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MRL Stock Chart & Stats
€13.93
-€0.04(-0.26%)
At close: 4:00 PM EDT
€13.93
-€0.04(-0.26%)
Day’s Range― - ―
52-Week Range€11.81 - €15.92
Previous CloseN/A
Volume16.30K
Average Volume (3M)875.17K
Market Cap
€7.76B
Enterprise Value€12.93K
Total Cash (Recent Filing)€1.57B
Total Debt (Recent Filing)€5.00B
Price to Earnings (P/E)8.9
Beta0.75
Next Earnings
Nov 13, 2026EPS Estimate
0.14Next Dividend Ex-DateN/A
Dividend Yield1.72%
Share Statistics
EPS (TTM)1.41
Shares Outstanding620,000,000
10 Day Avg. Volume1,114,913
30 Day Avg. Volume875,175
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
€16.78Price Target Upside20.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)0.54
Revenue Forecast (FY)€609.61M
Bulls Say, Bears Say
Bulls Say
Rental And FFO GrowthStrong like-for-like rental growth, higher FFO and raised guidance indicate improving recurring earnings from the existing portfolio. This supports cash-flow visibility and demonstrates that occupancy, leasing spreads and asset operations are translating into durable operating progress.
Data-center CommercializationRapid data-center leasing materially expands Merlin’s growth platform beyond its traditional assets. Accelerated commercialization can create a larger recurring rental base and improve portfolio growth over several quarters, provided development and power-delivery schedules remain on track.
Conservative Balance SheetLow leverage, substantial liquidity and maintained investment-grade ratings provide financial flexibility for development and refinancing. This balance-sheet capacity helps Merlin absorb property-market volatility while funding data-center investment and meeting near-term obligations.
Bears Say
Higher Financing CostsRising financing expense can weaken per-share earnings even when property operations improve. Persistent funding-cost pressure would reduce cash available for distributions or reinvestment, making earnings growth less powerful for shareholders and increasing sensitivity to capital-market conditions.
Data-center Execution ConstraintsEquipment bottlenecks, higher construction costs and power or permitting delays could postpone the conversion of data-center demand into rental income. These constraints may raise required investment, defer returns and make the timing of the growth pipeline less predictable.
Further Funding And DilutionFunding Phase 3 through new equity or convertible securities could dilute existing shareholders and increase execution complexity. Additional capital needs also make Merlin more dependent on financing access while large development spending is brought forward into 2026–2028.
MERLIN Properties SOCIMI SA News
MRL FAQ
What was MERLIN Properties SOCIMI SA’s price range in the past 12 months?
MERLIN Properties SOCIMI SA lowest stock price was €11.81 and its highest was €15.92 in the past 12 months.
What is MERLIN Properties SOCIMI SA’s market cap?
MERLIN Properties SOCIMI SA’s market cap is €7.76B.
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 56 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 pays a Semiannually dividend of €0.015 which represents an annual dividend yield of 1.72%. See more information on MERLIN Properties SOCIMI SA dividends here
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 -2.941%.
Which hedge fund is a major shareholder of MERLIN Properties SOCIMI SA?
Currently, no hedge funds are holding shares in ES:MRL
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:
€16.78 (20.42% Upside)
€16.78 (20.42% Upside)
Insider Transactions
Bought Shares
Worth €559.0K 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
-0.27%
12-Months-Change
Fundamentals
Return on Equity
1.72%
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.
MRL Company Deck
MRL 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 ES:MRL earnings summariesMRL Stock 12 Month Forecast
Average Price Target
€16.78
▲(20.42% Upside)
Technical Analysis
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