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Morgan Sindall
(LSE:MGNS)
Morgan Sindall (MGNS) vs. iShares MSCI United Kingdom ETF (EWC)
Morgan Sindall Business Overview & Revenue Model
Morgan Sindall Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.02B | 4.55B | 4.12B | 3.61B | 3.21B |
| Gross Profit | 606.10M | 529.90M | 446.70M | 370.90M | 382.80M |
| EBITDA | 248.50M | 209.30M | 162.90M | 111.00M | 147.00M |
| Net Income | 174.90M | 131.70M | 117.70M | 60.90M | 97.90M |
Balance Sheet | |||||
| Total Assets | 2.45B | 2.13B | 2.03B | 1.79B | 1.71B |
| Cash, Cash Equivalents and Short-Term Investments | 590.50M | 544.20M | 541.30M | 431.70M | 468.60M |
| Total Debt | 181.70M | 118.50M | 144.40M | 134.00M | 163.40M |
| Total Liabilities | 1.70B | 1.48B | 1.46B | 1.30B | 1.23B |
| Stockholders Equity | 748.80M | 647.20M | 568.10M | 496.20M | 474.20M |
Cash Flow | |||||
| Free Cash Flow | 189.90M | 110.60M | 181.40M | 42.90M | 102.50M |
| Operating Cash Flow | 205.90M | 128.80M | 196.00M | 54.70M | 110.50M |
| Investing Cash Flow | -44.80M | 4.70M | -11.00M | 8.30M | -4.50M |
| Financing Cash Flow | -122.30M | -101.80M | -78.90M | -66.80M | -80.80M |
Morgan Sindall Technical Analysis
Morgan Sindall Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | £1.47B | 8.23 | 24.69% | 3.08% | -1.17% | 12.31% | |
78 Outperform | £1.77B | 7.70 | 17.29% | 2.34% | 3.88% | 5.10% | |
76 Outperform | £3.39B | 6.66 | 16.34% | 1.80% | 9.97% | -15.46% | |
73 Outperform | £2.08B | 12.50 | 24.53% | 2.49% | 6.93% | 21.50% | |
72 Outperform | £536.95M | 7.10 | 27.48% | 3.65% | 5.78% | -6.80% | |
71 Outperform | £905.92M | 9.81 | 11.69% | 3.19% | 4.40% | 31.59% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
Morgan Sindall Corporate Events
Morgan Sindall Group has awarded nil-cost share options to chief executive John Morgan and chief financial officer Kelly Gangotra under its Deferred Bonus Plan, linked to their annual bonuses for the year ended 31 December 2025. The grants, covering 6,807 options for Morgan and 5,429 for Gangotra, align leadership incentives with shareholder interests by tying a portion of executive pay to future share performance and dividend-linked returns.
The options, exercisable from 9 March 2020 and based on a reference share price of £46.28, include rights to dividend equivalents that can be settled in cash or shares. While primarily a routine remuneration and governance disclosure under market abuse regulations, the award structure underscores the group’s continued use of equity-based compensation to retain senior management and support long-term value creation for stakeholders.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £5147.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.
Morgan Sindall Group has granted conditional awards of ordinary shares to chief executive John Morgan and chief financial officer Kelly Gangotra under its 2023 Long Term Incentive Plan. The awards, over 34,356 shares for Morgan and 22,815 shares for Gangotra, reflect the group’s continued use of equity-based pay to align executive incentives with long-term shareholder value.
The conditional share awards, made on 9 March 2026, will vest on 9 March 2029 subject to performance criteria and will then be subject to a further two-year holding period in line with the board’s remuneration policy. The structure, including dividend equivalents payable in cash or shares, underlines a focus on performance-linked, long-horizon rewards that may support retention of senior leadership and signal confidence in the group’s future prospects.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £5147.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.
Morgan Sindall Group has disclosed a transaction by its chief executive, John Morgan, in line with market abuse regulations governing dealings by senior managers. The filing relates to the vesting of nil-cost share options that were originally granted in March 2023 under the company’s Deferred Bonus Plan adopted in 2017.
Upon vesting on 3 March 2026, the options carried a right to receive an amount linked to dividends paid over the deferral period, and this dividend equivalent has been settled in additional ordinary shares. The award, including the dividend equivalent of 856 new shares, remains exercisable until the tenth anniversary of the original grant date and was executed outside a trading venue, underscoring routine remuneration rather than an open-market share purchase.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £5897.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.
Morgan Sindall Group has disclosed a share transaction involving its chief executive, John Morgan, under market abuse regulations. The move relates to the vesting of conditional share awards granted under the company’s 2014 Long Term Incentive Plan and reflects ongoing use of equity-based remuneration to align leadership incentives with shareholder interests.
Following the vesting, Morgan acquired 53,205 ordinary shares at nil cost, including dividend equivalent shares, and sold 23,943 shares at £46.25 each to meet PAYE tax obligations. The remaining 29,262 shares have been retained in the company’s nominee account for a mandatory two-year holding period, underscoring governance controls over executive share ownership and longer-term value alignment.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £5897.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.
Morgan Sindall Group has applied to the London Stock Exchange for the admission to trading of 33,000 new ordinary shares of 5p each, which may be issued in future under the Morgan Sindall Sharesave Plan (2018). The shares, expected to be admitted on 5 March 2026, will rank pari passu with existing ordinary shares, supporting the company’s employee savings and share ownership arrangements without altering existing shareholder rights.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £5897.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.
Morgan Sindall Group plc has confirmed that, as of 28 February 2026, its issued share capital comprises 48,026,802 ordinary shares of 5p each, all carrying voting rights and with no shares held in treasury. This establishes the total number of voting rights in the company at 48,026,802, a figure that shareholders and other market participants must use as the denominator when assessing and reporting any notifiable holdings under the FCA’s Disclosure and Transparency Rules.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £5897.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.
Morgan Sindall Group has announced a change in its board-related disclosures, highlighting a new external appointment for its Non-Executive Chair, Peter Harrison. The update reflects the group’s ongoing obligation to report directors’ roles in other listed companies under UK listing rules.
Harrison has been appointed a Non-Executive Director of Marsh & McLennan Companies, Inc., effective 25 February 2026. The additional blue-chip board position may broaden his external perspective and network, potentially benefiting Morgan Sindall’s governance and strategic oversight without altering its existing executive structure.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £5800.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.
Morgan Sindall Group reported another record year in 2025, with revenue up 10% to £5.0bn and adjusted profit before tax rising 35% to £232.6m, underpinned by margin expansion and a robust net cash position of £531m. The group lifted its full-year dividend by 20% and enters 2026 with a record £19.1bn of secured and preferred bidder work, prompting higher medium-term targets for its Infrastructure and Mixed Use Partnerships divisions despite housing market headwinds.
Performance was broad-based, led by standout growth in the Fit Out and Construction businesses, resilient gains in Partnership Housing, and a return to profit in Property Services after remediation, while Mixed Use Partnerships absorbed planned investment costs ahead of 2026 project starts. The group also maintained top-tier ESG ratings, reinforcing its positioning as a financially strong, sustainability-focused contractor, and signaling continued confidence in long-term demand across its chosen markets.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £5800.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.
Morgan Sindall Group reported that all divisions performed well in 2025 and the company expects full-year results to be in line with current market expectations. The group has entered 2026 with a record secured order book and preferred bidder work of £19.1 billion, up 17% year-on-year, reflecting strong strategic progress across its operating sectors.
Management highlighted a marked increase in confidence around converting preferred bidder work and securing new tenders in its Fit Out division, boosting revenue visibility. Profits from Fit Out in 2026 are now expected to be significantly ahead of prior expectations and well above the division’s medium-term target range, lifting the overall group outlook for 2026 above earlier forecasts, while other divisions are set to perform in line with previous guidance.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £5400.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.
Morgan Sindall Group plc has reported that, as of 31 January 2026, its issued share capital stands at 48,023,525 ordinary shares of 5p each, all carrying voting rights, with no shares held in treasury. This disclosure sets the official total of voting rights in the company at 48,023,525, providing shareholders and other interested parties with the denominator needed to assess and report any notifiable holdings or changes under the UK Financial Conduct Authority’s Disclosure and Transparency Rules.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £5400.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.
Morgan Sindall Group plc has announced that it will publish its full-year results for the 12 months to 31 December 2025 on Wednesday 25 February 2026, with the figures to be released via the London Stock Exchange’s Regulatory News Service and the investor relations section of its website. The company will also host an analyst presentation at Bank of America’s London offices on the morning of the announcement, underlining its engagement with the investment community ahead of a key update on trading and financial performance that will be closely watched by market participants and other stakeholders.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £5400.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.
Morgan Sindall Group plc has confirmed that, as of 31 December 2025, its issued share capital comprises 48,022,962 ordinary shares of 5p each, all carrying voting rights, with no shares held in treasury. This disclosure sets the official total number of voting rights in the company at 48,022,962, providing the reference denominator for shareholders and other obligated parties to assess and report any notifiable interests or changes in their holdings under the Financial Conduct Authority’s Disclosure and Transparency Rules, thereby supporting regulatory compliance and market transparency around the company’s ownership structure.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £5444.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.
Morgan Sindall Group plc has announced a block listing application for 36,000 Ordinary Shares to be added to the Official List of the UK Listing Authority and traded on the London Stock Exchange. These shares, expected to be admitted on 18 December 2025, will fulfill options granted under the Morgan Sindall Sharesave Plan (2018), aligning with the company’s strategy to incentivize and reward its employees.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £5444.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.