Gem Diamonds (GEMD) Share Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gem Diamonds in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GEMD shares.
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2 brokerages have issued 1-year price targets for Gem Diamonds' stock. Their GEMD share price forecasts range from GBX 40 to GBX 45. On average, they expect the company's stock price to reach GBX 42.50 in the next twelve months. This suggests a possible upside of 73.5% from the stock's current price.
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Gem Diamonds' stock was trading at GBX 32.50 at the beginning of the year. Since then, GEMD shares have decreased by 24.6% and is now trading at GBX 24.50.
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Gem Diamonds (LON:GEMD) pays an annual dividend of GBX 2 per share and currently has a dividend yield of 7.51%. GEMD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 3,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GEMD.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gem Diamonds investors own include Dominion Diamond (DDC), Stillwater Mining (SWC), Iofina (IOF), Petra Diamonds (PDL), Botswana Diamonds (BOD), Lucara Diamond (LUC), Rio Tinto Group (RIO), Sirius Minerals (SXX), Acadia Healthcare (ACHC) and Aston Martin Lagonda Global (AML).

Gem Diamonds trades on the London Stock Exchange (LON) under the ticker symbol "GEMD."

Shares of GEMD 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.
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One share of GEMD stock can currently be purchased for approximately GBX 24.50.

Gem Diamonds (LON:GEMD) has a market capitalization of £34.16 million and generates £188.94 million in revenue each year. The company earns £10.18 million in net income (profit) each year or GBX 0.06 on an earnings per share basis.

The company employs 353 workers across the globe.

Gem Diamonds' mailing address is 2 Eaton Gate, LONDON, SW1W 9BJ, United Kingdom. The official website for the company is www.gemdiamonds.com. The company can be reached via phone at +44-20-30430280.