Mears Group (MER) Share Forecast, Price & News

1 Wall Street 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 analysts is that investors should "buy" MER shares.
View MER analyst ratings or view top-rated stocks.

1 analysts have issued 1 year target prices for Mears Group's shares. Their MER share price forecasts range from GBX 275 to GBX 275. On average, they predict the company's stock price to reach GBX 275 in the next twelve months. This suggests a possible upside of 5.8% from the stock's current price.
View analysts price targets for MER or view top-rated stocks among Wall Street analysts.

Mears Group's stock was trading at GBX 208 on January 1st, 2023. Since then, MER shares have increased by 25.0% and is now trading at GBX 260.
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Mears Group plc (LON:MER) announced its quarterly earnings results on Tuesday, August, 13th. The company reported $9.16 earnings per share (EPS) for the quarter. Mears Group had a trailing twelve-month return on equity of 13.74% and a net margin of 2.95%.

Mears Group announced a dividend on Friday, April 28th. Stockholders of record on Thursday, July 6th will be paid 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 an increase 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.

Mears Group (LON:MER) pays an annual dividend of GBX 10 per share and currently has a dividend yield of 4.12%. MER has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 3,846.15%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MER.

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).

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

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.
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One share of MER stock can currently be purchased for approximately GBX 260.

Mears Group (LON:MER) has a market capitalization of £287.30 million and generates £959.61 million in revenue each year. The company earns £27.81 million in net income (profit) each year or GBX 0.26 on an earnings per share basis.

The company employs 5,400 workers across the globe.

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.