Hammerson Plc (LON:HMSO - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 248.16 ($3.20) and traded as high as GBX 254.80 ($3.29). Hammerson shares last traded at GBX 252.20 ($3.26), with a volume of 47,898,219 shares changing hands.
Hammerson Trading Up 0.4 %
The stock has a market cap of £1.25 billion, a P/E ratio of -46.66, a PEG ratio of 1.68 and a beta of 2.30. The firm's fifty day moving average price is GBX 275.45 and its two-hundred day moving average price is GBX 249.82. The company has a debt-to-equity ratio of 80.77, a current ratio of 10.65 and a quick ratio of 1.28.
Hammerson (LON:HMSO - Get Free Report) last announced its earnings results on Wednesday, February 26th. The real estate investment trust reported GBX 19.90 ($0.26) earnings per share for the quarter. Hammerson had a negative return on equity of 25.94% and a negative net margin of 346.30%. As a group, equities research analysts forecast that Hammerson Plc will post 20.7491639 EPS for the current year.
Hammerson Increases Dividend
The business also recently announced a dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Thursday, April 24th will be given a dividend of GBX 8.07 ($0.10) per share. The ex-dividend date of this dividend is Thursday, April 24th. This is a positive change from Hammerson's previous dividend of $0.76. This represents a yield of 3.2%. Hammerson's payout ratio is presently -273.62%.
Insider Transactions at Hammerson
In other news, insider Habib Annous acquired 55,050 shares of Hammerson stock in a transaction dated Monday, March 3rd. The shares were purchased at an average cost of GBX 270 ($3.49) per share, for a total transaction of £148,635 ($191,910.91). Insiders own 77.21% of the company's stock.
About Hammerson
(
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Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.
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