LON:MER

Mears Group (MER) Share Price, News & Analysis

GBX 359
+4.00 (+1.13%)
(As of 04/29/2024 ET)
Today's Range
355
361
50-Day Range
337.50
373
52-Week Range
223
379.50
Volume
214,437 shs
Average Volume
505,026 shs
Market Capitalization
£349.88 million
P/E Ratio
1,380.77
Dividend Yield
3.06%
Price Target
GBX 420

Mears Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.0% Upside
GBX 420 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.77mentions of Mears Group in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
£7.02 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.79 out of 5 stars

MER stock logo

About Mears Group Stock (LON:MER)

Mears Group plc, through its subsidiaries, provides various 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/social housing management, 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.

MER Stock Price History

MER Stock News Headlines

The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Mears Group Insider Ups Holding During Year
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
25 years of Mer-Mer's Bakery in Knoxville
Is Mears Group plc (LON:MER) Potentially Undervalued?
Mears Group PLC (MM7.MU)
Mears Group (LON:MER) Is Increasing Its Dividend To £0.037
Jim Clarke Buys Handful Of Shares In Mears Group
MER.L - Mears Group plc
See More Headlines
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Company Calendar

Last Earnings
8/13/2019
Today
4/29/2024

Industry, Sector and Symbol

Industry
Personal Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
5,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 420
High Stock Price Target
GBX 420
Low Stock Price Target
GBX 420
Potential Upside/Downside
+17.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
£35.20 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£1.09 billion
Cash Flow
GBX 153.41 per share
Book Value
GBX 198 per share

Miscellaneous

Free Float
N/A
Market Cap
£349.88 million
Optionable
Not Optionable
Beta
1.18
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Key Executives

  • Mr. Andrew C. M. Smith (Age 52)
    CFO & Executive Director
    Comp: $578k
  • Mr. Lucas Critchley (Age 42)
    CEO & Executive Director
  • Mr. Jason Burt (Age 58)
    Group Director of Health, Safety, & Compliance
    Comp: $18k
  • Mr. John Taylor
    Chief Operating Officer of Mears Housing
  • Jonathan Mallen-Beadle
    Managing Director of Mears Living
  • Mr. Ben Westran (Age 47)
    Company Secretary
  • Ms. Bernadette Walsh (Age 62)
    Chief Operating Officer of Mears Care

MER Stock Analysis - Frequently Asked Questions

Should I buy or sell Mears Group stock right now?

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.

What is Mears Group's stock price target for 2024?

1 Wall Street analysts have issued 1 year target prices for Mears Group's stock. Their MER share price targets range from GBX 420 to GBX 420. On average, they anticipate the company's share price to reach GBX 420 in the next twelve months. This suggests a possible upside of 17.0% 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 2024?

Mears Group's stock was trading at GBX 310 at the beginning of 2024. Since then, MER stock has increased by 15.8% and is now trading at GBX 359.
View the best growth stocks for 2024 here
.

How were Mears Group's earnings last quarter?

Mears Group plc (LON:MER) issued its earnings results on Tuesday, August, 13th. The company reported $9.16 EPS for the quarter. Mears Group had a net margin of 3.23% and a trailing twelve-month return on equity of 17.70%.

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

Mears Group declared a dividend on Thursday, April 25th. Shareholders of record on Thursday, June 27th will be given a dividend of GBX 9.30 per share on Tuesday, July 16th. This represents a yield of 2.66%. The ex-dividend date is Thursday, June 27th. This is a boost from the stock's previous dividend of GBX 3.70. 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 11 per share and currently has a dividend yield of 2.98%. The dividend payout ratio is 4,230.77%. 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 Merchants Trust (MRCH).

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.

This page (LON:MER) was last updated on 4/29/2024 by MarketBeat.com Staff

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