modest leverage, a robust income stream and flexible financing. Landmark schemes in our 5.5 million sq ft portfolio include White Collar Factory EC1, Angel Building EC1, The Buckley Building EC1, 1-2 Stephen Street W1, Horseferry House SW1 and Tea Building E1. In 2017 the Group won the Property Week Developer of the Year award and EG Offices Company of the Year and won further awards for RIBA, Civic Trust and BCO and was listed 12th in the Corporate Knights Global 100 of the world's most sustainable companies. In 2013 Derwent London launched a voluntary Community Fund and has to date supported 56 community projects in Fitzrovia and the Tech Belt. The Company is a public limited company, which is listed on the London Stock Exchange and incorporated and domiciled in the UK. The address of its registered office is 25 Savile Row, London, W1S 2ER.
Industry, Sector and Symbol
Industry REIT - Diversified
Sub-IndustryN/A
SectorReal Estate
CIKN/A
Phone+44-20-76593000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales£228.50 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableOptionable
Derwent London (LON:DLN) Frequently Asked Questions
What is Derwent London's stock symbol?
Derwent London trades on the London Stock Exchange (LON) under the ticker symbol "DLN."
How often does Derwent London pay dividends? What is the dividend yield for Derwent London?
Derwent London announced a dividend on Tuesday, February 26th. Stockholders of record on Thursday, May 2nd will be paid a dividend of GBX 46.75 per share on Friday, June 7th. This represents a dividend yield of 1.42%. The ex-dividend date is Thursday, May 2nd. This is a boost from Derwent London's previous dividend of $19.10. The official announcement can be viewed at this link. View Derwent London's Dividend History.
How were Derwent London's earnings last quarter?
Derwent London Plc (LON:DLN) released its earnings results on Thursday, August, 9th. The real estate investment trust reported $51.80 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $50.30 by $1.50. View Derwent London's Earnings History.
What price target have analysts set for DLN?
15 analysts have issued 12 month price objectives for Derwent London's shares. Their predictions range from GBX 2,500 to GBX 3,750. On average, they expect Derwent London's stock price to reach GBX 3,173.69 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price. View Analyst Price Targets for Derwent London.
What is the consensus analysts' recommendation for Derwent London?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Derwent London 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 Derwent London.
Has Derwent London been receiving favorable news coverage?
News stories about DLN stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog 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. Derwent London earned a coverage optimism score of -1.6 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near term.
Who are some of Derwent London's key competitors?
Some companies that are related to Derwent London include DEXUS Property Group (DXS), GPT Group (GPT), Stockland (SGP), H&R Real Estate Investment Trust (HR.UN), Charter Hall Group (CHC), Growthpoint Properties Australia (GOZ), UNITE Group (UTG), Abacus Property Group (ABP), Cominar REIT (CUF.UN), Great Portland Estates (GPOR), Viva Energy Reit (VVR), Artis Real Estate Investment Trust Unit (AX.UN), Charter Hall Long WALE REIT (CLW), Crombie Real Estate Investment Trust (CRR.UN) and Charter Hall Education Trust (CQE).
What other stocks do shareholders of Derwent London own?
Who are Derwent London's key executives?
Derwent London's management team includes the folowing people:
- Mr. John David Burns, Founder, CEO & Director (Age 74)
- Mr. Damian Mark Alan Wisniewski, Fin. Director & Exec. Director (Age 57)
- Mr. Nigel Quentin George, Property Director (Age 56)
- Mr. Simon P. Silver, Property Director (Age 68)
- Mr. David G. Silverman, Property Director (Age 49)
How do I buy shares of Derwent London?
Shares of DLN 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 Derwent London's stock price today?
One share of DLN stock can currently be purchased for approximately GBX 3,088.
How big of a company is Derwent London?
Derwent London has a market capitalization of £3.45 billion and generates £228.50 million in revenue each year.
What is Derwent London's official website?
How can I contact Derwent London?
Derwent London's mailing address is 25 Savile Row, LONDON, W1S 2ER, United Kingdom. The real estate investment trust can be reached via phone at +44-20-76593000.
MarketBeat Community Rating for Derwent London (LON DLN)
MarketBeat's community ratings are surveys of what our community members think about Derwent London and other stocks. Vote "Outperform" if you believe DLN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DLN will underperform the S&P 500 over the long term. You may vote once every thirty days.
