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Hammerson plc R.E.I.T. (GB:HMSO)
LSE:HMSO
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Hammerson plc R.E.I.T. (HMSO) AI Stock Analysis

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GB:HMSO

Hammerson plc R.E.I.T.

(LSE:HMSO)

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Neutral 58 (OpenAI - 4o)
Rating:58Neutral
Price Target:
302.00p
▼(-2.71% Downside)
Hammerson plc R.E.I.T. has a moderate overall stock score, primarily influenced by financial performance challenges, including profitability and cash flow issues. Technical analysis shows some positive momentum, which could support future price increases. Valuation presents a mixed picture with a high P/E ratio but an attractive dividend yield. The absence of earnings call data and corporate events limits further insights.
Positive Factors
Revenue Growth
A revenue growth rate of 16.3% indicates a positive trend in the company's ability to generate sales, suggesting effective strategies in attracting tenants and increasing rental income.
Portfolio Diversification
Hammerson's diversified portfolio across various regions and property types reduces risk and enhances stability, providing a buffer against localized economic downturns.
Strategic Partnerships
Partnerships with retailers and stakeholders improve tenant diversity and customer traffic, potentially increasing rental income and property value over time.
Negative Factors
High Leverage
High leverage can increase financial risk, limiting the company's ability to invest in growth opportunities and potentially impacting long-term financial stability.
Negative Cash Flow
Negative cash flow restricts the company's ability to fund operations and investments internally, necessitating external financing which may not be sustainable.
Profitability Challenges
Ongoing profitability issues indicate operational inefficiencies and cost pressures, which could undermine long-term growth and shareholder value.

Hammerson plc R.E.I.T. (HMSO) vs. iShares MSCI United Kingdom ETF (EWC)

Hammerson plc R.E.I.T. Business Overview & Revenue Model

Company DescriptionHammerson plc R.E.I.T. (HMSO) is a UK-based real estate investment trust that specializes in the ownership, management, and development of retail properties across Europe. The company focuses on high-quality shopping centers, retail parks, and premium outlets, primarily in the UK and Ireland, while also having a presence in France and other markets. Hammerson aims to enhance the value of its portfolio through strategic asset management, redevelopment projects, and innovative approaches to retail experiences.
How the Company Makes MoneyHammerson generates revenue primarily through rental income from its diverse portfolio of retail properties. The company leases space to a wide range of tenants, including major retailers, restaurants, and entertainment providers, which contributes to a stable income stream. Additionally, Hammerson may realize revenue through property development projects, where it invests in expanding or upgrading its properties, thus increasing their value and rental potential. The company also benefits from strategic partnerships with retailers and other stakeholders, which can enhance tenant mix and footfall in its shopping centers. Other factors contributing to its earnings include asset disposals, where Hammerson sells properties to reinvest in higher-performing assets, and potential income from ancillary services associated with its properties.

Hammerson plc R.E.I.T. Earnings Call Summary

Earnings Call Date:Jul 31, 2025
(Q4-2024)
|
% Change Since: |
Next Earnings Date:Feb 26, 2026
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture, with strong balance sheet improvements, revenue growth, and operational efficiency being major highlights. However, challenges such as the decline in Irish valuations, a drop in reported GRI, and a significant IFRS loss were notable lowlights. The company expressed confidence in its strategic positioning and future growth potential.
Q4-2024 Updates
Positive Updates
Strong Balance Sheet and Revenue Growth
The company reported a strong balance sheet with an LTV of 30% and significant revenue growth in key areas. Leasing performance was robust with 262 leases signed on 1 million square feet of space generating GBP 41 million of rent, up 2% like-for-like.
Increased Footfall and Sales Performance
The company welcomed 170 million visitors, with footfall up 2%. Sales performance was up 5% in the U.K. and 3% in France. Bullring reported an 11% increase in sales growth, standing out among its peer group.
Operational Efficiency and Cost Reduction
Operational costs were reduced by 16% year-on-year, surpassing guidance. Adjusted earnings came in at GBP 99 million, supported by a 4% increase in dividends.
Positive Leasing and Rental Growth
Leasing activities in January and February 2025 generated more than GBP 9 million, at 10% above previous passing and 11% over ERV. Long-term deals were signed 56% above previous passing and 13% ahead of ERV.
Negative Updates
Decline in Irish Valuations and Revenue
Valuations in Ireland were down 13%, attributed to a valuer's interpretation of a distressed debt sale. The like-for-like rental income in Ireland was down 6% due to strong comps and an overrented unit.
Reported GRI Decline and IFRS Loss
Reported GRI was down GBP 21 million year-on-year due to disposals. The IFRS loss was GBP 526 million, with GBP 497 million attributable to Value Retail.
Company Guidance
During the 2024 fiscal year, the company reported significant progress in its strategic realignment and operational performance, achieving a 30% LTV post-reinvestment in the Westquay asset. The leasing activity showed strong results with 262 leases signed on 1 million square feet of space, generating GBP 41 million of rent, a 2% increase like-for-like, and contributing to a long-term visible income stream with GBP 255 million of rent contracted to first break. The company reduced vacancy to less than 5% and achieved long-term deals 56% above previous passing rent and 13% ahead of ERV, resulting in an additional GBP 8 million of passing rent. Valuations increased by 4.2% in the U.K. and 1.5% in France, while Ireland saw a 13% decrease due to a distressed debt sale. Sales grew by 5% in the U.K. and 3% in France, with standout performances like Bullring achieving 11% sales growth. The company also reported a 3% like-for-like GRI growth, excluding assets under repositioning, and adjusted earnings of GBP 99 million, supported by a 16% reduction in costs. Looking ahead, the company anticipates further growth from investments and ongoing acquisitions, with an entry run rate of adjusted earnings at GBP 85 million for 2025, reflecting a disciplined approach to capital allocation and a strong balance sheet with a net debt-to-EBITDA of 5.8x.

Hammerson plc R.E.I.T. Financial Statement Overview

Summary
Hammerson plc faces challenges with profitability and cash flow generation, reflected in consistent net losses and negative free cash flow. While the balance sheet shows some stability, high leverage and negative return on equity highlight financial risks. The company needs to address revenue growth and profitability to improve its financial standing.
Income Statement
45
Neutral
The company's revenue has shown a negative growth trend, decreasing from the previous year. Despite a positive EBIT and EBITDA margin in 2024, the large net losses indicate challenges in profitability, affecting the overall financial health. The gross profit margin also declined, reflecting cost pressures or operational inefficiencies.
Balance Sheet
55
Neutral
The balance sheet shows a relatively stable equity ratio, which is a positive sign of financial stability. However, the debt-to-equity ratio is high, indicating significant leverage that could pose risks if not managed carefully. Return on equity remains negative due to consistent net losses, highlighting ongoing profitability challenges.
Cash Flow
50
Neutral
Operating cash flow has decreased significantly, and the free cash flow is negative, indicating cash constraints. Although there was a substantial investment cash inflow, the free cash flow to net income ratio remains concerning. The company needs to improve its cash flow generation to enhance financial flexibility.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue85.15M116.70M127.80M131.40M127.70M219.90M
Gross Profit90.00M67.20M84.00M87.90M82.90M94.00M
EBITDA54.35M27.80M9.70M17.60M-5.90M-1.64B
Net Income29.75M-526.30M-51.40M-164.20M-429.10M-1.73B
Balance Sheet
Total Assets3.59B3.48B4.33B4.54B4.91B5.91B
Cash, Cash Equivalents and Short-Term Investments554.40M737.90M472.30M218.80M315.10M409.50M
Total Debt1.55B1.52B1.67B1.69B1.87B2.31B
Total Liabilities1.73B1.66B1.87B1.95B2.17B2.70B
Stockholders Equity1.85B1.82B2.46B2.59B2.75B3.21B
Cash Flow
Free Cash Flow48.45M-150.00M19.60M33.20M-91.40M-101.10M
Operating Cash Flow54.15M4.50M38.30M69.60M-70.30M-82.40M
Investing Cash Flow177.50M475.00M261.30M154.10M-11.40M253.10M
Financing Cash Flow-138.80M-211.80M-45.00M-322.70M-363.70M207.50M

Hammerson plc R.E.I.T. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price310.40
Price Trends
50DMA
289.19
Positive
100DMA
287.97
Positive
200DMA
270.75
Positive
Market Momentum
MACD
6.09
Negative
RSI
71.57
Negative
STOCH
85.63
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HMSO, the sentiment is Positive. The current price of 310.4 is above the 20-day moving average (MA) of 297.64, above the 50-day MA of 289.19, and above the 200-day MA of 270.75, indicating a bullish trend. The MACD of 6.09 indicates Negative momentum. The RSI at 71.57 is Negative, neither overbought nor oversold. The STOCH value of 85.63 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:HMSO.

Hammerson plc R.E.I.T. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
£4.16B8.949.42%5.09%35.06%127.62%
£2.04B8.616.80%3.67%2.30%
£4.75B12.006.13%5.19%0.97%
£3.85B10.956.14%5.92%-20.83%
£2.84B8.658.66%2.54%-0.04%655.16%
$2.17B12.193.79%4.94%3.15%1.96%
£1.65B21.863.09%4.49%16.30%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:HMSO
Hammerson plc R.E.I.T.
312.00
26.47
9.27%
GB:BLND
British Land Company plc
385.40
-4.41
-1.13%
GB:SHC
Shaftesbury Capital
144.20
3.98
2.84%
GB:DLN
Derwent London plc REIT
1,814.00
-313.84
-14.75%
GB:LAND
Land Securities Group plc REIT
640.00
52.47
8.93%
GB:BBOX
Tritax Big Box REIT
154.00
13.36
9.50%

Hammerson plc R.E.I.T. Corporate Events

Stock BuybackRegulatory Filings and Compliance
Hammerson plc Director Engages in Share Purchase
Neutral
Oct 24, 2025

Hammerson plc announced a transaction involving the purchase of its ordinary shares by Adam Metz, a Non-Executive Director, through a Dividend Reinvestment Plan. This transaction, conducted on the London Stock Exchange, reflects the company’s adherence to the UK Market Abuse Regulation and was also reported on the Johannesburg Stock Exchange and Euronext Dublin. The purchase involves 2,588 shares at a price of £2.978564 per share, totaling £7,708.52.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £330.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

DividendsRegulatory Filings and Compliance
Hammerson Executives Increase Shareholdings Through Dividend Reinvestment
Positive
Oct 23, 2025

Hammerson plc announced transactions involving the purchase of its ordinary shares by key executives under a dividend reinvestment plan. This notification, in compliance with UK Market Abuse Regulation, highlights the confidence of the company’s leadership in its financial health and future prospects, potentially reassuring stakeholders and investors about the company’s stability and growth trajectory.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £330.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyDividendsRegulatory Filings and Compliance
Hammerson Directors Increase Stake Through Dividend Reinvestment
Positive
Oct 22, 2025

Hammerson plc announced that several of its directors and persons discharging managerial responsibilities have purchased ordinary shares through a Dividend Reinvestment Plan. This move, conducted in compliance with the UK Market Abuse Regulation, reflects the confidence of the company’s leadership in its financial strategies and future prospects. The transactions were executed on the London Stock Exchange, indicating a strategic reinforcement of stakeholder interests and alignment with shareholder value enhancement.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £330.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Regulatory Filings and Compliance
Hammerson’s PDMR Share Sale Notification
Neutral
Oct 21, 2025

Hammerson plc announced that Alex Dunn, the General Counsel and Company Secretary, sold 9,000 ordinary shares at a price of £2.96959 per share on the London Stock Exchange. This transaction, which aligns with the UK Market Abuse Regulation, was also reported on the Johannesburg Stock Exchange and Euronext Dublin, indicating transparency and compliance with financial regulations.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £330.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Hammerson plc Issues EUR 350 Million Notes Due 2032
Neutral
Oct 16, 2025

Hammerson plc has announced the issuance of EUR 350 million in 3.500% notes due in 2032, under its EUR 5 billion Euro Medium Term Note Programme. This move is part of the company’s strategic financial management, potentially impacting its liquidity position and offering insights into its long-term financial planning. The issuance is expected to be of interest to investors and stakeholders monitoring Hammerson’s financial strategies and market positioning.

The most recent analyst rating on (GB:HMSO) stock is a Hold with a £302.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Hammerson plc Successfully Prices EUR350 Million Bond Amid Strong Operational Momentum
Positive
Oct 9, 2025

Hammerson plc has successfully priced a EUR350 million bond with a 6.5-year maturity, marking the first step in refinancing its EUR700 million Sustainability-Linked bonds due in 2027. The bond issuance, which was significantly oversubscribed, reflects the company’s strong operational momentum and improved credit ratings from Fitch and Moody’s. The company reported increased footfall and sales across its retail destinations, with notable growth in the UK, and secured long-term lease agreements at favorable terms. This financial move and operational success underscore Hammerson’s strategic focus on enhancing its retail assets and maintaining robust demand for its prime spaces.

The most recent analyst rating on (GB:HMSO) stock is a Hold with a £294.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Other
Hammerson’s PDMR Alex Dunn Sells Shares Worth £85,255
Neutral
Sep 19, 2025

On September 18, 2025, Alex Dunn, General Counsel and Company Secretary at Hammerson plc, sold 29,500 ordinary shares at £2.89 each, totaling £85,255. This transaction was conducted on the London Stock Exchange and aligns with the UK Market Abuse Regulation, reflecting internal changes in shareholding that could impact stakeholder perceptions.

The most recent analyst rating on (GB:HMSO) stock is a Hold with a £287.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Executive/Board Changes
Hammerson Appoints Rob Wilkinson as New CEO
Positive
Sep 9, 2025

Hammerson plc has announced the appointment of Rob Wilkinson as its new Chief Executive Officer, effective January 1, 2026. Wilkinson, who brings 30 years of experience in real estate investment, will succeed Rita-Rose Gagné, who is set to retire after leading a major turnaround and restructuring at Hammerson. This leadership transition is expected to continue the company’s growth trajectory and enhance shareholder value.

The most recent analyst rating on (GB:HMSO) stock is a Hold with a £270.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Hammerson plc Releases Supplementary Prospectus for £5 Billion EMTN Programme
Positive
Sep 4, 2025

Hammerson plc has published a supplementary prospectus for its £5 billion Euro Medium Term Note Programme, which has been approved by the Financial Conduct Authority. This publication is a significant step in the company’s financing strategy, potentially enhancing its financial flexibility and market positioning, which could have implications for stakeholders and investors.

The most recent analyst rating on (GB:HMSO) stock is a Hold with a £270.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Regulatory Filings and Compliance
Hammerson Announces Total Voting Rights and Share Capital Update
Neutral
Aug 29, 2025

Hammerson plc announced its total issued share capital as of August 29, 2025, which consists of 532,054,593 ordinary shares, with 1,300,825 shares held in treasury. The total number of voting rights is 530,753,768, which shareholders should use to determine their notification requirements under relevant financial regulations.

The most recent analyst rating on (GB:HMSO) stock is a Hold with a £301.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Dividends
Hammerson plc Announces Interim Dividend and Reinvestment Plan
Neutral
Aug 27, 2025

Hammerson plc announced an interim dividend of 7.94 pence per ordinary share for the period ending December 31, 2025, to be treated as a Property Income Distribution subject to a 20% UK withholding tax. The dividend is payable on October 16, 2025, with a Dividend Reinvestment Plan available for shareholders preferring shares over cash. The announcement highlights the tax implications for South African shareholders, including the potential to reclaim a portion of the withholding tax under the UK/South African Double Tax Treaty, impacting the net dividend received.

The most recent analyst rating on (GB:HMSO) stock is a Hold with a £301.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Private Placements and FinancingRegulatory Filings and Compliance
Hammerson Completes Share Placing and Updates Voting Rights
Neutral
Aug 15, 2025

Hammerson plc has successfully completed a non-pre-emptive placing of 48,253,994 ordinary shares, with a portion placed with South African Qualifying Investors. These shares have been admitted to trading on major exchanges including the London Stock Exchange, Euronext Dublin, and the JSE Limited. As a result, Hammerson’s total issued share capital now consists of 532,054,593 ordinary shares, with 530,753,768 voting rights. This development is significant for shareholders as it affects their calculations for notifying changes in their shareholding under regulatory requirements.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £350.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Delistings and Listing ChangesPrivate Placements and Financing
Hammerson Secures Multi-Exchange Listing for New Share Placement
Positive
Aug 12, 2025

Hammerson plc has announced the successful application for the admission of 48,253,994 ordinary shares, following a non-pre-emptive placing, to be listed on the London Stock Exchange, Euronext Dublin, and the Johannesburg Stock Exchange. This move is expected to enhance the company’s market presence and liquidity, with trading set to commence on August 15, 2025, potentially impacting its operations and stakeholder interests positively.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £350.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Delistings and Listing ChangesPrivate Placements and Financing
Hammerson Secures SARB Approval for Share Listing
Positive
Aug 8, 2025

Hammerson plc has announced that the South African Reserve Bank has approved the inward listing of 48,253,994 ordinary shares following a successful non-pre-emptive placing. This approval allows for the shares to be listed on multiple exchanges, including the London Stock Exchange, Euronext Dublin, and the Johannesburg Stock Exchange, enhancing the company’s market reach and potentially increasing its investment appeal.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £4.21 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyM&A Transactions
Hammerson Acquires Full Ownership of Bullring and Grand Central
Positive
Aug 8, 2025

Hammerson plc has completed the acquisition of the remaining 50% stake in Bullring and Grand Central, making it the sole owner of these major retail assets. This strategic move is expected to strengthen Hammerson’s position in the retail property market, potentially enhancing its operational capabilities and offering greater value to stakeholders.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £350.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Delistings and Listing ChangesPrivate Placements and Financing
Hammerson Completes Successful Share Placing and Awaits Further Approvals
Positive
Aug 5, 2025

Hammerson plc has successfully completed a non-pre-emptive placing of 48,253,994 ordinary shares, with 32,080,390 shares admitted to trading on the London Stock Exchange and Euronext Dublin. The company is awaiting approval from the South African Reserve Bank for the remaining shares to be listed on additional exchanges, which will further enhance its market presence and liquidity. The total number of voting rights in the company now stands at 514,691,343, providing shareholders with updated information for regulatory compliance.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £3.20 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Regulatory Filings and Compliance
Hammerson Announces Share Capital and Voting Rights Update
Neutral
Aug 1, 2025

Hammerson plc has announced its total issued share capital as of July 31, 2025, which consists of 483,911,778 ordinary shares, with 1,300,825 shares held in treasury. This results in a total of 482,610,953 voting rights, a figure shareholders should use to determine their notification obligations under relevant transparency rules. This announcement has been shared on the Johannesburg Stock Exchange and Euronext Dublin, reflecting Hammerson’s compliance with international transparency regulations.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £3.20 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
Hammerson Raises £135 Million for Strategic Acquisition
Positive
Jul 31, 2025

Hammerson plc has successfully completed a non-pre-emptive placing of new ordinary shares, raising approximately £135 million in net proceeds. This capital will be used to acquire the remaining 50% stake in the Bullring and Grand Central shopping centers, enhancing the company’s income and earnings potential. The placing involved the issuance of 48,253,994 new shares at a price of 287 pence each, representing a 2.5% discount to the previous closing price. The transaction reflects Hammerson’s strategy to create further value and growth opportunities, with the support of existing and new shareholders. The completion of the acquisition is contingent upon receiving approval from the South African Reserve Bank, expected by the end of August.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £350.00 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyStock BuybackM&A TransactionsPrivate Placements and Financing
Hammerson Suspends Share Buyback Programme Amid Strategic Acquisition Plans
Neutral
Jul 31, 2025

Hammerson plc announced the suspension of its share buyback programme, initially launched in October 2024, following a recent purchase of 39,197 ordinary shares. This decision comes as the company plans a proposed placing to fund the acquisition of the remaining 50% interest in Bullring and Grand Central. The suspension of the buyback programme indicates a strategic shift in capital allocation to support expansion efforts, potentially impacting shareholder returns and market positioning.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £3.20 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyStock BuybackM&A Transactions
Hammerson to Acquire Full Stake in Bullring and Grand Central
Positive
Jul 31, 2025

Hammerson plc announced its plan to acquire the remaining 50% interest in Bullring and Grand Central, a prime retail destination in Birmingham, for £319 million. This acquisition will be funded through a share placing and existing cash resources, with the suspension of the ongoing share buyback program. The move is expected to be immediately accretive to earnings and aligns with Hammerson’s strategy to consolidate its position in key urban markets, enhancing value for shareholders. The acquisition is anticipated to complete in early August 2025, further strengthening Hammerson’s portfolio and operational performance.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £3.20 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyDividends
Hammerson Declares Interim Dividend and Moves to Digital Payments
Neutral
Jul 31, 2025

Hammerson plc has announced an interim dividend of 7.94 pence per share for the financial year ending December 31, 2025, payable on October 16, 2025. The dividend will be distributed as a Property Income Distribution, with shareholders given the option to reinvest through the Dividend Reinvestment Plan. The company will transition to electronic payments for future dividends, requiring shareholders to register their bank details. This move aligns with industry trends towards digital transactions, potentially enhancing operational efficiency and shareholder convenience.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £3.20 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyFinancial DisclosuresM&A Transactions
Hammerson Reports Strong H1 2025 Results with Strategic Acquisitions
Positive
Jul 31, 2025

Hammerson plc reported a 5% increase in like-for-like gross rental income and a total gross rental income rise of 11% for the first half of 2025, driven by strategic acquisitions and asset management. The company acquired the remaining 50% interest in Bullring and Grand Central for £319 million, enhancing its earnings outlook and raising its FY25 EPRA earnings guidance to approximately £102 million. The acquisition is expected to deliver significant income and earnings growth, reflecting Hammerson’s focus on high-performing retail spaces and disciplined capital allocation.

The most recent analyst rating on (GB:HMSO) stock is a Sell with a £2.45 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyStock Buyback
Hammerson Executes Share Buyback to Enhance Shareholder Value
Positive
Jul 30, 2025

Hammerson plc has executed a share buyback transaction, purchasing 31,810 of its ordinary shares as part of its ongoing buyback programme initiated in October 2024. The shares, bought at an average price of 299.69 pence, will be canceled, reflecting the company’s strategy to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £3.20 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyStock Buyback
Hammerson Completes Share Buyback, Adjusts Voting Rights
Neutral
Jul 29, 2025

Hammerson plc announced the completion of a share buyback program, resulting in the cancellation of 189,926 ordinary shares. This action, part of the company’s strategy to manage its capital structure, reduces the total number of voting rights to 482,610,953. This update is significant for shareholders as it affects their calculations for notifying changes in share interest under regulatory guidelines.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £3.20 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyStock Buyback
Hammerson Advances Share Buyback Programme with Latest Purchase
Positive
Jul 29, 2025

Hammerson plc has announced the purchase and subsequent cancellation of 40,172 ordinary shares as part of its ongoing share buyback programme, which was initiated in October 2024. This strategic move is part of a larger effort, having repurchased over 16 million shares since the programme’s inception, potentially enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £3.20 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Business Operations and StrategyStock Buyback
Hammerson Advances Share Buyback Program with Latest Purchase
Positive
Jul 28, 2025

Hammerson plc has announced the purchase of 40,261 ordinary shares as part of its ongoing share buyback program, which was initiated in October 2024. This transaction, executed through Morgan Stanley & Co. International plc, is part of a broader strategy to enhance shareholder value by reducing the number of shares in circulation. Since the inception of the buyback program, Hammerson has acquired a total of 16,314,782 ordinary shares. The cancellation of these shares is expected to positively impact the company’s earnings per share and market positioning.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £3.20 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 11, 2025