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LON:LMP

LondonMetric Property - LMP Share Forecast, Price & News

GBX 235.80
-7.40 (-3.04%)
(As of 08/19/2022 04:35 PM ET)
Add
Compare
Today's Range
235.40
246
50-Day Range
225.60
250.80
52-Week Range
224.60
287.20
Volume
871,966 shs
Average Volume
2.47 million shs
Market Capitalization
£2.31 billion
P/E Ratio
302.31
Dividend Yield
4.36%
Price Target
GBX 299.67

LondonMetric Property MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
27.1% Upside
GBX 299.67 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
£66.32 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.01 out of 5 stars

LMP stock logo

About LondonMetric Property (LON:LMP) Stock

LondonMetric is a FTSE 250 REIT that owns one of the UK's leading listed logistics platforms alongside a diversified long income portfolio, with 16 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.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on LMP shares. Shore Capital reissued a "buy" rating on shares of LondonMetric Property in a research report on Tuesday, June 28th. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 280 ($3.38) target price on shares of LondonMetric Property in a research report on Thursday, May 5th. Royal Bank of Canada restated an "outperform" rating and set a GBX 305 ($3.69) price target on shares of LondonMetric Property in a research note on Friday, May 13th. Barclays dropped their target price on shares of LondonMetric Property from GBX 320 ($3.87) to GBX 280 ($3.38) and set an "overweight" rating for the company in a research report on Monday, July 4th. Finally, Morgan Stanley reissued an "overweight" rating on shares of LondonMetric Property in a research note on Wednesday, May 11th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of GBX 299.67 ($3.62).

LondonMetric Property Stock Down 2.3 %

Shares of LON:LMP traded down GBX 5.60 ($0.07) on Friday, hitting GBX 237.60 ($2.87). The company had a trading volume of 201,747 shares, compared to its average volume of 2,469,432. The firm has a market capitalization of £2.33 billion and a P/E ratio of 308.46. LondonMetric Property has a 12-month low of GBX 224.60 ($2.71) and a 12-month high of GBX 287.20 ($3.47). The company has a quick ratio of 0.98, a current ratio of 1.46 and a debt-to-equity ratio of 39.93. The business has a 50 day moving average of GBX 239.43 and a two-hundred day moving average of GBX 253.72.

LondonMetric Property Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 13th. Investors of record on Thursday, June 9th were issued a GBX 2.65 ($0.03) dividend. The ex-dividend date was Thursday, June 9th. This represents a yield of 1.07%. This is an increase from LondonMetric Property's previous dividend of $2.20. LondonMetric Property's dividend payout ratio is currently 11.47%.

Insider Activity at LondonMetric Property

In related news, insider Andrew Jones sold 281,030 shares of the stock in a transaction dated Tuesday, June 14th. The stock was sold at an average price of GBX 236 ($2.85), for a total value of £663,230.80 ($801,390.53). In other news, insider Alistair Elliott acquired 50,000 shares of the business's stock in a transaction on Thursday, June 16th. The shares were purchased at an average price of GBX 236 ($2.85) per share, for a total transaction of £118,000 ($142,580.96). Also, insider Andrew Jones sold 281,030 shares of the company's stock in a transaction that occurred on Tuesday, June 14th. The shares were sold at an average price of GBX 236 ($2.85), for a total value of £663,230.80 ($801,390.53).

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LMP Stock News Headlines

LondonMetric Property PLC - Stock Chart
LondonMetric Property Plc (LMP.L)
Citi upgrades LondonMetric to 'buy'
LONDONMETRIC PROPERTY (5PP.MU)
Which way to trade Londonmetric Property (LON:LMP)?
See More Headlines
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LMP Company Calendar

Last Earnings
11/28/2018
Ex-Dividend for 7/13 Dividend
6/09/2022
Dividend Payable
7/13/2022
Today
8/19/2022
Next Earnings (Estimated)
11/16/2022

Industry, Sector and Symbol

Industry
Property Management
Sub-Industry
N/A
Sector
Finance
CIK
N/A
Fax
N/A
Employees
31
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
GBX 299.67
High Stock Price Forecast
GBX 340
Low Stock Price Forecast
GBX 280
Forecasted Upside/Downside
+27.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£156.50 million
Cash Flow
GBX 5.04 per share
Book Value
GBX 262.30 per share

Miscellaneous

Free Float
N/A
Market Cap
£2.31 billion
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Patrick Lionel Vaughan (Age 73)
    Co-Founder & Non-Exec. Chairman
    Comp: $216k
  • Mr. Andrew M. Jones BSc (Hons) (Age 53)
    MRICS, CEO & Exec. Director
    Comp: $1.51M
  • Mr. Martin Francis McGann ACA (Age 61)
    B.Sc (Hons), Fin. Director & Exec. Director
    Comp: $936k
  • Ms. Jackie E. Jessop (Age 53)
    Head of Fin.
  • Mr. Valentine Beresford (Age 57)
    Investment Director
  • Mr. Gareth Price
    Head of Investor Relations & Sustainability
  • Mr. William Evers
    Head of Long Income
  • Ms. Jadzia Duzniak (Age 55)
    Company Sec.
  • Mr. Andrew Smith
    Strategy Director
  • Mr. Ritesh Patel
    Forecasting & Corp. Fin. Exec.













LMP Stock - Frequently Asked Questions

Should I buy or sell LondonMetric Property stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LondonMetric Property in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LMP shares.
View LMP analyst ratings
or view top-rated stocks.

What is LondonMetric Property's stock price forecast for 2022?

7 Wall Street analysts have issued 1 year price objectives for LondonMetric Property's stock. Their LMP share price forecasts range from GBX 280 to GBX 340. On average, they anticipate the company's stock price to reach GBX 299.67 in the next year. This suggests a possible upside of 27.1% 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 2022?

LondonMetric Property's stock was trading at GBX 283.40 at the start of the year. Since then, LMP stock has decreased by 16.8% and is now trading at GBX 235.80.
View the best growth stocks for 2022 here
.

When is LondonMetric Property's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 16th 2022.
View our LMP earnings forecast
.

How were LondonMetric Property's earnings last quarter?

LondonMetric Property Plc (LON:LMP) released its earnings results on Wednesday, November, 28th. The company reported $4.40 earnings per share for the quarter, beating the consensus estimate of $4.40 by $0.00.

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

LondonMetric Property declared a dividend on Thursday, May 26th. Stockholders of record on Thursday, June 9th will be paid a dividend of GBX 2.65 per share on Wednesday, July 13th. This represents a dividend yield of 1.07%. The ex-dividend date is Thursday, June 9th. This is a boost from the stock's previous dividend of GBX 2.20. 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 0.09 per share and currently has a dividend yield of 4.36%. LMP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 11.47%. This payout ratio is at a healthy, sustainable level, below 75%.
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), Cheniere Energy (LNG), 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).

What is LondonMetric Property's stock symbol?

LondonMetric Property trades on the London Stock Exchange (LON) under the ticker symbol "LMP."

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.

What is LondonMetric Property's stock price today?

One share of LMP stock can currently be purchased for approximately GBX 235.80.

How much money does LondonMetric Property make?

LondonMetric Property (LON:LMP) has a market capitalization of £2.31 billion and generates £156.50 million in revenue each year.

How can I contact LondonMetric Property?

LondonMetric Property's mailing address is 1 Curzon Street, LONDON, W1J 5HB, United Kingdom. The official website for the company is londonmetric.com. The company can be reached via phone at +44-20-74849000.

This page (LON:LMP) was last updated on 8/19/2022 by MarketBeat.com Staff

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