LON:MER

Mears Group (MER) Share Forecast, Price & News

GBX 245

+3.50 (+1.45%)

(As of 06/2/2023 ET)

Compare

Today's Range: 241.50
▼
245
50-Day Range: 181.51
▼
247
52-Week Range: 178.50
▼
249.50

Volume: 323,842 shs
Average Volume: 249,664 shs
Market Capitalization: £271.07 million

P/E Ratio: 980.00
Dividend Yield: 3.67%
Price Target: GBX 275

Profile Analyst Ratings Chart Competitors Dividend Insider Trades Headlines

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.

2.04 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
Mears Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 275, Mears Group has a forecasted upside of 12.2% from its current price of GBX 245.
Amount of Analyst Coverage
Mears Group has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for MER.

1.7

Dividend Strength

Dividend Leadership
Mears Group is a leading dividend payer. It pays a dividend yield of 3.63%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Mears Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Mears Group is 3,600.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MER.

3.0

News and Social Media Coverage

News Sentiment
Mears Group has a news sentiment score of 1.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Mears Group this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for MER on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mears Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.79% of the stock of Mears Group is held by insiders.
Percentage Held by Institutions
99.25% of the stock of Mears Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Mears Group is 980.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 122.31.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mears Group is 980.00, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 450.36.
Price to Earnings Growth Ratio
Mears Group has a PEG Ratio of 0.68. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Mears Group has a P/B Ratio of 1.28. 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

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

May 30, 2023 | finance.yahoo.com

At UK£2.41, Is It Time To Put Mears Group plc (LON:MER) On Your Watch List?

May 21, 2023 | americanbankingnews.com

Mears Group (LON:MER) Stock Passes Above Two Hundred Day Moving Average of $204.87

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May 14, 2023 | finance.yahoo.com

Has Mears Group plc's (LON:MER) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

May 9, 2023 | finance.yahoo.com

Investors’ Chronicle: Mears, Card Factory, Lords Trading Group

April 30, 2023 | finance.yahoo.com

Mears Group Full Year 2022 Earnings: Beats Expectations

April 30, 2023 | finance.yahoo.com

Is Now The Time To Put Mears Group (LON:MER) On Your Watchlist?

April 30, 2023 | americanbankingnews.com

Mears Group (LON:MER) Stock Crosses Above 200 Day Moving Average of $200.05

June 3, 2023 | Stocks To Trade (Ad)

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April 12, 2023 | dailymail.co.uk

Bikini-clad Bianca Gasciogne and ex-Wag Charlotte Mears buddy up for a beach side break

March 31, 2023 | usnews.com

Mears Middle School

March 22, 2023 | americanbankingnews.com

Peel Hunt Reaffirms Buy Rating for Mears Group (LON:MER)

January 30, 2023 | finance.yahoo.com

The past five years for Mears Group (LON:MER) investors has not been profitable

January 26, 2023 | finance.yahoo.com

Mears Group PLC (MER.AQ)

November 25, 2022 | finance.yahoo.com

When Should You Buy Mears Group plc (LON:MER)?

November 11, 2022 | finance.yahoo.com

Here's Why Mears Group (LON:MER) Has Caught The Eye Of Investors

October 13, 2022 | bbc.co.uk

Sailor Jamie Mears died in Italy mountain bike fall

October 13, 2022 | fool.co.uk

Mears Group

October 12, 2022 | finance.yahoo.com

Mears Group plc's (LON:MER) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

October 9, 2022 | thetimes.co.uk

Ray Mears takes a swipe at David Attenborough-style nature shows

September 19, 2022 | sg.finance.yahoo.com

Mears Group plc (MER.L)

August 8, 2022 | finance.yahoo.com

Mears Group (LON:MER) Is Increasing Its Dividend To £0.0325

August 6, 2022 | finance.yahoo.com

Mears Group plc (LON:MER) insider upped their holding by 12% earlier this year

July 7, 2022 | finance.yahoo.com

An Intrinsic Calculation For Mears Group plc (LON:MER) Suggests It's 25% Undervalued

June 14, 2022 | finance.yahoo.com

Is Now An Opportune Moment To Examine Mears Group plc (LON:MER)?

May 22, 2022 | finance.yahoo.com

Mears Group plc (LON:MER) Stock Goes Ex-Dividend In Just Three Days

May 5, 2022 | finance.yahoo.com

Mears Group plc (LON:MER) Stock's On A Decline: Are Poor Fundamentals The Cause?

See More Headlines

MER Price History

30 days | 90 days | 365 days | Advanced Chart

MER Company Calendar

Last Earnings: 8/13/2019
Today: 6/03/2023
Ex-Dividend for 7/27 Dividend: 7/06/2023
Dividend Payable: 7/27/2023

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Business Services
Sub-Industry: N/A
Sector: Industrials
Current Symbol: LON:MER
CUSIP: N/A
CIK: N/A
Web: www.mearsgroup.co.uk
Phone: +44-87-06071400
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

EPS (Most Recent Fiscal Year): GBX 0.25
Trailing P/E Ratio: 980.00
Forward P/E Ratio: 9.11
P/E Growth: 0.68
Net Income: £27.81 million
Net Margins: 2.95%
Pretax Margin: N/A
Return on Equity: 13.74%
Return on Assets: 4.06%

Debt

Debt-to-Equity Ratio: 105.42
Current Ratio: 1.05
Quick Ratio: 0.92

Sales & Book Value

Annual Sales: £959.61 million
Price / Sales: 0.28
Cash Flow: GBX 104.69 per share
Price / Cash Flow: 2.34
Book Value: GBX 191 per share
Price / Book: 1.28

Miscellaneous

Outstanding Shares: 110,640,000
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

Key Competitors

View All Competitors

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 year. 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 brokerages have issued 12-month 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 stock 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) posted its quarterly earnings results 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 declared 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 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.
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 6/3/2023 by MarketBeat.com Staff

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Mears Group (MER) Share Forecast, Price & News

Mears Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Mears Group (LON:MER) Stock

MER Stock News Headlines

MER Price History

MER Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

MER Stock - Frequently Asked Questions

Overall MarketRank^™