Shaftesbury Capital (GB:SHC)
LSE:SHC
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Earnings Data
Report Date
Aug 05, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.02Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a broadly positive operational and financial picture: valuation, ERV, rental income, underlying earnings and dividends all increased materially; balance sheet metrics were strengthened (net debt down, LTV 17%) and leasing demand is strong with low vacancy. The main concerns are refinancing requirements in the near term, heightened administration costs (driven by share options), and macro/interest rate uncertainty. On balance, the positive performance metrics and enhanced liquidity outweigh the manageable risks highlighted.Company Guidance
Valuation and Returns
Portfolio valuation up 6.6% like-for-like to GBP 5.4bn; total accounting return around 9% and total property return around 10%; ERV increased c.6.2% to GBP 270m.
Rental and Leasing Performance
Gross rents up c.5.9% like-for-like to GBP 195.6m; lettings and renewals on aggregate 10% ahead of ERV and 14% up on previous passing rents; 434 leasing transactions in the year representing nearly GBP 40m of contracted rent; portfolio vacancy very low at 2.6%.
Earnings, Dividends and Finance Costs
Underlying earnings increased 12% to GBP 81.9m (c.4.5p per share); total dividend up 14% to 4.0p per share with a proposed final dividend of 2.1p; finance costs reduced by almost 30% to GBP 41.4m.
Balance Sheet Strength and Liquidity
Net debt reduced from GBP 1.4bn to GBP 0.8bn (group share); loan-to-value c.17%; net tangible assets up c.7% year-on-year; new GBP 300m 5‑year Covent Garden facility, extended undrawn facilities of GBP 450m and a GBP 300m SONIA exposure cap at 3% to protect finance costs.
High-Quality, High-Demand Portfolio
Irreplaceable West End portfolio of ~2.8m sq ft, 640 buildings and ~1,900 lettable units with strong retail and F&B mix; retail valuation growth of c.10.4%; customer sales materially ahead of 2019 levels; average ERV below GBP 100/sq ft supporting affordability and demand.
Strategic Partnership and Capital Deployment
Formed a long-term partnership on Covent Garden with Norway's sovereign wealth fund (NBIM) enhancing capital optionality; invested in acquisitions and capex (cited >GBP 100m across activity) and completed targeted acquisitions of ~GBP 80m while disposing c. GBP 12m of assets.
GB:SHC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:SHC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | 144.97 p | 149.50 p | +3.12% |
Jul 29, 2025 | 151.52 p | 156.77 p | +3.47% |
Feb 27, 2025 | 120.07 p | 119.79 p | -0.24% |
Jul 31, 2024 | 143.91 p | 144.39 p | +0.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Shaftesbury Capital (GB:SHC) report earnings?
Shaftesbury Capital (GB:SHC) is schdueled to report earning on Aug 05, 2026, TBA (Confirmed).
What is Shaftesbury Capital (GB:SHC) earnings time?
Shaftesbury Capital (GB:SHC) earnings time is at Aug 05, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Shaftesbury Capital stock?
The P/E ratio of Shaftesbury Capital is N/A.
What is GB:SHC EPS forecast?
Currently, no data Available