Great Portland Estates (LON:GPOR) announced a dividend on Wednesday, May 23rd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 31st will be given a dividend of GBX 7.30 ($0.10) per share on Monday, July 9th. This represents a yield of 1.11%. The ex-dividend date is Thursday, May 31st. This is a boost from Great Portland Estates’s previous dividend of $6.40. The official announcement can be seen at this link.
GPOR stock opened at GBX 693.70 ($9.31) on Friday. Great Portland Estates has a 12-month low of GBX 582 ($7.81) and a 12-month high of GBX 702 ($9.42).
Great Portland Estates (LON:GPOR) last posted its quarterly earnings results on Wednesday, May 23rd. The company reported GBX 20.40 ($0.27) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 19.70 ($0.26) by GBX 0.70 ($0.01). Great Portland Estates had a negative return on equity of 5.49% and a negative net margin of 118.76%.
GPOR has been the subject of a number of research reports. Numis Securities raised Great Portland Estates to an “add” rating and set a GBX 725 ($9.73) price target for the company in a research report on Friday, March 2nd. Peel Hunt restated a “hold” rating on shares of Great Portland Estates in a research note on Thursday, April 5th. Deutsche Bank restated a “hold” rating on shares of Great Portland Estates in a research note on Friday, March 2nd. Liberum Capital restated a “hold” rating on shares of Great Portland Estates in a research note on Wednesday. Finally, Citigroup boosted their price objective on Great Portland Estates from GBX 700 ($9.39) to GBX 735 ($9.86) and gave the stock a “neutral” rating in a research note on Wednesday, May 2nd. Four analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 662.15 ($8.88).
Great Portland Estates Company Profile
We are a FTSE 250 property investment and development company owning over £3.2 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term outperformance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.
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