LSL Property Services (LON:LSL) Posts Quarterly Earnings Results

LSL Property Services (LON:LSL) announced its earnings results on Wednesday. The company reported GBX 21.10 ($0.27) earnings per share for the quarter, Digital Look Earnings reports. LSL Property Services had a net margin of 6.74% and a return on equity of 13.68%.

LSL Property Services Trading Up 1.3 %

LSL opened at GBX 278.53 ($3.61) on Friday. LSL Property Services has a one year low of GBX 252 ($3.26) and a one year high of GBX 355 ($4.60). The company has a debt-to-equity ratio of 62.42, a quick ratio of 1.06 and a current ratio of 1.30. The stock has a market cap of £286.60 million, a price-to-earnings ratio of 26.92, a P/E/G ratio of 1.49 and a beta of 1.09. The stock’s 50 day moving average price is GBX 278.07 and its 200-day moving average price is GBX 288.08.

LSL Property Services Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 8th will be given a dividend of GBX 7.40 ($0.10) per share. This represents a dividend yield of 2.79%. The ex-dividend date of this dividend is Thursday, May 8th. This is a positive change from LSL Property Services’s previous dividend of $4.00. LSL Property Services’s payout ratio is 106.30%.

Insider Activity at LSL Property Services

In other news, insider Adrian Collins purchased 20,000 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was purchased at an average price of GBX 276 ($3.57) per share, for a total transaction of £55,200 ($71,465.56). Also, insider Adam Castleton acquired 8,725 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The stock was purchased at an average cost of GBX 295 ($3.82) per share, for a total transaction of £25,738.75 ($33,323.08). Insiders acquired a total of 28,778 shares of company stock worth $8,108,927 in the last quarter. 15.29% of the stock is owned by company insiders.

LSL Property Services Company Profile

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising.