London & Associated Properties (LAS) Share Price, News & Analysis

Company Overview

London & Associated Properties is a fully listed property investment company specialising in retail. It owns a portfolio of shopping centres and other retail property currently worth some £78m. LAP also invests in joint ventures with institutional co-owners; these have included Oaktree Capital Management, Schroders and Bank of Scotland. LAMS, LAP's directly owned subsidiary, is an property asset manager that carries out both asset management and property management for third parties. These parties have included the Lloyds Bank, NAMA, Deloittes and Grant Thornton as well as the joint ventures in which LAP has invested. LAP also has a 41.5% interest in Bisichi Mining Plc, a fully listed mining company. Bisichi owns a retail property portfolio that is also managed by LAP.

Key Stats

• Today's Range: 9.11 to 10
• 50-Day Range: 9.10 to 13.75
• 52-Week Range: 7 to 18
• Volume: 10,408 shs
• Average Volume: 26,074 shs
• Market Capitalization: £8.53 million
• P/E Ratio: N/A
• Dividend Yield: 1.06%
• Price Target: N/A
• Consensus Rating: N/A

LAS Stock Analysis - Frequently Asked Questions

How have LAS shares performed this year?

London & Associated Properties' stock was trading at GBX 12.50 at the beginning of the year. Since then, LAS stock has decreased by 20.0% and is now trading at GBX 10.
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How were London & Associated Properties' earnings last quarter?

London & Associated Properties Plc (LON:LAS) announced its earnings results on Tuesday, September, 1st. The company reported ($1.28) earnings per share (EPS) for the quarter. London & Associated Properties had a negative net margin of 1.61% and a positive trailing twelve-month return on equity of 3.76%.

How do I buy shares of London & Associated Properties?

Shares of LAS 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.
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What other stocks do shareholders of London & Associated Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that London & Associated Properties investors own include American Electric Power (AEP), Crystal Amber (CRS), Ultimate Sports Group (USG), Arbuthnot Banking Group (ARBB), Svenska Handelsbanken AB (publ) (SVNLY), Ashoka India Equity Investment (AIE) and Assura (AGR).

Company Calendar

• Last Earnings: 9/01/2020
• Today: 11/02/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Real Estate
• Industry: Real Estate Services
• Sub-Industry: N/A
• Current Symbol: LON:LAS
• CUSIP: N/A
• CIK: N/A
• Web: www.lap.co.uk
• Phone: +44-20-74155000
• Fax: N/A
• Employees: 248
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): GBX (0.01)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £-3,860,000.00
• Net Margins: -1.61%
• Pretax Margin: N/A
• Return on Equity: 3.76%
• Return on Assets: 3.67%

Debt

• Debt-to-Equity Ratio: 52.56
• Current Ratio: 0.80
• Quick Ratio: 0.38

Sales & Book Value

• Annual Sales: £49.60 million
• Price / Sales: 0.17
• Cash Flow: GBX 5.17 per share
• Price / Cash Flow: 1.93
• Book Value: GBX 34 per share
• Price / Book: 0.29

Miscellaneous

• Outstanding Shares: 85,330,000
• Free Float: N/A
• Market Cap: £8.53 million
• Optionable: Not Optionable
• Beta: 0.09