British Land Future Growth

Future criteria checks 3/6

British Land's revenue is forecast to decline at 6.8% per annum while its annual earnings are expected to grow at 88.4% per year. EPS is expected to grow by 118.9% per annum. Return on equity is forecast to be 5.3% in 3 years.

Key information

88.4%

Earnings growth rate

118.9%

EPS growth rate

REITs earnings growth	94.7%
Revenue growth rate	-6.8%
Future return on equity	5.3%
Analyst coverage	Good
Last updated	17 Apr 2024

Recent future growth updates

Recent updates

Here's Why British Land (LON:BLND) Has Caught The Eye Of Investors

Mar 15

British Land Company Plc (LON:BLND) Just Released Its Yearly Earnings: Here's What Analysts Think

May 28

British Land's(LON:BLND) Share Price Is Down 28% Over The Past Five Years.

Feb 23

How Many British Land Company Plc (LON:BLND) Shares Do Institutions Own?

Jan 02

Christopher Grigg Is The Executive Director of British Land Company Plc (LON:BLND) And They Just Sold 28% Of Their Shares

Nov 28

Earnings and Revenue Growth Forecasts

LSE:BLND - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	535	464	N/A	289	1
3/31/2026	526	550	N/A	329	5
3/31/2025	492	385	223	302	7
3/31/2024	488	-325	49	292	6
9/30/2023	663	-1,067	410	410	N/A
6/30/2023	591	-1,052	325	325	N/A
3/31/2023	518	-1,038	240	240	N/A
12/31/2022	541	-237	245	245	N/A
9/30/2022	562	561	250	250	N/A
6/30/2022	527	762	248	248	N/A
3/31/2022	492	963	245	245	N/A
12/31/2021	476	516	220	220	N/A
9/30/2021	459	69	194	194	N/A
6/30/2021	490	-481	172	172	N/A
3/31/2021	520	-1,031	149	149	N/A
12/31/2020	562	-1,192	201	201	N/A
9/30/2020	603	-1,353	252	252	N/A
6/30/2020	637	-1,190	314	314	N/A
3/31/2020	670	-1,027	375	375	N/A
12/31/2019	739	-837	443	443	N/A
9/30/2019	807	-647	510	510	N/A
6/30/2019	889	-469	562	562	N/A
3/31/2019	971	-291	613	613	N/A
12/31/2018	911	-42	578	578	N/A
9/30/2018	851	206	543	543	N/A
6/30/2018	796	350	491	491	N/A
3/31/2018	741	493	438	438	N/A
12/31/2017	752	560	411	411	N/A
9/30/2017	762	627	383	383	N/A
6/30/2017	739	410	N/A	373	N/A
3/31/2017	716	193	N/A	363	N/A
12/31/2016	714	264	N/A	344	N/A
9/30/2016	712	334	N/A	325	N/A
6/30/2016	718	840	N/A	310	N/A
3/31/2016	724	1,345	N/A	294	N/A
12/31/2015	722	1,437	N/A	290	N/A
9/30/2015	719	1,528	N/A	286	N/A
6/30/2015	703	1,619	N/A	286	N/A
3/31/2015	687	1,710	N/A	285	N/A
12/31/2014	645	1,694	N/A	274	N/A
9/30/2014	602	1,677	N/A	263	N/A
6/30/2014	560	1,392	N/A	241	N/A
3/31/2014	518	1,106	N/A	219	N/A
12/31/2013	505	853	N/A	197	N/A
9/30/2013	492	599	N/A	175	N/A
6/30/2013	483	442	N/A	183	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BLND is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.8%).

Earnings vs Market: BLND is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BLND is expected to become profitable in the next 3 years.

Revenue vs Market: BLND's revenue is expected to decline over the next 3 years (-6.8% per year).

High Growth Revenue: BLND's revenue is forecast to decline over the next 3 years (-6.8% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BLND's Return on Equity is forecast to be low in 3 years time (5.3%).

British Land Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased to UK£4.80

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

Recent updates

British Land Company PLC Appoints Amanda James as Non-Executive Director, Effective 1 July 2024

British Land Company PLC Announces Board Changes

British Land Company PLC, Annual General Meeting, Jul 09, 2024

British Land Company PLC to Report Fiscal Year 2024 Results on May 22, 2024

High number of new directors

Now 22% undervalued

Upcoming dividend of UK£0.12 per share at 6.9% yield

First half 2024 earnings released: UK£0.066 loss per share (vs UK£0.035 loss in 1H 2023)

New major risk - Financial position

British Land Company PLC Appoints Mary Ricks as A Non-Executive Director, Effective 1 November 2023

ICG Real Estate acquired Portfolio of Freehold Digital Infrastructure Assets in Central London from British Land Company PLC (LSE:BLND) for £125 million.

High number of new directors

British Land Company Plc Approves Final Dividend for the Year Ended 31 March 2023

British Land Company Plc(LSE:BLND) dropped from FTSE 100 Index

Upcoming dividend of UK£0.11 per share at 6.8% yield

CEO & Director recently bought UK£152k worth of stock

British Land Company Plc Proposes Final Dividend for the Year Ended 31 March 2023, Payable on 28 July 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Here's Why British Land (LON:BLND) Has Caught The Eye Of Investors

British Land Company Plc, Annual General Meeting, Jul 11, 2023

Now 20% undervalued after recent price drop

First half 2023 earnings released: UK£0.037 loss per share (vs UK£0.40 profit in 1H 2022)

GIC Private Limited completed the acquisition of Paddington Central Assets Of British Land Company Plc from British Land Company Plc (LSE:BLND)

British Land Company plc Proposes Interim Dividend for the Six Months Ended 30 September 2022, Payable on 6 January 2023

Price target decreased to UK£4.80

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

British Land Company plc Approves Final Dividend for the Year Ended 31 March 2022

Upcoming dividend of UK£0.12 per share

British Land Company Plc to Report First Half, 2023 Results on Nov 16, 2022

Now 21% undervalued

British Land Company Plc, Annual General Meeting, Jul 12, 2022

British Land Company Plc, Annual General Meeting, Jul 12, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Now 20% undervalued after recent price drop

British Land Company Plc Announces Final Dividend for the Year Ended 31 March 2022, Payable on 29 July 2022

Now 22% undervalued after recent price drop

GIC Pte. Ltd. agreed to acquire 75% stake in Paddington Central Assets Of British Land Company Plc from British Land Company Plc (LSE:BLND) for approximately £690 million.

British Land Company Plc (LSE:BLND) agreed to acquire Three Warehouses At Hannah Close, In Wembley for approximately £160 million.

Consensus forecasts updated

First half 2022 earnings released: EPS UK£0.40 (vs UK£0.79 loss in 1H 2021)

Gem Hotels acquired Wardrobe Court in central London from British Land Company Plc (LSE:BLND) for approximately £70 million.

British Land Company Plc (LSE:BLND) acquired Peterhouse Technology Park for £75 million.

Consensus forecasts updated

High number of new directors

Consensus EPS estimates fall to UK£0.035

CEO & Director recently bought UK£199k worth of stock

Consensus forecasts updated

Upcoming dividend of UK£0.066 per share

Consensus forecasts updated

Full year 2021 earnings released: UK£1.11 loss per share (vs UK£1.10 loss in FY 2020)

British Land Company Plc (LON:BLND) Just Released Its Yearly Earnings: Here's What Analysts Think

Equiem Services Pty Ltd acquired Vicinitee Ltd from British Land Company Plc (LSE:BLND).

Independent Non-Executive Director has left the company

New 90-day high: UK£5.20

The British Land Company PLC Announces Directorate Change

British Land's(LON:BLND) Share Price Is Down 28% Over The Past Five Years.

British Land Appoints Bhavesh Mistry as New Chief Financial Officer Replacing David Walker

Analysts update estimates

Allianz Real Estate Holding, acting on behalf of several Allianz Group companies acquired 75% interest in portfolio of three buildings at 10 Portman Square, Marble Arch House and York House in London from British Land Company Plc (LSE:BLND).

William Jackson to Step Down as Non-Executive Director of The British Land Company PLC at the End of the Financial Year on 31 March 2021

How Many British Land Company Plc (LON:BLND) Shares Do Institutions Own?

British Land Completes the Drawdown of the 500-Year Headlease with Southwark Council

Christopher Grigg Is The Executive Director of British Land Company Plc (LON:BLND) And They Just Sold 28% Of Their Shares

Executive Director recently sold UK£1.9m worth of stock

Revenue and earnings beat expectations

First half 2021 earnings released: UK£0.79 loss per share

Deka Immobilien GmbH acquired Clarges, Mayfair in London from British Land Company Plc (LSE:BLND) for £177 million.