LSL Property Services (LON:LSL) Releases Quarterly Earnings Results

LSL Property Services (LON:LSL) issued its quarterly earnings data on Wednesday. The company reported GBX 21.10 ($0.27) earnings per share (EPS) for the quarter, Digital Look Earnings reports. LSL Property Services had a net margin of 6.74% and a return on equity of 13.68%.

LSL Property Services Stock Performance

Shares of LSL Property Services stock opened at GBX 278.53 ($3.61) on Friday. LSL Property Services has a one year low of GBX 252 ($3.26) and a one year high of GBX 355 ($4.60). The company has a market capitalization of £286.60 million, a PE ratio of 26.92, a P/E/G ratio of 1.49 and a beta of 1.09. The company has a debt-to-equity ratio of 62.42, a quick ratio of 1.06 and a current ratio of 1.30. The company has a 50-day simple moving average of GBX 278.07 and a two-hundred day simple moving average of GBX 288.08.

LSL Property Services Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, May 8th will be given a dividend of GBX 7.40 ($0.10) per share. The ex-dividend date of this dividend is Thursday, May 8th. This represents a yield of 2.79%. This is an increase from LSL Property Services’s previous dividend of $4.00. LSL Property Services’s dividend payout ratio (DPR) is presently 106.30%.

Insider Activity at LSL Property Services

In related news, insider Adrian Collins acquired 20,000 shares of the firm’s stock in a transaction dated Thursday, March 27th. The stock was acquired at an average price of GBX 276 ($3.57) per share, with a total value of £55,200 ($71,465.56). Also, insider Adam Castleton bought 8,725 shares of the stock in a transaction dated Thursday, January 30th. The stock was bought at an average price of GBX 295 ($3.82) per share, for a total transaction of £25,738.75 ($33,323.08). Insiders bought 28,778 shares of company stock valued at $8,108,927 over the last 90 days. Insiders own 15.29% of the company’s stock.

About LSL Property Services

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising.