MCS.L - McCarthy & Stone plc

LSE - LSE Delayed price. Currency in GBp
139.90
+1.20 (+0.87%)
As of 8:22AM BST. Market open.
Stock chart is not supported by your current browser
Previous close138.70
Open137.10
Bid139.70 x 0
Ask139.90 x 0
Day's range137.10 - 141.31
52-week range103.10 - 145.60
Volume3,616
Avg. volume861,902
Market cap751.723M
Beta (3Y monthly)0.19
PE ratio (TTM)18.41
EPS (TTM)7.60
Earnings date12 Nov 2018 - 16 Nov 2018
Forward dividend & yield0.05 (3.82%)
Ex-dividend date2019-05-02
1y target est131.00
  • Deutsche Bank Keeping Its U.K. Broking Mandates
    Bloomberg9 days ago

    Deutsche Bank Keeping Its U.K. Broking Mandates

    (Bloomberg) -- Some of Deutsche Bank AG’s corporate broking clients are sticking around so far, even as the lender prepares to shut its global equities business.McCarthy & Stone Plc, Travis Perkins Plc and Carpetright Plc all say they’re staying put. They’re among 27 major London-listed companies that have Deutsche Bank as their corporate broker.In a British peculiarity, publicly traded companies are required to retain corporate brokers to act as intermediaries to the equity markets, providing insight on who is buying and selling their shares. Brokers will often lead any sales of new stock should a company wish to raise funds, making the relationships particularly lucrative.While many other clients declined to comment, some of their staff, requesting anonymity, indicated their firms were unlikely to drop Deutsche Bank after its historic retrenchment, and none suggested their company appeared ready to look for new representation.Several firms said they had been assured by Deutsche Bank that their normal broking service would not be interrupted, even as the bank fires thousands of employees across the world, including hundreds of London-based equities staff.Deutsche Bank is a corporate broker to these firms:*Aston Martin Lagonda Global Holdings Plc -- luxury cars *Barclays Plc -- financial services *Barratt Developments Plc -- residential property*GVC Holdings Plc -- gambling *International Consolidated Airlines Group SA -- parent of BA*Rio Tinto Plc -- metals and mining*United Utilities -- U.K.’s largest listed water companyThree of the biggest broking clients are defense contractor BAE Systems Plc, cigarette maker British American Tobacco Plc, and Anglo-Dutch consumer-goods producer Unilever Plc. BAE declined to comment, while BAT and Unilever didn’t immediately respond to requests for comment.The cuts to Deutsche Bank’s equities business are less significant for corporate broking than they would have been before the growth of electronic trading. With much of the market now automated, the need to have equity sales and trading staff feeding market intelligence to the corporate broking team has diminished.“Deutsche have a strong team and we rate them very highly,” said Justin Griffiths, a spokesman for McCarthy & Stone, a retirement-home builder, which has employed the bank as its broker ever since its 2015 stock market listing.Travis Perkins, a retailer of home construction supplies, said in an emailed statement that it has no plans to review its broker relationship.“They remain committed to broking and focused on the corporate advisory business that supports us,” the company said. “We consistently monitor and review the performance of all of our advisers, and our relationship with Deutsche Bank is no different.”Carpetright is happy to maintain its current relationship with Deutsche Bank, a spokesman for the flooring retailer said.A spokeswoman for Deutsche Bank declined to comment.To contact the reporters on this story: Harry Wilson in London at hwilson57@bloomberg.net;Donal Griffin in London at dgriffin10@bloomberg.netTo contact the editors responsible for this story: Ambereen Choudhury at achoudhury@bloomberg.net, Keith Campbell, Marion DakersFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • How Do McCarthy & Stone plc’s (LON:MCS) Returns Compare To Its Industry?
    Simply Wall St.15 days ago

    How Do McCarthy & Stone plc’s (LON:MCS) Returns Compare To Its Industry?

    Today we'll look at McCarthy & Stone plc (LON:MCS) and reflect on its potential as an investment. To be precise, we'll...

  • Consider This Before Buying McCarthy & Stone plc (LON:MCS) For The 4.2% Dividend
    Simply Wall St.2 months ago

    Consider This Before Buying McCarthy & Stone plc (LON:MCS) For The 4.2% Dividend

    Could McCarthy & Stone plc (LON:MCS) be an attractive dividend share to own for the long haul? Investors are often...

  • Reuters - UK Focus3 months ago

    Ex-divs to take 4.45 points off FTSE 100 on May 2

    The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...

  • Is McCarthy & Stone plc (LON:MCS) Trading At A 20% Discount?
    Simply Wall St.3 months ago

    Is McCarthy & Stone plc (LON:MCS) Trading At A 20% Discount?

    Does the April share price for McCarthy & Stone plc (LON:MCS) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by estimating the company's future cash flows and discounting them to their present v...

  • Reuters - UK Focus3 months ago

    BUZZ-McCarthy & Stone: Falls as costs weigh on H1 profit

    ** Shares of Britain's biggest builder of homes for retirees McCarthy & Stone down 2 pct after co posts a fall in its H1 profit due to higher costs ** Co reports 66 percent drop in pretax profit for H1 ...

  • Reuters3 months ago

    McCarthy & Stone first-half profit falls on higher costs

    Since April last year, the company that buys land and then builds, sells and manages retirement houses and flats, has been undergoing a strategic review, led by Chairman Paul Lester. Its operating margin for the six months ended Feb.28 also fell to 2.1 percent from 5.6 percent a year earlier. The first-half pretax profit of Britain's biggest builder of homes for retirees fell to 3.6 million pounds from 10.5 million pounds last year, but underlying profit rose by 64 percent.

  • Reuters - UK Focus4 months ago

    BUZZ-Brexit bets boost UK housebuilders as HSBC also pushes sector

    ** Housebuilders Taylor Wimpey, Barratt Development , Persimmon rise 1.6 to 2.6 pct, among top FTSE 100 gainers ** Traders say parliament's vote late Monday to seize control of Brexit process helps sector ...

  • Why McCarthy & Stone plc’s (LON:MCS) High P/E Ratio Isn’t Necessarily A Bad Thing
    Simply Wall St.4 months ago

    Why McCarthy & Stone plc’s (LON:MCS) High P/E Ratio Isn’t Necessarily A Bad Thing

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll show how you can use McCarthy & Stone plc's (LON:MCS)Read More...

  • Reuters5 months ago

    Investors grab Brexit bargains among UK housebuilders

    Daring investors are dipping their toes back into UK housebuilders, attracted by high dividend yields and low valuations even though they are seen as among the most vulnerable sectors in the event of a messy Brexit. As Britain's exit from the EU remains shrouded in fog, housebuilders have been top targets for short sellers betting on a fall in the shares, but recent data shows short positions have fallen and some investors are buying back in. To those investors, Brexit fears and the perceived risk to housebuilders also give the potential for strong rallies.

  • Will McCarthy & Stone plc’s (LON:MCS) Earnings Grow In The Years Ahead?
    Simply Wall St.5 months ago

    Will McCarthy & Stone plc’s (LON:MCS) Earnings Grow In The Years Ahead?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In August 2018, McCarthy & Stone plcRead More...

  • Reuters - UK Focus7 months ago

    Ex-divs to take 0.7 points off FTSE 100 on Jan 3

    The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...

  • Can McCarthy & Stone plc (LON:MCS) Improve Its Returns?
    Simply Wall St.7 months ago

    Can McCarthy & Stone plc (LON:MCS) Improve Its Returns?

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...

  • Reuters - UK Focus7 months ago

    LIVE MARKETS-What's on investors' minds, aside from the end of QE?

    * Europe sees choppy session as rally fizzles out * ECB formally ends QE * May seeks Brexit help at Brussels summit * G4S shoots up after saying it may list cash business * German retailer Metro tumbles ...

  • Reuters - UK Focus7 months ago

    LIVE MARKETS-No reaction to historic ECB move, but for the record here's the statement

    * Europe sees choppy session as rally fizzles out * ECB formally ends QE * May seeks Brexit help at Brussels summit * G4S shoots up after saying it may list cash business * German retailer Metro tumbles ...

  • Reuters - UK Focus7 months ago

    LIVE MARKETS-Long STOXX 600? This could cheer you up!

    * Choppy session * Early rally fizzles out * May survives confidence vote but divorce deal still teetering * ECB meeting in focus * G4S shoots up after saying it may list cash business * German retailer ...

  • Reuters - UK Focus7 months ago

    LIVE MARKETS-Still wanna play "Brexit football"? Try UK housebuilders

    * STOXX 600 and FTSE 100 down * Early rally fizzles out fast * May survives confidence vote but divorce deal still teetering * ECB meeting in focus * G4S shoots up after saying it may list cash business ...

  • Reuters7 months ago

    Hiscox and Spirax-Sarco to join FTSE 100, Just Eat and Royal Mail out

    LONDON (Reuters) - Insurance group Hiscox (HSX.L) and Spirax-Sarco Engineering (SPX.L) will be joining Britain's top share FTSE 100 (.FTSE) index as a result of this month's quarterly review, FTSE Russell ...

  • Reuters7 months ago

    Aston Martin set for promotion to FTSE 250 just months after IPO

    LONDON (Reuters) - Aston Martin Lagonda Global Holdings (AML.L) is likely to be promoted to the FTSE 250 index two months after its IPO, along with six other stocks, as part of the FTSE Russell's quarterly ...

  • Is McCarthy & Stone plc (LON:MCS) An Attractive Dividend Stock?
    Simply Wall St.8 months ago

    Is McCarthy & Stone plc (LON:MCS) An Attractive Dividend Stock?

    Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. McCarthy & Stone plc (LON:MCS) has recently paid Read More...

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