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

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GBX 907.50 -15.00 (-1.63 %)
(As of 03/24/2019 01:25 PM ET)
Previous CloseGBX 907.50
Today's RangeGBX 905 - GBX 928.50
52-Week RangeGBX 771.50 - GBX 934.50
Volume346,448 shs
Average Volume744,474 shs
Market Capitalization£2.39 billion
P/E Ratio10.02
Dividend Yield3.17%
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 46.34 per share
Book ValueGBX 786.70 per share

Profitability

Miscellaneous

EmployeesN/A
Market Cap£2.39 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 announced a dividend on Wednesday, February 27th. Stockholders of record on Thursday, April 11th will be given a dividend of GBX 19.50 per share on Friday, May 17th. This represents a dividend yield of 2.11%. The ex-dividend date of this dividend is Thursday, April 11th. This is a positive change from UNITE Group's previous dividend of $9.50. The official announcement can be viewed at this link. View UNITE Group's Dividend History.

What price target have analysts set for UTG?

3 Wall Street analysts have issued 1 year price objectives for UNITE Group's shares. Their predictions range from GBX 900 to GBX 950. On average, they expect UNITE Group's stock price to reach GBX 928.33 in the next year. This suggests a possible upside of 2.3% 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?

News articles about UTG stock have been trending positive recently, according to InfoTrie. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. UNITE Group earned a news sentiment score of 2.1 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days.

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 Johnson & Johnson (JNJ), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Main Street Capital (MAIN), BP (BP), Walt Disney (DIS), Magellan Midstream Partners (MMP), Mcdonald's (MCD) and Exxon Mobil (XOM).

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, MD of People & Communications and Director (Age 48)
  • 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 907.50.

How big of a company is UNITE Group?

UNITE Group has a market capitalization of £2.39 billion and generates £169.50 million in revenue each year.

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:  346 (Vote Outperform)
Underperform Votes:  391 (Vote Underperform)
Total Votes:  737
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 3/24/2019 by MarketBeat.com Staff

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