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Hammerson(HMSO)

Sector:

Real Estate

Index:

FTSE 100

Market Cap

£2,591.42m

Change Today

Price Up18.50p

Share Price

895.50p

Hammerson Overview

European property firm, Hammerson, invests in and develops shopping centres, retail parks and prime offices through operations in the UK, France and Germany. Its portfolio of around 1.2 million m² of retail space and over 260,000 m² of prime offices is valued at around £5.7bn.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 3.0% 3.3%
Div Cover 1.5 1.4
Op Mrgn 83.4% 40.0%
ROCE 3.8%  

Valuation

Latest F'cast
P/E 22.2 22.3
PEG 1.0 n/a
Pr/Revenue 8.3 8.5
Pr/Book 0.6  

Growth

Latest F'cast
Revenue 12.0% -1.7%
PBT -86.1% 10.9%
EPS 22.9% -0.3%
DPS 25.9% 6.3%

Hammerson Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-03 a189.50 a67.10 29.80p 21.7 10.9 +2% 16.83p 2.6%
31-Dec-04 a219.60 a413.40 28.70p 30.3 n/a -4% 17.92p 2.1%
31-Dec-05 249.20 698.60 31.60p 32.3 3.2 +10% 19.71p 1.9%
31-Dec-06 278.20 792.40 32.80p 48.1 12.0 +4% 21.68p 1.4%
31-Dec-07 311.50 110.40 40.30p 25.4 1.1 +23% 27.30p 2.7%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Hammerson Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 306.21 122.48 40.18p 22.3 n/a -0% 29.01p 3.3%
31-Dec-09 346.39 122.36 43.59p 20.5 2.4 +8% 31.25p 3.6%

Covering analysts: Arbuthnot Securities, Charles Stanley & Co, Credit Suisse, Deutsche Bank Research, Goldman Sachs, HSBC Securities, JP Morgan, Lehman Bros, Merrill Lynch, Morgan Stanley, Société Générale

Hammerson Company Announcements

Holding(s) in Company 11-Jul-2008 14:53 RNS
Holding(s) in Company 03-Jul-2008 17:38 RNS
Total Voting Rights 02-Jul-2008 17:27 RNS

Hammerson ShareCast News

London close: Wall Street helps narrow deficit 16-Jul-2008 ShareCast
London afternoon: Stocks still in the red 16-Jul-2008 ShareCast
Broker tips: Antofagasta, Kingfisher, Rolls, Ham... 10-Jul-2008 ShareCast

Hammerson Top Newspaper Links

Hammerson vulnerable as Gulf's Aldar property gi... 07-Apr-2008 Times
£41m Ofgem fine for Grid 26-Feb-2008 Sun
Hammerson sells interest in One London Wall 26-Feb-2008 Guardian

Latest Hammerson Director Deals

Traded Action Notifier PriceAmountValue
27-Jun-08 Buy R John G Richards 875.30p 1,580 £13,829.74
16-Jun-08 Buy John Raymond Hirst 908.10p 3,108 £28,223.75
05-Jun-08 Buy David Edmonds 929.00p 4,000 £37,160.00

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Hammerson Market Data

Currency UK Pounds
Share Price 895.50p Price Up
Change Today +18.50p
52 Week High 1,336.00p
52 Week Low 828.50p
Volume 2,906,688
Shares Issued 289.38m
Market Cap £2,591.42m
Beta 1.17
RiskGrade 196

Hammerson Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
77.04% below the market average77.04% below the market average77.04% below the market average77.04% below the market average77.04% below the market average
94.77% below the sector average94.77% below the sector average94.77% below the sector average94.77% below the sector average94.77% below the sector average
Price Trend
5.73% below the market average5.73% below the market average5.73% below the market average5.73% below the market average5.73% below the market average
37.42% above the sector average37.42% above the sector average37.42% above the sector average37.42% above the sector average37.42% above the sector average
Income
56.81% below the market average56.81% below the market average56.81% below the market average56.81% below the market average56.81% below the market average
86.52% below the sector average86.52% below the sector average86.52% below the sector average86.52% below the sector average86.52% below the sector average
Growth
71.53% below the market average71.53% below the market average71.53% below the market average71.53% below the market average71.53% below the market average
61.24% below the sector average61.24% below the sector average61.24% below the sector average61.24% below the sector average61.24% below the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 5
Sell 1
Strong Sell 2
Total 13
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Hammerson Dividends

  Latest Previous
  Final Interim
Ex-Div 09-Apr-08 19-Sep-07
Paid 23-May-08 19-Oct-07
Amount 15.30p 12.00p

Trades for 18-Jul-2008

Time Volume / Share Price
17:10 14,213 @ 888.76p
16:38 16 @ 887.00p
16:35 320,519 @ 895.50p
16:29 194 @ 896.00p
16:29 960 @ 896.00p

Hammerson Key Personnel

Finance Director Simon R Melliss
CEO R John G Richards
Chair John Nelson

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4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).