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LON:MER

Mears Group - MER Share Forecast, Price & News

GBX 195.50
+0.50 (+0.26%)
(As of 03/28/2023 12:00 AM ET)
Add
Compare
Today's Range
181.51
▼
197
50-Day Range
195
▼
220
52-Week Range
178.50
▼
245
Volume
63,132 shs
Average Volume
148,877 shs
Market Capitalization
£217.04 million
P/E Ratio
977.50
Dividend Yield
4.60%
Price Target
GBX 275

Mears Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
40.7% 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.

2.11 out of 5 stars

See Top Rated MarketRank™ Stocks Here

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

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
March 28, 2023 | Investor Place Media (Ad)
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
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 | 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?
March 28, 2023 | Legacy Research (Affiliate) (Ad)
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
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?
March 15, 2022 | finance.yahoo.com
Shareholders in Mears Group (LON:MER) are in the red if they invested five years ago
March 1, 2022 | lse.co.uk
Mears wins new Residential Living Accommodation Project contract
February 8, 2022 | lse.co.uk
Sunday share tips: Mears Group, ProCook
February 8, 2022 | msn.com
MIDAS SHARE TIPS: Fix your finances with Mears Group - the firm repairing local authority and housing association homes
February 7, 2022 | msn.com
MIDAS SHARE TIPS: In these troubled times, fix your finances with Mears Group - the social housing maintenance firm that is repairing homes
January 14, 2022 | lse.co.uk
LONDON BRIEFING: AIM giant ASOS to move to London Main Market
December 14, 2021 | finance.yahoo.com
Mears Group plc's (LON:MER) Intrinsic Value Is Potentially 32% Above Its Share Price
November 8, 2021 | finance.yahoo.com
Is The Market Rewarding Mears Group plc (LON:MER) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
September 22, 2021 | finance.yahoo.com
What Does Mears Group plc's (LON:MER) Share Price Indicate?
August 17, 2021 | finance.yahoo.com
These 4 Measures Indicate That Mears Group (LON:MER) Is Using Debt Reasonably Well
July 12, 2021 | finance.yahoo.com
Mears Group's (LON:MER) Stock Price Has Reduced 48% In The Past Five Years
See More Headlines
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MER Company Calendar

Last Earnings
8/13/2019
Today
3/28/2023
Get Stock Alerts

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
+51.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
GBX 0.20
Trailing P/E Ratio
907.55
Forward P/E Ratio
8.52
P/E Growth
0.68
Net Income
£22.72 million
Net Margins
2.49%
Pretax Margin
N/A
Return on Equity
11.72%
Return on Assets
3.32%

Debt

Debt-to-Equity Ratio
97.38
Current Ratio
1.04
Quick Ratio
0.92

Sales & Book Value

Annual Sales
£919.66 million
Price / Sales
0.22
Cash Flow
GBX 77.56 per share
Price / Cash Flow
2.34
Book Value
GBX 195 per share
Price / Book
0.93

Miscellaneous

Outstanding Shares
111,020,000
Free Float
N/A
Market Cap
£201.51 million
Optionable
Not Optionable
Beta
1.08

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

Insiders

View All Insider Transactions













MER Stock - Frequently Asked Questions

Should I buy or sell Mears Group stock right now?

1 Wall Street equities 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 equities 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 Wall Street analysts have issued 12-month price objectives for Mears Group's shares. 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 year. This suggests a possible upside of 51.5% 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 on January 1st, 2023. Since then, MER stock has decreased by 12.7% and is now trading at GBX 181.51.
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 results on Tuesday, August, 13th. The company reported $9.16 earnings per share (EPS) for the quarter. Mears Group had a net margin of 2.49% and a trailing twelve-month return on equity of 11.72%.

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

Mears Group declared a dividend on Thursday, August 4th. Investors of record on Thursday, October 6th will be given a dividend of GBX 3.25 per share on Friday, October 28th. This represents a dividend yield of 1.63%. The ex-dividend date is Thursday, October 6th. This is a boost from the stock's previous dividend of GBX 2.50. The official announcement can be viewed 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 4.48%. MER has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 4,500.00%. 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 181.51.

How much money does Mears Group make?

Mears Group (LON:MER) has a market capitalization of £201.51 million and generates £919.66 million in revenue each year. The company earns £22.72 million in net income (profit) each year or GBX 0.20 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 3/28/2023 by MarketBeat.com Staff