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LondonMetric Property (LMP) Share Price & Analysis
LMP Stock Chart & Stats
- Day’s Range
- GBX 183.70 - GBX 185.70
- 52-Week Range
- GBX 170.20 - GBX 216.20
- Previous Close
- GBX 184.10
- Volume
- N/A
- Average Volume (3M)
- 6.90M
- Market Cap
- GBP 4.50B
- Enterprise Value
- GBP 7.11B
- Total Cash (Recent Filing)
- GBP 143.40M
- Total Debt (Recent Filing)
- GBP 2.99B
- Price to Earnings (P/E)
- 14.2
- Beta
- 0.96
- Next Earnings
- Nov 24, 2026 (Est.)
- EPS Estimate
- 0.07
- Last Dividend Ex-Date
- Aug 27, 2026
- Dividend Yield
- 6.81%
Bulls Say, Bears Say
Bulls Say
Strong Rental Income Growth
Rapid growth in net rental income indicates that the enlarged portfolio is translating into recurring operating cash earnings. Acquisitions and active asset management provide multiple routes to sustain rental growth, supporting profitability and reinvestment over the next several quarters.
Significant Rental Uplift Potential
Strong rent-review uplifts demonstrate embedded pricing power within the existing portfolio, reducing reliance on acquisitions for growth. Repricing leases toward market levels can support like-for-like income expansion and improve the durability of rental returns over the medium term.
Reliable Collections And Well-covered Dividends
Near-complete rent collection and full cash dividend cover indicate that reported rental earnings are converting effectively into cash. This supports dependable shareholder distributions and suggests the income model remains resilient across the next two to six months.
Bears Say
Materially Higher Leverage
The substantial increase in debt has raised financial risk and reduced flexibility if property values or financing conditions deteriorate. Although management expects disposals to reduce gearing, leverage remains elevated and could constrain capital allocation during the medium-term outlook.
Weaker Free-cash-flow Momentum
A sharp decline in free cash flow weakens cash conversion despite higher revenue, potentially leaving less internally generated funding for dividends, debt reduction, acquisitions, or asset investment. Persistent deterioration would make the growth strategy more dependent on disposals or external financing.
Vacancy And Execution Required To Realize Income
The vacant space represents an operational gap that must be addressed before the portfolio can fully realize its rental potential. Capturing the identified reversion depends on successful lettings and execution, creating medium-term uncertainty around the timing of income growth.
LondonMetric Property News
LMP FAQ
What was LondonMetric Property’s price range in the past 12 months?
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When is LondonMetric Property’s upcoming earnings report date?
How were LondonMetric Property’s earnings last quarter?
Is LondonMetric Property overvalued?
Does LondonMetric Property pay dividends?
What is LondonMetric Property’s EPS estimate?
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What happened to LondonMetric Property’s price movement after its last earnings report?
Which hedge fund is a major shareholder of LondonMetric Property?
What is the TipRanks Smart Score and how is it calculated?
LondonMetric Property Stock Smart Score
Company Description
LondonMetric Property
LondonMetric Property Plc, a prominent FTSE 250 Real Estate Investment Trust (REIT), specialises in owning and managing a substantial portfolio of commercial properties across the UK. This includes one of the nation's premier listed logistics platforms, complemented by a diversified array of long income assets, collectively spanning an impressive 16 million square feet. The company's strategy centres on acquiring and optimising high-quality real estate that precisely meets the demands of its occupiers. This approach consistently generates dependable, recurring, and increasing income-led returns, and positions LondonMetric for sustained outperformance over the long term.
- Sector
- Realestate
- Industry
- REIT - Industrial
- CEO
- Andrew Marc Jones
- Employees
- 54
- Website
- www.londonmetric.com
- Address
- One Curzon Street, London, GL, W1J 5HB, GB
LondonMetric Property (LMP) Earnings & Revenues
LMP Earnings Call
Earnings Call SentimentPositive
The call presented a largely positive operational and financial performance: strong portfolio growth (including material acquisitions), robust net rental income and EPRA earnings growth, disciplined asset management with significant rent uplifts, exceptional rent collection and a progressive dividend backed by good coverage. The group also strengthened its funding profile and hedging. Key negatives were higher net finance costs and gross debt from acquisition activity, one‑off exceptional charges that reduced reported returns, increased leverage metrics (net debt/EBITDA up to 7.5x), and a challenging macro/interest‑rate environment that creates valuation and execution risk. Management expects disposals and active asset management to mitigate gearing and vacancy over time.
View all GB:LMP earnings summariesLMP Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 13 | 4 | 5 |
| Technical Analysis | 2 | 4 | 4 |
| Moving Averages | 11 | 0 | 1 |









