Should I buy or sell Mears Group stock right now?

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

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

1 equities research analysts have issued twelve-month target prices for Mears Group's shares. Their MER share price targets range from GBX 420 to GBX 420. On average, they expect the company's share price to reach GBX 420 in the next year. This suggests a possible upside of 15.7% from the stock's current price. View analysts price targets for MER or view top-rated stocks among Wall Street analysts .

How have MER shares performed in 2024?

Mears Group's stock was trading at GBX 310 at the beginning of the year. Since then, MER stock has increased by 17.1% and is now trading at GBX 363. View the best growth stocks for 2024 here .

How were Mears Group's earnings last quarter?

Mears Group plc (LON:MER) issued its quarterly earnings results on Tuesday, August, 13th. The company reported $9.16 earnings per share (EPS) for the quarter. Mears Group had a net margin of 3.23% and a trailing twelve-month return on equity of 17.70%.

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

Mears Group declared a dividend on Thursday, August 3rd. Investors of record on Thursday, October 5th will be paid a dividend of GBX 3.70 per share on Friday, October 27th. This represents a dividend yield of 1.37%. The ex-dividend date is Thursday, October 5th. The official announcement can be accessed at this link . Read our dividend analysis for MER .

Is Mears Group a good dividend stock?

Mears Group (LON:MER) pays an annual dividend of GBX 11 per share and currently has a dividend yield of 2.98%. The dividend payout ratio is 4,230.77%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for MER .

What other stocks do shareholders of Mears Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mears Group investors own include Topps Tiles (TPT) , Vertu Motors (VTU) , BT Group (BT) , Smiths News Plc (CNCT.L) (CNCT) , Debenhams (DEB) , Laird (LRD) , Kier Group (KIE) , Malibu Boats (MBUU) and Merchants Trust (MRCH) .

How do I buy shares of Mears Group?

Shares of MER 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:MER

Mears Group (MER) Share Price, News & Analysis

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Free MER Stock Alerts

GBX 363

+2.00 (+0.55%)

(As of 04/18/2024 09:23 PM ET)

Compare

Today's Range: 362.66
▼
367.85
50-Day Range: 332.50
▼
373
52-Week Range: 199.70
▼
379.50

Volume: 1.38 million shs
Average Volume: 434,444 shs
Market Capitalization: £353.78 million

P/E Ratio: 1,396.15
Dividend Yield: 3.03%
Price Target: GBX 420

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

Get Mears Group alerts:

Mears Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 15.7% Upside
GBX 420 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.70
Based on 3 Articles This Week
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.

1.50 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
Mears Group 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
Mears Group has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

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

0.8

Dividend Strength

Dividend Yield
Mears Group pays a meaningful dividend of 2.98%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Mears Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Mears Group is 4,230.77%. 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 MER.

2.6

News and Social Media Coverage

News Sentiment
Mears Group has a news sentiment score of 0.70. 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 higher news sentiment than the 0.37 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Mears Group this week, compared to 0 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mears Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.01% of the stock of Mears Group is held by insiders.
Percentage Held by Institutions
124.33% of the stock of Mears Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Mears Group is 1,396.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 144.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mears Group is 1,396.15, which means that it is trading at a more expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 305.05.
Price to Earnings Growth Ratio
Mears Group has a PEG Ratio of 0.68. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Mears Group has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Mears Group Stock (LON:MER)

Mears Group plc, through its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. It offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services. The company also provides housing management services, which include supply of affordable homes to public and private sectors, emergency and temporary accommodation services, affordable housing/social housing management, housing with care services, and housing services to government departments. In addition, it offers house building services; and facilities management services to the public and private sectors, including defense estates, education, healthcare, public buildings, and commercial office accommodation. The company was founded in 1988 and is headquartered in Gloucester, the United Kingdom.

MER Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MER Stock News Headlines

April 12, 2024 | msn.com

Mears sees profit jump and expects strong result in 2024

April 12, 2024 | finance.yahoo.com

Mears Group Full Year 2023 Earnings: In Line With Expectations

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Mears Group (LON:MER) PT Raised to GBX 420 at Numis Securities

April 10, 2024 | americanbankingnews.com

Mears Group (LON:MER) Share Price Passes Above 200-Day Moving Average of $311.68

March 15, 2024 | finance.yahoo.com

With EPS Growth And More, Mears Group (LON:MER) Makes An Interesting Case

February 22, 2024 | finance.yahoo.com

Mears Group Insider Ups Holding During Year

December 19, 2023 | finance.yahoo.com

Mears Group (LON:MER) shareholders have earned a 31% CAGR over the last three years

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November 23, 2023 | finance.yahoo.com

Are Mears Group plc (LON:MER) Investors Paying Above The Intrinsic Value?

November 17, 2023 | news.yahoo.com

25 years of Mer-Mer's Bakery in Knoxville

November 7, 2023 | finance.yahoo.com

Is Mears Group plc (LON:MER) Potentially Undervalued?

October 26, 2023 | finance.yahoo.com

Mears Group PLC (MM7.MU)

October 23, 2023 | finance.yahoo.com

Declining Stock and Solid Fundamentals: Is The Market Wrong About Mears Group plc (LON:MER)?

September 22, 2023 | finance.yahoo.com

Mears Group (LON:MER) Is Increasing Its Dividend To £0.037

September 15, 2023 | finance.yahoo.com

Jim Clarke Buys Handful Of Shares In Mears Group

September 8, 2023 | finance.yahoo.com

Mears Group (LON:MER) Has Announced That It Will Be Increasing Its Dividend To £0.037

September 3, 2023 | nasdaq.com

Mears Group (LSE:MER) Price Target Increased by 6.61% to 328.95

August 25, 2023 | finance.yahoo.com

Mears Group's (LON:MER) Shareholders Will Receive A Bigger Dividend Than Last Year

August 23, 2023 | uk.finance.yahoo.com

MER.L - Mears Group plc

July 10, 2023 | finance.yahoo.com

Mears Group's (LON:MER) investors will be pleased with their notable 98% return over the last three years

June 16, 2023 | finance.yahoo.com

A Look At The Fair Value Of Mears Group plc (LON:MER)

May 30, 2023 | finance.yahoo.com

At UK£2.41, Is It Time To Put Mears Group plc (LON:MER) On Your Watch List?

May 14, 2023 | finance.yahoo.com

Has Mears Group plc's (LON:MER) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

May 9, 2023 | finance.yahoo.com

Investors’ Chronicle: Mears, Card Factory, Lords Trading Group

April 30, 2023 | finance.yahoo.com

Is Now The Time To Put Mears Group (LON:MER) On Your Watchlist?

April 30, 2023 | finance.yahoo.com

Mears Group Full Year 2022 Earnings: Beats Expectations

See More Headlines

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Company Calendar

Last Earnings: 8/13/2019
Today: 4/18/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Consumer Cyclical
Industry: Personal Services
Sub-Industry: N/A
Current Symbol: LON:MER
CUSIP: N/A
CIK: N/A
Web: www.mearsgroup.co.uk
Phone: +44-87-06071400
Fax: N/A
Employees: 5,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 420
High Stock Price Target: GBX 420
Low Stock Price Target: GBX 420
Potential Upside/Downside: +15.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.26
Trailing P/E Ratio: 1,396.15
Forward P/E Ratio: 11.75
P/E Growth: 0.68
Net Income: £35.20 million
Net Margins: 3.23%
Pretax Margin: N/A
Return on Equity: 17.70%
Return on Assets: 4.96%

Debt

Debt-to-Equity Ratio: 145.24
Current Ratio: 0.96
Quick Ratio: 0.92

Sales & Book Value

Annual Sales: £1.09 billion
Price / Sales: 0.32
Cash Flow: GBX 155.11 per share
Price / Cash Flow: 2.34
Book Value: GBX 198 per share
Price / Book: 1.83

Miscellaneous

Outstanding Shares: 97,460,000
Free Float: N/A
Market Cap: £353.78 million
Optionable: Not Optionable
Beta: 1.18

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Key Executives

Mr. Andrew C. M. Smith (Age 52)
CFO & Executive Director
Comp: $578k
Mr. Lucas Critchley (Age 42)
CEO & Executive Director
Mr. Jason Burt (Age 58)
Group Director of Health, Safety, & Compliance
Comp: $18k
Mr. John Taylor
Chief Operating Officer of Mears Housing
Jonathan Mallen-Beadle
Managing Director of Mears Living
Mr. Ben Westran (Age 47)
Company Secretary
Ms. Bernadette Walsh (Age 62)
Chief Operating Officer of Mears Care

Key Competitors

View All Competitors

Insiders

Jim Clarke
Bought 30,000 shares on 9/11/2023
Total: £8.28 M ($276.00/share)

View All Insider Transactions

MER Stock Analysis - Frequently Asked Questions

Should I buy or sell Mears Group stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mears Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MER shares.
View MER analyst ratings or view top-rated stocks.
What is Mears Group's stock price target for 2024?: 1 equities research analysts have issued twelve-month target prices for Mears Group's shares. Their MER share price targets range from GBX 420 to GBX 420. On average, they expect the company's share price to reach GBX 420 in the next year. This suggests a possible upside of 15.7% from the stock's current price.
View analysts price targets for MER or view top-rated stocks among Wall Street analysts.
How have MER shares performed in 2024?: Mears Group's stock was trading at GBX 310 at the beginning of the year. Since then, MER stock has increased by 17.1% and is now trading at GBX 363.
View the best growth stocks for 2024 here.
How were Mears Group's earnings last quarter?: Mears Group plc (LON:MER) issued its quarterly earnings results on Tuesday, August, 13th. The company reported $9.16 earnings per share (EPS) for the quarter. Mears Group had a net margin of 3.23% and a trailing twelve-month return on equity of 17.70%.

How often does Mears Group pay dividends? What is the dividend yield for Mears Group?: Mears Group declared a dividend on Thursday, August 3rd. Investors of record on Thursday, October 5th will be paid a dividend of GBX 3.70 per share on Friday, October 27th. This represents a dividend yield of 1.37%. The ex-dividend date is Thursday, October 5th. The official announcement can be accessed at this link.
Read our dividend analysis for MER.
Is Mears Group a good dividend stock?: Mears Group (LON:MER) pays an annual dividend of GBX 11 per share and currently has a dividend yield of 2.98%. The dividend payout ratio is 4,230.77%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MER.
What other stocks do shareholders of Mears Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Mears Group investors own include Topps Tiles (TPT), Vertu Motors (VTU), BT Group (BT), Smiths News Plc (CNCT.L) (CNCT), Debenhams (DEB), Laird (LRD), Kier Group (KIE), Malibu Boats (MBUU) and Merchants Trust (MRCH).
How do I buy shares of Mears Group?: Shares of MER 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:MER) was last updated on 4/19/2024 by MarketBeat.com Staff

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Mears Group (MER) Share Price, News & Analysis

Mears 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

News Coverage This Week

Company Ownership

Earnings and Valuation

About Mears Group Stock (LON:MER)

MER Stock Price History

MER Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

MER Stock Analysis - Frequently Asked Questions

Overall MarketRank^™