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LON:LMP

LondonMetric Property (LMP) Share Price, News & Analysis

GBX 194.50
-0.40 (-0.21%)
(As of 06/14/2024 ET)
Today's Range
193.10
196.16
50-Day Range
192.50
210.20
52-Week Range
152.30
210.80
Volume
2.12 million shs
Average Volume
5.41 million shs
Market Capitalization
£3.97 billion
P/E Ratio
N/A
Dividend Yield
5.14%
Price Target
GBX 229.50

LondonMetric Property MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
18.0% Upside
GBX 229.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
£1.92 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.62 out of 5 stars

LMP stock logo

About LondonMetric Property Stock (LON:LMP)

LondonMetric is a FTSE 250 REIT that owns one of the UK's leading listed logistics platforms alongside a grocery-led long income portfolio, with 17 million sq ft under management. It owns and manages desirable real estate that meets occupiers' demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term.

LMP Stock Price History

LMP Stock News Headlines

LondonMetric Property PLC LMP
£500 to invest? A 5.5% dividend yield gem I’d buy right now
Yielding 5.5%, this stock is a great way to boost passive income
LMP.L - LondonMetric Property Plc
See More Headlines
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Company Calendar

Last Earnings
11/28/2018
Ex-Dividend for 4/8 Dividend
2/29/2024
Dividend Payable
4/08/2024
Ex-Dividend for 7/22 Dividend
6/13/2024
Today
6/15/2024
Dividend Payable
7/22/2024

Industry, Sector and Symbol

Industry
REIT - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
35
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 229.50
High Stock Price Target
GBX 230
Low Stock Price Target
GBX 229
Potential Upside/Downside
+18.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
£-181,900,000.00
Net Margins
-124.25%
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£146.40 million
Cash Flow
GBX 5.20 per share
Book Value
GBX 202 per share

Miscellaneous

Outstanding Shares
2,040,000,000
Free Float
N/A
Market Cap
£3.97 billion
Optionable
Not Optionable
Beta
0.86
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Key Executives

  • Mr. Andrew Marc Jones B.Sc (Age 56)
    B.Sc., BSc (Hons), MRICS, CEO & Executive Director
    Comp: $1.5M
  • Mr. Martin Francis McGann ACA (Age 63)
    B.Sc (Hons), Finance Director & Executive Director
    Comp: $919k
  • Mr. Valentine Tristram Beresford (Age 59)
    Investment Director
    Comp: $474k
  • Mr. Gareth Price
    Head of Investor Relations & Sustainability
  • Ms. Jackie E. Jessop (Age 55)
    Head of Finance
  • Mr. Mark Andrew Stirling (Age 61)
    Asset Director
    Comp: $469k
  • Mr. William Evers
    Head of Long Income
  • Ms. Jadzia Duzniak (Age 57)
    Company Secretary
  • Mr. Andrew Smith
    Strategy Director
  • Mr. Ritesh Patel
    Forecasting & Corporate Finance Executive

LMP Stock Analysis - Frequently Asked Questions

Should I buy or sell LondonMetric Property stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LondonMetric Property in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LMP shares.
View LMP analyst ratings
or view top-rated stocks.

What is LondonMetric Property's stock price target for 2024?

3 brokerages have issued 1 year price objectives for LondonMetric Property's shares. Their LMP share price targets range from GBX 229 to GBX 230. On average, they predict the company's share price to reach GBX 229.50 in the next twelve months. This suggests a possible upside of 18.0% from the stock's current price.
View analysts price targets for LMP
or view top-rated stocks among Wall Street analysts.

How have LMP shares performed in 2024?

LondonMetric Property's stock was trading at GBX 191.50 at the beginning of 2024. Since then, LMP stock has increased by 1.6% and is now trading at GBX 194.50.
View the best growth stocks for 2024 here
.

How were LondonMetric Property's earnings last quarter?

LondonMetric Property Plc (LON:LMP) announced its earnings results on Wednesday, November, 28th. The company reported $4.40 earnings per share for the quarter, topping the consensus estimate of $4.40 by $0.00. LondonMetric Property had a negative net margin of 124.25% and a negative trailing twelve-month return on equity of 8.19%.

How often does LondonMetric Property pay dividends? What is the dividend yield for LondonMetric Property?

LondonMetric Property announced a dividend on Tuesday, June 4th. Shareholders of record on Thursday, June 13th will be given a dividend of GBX 3 per share on Monday, July 22nd. This represents a yield of 1.44%. The ex-dividend date is Thursday, June 13th. This is an increase from the stock's previous dividend of GBX 2.40. The official announcement can be viewed at this link.
Read our dividend analysis for LMP
.

Is LondonMetric Property a good dividend stock?

LondonMetric Property (LON:LMP) pays an annual dividend of GBX 10 per share and currently has a dividend yield of 5.06%. LMP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for LMP.

What other stocks do shareholders of LondonMetric Property own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LondonMetric Property investors own include Kinder Morgan (KMI), Vectura Group (VEC), Boeing (BA), Masimo (MASI), Rolls-Royce Holdings plc (RR), Basf (BAS), Black Stone Minerals (BSM), Cracker Barrel Old Country Store (CBRL) and CDK Global (CDK).

How do I buy shares of LondonMetric Property?

Shares of LMP 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.
Compare Top Brokerages Here.

This page (LON:LMP) was last updated on 6/15/2024 by MarketBeat.com Staff

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