LondonMetric Property (LMP) Share Price, News & Analysis

Company Overview

LondonMetric is a FTSE 250 REIT that owns one of the UK's leading listed logistics platforms alongside a grocery-led long income portfolio, with 17 million sq ft under management. It owns and manages desirable real estate that meets occupiers' demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term.

Key Stats

• Today's Range: 207.20 to 209.80
• 50-Day Range: 196.70 to 209
• 52-Week Range: 152.30 to 210.80
• Volume: 4.32 million shs
• Average Volume: 7.02 million shs
• Market Capitalization: £4.26 billion
• P/E Ratio: 1,896.36
• Dividend Yield: 5.27%
• Price Target: GBX 240
• Consensus Rating: Buy

LondonMetric Property Stock Analysis - MarketRank™

LondonMetric Property scored higher than 34% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

LondonMetric Property has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

LondonMetric Property has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of LondonMetric Property is 1,896.36, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of LondonMetric Property is 1,896.36, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 276.44.

Price to Earnings Growth Ratio

LondonMetric Property has a PEG Ratio of 3.27. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

LondonMetric Property has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LMP.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

LondonMetric Property is a leading dividend payer. It pays a dividend yield of 5.31%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

LondonMetric Property does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of LondonMetric Property is 10,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LMP.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.36

News Sentiment

LondonMetric Property has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for LondonMetric Property this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, LondonMetric Property insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £1,020,000 in company stock.

Percentage Held by Insiders

Only 6.29% of the stock of LondonMetric Property is held by insiders.

Percentage Held by Institutions

74.92% of the stock of LondonMetric Property is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LMP Stock Analysis - Frequently Asked Questions

How have LMP shares performed this year?

LondonMetric Property's stock was trading at GBX 191.50 at the beginning of 2024. Since then, LMP shares have increased by 8.9% and is now trading at GBX 208.60.
View the best growth stocks for 2024 here.

How were LondonMetric Property's earnings last quarter?

LondonMetric Property Plc (LON:LMP) posted its quarterly earnings results on Wednesday, November, 28th. The company reported $4.40 EPS for the quarter, beating the consensus estimate of $4.40 by $0.00. LondonMetric Property had a net margin of 66.68% and a trailing twelve-month return on equity of 4.02%.

How do I buy shares of LondonMetric Property?

Shares of LMP stock 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 other stocks do shareholders of LondonMetric Property own?

Based on aggregate information from My MarketBeat watchlists, some other companies that LondonMetric Property investors own include BP (BP), Kinder Morgan (KMI), Rolls-Royce Holdings plc (RR.L), Boeing (BA), B&M European Value Retail (BME), Coats Group (COA) and Ford Motor (F).

Company Calendar

• Last Earnings: 11/28/2018
• Ex-Dividend for 7/22 Dividend: 6/13/2024
• Dividend Payable: 7/22/2024
• Ex-Dividend for 10/8 Dividend: 8/29/2024
• Dividend Payable: 10/08/2024
• Today: 10/17/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Real Estate
• Industry: REIT - Diversified
• Sub-Industry: N/A
• Current Symbol: LON:LMP
• Previous Symbol: LON:LSP
• CUSIP: N/A
• CIK: N/A
• Web: londonmetric.com
• Phone: +44-20-74849000
• Fax: N/A
• Employees: 35
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 240
• High Stock Price Target: GBX 251
• Low Stock Price Target: GBX 229
• Potential Upside/Downside: +15.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.11
• Trailing P/E Ratio: 1,896.08
• Forward P/E Ratio: 15.20
• P/E Growth: 3.27
• Net Income: £118.70 million
• Net Margins: 66.68%
• Pretax Margin: N/A
• Return on Equity: 4.02%
• Return on Assets: 2.05%

Debt

• Debt-to-Equity Ratio: 59.04
• Current Ratio: 0.68
• Quick Ratio: 0.81

Sales & Book Value

• Annual Sales: £178 million
• Price / Sales: 23.90
• Cash Flow: GBX 5.58 per share
• Price / Cash Flow: 37.38
• Book Value: GBX 194 per share
• Price / Book: 1.08

Miscellaneous

• Outstanding Shares: 2,040,000,000
• Free Float: N/A
• Market Cap: £4.25 billion
• Optionable: Not Optionable
• Beta: 0.90