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Picton Property Income (GB:PCTN)
LSE:PCTN
RESEARCH TOOLSreports
PCTN Stock Chart & Stats
Day’s Range― - ―
52-Week Range59.54p - 77.40p
Previous CloseN/A
Volume36.78K
Average Volume (3M)1.38M
Market Cap
$385.66M
Enterprise Value590.53M
Total Cash (Recent Filing)£19.77M
Total Debt (Recent Filing)£228.82M
Price to Earnings (P/E)48.7
Beta1.03
Next Earnings
May 22, 2025EPS EstimateN/A
Last Dividend Ex-Date
Feb 06, 2025Dividend Yield4.77%
Share Statistics
EPS (TTM)0.01
Shares Outstanding534,889,200
10 Day Avg. Volume1,242,592
30 Day Avg. Volume1,379,540
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)10.87
Price to Cash Flow (P/CF)15.70
P/FCF Ratio11.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$74.75Price Target Upside2.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
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Picton Property Income News
PremiumCompany Announcements
Picton Property Income Reduces Share Capital with Recent Buyback
PremiumCompany Announcements
Picton Property Income Repurchases Shares to Optimize Capital StructurePremiumCompany Announcements
Picton Property Income Reduces Share Count with Recent Buyback
PremiumCompany Announcements
Picton Property Income Reduces Share Count with Recent Buyback
PremiumCompany Announcements
Picton Property Income Repurchases 200,000 Shares
PremiumCompany Announcements
Picton Property Income Cancels 165,000 Shares in Strategic MovePremiumCompany Announcements
Picton Property Income Executes Share Buyback to Optimize Capital StructurePremiumCompany Announcements
Picton Property Income Reduces Share Count with Recent Buyback---
Bulls Say, Bears Say
Bulls Say
Earnings GrowthPicton's interim results show particularly strong earnings growth, up 11.6% compared to the same period last year, driven by income growth and reduced financed costs.
Property SalesPicton has completed the sale of Longcross, Cardiff, for £8.4m, in line with the December valuation, but a 21% premium to the March 2024 book valuation.
Valuation And PerformancePicton's property portfolio continues to exceed the MSCI UK Monthly All Property Index, which showed capital growth of 1.2% over the quarter, such that the company is on course for its 11th consecutive year of outperformance.
Bears Say
Market ComparisonPicton's shares are trading at a 27% discount to the end-September NTA announced today, slightly better than the diversified large caps British Land and LandSec, which are trading at a 33% discount.
Share Trading DiscountDespite the company's portfolio comprising 62% of Industrial/Logistics assets, the shares are trading at a 38% discount to NAV, which we think constitutes a value opportunity, hence our Buy rating.
Vacancy RatesOperationally, the company has performed well, with the disposal of the partially vacant Office asset set to reduce vacancy to just 6%.
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Options Prices
Currently, No data available
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Ownership Overview
0.35% Insiders
3.55%
Mutual Funds
― Other Institutional Investors
92.58% Public Companies and
Individual Investors
PCTN FAQ
What was Picton Property Income’s price range in the past 12 months?
Picton Property Income lowest share price was 59.54p and its highest was 77.40p in the past 12 months.
What is Picton Property Income’s market cap?
Picton Property Income’s market cap is $385.66M.
When is Picton Property Income’s upcoming earnings report date?
Picton Property Income’s upcoming earnings report date is May 22, 2025 which is in 29 days.
How were Picton Property Income’s earnings last quarter?
Picton Property Income released its earnings results on Nov 12, 2024. The company reported 0.021p earnings per share for the quarter, beating the consensus estimate of N/A by 0.021p.
Is Picton Property Income overvalued?
According to Wall Street analysts Picton Property Income’s price is currently Undervalued.
Does Picton Property Income pay dividends?
Picton Property Income pays a Annually dividend of 0.925p which represents an annual dividend yield of 4.77%. See more information on Picton Property Income dividends here
What is Picton Property Income’s EPS estimate?
Picton Property Income’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Picton Property Income have?
Picton Property Income has 534,889,200 shares outstanding.
What happened to Picton Property Income’s price movement after its last earnings report?
Picton Property Income reported an EPS of 0.021p in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.424%.
Which hedge fund is a major shareholder of Picton Property Income?
Currently, no hedge funds are holding shares in GB:PCTN
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Company Description
Picton Property Income
Picton Property Income Ltd is a UK Real Estate Investment Trust which invests in commercial property across the United Kingdom. It owns a property portfolio consisting of assets invested across the main commercial property sectors: Industrial, Office, Retail and Leisure. The portfolio is invested in the industrial and office sectors and is biased towards London and the South East. Some of the properties include Parkbury Industrial Estate, River Way Industrial Estate, Angel Gate, Stanford House, Tower Wharf and others.
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PCTN Stock 12 Month Forecast
Average Price Target
74.75p
▲(2.68% Upside)
Technical Analysis
British Land Company plc
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Custodian REIT
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Derwent London plc REIT
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Land Securities Group plc REIT
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Schroder Real Estate ate ate Investment
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Best Analysts Covering PCTN
1 Year
1 Year Success Rate
8/9 ratings generated profit
1 Year Average Return
+11.68%
reiterated a buy rating 24 days ago
Copying John Cahill's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +11.68% per trade.
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