Empiric Student Property (ESP)

Index:

FTSE 250

94.00p
   
  • Change Today:
    -0.40p
  • 52 Week High: 96.60
  • 52 Week Low: 83.70
  • Currency: UK Pounds
  • Shares Issued: 603.44m
  • Volume: 691,936
  • Market Cap: 567.23m
  • RiskGrade: 140

ESP Overview

Empiric Student Property plc (LSE: ESP), a UK REIT, is a leading provider and operator of modern, direct-let, nominated or leased student accommodation located in prime city centre locations in top university towns and cities in the UK. The Empiric Student Property plc management team has a long track record in the acquisition, development and management of student accommodation assets in the UK.Looking forward, once we achieve occupancy levels in line with those before the pandemic, we expect to deliver a Gross Margin above 70% and a total return in the 7% to 9% pa range.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 3.6% 0.0%
Div Cover 3.3 1.2
Op Mrgn 88.7% 62.8%
ROCE 6.5%  
Latest F'cast
P/E 8.4 19.6
PEG 0.0 n/a
Pr/Revenue 7.0 7.4
Pr/Book 0.8  
Latest F'cast
Revenue 10.3% -4.5%
PBT -21.1% -9.6%
EPS 229.4% -57.2%
DPS 36.0% 19.9%

ESP Fundamentals

Year Ending Revenue (m) Pre-tax (m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-19 70.91 54.77 4.43p 22.0 0.6 +38% 5.00p 5.1%
31-Dec-20 59.44 (23.97) 2.30p 32.6 n/a -48% n/a 0.0%
31-Dec-21 56.00 29.20 1.60p 53.7 n/a -30% 2.50p 2.9%
31-Dec-22 73.00 67.70 3.40p 24.8 0.2 +112% 2.50p 3.0%
31-Dec-23 80.50 53.40 11.20p 8.5 0.0 +229% 3.40p 3.6%

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

ESP Forecasts

Year Ending Revenue (m) Pre-tax (m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-24 76.90 48.29 4.79p 19.6 n/a -57% 4.08p 0.0%
31-Dec-25 82.11 51.72 5.40p 17.4 1.4 +13% 4.37p 0.0%
31-Dec-26 73.00 n/a 5.15p 18.3 n/a -5% 4.55p 0.0%

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Latest ESP 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: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

ESP Market Data

Currency UK Pounds
Share Price 94.00p
Change Today -0.40p
% Change -0.42 %
52 Week High 96.60
52 Week Low 83.70
Volume 691,936
Shares Issued 603.44m
Market Cap 567.23m
RiskGrade 140

ESP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend Not Available
Income Not Available
Growth Not Available

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ESP Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 04-Apr-24 16-Nov-23
Paid 19-Apr-24 01-Dec-23
Amount 0.94p 0.94p

Trades for 17-May-2024

Time Volume / Share Price
16:35 198,214 @ 94.00p
16:35 1 @ 94.00p
16:35 1,401 @ 94.00p
16:35 1,153 @ 94.00p
16:35 873 @ 94.00p

ESP Key Personnel

CEO Duncan Garrood

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