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)34.00
Market Cap
€7.66B
Enterprise Value€12.93K
Total Cash (Recent Filing)€1.57B
Total Debt (Recent Filing)€5.00B
Price to Earnings (P/E)8.8
Beta0.44
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. Volume70
30 Day Avg. Volume34
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 Upside21.12% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)0.54
Revenue Forecast (FY)€609.61M
Bulls Say, Bears Say
Bulls Say
Recurring Rental And FFO GrowthStrong like-for-like rental growth and higher FFO guidance indicate that Merlin is expanding recurring operating earnings across its property base. This supports cash-flow visibility and demonstrates that leasing performance, rather than only asset revaluations, is contributing to near-term fundamental momentum.
Data-center Platform ExpansionAccelerating data-center commercialization creates a meaningful growth avenue beyond Merlin’s traditional office, logistics, and retail assets. Converting development capacity into leased infrastructure should broaden the rental-income base and could improve the portfolio’s long-term growth profile as demand for digital capacity expands.
Conservative Leverage And LiquidityLow leverage and substantial liquidity provide Merlin with resilience against property-market volatility and financing pressure. The balance-sheet capacity also supports development and refinancing needs, while investment-grade ratings can preserve access to debt markets as the company expands its data-center pipeline.
Bears Say
Variable Earnings QualityReported profitability is not fully representative of recurring operating performance because unusually high net income likely includes non-operating or revaluation gains. The resulting gap between accounting earnings and operating cash flow reduces earnings predictability and makes sustainable returns harder to assess.
Localized Barcelona Office VacancyThe Barcelona vacancy demonstrates exposure to tenant concentration and uneven office-market demand within Merlin’s portfolio. Prolonged space availability could suppress rental growth, require incentives or capital expenditure, and weigh on income from affected assets even if Madrid and other segments remain resilient.
Phase 3 Funding And Development ExecutionMerlin’s data-center growth plan requires additional capital and depends on successful construction, equipment procurement, grid access, and permitting. These requirements can increase funding costs, delay rent generation, and potentially dilute existing shareholders before the targeted development returns are realized.
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 €7.66B.
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 57 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:
€16.78 (21.12% Upside)
€16.78 (21.12% 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
-2.57%
12-Months-Change
Fundamentals
Return on Equity
1.68%
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
€16.78
▲(21.12% Upside)
Technical Analysis
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