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S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
The $193 Billion US-China War You Don't Know About (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: Wall Street subdued as it inches toward bull market
The $193 Billion US-China War You Don't Know About (Ad)
Tesla: How and Why It Gets To $300
Wheat prices jump following collapse of major dam in southern Ukraine
The $193 Billion US-China War You Don't Know About (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
The $193 Billion US-China War You Don't Know About (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: Wall Street subdued as it inches toward bull market
The $193 Billion US-China War You Don't Know About (Ad)
Tesla: How and Why It Gets To $300
Wheat prices jump following collapse of major dam in southern Ukraine
The $193 Billion US-China War You Don't Know About (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
The $193 Billion US-China War You Don't Know About (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: Wall Street subdued as it inches toward bull market
The $193 Billion US-China War You Don't Know About (Ad)
Tesla: How and Why It Gets To $300
Wheat prices jump following collapse of major dam in southern Ukraine
The $193 Billion US-China War You Don't Know About (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
It Is Not Too Late To “Git” On Board With GitLab 
LON:MER

Mears Group (MER) Share Forecast, Price & News

GBX 252
+10.50 (+4.35%)
(As of 01:55 PM ET)
Compare
Today's Range
249.10
252.85
50-Day Range
196
248
52-Week Range
178.50
252.85
Volume
121,875 shs
Average Volume
249,664 shs
Market Capitalization
£278.81 million
P/E Ratio
1,008.00
Dividend Yield
3.57%
Price Target
GBX 275

Mears Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
12.2% Upside
GBX 275 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
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.

1.74 out of 5 stars


MER stock logo

About Mears Group (LON:MER) Stock

Mears Group plc, through its subsidiaries, provides a range of outsourced services to the public and private sectors in the United Kingdom. It offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services. The company also provides housing management services, which include supply of affordable homes to public and private sectors, emergency and temporary accommodation services, affordable housing services, housing with care services, and housing services to government departments. In addition, it offers house building services; and facilities management services to the public and private sectors, including defense estates, education, healthcare, public buildings, and commercial office accommodation. The company was founded in 1988 and is headquartered in Gloucester, the United Kingdom.

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MER Stock News Headlines

146 Pounds of Graphite Needed for Each EV
Graphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.
146 Pounds of Graphite Needed for Each EV
Graphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.
Mears Middle School
Peel Hunt Reaffirms Buy Rating for Mears Group (LON:MER)
Mears Group PLC (MER.AQ)
When Should You Buy Mears Group plc (LON:MER)?
Mears Group
Mears Group plc (MER.L)
See More Headlines

MER Price History

MER Company Calendar

Last Earnings
8/13/2019
Today
6/07/2023
Ex-Dividend for 7/27 Dividend
7/06/2023
Dividend Payable
7/27/2023

Industry, Sector and Symbol

Industry
Business Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
5,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
GBX 275
High Stock Price Forecast
GBX 275
Low Stock Price Forecast
GBX 275
Forecasted Upside/Downside
+12.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
£27.81 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£959.61 million
Cash Flow
GBX 104.69 per share
Book Value
GBX 191 per share

Miscellaneous

Free Float
N/A
Market Cap
£271.07 million
Optionable
Not Optionable
Beta
1.07

Key Executives

  • Mr. David J. Miles (Age 57)
    CEO & Director
    Comp: $838k
  • Mr. Andrew C. M. Smith (Age 51)
    CFO & Exec. Director
    Comp: $553k
  • Mr. Lucas Critchley
    Chief Operating Officer
  • Mr. John Taylor
    Chief Operating Officer of Mears Housing
  • Ms. Tanya Srikandan
    Head of Commercial
  • Jonathan Mallen-Beadle
    Managing Director of Mears Living
  • Jacqui McKinlay
    Chief Exec. of the Centre for Public Scrutiny
  • Mr. Ben Westran (Age 46)
    Company Sec.
  • Ms. Bernadette Walsh (Age 61)
    Chief Operating Officer of Mears Care













MER Stock - Frequently Asked Questions

Should I buy or sell Mears Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mears Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MER shares.
View MER analyst ratings
or view top-rated stocks.

What is Mears Group's stock price forecast for 2023?

1 brokers have issued 1-year price objectives for Mears Group's stock. Their MER share price forecasts range from GBX 275 to GBX 275. On average, they expect the company's share price to reach GBX 275 in the next twelve months. This suggests a possible upside of 12.2% from the stock's current price.
View analysts price targets for MER
or view top-rated stocks among Wall Street analysts.

How have MER shares performed in 2023?

Mears Group's stock was trading at GBX 208 at the beginning of 2023. Since then, MER shares have increased by 17.8% and is now trading at GBX 245.
View the best growth stocks for 2023 here
.

How were Mears Group's earnings last quarter?

Mears Group plc (LON:MER) announced its quarterly earnings data on Tuesday, August, 13th. The company reported $9.16 earnings per share for the quarter. Mears Group had a net margin of 2.95% and a trailing twelve-month return on equity of 13.74%.

How often does Mears Group pay dividends? What is the dividend yield for Mears Group?

Mears Group announced a dividend on Friday, April 28th. Stockholders of record on Thursday, July 6th will be given a dividend of GBX 7.25 per share on Thursday, July 27th. This represents a dividend yield of 3%. The ex-dividend date is Thursday, July 6th. This is a boost from the stock's previous dividend of GBX 3.25. The official announcement can be seen at this link.
Read our dividend analysis for MER
.

Is Mears Group a good dividend stock?

Mears Group (LON:MER) pays an annual dividend of GBX 9 per share and currently has a dividend yield of 3.63%. The dividend payout ratio is 3,600.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MER.

What other stocks do shareholders of Mears Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mears Group investors own include Topps Tiles (TPT), Vertu Motors (VTU), BT Group (BT), Smiths News Plc (CNCT.L) (CNCT), Debenhams (DEB), Laird (LRD), Kier Group (KIE), Malibu Boats (MBUU) and The Merchants Trust (MRCH).

What is Mears Group's stock symbol?

Mears Group trades on the London Stock Exchange (LON) under the ticker symbol "MER."

How do I buy shares of Mears Group?

Shares of MER 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 Mears Group's stock price today?

One share of MER stock can currently be purchased for approximately GBX 245.

How much money does Mears Group make?

Mears Group (LON:MER) has a market capitalization of £271.07 million and generates £959.61 million in revenue each year. The company earns £27.81 million in net income (profit) each year or GBX 0.25 on an earnings per share basis.

How many employees does Mears Group have?

The company employs 5,400 workers across the globe.

How can I contact Mears Group?

Mears Group's mailing address is 1390 Montpelier Court Gloucester Business Park, Brockworth, GLOUCESTER, GL3 4AH, United Kingdom. The official website for the company is www.mearsgroup.co.uk. The company can be reached via phone at +44-87-06071400.

This page (LON:MER) was last updated on 6/7/2023 by MarketBeat.com Staff

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