British Land (BLND) Share Price, News & Analysis

Company Overview

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies. We create Places People Prefer, delivering the best, most sustainable places for our customers and communities. Our strategy is to leverage our best in class platform and proven expertise in development, repositioning and active management, investing behind two key themes: Campuses and Retail & London Urban Logistics. Our three Campuses at Broadgate, Paddington Central and Regent's Place are dynamic neighbourhoods, attracting growth customers and sectors, and offering some of the best connected, highest quality and most sustainable space in London. We are delivering our fourth Campus at Canada Water, where we have planning consent to deliver 5m sq ft of residential, commercial, retail and community space over 53 acres. Our Campuses account for 63% of our portfolio. Retail & London Urban Logistics accounts for 37% of the portfolio and is focused on retail parks which are aligned to the growth of convenience, online and last mile fulfilment. We are complementing this with urban logistics primarily in London, focused on development-led opportunities. Sustainability is embedded throughout our business. Our approach is focused on three key pillars where British Land can create the most benefit: Greener Spaces, making our whole portfolio net zero carbon by 2030, Thriving Places, partnering to grow social value and wellbeing in the communities where we operate and Responsible Choices, advocating responsible business practices across British Land and throughout our supply chain, and maintaining robust governance structures.

Key Stats

• Today's Range: 362.40 to 368
• 50-Day Range: 338.53 to 377.20
• 52-Week Range: 337.20 to 467.80
• Volume: 1.94 million shs
• Average Volume: 14.55 million shs
• Market Capitalization: £3.62 billion
• P/E Ratio: 3.94
• Dividend Yield: 6.34%
• Price Target: GBX 448.33
• Consensus Rating: Hold

British Land Stock Analysis - MarketRank™

British Land scored higher than 70% 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: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

British Land has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

British Land has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of British Land is 3.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of British Land is 3.94, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 9.69.

Price to Earnings Growth Ratio

British Land has a PEG Ratio of 6.76. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

British Land has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued 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 BLND.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

British Land is a leading dividend payer. It pays a dividend yield of 6.15%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

British Land does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of British Land is 24.98%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -1.22

Short Interest

There is no current short interest data available for BLND.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.80

News Sentiment

British Land has a news sentiment score of 0.80. 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 higher news sentiment than the 0.69 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for British Land this week, compared to 2 articles on an average week.

Search Interest

Only 3 people have searched for BLND on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, British Land insiders have bought more of their company's stock than they have sold. Specifically, they have bought £43,964.47 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 0.21% of the stock of British Land is held by insiders.

Percentage Held by Institutions

69.36% of the stock of British Land is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BLND Stock Analysis - Frequently Asked Questions

How have BLND shares performed this year?

British Land's stock was trading at GBX 360.40 on January 1st, 2025. Since then, BLND shares have increased by 0.7% and is now trading at GBX 363.
View the best growth stocks for 2025 here.

How were British Land's earnings last quarter?

British Land Company PLC (LON:BLND) released its quarterly earnings results on Wednesday, November, 20th. The company reported $15.30 earnings per share for the quarter. British Land had a trailing twelve-month return on equity of 18.53% and a net margin of 171.35%.

How do I buy shares of British Land?

Shares of BLND 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.

What other stocks do shareholders of British Land own?

Based on aggregate information from My MarketBeat watchlists, some other companies that British Land investors own include Vodafone Group Public (VOD), HSBC (HSBA), Lloyds Banking Group (LLOY), Associated British Foods (ABF), Aviva (AV), GSK (GSK) and Bank of America (BAC).

Company Calendar

• Last Earnings: 11/20/2024
• Ex-Dividend for 1/15 Dividend: 12/05/2024
• Dividend Payable: 1/15/2025
• Today: 2/21/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Real Estate
• Industry: REIT - Diversified
• Sub-Industry: Computer Software
• Current Symbol: LON:BLND
• CUSIP: N/A
• CIK: N/A
• Web: www.britishland.com
• Phone: +44-20-74864466
• Fax: N/A
• Employees: 1,690
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 448.33
• High Stock Price Target: GBX 480
• Low Stock Price Target: GBX 405
• Potential Upside/Downside: +23.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 92.06
• Trailing P/E Ratio: 3.94
• Forward P/E Ratio: 12.36
• P/E Growth: 6.76
• Net Income: £914.90 million
• Net Margins: 171.35%
• Pretax Margin: N/A
• Return on Equity: 18.53%
• Return on Assets: 3.37%

Debt

• Debt-to-Equity Ratio: 44.14
• Current Ratio: 0.59
• Quick Ratio: 0.25

Sales & Book Value

• Annual Sales: £533.92 million
• Price / Sales: 6.77
• Cash Flow: GBX 11.51 per share
• Price / Cash Flow: 31.53
• Book Value: GBX 494.14 per share
• Price / Book: 0.73

Miscellaneous

• Outstanding Shares: 996,466,510
• Free Float: N/A
• Market Cap: £3.62 billion
• Optionable: Not Optionable
• Beta: 1.55