MEQA Stock Chart & Stats
€13.85
€0.13(0.87%)
At close: 4:00 PM EDT
€13.85
€0.13(0.87%)
Day’s Range― - ―
52-Week Range€11.76 - €15.67
Previous CloseN/A
Volume0.00
Average Volume (3M)33.00
Market Cap
€7.57B
Enterprise Value€12.93K
Total Cash (Recent Filing)€1.57B
Total Debt (Recent Filing)€5.00B
Price to Earnings (P/E)8.5
Beta0.46
Next Earnings
Nov 13, 2026EPS Estimate
0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.41
Shares Outstanding620,000,000
10 Day Avg. Volume0
30 Day Avg. Volume33
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)0.87
Price to Sales (P/S)12.72
P/FCF Ratio17.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€16.14Price Target Upside16.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)0.53
Revenue Forecast (FY)€609.61M
Bulls Say, Bears Say
Bulls Say
Rental And FFO GrowthImproving rental income and higher FFO guidance indicate that Merlin is converting strong occupancy and leasing performance into recurring earnings. This supports cash-flow visibility and demonstrates operating momentum across the portfolio, providing a durable base for growth over the next several quarters.
Data-center CommercializationAccelerating data-center leasing creates a significant growth avenue beyond Merlin’s traditional assets and can expand recurring rental income as capacity becomes operational. Phase 1 is fully let, while the broader 724MW platform provides a substantial pipeline for future portfolio development.
Conservative Balance Sheet And LiquidityLow leverage and substantial liquidity give Merlin flexibility to meet maturities, fund committed development, and withstand changes in property or financing conditions. Maintaining investment-grade ratings further supports access to capital and reduces the risk that balance-sheet constraints limit strategic execution.
Bears Say
Higher Financing CostsPersistent financing-cost pressure can reduce the benefit of operating growth at the per-share level and constrain distributable cash. Because Merlin relies on debt alongside rental income to finance a large property portfolio, higher interest expense may remain a structural headwind to earnings conversion.
Data-center Permitting And Delivery RiskDelays in grid access and permitting could defer rental starts, extend development timelines, and postpone returns on capital already committed to data centers. These constraints may also make the timing of the company’s commercialization targets less predictable despite strong underlying customer demand.
Phase 3 Funding And Dilution RiskAdditional funding requirements increase execution risk as Merlin brings forward development spending and expands its data-center platform. Equity-linked financing could dilute existing shareholders, while broader capital-market dependence may reduce the portion of future growth captured on a per-share basis.
MERLIN Properties SOCIMI SA News
MEQA FAQ
What was MERLIN Properties SOCIMI SA’s price range in the past 12 months?
MERLIN Properties SOCIMI SA lowest stock price was €11.76 and its highest was €15.67 in the past 12 months.
What is MERLIN Properties SOCIMI SA’s market cap?
MERLIN Properties SOCIMI SA’s market cap is €7.57B.
When is MERLIN Properties SOCIMI SA’s upcoming earnings report date?
MERLIN Properties SOCIMI SA’s upcoming earnings report date is Nov 13, 2026 which is in 42 days.
How were MERLIN Properties SOCIMI SA’s earnings last quarter?
MERLIN Properties SOCIMI SA released its earnings results on Jul 27, 2026. The company reported €0.14 earnings per share for the quarter, beating the consensus estimate of €0.13 by €0.01.
Is MERLIN Properties SOCIMI SA overvalued?
According to Wall Street analysts MERLIN Properties SOCIMI SA’s price is currently Undervalued.
Does MERLIN Properties SOCIMI SA pay dividends?
MERLIN Properties SOCIMI SA does not currently pay dividends.
What is MERLIN Properties SOCIMI SA’s EPS estimate?
MERLIN Properties SOCIMI SA’s EPS estimate is 0.14.
How many shares outstanding does MERLIN Properties SOCIMI SA have?
MERLIN Properties SOCIMI SA has 620,000,000 shares outstanding.
What happened to MERLIN Properties SOCIMI SA’s price movement after its last earnings report?
MERLIN Properties SOCIMI SA reported an EPS of €0.14 in its last earnings report, beating expectations of €0.13. Following the earnings report the stock price went down -1.043%.
Which hedge fund is a major shareholder of MERLIN Properties SOCIMI SA?
Currently, no hedge funds are holding shares in DE:MEQA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
MERLIN Properties SOCIMI SA Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€16.14 (16.53% Upside)
€16.14 (16.53% Upside)
Insider Transactions
Bought Shares
Worth €579.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.57%
12-Months-Change
Fundamentals
Return on Equity
1.69%
Trailing 12-Months
Asset Growth
13.51%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
MERLIN Properties SOCIMI SA
MERLIN Properties SOCIMI, SA stands as a leading real estate firm traded on Spain's benchmark IBEX-35 stock index. Structured as a publicly listed SOCIMI, its core business involves the strategic acquisition, proactive management, operational oversight, and targeted divestment of premium commercial properties. These assets, categorized within the Core and Core Plus investment segments, are predominantly situated in Spain, with a more limited presence in Portugal. The company specializes in real estate across the office, retail, and logistics sectors.
MEQA Company Deck
MEQA Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a strong operational and commercial performance with double‑digit revenue growth, meaningful data‑center commercialization progress (Phase 1 fully let, rapid conversion of bookings, materially higher MW commercialized), robust shopping center and logistics metrics, low LTV and strong liquidity. Key risks highlighted were rising financing and construction costs, grid/permitting timing for certain data center sites, and the need for additional funding for Phase 3 (with potential dilution). Overall the positives—substantial data‑center traction, solid traditional asset performance and a conservative balance sheet—outweigh the near‑term funding, cost and permitting challenges.View all DE:MEQA earnings summariesMEQA Stock 12 Month Forecast
Average Price Target
€16.14
▲(16.53% Upside)
Technical Analysis
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