Should I buy or sell Unite Group stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Unite Group in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" UTG shares. View UTG analyst ratings or view top-rated stocks .

What is Unite Group's stock price target for 2024?

4 equities research analysts have issued 1-year target prices for Unite Group's shares. Their UTG share price targets range from GBX 1,030 to GBX 1,155. On average, they predict the company's share price to reach GBX 1,084.25 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price. View analysts price targets for UTG or view top-rated stocks among Wall Street analysts .

How have UTG shares performed in 2024?

Unite Group's stock was trading at GBX 1,044 at the beginning of the year. Since then, UTG shares have decreased by 12.2% and is now trading at GBX 917.04. View the best growth stocks for 2024 here .

How often does Unite Group pay dividends? What is the dividend yield for Unite Group?

Unite Group announced a dividend on Tuesday, February 27th. Investors of record on Thursday, April 18th will be given a dividend of GBX 23.60 per share on Friday, May 24th. This represents a yield of 2.39%. The ex-dividend date is Thursday, April 18th. This is a positive change from the stock's previous dividend of GBX 11.80. The official announcement can be accessed at this link . Read our dividend analysis for UTG .

Is Unite Group a good dividend stock?

Unite Group (LON:UTG) pays an annual dividend of GBX 35 per share and currently has a dividend yield of 3.67%. The dividend payout ratio is 14,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for UTG .

What other stocks do shareholders of Unite Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Unite Group investors own include The Berkeley Group (BKG) , Johnson & Johnson (JNJ) , Premier Oil (PMO) , BAE Systems (BAESY) , Infrastructure India (IIP) , AT&T (T) , Verizon Communications (VZ) , Enterprise Products Partners (EPD) , Main Street Capital (MAIN) and International Business Machines (IBM) .

How do I buy shares of Unite Group?

Shares of UTG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

LON:UTG

Unite Group (UTG) Share Price, News & Analysis

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Free UTG Stock Alerts

GBX 920.50

+5.60 (+0.61%)

(As of 04/18/2024 ET)

Compare

Today's Range: 913.50
▼
934
50-Day Range: 922
▼
1,006
52-Week Range: 834.28
▼
1,069

Volume: 575,741 shs
Average Volume: 804,236 shs
Market Capitalization: £4.01 billion

P/E Ratio: 3,682.00
Dividend Yield: 3.80%
Price Target: GBX 1,084.25

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

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Unite Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 18.2% Upside
GBX 1,084.25 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.89 out of 5 stars

2.4

Analyst's Opinion

Consensus Rating
Unite Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Unite Group has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for UTG.

1.7

Dividend Strength

Dividend Leadership
Unite Group is a leading dividend payer. It pays a dividend yield of 3.67%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Unite Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Unite Group is 14,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UTG.

1.4

News and Social Media Coverage

News Sentiment
Unite Group has a news sentiment score of -0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Real Estate companies.
Search Interest
17 people have searched for UTG on MarketBeat in the last 30 days. This is an increase of 42% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Unite Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.32% of the stock of Unite Group is held by insiders.
Percentage Held by Institutions
86.21% of the stock of Unite Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Unite Group is 3,668.16, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Unite Group is 3,668.16, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 208.94.
Price to Earnings Growth Ratio
Unite Group has a PEG Ratio of 3.20. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Unite Group has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Unite Group Stock (LON:UTG)

Unite Group PLC, owns, manages, and develops purpose-built student accommodation facilities for the higher education sector in the United Kingdom. The company operates through Operations and Property segments. It manages rental properties, as well as offers asset management services. The company was founded in 1991 and is headquartered in Bristol, England.

UTG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UTG Stock News Headlines

April 11, 2024 | americanbankingnews.com

Unite Group (LON:UTG) Reaches New 52-Week Low at $9.55

March 12, 2024 | tmcnet.com

Convergint's 18th Annual Unite Conference to Reinforce a Culture of Innovation and Service

April 18, 2024 | American Alternative (Ad)

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March 2, 2024 | fool.co.uk

2 REITs I’d love to buy in March to target juicy returns

February 20, 2024 | lse.co.uk

London open: Stocks fall as miners slump; Barclays rallies after results

February 18, 2024 | msn.com

2 REITs I’m considering buying to target a lifetime of passive income!

January 23, 2024 | msn.com

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.05%

January 3, 2024 | seekingalpha.com

April 18, 2024 | American Alternative (Ad)

Your Money is Not Safe

December 24, 2023 | msn.com

Amid union’s tentative deals with more hotels, workers plan Rose Parade day pickets

December 22, 2023 | lse.co.uk

London close: Stocks flat after GDP data, retail sales

December 16, 2023 | seekingalpha.com

Shareholders Unite

December 5, 2023 | uk.investing.com

London midday: FTSE stays down as investors mull retail sales, services data

December 1, 2023 | seekingalpha.com

UTG And UTF: Enjoy The Recovery, But Don't Keep The Cash

November 22, 2023 | lse.co.uk

London midday: Stocks flat as Autumn Statement looms

November 14, 2023 | msn.com

2 top FTSE 100 stocks investors should consider buying

July 8, 2023 | uk.movies.yahoo.com

REIT investing: 2 top dividend stocks I’m looking to buy right now!

July 7, 2023 | msn.com

Column: Three’s not a crowd. Meet the co-presidents of the union behind the hotel workers’ strike

July 6, 2023 | benzinga.com

LA HOTELS FILE UNFAIR LABOR CHARGES AGAINST UNITE HERE, LOCAL 11

July 5, 2023 | msn.com

Unite Here Local 11 offers false hopes to striking hotel workers

July 2, 2023 | msn.com

Hollywood Hotel Employees Now Striking Too

May 28, 2023 | msn.com

2 FTSE 100 and FTSE 250 income shares I’d buy for passive income!

April 24, 2023 | msn.com

Unite IE Conservative Summit, April 29, 2023

April 13, 2023 | it.tmcnet.com

Unite Private Networks Announces Market Expansion into Janesville and Beloit, Wisconsin

February 28, 2023 | markets.businessinsider.com

Unite FY22 Results Climb, Lifts Dividend; Sees Higher Earnings In FY23, Ups Rental Growth View

January 10, 2023 | uk.finance.yahoo.com

4.1% dividend yield! A FTSE 100 REIT I’d buy for long-term passive income

November 4, 2022 | finance.yahoo.com

Unite Group Plc (UTG.L)

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Company Calendar

Today: 4/18/2024
Ex-Dividend for 5/24 Dividend: 4/18/2024
Dividend Payable: 5/24/2024

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Industry, Sector and Symbol

Stock Exchange: LON
Sector: Real Estate
Industry: REIT - Diversified
Sub-Industry: N/A
Current Symbol: LON:UTG
CUSIP: N/A
CIK: N/A
Web: www.unite-group.co.uk
Phone: +44-117-3027000
Fax: N/A
Employees: 1,801
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 1,084.25
High Stock Price Target: GBX 1,155
Low Stock Price Target: GBX 1,030
Potential Upside/Downside: +18.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.25
Trailing P/E Ratio: 3,668.16
Forward P/E Ratio: 20.48
P/E Growth: 3.2
Net Income: £102.50 million
Net Margins: 31.20%
Pretax Margin: N/A
Return on Equity: 2.62%
Return on Assets: 2.38%

Debt

Debt-to-Equity Ratio: 28.47
Current Ratio: 0.43
Quick Ratio: 0.73

Sales & Book Value

Annual Sales: £328.50 million
Price / Sales: 12.17
Cash Flow: GBX 24.11 per share
Price / Cash Flow: 38.03
Book Value: GBX 933 per share
Price / Book: 0.98

Miscellaneous

Outstanding Shares: 435,860,000
Free Float: N/A
Market Cap: £4.00 billion
Optionable: Not Optionable
Beta: 1.18

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Key Executives

Mr. Joseph J. Lister (Age 53)
CEO & Director
Comp: $682.29k
Mr. Richard S. Smith (Age 50)
Advisor
Comp: $866.01k
Mr. Michael James Burt (Age 41)
Group Investment Director & CFO
Mr. Karan Khanna
Chief Operating Officer
Mr. Tom Ellis
Group Strategy & Technology Director
Ms. Caroline Hall
PA to CFO & Corporate Development Director
Mr. Christopher Robert Szpojnarowicz (Age 56)
Company Secretary, Head of Legal & Group Legal Director
Katherine Grafton
Deputy Chief Financial Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

UTG Stock Analysis - Frequently Asked Questions

Should I buy or sell Unite Group stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Unite Group in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" UTG shares.
View UTG analyst ratings or view top-rated stocks.
What is Unite Group's stock price target for 2024?: 4 equities research analysts have issued 1-year target prices for Unite Group's shares. Their UTG share price targets range from GBX 1,030 to GBX 1,155. On average, they predict the company's share price to reach GBX 1,084.25 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price.
View analysts price targets for UTG or view top-rated stocks among Wall Street analysts.
How have UTG shares performed in 2024?: Unite Group's stock was trading at GBX 1,044 at the beginning of the year. Since then, UTG shares have decreased by 12.2% and is now trading at GBX 917.04.
View the best growth stocks for 2024 here.
How often does Unite Group pay dividends? What is the dividend yield for Unite Group?: Unite Group announced a dividend on Tuesday, February 27th. Investors of record on Thursday, April 18th will be given a dividend of GBX 23.60 per share on Friday, May 24th. This represents a yield of 2.39%. The ex-dividend date is Thursday, April 18th. This is a positive change from the stock's previous dividend of GBX 11.80. The official announcement can be accessed at this link.
Read our dividend analysis for UTG.

Is Unite Group a good dividend stock?: Unite Group (LON:UTG) pays an annual dividend of GBX 35 per share and currently has a dividend yield of 3.67%. The dividend payout ratio is 14,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for UTG.
What other stocks do shareholders of Unite Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Unite Group investors own include The Berkeley Group (BKG), Johnson & Johnson (JNJ), Premier Oil (PMO), BAE Systems (BAESY), Infrastructure India (IIP), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Main Street Capital (MAIN) and International Business Machines (IBM).
How do I buy shares of Unite Group?: Shares of UTG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:UTG) was last updated on 4/18/2024 by MarketBeat.com Staff

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Unite Group (UTG) Share Price, News & Analysis

Unite Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

Search Interest

Company Ownership

Earnings and Valuation

About Unite Group Stock (LON:UTG)

UTG Stock Price History

UTG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

UTG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™