Unite Group Plc Share Price and Company Fundamentals
Last traded: Today at 4:59 PM
Unite Students is the UK's largest owner, manager and developer of purpose-built student accommodation serving the country's world-leading Higher Education sector. Following our successful £1.4bn acquisition of Liberty Living's UK assets in November 2019, we now provide homes to 76,000 students across 177 properties in 27 leading university towns and cities. Our people are driven by a common purpose: to provide a 'Home for Success' for the students who live with us and to be the most trusted brand in the sector. We do this through quality service, quality people and quality properties, all designed on the basis of an excellent insight into students' needs and preferences. Unite's accommodation is high quality, affordable, safe and secure, and located where students want to live. Students live predominantly in en-suite study bedrooms with rents covering all bills, insurance, 24-hour security and high-speed Wi-Fi. MyUnite, our mobile app, provides practical support such as instant messaging and maintenance requests. We hold a five-star British Safety Council audit rating (out of five) following an Occupational Health and Safety audit. The audit measured our performance against a number of key safety management indicators, providing an international benchmark for safety management systems and indicating best practice for continual improvement. Our commitment to customer service is powered by an innovative, in-house operating platform. It provides a wide range of benefits to our students, such as an optimised online booking process, as well as providing us with a unique ability to drive value from our portfolio through scale efficiencies and revenue management. Our other strategic priority is delivering growing and sustainable earnings, underpinned by a strong capital structure. A key part of this strategy is growing the number of beds let through partnerships with the strongest UK universities which are experiencing record levels of student demand. We currently partner with 60 universities across the UK, guaranteeing that 52% of our rooms are let under 'nomination agreements' providing high visibility of forward occupancy and rental growth. Unite Students has spent years helping young people thrive in new situations and help them manage the big Leap' to university life. Our insight has identified a significant gap between student expectations and reality. To support this leap, we have developed the Leapskills programme, helping to prepare prospective students for independent living. The programme introduces students to a number of student life scenarios to provoke group discussion on conflict resolution, problem solving and gives a general insight into shared living to help closer match expectations to reality. Unite is the founder of and major donor to the Unite Foundation, a charitable trust established to support talented students facing challenging financial circumstances through the provision of free accommodation scholarships. The Foundation has so far provided scholarships for 434 young people working in close collaboration with 27 partner universities. Unite is invested in and operates two specialist funds and joint ventures with institutional investment partners: the £3 billion Unite UK Student Accommodation Fund (USAF), and the £1 billion London Student Accommodation Vehicle (LSAV). Founded in 1991 in Bristol, Unite Group is an award-winning Real Estate Investment Trust (REIT), listed on the London Stock Exchange and a member of the FTSE 250 Index.
Key Metrics
PE ratio
10.33
PB ratio
0.97
Dividend yield
0.04%
Beta
1.16
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | REIT—Diversified / Real Estate |
|---|---|
| Website | https://www.unite-group.co.uk |
| Mailing address | South Quay House Temple Back Bristol BS1 6FL United Kingdom |
| Phone / Fax | 44 11 7302 7000 / |
Dividends
Dividend yield
0.04%
Dividend amount
£0.33
Payout ratio
29.99%
Unite Group Plc paid £0.33 dividend and the ex-dividend date was 13 Apr 2023.The dividend payout ratio is 29.99%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.UTG dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
UTG's forward dividend amount is £0.33 and the forward dividend yield is 3.64%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Mar 2023, following are the company executives and directors listed on Unite Group Plc.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Richard S. Smith | CEO & Director | 48 | 1.04M |
| Mr. Joseph J. Lister | CFO & Director | 51 | 852.11k |
| Mr. Michael James Burt | Group Investment Director | ||
| Ms. Caroline Hall | PA to CFO & Corp. Devel. Director | ||
| Mr. Christopher Robert Szpojnarowicz | Company Sec., Head of Legal & Group Legal Director | 54 | |
| Ms. Helene Murphy | Group People Director | ||
| Mr. Karan Khanna | Chief Customer Officer | ||
| Paul Sweeney | Chief Strategy Officer |
Profitability and management effectiveness
Profit margin
115.18%
Operating margin
66.59%
Return on assets
2.46%
Return on equity
9.67%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Unite Group Plc is and its enterprise value is .
The UTG's stocks Beta value is 1.16 making it 16% more volatile compared to LSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Unite Group Plc (LSE:UTG) Frequently Asked Questions
1. What is Unite Group Plc's Stock Symbol?
Unite Group Plc trades on LSE under the ticker symbol "UTG".
2. What is Unite Group Plc's stock price today?
One share of UTG stock can currently be purchased for approximately £889.
3. How can I contact Unite Group Plc?
Unite Group Plc's mailing address is South Quay House Temple Back Bristol BS1 6FL United Kingdom. The company can be reached via phone at 44 11 7302 7000.
4. What is Unite Group Plc's official website?
The official website of Unite Group Plc is https://www.unite-group.co.uk.