Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
84.20M | 80.50M | 73.00M | 55.97M | 59.44M | Gross Profit |
58.10M | 55.30M | 48.40M | 32.45M | 36.47M | EBIT |
54.40M | 71.40M | 35.80M | 22.49M | 27.00M | EBITDA |
52.80M | 70.40M | 36.40M | 22.95M | -11.81M | Net Income Common Stockholders |
34.40M | 53.40M | 67.70M | 29.20M | -23.97M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
75.40M | 40.50M | 55.80M | 37.13M | 33.93M | Total Assets |
1.23B | 1.15B | 1.15B | 1.07B | 1.05B | Total Debt |
371.40M | 357.80M | 387.80M | 372.03M | 385.27M | Net Debt |
296.00M | 317.30M | 332.00M | 334.90M | 351.34M | Total Liabilities |
425.40M | 416.10M | 445.70M | 421.88M | 421.47M | Stockholders Equity |
801.30M | 734.20M | 700.80M | 647.60M | 633.28M |
Cash Flow | Free Cash Flow | |||
42.90M | 42.10M | 28.40M | 29.68M | 5.22M | Operating Cash Flow |
43.00M | 43.70M | 30.30M | 30.64M | 5.66M | Investing Cash Flow |
-31.50M | 8.80M | -9.40M | 1.32M | -14.70M | Financing Cash Flow |
23.40M | -67.80M | -2.20M | -28.76M | 26.45M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
81 Outperform | £685.37M | 18.11 | 4.48% | 3.58% | 4.60% | -35.59% | |
80 Outperform | £4.11B | 8.72 | 9.95% | 4.44% | 7.75% | 276.67% | |
76 Outperform | £630.54M | 5.75 | 15.17% | 3.57% | 16.81% | 89.02% | |
61 Neutral | $2.83B | 10.91 | 0.42% | 8438.90% | 5.74% | -20.95% | |
61 Neutral | £107.99M | ― | -6.65% | 7.05% | ― | ― | |
35 Underperform | £4.58M | ― | -3.56% | ― | 3.67% | -11000.00% |
Empiric Student Property PLC has received a non-binding acquisition proposal from The Unite Group PLC, valuing each Empiric share at 107.0 pence. The proposal includes a cash component and new Unite shares, and both companies have agreed to enter a period of due diligence. There is no certainty that a formal offer will be made, and Unite has until 3 July 2025 to announce its intentions. This potential acquisition could significantly impact Empiric’s market positioning and provide strategic growth opportunities within the student accommodation sector.
The most recent analyst rating on (GB:ESP) stock is a Buy with a £1.05 price target. To see the full list of analyst forecasts on Empiric Student Property stock, see the GB:ESP Stock Forecast page.
Empiric Student Property plc announced that all resolutions proposed at its Annual General Meeting on 4 June 2025 were passed by a poll of shareholders. The resolutions included both ordinary and special business matters, such as the approval of the annual report, directors’ remuneration, and re-election of directors. The successful passage of these resolutions reflects shareholder confidence in the company’s strategic direction and governance, potentially strengthening its market position and operational stability.
The most recent analyst rating on (GB:ESP) stock is a Buy with a £110.00 price target. To see the full list of analyst forecasts on Empiric Student Property stock, see the GB:ESP Stock Forecast page.
Empiric Student Property plc has declared an interim dividend of 0.925 pence per ordinary share for the quarter ending March 31, 2025, to be paid as a Property Income Distribution. The company maintains a progressive dividend policy, aiming for a minimum dividend of 3.7 pence per share for the 2025 financial year, reflecting its commitment to providing returns to shareholders while reinforcing its position in the premium student accommodation market.
The most recent analyst rating on (GB:ESP) stock is a Buy with a £110.00 price target. To see the full list of analyst forecasts on Empiric Student Property stock, see the GB:ESP Stock Forecast page.
Empiric Student Property plc reports strong business performance with reservation rates for the 2025/26 academic year ahead of the wider market, indicating high occupancy and rental growth exceeding inflation. The company has successfully deployed funds from a recent share placing for acquisitions, including Selly Oak Apartments, and is progressing on new developments and planning consents, which are expected to unlock future value. Empiric continues to optimize its portfolio by disposing of non-core properties and maintains a healthy financial position with a low loan-to-value ratio and robust liquidity.
The most recent analyst rating on (GB:ESP) stock is a Buy with a £110.00 price target. To see the full list of analyst forecasts on Empiric Student Property stock, see the GB:ESP Stock Forecast page.
BlackRock, Inc., a major shareholder in Empiric Student Property PLC, has adjusted its holdings, crossing a new threshold in voting rights. The change in BlackRock’s voting rights, which now total 6.81%, reflects a slight increase from the previous position, potentially impacting the company’s governance and decision-making processes.
The most recent analyst rating on (GB:ESP) stock is a Buy with a £110.00 price target. To see the full list of analyst forecasts on Empiric Student Property stock, see the GB:ESP Stock Forecast page.
Empiric Student Property PLC has announced a change in its voting rights following an acquisition or disposal by BlackRock, Inc., a major shareholder. As of May 19, 2025, BlackRock’s total voting rights in Empiric Student Property have slightly decreased from 6.82% to 6.77%, indicating a minor adjustment in its investment position. This change reflects BlackRock’s ongoing management of its investment portfolio and could have implications for the company’s governance and decision-making processes.
The most recent analyst rating on (GB:ESP) stock is a Buy with a £110.00 price target. To see the full list of analyst forecasts on Empiric Student Property stock, see the GB:ESP Stock Forecast page.
Empiric Student Property plc announced an increase in its issued share capital to 664,119,746 Ordinary Shares following the issuance of 122,902 shares under its 2024 Long Term Incentive Plan. This adjustment in share capital is significant for shareholders calculating their notifiable interests under the FCA’s Disclosure Guidance and Transparency Rules.
Empiric Student Property plc has released its Annual Financial Report for the year ending December 31, 2024, highlighting its continued focus on premium student accommodations aligned with top-tier UK universities. The company also announced its Annual General Meeting scheduled for June 4, 2025, where shareholders will convene to discuss the company’s performance and future strategies. This announcement underscores Empiric’s commitment to transparency and stakeholder engagement, reinforcing its position in the student accommodation sector.
Empiric Student Property PLC has announced a change in its voting rights structure following an acquisition or disposal by BlackRock, Inc., a major stakeholder. As of April 17, 2025, BlackRock’s total voting rights in Empiric have increased to 6.82%, up from a previous 5.77%. This change reflects BlackRock’s strategic adjustments in its holdings, potentially impacting Empiric’s decision-making processes and shareholder dynamics.
Empiric Student Property plc has announced the completion of its acquisition of Selly Oak Apartments in Birmingham for £9.0 million, expanding its operational beds in the area to 430 and enhancing its portfolio’s quality and resilience. Additionally, the company has received planning consent to transform College House in Bristol into a 57-bed student accommodation for postgraduates, aligning with its strategy to grow high-quality properties associated with top-tier universities and improve shareholder returns.
Empiric Student Property plc has announced the granting of annual deferred bonus share awards and long-term incentive plan options to its executive directors. These awards, granted to CEO Duncan Garrood and CFO Donald Grant, include nil-cost options over ordinary shares, reflecting the company’s commitment to aligning executive incentives with shareholder interests. The long-term incentive plan options are subject to performance measures, including Total Accounting Return and Total Shareholder Return, ensuring a focus on sustainable growth and value creation for stakeholders.
Empiric Student Property plc has declared an interim dividend of 1.075 pence per ordinary share for the quarter ended 31 December 2024, to be paid on 11 April 2025. This announcement aligns with the company’s progressive dividend policy, which targets a minimum dividend of 3.7 pence per ordinary share for the 2025 financial year, reflecting its commitment to providing consistent returns to shareholders.
Empiric Student Property plc reported strong financial and operational performance for the year ended 31 December 2024, with significant progress in its growth agenda. The company achieved a 9.3% like-for-like rental growth and added three new sites to its portfolio in Bristol, Glasgow, and Manchester. Despite a slight dip in occupancy to 97% for the 2024/25 academic year, Empiric maintained a robust balance sheet with a loan-to-value ratio of 27.2% and extended its debt term to 4.7 years. The company’s strategic focus on premium student accommodation and refurbishment projects has driven enhanced rental growth and asset value, positioning it well for future opportunities.