- LondonMetric’s dividend per share for the first half was 5.7p, which was below the estimated 5.9p.
- The company reported a profit of GBP 163.8 million.
- EPRA net tangible assets per share came in at 195.7p, which fell short of the estimated 198.5p.
- Analyst recommendations included 10 buy ratings, 2 hold ratings, and no sell ratings.
A look at Londonmetric Property Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
LondonMetric Property PLC, a UK Reit focusing on retail, distribution properties, and Greater London real estate, appears to have a mostly positive long-term outlook according to Smartkarma Smart Scores. With high scores in the Value and Dividend categories, the company is perceived favorably in terms of its financial valuation and dividend payouts. However, its Growth and Resilience scores are lower, indicating potential areas for improvement in terms of future expansion and stability.
Despite its mixed outlook, LondonMetric Property PLC shows moderate Momentum, suggesting some positive market sentiment and movement. Overall, the company’s strong value and dividend performance may bode well for investors seeking stable returns, while its growth potential and resilience could benefit from further strategic enhancements to drive long-term success in the competitive UK property market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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