Hammerson (HMSO)

Sector:

Property Investment Trusts

Index:

FTSE 250

27.92p
   
  • Change Today:
      0.42p
  • 52 Week High: 29.78
  • 52 Week Low: 20.90
  • Currency: UK Pounds
  • Shares Issued: 4,989.26m
  • Volume: 23,230,896
  • Market Cap: £1,393.00m
  • RiskGrade: 385

Friday preview: UK GDP, Hammerson in the spotlight

By Alexander Bueso

Date: Thursday 11 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Financial markets' focus at the end of the week will be on the release of a barrage of monthly activity indicators for the UK.




At 0700 GMT, the Office for National Statistics is expected to announce that the UK's gross domestic product shrank at a month-on-month pace of 4.7% in January, following tepid growth of 1.2% in December.

Output in services and construction are expected to be weakest, although the latter at least is expected to have rebounded in February.

Stateside meanwhile, investors will be waiting on a preliminary reading for consumer confidence in March, courtesy of the University of Michigan.

Across the Channel meanwhile, the main data release will be a report on euro area industrial output in January, alongside final readings for consumer price inflation in Germany and Spain in February.



For Hammerson's second half 2020 results, UBS analyst Charles Boissier had penciled-in an 81% drop in net tangible assets to 85.0p, driven by the impact of Covid-19 in UK retail landlords and the firm's dilutive rights issue.

The pandemic was accelerating the shift from traditional to online shopping in general, while forcing mall closures, tenants' bankruptcies and lower rent collections.

Earnings per share were seen falling 92% to 2.0p, amid the added drag from VIA Outlets disposal, negative like-for-likes, affected rent collections and higher property outgoings.

"We anticipate the Management's comments on the further deleveraging strategy, tenants' negotiations and footfall. We are negative on retail sector and have a Sell rating on Hammerson."

Friday 12 March

INTERIM EX-DIVIDEND DATE

Base Resources Ltd

QUARTERLY PAYMENT DATE

Honeywell International Inc., Tritax Eurobox (EUR), Tritax Eurobox (GBP)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (GER) (07:00)

Industrial Confidence (EU) (10:00)

Producer Price Index (US) (13:30)

SPECIAL DIVIDEND PAYMENT DATE

Hunters Property

EGMS

PetroNeft Resources

AGMS

Autins Group

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (07:00)

Gross Domestic Product (07:00)

Index of Services (07:00)

Industrial Production (07:00)

Manufacturing Production (07:00)

FINAL DIVIDEND PAYMENT DATE

Avon Rubber, JPMorgan Russian Securities, Sigma Capital Group, Titon Holdings

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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.

 

Hammerson Market Data

Currency UK Pounds
Share Price 27.92p
Change Today 0.42p
% Change 1.53 %
52 Week High 29.78
52 Week Low 20.90
Volume 23,230,896
Shares Issued 4,989.26m
Market Cap £1,393.00m
RiskGrade 385

Hammerson Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.10% above the market average50.10% above the market average50.10% above the market average50.10% above the market average50.10% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Price Trend
34.65% above the market average34.65% above the market average34.65% above the market average34.65% above the market average34.65% above the market average
53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average
Income
78.87% above the market average78.87% above the market average78.87% above the market average78.87% above the market average78.87% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average
Growth
24.61% below the market average24.61% below the market average24.61% below the market average24.61% below the market average24.61% below the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average

What The Brokers Say

Strong Buy 2
Buy 4
Neutral 3
Sell 3
Strong Sell 3
Total 15
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Hammerson Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Apr-24 24-Aug-23
Paid 10-May-24 02-Oct-23
Amount 0.78p 0.72p

Trades for 31-May-2024

Time Volume / Share Price
16:41 728,212 @ 27.92p
16:35 15,925,506 @ 27.92p
16:35 9,715 @ 27.92p
16:35 9,715 @ 27.92p
16:35 939 @ 27.92p

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