Should I buy or sell MJ Gleeson stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MJ Gleeson in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GLE shares. View GLE analyst ratings or view top-rated stocks .

What is MJ Gleeson's stock price target for 2024?

1 equities research analysts have issued twelve-month target prices for MJ Gleeson's stock. Their GLE share price targets range from GBX 518 to GBX 518. On average, they anticipate the company's share price to reach GBX 518 in the next year. This suggests a possible upside of 5.2% from the stock's current price. View analysts price targets for GLE or view top-rated stocks among Wall Street analysts .

How have GLE shares performed in 2024?

MJ Gleeson's stock was trading at GBX 485 at the start of the year. Since then, GLE shares have increased by 1.5% and is now trading at GBX 492.50. View the best growth stocks for 2024 here .

How were MJ Gleeson's earnings last quarter?

MJ Gleeson plc (LON:GLE) issued its quarterly earnings data on Thursday, February, 13th. The company reported $19.91 EPS for the quarter. MJ Gleeson had a net margin of 5.49% and a trailing twelve-month return on equity of 6.00%.

How often does MJ Gleeson pay dividends? What is the dividend yield for MJ Gleeson?

MJ Gleeson announced a dividend on Thursday, February 15th. Shareholders of record on Thursday, February 29th will be given a dividend of GBX 4 per share on Tuesday, April 2nd. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, February 29th. The official announcement can be accessed at this link . Read our dividend analysis for GLE .

Is MJ Gleeson a good dividend stock?

MJ Gleeson (LON:GLE) pays an annual dividend of GBX 13 per share and currently has a dividend yield of 2.62%. The dividend payout ratio is 4,482.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for GLE .

What other stocks do shareholders of MJ Gleeson own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MJ Gleeson investors own include Galliford Try (GFRD) , Taylor Wimpey (TW) , Barratt Developments (BDEV) , Egalet (EGLT) , Beazer Homes USA (BZH) , Countryside Partnerships (CSP) , Invesco Enhanced Income (IPE) , Legal & General Group (LGEN) and Redrow (RDW) .

How do I buy shares of MJ Gleeson?

Shares of GLE 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:GLE

MJ Gleeson (GLE) Share Price, News & Analysis

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Free GLE Stock Alerts

GBX 492.50

-3.50 (-0.71%)

(As of 04/19/2024 ET)

Compare

Today's Range: 485.50
▼
495
50-Day Range: 475
▼
540
52-Week Range: 344.50
▼
548

Volume: 28,345 shs
Average Volume: 76,602 shs
Market Capitalization: £287.52 million

P/E Ratio: 1,698.28
Dividend Yield: 2.64%
Price Target: GBX 518

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

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MJ Gleeson MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 5.2% Upside
GBX 518 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
£11.05 M Bought Last Quarter
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.

0.47 out of 5 stars

1.5

Analyst's Opinion

Consensus Rating
MJ Gleeson has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
MJ Gleeson has received no research coverage in the past 90 days.

N/A

Short Interest

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

0.8

Dividend Strength

Dividend Yield
MJ Gleeson pays a meaningful dividend of 2.62%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
MJ Gleeson does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of MJ Gleeson is 4,482.76%. 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 GLE.

1.0

News and Social Media Coverage

News Sentiment
MJ Gleeson has a news sentiment score of -0.25. 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 0.34 average news sentiment score of Consumer Cyclical companies.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MJ Gleeson insiders have bought more of their company's stock than they have sold. Specifically, they have bought £110,493.74 in company stock and sold GBX 0 in company stock.
Percentage Held by Insiders
17.12% of the stock of MJ Gleeson is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
57.36% of the stock of MJ Gleeson 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 MJ Gleeson is 1,698.28, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 142.09.
Price to Earnings Ratio vs. Sector
The P/E ratio of MJ Gleeson is 1,698.28, which means that it is trading at a more expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 347.55.
Price to Book Value per Share Ratio
MJ Gleeson has a P/B Ratio of 1.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About MJ Gleeson Stock (LON:GLE)

MJ Gleeson plc engages in low-cost house building and land promotion activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Land. It also engages in the house building activities in the north of England and Midlands; and sale of land in the south of England. The company was incorporated in 2014 and is headquartered in Sheffield, the United Kingdom.

GLE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GLE Stock News Headlines

April 3, 2024 | insidertrades.com

Nicola Bruce Acquires 2,018 Shares of MJ Gleeson plc (LON:GLE) Stock

March 23, 2024 | insidertrades.com

James Thomson Buys 9,500 Shares of MJ Gleeson plc (LON:GLE) Stock

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 4, 2024 | msn.com

Antonio Pierce hits high notes, high bids at Raiders gala

March 29, 2024 | msn.com

Exploring Euphoria Stars Jacob Elordi, Zendaya, Sydney Sweeney, And More Celebs' Upcoming Projects

March 28, 2024 | finance.yahoo.com

MJ Gleeson (LON:GLE) investors are sitting on a loss of 33% if they invested five years ago

March 26, 2024 | gurufocus.com

Half Year 2022 MJ Gleeson PLC Earnings Call Transcript

March 26, 2024 | gurufocus.com

Full Year 2022 MJ Gleeson PLC Earnings Call Transcript

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 14, 2024 | dailymail.co.uk

Cheltenham Festival full race results as Willie Mullins dominates days one and two becoming first trainer to 100 wins and day three is headlined by the Ryanair Steeple Chase

February 19, 2024 | msn.com

Housebuilders call for urgent stamp duty cut to boost property market

February 16, 2024 | thetimes.co.uk

Profits halve at MJ Gleeson, but housebuilder is ready for spring

February 15, 2024 | msn.com

BUSINESS LIVE: GDP shrinks 0.3% in Q4; Close Brothers scraps divi; Centrica boosted by price cap jump

February 15, 2024 | msn.com

Gove’s shake up ‘won’t touch surface’ of property crisis, says housing boss

February 15, 2024 | msn.com

Profits and average house price down at MJ Gleeson as property market slowdown bites

February 15, 2024 | msn.com

Housebuilder MJ Gleeson sees ‘positive signs’ of recovery despite drop in profits

February 15, 2024 | marketwatch.com

M.J. Gleeson Profit, Revenue Fell But Sees Signs of Recovery

February 15, 2024 | msn.com

Gleeson sees profits plummet but detects positive signs in housing market

February 15, 2024 | msn.com

Housebuilder MJ Gleeson' selling prices and profits fall

February 11, 2024 | finance.yahoo.com

Is There Now An Opportunity In MJ Gleeson plc (LON:GLE)?

February 9, 2024 | morningstar.com

MJ Gleeson PLC GLE

January 16, 2024 | news.yahoo.com

This housebuilder’s balance sheet is sound despite a challenging property market

January 10, 2024 | markets.businessinsider.com

MJ Gleeson Crashes 8% on Disappointing Trading Update

January 9, 2024 | msn.com

‘Weaker’ market conditions result in drop in sales for housebuilder MJ Gleeson

January 9, 2024 | msn.com

Housebuilder MJ Gleeson sounds note of optimism for housing market

January 9, 2024 | marketwatch.com

M.J. Gleeson Says Sales Slipped, But Expects Demand Recovery

December 19, 2023 | msn.com

Markets expect four rate cuts next year – something that will do this housebuilder a power of good

See More Headlines

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Company Calendar

Last Earnings: 2/13/2020
Ex-Dividend for 4/2 Dividend: 2/29/2024
Dividend Payable: 4/02/2024
Today: 4/19/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Consumer Cyclical
Industry: Residential Construction
Sub-Industry: N/A
Current Symbol: LON:GLE
CUSIP: N/A
CIK: N/A
Web: www.mjgleeson.com
Phone: 44 1142 612 900
Fax: N/A
Employees: 743
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 518
High Stock Price Target: GBX 518
Low Stock Price Target: GBX 518
Potential Upside/Downside: +5.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.29
Trailing P/E Ratio: 1,698.28
Forward P/E Ratio: 14.50
P/E Growth: N/A
Net Income: £16.97 million
Net Margins: 5.49%
Pretax Margin: N/A
Return on Equity: 6.00%
Return on Assets: 4.23%

Debt

Debt-to-Equity Ratio: 8.37
Current Ratio: 4.61
Quick Ratio: 0.89

Sales & Book Value

Annual Sales: £308.78 million
Price / Sales: 0.93
Cash Flow: GBX 81.26 per share
Price / Cash Flow: 6.06
Book Value: GBX 493 per share
Price / Book: 1.00

Miscellaneous

Outstanding Shares: 58,380,000
Free Float: N/A
Market Cap: £287.52 million
Optionable: Not Optionable
Beta: 0.98

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Key Executives

Mr. Graham Prothero (Age 63)
CEO & Director
Comp: $694.7k
Mr. Stefan Peter Allanson A.C.M.A. (Age 59)
CGMA, FCT, CFO & Executive Director
Comp: $392k
Ms. Leanne Johnson
Head of Legal & Company Secretary
Beth Broughton
Director of Human Resources
Mr. Guy Gusterson BSc MBA (Age 54)
Managing Director of Gleeson Land
Mr. Mark Knight
Chief Executive of Gleeson Homes

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

GLE Stock Analysis - Frequently Asked Questions

Should I buy or sell MJ Gleeson stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MJ Gleeson in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GLE shares.
View GLE analyst ratings or view top-rated stocks.
What is MJ Gleeson's stock price target for 2024?: 1 equities research analysts have issued twelve-month target prices for MJ Gleeson's stock. Their GLE share price targets range from GBX 518 to GBX 518. On average, they anticipate the company's share price to reach GBX 518 in the next year. This suggests a possible upside of 5.2% from the stock's current price.
View analysts price targets for GLE or view top-rated stocks among Wall Street analysts.
How have GLE shares performed in 2024?: MJ Gleeson's stock was trading at GBX 485 at the start of the year. Since then, GLE shares have increased by 1.5% and is now trading at GBX 492.50.
View the best growth stocks for 2024 here.
How were MJ Gleeson's earnings last quarter?: MJ Gleeson plc (LON:GLE) issued its quarterly earnings data on Thursday, February, 13th. The company reported $19.91 EPS for the quarter. MJ Gleeson had a net margin of 5.49% and a trailing twelve-month return on equity of 6.00%.

How often does MJ Gleeson pay dividends? What is the dividend yield for MJ Gleeson?: MJ Gleeson announced a dividend on Thursday, February 15th. Shareholders of record on Thursday, February 29th will be given a dividend of GBX 4 per share on Tuesday, April 2nd. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, February 29th. The official announcement can be accessed at this link.
Read our dividend analysis for GLE.
Is MJ Gleeson a good dividend stock?: MJ Gleeson (LON:GLE) pays an annual dividend of GBX 13 per share and currently has a dividend yield of 2.62%. The dividend payout ratio is 4,482.76%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GLE.
What other stocks do shareholders of MJ Gleeson own?: Based on aggregate information from My MarketBeat watchlists, some companies that other MJ Gleeson investors own include Galliford Try (GFRD), Taylor Wimpey (TW), Barratt Developments (BDEV), Egalet (EGLT), Beazer Homes USA (BZH), Countryside Partnerships (CSP), Invesco Enhanced Income (IPE), Legal & General Group (LGEN) and Redrow (RDW).
How do I buy shares of MJ Gleeson?: Shares of GLE 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:GLE) was last updated on 4/19/2024 by MarketBeat.com Staff

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MJ Gleeson (GLE) Share Price, News & Analysis

MJ Gleeson 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

Company Ownership

Earnings and Valuation

About MJ Gleeson Stock (LON:GLE)

GLE Stock Price History

GLE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

GLE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™