MJ Gleeson (GLE) Share Price, News & Analysis

Company Overview

MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land. Gleeson Homes is the leading low-cost, affordable housebuilder with the vision of "Building Homes. Changing Lives." Focusing on areas where affordable housing is most needed in the Midlands and North of England, Gleeson Homes' average selling price was £193,900, 34% lower than other housebuilders average selling price of £291,700 in the same geographic regions. This means that a couple earning the National Living Wage can afford to buy a home on any Gleeson Homes development. Gleeson Land, which operates across the South of England and the Midlands, is the Group's land promotion division. To deliver on its vision of "Promoting Land. Unlocking Value", the division carefully identifies sustainable development opportunities which it then promotes through the residential planning system and sells on behalf of the landowner. Gleeson Land is a pioneer of data analytics in the land promotion space, which it leverages to secure new promotion agreements and deliver successful planning outcomes. In July 2023, the Company held a Capital Markets Day titled 'Putting in place the foundations for growth', where it set a medium-term target within a stable market environment to reach 3,000 annual completions. More details on the Company can be found at: https://www.mjgleesonplc.com/

Key Stats

• Today's Range: 353 to 364
• 50-Day Range: 353 to 530
• 52-Week Range: 344.11 to 654
• Volume: 101,090 shs
• Average Volume: 160,957 shs
• Market Capitalization: £213.50 million
• P/E Ratio: 11.05
• Dividend Yield: 3.12%
• Price Target: GBX 643
• Consensus Rating: Buy

MJ Gleeson Stock Analysis - MarketRank™

MJ Gleeson scored higher than 76% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

MJ Gleeson has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

MJ Gleeson has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of MJ Gleeson is 11.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of MJ Gleeson is 11.05, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 68.63.

Price to Book Value per Share Ratio

MJ Gleeson has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GLE.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

MJ Gleeson pays a meaningful dividend of 2.22%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

MJ Gleeson does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of MJ Gleeson is 34.43%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for GLE.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

MJ Gleeson has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Consumer Cyclical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for MJ Gleeson this week, compared to 2 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, MJ Gleeson insiders have bought more of their company's stock than they have sold. Specifically, they have bought £60,511.04 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

16.85% of the stock of MJ Gleeson is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

58.56% of the stock of MJ Gleeson is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GLE Stock Analysis - Frequently Asked Questions

How have GLE shares performed this year?

MJ Gleeson's stock was trading at GBX 505 on January 1st, 2025. Since then, GLE shares have decreased by 30.1% and is now trading at GBX 353.

How were MJ Gleeson's earnings last quarter?

MJ Gleeson plc (LON:GLE) released its quarterly earnings results on Tuesday, February, 11th. The company reported $4.80 earnings per share for the quarter. MJ Gleeson had a trailing twelve-month return on equity of 6.60% and a net margin of 5.59%.
Read the conference call transcript.

How do I buy shares of MJ Gleeson?

Shares of GLE 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.

What other stocks do shareholders of MJ Gleeson own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MJ Gleeson investors own include Galliford Try (GFRD), Barratt Developments (BDEV), Taylor Wimpey (TW), Egalet (EGLT), Legal & General Group (LGEN), Prudential (PRU) and AutoZone (AZO).

Company Calendar

• Last Earnings: 2/11/2025
• Today: 8/01/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Cyclical
• Industry: Residential Construction
• Sub-Industry: N/A
• Current Symbol: LON:GLE
• CIK: N/A
• Web: www.mjgleeson.com
• Phone: 44 1142 612 900
• Fax: N/A
• Employees: 743
• Year Founded: N/A

Price Target and Rating

• Average Price Target for MJ Gleeson: GBX 643
• High Price Target: GBX 643
• Low Price Target: GBX 643
• Potential Upside/Downside: +82.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 31.95
• Trailing P/E Ratio: 11.05
• Forward P/E Ratio: 10.05
• P/E Growth: N/A
• Net Income: £20.04 million
• Net Margins: 5.59%
• Pretax Margin: N/A
• Return on Equity: 6.60%
• Return on Assets: 4.73%

Debt

• Debt-to-Equity Ratio: 1.70
• Current Ratio: 5.79
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: £358.44 million
• Price / Sales: 0.60
• Cash Flow: GBX 58.24 per share
• Price / Cash Flow: 6.06
• Book Value: GBX 510.96 per share
• Price / Book: 0.69

Miscellaneous

• Outstanding Shares: 60,480,510
• Free Float: N/A
• Market Cap: £213.50 million
• Optionable: Not Optionable
• Beta: 1.14