Grainger (GRI)

Sector:

Real Estate

Index:

FTSE 250

258.00p
   
  • Change Today:
    -6.00p
  • 52 Week High: 274.80
  • 52 Week Low: 217.60
  • Currency: UK Pounds
  • Shares Issued: 741.56m
  • Volume: 1,070,256
  • Market Cap: £1,913.22m
  • RiskGrade: 114

Grainger sees 3.4% year-to-date rental growth

By Frank Prenesti

Date: Friday 27 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Grainger, the UK's largest listed provider of private rental housing, reported overall rental growth of 3.4% in the 11 months to August 31.
Like-for-like growth on its private rental sector (PRS) homes was 3.1%, the company said in a trading statement, adding that annualised rental growth on regulated tenancy rental reviews was 4.2%.

Grainger said it had agreed non-binding terms with property developer Cubex Land to buy a 231 home build-to-rent scheme in Bristol.

"A further 17 schemes are in the planning and legal stages, now totaling 5,381 units, representing an investment value of £1.20m, including seven within our Transport for London partnership," the company said on Friday.

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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.

 

Grainger Market Data

Currency UK Pounds
Share Price 258.00p
Change Today -6.00p
% Change -2.27 %
52 Week High 274.80
52 Week Low 217.60
Volume 1,070,256
Shares Issued 741.56m
Market Cap £1,913.22m
RiskGrade 114

Grainger Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
0.87% below the market average0.87% below the market average0.87% below the market average0.87% below the market average0.87% below the market average
Sector averageSector averageSector averageSector averageSector average
Income Not Available
Growth
84% below the market average84% below the market average84% below the market average84% below the market average84% below the market average
63.16% below the sector average63.16% below the sector average63.16% below the sector average63.16% below the sector average63.16% below the sector average

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 1
Sell 0
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Grainger Dividends

  Latest Previous
  Interim Final
Ex-Div 23-May-24 28-Dec-23
Paid 05-Jul-24 14-Feb-24
Amount 2.54p 4.37p

Trades for 17-May-2024

Time Volume / Share Price
16:51 5,214 @ 258.00p
16:36 130,365 @ 258.00p
16:35 15,137 @ 258.00p
16:35 4,106 @ 258.00p
16:35 686,954 @ 258.00p

Grainger Key Personnel

CEO Helen Gordon
CFO Robert Hudson

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