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Unite Group

Current Price 860.50p Bid 860.00p Ask 860.50p Change 0.06%
Last Updated: 18/11/2018 02:23. Prices delayed by at least 15 minutes.
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Company Overview

Unite Group plc is the UK's largest and most established manager and developer of purpose-built student accommodation. It provides a home for around 50,000 students, in more than 140 properties, across 28 leading university cities in England and Scotland. Unite works in partnership with more than 60 Higher Education institutions and also lets rooms directly to students. Unite's purpose is to provide a home to its culturally diverse customers, offering them a strong foundation for academic and personal success. The accommodation is high quality, safe and close to university campuses, transport links and local amenities. Students live in ensuite study bedrooms with rents covering all bills, insurance, 24-hour security, fortnightly cleaning of communal kitchens and bathrooms and high-speed Wi-Fi.

Financial Highlights Year Ended 31/12/2017

Turnover
£119.30m
Operating Profit
£155.00m
Dividend Yield
2.90
Dividend Per Share
22.70
Dividend Cover
3.83
P/E Ratio
9.02

Key Personnel

Richard Sauvan Smith
Chief Executive Officer
Joseph Julian Lister
Chief Financial Officer
Philip Michael White
Non-Executive Chairman
Richard John Akers
Non-Executive Director
Ilaria Jane del Beato
Non-Executive Director
Andrew Marc Jones
Non-Executive Director
Elizabeth McMeikan
Non-Executive Director
Ross John Paterson
Non-Executive Director
Sir Robert James Timothy Wilson
Non-Executive Director

Stock Details

EPIC
UTG
ISIN
GB0006928617
Shares in Issue
263,471,179
Market cap
£2,264.54m

Analyst Views (3)

Strong Buy
 
66.67%
Buy
 
0.00%
Hold
 
33.33%
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
860.00p
Bid Price
860.00p
Ask Price
860.50p
Volume
540711
Change Today
0.50p
% Change Today
0.06%
Open
855.00p
Previous Close
860.00p
Intraday High
865.00p
Intraday Low
847.00p
52 Week High
919.50p
52 Week Low
702.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Unite Group Intra-day Chart

Unite Group News

News in this section is provided by MoneyAM

Broker Forecast - Peel Hunt issues a broker note on Unite Group PLC 18 Oct 2018 | 08:10 Unite Group rental growth tracking in line with 3.0%-to-3.5% target 09 Oct 2018 | 07:17 Unite Group portfolio valuations rise in September quarter 08 Oct 2018 | 07:19 Director Deals - Unite Group PLC (UTG) 14 Sep 2018 | 14:45 Director Deals - Unite Group PLC (UTG) 14 Sep 2018 | 14:45 FTSE flat as upbeat UK data and improved Brexit outlook lifts sterling 10 Sep 2018 | 16:43 Rising banks boost FTSE 10 Sep 2018 | 12:02 Broker Forecast - Numis issues a broker note on Unite Group PLC 25 Jul 2018 | 12:50 Unite Group profit up 70% on higher student rental income 24 Jul 2018 | 07:20 Unite Group accommodation fund value up 1.2% in first quarter 09 Jul 2018 | 07:17 Unite Students gets planning approval to develop student accommodation in Leeds 07 Jun 2018 | 08:06 Director Deals - Unite Group PLC (UTG) 11 Apr 2018 | 15:15 Director Deals - Unite Group PLC (UTG) 11 Apr 2018 | 15:10 Director Deals - Unite Group PLC (UTG) 11 Apr 2018 | 15:10 Broker Forecast - Peel Hunt issues a broker note on Unite Group PLC 10 Apr 2018 | 10:20 Director Deals - Unite Group PLC (UTG) 29 Mar 2018 | 12:30 Director Deals - Unite Group PLC (UTG) 15 Mar 2018 | 15:15 Broker Forecast - Morgan Stanley issues a broker note on Unite Group PLC 13 Mar 2018 | 09:10 Broker Forecast - JP Morgan Cazenove issues a broker note on Unite Group PLC 07 Mar 2018 | 09:30 Director Deals - Unite Group PLC (UTG) 01 Mar 2018 | 16:15 Broker Forecast - Peel Hunt issues a broker note on Unite Group PLC 27 Feb 2018 | 08:00 Director Deals - Unite Group PLC (UTG) 23 Feb 2018 | 12:20 Director Deals - Unite Group PLC (UTG) 23 Feb 2018 | 12:20 Director Deals - Unite Group PLC (UTG) 23 Feb 2018 | 12:20 Director Deals - Unite Group PLC (UTG) 23 Feb 2018 | 12:20 Director Deals - Unite Group PLC (UTG) 23 Feb 2018 | 12:20 Director Deals - Unite Group PLC (UTG) 23 Feb 2018 | 12:20 Director Deals - Unite Group PLC (UTG) 23 Feb 2018 | 12:10 Broker Forecast - Numis issues a broker note on Unite Group PLC 23 Feb 2018 | 11:30 Unite Group launches £170m placement to fund student accommodation projects 21 Feb 2018 | 07:11

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Tangible Assets
0.0
0.0
Intangible Assets & Goodwill
0.0
0.0
Investments & Other Non-Current Assets
2,293.0
1,968.9
Total Non-Current Assets
2,293.0
1,968.9
Inventory
4.5
2.9
Trade & Receivables
82.9
77.9
Cash & Receivables
51.2
42.7
Other Current Assets & Assets Held for Resale
0.0
0.0
Total Assets
2,431.6
2,092.4

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Short Term Liabilities
157.5
127.4
Long Term Liabilities
519.9
489.5
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
677.4
616.9

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Net Assets
1,754.2
1,475.5

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Share Capital
60.2
55.5
Minority Interests
25.2
23.9
Retained Earnings
1,051.2
867.9
Share Premium Account
579.5
493.6
Other Equity
38.1
34.6
Total Equity
1,754.2
1,475.5

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Cashflow from Operating Activities
58.4
70.3
Cashflow Before Financing
-32.6
83.4
Increase / Decrease in Cash
8.5
15.7

Income (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Turnover
119.3
120.7
Cost of Sales
41.1
44.9
Gross Profit
78.2
75.8
Operating Profit
155.0
128.4
Pre-Tax Profit
229.4
201.4
Profit / Loss for the Year
223.8
226.4

Dividend History

Data has been provided by MoneyAM

Period
Ex-Dividend Date
Payment Date
H1 Dividend
20 Sep 2018
02 Nov 2018
H2 Dividend
12 Apr 2018
18 May 2018
H1 Dividend
05 Oct 2017
03 Nov 2017
H2 Dividend
20 Apr 2017
19 May 2017
H1 Dividend
06 Oct 2016
04 Nov 2016
H2 Dividend
21 Apr 2016
20 May 2016
H1 Dividend
08 Oct 2015
06 Nov 2015
H2 Dividend
23 Apr 2015
19 May 2015
H1 Dividend
08 Oct 2014
07 Nov 2014
H2 Dividend
09 Apr 2014
19 May 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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