Earnings Alerts

Unite Group (UTG) Earnings: Positive Outlook with Strong Rental Growth and EPS Guidance for FY2024

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  • The Unite Group‘s USAF property portfolio is valued at GBP 2.88 billion.
  • The LSAV investment portfolio has a value of GBP 2.06 billion.
  • The company expects 97-98% occupancy for the 2025/26 academic year.
  • Rental growth is anticipated to be 4-5% during the 2025/26 academic year.
  • For FY2024, the adjusted EPS guidance is maintained at the upper end of 45.5-46.5 pence.
  • Student numbers outlook for 2025/26 is positive, bolstered by a 2% increase in the population of UK 18-year-olds.
  • Trends in international student recruitment are improving due to a more stable policy environment.
  • Analysts have shown strong confidence with 10 buy ratings, 2 hold ratings, and no sell ratings.

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A look at Unite Group Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.6

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

Smartkarma Smart Scores offer valuable insights into Unite Group‘s long-term prospects, with the company scoring well across various key factors. With a strong score in both Value and Dividend, Unite Group showcases solid financial health and the potential for returns for investors. The company’s Momentum score suggests positive market sentiment and upward momentum. Although Growth and Resilience scores are slightly lower, they still indicate a stable outlook for Unite Group in the long run.

As a property investment company specializing in student accommodation in the UK, Unite Group benefits from established connections with academic institutions nationwide. In addition to its core business, the company also manages specialist funds and joint ventures. Overall, Unite Group‘s Smartkarma Smart Scores highlight its position as a promising investment opportunity with a strong foundation for sustained growth and shareholder returns.


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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