MJ Gleeson PLC Plans Dividend of GBX 12 (LON:GLE)

MJ Gleeson PLC (LON:GLE) declared a dividend on Thursday, February 13th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, March 5th will be given a dividend of GBX 12 ($0.16) per share on Friday, April 3rd. This represents a dividend yield of 1.22%. The ex-dividend date of this dividend is Thursday, March 5th. The official announcement can be accessed at this link.

Shares of MJ Gleeson stock traded down GBX 13.63 ($0.18) during trading hours on Friday, reaching GBX 968.37 ($12.74). 9,406 shares of the company’s stock were exchanged, compared to its average volume of 96,029. The company has a 50 day moving average of GBX 952.48 and a two-hundred day moving average of GBX 857.43. MJ Gleeson has a fifty-two week low of GBX 690 ($9.08) and a fifty-two week high of GBX 1,010 ($13.29). The stock has a market cap of $535.87 million and a P/E ratio of 16.19.

MJ Gleeson (LON:GLE) last issued its earnings results on Thursday, February 13th. The company reported GBX 19.91 ($0.26) earnings per share (EPS) for the quarter. Equities analysts predict that MJ Gleeson will post 4933.0003805 earnings per share for the current year.

In other MJ Gleeson news, insider Stefan Allanson sold 13,398 shares of the stock in a transaction dated Friday, December 20th. The shares were sold at an average price of GBX 939 ($12.35), for a total value of £125,807.22 ($165,492.27).

A number of equities research analysts have recently issued reports on the stock. Berenberg Bank upped their target price on shares of MJ Gleeson from GBX 920 ($12.10) to GBX 1,160 ($15.26) and gave the company a “buy” rating in a report on Thursday, January 9th. Liberum Capital reissued a “buy” rating on shares of MJ Gleeson in a report on Thursday. Canaccord Genuity increased their price target on shares of MJ Gleeson from GBX 870 ($11.44) to GBX 920 ($12.10) and gave the company a “hold” rating in a report on Tuesday, January 7th. Finally, Peel Hunt reissued a “hold” rating on shares of MJ Gleeson in a report on Monday. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 970 ($12.76).

MJ Gleeson Company Profile

MJ Gleeson plc engages in urban housing regeneration and strategic land trading activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Strategic Land. It engages in house building activities on brownfield land in the north of England; and strategic land trading primarily in the south of England.

Recommended Story: What is the market perform rating?

Dividend History for MJ Gleeson (LON:GLE)

Receive News & Ratings for MJ Gleeson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MJ Gleeson and related companies with MarketBeat.com's FREE daily email newsletter.