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

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GBX 851.50 -19.00 (-2.18 %)
(As of 11/19/2018 04:00 PM ET)
Previous CloseGBX 870.50
Today's RangeGBX 851.50 - GBX 875.50
52-Week RangeGBX 618 - GBX 833
Volume526,988 shs
Average Volume744,474 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A
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 more than 140 properties across 24 leading university towns and cities in England and Scotland. Unite also has a strong development pipeline, which will deliver a further 8,000 beds in the next three years. Our 1,450 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 great service, great people and great 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 great 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

Stock Exchange LON
Industry REIT - Diversified
Sub-IndustryN/A
SectorReal Estate
Current SymbolLON:UTG
Previous Symbol
CUSIPN/A
Phone+44-117-3027000

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees1,378
Outstanding SharesN/A
Market Cap£0.00
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 Tuesday, July 24th. Investors of record on Thursday, September 20th will be given a dividend of GBX 9.50 per share on Friday, November 2nd. This represents a yield of 1.12%. The ex-dividend date of this dividend is Thursday, September 20th. The official announcement can be viewed at this link. View UNITE Group's Dividend History.

What price target have analysts set for UTG?

6 brokers have issued 1-year price targets for UNITE Group's shares. Their forecasts range from GBX 815 to GBX 950. On average, they expect UNITE Group's share price to reach GBX 891.67 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for UNITE Group.

What is the consensus analysts' recommendation for UNITE Group?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UNITE Group in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for UNITE Group.

Has UNITE Group been receiving favorable news coverage?

Media stories about UTG stock have been trending somewhat positive recently, according to InfoTrie. The research group rates the sentiment of media 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 media sentiment score of 0.9 on InfoTrie's scale. They also gave news articles about the company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of UNITE Group's key competitors?

Who are UNITE Group's key executives?

UNITE Group's management team includes the folowing people:
  • Mr. Richard S. Smith, CEO & Director (Age 44)
  • Mr. Joseph J. Lister, CFO, MD of People & Communications and Director (Age 47)
  • Ms. Caroline Hall, PA to CFO & Corp. Devel. Director
  • Mr. Christopher R. Szpojnarowicz, Head of Legal & Company Sec.
  • 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 851.50.

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:  322 (Vote Outperform)
Underperform Votes:  371 (Vote Underperform)
Total Votes:  693
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 11/19/2018 by MarketBeat.com Staff

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