Great Portland Estates (GPE)

Sector:

Property Investment Trusts

Index:

FTSE 250

339.50p
   
  • Change Today:
    -4.50p
  • 52 Week High: 378.98
  • 52 Week Low: 295.77
  • Currency: UK Pounds
  • Shares Issued: 406.19m
  • Volume: 1,743,118
  • Market Cap: £1,379.01m
  • RiskGrade: 82

Wednesday preview: ECB, Great Portland Estates in the spotlight

By Alexander Bueso

Date: Wednesday 11 Nov 2020

LONDON (ShareCast) - (Sharecast News) - Financial markets' focus in the middle of the week will be on the start of the European Central Bank Forum, with investors keen to hear the latest views from monetary authority's top officials on current economic conditions, although forecasts appear to be in a state of flux following the latest Covid-19 vaccine news.






Stateside it may be a quiet day, with some traders away from their desks in observance of Veterans Day.

No major economic releases are scheduled in the UK.

For Great Portland Estates's half year, UBS's Osmaan Malik had penciled-in a 6% drop in net asset value to 820p (consensus: 834p) on account of lower revaluations across its portfolio.

Earnings per share meanwhile were pegged at down by 31% year-on-year at 7.3p (consensus: 7.8p) on the back of lower rent collections.

Hence, the analyst said that he would be watching closely for any updates on rent collections and as regards the leasing/investment market, with a particular focus on any signs of slippage in incentives and rental levels.

"The investment market has held up remarkably well so far and we look for commentary," he said.

"We will also look for discussion over appetite to commit to further projects on its substantial development pipeline, which has largely been on hold, and the current uncertainty main further delay starts."

Wednesday 11 November

INTERIMS

Braemar Shipping Services, Great Eastern Energy Corp Ltd. GDR, Great Portland Estates, Renold

INTERIM DIVIDEND PAYMENT DATE

Plus500 Ltd (DI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

MBA Mortgage Applications (US) (12:00)

GMS

ITM Power

FINALS

Beximco Pharmaceuticals Ltd. GDR

AGMS

Hays, InnovaDerma, Rank Group, Strategic Equity Capital, Supermarket Income Reit, Thinksmart Limited (DI)

TRADING ANNOUNCEMENTS

Flutter Entertainment, Taylor Wimpey, Wetherspoon (J.D.)

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GPE Market Data

Currency UK Pounds
Share Price 339.50p
Change Today -4.50p
% Change -1.31 %
52 Week High 378.98
52 Week Low 295.77
Volume 1,743,118
Shares Issued 406.19m
Market Cap £1,379.01m
RiskGrade 82

GPE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
26.45% above the market average26.45% above the market average26.45% above the market average26.45% above the market average26.45% above the market average
48.15% below the sector average48.15% below the sector average48.15% below the sector average48.15% below the sector average48.15% below the sector average
Price Trend
26.48% below the market average26.48% below the market average26.48% below the market average26.48% below the market average26.48% below the market average
Sector averageSector averageSector averageSector averageSector average
Income
60.71% below the market average60.71% below the market average60.71% below the market average60.71% below the market average60.71% below the market average
92.59% below the sector average92.59% below the sector average92.59% below the sector average92.59% below the sector average92.59% below the sector average
Growth
75.29% below the market average75.29% below the market average75.29% below the market average75.29% below the market average75.29% below the market average
93.1% below the sector average93.1% below the sector average93.1% below the sector average93.1% below the sector average93.1% below the sector average

What The Brokers Say

Strong Buy 2
Buy 5
Neutral 7
Sell 2
Strong Sell 2
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

GPE Dividends

  Latest Previous
  Final Interim
Ex-Div 30-May-24 23-Nov-23
Paid 08-Jul-24 04-Jan-24
Amount 7.90p 4.70p

Trades for 14-Jun-2024

Time Volume / Share Price
16:35 1,539,554 @ 339.50p
16:35 2,819 @ 339.50p
16:35 6,144 @ 339.50p
16:35 2,466 @ 339.50p
16:35 2,319 @ 339.50p

GPE Key Personnel

CEO Toby Courtauld

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