LON:MRC Mercantile Investment Trust Share Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Mercantile Investment Trust PLC Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add GBX 172.80 +1.00 (+0.58 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range 172Now: GBX 172.80▼ 176.1750-Day Range 172.80MA: GBX 189.67▼ 204.5052-Week Range 116.68Now: GBX 172.80▼ 279.10Volume996,204 shsAverage Volume1.24 million shsMarket Capitalization£1.37 billionP/E Ratio2.83Dividend Yield2.77%BetaN/A ProfileChartCompetitorsDividendInsider TradesHeadlinesOptions Chain The Mercantile Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the United Kingdoms. The fund spreads its investments across diversified sectors. It invests in the stocks of mid and small cap companies. The fund benchmarks the performance of its portfolio against the FTSE All Share (ex FTSE 100, ex Inv Companies) Index. It was formerly known as JP Morgan Fleming Mercantile Investment Trust plc. The Mercantile Investment Trust plc was formed in December 1884 and is domiciled in the United Kingdoms.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Mercantile Investment Trust. Previous Next 2.0 Community Rank Outperform VotesMercantile Investment Trust has received 77 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMercantile Investment Trust has received 117 “underperform” votes. (Add your “underperform” vote.)Community SentimentMercantile Investment Trust has received 60.31% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Mercantile Investment Trust and other stocks. Vote “Outperform” if you believe MRC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MRC will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldMercantile Investment Trust pays a meaningful dividend of 2.77%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMercantile Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Mercantile Investment Trust is 8.20%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mercantile Investment Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought £19,902.76 in company stock and sold GBX 0 in company stock. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Mercantile Investment Trust is 2.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Mercantile Investment Trust is 2.83, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 9.86.Price to Book Value per Share RatioMercantile Investment Trust has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.71 out of 5 stars Industry, Sector and Symbol Stock Exchange LON Industry Asset Management Sub-IndustryN/A SectorFinancial Services Current SymbolLON:MRC Previous Symbol CUSIPN/A CIKN/A Webam.jpmorgan.co.uk Phone+44-80-07311111Debt Debt-to-Equity Ratio8.15 Current Ratio13.15 Quick Ratio13.15Price-To-Earnings Trailing P/E Ratio2.83 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales£503.21 million Price / Sales2.72 Cash FlowGBX 8.02 per share Price / Cash Flow21.54 Book ValueGBX 275.80 per share Price / Book0.63Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous EmployeesN/A Outstanding Shares791,523,008Market Cap£1.37 billion Next Earnings Date9/28/2020 (Estimated) OptionableOptionable GBX 172.80 +1.00 (+0.58 %) (As of 09/23/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MRC News and Ratings via Email Sign-up to receive the latest news and ratings for MRC and its competitors with MarketBeat's FREE daily newsletter. Mercantile Investment Trust (LON:MRC) Frequently Asked Questions How has Mercantile Investment Trust's stock been impacted by COVID-19? Mercantile Investment Trust's stock was trading at GBX 215 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MRC shares have decreased by 19.6% and is now trading at GBX 172.80. View which stocks have been most impacted by COVID-19. When is Mercantile Investment Trust's next earnings date? Mercantile Investment Trust is scheduled to release its next quarterly earnings announcement on Monday, September 28th 2020. View our earnings forecast for Mercantile Investment Trust. How often does Mercantile Investment Trust pay dividends? What is the dividend yield for Mercantile Investment Trust? Mercantile Investment Trust announced a dividend on Monday, September 14th. Stockholders of record on Thursday, September 24th will be given a dividend of GBX 1.35 per share on Monday, November 2nd. This represents a yield of 0.74%. The ex-dividend date is Thursday, September 24th. The official announcement can be accessed at this link. View Mercantile Investment Trust's dividend history. Who are some of Mercantile Investment Trust's key competitors? Some companies that are related to Mercantile Investment Trust include M&G (MNG), F&C Investment Trust (FCIT), CI Financial (CIX), Intermediate Capital Group (ICP), Norbord (OSB), HICL Infrastructure (HICL), RIT Capital Partners (RCP), Alliance Trust (ATST), International Public Partnerships (INPP), Ashmore Group (ASHM), Monks Investment Trust (MNKS), Brookfield Infrastructure Partners (BIPC), Big Banc Split (BNK), Quilter (QLT) and Old Mutual (OMU). View all competitors. What other stocks do shareholders of Mercantile Investment Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other Mercantile Investment Trust investors own include Purplebricks Group (PURP), Manchester & London Investment Trust (MNL), Law Debenture (LWDB), JPMorgan Mid Cap Investment Trust (JMF), Dr Pepper Snapple Group (DPS), Cable and Wireless Communications (CWC) and Aberdeen Asset Management (ADN). Who are Mercantile Investment Trust's key executives? Mercantile Investment Trust's management team includes the following people: Mr. Martin John Hudson, Portfolio Mang.Guy Anderson, Portfolio Mang.Anthony Lynch, Portfolio Mang. What is Mercantile Investment Trust's stock symbol? Mercantile Investment Trust trades on the London Stock Exchange (LON) under the ticker symbol "MRC." How do I buy shares of Mercantile Investment Trust? Shares of MRC 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. What is Mercantile Investment Trust's stock price today? One share of MRC stock can currently be purchased for approximately GBX 172.80. How big of a company is Mercantile Investment Trust? Mercantile Investment Trust has a market capitalization of £1.37 billion and generates £503.21 million in revenue each year. What is Mercantile Investment Trust's official website? The official website for Mercantile Investment Trust is am.jpmorgan.co.uk. How can I contact Mercantile Investment Trust? Mercantile Investment Trust's mailing address is Client Administration Centre 60 Victoria Embankment, LONDON, EC4Y 0JP, United Kingdom. The investment trust can be reached via phone at +44-80-07311111. 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