LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 100

179.50p
   
  • Change Today:
      0.60p
  • 52 Week High: 210.20
  • 52 Week Low: 175.60
  • Currency: UK Pounds
  • Shares Issued: 2,047.31m
  • Volume: 1,650,366
  • Market Cap: £3,674.92m
  • Beta: 0.94

LMP Overview

LondonMetric is a FTSE 250 REIT that owns and manages desirable real estate that meets occupiers demands and delivers reliable, repetitive and growing income-led returns and outperforms over the long term. As a real estate owner, we look to help occupiers, communities and stakeholders grow, thrive and revitalise in an evolving and complex world.LondonMetric was formed from a merger of London & Stamford Property and Metric Property Investments in 2013. It has since grown assets under management from £1.2bn to £3.6bn and pivoted the portfolio into distribution and long income assets through a significant number of sales and acquisitions.

1 Day Chart (24-12-2024)

1 Day Chart

6 Month Chart

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Financials

Latest F'cast
Div Yield 5.7% 0.0%
Div Cover 1.1 1.1
Op Mrgn 90.6% 92.8%
ROCE 2.8%  
Latest F'cast
P/E 16.5 14.1
PEG 2.8 0.8
Pr/Revenue 20.6 9.9
Pr/Book 0.9  
Latest F'cast
Revenue 21.4% 108.8%
PBT n/a 187.5%
EPS 5.8% 16.7%
DPS 7.4% 17.9%

LMP Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
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%
31-Mar-23 146.70 (507.50) 10.30p 17.0 5.7 +3% 9.50p 5.4%
31-Mar-24 178.10 120.00 10.90p 18.6 3.1 +6% 10.20p 5.0%

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-25 371.88 344.96 12.72p 14.1 0.8 +17% 12.03p 0.0%
31-Mar-26 385.35 360.99 13.24p 13.6 3.3 +4% 12.48p 0.0%
31-Mar-27 398.22 371.36 13.73p 13.1 3.6 +4% 12.96p 0.0%

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LMP Company Announcements

Director/PDMR Shareholding 18-Dec-2024 12:00 RNS
Dividend Declaration 12-Dec-2024 10:18 RNS
Holding(s) in Company 10-Dec-2024 17:37 RNS

LMP ShareCast News

London close: Stocks finish lower as Ashtead ann... 10-Dec-2024 ShareCast
JPMorgan upgrades Unite, downgrades LondonMetric 10-Dec-2024 ShareCast
LondonMetric earnings improve on back of growing... 26-Nov-2024 ShareCast

LMP Top Newspaper Links

Arsenal accepts lowball offer for vacant Highbur... 29-Sep-2009 Telegraph
London & Stamford plans equity raising 12-Jun-2009 Telegraph
Commercial property prices must fall further 10p... 27-Jun-2008 Telegraph

Latest LMP Director Deals

No deals were found in the last 28 days.

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 179.50p
Change Today 0.60p
% Change 0.34 %
52 Week High 210.20
52 Week Low 175.60
Volume 1,650,366
Shares Issued 2,047.31m
Market Cap £3,674.92m
Beta 0.94

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.84% below the market average50.84% below the market average50.84% below the market average50.84% below the market average50.84% below the market average
73.91% below the sector average73.91% below the sector average73.91% below the sector average73.91% below the sector average73.91% below the sector average
Price Trend
6.46% below the market average6.46% below the market average6.46% below the market average6.46% below the market average6.46% below the market average
58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average
Income
52.03% above the market average52.03% above the market average52.03% above the market average52.03% above the market average52.03% above the market average
36.36% above the sector average36.36% above the sector average36.36% above the sector average36.36% above the sector average36.36% above the sector average
Growth
18.11% above the market average18.11% above the market average18.11% above the market average18.11% above the market average18.11% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average

What The Brokers Say

Strong Buy 6
Buy 3
Neutral 4
Sell 0
Strong Sell 0
Total 13
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 05-Dec-24 29-Aug-24
Paid 13-Jan-25 08-Oct-24
Amount 2.85p 2.85p

Trades for 24-Dec-2024

Time Volume / Share Price
10:29 63,487 @ 179.10p
12:40 48,416 @ 179.50p
12:39 49,844 @ 179.50p
12:35 823,844 @ 179.50p
12:35 2,317 @ 179.50p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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