LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 250

183.10p
   
  • Change Today:
    -2.90p
  • 52 Week High: 285.20
  • 52 Week Low: 161.80
  • Currency: UK Pounds
  • Shares Issued: 982.14m
  • Volume: 4,577,161
  • Market Cap: 1,798.30m

LMP Overview

The company invests in commercial property, including office, retail and distribution real estate assets in the UK. However, it also says it would consider opportunities overseas if the scope for above-average returns was there. It was admitted to trading on the Main Market of the London Stock Exchange on 1st October 2010. It is run by real estate veterans Raymond Mould and Patrick Vaughan, who have both been involved in the UK property market since the 1970s.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 5.1% 5.0%
Div Cover 1.1 1.1
Op Mrgn 554.7% 68.8%
ROCE 21.2%  
Latest F'cast
P/E 18.2 17.9
PEG 3.3 9.7
Pr/Revenue 13.5 12.5
Pr/Book 0.7  
Latest F'cast
Revenue 9.0% 8.0%
PBT 186.1% -86.6%
EPS 5.5% 1.8%
DPS 6.9% 2.9%

LMP Fundamentals

Year Ending Revenue (m) Pre-tax (m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-18 81.99 186.05 8.50p 21.0 5.2 +4% 7.90p 4.4%
31-Mar-19 85.10 119.50 8.80p 22.7 5.7 +4% 8.20p 4.1%
31-Mar-20 113.40 (6.70) (0.70)p n/a n/a n/a 8.30p 4.7%
31-Mar-21 122.20 258.10 9.52p 22.4 n/a n/a 8.65p 4.0%
31-Mar-22 133.20 738.30 10.04p 27.5 4.6 +6% 9.25p 3.4%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

LMP Forecasts

Year Ending Revenue (m) Pre-tax (m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-23 143.91 99.02 10.22p 17.9 9.7 +2% 9.51p 5.0%
31-Mar-24 152.44 103.37 10.56p 17.3 5.3 +3% 9.88p 5.2%

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LMP Company Announcements

Director/PDMR Shareholding 25-Nov-2022 09:30 RNS
Half-year Report 23-Nov-2022 07:00 RNS
DISPOSAL OF TWO ASSETS FOR £28 MILLION 01-Nov-2022 07:00 RNS

Latest LMP Director Deals

Traded Action Notifier PriceAmountValue
24-Nov-22 Sell Patrick Vaughan 191.00p 300,000 572,999.99
30-Sep-22 Buy James Fitzroy Dean 170.00p 75,000 127,500.00
23-Sep-22 Buy Rosalyn Wilton 183.00p 5,432 9,940.56

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

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 5: Forecast figures based on normalised accounts.

 

LMP Market Data

Currency UK Pounds
Share Price 183.10p
Change Today -2.90p
% Change -1.56 %
52 Week High 285.20
52 Week Low 161.80
Volume 4,577,161
Shares Issued 982.14m
Market Cap 1,798.30m

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.12% below the market average75.12% below the market average75.12% below the market average75.12% below the market average75.12% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average
Price Trend
55.3% below the market average55.3% below the market average55.3% below the market average55.3% below the market average55.3% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Income
48.96% above the market average48.96% above the market average48.96% above the market average48.96% above the market average48.96% above the market average
13.33% below the sector average13.33% below the sector average13.33% below the sector average13.33% below the sector average13.33% below the sector average
Growth
19.66% above the market average19.66% above the market average19.66% above the market average19.66% above the market average19.66% above the market average
9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average

What The Brokers Say

Strong Buy 7
Buy 1
Neutral 2
Sell 0
Strong Sell 2
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LMP Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 01-Dec-22 01-Sep-22
Paid 10-Jan-23 07-Oct-22
Amount 2.30p 2.30p

Trades for 25-Nov-2022

Time Volume / Share Price
16:44 49,016 @ 179.87p
16:35 1,080,855 @ 183.10p
16:35 3,962 @ 183.10p
16:35 4,008 @ 183.10p
16:35 2,225 @ 183.10p

LMP Key Personnel

Finance Director Martin McGann
Chair Patrick Vaughan
CEO Andrew Jones

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