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MERLIN Properties SOCIMI SA

MRL.MC

Latest Trade

12.83EUR

Change

-0.02(-0.16%)

Volume

250,017

Today's Range

12.82

 - 

13.09

52 Week Range

10.50

 - 

13.57

As of on the Mercado Continuo Espana ∙ Minimum 15 minute delay

Pricing

Previous Close
12.85
Open
12.85
Volume
250,017
3M AVG Volume
17.26
Today's High
13.09
Today's Low
12.82
52 Week High
13.57
52 Week Low
10.50
Shares Out (MIL)
464.69
Market Cap (MIL)
6,036.55
Forward P/E
20.72
Dividend (Yield %)
3.89

Next Event

Nine Months 2019 MERLIN Properties SOCIMI SA Earnings Call

Latest Developments

More

Merlin Properties 9-Month Net Profit Down At 316.2 Mln Euros YoY

Merlin Properties Grants 129 Mln Euro Loan To San Jose's Unit

Merlin Properties To Pay Interim Dividend Of 0.20 Euro Gross/Shr

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About MERLIN Properties SOCIMI SA

MERLIN Properties SOCIMI SA is a Spain-based company engaged in the operation of a real estate investment trust (REIT). The Company focuses on the acquisition, management and rental of commercial properties located in the Iberian Peninsula, primarily in Spain. The Company's activities are divided into the following segments: Office buildings, operating a portfolio of office space; High-street retail, engaged in leasing retail stores; Shopping centers, engaged in managing department stores; Logistics, operating logistics warehouses and distribution centers, and Others. The Company's other activities include property management services rendered to third parties.

Industry

Real Estate Operations

Contact Info

Paseo de la Castellana, 257

+34.917.691900

http://www.merlinproperties.com/

Executive Leadership

Francisco Javier Garcia-Carranza Benjumea

Chairman of the Board

Ismael Clemente Orrego

Chief Executive Officer, Vice Chairman of the Board

Fernando Lacadena Azpeitia

Financial Director

Miguel Ollero Barrera

Chief Operating Officer, Executive Director

David Michael Brush

Chief Investment Officer

Key Stats

2.10 mean rating - 21 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2016

0.4K

2017

0.5K

2018

0.5K

2019(E)

0.5K
EPS (EUR)

2016

0.490

2017

0.620

2018

0.610

2019(E)

0.620
Price To Earnings (TTM)
9.13
Price To Sales (TTM)
11.58
Price To Book (MRQ)
0.92
Price To Cash Flow (TTM)
20.83
Total Debt To Equity (MRQ)
81.95
LT Debt To Equity (MRQ)
81.31
Return on Investment (TTM)
5.35
Return on Equity (TTM)
5.28

Latest News

Latest News

BRIEF-Spain's Merlin will sell Testa stake at IPO for right price

Merlin Properties CEO Ismael Clemente tells a shareholder meeting:

BRIEF-Spain's Merlin to invest around 600 mln euros 2018-2021

* Says it plans to invest around 600 million euros ($714.5 million) in 2018-2021 to raise value of property assets. Further company coverage: ($1 = 0.8397 euros) (Reporting by Madrid Newsroom)

BRIEF-Merlin Buys ZEN Tower In Lisbon For 33.3 Mln Euros

* SAID ON TUESDAY COMPLETES ACQUISITION OF ZEN TOWER IN LISBON FOR 33.3 MILLION EUROS

BRIEF-Merlin FY Recurring EBITDA Up 29 Pct At 392.6 Mln Euros YoY

* SAYS FY GROSS RENTAL INCOME UP 34 PCT AT 469.4 MILLION EUROS

BRIEF-Merlin 9-month net profit up at 475.3 mln euros YoY

* 9-MONTH NET PROFIT 475.3 MILLION EUROS VERSUS 254.9 MILLION EUROS YEAR AGO

BRIEF-Merlin Properties to pay gross dividend of 0,20 eur/shr

* SAID ON MONDAY THE BOARD AGREED TO PAY GROSS DIVIDEND OF 0.20 EURO PER SHARE ON OCTOBER 25

BRIEF-Merlin Properties buys office building in Lisbon for 60.3 mln euros

* SAID ON THURSDAY BUYS FROM NOVO BANCO OFFICE BUILDING IN LISBON FOR 60.3 MLN EUROS

BRIEF-Merlin Properties H1 net profit nearly doubles to 421.4 mln euros YoY

* H1 TOTAL REVENUE 242.6 MILLION EUROS VERSUS 158.0 MILLION EUROS YEAR AGO

BRIEF-Merlin to absorb two units in Spain

* APPROVED ON TUESDAY INTEGRATION VIA MERGER OF ITS WHOLLY OWNED SUBSIDIARIES EXPLOTACIONES URBANAS ESPANOLAS AND CENTROS COMERCIALES METROPOLITANOS

BRIEF-Merlin buys its shares for 35 mln euros within divestment process carried out by Banco Popular

* BUYS 0.70 PERCENT OF ITS SHARE CAPITAL, WITHIN FRAMEWORK OF DIVESTMENT PROCESS CARRIED OUT BY BANCO POPULAR SA IN RELATION TO ITS STAKE IN MERLIN

BRIEF-Merlin Properties issues 600 mln euro unsecured bonds

* SAID ON WEDNESDAY IT HAD AGREED TO ISSUE UNDER ITS EURO MEDIUM TERM NOTE PROGRAM AND FOLLOWING A BOOKBUILDING PROCESS, UNSUBORDINATED ORDINARY BONDS FOR 600 MILLION EUROS

BRIEF-Banco Popular launches sale of 2.86 pct of its stake in Merlin Properties

* PLACES THROUGH ACCELERATED BOOKBUILDING ABOUT 2.86 PERCENT OF ITS STAKE IN MERLIN PROPERTIES Source text for Eikon:

BRIEF-Merlin Properties Q1 net result up 47.1 pct

* SAID ON THURSDAY Q1 GROSS RENTAL INCOME 115.3 MLN EUROS VS 76.8 MLN EUROS YR AGO

BRIEF-Merlin to propose extra dividend of 0.099 eur/shr

* Said on Thursday to propose a gross dividend of 0.099 euro ($0.1062) per share with a charge to the share premium reserve

BRIEF-Merlin Properties buys office building in Lisbon for 29.4 mln euros

* Buys office building in Lisbon for 29.4 million euros ($31.2 million) Further company coverage: ($1 = 0.9434 euros) (Gdynia Newsroom)

BRIEF-Merlin Properties names Francisco Javier Garcia-Carranza Benjumea as new chairman

* Said on Monday Rodrigo Echenique Gordillo resigned from the post of chairman and member of the board of the company once Metrovacesa integration process had been completed

BRIEF-Merlin Properties FY EBITDA up 61.5 pct YoY, increases dividend

* FY gross rents 351.0 million euros ($371.8 million) versus 214.4 million euros year ago, up 63.7 percent year on year

BRIEF-Merlin buys building in Barcelona for 142 mln euros

* Buys former headquarters of Aguas de Barcelona for 142 million euros ($151.3 million)

BRIEF-Merlin 9-month net result turns to profit of 254.9 mln euros

* Reported on Monday 9-month gross rents of 229.5 million euros ($247.1 million) versus 139.4 million euros year ago

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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