LON:LMP

LondonMetric Property Share Forecast, Price & News

GBX 250.40

-0.20 (-0.08 %)

(As of 09/22/2021 12:00 AM ET)

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Today's Range

250.20

▼

252.60

50-Day Range

242

▼

265.20

52-Week Range

204.80

▼

265.40

Volume1.51 million shs

Average Volume1.86 million shs

Market Capitalization£2.28 billion

P/E Ratio8.79

Dividend Yield3.49%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About LondonMetric Property

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.

Insider Selling: LondonMetric Property Plc (LON:LMP) Insider Sells 16,000 Shares of Stock
September 21, 2021 | americanbankingnews.com

LondonMetric Property (LON:LMP) Share Price Crosses Below 200-Day Moving Average of $397.57
September 16, 2021 | americanbankingnews.com

The best FTSE 250 shares to buy for the stock market recovery
September 7, 2021 | fool.co.uk

LondonMetric sells Liverpool building for £10.2m
September 4, 2021 | lse.co.uk

LondonMetric Property (LON:LMP) Hits New 52-Week High at $265.30
September 1, 2021 | americanbankingnews.com

Shareholders Of LondonMetric Property (LON:LMP) Must Be Happy With Their 68% Return
May 18, 2021 | finance.yahoo.com

Here's What We Think About LondonMetric Property's (LON:LMP) CEO Pay
February 17, 2021 | finance.yahoo.com

LondonMetric Buys Seven Convenience Service Stations For GBP22 Million
February 2, 2021 | lse.co.uk

LondonMetric Buys Two Urban Logistics Warehouses For GBP13 Million
January 27, 2021 | lse.co.uk

LondonMetric Collects 98% Of December Monthly And Quarterly Rents Due
January 14, 2021 | lse.co.uk

See More Headlines

Industry, Sector and Symbol

Stock Exchange LON
Industry Property Management
Sub-IndustryN/A
SectorFinance
Current SymbolLON:LMP
Previous SymbolLON:LSP
CUSIPN/A
CIKN/A
Weblondonmetric.com
Phone+44-20-74849000
Employees147,000
Year FoundedN/A

Sales & Book Value

Annual Sales£129.10 million
Price / Sales17.66
Cash FlowGBX 5.70 per share
Price / Cash Flow43.93
Book ValueGBX 191.30 per share
Price / Book1.31

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares910,305,024
Market Cap£2.28 billion
Next Earnings Date11/17/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.74 out of 5 stars

1.3 Analyst's Opinion

Consensus Rating
LondonMetric Property has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 250, LondonMetric Property has a forecasted downside of 0.2% from its current price of GBX 250.40.
Amount of Analyst Coverage
LondonMetric Property has only been the subject of 1 research reports in the past 90 days.

3.6 Community Rank

Outperform Votes
LondonMetric Property has received 399 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
LondonMetric Property has received 332 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
LondonMetric Property has received 54.58% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about LondonMetric Property and other stocks. Vote “Outperform” if you believe LMP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LMP will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
LondonMetric Property pays a meaningful dividend of 3.49%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
LondonMetric Property does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of LondonMetric Property is 31.58%. This payout ratio is at a healthy, sustainable level, below 75%.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, LondonMetric Property insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £39,520 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of LondonMetric Property is 8.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of LondonMetric Property is 8.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.12.
Price to Book Value per Share Ratio
LondonMetric Property has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

LondonMetric Property (LON:LMP) Frequently Asked Questions

Is LondonMetric Property a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LondonMetric Property in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LondonMetric Property stock.
View analyst ratings for LondonMetric Property or view top-rated stocks.

What stocks does MarketBeat like better than LondonMetric Property?

Wall Street analysts have given LondonMetric Property a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but LondonMetric Property wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is LondonMetric Property's next earnings date?

LondonMetric Property is scheduled to release its next quarterly earnings announcement on Wednesday, November 17th 2021.
View our earnings forecast for LondonMetric Property.

How were LondonMetric Property's earnings last quarter?

LondonMetric Property Plc (LON:LMP) announced its quarterly earnings results on Wednesday, November, 28th. The company reported $4.40 EPS for the quarter, beating analysts' consensus estimates of $4.40 by $0.00.
View LondonMetric Property's earnings history.

How has LondonMetric Property's stock price been impacted by Coronavirus (COVID-19)?

LondonMetric Property's stock was trading at GBX 201.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LMP stock has increased by 24.1% and is now trading at GBX 250.40.
View which stocks have been most impacted by COVID-19.

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

LondonMetric Property announced a dividend on Wednesday, August 25th. Investors of record on Thursday, September 2nd will be given a dividend of GBX 2.20 per share on Friday, October 8th. This represents a yield of 0.85%. The ex-dividend date is Thursday, September 2nd. The official announcement can be seen at this link.
View LondonMetric Property's dividend history.

Is LondonMetric Property a good dividend stock?

LondonMetric Property pays an annual dividend of GBX 9 per share and currently has a dividend yield of 3.49%. The dividend payout ratio of LondonMetric Property is 31.58%. This payout ratio is at a healthy, sustainable level, below 75%.
View LondonMetric Property's dividend history.

What price target have analysts set for LMP?

6 brokerages have issued 1-year target prices for LondonMetric Property's stock. Their forecasts range from GBX 225 to GBX 270. On average, they expect LondonMetric Property's share price to reach GBX 250 in the next twelve months. This suggests that the stock has a possible downside of 0.2%.
View analysts' price targets for LondonMetric Property or view top-rated stocks among Wall Street analysts.

Who are LondonMetric Property's key executives?

LondonMetric Property's management team includes the following people:

Mr. Andrew M. Jones, CEO & Exec. Director (Age 52, Pay $1.53M)
Mr. Martin Francis McGann, Fin. Director & Exec. Director (Age 60, Pay $930k)
Mr. Valentine Beresford, Investment Director (Age 56, Pay $474k)
Mr. Gareth Price, Head of Investor Relations
Ms. Jackie E. Jessop, Head of Fin. (Age 52)
Mr. William Evers, Head of Long Income
Ms. Jadzia Duzniak, Company Sec. (Age 54)
Mr. Andrew Smith, Strategy Director
Nick Minto, Portfolio Management Exec.
Ritesh Patel, Forecasting & Corp. Fin. Exec.

Who are some of LondonMetric Property's key competitors?

Some companies that are related to LondonMetric Property include Altus Group (AIF), Grainger (GRI), Capital & Counties Properties PLC (CAPC), Daejan (DJAN), Helical (HLCL), LSL Property Services (LSL), Bridgemarq Real Estate Services (BRE), Countrywide (CWD), Palace Capital (PCA), The Conygar Investment (CIC), Urbanfund (UFC), M Winkworth (WINK), Cardiff Property (CDFF), Wynnstay Properties (WSP) and HML Holdings plc (HMLH.L) (HMLH).
View all of LMP's competitors.

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), The Boeing (BA), Masimo (MASI), Rolls-Royce (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 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 250.40.

How much money does LondonMetric Property make?

LondonMetric Property has a market capitalization of £2.28 billion and generates £129.10 million in revenue each year.

How many employees does LondonMetric Property have?

LondonMetric Property employs 147,000 workers across the globe.

What is LondonMetric Property's official website?

The official website for LondonMetric Property is londonmetric.com.

Where are LondonMetric Property's headquarters?

LondonMetric Property is headquartered at 1 Curzon Street, LONDON, W1J 5HB, United Kingdom.

How can I contact LondonMetric Property?

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

This page was last updated on 9/22/2021 by MarketBeat.com Staff

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