Mitie Group (MTO) Share Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mitie Group in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MTO shares.
View MTO analyst ratings or view top-rated stocks.

5 analysts have issued 1-year price targets for Mitie Group's shares. Their MTO share price forecasts range from GBX 79 to GBX 92. On average, they predict the company's stock price to reach GBX 88.25 in the next year. This suggests that the stock has a possible downside of 8.3%.
View analysts price targets for MTO or view top-rated stocks among Wall Street analysts.

Mitie Group's stock was trading at GBX 74.60 at the beginning of 2023. Since then, MTO stock has increased by 29.0% and is now trading at GBX 96.20.
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Mitie Group plc (LON:MTO) posted its quarterly earnings results on Thursday, June, 7th. The company reported $16.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $13.40 by $3.40. Mitie Group had a trailing twelve-month return on equity of 7.32% and a net margin of 0.88%.

Mitie Group announced a dividend on Thursday, November 17th. Shareholders of record on Thursday, December 15th will be given a dividend of GBX 0.70 per share on Wednesday, February 1st. This represents a yield of 0.92%. The ex-dividend date is Thursday, December 15th. The official announcement can be seen at this link.
Read our dividend analysis for MTO.

Mitie Group (LON:MTO) pays an annual dividend of GBX 2 per share and currently has a dividend yield of 2.26%. The dividend payout ratio is 10,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MTO.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mitie Group investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), NIC (EGOV), ALJ Regional (ALJJ), Gran Tierra Energy (GTE) and Precision Drilling (PD).

Mitie Group trades on the London Stock Exchange (LON) under the ticker symbol "MTO."

Shares of MTO 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 MTO stock can currently be purchased for approximately GBX 96.20.

Mitie Group (LON:MTO) has a market capitalization of £1.31 billion and generates £3.90 billion in revenue each year. The company earns £30.40 million in net income (profit) each year or GBX 0.02 on an earnings per share basis.

The company employs 75,000 workers across the globe.

Mitie Group's mailing address is Harlequin Office Park, 1 Fieldfare, BRISTOL, BS16 7FN, United Kingdom. The official website for the company is www.mitie.com. The company can be reached via phone at +44-117-9708800.