LON:TOWN

Town Centre Securities Share Forecast, Price & News

GBX 125

+2.00 (+1.63 %)

(As of 03/4/2021 08:15 AM ET)

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Today's Range

125

Now: GBX 125▼

125

50-Day Range

109

MA: GBX 117.51▼

123

52-Week Range

80.50

Now: GBX 125▼

208

Volume3 shs

Average Volume20,236 shs

Market Capitalization£66.45 million

P/E RatioN/A

Dividend Yield2.88%

BetaN/A

Town Centre Securities PLC (TCS) is a leading UK property investment & development company with property assets of over Â£394 million. With almost 60 years' experience, a commitment to sustainable development and a reputation for quality & innovation, TCS create outstanding mixed use developments close to transport hubs in Leeds, Manchester, Glasgow and London. Committed to tenants and shareholders, TCS provides world-class residential, office and commercial accommodation and robust investment opportunities through actively managing our portfolio for income and capital growth. We invest in locations likely to demonstrate sustainable growth, work closely with tenants to improve our properties to meet their needs, and dispose of properties that no longer meet our stringent criteria for future performance.

Headlines

Town Centre Securities Cuts Dividend As Loss Widens In First Half
February 24, 2021 | lse.co.uk

Retail park-owner Land Securities planning to cut its portfolio by a third as Covid pushes more shoppers online
October 21, 2020 | msn.com

PUNT OF THE WEEK: Town Centre Securities invests in commercial properties like offices, car parks and hotels
October 2, 2020 | msn.com

Mum thanks hero security guard for saving choking baby's life in Glasgow shopping centre
September 14, 2020 | msn.com

Socialist Party members claim unfair treatment over their removal from outside Motherwell Shopping Centre
September 11, 2020 | msn.com

Owner of Mesquite mall gets extension to pay off $145.4M loan
June 30, 2020 | www.bizjournals.com

Town Centre Regulatory News
June 10, 2020 | www.lse.co.uk

What Is Town Centre Securities PLC's (LON:TOWN) Share Price Doing?
April 9, 2020 | finance.yahoo.com

Seven North Texas shopping centers temporarily close over COVID-19
March 19, 2020 | www.bizjournals.com

EXECUTIVE CHANGE SUMMARY: Dechra Adds Former Countrywide CEO To Board
February 29, 2020 | www.lse.co.uk

Town Centre Securities Loss Narrows On Reduced Valuation Mark-Downs
February 26, 2020 | www.lse.co.uk

GetBusy Hires Accountant Paul Huberman As Non-Executive Director
February 12, 2020 | www.lse.co.uk

Trading Statement & Notice of Results
January 22, 2020 | www.lse.co.uk

Town Centre Securities Interim Rent Declines On Redevelopment Projects
January 22, 2020 | www.lse.co.uk

Chelverton UK Dividend Trust plc: Half-yearly -2-
December 6, 2019 | www.finanznachrichten.de

Chelverton UK Dividend Trust plc: Half-yearly Results
December 6, 2019 | www.finanznachrichten.de

Did Changing Sentiment Drive Town Centre Securities's (LON:TOWN) Share Price Down By 34%?
October 11, 2019 | finance.yahoo.com

Town Centre Securities Swings To Interim Loss on Property Revaluations
September 24, 2019 | www.morningstar.co.uk

Brothers aim to crowdfund $15M for Kapolei retail center
September 13, 2019 | www.bizjournals.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange LON

Industry REIT - Diversified

Sub-IndustryN/A

SectorReal Estate

Current SymbolLON:TOWN

Previous SymbolLON:TCSC

CUSIPN/A

CIKN/A

Webwww.tcs-plc.com

Phone+44-113-2221234

Employees127

Year FoundedN/A

Debt

Debt-to-Equity Ratio145.91

Current Ratio0.46

Quick Ratio0.19

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio0.08

P/E GrowthN/A

Sales & Book Value

Annual Sales£27.99 million

Price / Sales2.37

Cash FlowGBX 24.52 per share

Price / Cash Flow5.10

Book ValueGBX 292.90 per share

Price / Book0.43

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares53,162,000

Market Cap£66.45 million

Next Earnings DateN/A

OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.52 out of 5 stars

3.3 Analyst's Opinion

Consensus Rating
Town Centre Securities has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 190, Town Centre Securities has a forecasted upside of 52.0% from its current price of GBX 125.
Amount of Analyst Coverage
Town Centre Securities has received no research coverage in the past 90 days.

2.9 Community Rank

Outperform Votes
Town Centre Securities has received 306 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Town Centre Securities has received 222 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Town Centre Securities has received 57.95% “outperform” votes from our community.

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

0.8 Dividend Strength

Dividend Yield
Town Centre Securities pays a meaningful dividend of 2.88%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Town Centre Securities does not have a long track record of dividend growth.

0.0 Company Ownership

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

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Town Centre Securities is -2.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Town Centre Securities is -2.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Town Centre Securities has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

GBX 125

+2.00 (+1.63 %)

(As of 03/4/2021 08:15 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Town Centre Securities (LON:TOWN) Frequently Asked Questions

Is Town Centre Securities a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Town Centre Securities in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Town Centre Securities stock.
View analyst ratings for Town Centre Securities or view top-rated stocks.

What stocks does MarketBeat like better than Town Centre Securities?

Wall Street analysts have given Town Centre Securities a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Town Centre Securities wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How has Town Centre Securities' stock been impacted by COVID-19 (Coronavirus)?

Town Centre Securities' stock was trading at GBX 189.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TOWN stock has decreased by 35.1% and is now trading at GBX 123.
View which stocks have been most impacted by COVID-19.

How often does Town Centre Securities pay dividends? What is the dividend yield for Town Centre Securities?

Town Centre Securities declared a dividend on Wednesday, February 24th. Shareholders of record on Thursday, May 27th will be paid a dividend of GBX 1.75 per share on Friday, June 25th. This represents a yield of 1.59%. The ex-dividend date of this dividend is Thursday, May 27th. The official announcement can be seen at this link.
View Town Centre Securities' dividend history.

Is Town Centre Securities a good dividend stock?

Town Centre Securities pays an annual dividend of GBX 0.12 per share and currently has a dividend yield of 2.88%.
View Town Centre Securities' dividend history.

What price target have analysts set for TOWN?

2 equities research analysts have issued 1-year price targets for Town Centre Securities' stock. Their forecasts range from GBX 145 to GBX 235. On average, they expect Town Centre Securities' share price to reach GBX 190 in the next twelve months. This suggests a possible upside of 54.5% from the stock's current price.
View analysts' price targets for Town Centre Securities or view top-rated stocks among Wall Street analysts.

Who are Town Centre Securities' key executives?

Town Centre Securities' management team includes the following people:

Dr. Edward Max Ziff O.B.E., HonDBA, Chairman & CEO (Age 61, Pay $672k)
Mr. Mark Dilley A.C.M.A., B.A., Group Fin. Director & Exec. Director (Age 49, Pay $374k)
Mr. Ben Ziff, MD of CitiPark & TCS Energy and Exec. Director (Age 34, Pay $269k)
Ms. Donna Cater, Property Accounts Mang.
Mr. Matthew Barlow, IT Mang.

Who are some of Town Centre Securities' key competitors?

Some companies that are related to Town Centre Securities include Standard Life Investments Property Income Trust (SLI), BTB Real Estate Investment Trust (BTB.UN), McKay Securities (MCKS), Grit Real Estate Income Group (GR1T), Ediston Property Investment (EPIC), Aew Uk Reit (AEWU), Melcor Real Estate Investment Trust (MR.UN), Ground Rents Income Fund (GRIO), Real Estate Investors (RLE), AEW UK Long Lease REIT (AEWL), Highcroft Investments Plc (HCFT.L) (HCFT), Middlefield Can-Global REIT Income Fund (RCO.UN), Green Reit (GRN), Australian REIT Income Fund (HRR.UN) and Hibernia REIT (HBRN).
View all of TOWN's competitors.

What other stocks do shareholders of Town Centre Securities own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Town Centre Securities investors own include CVS Health (CVS), 544021 (ALK.L) (ALK), Aviva (AV), IQE (IQE), Pan African Resources (PAF), Signet Jewelers (SIG), SSP Group (SSPG), Tribune (TRCO), AMC Entertainment (AMC) and Alaska Air Group (ALK).

What is Town Centre Securities' stock symbol?

Town Centre Securities trades on the London Stock Exchange (LON) under the ticker symbol "TOWN."

How do I buy shares of Town Centre Securities?

Shares of TOWN 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 Town Centre Securities' stock price today?

One share of TOWN stock can currently be purchased for approximately GBX 123.

How much money does Town Centre Securities make?

Town Centre Securities has a market capitalization of £65.39 million and generates £27.99 million in revenue each year.

How many employees does Town Centre Securities have?

Town Centre Securities employs 127 workers across the globe.

What is Town Centre Securities' official website?

The official website for Town Centre Securities is www.tcs-plc.com.

Where are Town Centre Securities' headquarters?

Town Centre Securities is headquartered at Town Centre House, Merrion Centre, LEEDS, LS2 8LY, United Kingdom.

How can I contact Town Centre Securities?

Town Centre Securities' mailing address is Town Centre House, Merrion Centre, LEEDS, LS2 8LY, United Kingdom. The company can be reached via phone at +44-113-2221234.

This page was last updated on 3/4/2021 by MarketBeat.com Staff

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