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Unite Group

Current Price 523.50p Bid 522.50p Ask 524.50p Change 1.45%
Last Updated: 05/12/2025 09:01. 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 31/12/2024

Revenue
£299.30m
Operating Profit/Loss
£343.10m
Dividend yield (%)
4.60
Total dividend for year
n/ap
Dividend cover
1.25
P/E Ratio
17.40

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
£1,161.85m

Analyst Views (3)

Strong Buy
 
0%
Buy
 
66.67%
Hold
 
33.33%
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
523.50p
Bid Price
522.50p
Ask Price
524.50p
Volume
47,627
Change Today
7.50p
% Change Today
1.45%
Open
516.50p
Previous Close
516.00p
Intraday High
525.00p
Intraday Low
512.50p
52 Week High
879.50p
52 Week Low
512.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2024
31 Dec 2023
 
£ (M)
£ (M)
Continuing Operations
Revenue
299.30
276.10
Operating Profit/Loss
343.10
118.90
Net Interest
-15.00
-43.40
Pre-Tax Profit
444.00
102.50
Profit After Tax from continuing operations
441.80
103.60
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
441.80
103.60
Attributable to:
Equity Holders of Parent Company
441.90
102.50
Minority Interests
-0.10
1.10
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2024
31 Dec 2023
Basic
96.30p
102.50p
Diluted
96.10p
24.60p
Adjusted
46.60p
44.30p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Dec 2024
31 Dec 2023
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
4.70
1.70
Intangible Assets
n/a
n/a
Investment Properties
4,548.70
3,953.70
Investments
1,265.00
1,219.00
Other Financial Assets
n/a
n/a
Other Non-Current Assets
69.00
74.30
Current Assets
Inventories
13.60
26.20
Trade & Other Receivables
144.60
132.80
Cash at Bank & In Hand
274.30
37.50
Current Asset Investments
n/a
n/a
Other Current Assets
7.40
n/a
Other Assets
92.60
25.70
Total Assets
6,419.90
5,470.90

Liabilities

Year End Date
31 Dec 2024
31 Dec 2023
 
£ (M)
£ (M)
Current Liabilities
Borrowings
6.00
304.80
Other Current Liabilities
261.80
212.40
Total Current Liabilities
267.80
517.20
Non-Current Liabilities
Borrowings
1,340.60
860.60
Provisions
n/a
n/a
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
1,340.60
860.60
Other Liabilities
n/a
n/a
Total Liabilities
1,608.40
1,377.80

Net Assets

Year End Date
31 Dec 2024
31 Dec 2023
 
£ (M)
£ (M)
Net Assets
4,811.50
4,093.10

Capital & Reserves

Year End Date
31 Dec 2024
31 Dec 2023
 
£ (M)
£ (M)
Share Capital
122.20
109.40
Share Premium Account
2,876.90
2,447.60
Other Reserves
41.60
44.00
Retained Earnings
1,770.80
1,466.00
Shareholders Funds
4,811.50
4,067.00
Minority Interests/Other Equity
n/a
26.10
Total Equity
4,811.50
4,093.10

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
18 Sep 2025
31 Oct 2025
12.80p
Final
21 Apr 2025
30 May 2025
24.90p
Final
17 Apr 2025
30 May 2025
24.90p
Interim
19 Sep 2024
01 Nov 2024
12.40p
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 2024
31 Dec 2023
Dividend growth
5.37%
8.26%
Dividend yield
4.60%
3.40%
Dividend cover
1.25
1.25


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