Land Securities Group (LAND)

Sector:

Property Investment Trusts

Index:

FTSE 100

592.50p
   
  • Change Today:
      6.50p
  • 52 Week High: 725.20
  • 52 Week Low: 571.00
  • Currency: UK Pounds
  • Shares Issued: 744.94m
  • Volume: 772,604
  • Market Cap: £4,413.75m
  • RiskGrade: 178
  • Beta: 1.05

Friday preview: China activity data, Land Securities in focus

By Alexander Bueso

Date: Thursday 16 May 2024

LONDON (ShareCast) - (Sharecast News) - The market spotlight at the end of the week will shift to Asia Pacific.





Overnight, the National Bureau of Statistics will publish reports covering fixed asset investments, industrial production and retail sales all covering the month of April.

At 0900 BST. Eurostat will release consumer price data for the euro area in April.

It will be followed over the course of the afternoon by speeches from multiple Fed speakers.

For Land Securities's annual results, the consensus estimate was net assets per share of 849.0p.

UBS analyst Zachary Gauge said he was looking for some guidance as to whether the firm expected valuations to hit a floor in the back half of 2024.

Gauge also believed that an update on its plans to sell £1.2bn of non-core assets was needed.

He believed that a lot would be heard around positive trends in prime Central London offices and its Shopping Centre portfolio.

However, the fact that many overrented leases had yet to expire meant the analyst was not anticipating upside surprises on reported like-for-like rental growth.

Friday 17 May

FINALS

XLMedia, Land Securities Group

AGMs

Bank of Cyprus Holdings Public Limited Company (CDI), Central Asia Metals, EKF Diagnostics Holdings

FINAL DIVIDEND PAYMENT DATE

IMI, Breedon Group, Direct Line Insurance Group, Morgan Advanced Materials, Cairn Homes (CDI), Kenmare Resources (CDI), Luceco, Standard Chartered, JPMorgan US Smaller Co. Inv Tst, Drax Group

INTERIM DIVIDEND PAYMENT DATE

AB Dynamics, Finsbury Growth & Income Trust, Impact Healthcare Reit, Seneca Growth Capital Vct B, Barratt Developments

QUARTERLY PAYMENT DATE

Primary Health Properties, JPMorgan Japan Small Cap Growth & Income

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Harmonised Index of Consumer Prices (EU) (10:00)

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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.

 

Land Securities Market Data

Currency UK Pounds
Share Price 592.50p
Change Today 6.50p
% Change 1.11 %
52 Week High 725.20
52 Week Low 571.00
Volume 772,604
Shares Issued 744.94m
Market Cap £4,413.75m
Beta 1.05
RiskGrade 178

Land Securities Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.51% above the market average69.51% above the market average69.51% above the market average69.51% above the market average69.51% above the market average
58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average
Price Trend
28.55% below the market average28.55% below the market average28.55% below the market average28.55% below the market average28.55% below the market average
10.34% below the sector average10.34% below the sector average10.34% below the sector average10.34% below the sector average10.34% below the sector average
Income
71.00% above the market average71.00% above the market average71.00% above the market average71.00% above the market average71.00% above the market average
73.91% above the sector average73.91% above the sector average73.91% above the sector average73.91% above the sector average73.91% above the sector average
Growth
41.29% above the market average41.29% above the market average41.29% above the market average41.29% above the market average41.29% above the market average
21.43% above the sector average21.43% above the sector average21.43% above the sector average21.43% above the sector average21.43% above the sector average

What The Brokers Say

Strong Buy 8
Buy 4
Neutral 7
Sell 1
Strong Sell 0
Total 20
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Land Securities Dividends

  Latest Previous
  Q2 Q1
Ex-Div 28-Nov-24 22-Aug-24
Paid 08-Jan-25 04-Oct-24
Amount 9.40p 9.20p

Trades for 21-Nov-2024

Time Volume / Share Price
15:56 1 @ 593.50p
15:55 4,831 @ 593.00p
15:54 283 @ 592.75p
15:54 462 @ 592.50p
15:54 463 @ 592.50p

Land Securities Key Personnel

CEO Mark Allan
CFO Vanessa Simms

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