LON:UTG - UNITE Group Stock Price, News, & Analysis

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GBX 924 0.00 (0.00 %)
(As of 04/22/2019 03:57 PM ET)
Previous CloseGBX 924
Today's RangeGBX 916 - GBX 927.50
52-Week RangeGBX 793 - GBX 950
Volume438,326 shs
Average Volume744,474 shs
Market Capitalization£2.44 billion
P/E Ratio10.20
Dividend Yield3.16%
BetaN/A
Unite Students is the UK's largest manager and developer of purpose-built student accommodation serving the country's world-leading higher education sector. We currently provide homes for almost 50,000 students in circa 130 properties across 22 leading university towns and cities in England and Scotland. Unite also has a strong development pipeline, which will deliver more than 6,000 beds in the next three years. Our 1,400 people are driven by a common purpose: to provide the students who live with us a 'Home for Success' and to be the most trusted brand in the sector. We do this through quality service, quality people and quality properties, all designed on the basis of an unrivalled insight into students' needs and preferences. Unite's accommodation is high quality, safe and secure, and located close to university campuses, transport links and local amenities. Students live predominantly in en-suite study bedrooms with rents covering all bills, insurance, 24-hour security, fortnightly cleaning services and high-speed Wi-Fi.MyUnite, our mobile app, provides practical support such as instant messaging and maintenance requests. Our commitment to customer service is powered by an innovative, in-house operating platform. It provides a wide range of benefits to our students, such as an optimised online booking process, as well as providing us with a unique ability to drive value from our portfolio through scale efficiencies and revenue management. Alongside delivering quality service, our other strategic priority is delivering growing and sustainable earnings, underpinned by a strong capital structure. A key part of this strategy is growing the number of beds let though partnerships with mid and high tariff universities which are experiencing record levels of student demand. We currently partner with 60 higher education institutions, guaranteeing that approximately 60% of our rooms are let under multi-year, 'nomination agreements' providing high visibility of forward occupancy and rental growth. Unite is invested in and operates two specialist funds and joint ventures with institutional investment partners: the £2 billion Unite UK Student Accommodation Fund (USAF), and the £1 billion London Student Accommodation Vehicle (LSAV). Unite is the founder of and major donor to the Unite Foundation, a charitable trust established to support talented students facing challenging financial circumstances through the provision of free accommodation annual scholarships. The Foundation has so far provided scholarships for 250 young people working in close collaboration with 28 universities. Founded in 1991 in Bristol, Unite Group is an award-winning Real Estate Investment Trust (REIT), listed on the London Stock Exchange and a member of the FTSE 250 Index.

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Industry, Sector and Symbol

Industry REIT - Diversified
Sub-IndustryN/A
SectorReal Estate
CUSIPN/A
CIKN/A
Phone+44-117-3027000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales£169.50 million
Cash FlowGBX 46.90 per share
Book ValueGBX 786.70 per share

Profitability

Miscellaneous

Employees1,471
Market Cap£2.44 billion
Next Earnings DateN/A
OptionableNot Optionable

UNITE Group (LON:UTG) Frequently Asked Questions

What is UNITE Group's stock symbol?

UNITE Group trades on the London Stock Exchange (LON) under the ticker symbol "UTG."

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

UNITE Group declared a dividend on Wednesday, February 27th. Shareholders of record on Thursday, April 11th will be given a dividend of GBX 19.50 per share on Friday, May 17th. This represents a yield of 2.11%. The ex-dividend date is Thursday, April 11th. This is a boost from UNITE Group's previous dividend of $9.50. The official announcement can be seen at this link. View UNITE Group's Dividend History.

What price target have analysts set for UTG?

3 brokers have issued 12-month target prices for UNITE Group's stock. Their forecasts range from GBX 900 to GBX 950. On average, they anticipate UNITE Group's share price to reach GBX 928.33 in the next year. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for UNITE Group.

What is the consensus analysts' recommendation for UNITE Group?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UNITE Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for UNITE Group.

Has UNITE Group been receiving favorable news coverage?

Press coverage about UTG stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news 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. UNITE Group earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the company's share price in the near term.

Who are some of UNITE Group's key competitors?

What other stocks do shareholders of UNITE Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other UNITE Group investors own include Berkeley Group (BKG), Johnson & Johnson (JNJ), Premier Oil (PMO), Infrastructure India (IIP), BAE SYS PLC/S (BAESY), Enterprise Products Partners (EPD), Verizon Communications (VZ), AT&T (T), AbbVie (ABBV) and IBM (IBM).

Who are UNITE Group's key executives?

UNITE Group's management team includes the folowing people:
  • Mr. Richard S. Smith, CEO & Director (Age 45)
  • Mr. Joseph J. Lister, CFO & Director (Age 48)
  • Ms. Caroline Hall, PA to CFO & Corp. Devel. Director
  • Mr. Christopher R. Szpojnarowicz, Company Sec., Head of Legal & Group Legal Director
  • Candice Macdonald, Head of Corp. Communications

How do I buy shares of UNITE Group?

Shares of UTG 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 UNITE Group's stock price today?

One share of UTG stock can currently be purchased for approximately GBX 924.

How big of a company is UNITE Group?

UNITE Group has a market capitalization of £2.44 billion and generates £169.50 million in revenue each year. UNITE Group employs 1,471 workers across the globe.

What is UNITE Group's official website?

The official website for UNITE Group is http://www.unite-group.co.uk.

How can I contact UNITE Group?

UNITE Group's mailing address is The Core, 40 St. Thomas Street, BRISTOL, BS1 6JX, United Kingdom. The company can be reached via phone at +44-117-3027000.


MarketBeat Community Rating for UNITE Group (LON UTG)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  352 (Vote Outperform)
Underperform Votes:  397 (Vote Underperform)
Total Votes:  749
MarketBeat's community ratings are surveys of what our community members think about UNITE Group and other stocks. Vote "Outperform" if you believe UTG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UTG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/22/2019 by MarketBeat.com Staff

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