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Empiric Student Property

Current Price 83.65p Bid 83.80p Ask 84.00p Change 1.33%
Last Updated: 23/02/2018 20:22. Prices delayed by at least 15 minutes.
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Company Overview

Empiric Student Property plc is a leading provider and operator of modern, direct-let, nominated or leased student accommodation across the UK. Investing in both operating and development assets, Empiric is a multi-niche student property company focused on, (i) providing good quality first year accommodation managed through its Hello Student operating platform in partnership with universities, (ii) offering a variety of second and third year purpose built accommodation options for individual students and those wanting a group living environment, and (iii) continuing to expand the Group's existing premium, studio-led accommodation portfolio which is attractive to international and postgraduate students.

Financial Highlights Year Ended 30/06/2016

Turnover
£21.60m
Operating Profit
£29.97m
Dividend Yield
0.00
Dividend Per Share
6.00
Dividend Cover
1.22
P/E Ratio
11.45

Key Personnel

Timothy Laurence Attlee
Chief Investment Officer
Baroness Brenda Dean of Thornton-le-Fylde
Non-Executive Chairman
Charles Stephen Alston
Non-Executive Director
Aubyn James Sugden Prower
Non-Executive Director
Stuart Robert Hartley Beevor
Non-Executive Director
Lynne Fennah
Non-Executive Director

Stock Details

EPIC
ESP
ISIN
GB00BLWDVR75
Shares in Issue
602,887,740
Market cap
£503.41m

Analyst Views (2)

Strong Buy
 
50.00%
Buy
 
0.00%
Hold
 
50.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
84.00p
Bid Price
83.80p
Ask Price
84.00p
Volume
879854
Change Today
1.10p
% Change Today
1.33%
Open
85.00p
Previous Close
84.00p
Intraday High
85.00p
Intraday Low
82.90p
52 Week High
116.00p
52 Week Low
82.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Empiric Student Property Intra-day Chart

Empiric Student Property News

News in this section is provided by MoneyAM

Empiric acquires 240 bed student accommodation in Southampton for £10.6m 12 Feb 2018 | 08:58 Empiric acquires property in Edinburgh 22 Dec 2017 | 07:46 Empiric to tackle 'operational inefficiencies' 23 Nov 2017 | 07:26 Empiric agrees new £70m revolving credit 20 Nov 2017 | 07:10 Empiric schedules trading update 07 Nov 2017 | 09:56 Empiric to sell student accommodation development site 17 Oct 2017 | 07:24 Empiric options exercised 04 Oct 2017 | 09:16 Broker Forecast - Numis issues a broker note on Empiric Student Property Plc 15 Sep 2017 | 15:30 Director Deals - Empiric Student Property Plc (ESP) 15 Sep 2017 | 09:00 Empiric optimistic about prospects 12 Sep 2017 | 08:00 FLASH: Empiric revenues rise 12 Sep 2017 | 07:11 Director Deals - Empiric Student Property Plc (ESP) 17 Aug 2017 | 15:05 Director Deals - Empiric Student Property Plc (ESP) 17 Aug 2017 | 15:05 Empiric acquires forward funded scheme in Edinburgh 14 Aug 2017 | 07:57 FLASH: Empiric acquires forward funded scheme in Edinburgh 14 Aug 2017 | 07:07 Director Deals - Empiric Student Property Plc (ESP) 11 Aug 2017 | 09:00 Director Deals - Empiric Student Property Plc (ESP) 11 Aug 2017 | 09:00 Empiric acquires development site in Bristol 07 Aug 2017 | 07:47 FLASH: Empiric acquires development site in Bristol 07 Aug 2017 | 07:06 Empiric to acquire student accommodation in Liverpool 03 Aug 2017 | 07:54 FLASH: Empiric to acquire student accommodation scheme in Liverpool 03 Aug 2017 | 07:11 Empiric Student Property resolutions passed at GM 21 Jul 2017 | 13:03 Empiric appoints CFO 24 Apr 2017 | 07:48 FLASH: Empiric appoints CFO 24 Apr 2017 | 07:08 Empiric portfolio valuation up 37.7% 10 Apr 2017 | 07:46 FLASH: Empiric portfolio valuation up 10 Apr 2017 | 07:09 Empiric acquires Revcap interest in JV asset 31 Mar 2017 | 08:03 FLASH: Empiric acquires Revcap interest in JV asset 31 Mar 2017 | 07:07 Empiric schedules interims 15 Mar 2017 | 09:57 Empiric appoints interim head of finance 15 Mar 2017 | 09:37

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
30 Jun 2016
30 Jun 2015
Tangible Assets
0.3
0.1
Intangible Assets & Goodwill
0.7
0.0
Investments & Other Non-Current Assets
518.4
248.4
Total Non-Current Assets
519.4
248.5
Inventory
0.0
0.0
Trade & Receivables
18.7
4.2
Cash & Receivables
163.9
78.8
Other Current Assets & Assets Held for Resale
0.0
0.0
Total Assets
702.1
331.4

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
30 Jun 2016
30 Jun 2015
Short Term Liabilities
29.1
7.2
Long Term Liabilities
144.9
83.9
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
174.0
91.0

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
30 Jun 2016
30 Jun 2015
Net Assets
528.1
240.4

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
30 Jun 2016
30 Jun 2015
Share Capital
5.0
2.3
Minority Interests
0.0
0.0
Retained Earnings
43.4
14.6
Share Premium Account
360.0
82.3
Other Equity
119.8
141.2
Total Equity
528.1
240.4

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
30 Jun 2016
30 Jun 2015
Cashflow from Operating Activities
7.4
3.7
Cashflow Before Financing
-229.8
-211.6
Increase / Decrease in Cash
85.1
78.8

Income (£m)

Data has been provided by MoneyAM

Reporting Date
30 Jun 2016
30 Jun 2015
Turnover
21.6
8.3
Cost of Sales
6.1
2.2
Gross Profit
15.5
6.1
Operating Profit
30.0
12.6
Pre-Tax Profit
28.1
14.2
Profit / Loss for the Year
28.1
14.2

Dividend History

Data has been provided by MoneyAM

Period
Ex-Dividend Date
Payment Date
Q1 Dividend
30 Nov 2017
15 Dec 2017
H2 Dividend
20 Jul 2017
01 Aug 2017
Q3 Dividend
18 May 2017
31 May 2017
H1 Dividend
19 Jan 2017
08 Feb 2017
Q1 Dividend
27 Oct 2016
10 Nov 2016
H2 Dividend
04 Aug 2016
17 Aug 2016
Q3 Dividend
09 Jun 2016
23 Jun 2016
H1 Dividend
10 Mar 2016
23 Mar 2016
Q1 Dividend
15 Oct 2015
04 Nov 2015
H2 Dividend
16 Jul 2015
04 Aug 2015
Q3 Dividend
04 Jun 2015
25 Jun 2015
H1 Dividend
05 Mar 2015
20 Mar 2015
Q1 Dividend
06 Nov 2014
28 Nov 2014
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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