LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 250

238.40p
   
  • Change Today:
      3.00p
  • 52 Week High: 238.80
  • 52 Week Low: 172.70
  • Currency: UK Pounds
  • Shares Issued: 841.18m
  • Volume: 1,396,009
  • Market Cap: 2,005.38m
  • Beta: 0.39

LMP Overview

The company invests in commercial property, including office, retail and distribution real estate assets in the UK. However, it also says it would consider opportunities overseas if the scope for above-average returns was there. It was admitted to trading on the Main Market of the London Stock Exchange on 1st October 2010. It is run by real estate veterans Raymond Mould and Patrick Vaughan, who have both been involved in the UK property market since the 1970s.

1 Day Chart (15-11-2019)

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 3.4% 3.6%
Div Cover 1.1 1.1
Op Mrgn 174.4% 67.7%
ROCE 8.0%  
Latest F'cast
P/E 27.1 26.0
PEG 7.7 5.9
Pr/Revenue 23.6 18.7
Pr/Book 1.6  
Latest F'cast
Revenue 3.8% 25.9%
PBT -35.8% -39.2%
EPS 3.5% 4.4%
DPS 3.8% 3.9%

LMP Fundamentals

Year Ending Revenue (m) Pre-tax (m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-15 60.19 160.31 6.60p 24.5 0.4 +57% 7.00p 4.3%
31-Mar-16 67.95 82.74 7.80p 20.3 1.1 +18% 7.25p 4.6%
31-Mar-17 73.91 63.01 8.20p 19.5 3.9 +5% 7.50p 4.7%
31-Mar-18 81.99 186.05 8.50p 21.0 5.2 +4% 7.90p 4.4%
31-Mar-19 85.11 119.51 8.80p 22.7 5.7 +4% 8.20p 4.1%

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-20 107.18 72.61 9.18p 26.0 6.0 +4% 8.52p 3.6%
31-Mar-21 117.01 80.17 9.73p 24.5 4.1 +6% 8.85p 3.7%

Copyright © 2019 FactSet Research Systems Inc. All rights reserved.

LMP Company Announcements

Office Disposal and Sale of Distribution Warehouse 14-Oct-2019 07:00 RNS
Additional Listing 02-Oct-2019 07:00 RNS
Notice of Results 20-Sep-2019 09:00 RNS

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 238.40p
Change Today 3.00p
% Change 1.27 %
52 Week High 238.80
52 Week Low 172.70
Volume 1,396,009
Shares Issued 841.18m
Market Cap 2,005.38m
Beta 0.39

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.59% below the market average90.59% below the market average90.59% below the market average90.59% below the market average90.59% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Price Trend
87.52% above the market average87.52% above the market average87.52% above the market average87.52% above the market average87.52% above the market average
88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average
Income
16.5% below the market average16.5% below the market average16.5% below the market average16.5% below the market average16.5% below the market average
39.39% below the sector average39.39% below the sector average39.39% below the sector average39.39% below the sector average39.39% below the sector average
Growth
21.16% below the market average21.16% below the market average21.16% below the market average21.16% below the market average21.16% below the market average
47.06% below the sector average47.06% below the sector average47.06% below the sector average47.06% below the sector average47.06% below the sector average

What The Brokers Say

Strong Buy 0
Buy 2
Neutral 7
Sell 0
Strong Sell 1
Total 10
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LMP Dividends

  Latest Previous
  1st Interim 4th Interim
Ex-Div 29-Aug-19 06-Jun-19
Paid 07-Oct-19 11-Jul-19
Amount 2.00p 2.50p

Trades for 15-Nov-2019

Time Volume / Share Price
16:35 75,000 @ 238.40p
16:35 780,137 @ 238.40p
16:29 132 @ 238.00p
16:29 31 @ 238.00p
16:29 830 @ 238.14p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones

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