Share Name Share Symbol Market Type Share ISIN Share Description
Empiric Student Property Plc LSE:ESP London Ordinary Share GB00BLWDVR75 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  -1.50 -2.19% 67.00 703,645 16:35:09
Bid Price Offer Price High Price Low Price Open Price
66.80 67.10 69.00 66.10 67.30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 70.91 54.77 9.08 7.4 404
Last Trade Time Trade Type Trade Size Trade Price Currency
17:47:36 O 10,606 68.545 GBX

Empiric Student Property (ESP) Latest News

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Empiric Student Property (ESP) Discussions and Chat

Empiric Student Property Forums and Chat

Date Time Title Posts
20/6/201810:18Relaxing Visa Rules for students -
26/4/201208:16Economics, Sentiment & Price2,939
11/9/200815:35Trading from Spain11

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Empiric Student Property (ESP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-08-14 16:47:3668.5510,6067,269.88O
2020-08-14 15:35:0967.0060,84940,768.83UT
2020-08-14 15:29:5866.80983656.64AT
2020-08-14 15:29:5866.802,1581,441.54AT
2020-08-14 15:28:5566.80990661.32AT
View all Empiric Student Property trades in real-time

Empiric Student Property (ESP) Top Chat Posts

Empiric Student Property Daily Update: Empiric Student Property Plc is listed in the Real Estate Investment & Services sector of the London Stock Exchange with ticker ESP. The last closing price for Empiric Student Property was 68.50p.
Empiric Student Property Plc has a 4 week average price of 61p and a 12 week average price of 53p.
The 1 year high share price is 104p while the 1 year low share price is currently 50.30p.
There are currently 602,887,740 shares in issue and the average daily traded volume is 583,862 shares. The market capitalisation of Empiric Student Property Plc is £403,934,785.80.
chucko1: Perhaps they thought that everyone understands this. I certainly do, so can reassess when a like for like is available to be released. But almost any comparison with last year is pointless - what I care about is actual bookings as everyone has some opinion or other about students taking up their places. For now, I anticipate an outcome significantly less negative than that currently implied by the share price.
its the oxman: Overall as expected, short term reduction in nav. But plenty of scope for share price to recover as students return and newsflow steadily improves.
its the oxman: Hoping this can recover a bit, if unite can get to 90% occupancy perhaps empiric can get to 70-80%. Who knows , but the fact this year will be down is a given, hence the current share price. What bodes well is the fundamental value of the portfolio and the likelihood occupancy will eventually return to the 90% plus level. Not sure whether esp could also be a takeover target for unite. Just don't know how long we will have to wait for any of this value to be realised. So many questions and no answers.
joepublic1: I think lenders will relax covenants if necessary anyway. It is being done in plenty of other cases. Lenders recognise the virus crisis won’t lasr forever. I am slightly surprised that ESP havn’t already negotiated time obeyance on their covenants - I think it might help the share price if they did. Perhaps they feel they don’t need to and it sends a signal of weakness. However there is a lot of weakness already in the price. I hold some on the basis of thinking 5 years out there will be more students than ever, foreign students will be fully back and rising year-on-year. So today’s price cannot be right in 5 years time. I find it difficult to see how they can go bust in the meantime.
chucko1: In any event, one term, or one year of impaired rents do not equal a share price drop from 97p to 57p. At this price, I don’t care an awful lot about variations in short term outcome. Half the students go to university to drink, play sport, act, and have other assorted fun. Not easy to do on line.
okosling: I assume that story about Cambridge University is the reason why the share price is down today. However, I question whether it's really negative news at all: if lectures are online only but the tutorials continue in small face-to-face groups as before (but with social distancing), it remains an on-campus degree, just without the big lecture hall parts, and the need for student accommodation would continue as before. In fact, if premium accommodation offers better social distancing, it may be more in demand than before, also for domestic students. So where's the negative?
stemis: Empiric is currently trading at a 70% discount to NAV. Last EPRA NAV was 110.2p and share price is 64p so I make that a 42% discount
mattphillips940: I would buy empiric and hold until the price recovers in 6 to 12 months. At that time you can either sell it for a profit or do as I will do and add it to your long term portfolio and enjoy the dividend income.
spangle93: There's an interesting comparison of ESP with DIGS and UTG in a table in this recent Edison update hTTps:// Dividend higher and p/NAV lower than the other two, but share price appreciation well lags its peers
bscuit: Awhile back Mr Bearbull concurrently reviewed ESP and PHP and preferred the former for its 1% more yield, but in the same timeframe ESP share price has much more significantly declined and the WJG has performed significantly better albeit with a sharply lower yield. Overall for me ESP has been a poor investment.
Empiric Student Property share price data is direct from the London Stock Exchange
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