LON:DLNDerwent London Share Price, Forecast & News

GBX 2,940

+2.00 (+0.07 %)

(As of 05/29/2020 02:39 PM ET)

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Today's Range

2,920.63

Now: GBX 2,940▼

3,024

50-Day Range

2,772

MA: GBX 3,075.32▼

3,614

52-Week Range

2,462

Now: GBX 2,940▼

4,362

Volume490,611 shs

Average Volume287,770 shs

Market Capitalization£3.29 billion

P/E Ratio11.62

Dividend Yield2.58%

BetaN/A

Derwent London plc owns 86 buildings in a commercial real estate portfolio predominantly in central London valued at £5.2 billion (including joint ventures) as at 31 December 2018, 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 5.4 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 2018 the Group won Property Week Property Company of the Year and EG Offices Company of the Year, whilst White Collar Factory scooped RIBA National and London awards, RICS National and London awards, two BCO awards for Commercial Workplace and Innovation, an EG Creative Places award and an NLA Wellbeing award. 25 Savile Row also won RIBA National and London awards and SKA Gold for the fit-out. In 2017 the Group collected the Property Week Developer of the Year award and EG Offices Company of the Year and won further awards from RIBA, Civic Trust and BCO. In 2013 Derwent London launched a voluntary Community Fund and has to date supported 70 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.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Derwent London has received a consensus rating of Hold. The company's average rating score is 2.06, and is based on 5 buy ratings, 7 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 3,619, Derwent London has a potential upside of 23.1% from its current price of GBX 2,940.
Amount of Analyst Coverage
Derwent London has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.8 Community Rank

Outperform Votes
Derwent London has received 367 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Derwent London has received 656 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Derwent London has received 64.13% “underperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Leadership
Derwent London is a leading dividend payer. It pays a dividend yield of 2.58%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Derwent London does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Derwent London is 28.45 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Derwent London insiders have sold 183.77% more of their company's stock than they have bought. Specifically, they have bought £102,620 in company stock and sold £291,202.67 in company stock.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Derwent London are expected to decrease by -100.00% in the coming year, from £111 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Derwent London is 11.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.37.
Price to Earnings Ratio vs. Sector
The P/E ratio of Derwent London is 11.62, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.12.
Price to Book Value per Share Ratio
Derwent London has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.72 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry REIT - Diversified

Sub-IndustryN/A

SectorReal Estate

Current SymbolLON:DLN

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.derwentlondon.com

Phone+44-20-76593000

Debt

Debt-to-Equity Ratio23.23

Current Ratio2.40

Quick Ratio0.81

Price-To-Earnings

Trailing P/E Ratio11.62

Forward P/E Ratio0.26

P/E GrowthN/A

Sales & Book Value

Annual Sales£232.20 million

Price / Sales14.17

Cash FlowGBX 51.35 per share

Price / Cash Flow57.25

Book ValueGBX 3,955.50 per share

Price / Book0.74

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees124

Outstanding Shares111,946,000

Market Cap£3.29 billion

Next Earnings Date8/11/2020 (Estimated)

OptionableOptionable

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Derwent London (LON:DLN) Frequently Asked Questions

How has Derwent London's stock been impacted by COVID-19 (Coronavirus)?

Derwent London's stock was trading at GBX 3,718 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DLN shares have decreased by 20.9% and is now trading at GBX 2,940. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Derwent London?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Derwent London in the last year. There are currently 4 sell ratings, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Derwent London.

When is Derwent London's next earnings date?

Derwent London is scheduled to release its next quarterly earnings announcement on Tuesday, August 11th 2020. View our earnings forecast for Derwent London.

How were Derwent London's earnings last quarter?

Derwent London Plc (LON:DLN) released its quarterly earnings results on Thursday, August, 9th. The real estate investment trust reported $51.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $50.30 by $1.50. View Derwent London's earnings history.

How often does Derwent London pay dividends? What is the dividend yield for Derwent London?

Derwent London announced a dividend on Tuesday, February 25th. Investors of record on Thursday, April 30th will be paid a dividend of GBX 51.45 per share on Friday, June 5th. This represents a dividend yield of 1.21%. The ex-dividend date of this dividend is Thursday, April 30th. This is a positive change from Derwent London's previous dividend of GBX 21. The official announcement can be seen at this link. View Derwent London's dividend history.

What price target have analysts set for DLN?

16 analysts have issued 12-month price objectives for Derwent London's stock. Their forecasts range from GBX 2,750 to GBX 4,580. On average, they expect Derwent London's stock price to reach GBX 3,619 in the next year. This suggests a possible upside of 23.1% from the stock's current price. View analysts' price targets for Derwent London.

Has Derwent London been receiving favorable news coverage?

Media stories about DLN stock have been trending negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Derwent London earned a news impact score of -2.4 on InfoTrie's scale. They also gave press coverage about the real estate investment trust 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 near future. View the latest news aboutDerwent London.

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), Charter Hall Group (CHC), UNITE Group (UTG), H&R Real Estate Investment Trust (HR.UN), Growthpoint Properties Australia (GOZ), Charter Hall Long WALE REIT (CLW), Viva Energy Reit (VVR), Great Portland Estates (GPOR), Abacus Property Group (ABP), Cominar REIT (CUF.UN), Centuria Metropolitan REIT (CMA), Crombie Real Estate Investment Trust (CRR.UN) and Artis Real Estate Investment Trust Unit (AX.UN). View all competitors.

What other stocks do shareholders of Derwent London own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Derwent London investors own include Oracle (ORCL), IP Group (IPO), London Stock Exchange Group (LSE), Petrofac (PFC), Agios Pharmaceuticals (AGIO), Celgene (CELG), CLS (CLI), GIVAUDAN SA/ADR (GVDNY), Homeserve (HSV) and Mercadolibre (MELI).

Who are Derwent London's key executives?

Derwent London's management team includes the following 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 & Exec. Director (Age 56)
Mr. Simon P. Silver, Property Director & Exec. Director (Age 68)
Mr. Paul Malcolm Williams, Property Director & Director (Age 58)

What is Derwent London's stock symbol?

Derwent London trades on the London Stock Exchange (LON) under the ticker symbol "DLN."

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 2,940.

How big of a company is Derwent London?

Derwent London has a market capitalization of £3.29 billion and generates £232.20 million in revenue each year. Derwent London employs 124 workers across the globe.

What is Derwent London's official website?

The official website for Derwent London is www.derwentlondon.com.

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.

This page was last updated on 5/29/2020 by MarketBeat.com Staff