LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 250

196.80p
   
  • Change Today:
      2.30p
  • 52 Week High: 203.20
  • 52 Week Low: 156.40
  • Currency: UK Pounds
  • Shares Issued: 2,040.57m
  • Volume: 3,799,053
  • Market Cap: 4,015.83m

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 (22-04-2024)

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 2.4% 0.0%
Div Cover 1.1 1.1
Op Mrgn 120.5% 90.3%
ROCE 3.7%  
Latest F'cast
P/E 37.5 18.2
PEG n/a 0.2
Pr/Revenue 52.0 23.8
Pr/Book 1.8  
Latest F'cast
Revenue -47.4% 115.8%
PBT n/a 84.4%
EPS -49.2% 103.1%
DPS -49.5% 110.0%

LMP Fundamentals

Year Ending Revenue (m) Pre-tax (m) EPS P/E PEG EPS Grth. Div Yield
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%
30-Sep-22 71.90 (243.40) 10.25p 17.0 8.5 +2% 9.18p 5.3%
31-Mar-23 146.70 (507.50) 10.33p 17.0 17.0 +1% 9.50p 5.4%
30-Sep-23 77.20 81.60 5.25p 32.8 n/a -49% 4.80p 2.8%

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-24 166.62 150.48 10.66p 18.5 0.2 +103% 10.08p 0.0%
31-Mar-25 376.53 328.67 13.02p 15.1 0.7 +22% 12.06p 0.0%
31-Mar-26 387.58 337.31 13.46p 14.6 4.3 +3% 12.45p 0.0%

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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 196.80p
Change Today 2.30p
% Change 1.18 %
52 Week High 203.20
52 Week Low 156.40
Volume 3,799,053
Shares Issued 2,040.57m
Market Cap 4,015.83m

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
11.95% above the market average11.95% above the market average11.95% above the market average11.95% above the market average11.95% above the market average
61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average
Price Trend
35.70% above the market average35.70% above the market average35.70% above the market average35.70% above the market average35.70% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Income
24.97% above the market average24.97% above the market average24.97% above the market average24.97% above the market average24.97% above the market average
36% below the sector average36% below the sector average36% below the sector average36% below the sector average36% below the sector average
Growth
85.12% below the market average85.12% below the market average85.12% below the market average85.12% below the market average85.12% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 4
Buy 5
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
  3rd Interim 2nd Interim
Ex-Div 29-Feb-24 30-Nov-23
Paid 08-Apr-24 11-Jan-24
Amount 2.40p 2.40p

Trades for 22-Apr-2024

Time Volume / Share Price
16:35 2,070,111 @ 196.80p
16:35 4,518 @ 196.80p
16:35 13,758 @ 196.80p
16:35 11,055 @ 196.80p
16:35 4,686 @ 196.80p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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