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Mears Group LSE:MER Stock Report

Last Price

UK£3.94

Market Cap

UK£386.5m

7D

0.3%

1Y

59.5%

Updated

03 Jun, 2024

Data

Company Financials +

Mears Group plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mears Group
Historical stock prices
Current Share PriceUK£3.94
52 Week HighUK£3.98
52 Week LowUK£2.44
Beta1.18
1 Month Change7.07%
3 Month Change10.99%
1 Year Change59.51%
3 Year Change112.40%
5 Year Change54.51%
Change since IPO3,253.19%

Recent News & Updates

Shareholders Will Be Pleased With The Quality of Mears Group's (LON:MER) Earnings

May 03
Shareholders Will Be Pleased With The Quality of Mears Group's (LON:MER) Earnings

Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Apr 14
Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Recent updates

Shareholders Will Be Pleased With The Quality of Mears Group's (LON:MER) Earnings

May 03
Shareholders Will Be Pleased With The Quality of Mears Group's (LON:MER) Earnings

Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Apr 14
Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Mears Group (LON:MER) Is Increasing Its Dividend To £0.037

Sep 22
Mears Group (LON:MER) Is Increasing Its Dividend To £0.037

Mears Group (LON:MER) Has Announced That It Will Be Increasing Its Dividend To £0.037

Sep 08
Mears Group (LON:MER) Has Announced That It Will Be Increasing Its Dividend To £0.037

Mears Group's (LON:MER) Dividend Will Be Increased To £0.037

Aug 25
Mears Group's (LON:MER) Dividend Will Be Increased To £0.037

Mears Group's (LON:MER) Dividend Will Be Increased To £0.037

Aug 06
Mears Group's (LON:MER) Dividend Will Be Increased To £0.037

Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 02
Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Mears Group (LON:MER) Has Announced That It Will Be Increasing Its Dividend To £0.0325

Aug 21
Mears Group (LON:MER) Has Announced That It Will Be Increasing Its Dividend To £0.0325

Mears Group (LON:MER) Is Increasing Its Dividend To £0.0325

Aug 07
Mears Group (LON:MER) Is Increasing Its Dividend To £0.0325

Is Now An Opportune Moment To Examine Mears Group plc (LON:MER)?

Aug 17
Is Now An Opportune Moment To Examine Mears Group plc (LON:MER)?

Here's Why Shareholders Should Examine Mears Group plc's (LON:MER) CEO Compensation Package More Closely

Jun 24
Here's Why Shareholders Should Examine Mears Group plc's (LON:MER) CEO Compensation Package More Closely

Is Mears Group plc (LON:MER) Worth UK£1.8 Based On Its Intrinsic Value?

Mar 05
Is Mears Group plc (LON:MER) Worth UK£1.8 Based On Its Intrinsic Value?

What Type Of Returns Would Mears Group's(LON:MER) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?

Jan 29
What Type Of Returns Would Mears Group's(LON:MER) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?

Here's Why We Think Mears Group's (LON:MER) Statutory Earnings Might Be Conservative

Dec 25
Here's Why We Think Mears Group's (LON:MER) Statutory Earnings Might Be Conservative

Is Mears Group (LON:MER) Using Too Much Debt?

Dec 04
Is Mears Group (LON:MER) Using Too Much Debt?

Shareholder Returns

MERGB Commercial ServicesGB Market
7D0.3%0.8%-0.6%
1Y59.5%-22.1%6.4%

Return vs Industry: MER exceeded the UK Commercial Services industry which returned -22% over the past year.

Return vs Market: MER exceeded the UK Market which returned 6.3% over the past year.

Price Volatility

Is MER's price volatile compared to industry and market?
MER volatility
MER Average Weekly Movement3.0%
Commercial Services Industry Average Movement5.3%
Market Average Movement4.9%
10% most volatile stocks in GB Market11.2%
10% least volatile stocks in GB Market2.7%

Stable Share Price: MER has not had significant price volatility in the past 3 months.

Volatility Over Time: MER's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19885,500Lucas Critchleywww.mearsgroup.co.uk

Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services. It provides housing management services, which include supply of affordable homes to public and private sectors; emergency and temporary accommodation services; affordable housing/social housing management; housing with care services; private rented sector; stock acquisition; mears housing solutions; and housing services to central government departments.

Mears Group plc Fundamentals Summary

How do Mears Group's earnings and revenue compare to its market cap?
MER fundamental statistics
Market capUK£386.55m
Earnings (TTM)UK£35.20m
Revenue (TTM)UK£1.09b

11.0x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MER income statement (TTM)
RevenueUK£1.09b
Cost of RevenueUK£870.56m
Gross ProfitUK£218.77m
Other ExpensesUK£183.57m
EarningsUK£35.20m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.36
Gross Margin20.08%
Net Profit Margin3.23%
Debt/Equity Ratio18.3%

How did MER perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

40%

Payout Ratio

Does MER pay a reliable dividends?

See MER dividend history and benchmarks
When do you need to buy MER by to receive an upcoming dividend?
Mears Group dividend dates
Ex Dividend DateJun 27 2024
Dividend Pay DateJul 16 2024
Days until Ex dividend24 days
Days until Dividend pay date43 days

Does MER pay a reliable dividends?

See MER dividend history and benchmarks
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