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MRL Stock Chart & Stats
€15.30
-€0.04(-0.26%)
At close: 4:00 PM EDT
€15.30
-€0.04(-0.26%)
Day’s Range― - ―
52-Week Range€11.72 - €15.92
Previous CloseN/A
Volume16.30K
Average Volume (3M)1.03M
Market Cap
€9.47B
Enterprise Value€12.93K
Total Cash (Recent Filing)€1.75B
Total Debt (Recent Filing)€5.30B
Price to Earnings (P/E)10.9
Beta0.70
Next Earnings
Nov 13, 2026EPS Estimate
0.14Next Dividend Ex-DateN/A
Dividend Yield2.81%
Share Statistics
EPS (TTM)1.36
Shares Outstanding620,000,000
10 Day Avg. Volume1,265,993
30 Day Avg. Volume1,027,422
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)0.87
Price to Sales (P/S)12.72
P/FCF Ratio17.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€17.60Price Target Upside15.03% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)0.54
Revenue Forecast (FY)€603.26M
Bulls Say, Bears Say
Bulls Say
Data-center Commercialization MomentumRapid data-center leasing materially expands MERLIN’s high-margin, long-term cash flow base and diversifies revenue beyond traditional real estate. A substantially larger commercialized MW footprint supports scale economics, recurring contractual rents and strengthens growth runway over the next 2–4 years.
High Occupancy And Like‑for‑like Rental GrowthSustained high occupancy and positive LFL rental growth across retail, logistics and offices underpin durable rental cash flows and lower vacancy risk. Strong leasing metrics indicate resilient tenant demand, supporting predictable income and distributable cash over multiple reporting periods.
Conservative Balance Sheet & Strong LiquidityLow LTV, ample liquidity and retained investment‑grade ratings give MERLIN financial flexibility to fund development, withstand market stress and access capital markets. This reduces refinancing risk and supports phased growth (including data‑center rollout) with lower probability of forced asset sales.
Bears Say
Earnings Quality Vs Operating Cash FlowReported earnings include valuation and non‑cash items that boost net income above operating cash generation. If revaluation gains reverse or are volatile, distributable cash and FFO sustainability may weaken, making dividend and debt service reliant on execution of leasing and asset sales.
Partial Funding / Need For More Capital For Phase 3Large-scale data‑center expansion requires additional capital; further equity or convertible issuance could dilute shareholders and raise cost of capital. Funding uncertainty increases execution risk and elevates sensitivity to market conditions when deploying capital over a multiyear buildout.
Grid, Permitting And Equipment BottlenecksData‑center delivery timing is tightly linked to grid access and long‑lead electrical equipment. Delays or higher CapEx from procurement and permitting can push back revenue streams, compress returns and increase financing needs, making projected cash flows and IRRs less certain over development timelines.
MERLIN Properties SOCIMI SA News
MRL FAQ
What was MERLIN Properties SOCIMI SA’s price range in the past 12 months?
MERLIN Properties SOCIMI SA lowest stock price was €11.72 and its highest was €15.92 in the past 12 months.
What is MERLIN Properties SOCIMI SA’s market cap?
MERLIN Properties SOCIMI SA’s market cap is €9.47B.
When is MERLIN Properties SOCIMI SA’s upcoming earnings report date?
MERLIN Properties SOCIMI SA’s upcoming earnings report date is Nov 13, 2026 which is in 106 days.
How were MERLIN Properties SOCIMI SA’s earnings last quarter?
MERLIN Properties SOCIMI SA released its earnings results on Jul 27, 2026. The company reported €0.13 earnings per share for the quarter, the consensus estimate of €0.13 by €0.
Is MERLIN Properties SOCIMI SA overvalued?
According to Wall Street analysts MERLIN Properties SOCIMI SA’s price is currently Undervalued.
Does MERLIN Properties SOCIMI SA pay dividends?
MERLIN Properties SOCIMI SA pays a Semiannually dividend of €0.217 which represents an annual dividend yield of 2.81%. See more information on MERLIN Properties SOCIMI SA dividends here
What is MERLIN Properties SOCIMI SA’s EPS estimate?
MERLIN Properties SOCIMI SA’s EPS estimate is 0.14.
How many shares outstanding does MERLIN Properties SOCIMI SA have?
MERLIN Properties SOCIMI SA has 620,000,000 shares outstanding.
What happened to MERLIN Properties SOCIMI SA’s price movement after its last earnings report?
MERLIN Properties SOCIMI SA reported an EPS of €0.13 in its last earnings report, expectations of €0.13. Following the earnings report the stock price went down -2.941%.
Which hedge fund is a major shareholder of MERLIN Properties SOCIMI SA?
Currently, no hedge funds are holding shares in ES:MRL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
MERLIN Properties SOCIMI SA Stock Smart Score
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€17.60 (15.03% Upside)
€17.60 (15.03% Upside)
Insider Transactions
Sold Shares
Worth $565.2K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.08%
12-Months-Change
Fundamentals
Return on Equity
2.81%
Trailing 12-Months
Asset Growth
13.51%
Trailing 12-Months
Company Description
MERLIN Properties SOCIMI SA
MERLIN Properties SOCIMI, SA stands as a leading real estate firm traded on Spain's benchmark IBEX-35 stock index. Structured as a publicly listed SOCIMI, its core business involves the strategic acquisition, proactive management, operational oversight, and targeted divestment of premium commercial properties. These assets, categorized within the Core and Core Plus investment segments, are predominantly situated in Spain, with a more limited presence in Portugal. The company specializes in real estate across the office, retail, and logistics sectors.
MRL Company Deck
MRL Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a strong operational and commercial performance with double‑digit revenue growth, meaningful data‑center commercialization progress (Phase 1 fully let, rapid conversion of bookings, materially higher MW commercialized), robust shopping center and logistics metrics, low LTV and strong liquidity. Key risks highlighted were rising financing and construction costs, grid/permitting timing for certain data center sites, and the need for additional funding for Phase 3 (with potential dilution). Overall the positives—substantial data‑center traction, solid traditional asset performance and a conservative balance sheet—outweigh the near‑term funding, cost and permitting challenges.View all ES:MRL earnings summariesMRL Stock 12 Month Forecast
Average Price Target
€17.60
▲(15.03% Upside)
Technical Analysis
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