Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Land Securities Group Plc | LSE:LAND | London | Ordinary Share | GB00BYW0PQ60 | ORD 10 2/3P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 2.00 | 0.34% | 588.00 | 447,516 | 11:03:40 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 587.50 | 588.50 | 588.00 | 584.50 | 588.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Real Estate Investment Trust | 824M | -319M | -0.4282 | -13.73 | 4.37B |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 11:04:22 | O | 1 | 588.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 15/11/2024 | 08:38 | ALNC |  TOP NEWS: Land Securities swings to profit due to revaluation surplus |
| 15/11/2024 | 07:00 | UK RNS | Land Securities Group PLC Half-year Report |
| 11/11/2024 | 14:57 | UK RNS | Land Securities Group PLC Holding(s) in Company |
| 05/11/2024 | 15:59 | UK RNS | Land Securities Group PLC Director/PDMR Shareholding |
| 01/11/2024 | 10:16 | UK RNS | Land Securities Group PLC Total Voting Rights |
| 15/10/2024 | 09:02 | UK RNS | Land Securities Group PLC Confirmation of Half Year Results Date |
| 07/10/2024 | 13:49 | UK RNS | Land Securities Group PLC Director/PDMR Shareholding |
| 01/10/2024 | 10:05 | UK RNS | Land Securities Group PLC Block listing Interim Review |
| 01/10/2024 | 09:51 | UK RNS | Land Securities Group PLC Total Voting Rights |
| 30/9/2024 | 06:00 | UK RNS | Land Securities Group PLC Directorate Change |
Land Securities (LAND) Share Charts1 Year Land Securities Chart |
|
1 Month Land Securities Chart |
Intraday Land Securities Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 21/11/2024 | 08:26 | ***** Land Securities ***** | 890 |
| 17/7/2018 | 05:25 | Land Securities (LAND) One to Watch on Tuesday | - |
| 30/5/2017 | 20:07 | LAND: Ahoy! | 34 |
| 25/6/2014 | 13:10 | Manoj Ladwa says BUY stock in Land Securities Group PLC on TipTv. | - |
| 26/5/2013 | 08:53 | Land Securities: A Proxy for UK Property? | 390 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 11:04:28 | 588.50 | 1 | 5.89 | O |
| 11:04:28 | 588.50 | 1 | 5.89 | O |
| 11:04:28 | 588.50 | 1 | 5.89 | O |
| 11:04:28 | 588.50 | 1 | 5.89 | O |
| 11:04:25 | 588.50 | 1 | 5.89 | O |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Land Securities Daily Update Land Securities Group Plc is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker LAND. The last closing price for Land Securities was 586p.Land Securities currently has 744,931,501 shares in issue. The market capitalisation of Land Securities is £4,369,023,253. Land Securities has a price to earnings ratio (PE ratio) of -13.70. This morning LAND shares opened at 588p |
Posted at 15/11/2024 08:19 by hugepants strong interim resultsMark Allan, Chief Executive of Landsec, commented: "Our operational outperformance continues, with further growth in occupancy and positive rental uplifts across our retail and London portfolio, which is translating into accelerated income growth. Combined with our focus on cost efficiencies, we therefore raise our outlook for EPRA EPS and now expect FY25 to be in line with last year's level despite £0.5bn of net disposals over the past year, and for this outperformance to flow through into FY26. At the same time, property values have stabilised, with growth in rental values driving a modest increase in capital values, resulting in a positive total return on equity. We expect these trends to persist, as customer demand for our best-in-class space remains robust and investment market activity has started to pick up. We have continued to reposition our portfolio towards higher-return opportunities and are confident of deploying further capital towards this in the second half. Having managed our balance sheet well as markets corrected, we are now well placed to deliver growth and attractive returns." ¾ EPRA earnings of £186m, up £1m vs prior period after adjusting for £13m lower surrender receipts ¾ EPRA EPS at top end of expectations at 25.0p, as better than expected 3.4% LFL net income growth and 2.2ppt improvement in operating margin offset earnings impact from non-core asset disposals ¾ Total dividend up 2.2% to 18.6p per share, in line with guidance of low single digit percentage growth ¾ Profit before tax up to £243m, as 2.1% ERV growth resulted in £91m or 0.9% uplift in portfolio value ¾ Total return on equity of 3.9% over six months, with 1.4% increase in EPRA NTA per share to 871p ¾ Maintained strong balance sheet with 7.4x net debt/EBITDA and a 34.9% Group LTV ¾ Upgrade in EPS outlook due to higher LFL income growth and cost efficiencies, with FY25 EPRA EPS now expected to be in line with the 50.1 pence delivered in FY24 and FY26 expected to be ahead of this, before any upside from potential future acquisitions |
Posted at 23/8/2024 07:16 by panache1 Thanks ! Explains the price movement then ! |
Posted at 12/6/2024 15:45 by petersinthemarket LAND: Diversified REITS: Div c40p; paid Qtly; Yld c6%; The largest commercial property development and investment company in the UK. Next xDiv c15june, then xDiv c24august. Property largely in central London, but has started to diversify into premium quality property outside the centre. share price a bit bombed out but recovering well.Yes, you got it - I hold And it is too quiet here. pete |
Posted at 12/6/2024 15:38 by petersinthemarket Still quiet!7 June 2024: Midas: Commercial property firms have been through the wringer lately. Even when borrowing costs were low, the rise in online shopping left bricks-and-mortar retailers looking vulnerable, while the craze for working from home hit office valuations. Soaring interest rates made matters even worse and shares in LAND, Britain's largest property firm, have sunk from more than £14 in 2015 to £7.05 today. At that price, the stock offers plenty of upside and Div payments are attractive too, with 39.5p pencilled in for the year to March, putting the shares on a Yld of over 5.5%. Bright prospects: LAND owns shopping malls nationwide from Buchanan in Glasgow to Gunwharf Quays in Portsmouth to Piccadilly Lights in Central London. Traditional City offices were a big part of the pf too but CEO Mark Allan has moved with the times, reducing Square Mile area and increasing West End exposure. The strategy has paid off. Vacancies down, lettings up and Central London properties 99% full. Regional development is in the mix too, as well as urban regeneration, such as Mayfield, a pioneering project in central Manchester. Midas: LAND has had a tough few years but prospects are much brighter. At £7.05, they are a BUY. |
Posted at 12/6/2024 15:37 by petersinthemarket As it's still quiet here:3 June 2024: ii: Backing for LAND came from senior independent director Moni Mannings and non-exec James Bowling. Both spent £30k at prices of 646p and 641p resp. Their purchases followed a mixed City reaction to May’s FY results, despite the more upbeat tone of CEO Mark Allan after 2yrs of rising interest rates. He said recent stabilisation in rates and evidence of continued rental growth had started to attract increased investor interest in best assets. The company’s £10bn retail and London-focused pf spans 22.8m sq ft, the bulk of which has significant scarcity value with potential for like-for-like rents to continue to grow. BoA said recent results were slightly short of its expectations, but described the company as one of the least expensive property firms in Europe. It has a share price target of 830p [sp=653p]. |
Posted at 12/6/2024 15:35 by petersinthemarket As it's quiet here:17 May 2024: investorschronicle.c |
Posted at 26/10/2022 18:41 by williamcooper104 That's been true in past recessions; but WFH plus prime property not yet anywhere repriced for higher gilts means it mightn't be true this time - plus in a deep consumer recession retail tenants are now used to just not paying the rent; and what's a landlord to do when most of the industry isn't paying rent That said; would be more surprised than not it LAND (BL too) stay at these levels/fall much further and don't get taken private; too much dry PE money and a $7-9bn fund can easily fund a buy and break up |
Posted at 27/9/2022 20:26 by panache1 It's a nonsense. LTV is 30% and the portfolio is practically fully let. The share price has dropped from £10 pre pandemic in 2020 to £5 now. I think it's a bit too much and hopefully oversold. At this price it's also offering a 7% yield. DYOR |
Posted at 22/9/2022 05:58 by 1nf3rn0 Misses this lunchtime RNS yesterday. Looks like a good move and decent price considering the environmentLandsec and Lendlease exchange contracts on 21 Moorfields for £809m Landsec announces that it has exchanged contracts for the sale of 21 Moorfields, EC2 to an investment vehicle managed by global real estate and investments group, Lendlease (AS |
Posted at 12/7/2022 09:59 by orinocor British Land, Landsec and Hammerson were all under the cosh on Tuesday after RBC Capital Markets downgraded its stance on the shares, as it took a look at the London office and UK retail property markets.The bank cut British Land to ‘underperform& "Our more cautious view of London office and UK retail property markets negatively impacts our forecasts for British Land," it said. "Furthermore, we believe a more negative macro scenario appears slightly at odds with management’s view of their markets, increasing the potential negative impact to British Land's returns. "While we believe in more demanding tenants leading to wide-ranging trends within certain property markets, our view is it is unlikely to be supportive of attractive development returns near-term and only benefits a proportion of most REITs' existing portfolios." Landsec was cut to ‘sector perform’ from ‘outperform RBC said Landsec has made good progress in starting to implement its CEO's new strategy, but that a deterioration in the macro environment will temporarily slow further progress. "At the same time, we expect Landsec to be negatively impacted by a weaker macroeconomic environment given a relatively high level of variable rents in its retail/leisure businesses and exposure to more economically sensitive London office markets." |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
