LON:SHBShaftesbury Share Price, Forecast & News

GBX 627

+24.00 (+3.98 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

597.50

Now: GBX 627▼

635.50

50-Day Range

486.80

MA: GBX 590.03▼

685.50

52-Week Range

478.40

Now: GBX 627▼

992.50

Volume867,186 shs

Average Volume486,936 shs

Market Capitalization£1.93 billion

P/E Ratio73.76

Dividend Yield2.98%

BetaN/A

Shaftesbury is a Real Estate Investment Trust which owns a portfolio extending to 15 acres in the heart of London's West End. Shaftesbury focuses on retail, restaurants and leisure in highly popular, sought-after and prosperous locations mainly concentrated in Carnaby, Seven Dials and Chinatown but also include substantial ownership in East and West Covent Garden, Soho and Fitzrovia. The portfolio comprises nearly 600 shops, restaurants, cafés and pubs, extending to 1.1 million sq. ft., 0.5 million sq. ft. of offices and 593 apartments.

Beat the Market (BTM) Rank^™

2.9 Analyst's Opinion

Consensus Rating
Shaftesbury has received a consensus rating of Hold. The company's average rating score is 1.70, and is based on 1 buy rating, 5 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 721.10, Shaftesbury has a potential upside of 15.0% from its current price of GBX 627.
Amount of Analyst Coverage
Shaftesbury has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.6 Community Rank

Outperform Votes
Shaftesbury has received 294 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Shaftesbury has received 613 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Shaftesbury has received 67.59% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Shaftesbury and other stocks. Vote “Outperform” if you believe SHB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SHB will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Shaftesbury is a leading dividend payer. It pays a dividend yield of 2.98%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Shaftesbury does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Shaftesbury is 2.12 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Shaftesbury insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Shaftesbury are expected to decrease by -100.00% in the coming year, from GBX 1,998 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Shaftesbury is 73.76, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Shaftesbury is 73.76, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.14.
Price to Book Value per Share Ratio
Shaftesbury has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.52 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry REIT - Retail

Sub-IndustryN/A

SectorReal Estate

Current SymbolLON:SHB

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.shaftesbury.co.uk

Phone+44-20-73338118

Debt

Debt-to-Equity Ratio31.58

Current Ratio2.03

Quick Ratio1.86

Price-To-Earnings

Trailing P/E Ratio73.76

Forward P/E Ratio0.31

P/E GrowthN/A

Sales & Book Value

Annual Sales£126.90 million

Price / Sales15.19

Cash FlowGBX 21.10 per share

Price / Cash Flow29.72

Book ValueGBX 980.20 per share

Price / Book0.64

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees30

Outstanding Shares307,417,984

Market Cap£1.93 billion

Next Earnings Date6/10/2020 (Estimated)

OptionableNot Optionable

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Shaftesbury (LON:SHB) Frequently Asked Questions

How has Shaftesbury's stock been impacted by COVID-19 (Coronavirus)?

Shaftesbury's stock was trading at GBX 757 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SHB stock has decreased by 17.2% and is now trading at GBX 627. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Shaftesbury?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shaftesbury in the last year. There are currently 4 sell ratings, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Shaftesbury.

When is Shaftesbury's next earnings date?

Shaftesbury is scheduled to release its next quarterly earnings announcement on Wednesday, June 10th 2020. View our earnings forecast for Shaftesbury.

How were Shaftesbury's earnings last quarter?

Shaftesbury plc (LON:SHB) announced its quarterly earnings data on Tuesday, November, 27th. The real estate investment trust reported $17.10 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $17.60 by $0.50. View Shaftesbury's earnings history.

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

Shaftesbury announced a dividend on Tuesday, November 26th. Stockholders of record on Thursday, January 16th will be paid a dividend of GBX 9 per share on Friday, February 14th. This represents a dividend yield of 0.99%. The ex-dividend date is Thursday, January 16th. This is an increase from Shaftesbury's previous dividend of GBX 8.70. The official announcement can be viewed at this link. View Shaftesbury's dividend history.

What price target have analysts set for SHB?

10 analysts have issued twelve-month price objectives for Shaftesbury's stock. Their forecasts range from GBX 525 to GBX 915. On average, they anticipate Shaftesbury's stock price to reach GBX 721.10 in the next year. This suggests a possible upside of 15.0% from the stock's current price. View analysts' price targets for Shaftesbury.

Has Shaftesbury been receiving favorable news coverage?

Headlines about SHB stock have been trending somewhat negative on Saturday, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Shaftesbury earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutShaftesbury.

Who are some of Shaftesbury's key competitors?

Some companies that are related to Shaftesbury include Vicinity Centres (VCX), RioCan Real Estate Investment Trust (REI.UN), Choice Properties Real Est Invstmnt Trst (CHP.UN), British Land (BLND), SmartCentres Real Estate Investment Trst (SRU.UN), Shopping Cntrs Austrls Prprty Gp Re (SCP), Charter Hall Retail REIT (CQR), CT Real Estate Investment Trust (CRT.UN), SITE Centers (SITC), Aventus Group (AVN), Hammerson (HMSO), Slate Retail REIT (SRT.UN), Supermarket Income REIT (SUPR), APN Convenience Retail REIT (AQR) and Plaza Retail REIT (PLZ.UN). View all competitors.

What other stocks do shareholders of Shaftesbury own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Shaftesbury investors own include Smith & Nephew (SNN), Associated British Foods (ABF), Aviva (AV), Gem Diamonds (GEMD), Go-Ahead Group (GOG), Hammerson (HMSO), Intu Properties (INTU), Lloyds Banking Group (LLOY), American Airlines Group (AAL) and Anglo American (AAL).

Who are Shaftesbury's key executives?

Shaftesbury's management team includes the following people:

Mr. Brian Bickell FCA, CEO & Exec. Director (Age 64)
Mr. Christopher Peter Alan Ward MA(Oxon), ACA, Fin. Director & Exec. Director
Mr. Thomas James Chisnell Welton MRICS, Property Director & Exec. Director (Age 58)
Mr. Simon John Quayle B.Sc., BSc, MRICS, Property Director & Exec. Director (Age 61)
Ms. Karen Baines, Head of Group Marketing & Communications

What is Shaftesbury's stock symbol?

Shaftesbury trades on the London Stock Exchange (LON) under the ticker symbol "SHB."

How do I buy shares of Shaftesbury?

Shares of SHB 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 Shaftesbury's stock price today?

One share of SHB stock can currently be purchased for approximately GBX 627.

How big of a company is Shaftesbury?

Shaftesbury has a market capitalization of £1.93 billion and generates £126.90 million in revenue each year. Shaftesbury employs 30 workers across the globe.

What is Shaftesbury's official website?

The official website for Shaftesbury is www.shaftesbury.co.uk.

How can I contact Shaftesbury?

Shaftesbury's mailing address is 22 Ganton Street, LONDON, W1F 7FD, United Kingdom. The real estate investment trust can be reached via phone at +44-20-73338118.

This page was last updated on 5/30/2020 by MarketBeat.com Staff