RMG.L - Royal Mail plc

LSE - LSE Delayed price. Currency in GBp
178.40
-4.10 (-2.25%)
At close: 4:35PM GMT
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Previous close182.50
Open181.15
Bid178.45 x 0
Ask178.60 x 0
Day's range177.55 - 182.46
52-week range168.05 - 288.60
Volume3,813,402
Avg. volume5,024,619
Market cap1.686B
Beta (5Y monthly)0.76
PE ratio (TTM)5.52
EPS (TTM)32.30
Earnings date21 May 2020
Forward dividend & yield0.24 (13.69%)
Ex-dividend date05 Dec 2019
1y target est321.59
  • Workers from Royal Mail's largest UK union could strike next month
    Reuters

    Workers from Royal Mail's largest UK union could strike next month

    Hopes for a settlement grew on Thursday when Royal Mail proposed a 6% pay rise as part of a three-year deal with the Communication Workers Union (CWU). Shares in the FTSE 250 firm traded 1.2% lower at 180.3 pence by 0955 GMT and remain well below the 330 pence price at which they listed in 2013.

  • The Royal Mail share price is down 34% in 12 months. Here’s what I’d do now
    Fool.co.uk

    The Royal Mail share price is down 34% in 12 months. Here’s what I’d do now

    Jabran Khan looks at the recent troubles of the FTSE 250 incumbent and considers action to take.The post The Royal Mail share price is down 34% in 12 months. Here’s what I’d do now appeared first on The Motley Fool UK.

  • 3 things I think could boost the Royal Mail share price in 2020
    Fool.co.uk

    3 things I think could boost the Royal Mail share price in 2020

    Royal Mail (LON: RMG) shares have lost a third of their value in 12 months. Can 2020 turn things round?The post 3 things I think could boost the Royal Mail share price in 2020 appeared first on The Motley Fool UK.

  • Royal Mail proposes higher pay deal to appease largest union
    Reuters

    Royal Mail proposes higher pay deal to appease largest union

    Shares in the company had climbed 5% by 1525 GMT after it said the new deal brings the total pay increase to more than 16% between April 2018 and March 2023, the five-year period covered under its initial agreement with the CWU. The company had been hampered by the threat of strike action over the Christmas period, and this month said the CWU was preparing for another strike ballot.

  • Will the Royal Mail share price keep dropping like a stone?
    Fool.co.uk

    Will the Royal Mail share price keep dropping like a stone?

    Andy Ross looks at the prospects for troubled postal operator Royal Mail (LON: RMG) and whether the price fall is an opportunity or a value trap.The post Will the Royal Mail share price keep dropping like a stone? appeared first on The Motley Fool UK.

  • Is a turnaround warning a harbinger of things to come for Royal Mail shares?
    Fool.co.uk

    Is a turnaround warning a harbinger of things to come for Royal Mail shares?

    Its share price hit an all-time low this month, and I don’t see any signs of improvement to come for Royal Mail.The post Is a turnaround warning a harbinger of things to come for Royal Mail shares? appeared first on The Motley Fool UK.

  • My 3 reasons why the Royal Mail share price could rally in 2020
    Fool.co.uk

    My 3 reasons why the Royal Mail share price could rally in 2020

    Is the doom and gloom surrounding the Royal Mail share price really justified? Jonathan Smith takes a look.The post My 3 reasons why the Royal Mail share price could rally in 2020 appeared first on The Motley Fool UK.

  • Could the Royal Mail share price double your money?
    Fool.co.uk

    Could the Royal Mail share price double your money?

    Recent CEO share buying at Royal Mail plc (LON: RMG) suggests that the boss is confident of a recovery.The post Could the Royal Mail share price double your money? appeared first on The Motley Fool UK.

  • Royal Mail shares are near all-time lows. Here’s what I’d do now
    Fool.co.uk

    Royal Mail shares are near all-time lows. Here’s what I’d do now

    Royal Mail (LON: RMG) shares just continue to fall. What's the best move now? The post Royal Mail shares are near all-time lows. Here’s what I’d do now appeared first on The Motley Fool UK.

  • With its 13.3% dividend yield, I’d consider buying this share
    Fool.co.uk

    With its 13.3% dividend yield, I’d consider buying this share

    It's not without risks, but I think the income is worth considering.The post With its 13.3% dividend yield, I’d consider buying this share   appeared first on The Motley Fool UK.

  • Royal Mail proposes three-year pay deal to union
    Reuters

    Royal Mail proposes three-year pay deal to union

    The company, which was dogged by the threat of strike action over the Christmas period, had said on Thursday that the CWU was preparing another strike ballot. "We have today put forward a proposal to CWU, including a three-year pay deal," Royal Mail said in Friday's tweet. Royal Mail warned on Thursday that it faced a challenging year ahead and could face a loss in its British business because of labour tensions and shrinking letter volumes.

  • This FTSE 250 stock is down 8% today… should you buy it?
    Fool.co.uk

    This FTSE 250 stock is down 8% today… should you buy it?

    Michael Taylor looks at Royal Mail and what he's decided to do.The post This FTSE 250 stock is down 8% today… should you buy it? appeared first on The Motley Fool UK.

  • Short-Sellers Are Winning Their Bet Against the Royal Mail
    Bloomberg

    Short-Sellers Are Winning Their Bet Against the Royal Mail

    (Bloomberg Opinion) -- One big argument against Jeremy Corbyn’s plan to re-nationalize large chunks of the British economy was that it would prove eye-wateringly expensive. Yet one of the companies in the sights of the opposition Labour Party’s leader, Royal Mail Plc, is turning out to be anything but.The postal operator’s heavily shorted shares plunged 9% on Thursday to a fresh low after its management warned of deteriorating letter volumes and risks to the business from threatened strike action. During the Royal Mail’s initial public offering in 2013, the British government — which owned it at the time — was criticized for short-changing the public with a cheap offer price and gifting future profits to shareholders. But it seems it was taxpayers who got the bargain. The stock has almost halved since the IPO, valuing the company at just 1.7 billion pounds ($2.2 billion).In view of bleak cash flow expectations and large fixed costs — the company has 140,000 U.K. employees — there’s a danger that an already reduced dividend may need paring back again. Instead of clamoring for nationalization, now much less likely after Boris Johnson’s Tories won the recent election, the British public should be glad that Royal Mail is investors’ problem, not theirs.With urban streets clogged by e-commerce delivery vans these days, you’d think Royal Mail would be raking it in. The company’s European and U.S. parcel business, GLS, is doing well, but the U.K. is a different story. Having been starved of investment under state ownership and with a network designed for delivering letters, Royal Mail is poorly positioned to take advantage of the internet shopping boom. About one-quarter of parcels being delivered by Royal Mail are sorted automatically, compared to about 90% at its peers, Berenberg analysts note.Confidence that a new chief executive officer, Rico Back, can soothe workforce tensions and boost parcel revenues via investments in technology is evaporating. In 2018 employees won pay increases and a shorter working week in return for productivity improvements but the benefits haven’t fully materialized.The company won a court injunction to stop industrial action over the busy December period, but that will have further antagonized the workforce. Back, whose 5.8 million-pound “golden hello” contributed to a shareholder revolt when he took over, is already facing doubts over a new strategy unveiled in May.Letter volumes are projected to be worse than anticipated in the next fiscal year; email is more convenient and costs nothing. And efforts to introduce technology and restructure the business are behind schedule. Labor unrest has put off customers, making it increasingly likely that the British postal operations will make a loss in fiscal 2021. The following year is looking difficult too.Royal Mail is stuck. It can’t easily hike letter prices because doing so might accelerate the decline in volumes. Competition in parcels is brutal because gig-economy rivals don’t have the same fixed costs and worker protections, plus they can cherry pick profitable areas. Neither can the government let the company wriggle out of its expensive obligation to deliver the mail to some 30 million addresses six days a week. Johnson was elected on a promise of boosting the regions beyond London.Royal Mail would be harming itself if it reduced technology investments, which is why a dividend that costs 150 million pounds annually is vulnerable. At current prices, the shares yield almost 9%. Investors clearly believe a further cut to the payout is possible (it has already been reduced by 40%).Short-sellers including Blackrock Investment Management UK Ltd., Bodenholm Capital AB and JPMorgan Asset Management UK won’t worry about that. Royal Mail’s long-suffering shareholders are running out of reasons to keep the faith. To contact the author of this story: Chris Bryant at cbryant32@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Chris Bryant is a Bloomberg Opinion columnist covering industrial companies. He previously worked for the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • What to Watch: European stocks hit record high, Brexit hits Compass, and OnThe Beach's Thomas Cook ad splurge
    Yahoo Finance UK

    What to Watch: European stocks hit record high, Brexit hits Compass, and OnThe Beach's Thomas Cook ad splurge

    A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.

  • Royal Mail shares plunge to new low as group warns on strikes and economy
    Yahoo Finance UK

    Royal Mail shares plunge to new low as group warns on strikes and economy

    Shares in the Royal Mail fell by almost 10% on Thursday as the group warned about the industrial relations environment and UK economic uncertainty.

  • UK stocks up on China tariff cut, but Royal Mail at life low
    Reuters

    UK stocks up on China tariff cut, but Royal Mail at life low

    China will cut additional tariffs levied against 1,717 U.S. goods last year, after a Phase 1 trade deal was signed last month, and as fears persist over the coronavirus outbreak, which has killed more than 550 people. The FTSE 100 rose 0.3%, but oil majors Shell and BP weighed on the index as they tracked crude prices lower. Royal Mail , on the other hand, dropped 5% to an all-time low after the letter carrier warned outlook for the 2020-21 fiscal year was "challenging" and said the threat of a labour strike in late 2019 hurt parcel revenue growth during the Christmas period.

  • Royal Mail shares slump to record low on UK loss warning
    Reuters

    Royal Mail shares slump to record low on UK loss warning

    Royal Mail warned on Thursday of a "challenging" year ahead, with labour tensions and sliding letter volumes increasing the risk of its British business registering a loss, sending its shares plunging to record lows. The warning, which followed a Christmas period dogged by the threat of strike action, sent shares in the former UK mail monopoly tumbling 11%. The company added that its largest union was also preparing another strike ballot.

  • Can you trust the Royal Mail share price’s 7.7% dividend yield?
    Fool.co.uk

    Can you trust the Royal Mail share price’s 7.7% dividend yield?

    The Royal Mail share price offers one of the highest yields in the FTSE 250, but is it living on borrowed time?The post Can you trust the Royal Mail share price's 7.7% dividend yield? appeared first on The Motley Fool UK.

  • Does Royal Mail plc's (LON:RMG) P/E Ratio Signal A Buying Opportunity?
    Simply Wall St.

    Does Royal Mail plc's (LON:RMG) P/E Ratio Signal A Buying Opportunity?

    Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll apply a basic...

  • Forget the Royal Mail share price! I’d buy this FTSE 100 9%-yielder instead
    Fool.co.uk

    Forget the Royal Mail share price! I’d buy this FTSE 100 9%-yielder instead

    The Royal Mail share price could fall much further as the business continues to struggle, but this FTSE 100 income stock has bright prospects. The post Forget the Royal Mail share price! I'd buy this FTSE 100 9%-yielder instead appeared first on The Motley Fool UK.

  • I’d invest £500 in this high dividend yielding stock in 2020
    Fool.co.uk

    I’d invest £500 in this high dividend yielding stock in 2020

    It has its problems, but there are upsides too.

  • Forget the Royal Mail share price, I’d go for this 8% FTSE 250 dividend instead
    Fool.co.uk

    Forget the Royal Mail share price, I’d go for this 8% FTSE 250 dividend instead

    Royal Mail could struggle to meet its dividend obligations in 2020 so this FTSE 250 stock yielding 8% looks like a better buy.

  • These FTSE 250 stocks slumped in 2019. Here’s what I’d do now
    Fool.co.uk

    These FTSE 250 stocks slumped in 2019. Here’s what I’d do now

    Two of the best-known FTSE 250 (INDEXFTSE: MCX) stocks have had a painful year, so will 2020 be better?

  • The UK stocks that defined 2019: Lloyds, BT, Tesco, and more
    Yahoo Finance UK

    The UK stocks that defined 2019: Lloyds, BT, Tesco, and more

    Collapsing airlines, an exodus of FTSE 100 CEOs, and plenty of geopolitical uncertainty — 2019 has been another busy year for UK PLC.

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