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The latest update is out from Mears Group Plc ( (GB:MER) ).
Mears Group reported strong trading for the year to 31 December 2025, with maintenance-led revenues expected to exceed £610m on roughly 10% organic growth, supported by near-100% contract retention and major wins such as a new £250m, 10-year strategic asset management partnership with Cross Keys Homes. While management-led revenues are set to fall to just over £500m due to reduced asylum accommodation volumes and overall operating margins are broadly flat, the group still expects adjusted pre-tax profit of at least £62.5m, has successfully integrated its Pennington Choices acquisition to expand compliance services, and has used its solid balance sheet and extended £70m revolving credit facility to fund property transactions that underpin its housing management activities, underscoring continued strategic progress despite shifting revenue mix.
The most recent analyst rating on (GB:MER) stock is a Buy with a £399.00 price target. To see the full list of analyst forecasts on Mears Group Plc stock, see the GB:MER Stock Forecast page.
Spark’s Take on GB:MER Stock
According to Spark, TipRanks’ AI Analyst, GB:MER is a Outperform.
Mears Group Plc shows strong financial performance with solid growth and profitability, although high leverage is a concern. The stock’s valuation is attractive with a low P/E ratio and high dividend yield. The recent acquisition is a positive strategic move, enhancing growth prospects. Technical indicators suggest stable market conditions.
To see Spark’s full report on GB:MER stock, click here.
More about Mears Group Plc
Mears Group PLC is a leading UK provider of services to the affordable housing sector, managing and maintaining around 450,000 homes on behalf of central and local government clients under long-term contracts. The company employs over 5,000 people across all UK regions and focuses on property management, maintenance and broader housing solutions to address the shortage of affordable housing and support vulnerable residents, emphasising long-term social, economic and environmental outcomes alongside sustainable returns for shareholders.
Average Trading Volume: 147,858
Technical Sentiment Signal: Hold
Current Market Cap: £283.8M
Find detailed analytics on MER stock on TipRanks’ Stock Analysis page.