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Workspace Group plc R.E.I.T. (GB:WKP)
LSE:WKP
WKP Stock Chart & Stats
Day’s Range― - ―
52-Week Range427.50p - 664.00p
Previous CloseN/A
Volume37.66K
Average Volume (3M)325.10K
Market Cap
£892.59M
Enterprise Value2.14B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.34
Next Earnings
Jun 04, 2025EPS EstimateN/A
Last Dividend Ex-Date
Jan 09, 2025Dividend Yield6.21%
Share Statistics
EPS (TTM)-0.18
Shares Outstanding191,910,390
10 Day Avg. Volume226,585
30 Day Avg. Volume325,100
Standard Deviation0.10
R-Squared0.30
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.31
Price to Cash Flow (P/CF)13.90
P/FCF Ratio9.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
609.94pPrice Target Upside33.47% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
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Workspace Group plc R.E.I.T. News
PremiumCompany Announcements
Workspace Group Director Acquires Shares, Signals Confidence
PremiumCompany Announcements
BlackRock Adjusts Holdings in Workspace Group PLC
PremiumCompany Announcements
BlackRock Adjusts Holdings in Workspace Group, Decreasing Voting Influence
PremiumCompany Announcements
Workspace Group’s Director Joins Smiths News Board
PremiumCompany Announcements
Workspace Group Insider Share Purchase Signals Confidence
PremiumCompany Announcements
Workspace Group Grants CEO Conditional Share Awards---
Bulls Say, Bears Say
Bulls Say
Customer DemandThere continues to be good customer demand with 296 new lettings completed in the quarter, taking the total for H1 to 603.
Earnings And GrowthThe interim results continue to show robust growth, with capital values appearing to have stabilized and the company being well-capitalized, generating an attractive and growing total return.
SustainabilityThe refurbishment of Leroy House was completed, delivering 58k sq ft of new space as the first net zero construction and operation for Workspace.
Bears Say
Macroeconomic ConditionsThe macroeconomic environment continued to weigh on customer activity in the third quarter.
OccupancyLike-for-like occupancy declined 1.3% to 86.1% as company faced higher churn and customers vacating larger spaces.
Stock PerformanceWorkspace shares have seen a sharp sell-off, falling 18% since the start of October, as interest rate expectations reversed and the five-year swap has risen 50bps from the September lows.
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Options Prices
Currently, No data available
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Ownership Overview
0.17% Insiders
2.75% Mutual Funds
― Other Institutional Investors
91.11% Public Companies and
Individual Investors
WKP FAQ
What was Workspace Group plc R.E.I.T.’s price range in the past 12 months?
Workspace Group plc R.E.I.T. lowest share price was 427.50p and its highest was 664.00p in the past 12 months.
What is Workspace Group plc R.E.I.T.’s market cap?
Workspace Group plc R.E.I.T.’s market cap is £892.59M.
When is Workspace Group plc R.E.I.T.’s upcoming earnings report date?
Workspace Group plc R.E.I.T.’s upcoming earnings report date is Jun 04, 2025 which is in 107 days.
How were Workspace Group plc R.E.I.T.’s earnings last quarter?
Workspace Group plc R.E.I.T. released its earnings results on Nov 22, 2024. The company reported 0.169p earnings per share for the quarter, missing the consensus estimate of 0.17p by -0.001p.
Is Workspace Group plc R.E.I.T. overvalued?
According to Wall Street analysts Workspace Group plc R.E.I.T.’s price is currently Undervalued.
Does Workspace Group plc R.E.I.T. pay dividends?
Workspace Group plc R.E.I.T. pays a Annually dividend of 9.399p which represents an annual dividend yield of 6.21%. See more information on Workspace Group plc R.E.I.T. dividends here
What is Workspace Group plc R.E.I.T.’s EPS estimate?
Workspace Group plc R.E.I.T.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Workspace Group plc R.E.I.T. have?
Workspace Group plc R.E.I.T. has 191,910,390 shares outstanding.
What happened to Workspace Group plc R.E.I.T.’s price movement after its last earnings report?
Workspace Group plc R.E.I.T. reported an EPS of 0.169p in its last earnings report, missing expectations of 0.17p. Following the earnings report the stock price went up 1.114%.
Which hedge fund is a major shareholder of Workspace Group plc R.E.I.T.?
Currently, no hedge funds are holding shares in GB:WKP
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Workspace Group plc R.E.I.T. Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
609.94p (33.47% Upside)
609.94p (33.47% Upside)
Insider Transactions
Bought Shares
Worth £23.6K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.63%
12-Months-Change
Fundamentals
Return on Equity
-2.20%
Trailing 12-Months
Asset Growth
-3.94%
Trailing 12-Months
Company Description
Workspace Group plc R.E.I.T.
Workspace Group PLC is a real estate investment trust engaged in the acquisition, design, development, and ownership of office buildings throughout London. The company mainly focuses on leasing office properties to new and growing companies. The real estate assets in Workspace's portfolio are clustered around the London area of Farringdon and elsewhere in northern and central London. The company derives the vast majority of its income in the form of rental revenue from tenants organized into short-term leases. Workspace's tenants include marketing, business consultancy, fashion, finance, software, and architectural firms.
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WKP Stock 12 Month Forecast
Average Price Target
609.94p
▲(33.47% Upside)
Technical Analysis
Big Yellow Group
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Best Analysts Covering WKP
1 Year
1 Year Success Rate
15/20 ratings generated profit
1 Year Average Return
+16.17%
reiterated a buy rating 2 months ago
Copying Paul May's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +16.17% per trade.
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