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Unite Group

Current Price 926.50p Bid 926.00p Ask 927.00p Change -0.91%
Last Updated: 24/04/2024 12:22. Prices delayed by at least 15 minutes.
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Company Overview

Unite Students is the UK's largest owner, manager and developer of purpose-built student accommodation serving the country's world-leading Higher Education sector. Our people are driven by a common purpose: to provide a 'Home for Success' for the students who live with us and to be the most trusted brand in the sector. We do this through quality service, quality people and quality properties, all designed on the basis of an excellent insight into students' needs and preferences.

Financial Highlights Year Ended 31/12/2019

Revenue
£156.20m
Operating Profit/Loss
£96.60m
Dividend yield (%)
0.80
Total dividend for year
n/ap
Dividend cover
3.81
P/E Ratio
32.20

Key Personnel

Mr Joe Lister
Chief Financial Officer
Mr Michael Burt
Chief Financial Officer
Mr Angela Jain
Non-Executive Director
Mr Nicky Dulieu
Non-Executive Director
Mr Richard N L Huntingford
Non-Executive Director
Mr Ross Paterson
Non-Executive Director
Mr Tom Jackson
Non-Executive Director
Ms Dame Shirley Pearce DBE
Non-Executive Director
Ms Ilaria del Beato
Non-Executive Director
Professor Steve Smith
Non-Executive Director

Stock Details

EPIC
UTGL
ISIN
GB0006928617
Shares in Issue
221.94m
Market cap
£2,056.27m

Analyst Views (2)

Strong Buy
 
0%
Buy
 
50.00%
Hold
 
50.00%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
926.50p
Bid Price
926.00p
Ask Price
927.00p
Volume
56,386
Change Today
-8.50p
% Change Today
-0.91%
Open
934.50p
Previous Close
935.00p
Intraday High
934.50p
Intraday Low
921.00p
52 Week High
1,058.00p
52 Week Low
848.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Continuing Operations
Revenue
156.20
128.30
Operating Profit/Loss
96.60
64.50
Net Interest
-32.90
-13.50
Pre-Tax Profit
-101.20
245.80
Profit After Tax from continuing operations
-87.60
237.30
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
-87.60
237.30
Attributable to:
Equity Holders of Parent Company
-89.20
235.70
Minority Interests
1.60
1.60
Total Dividend Paid
n/ap
29.0000p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2019
31 Dec 2018
Basic
-31.50p
90.80p
Diluted
-31.40p
90.60p
Adjusted
39.10p
34.10p
Dividend per Share
n/ap
29.0000p

Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
5.50
n/a
Intangible Assets
n/a
n/a
Investment Properties
3,929.10
1,776.00
Investments
875.20
819.70
Other Financial Assets
n/a
n/a
Other Non-Current Assets
28.90
33.00
Current Assets
Inventories
4.00
9.10
Trade & Other Receivables
87.10
88.10
Cash at Bank & In Hand
86.90
123.60
Current Asset Investments
n/a
n/a
Other Current Assets
n/a
n/a
Other Assets
n/a
n/a
Total Assets
5,016.70
2,849.50

Liabilities

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
5.30
1.30
Other Current Liabilities
238.70
146.10
Total Current Liabilities
244.00
147.40
Non-Current Liabilities
Borrowings
1,667.10
591.30
Provisions
n/a
11.90
Other Non-Current Liabilities
7.60
0.10
Total Non-Current Liabilities
1,674.70
603.30
Other Liabilities
n/a
n/a
Total Liabilities
1,918.70
750.70

Net Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Net Assets
3,098.00
2,098.80

Capital & Reserves

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Share Capital
90.90
65.90
Share Premium Account
1,874.90
740.50
Other Reserves
36.70
42.20
Retained Earnings
1,069.00
1,224.40
Shareholders Funds
3,071.50
2,073.00
Minority Interests/Other Equity
26.50
25.80
Total Equity
3,098.00
2,098.80

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
18 Apr 2024
24 May 2024
23.60p
Interim
14 Sep 2023
27 Oct 2023
11.80p
Final
13 Apr 2023
26 May 2023
21.70p
Interim
15 Sep 2022
28 Oct 2022
11.00p
Final
14 Apr 2022
20 May 2022
15.60p
Interim
16 Sep 2021
29 Oct 2021
6.50p
Final
15 Apr 2021
21 May 2021
12.75p
Interim
19 Sep 2019
01 Nov 2019
10.25p
Final
11 Apr 2019
17 May 2019
19.50p
Interim
20 Sep 2018
02 Nov 2018
9.50p
Final
12 Apr 2018
18 May 2018
15.40p
Interim
05 Oct 2017
03 Nov 2017
7.30p
Final
20 Apr 2017
19 May 2017
12.00p
Interim
06 Oct 2016
04 Nov 2016
6.00p

Dividend Metrics

Year End Date
31 Dec 2019
31 Dec 2018
Dividend growth
-64.66%
27.75%
Dividend yield
0.80%
3.60%
Dividend cover
3.81
1.18


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