Land Securities Group (LON:LAND) Issues Quarterly Earnings Results

Land Securities Group (LON:LAND) posted its earnings results on Friday. The company reported GBX 50.30 ($0.67) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Land Securities Group had a negative net margin of 38.71% and a negative return on equity of 4.88%.

Land Securities Group Price Performance

Shares of LON:LAND opened at GBX 603 ($8.01) on Friday. Land Securities Group has a fifty-two week low of GBX 490.20 ($6.51) and a fifty-two week high of GBX 690 ($9.17). The business has a 50-day moving average of GBX 565.56 and a two-hundred day moving average of GBX 574.09. The stock has a market capitalization of £4.47 billion, a P/E ratio of -13.98, a P/E/G ratio of 12.39 and a beta of 1.44. The company has a debt-to-equity ratio of 59.04, a current ratio of 0.42 and a quick ratio of 0.54.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 557 ($7.40) price objective on shares of Land Securities Group in a research note on Monday, March 3rd.

About Land Securities Group

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.