Derwent London (DLN) Share Price, News & Analysis

Company Overview

Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling. We typically acquire central London properties off-market with low capital values and modest rents in improving locations, most of which are either in the West End or the Tech Belt. We capitalise on the unique qualities of each of our properties - taking a fresh approach to the regeneration of every building with a focus on anticipating tenant requirements and an emphasis on design. Reflecting and supporting our long-term success, the business has a strong balance sheet with modest leverage, a robust income stream and flexible financing. As part of our commitment to lead the industry in mitigating climate change, Derwent London has committed to becoming a net zero carbon business by 2030, publishing its pathway to achieving this goal in July 2020. In 2019 the Group became the first UK REIT to sign a Revolving Credit Facility with a 'green' tranche. At the same time, we also launched our Green Finance Framework and signed the Better Buildings Partnership's climate change commitment. The Group is a member of the 'RE100' which recognises Derwent London as an influential company, committed to 100% renewable power by purchasing renewable energy, a key step in becoming a net zero carbon business. Derwent London is one of the property companies worldwide to have science-based carbon targets validated by the Science Based Targets initiative (SBTi). Landmark buildings in our 5.4 million sq ft portfolio include 1 Soho Place W1, 80 Charlotte Street W1, Brunel Building W2, White Collar Factory EC1, Angel Building EC1, 1-2 Stephen Street W1, Horseferry House SW1 and Tea Building E1. In January 2022 we were proud to announce that we had achieved the National Equality Standard - the UK's highest benchmark for equality, diversity and inclusion. In May 2023 we were recognised on the Sunday Times Best Places to Work List 2023 within the medium-sized organisation category and in the following month we won two OAS awards - West End New Build for Soho Place W1 and Developer of the Year whilst we were also highly commended for The Featherstone Building in the City New Build category. In October 2023, White Collar Factory EC1 won the BCO's Test of Time 2023 award, Soho Place W1 won the British Construction Industry Awards' Best Commercial Property Project of the Year and Derwent London was awarded the EG Employer Award. In March 2023 we placed in the top three of the Property Sector in Management Today's Britain's Most Admired Companies awards 2022. In October 2022, 80 Charlotte Street won the BCO's Best National Commercial Workplace award 2022. In 2013 the Company launched a voluntary Community Fund which has to date supported over 160 community projects in the West End and the Tech Belt. The Company is a public limited company, which is listed on the London Stock Exchange and incorporated and domiciled in the UK. The address of its registered office is 25 Savile Row, London, W1S 2ER.

Key Stats

• Today's Range: 1,821 to 1,910
• 50-Day Range: 1,752 to 1,990
• 52-Week Range: 1,714 to 2,530
• Volume: 158,880 shs
• Average Volume: 390,529 shs
• Market Capitalization: £2.10 billion
• P/E Ratio: N/A
• Dividend Yield: 4.26%
• Price Target: GBX 2,700
• Consensus Rating: Buy

DLN Stock Analysis - Frequently Asked Questions

How have DLN shares performed this year?

Derwent London's stock was trading at GBX 1,959 on January 1st, 2025. Since then, DLN stock has decreased by 4.1% and is now trading at GBX 1,879.
View the best growth stocks for 2025 here.

How were Derwent London's earnings last quarter?

Derwent London Plc (LON:DLN) issued its earnings results on Thursday, February, 27th. The real estate investment trust reported $106.50 earnings per share (EPS) for the quarter. Derwent London had a negative trailing twelve-month return on equity of 10.41% and a negative net margin of 129.56%.

How do I buy shares of Derwent London?

Shares of DLN 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 Derwent London own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Derwent London investors own include Oracle (ORCL), Petrofac (PFC), IP Group (IPO), London Stock Exchange Group plc (LSE.L) (LSE), Rotork (ROR), Agios Pharmaceuticals (AGIO) and Bristol-Myers Squibb (BMY).

Company Calendar

• Last Earnings: 2/27/2025
• Today: 4/03/2025
• Record date for 5/30 Dividend: 4/24/2025
• Ex-Dividend for 5/30 Dividend: 4/24/2025
• Dividend Payable: 5/30/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Real Estate
• Industry: REIT - Office
• Sub-Industry: N/A
• Current Symbol: LON:DLN
• CIK: N/A
• Web: www.derwentlondon.com
• Phone: +44-20-76593000
• Fax: N/A
• Employees: 199
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 2,700
• High Stock Price Target: GBX 2,700
• Low Stock Price Target: GBX 2,700
• Potential Upside/Downside: +43.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX (322.32)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 16.52
• P/E Growth: 23.1
• Net Income: £-359,760,168.03
• Net Margins: -129.56%
• Pretax Margin: N/A
• Return on Equity: -10.41%
• Return on Assets: 1.96%

Debt

• Debt-to-Equity Ratio: 40.68
• Current Ratio: 0.51
• Quick Ratio: 0.38

Sales & Book Value

• Annual Sales: £277.67 million
• Price / Sales: 7.58
• Cash Flow: GBX 23.57 per share
• Price / Cash Flow: 79.73
• Book Value: GBX 3,046.46 per share
• Price / Book: 0.62

Miscellaneous

• Outstanding Shares: 111,952,434
• Free Float: N/A
• Market Cap: £2.10 billion
• Optionable: Not Optionable
• Beta: 1.03