Hammerson (LON:HMSO) released its quarterly earnings results on Tuesday. The real estate investment trust reported GBX 28 ($0.37) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 27.70 ($0.36) by GBX 0.30 ($0.00), Digital Look Earnings reports.
Shares of LON:HMSO traded down GBX 19.60 ($0.26) on Thursday, hitting GBX 207.90 ($2.73). 6,645,721 shares of the company were exchanged, compared to its average volume of 5,840,000. Hammerson has a 1-year low of GBX 202.90 ($2.67) and a 1-year high of GBX 396.40 ($5.21). The stock’s 50 day moving average price is GBX 245.23 and its 200 day moving average price is GBX 269.14. The company has a current ratio of 0.87, a quick ratio of 0.74 and a debt-to-equity ratio of 65.05. The firm has a market capitalization of $1.59 billion and a P/E ratio of -2.50.
The business also recently disclosed a dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, March 19th will be paid a dividend of GBX 14.80 ($0.19) per share. This is an increase from Hammerson’s previous dividend of $11.10. This represents a dividend yield of 6.51%. The ex-dividend date of this dividend is Thursday, March 19th. Hammerson’s payout ratio is presently -0.31%.
Hammerson Company Profile
We are an owner, manager and developer of retail destinations in Europe. Our portfolio includes investments in 22 prime shopping centres in the UK, Ireland and France, 15 convenient retail parks in the UK and 20 premium outlets across Europe.
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