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Picton Property Income (GB:PCTN)
LSE:PCTN

Picton Property Income (PCTN) AI Stock Analysis

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GB:PCTN

Picton Property Income

(LSE:PCTN)

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Neutral 60 (OpenAI - 5.2)
Rating:60Neutral
Price Target:
88.00p
â–²(13.26% Upside)
Picton Property Income's overall stock score is primarily supported by its strong valuation metrics, including a low P/E ratio and high dividend yield, which suggest potential undervaluation. However, financial performance is mixed, with strong profitability offset by revenue and cash flow volatility. Technical indicators are neutral, providing no clear directional bias.
Positive Factors
High profit margins
Sustained high gross and net margins indicate the REIT captures strong rental spreads and controls property operating costs. This margin cushion supports durable distributable income, funds maintenance/capex and enhances resilience to modest rental or occupancy pressure over the medium term.
Conservative leverage
A conservative capital structure lowers refinancing and interest rate risk for a property portfolio, preserving dividend capacity and providing flexibility to opportunistically acquire assets or weather downturns without forcing distressed disposals or aggressive recapitalizations.
Positive cash generation
Consistent operating cash flow and meaningful free-cash-flow relative to earnings support sustainable dividend payments and buybacks, and allow reinvestment in asset management. Reliable cash conversion underpins long-term shareholder distributions and strategic flexibility.
Negative Factors
Revenue and earnings volatility
Large swings in revenue and occasional negative net income undermine predictability of distributable income for a REIT. Volatile earnings complicate dividend forecasting, increase the likelihood of defensive asset sales or capital adjustments, and raise long-term investor uncertainty.
Declining asset base
A shrinking asset and equity base can signal disposals, valuation falls or limited reinvestment. Loss of scale reduces rental income potential and diversification benefits, constraining long-term growth in distributable income and the ability to spread fixed costs across the portfolio.
Cash flow volatility and financing outflows
Volatile free cash flow combined with sizable financing outflows increases refinancing and liquidity risk for a REIT. Persistent outflows may force asset sales or curtail dividends during stress, limiting capital allocation flexibility and raising the cost of future financing.

Picton Property Income (PCTN) vs. iShares MSCI United Kingdom ETF (EWC)

Picton Property Income Business Overview & Revenue Model

Company DescriptionPicton, established in 2005, is a UK REIT. It owns and actively manages a £665 million diversified UK commercial property portfolio, invested across 47 assets and with around 350 occupiers (as at 31 March 2020). Through an occupier focused, opportunity led approach to asset management, Picton aims to be one of the consistently best performing diversified UK focused property companies listed on the main market of the London Stock Exchange.
How the Company Makes MoneyPicton Property Income generates revenue primarily through rental income from its portfolio of commercial properties, which includes leases with a variety of tenants across different sectors. This rental income forms the backbone of the company's revenue model, providing consistent cash flow. Additionally, the company may also earn income through property sales or redevelopments, where it seeks to maximize the value of its holdings. Significant partnerships can include collaborations with property management firms and local governments, which can help in optimizing property performance and ensuring compliance with regulations. The company's ability to effectively manage its properties, maintain high occupancy rates, and strategically acquire new assets contributes to its overall earnings.

Picton Property Income Financial Statement Overview

Summary
Picton Property Income demonstrates strong profitability margins and a stable balance sheet with low leverage. However, inconsistent revenue and earnings patterns, along with cash flow volatility, present challenges in maintaining stable financial performance.
Income Statement
45
Neutral
Picton Property Income has shown inconsistent revenue trends with a significant revenue drop in 2023, followed by a recovery. Gross and net profit margins are relatively strong at 69.7% and 69.1% respectively for 2025, indicating effective cost management. However, the drastic fluctuation in net income, including a negative net profit in 2024, suggests volatility in earnings.
Balance Sheet
60
Neutral
The balance sheet reflects a strong equity position with a high equity ratio of 69.8% in 2025, highlighting financial stability. The debt-to-equity ratio of 0.40 is conservative, suggesting low leverage. However, the decline in total assets and equity over the years needs attention.
Cash Flow
50
Neutral
Operating cash flow is positive and showed growth from prior years, with a free cash flow to net income ratio of 0.67 for 2025 indicating good cash generation relative to earnings. However, the significant volatility in free cash flow growth and financing cash outflows pose potential liquidity risks.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue52.65M54.02M54.69M-67.73M169.09M49.91M
Gross Profit19.26M37.68M37.89M-83.46M157.83M40.02M
EBITDA30.70M30.72M30.82M0.000.0028.07M
Net Income40.95M37.32M-4.79M-98.28M146.99M33.80M
Balance Sheet
Total Assets756.90M764.64M773.92M792.56M895.81M712.47M
Cash, Cash Equivalents and Short-Term Investments53.59M35.32M19.77M20.05M38.55M23.36M
Total Debt211.06M211.21M228.82M225.46M219.54M165.47M
Total Liabilities229.33M231.26M249.44M244.93M238.68M184.27M
Stockholders Equity527.57M533.38M524.48M547.62M657.13M528.20M
Cash Flow
Free Cash Flow22.22M24.91M20.20M23.02M20.01M18.30M
Operating Cash Flow22.23M24.92M20.21M23.03M20.01M18.57M
Investing Cash Flow44.27M37.69M-4.46M-26.76M-33.83M-1.30M
Financing Cash Flow-41.14M-47.07M-16.02M-14.59M29.01M-17.48M

Picton Property Income Technical Analysis

Technical Analysis Sentiment
Positive
Last Price77.70
Price Trends
50DMA
76.77
Positive
100DMA
76.93
Positive
200DMA
76.02
Positive
Market Momentum
MACD
2.05
Positive
RSI
73.48
Negative
STOCH
55.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PCTN, the sentiment is Positive. The current price of 77.7 is below the 20-day moving average (MA) of 81.00, above the 50-day MA of 76.77, and above the 200-day MA of 76.02, indicating a bullish trend. The MACD of 2.05 indicates Positive momentum. The RSI at 73.48 is Negative, neither overbought nor oversold. The STOCH value of 55.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:PCTN.

Picton Property Income Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
£60.38M8.3110.96%8.23%8.48%207.85%
72
Outperform
£389.45M7.4711.71%7.17%1.60%211.81%
71
Outperform
£171.37M13.437.37%7.43%-10.95%-30.09%
66
Neutral
£42.88M23.074.34%7.14%-41.22%―
66
Neutral
£274.88M――6.64%――
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
60
Neutral
£423.89M10.887.51%5.15%-3.98%412.08%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:PCTN
Picton Property Income
83.00
22.43
37.04%
GB:AEWU
AEW UK REIT
108.00
12.97
13.65%
GB:CREI
Custodian REIT
84.80
15.81
22.93%
GB:PCA
Palace Capital
212.00
2.52
1.20%
GB:SREI
Schroder Real Estate ate ate Investment
56.20
12.41
28.34%
GB:AIRE
Alternative Income REIT Plc
75.00
12.36
19.73%

Picton Property Income Corporate Events

Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
Picton Posts Sixth Straight NAV Gain as Strategic Review Puts Spotlight on Discounted Shares
Positive
Jan 29, 2026

Picton Property Income reported its sixth consecutive quarterly increase in net asset value per share, with NAV/EPRA NTA up 0.9% to 102.4p and a total return of 1.8% for the three months to 31 December 2025, underpinned by a 0.6% like-for-like portfolio valuation uplift and disciplined capital management. The group continued to invest in and reposition its portfolio, deploying £2.5 million into upgrades and asset acquisitions, securing new lettings and lease renewals at premia to estimated rental values, and crystallising upside at key industrial assets, albeit at the cost of lower occupancy, which fell to 83%. Picton maintained a conservative balance sheet with a 22.9% loan-to-value ratio, fully fixed long-term debt at 3.7%, and an undrawn £50 million revolving credit facility, while its share buyback programme remained value accretive, repurchasing £6.0 million of stock at a 25% discount to NAV before being paused following the launch of a strategic review. The company declared a quarterly dividend of 0.95p per share, providing a covered, annualised yield of 4.6% on the current share price, and enters 2026 with a £1.6 million leasing pipeline agreed subject to contract as the board evaluates strategic options, including potential corporate activity, to maximise shareholder value in the context of a share price still trading at a material discount to NAV.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £88.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyDividends
Picton Property Income Holds Interim Dividend at 0.95p Per Share
Positive
Jan 29, 2026

Picton Property Income has declared an interim dividend of 0.95 pence per share for the period from 1 October to 31 December 2025, maintaining its previous payout level and designating the distribution as a property income distribution. The decision to hold the dividend steady underscores the company’s focus on providing consistent income to shareholders from its diversified UK commercial property portfolio, signaling stability in cash generation and reinforcing its positioning as a reliable income-focused REIT for investors.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £88.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyM&A Transactions
Picton Property Income Launches Strategic Review and Formal Sale Process to Address Valuation Discount
Negative
Jan 13, 2026

Picton Property Income has launched a strategic review and formal sale process to explore options to maximise shareholder value, amid a persistent discount of its share price to its net asset values and a challenging equity-raising environment for UK listed property companies. The board will examine potential mergers with other UK REITs, broader sector consolidation or combinations, the sale of the entire issued share capital, or disposals of its property portfolio or subsidiaries with a return of capital, reflecting concerns that Picton’s current scale may no longer be optimal as a standalone listed entity despite strong long-term performance and a solid balance sheet; Stifel has been appointed to run a targeted process with interested parties under the UK Takeover Code, with any proposals to be handled on a confidential basis and updates to follow as the review progresses.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyM&A Transactions
Picton Property Income Launches Strategic Review and Formal Sale Process to Address Valuation Discount
Negative
Jan 13, 2026

Picton Property Income has launched a strategic review and formal sale process to explore options to maximise shareholder value, amid a persistent discount of its share price to its net asset values and a challenging equity-raising environment for UK listed property companies. The board will examine potential mergers with other UK REITs, broader sector consolidation or combinations, the sale of the entire issued share capital, or disposals of its property portfolio or subsidiaries with a return of capital, reflecting concerns that Picton’s current scale may no longer be optimal as a standalone listed entity despite strong long-term performance and a solid balance sheet; Stifel has been appointed to run a targeted process with interested parties under the UK Takeover Code, with any proposals to be handled on a confidential basis and updates to follow as the review progresses.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Cancels 150,000 Shares in Latest Buyback
Positive
Jan 12, 2026

Picton Property Income Limited has executed a share buyback, purchasing 150,000 of its ordinary shares on the London Stock Exchange for cancellation at an average price of 77.6 pence per share, within a range of 77.2 to 78.0 pence. Following this transaction, the company’s total shares in issue stand at 513,827,021, which now represents the total voting rights and provides the reference figure for shareholders’ disclosure obligations under UK transparency rules, modestly consolidating existing investors’ stakes and signalling ongoing capital management activity.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Buys Back 150,000 Shares on LSE
Neutral
Jan 9, 2026

Picton Property Income Limited has bought back and cancelled 150,000 of its ordinary shares on the London Stock Exchange at an average price of 77.6 pence per share. Following this transaction, the company now has 513,977,021 ordinary shares in issue, which constitutes the total voting rights and will be used by investors to assess any disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Picton Property Income Cancels 122,979 Shares After Buyback on LSE
Neutral
Jan 8, 2026

Picton Property Income Limited has repurchased and cancelled 122,979 of its ordinary shares on the London Stock Exchange at an average price of 76.9 pence per share, as part of its ongoing share buyback activity. Following this transaction, the company now has 514,127,021 ordinary shares in issue, which represents the total voting rights for shareholders and may influence investor calculations regarding disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Buys Back and Cancels 250,000 Shares
Neutral
Jan 7, 2026

Picton Property Income Limited has repurchased and cancelled 250,000 of its ordinary shares on the London Stock Exchange, at an average price of 76.8 pence per share, as part of its ongoing capital management. Following this transaction, the company’s share count stands at 514,250,000 ordinary shares in issue, which now represents the total voting rights for shareholders when assessing disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Cancels 250,000 Shares in Latest Buyback Move
Neutral
Jan 6, 2026

Picton Property Income Limited has undertaken a share buyback, purchasing 250,000 of its ordinary shares on the London Stock Exchange for cancellation at an average price of 75.1 pence per share. Following this transaction, the company now has 514.5 million ordinary shares in issue, which represents the total voting rights and will be used by shareholders to assess disclosure obligations under UK transparency rules, signalling ongoing capital management activity that can affect earnings per share and ownership percentages for existing investors.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Picton Property Income Cancels 250,000 Shares in Latest Buyback
Neutral
Jan 5, 2026

Picton Property Income has executed a share buyback, purchasing and cancelling 250,000 ordinary shares on the London Stock Exchange at an average price of 74.1 pence per share. Following the transaction, the company now has 514,750,000 ordinary shares in issue, which constitutes the total voting rights and provides the reference figure for shareholders assessing disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Regulatory Filings and Compliance
Picton Confirms 515 Million Voting Shares in Latest Capital Update
Neutral
Jan 2, 2026

Picton Property Income Limited has confirmed that, as of 31 December 2025, its issued share capital comprises 515 million ordinary shares, all of which carry voting rights, with no shares held in treasury. The disclosure, made in line with the FCA’s transparency rules, sets the official denominator for investors assessing whether changes in their holdings trigger regulatory notification requirements, providing clarity for shareholders and reinforcing the company’s compliance with UK market disclosure standards.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Cancels 333,154 Ordinary Shares in Financial Move
Neutral
Dec 17, 2025

Picton Property Income Limited has repurchased and canceled 333,154 of its Ordinary Shares at an average price of 73.6 pence per share on 17 December 2025. Following this transaction, the company’s total Ordinary Shares in issue stand at 515,000,000, which impacts the total voting rights available to shareholders and aligns with the company’s strategic financial management practices aimed at optimizing value for stakeholders.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count with Latest Buyback
Positive
Dec 16, 2025

Picton Property Income Limited has repurchased and canceled 290,000 of its Ordinary Shares, trading on the London Stock Exchange, at an average price of 72.9 pence per share. This transaction reduces the total number of shares in issue to 515,333,154, impacting shareholder voting rights and potentially enhancing shareholder value by reducing share dilution.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Executes Share Buyback
Neutral
Dec 15, 2025

Picton Property Income Limited has repurchased and canceled 200,000 of its ordinary shares, as part of its ongoing strategy to manage its share capital. This transaction, conducted on the London Stock Exchange, leaves the company with 515,623,154 ordinary shares in issue, impacting shareholder voting rights and potentially influencing market perceptions of the company’s financial health and strategic direction.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and Strategy
Picton Property Income Announces Change of Registered Office Address
Neutral
Dec 15, 2025

Picton Property Income Limited has announced a change in its registered office address to Ground Floor, Plaza House, Admiral Park, St Peter Port, Guernsey, effective December 15, 2025. This change is part of the company’s ongoing operational adjustments, although its contact details and other correspondence addresses remain the same. The move is not expected to impact its strategic positioning or stakeholder relations significantly.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Limited Announces Share Repurchase
Neutral
Dec 12, 2025

Picton Property Income Limited has repurchased 200,000 of its ordinary shares for cancellation, as part of its ongoing management strategy. This transaction reduces the total number of shares in circulation to 515,823,154, impacting shareholder voting rights and potentially enhancing shareholder value.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Optimizes Capital Structure with Share Repurchase
Positive
Dec 11, 2025

Picton Property Income Limited has repurchased 200,000 of its ordinary shares for cancellation, reducing its total shares in issue to 516,023,154. This strategic move is part of Picton’s ongoing efforts to optimize its capital structure and enhance shareholder value, reflecting its agile approach to adapting to market trends.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Enhances Shareholder Value with Share Buyback
Positive
Dec 10, 2025

Picton Property Income Limited has repurchased and cancelled 200,000 of its Ordinary Shares at an average price of 73.0 pence per share, reducing its total shares in issue to 516,223,154. This transaction is part of Picton’s strategy to manage its share capital effectively, potentially enhancing shareholder value and maintaining its position as a leading diversified UK REIT.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count with Recent Buyback
Neutral
Dec 9, 2025

Picton Property Income Limited announced the purchase and cancellation of 200,000 of its own ordinary shares, traded on the London Stock Exchange at an average price of 73.6 pence per share. This transaction reduces the total number of shares in issue to 516,423,154, impacting the company’s voting rights and potentially affecting shareholder calculations under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count with Recent Buyback
Neutral
Dec 8, 2025

Picton Property Income Limited has repurchased and canceled 200,000 of its ordinary shares, trading on the London Stock Exchange, at an average price of 75.2 pence per share. This transaction reduces the total number of shares in issue to 516,623,154, affecting the company’s voting rights and potentially impacting shareholder interests under the Financial Conduct Authority’s regulations.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Reduces Share Count with Strategic Buyback
Positive
Dec 5, 2025

Picton Property Income Limited announced the repurchase and cancellation of 200,000 of its ordinary shares at an average price of 75.9 pence per share, reducing the total number of shares in issue to 516,823,154. This transaction is part of Picton’s strategic approach to manage its capital structure and enhance shareholder value, reflecting its agile business model that adapts to market trends and maintains strong performance in the UK commercial property sector.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count with Recent Buyback
Positive
Dec 4, 2025

Picton Property Income Limited has repurchased 124,236 of its Ordinary Shares for cancellation, trading on the London Stock Exchange at an average price of 75.8 pence per share. This transaction reduces the total number of shares in issue to 517,023,154, impacting shareholder voting rights and potentially enhancing shareholder value by consolidating ownership.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count with Recent Buyback
Neutral
Dec 3, 2025

Picton Property Income Limited has repurchased and cancelled 200,000 of its Ordinary Shares, trading on the London Stock Exchange at an average price of 75.4 pence per share. This transaction reduces the total number of shares in issue to 517,147,390, impacting the company’s voting rights and potentially affecting shareholder interests under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Cancels 200,000 Shares in Strategic Buyback
Neutral
Dec 2, 2025

Picton Property Income Limited has repurchased and canceled 200,000 of its ordinary shares, which were acquired through Stifel Nicolaus Europe Limited at an average price of 75.4 pence per share. This transaction reduces the total number of shares in issue to 517,347,390, impacting shareholder voting rights and potentially influencing the company’s market positioning and investor relations.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count with Recent Buyback
Positive
Dec 1, 2025

Picton Property Income Limited has repurchased and canceled 150,000 of its ordinary shares, trading on the London Stock Exchange, at an average price of 75.3 pence per share. This transaction reduces the total number of shares in issue to 517,547,390, impacting shareholder voting rights and potentially signaling confidence in the company’s financial health and market positioning.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Regulatory Filings and Compliance
Picton Property Income Announces Total Voting Rights Update
Neutral
Nov 28, 2025

Picton Property Income Limited has announced that its total issued share capital consists of 517,697,390 Ordinary Shares with voting rights as of November 28, 2025. This update is significant for shareholders as it affects their calculations for notifying the company and the FCA of any changes in their shareholding, underlining Picton’s commitment to transparency and regulatory compliance.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count with Recent Buyback
Neutral
Nov 28, 2025

Picton Property Income Limited has repurchased 150,000 of its ordinary shares for cancellation, trading on the London Stock Exchange at an average price of 75.4 pence per share. This transaction reduces the total number of shares in issue to 517,697,390, impacting shareholder voting rights and potentially signaling confidence in the company’s market value.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Cancels 100,000 Shares in Strategic Move
Neutral
Nov 27, 2025

Picton Property Income Limited has repurchased and cancelled 100,000 of its ordinary shares, reducing the total number of shares to 517,847,390. This transaction, conducted through the London Stock Exchange, reflects Picton’s strategic management of its share capital, potentially impacting shareholder voting rights and aligning with its long-term market positioning.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and Strategy
Kepler Trust Intelligence Releases New Report on Picton Property Income
Neutral
Nov 27, 2025

Kepler Trust Intelligence has released a new research report on Picton Property Income, providing a comprehensive analysis for long-term investors. This report, available for UK investors, aims to offer insights into the company’s investment strategy and market positioning, potentially impacting investor decisions and perceptions in the commercial property sector.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count with Recent Buyback
Positive
Nov 26, 2025

Picton Property Income Limited has repurchased 100,000 of its Ordinary Shares for cancellation, trading on the London Stock Exchange at an average price of 74.8 pence per share. This transaction reduces the total number of shares in issue to 517,947,390, impacting shareholder voting rights and potentially enhancing shareholder value by reducing the share count.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Supply with Recent Buyback
Positive
Nov 25, 2025

Picton Property Income Limited has repurchased 200,000 of its ordinary shares for cancellation, trading on the London Stock Exchange at an average price of 74.3 pence per share. This transaction reduces the total number of shares in issue to 518,047,390, impacting shareholder voting rights and potentially enhancing shareholder value by decreasing the share supply.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count Through Buyback
Neutral
Nov 24, 2025

Picton Property Income Limited has repurchased and cancelled 200,000 of its ordinary shares, trading on the London Stock Exchange at an average price of 73.8 pence per share. This transaction reduces the total number of shares in issue to 518,247,390, potentially impacting shareholder voting rights and interest notifications as per Financial Conduct Authority guidelines.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Optimizes Capital Structure with Share Repurchase
Positive
Nov 21, 2025

Picton Property Income Limited has repurchased and canceled 180,000 of its ordinary shares on the London Stock Exchange, reducing the total number of shares in issue to 518,447,390. This transaction is part of Picton’s strategic approach to optimize its capital structure and enhance shareholder value, reflecting its commitment to adapt to market trends and maintain its position as a leading diversified UK REIT.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Cancels 200,000 Shares
Neutral
Nov 20, 2025

Picton Property Income Limited announced the purchase and cancellation of 200,000 of its own ordinary shares on the London Stock Exchange, at an average price of 74.1 pence per share. This transaction reduces the total number of shares in issue to 518,627,390, which affects the total voting rights and may influence shareholder notifications under regulatory rules.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Repurchases Shares to Optimize Capital Structure
Neutral
Nov 19, 2025

Picton Property Income Limited has repurchased and canceled 200,000 of its ordinary shares, traded on the London Stock Exchange, at an average price of 74.4 pence per share. This transaction reduces the total number of shares in issue to 518,827,390, impacting the company’s voting rights and potentially affecting shareholder calculations under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Cancels 200,000 Shares in Strategic Move
Neutral
Nov 18, 2025

Picton Property Income Limited announced the purchase and cancellation of 200,000 of its Ordinary Shares on the London Stock Exchange, reducing its total shares in issue to 519,027,390. This transaction reflects Picton’s strategic approach to managing its share capital and may impact shareholder calculations under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Enhances Shareholder Value Through Share Repurchase
Positive
Nov 17, 2025

Picton Property Income Limited has repurchased 160,000 of its ordinary shares for cancellation, as part of its strategy to manage its share capital effectively. This transaction, conducted through Stifel Nicolaus Europe Limited on the London Stock Exchange, reflects Picton’s ongoing efforts to enhance shareholder value and maintain its position as a leading diversified UK REIT.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Reduces Share Count with Recent Buyback
Neutral
Nov 14, 2025

Picton Property Income Limited has repurchased and cancelled 113,400 of its ordinary shares on the London Stock Exchange, reducing its total shares in issue to 519,387,390. This transaction is part of Picton’s strategy to manage its capital structure and may influence shareholder voting rights calculations under regulatory guidelines.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Picton Property Income Outperforms with Strategic Portfolio Realignment
Positive
Nov 14, 2025

Picton Property Income reported a NAV total return of 3.4% and profits of 2.9 pence per share for the interim period ending September 30, 2025, outperforming the MSCI UK Quarterly Property Index for the 12th consecutive year. The company’s strategic portfolio realignment towards industrial and logistics assets, along with a reduction in short-term debt, has positioned it well for future growth, with potential rental value increases and a narrowing discount on its shares.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count with Recent Buyback
Positive
Nov 13, 2025

Picton Property Income Limited has repurchased and canceled 68,530 of its ordinary shares, trading on the London Stock Exchange at an average price of 77.0 pence per share. This transaction reduces the total number of shares in issue to 519,500,790, impacting shareholder voting rights and potentially enhancing shareholder value by reducing share dilution.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count with Recent Buyback
Positive
Nov 12, 2025

Picton Property Income Limited has repurchased and cancelled 160,000 of its ordinary shares, trading on the London Stock Exchange at an average price of 77.5 pence per share. This transaction reduces the total number of shares in issue to 519,569,320, impacting shareholder voting rights and potentially enhancing shareholder value by reducing the share count.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock BuybackFinancial Disclosures
Picton Property Income Reports Strong Half-Year Results with Strategic Portfolio Management
Positive
Nov 12, 2025

Picton Property Income Limited reported positive half-year results with a total return of 3.4% and a total shareholder return of 12.1%. The company has been actively managing its portfolio, focusing on the industrial sector, and has implemented a share buyback program to enhance shareholder value. The results reflect improved profits, with a profit after tax of £15.1 million, and a strategic focus on repositioning its portfolio to support earnings growth and improve environmental performance.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count with Recent Buyback
Neutral
Nov 11, 2025

Picton Property Income Limited has announced the purchase and cancellation of 107,680 of its ordinary shares on the London Stock Exchange, reducing its total shares in issue to 519,729,320. This transaction impacts the company’s total voting rights and may affect shareholder notifications under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Announces Share Repurchase and Cancellation
Neutral
Nov 10, 2025

Picton Property Income Limited has repurchased and canceled 100,000 of its ordinary shares, reducing the total number of shares in issue to 519,837,000. This transaction, conducted through the London Stock Exchange, is part of Picton’s strategic management of its share capital, potentially impacting shareholder voting rights and interest notifications.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Announces Share Repurchase
Positive
Nov 7, 2025

Picton Property Income Limited has announced the repurchase and cancellation of 150,000 of its ordinary shares, conducted through Stifel Nicolaus Europe Limited on the London Stock Exchange. This transaction reduces the total number of shares in issue to 519,937,000, impacting the voting rights and shareholding calculations for investors. The move reflects Picton’s strategic financial management and could influence its market positioning by potentially enhancing shareholder value.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count with Recent Buyback
Neutral
Nov 3, 2025

Picton Property Income Limited has announced the purchase and cancellation of 110,000 of its Ordinary Shares on the London Stock Exchange, at an average price of 78.4 pence per share. This transaction reduces the total number of shares in issue to 520,087,000, affecting the voting rights and potential shareholder notifications under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Regulatory Filings and Compliance
Picton Property Income Updates Total Voting Rights
Neutral
Oct 31, 2025

Picton Property Income Limited announced that as of 31 October 2025, its total issued share capital consists of 520,197,000 Ordinary Shares with voting rights. This update is crucial for shareholders to determine their notification obligations under the FCA’s Disclosure Guidance and Transparency Rules, potentially impacting stakeholder engagement and compliance requirements.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Reduces Share Capital Through Buyback
Positive
Oct 31, 2025

Picton Property Income Limited has repurchased and cancelled 100,000 of its ordinary shares, a move that slightly reduces the total number of shares in issue to 520,197,000. This transaction, conducted on the London Stock Exchange, is part of Picton’s strategy to manage its share capital effectively, potentially enhancing shareholder value and maintaining its position as a leading diversified UK REIT.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and Strategy
Picton Property Income Reports Lease Break at Key Logistics Asset
Neutral
Oct 31, 2025

Picton Property Income Limited announced that the occupier of its Rushden 300 logistics asset has exercised a lease break option, resulting in a payment of £2.5 million to Picton. This payment includes a break penalty and dilapidations, which will help mitigate short-term income loss and fund building upgrades. The property, which was the largest reversionary opportunity in Picton’s portfolio, is expected to be re-let at a significantly higher rental value, aligning with the company’s strategic focus on capital growth.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Business Operations and StrategyStock Buyback
Picton Property Income Reduces Share Capital with Recent Buyback
Neutral
Oct 30, 2025

Picton Property Income Limited announced the purchase and cancellation of 130,655 of its ordinary shares on the London Stock Exchange, reducing its total shares in issue to 520,297,000. This transaction is part of Picton’s strategy to manage its share capital effectively, which may impact shareholder voting rights and interest notifications under regulatory guidelines.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Stock Buyback
Picton Property Income Reduces Share Count with Recent Buyback
Positive
Oct 29, 2025

Picton Property Income Limited announced the purchase and cancellation of 100,000 of its ordinary shares, traded on the London Stock Exchange, at an average price of 79.6 pence per share. This transaction reduces the total number of shares in issue to 520,427,655, impacting shareholder voting rights and potentially enhancing shareholder value by reducing share dilution.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £84.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN 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: Dec 07, 2025