Picton Property Income Future Growth

Future criteria checks 3/6

Picton Property Income's revenue is forecast to decline at 9.3% per annum while its annual earnings are expected to grow at 40.4% per year. EPS is expected to grow by 62.6% per annum.

Key information

40.4%

Earnings growth rate

62.6%

EPS growth rate

REITs earnings growth	27.0%
Revenue growth rate	-9.3%
Future return on equity	n/a
Analyst coverage	Low
Last updated	22 Nov 2024

Recent future growth updates

Recent updates

Picton Property Income Limited's (LON:PCTN) CEO Might Not Expect Shareholders To Be So Generous This Year

Jul 23

Shareholders Of Picton Property Income (LON:PCTN) Must Be Happy With Their 57% Return

Feb 22

Does Picton Property Income's (LON:PCTN) CEO Salary Compare Well With Industry Peers?

Jan 25

What Type Of Shareholders Make Up Picton Property Income Limited's (LON:PCTN) Share Registry?

Dec 28

Picton Property Income's (LON:PCTN) Stock Price Has Reduced 18% In The Past Year

Nov 23

Earnings and Revenue Growth Forecasts

LSE:PCTN - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	42	46	N/A	34	2
3/31/2026	40	42	N/A	33	3
3/31/2025	39	37	N/A	32	3
9/30/2024	55	8	26	26	N/A
6/30/2024	55	2	23	23	N/A
3/31/2024	55	-5	20	20	N/A
12/31/2023	54	-43	21	21	N/A
9/30/2023	53	-81	21	21	N/A
6/30/2023	53	-85	22	22	N/A
3/31/2023	52	-90	23	23	N/A
12/31/2022	50	-3	22	22	N/A
9/30/2022	49	83	21	21	N/A
6/30/2022	48	115	21	21	N/A
3/31/2022	47	147	20	20	N/A
12/31/2021	45	116	19	19	N/A
9/30/2021	44	84	19	19	N/A
6/30/2021	44	59	18	19	N/A
3/31/2021	43	34	18	19	N/A
12/31/2020	44	23	16	16	N/A
9/30/2020	44	12	14	14	N/A
6/30/2020	45	17	14	14	N/A
3/31/2020	46	23	14	14	N/A
12/31/2019	46	25	17	17	N/A
9/30/2019	47	27	21	21	N/A
6/30/2019	47	29	23	23	N/A
3/31/2019	48	31	25	25	N/A
12/31/2018	48	42	25	25	N/A
9/30/2018	49	52	24	24	N/A
6/30/2018	49	58	N/A	25	N/A
3/31/2018	49	64	N/A	26	N/A
12/31/2017	49	61	N/A	25	N/A
9/30/2017	49	58	N/A	24	N/A
6/30/2017	52	50	N/A	26	N/A
3/31/2017	54	43	N/A	27	N/A
12/31/2016	54	46	N/A	26	N/A
9/30/2016	53	49	N/A	26	N/A
6/30/2016	50	57	N/A	25	N/A
3/31/2016	46	65	N/A	24	N/A
12/31/2015	45	67	N/A	22	N/A
9/30/2015	44	69	N/A	21	N/A
6/30/2015	42	69	N/A	18	N/A
3/31/2015	40	69	N/A	16	N/A
12/31/2014	38	64	N/A	15	N/A
9/30/2014	37	59	N/A	14	N/A
6/30/2014	37	48	N/A	14	N/A
3/31/2014	37	37	N/A	14	N/A
12/31/2013	38	21	N/A	14	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PCTN's forecast earnings growth (40.4% per year) is above the savings rate (2.1%).

Earnings vs Market: PCTN's earnings (40.4% per year) are forecast to grow faster than the UK market (14.6% per year).

High Growth Earnings: PCTN's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PCTN's revenue is expected to decline over the next 3 years (-9.3% per year).

High Growth Revenue: PCTN's revenue is forecast to decline over the next 3 years (-9.3% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if PCTN's Return on Equity is forecast to be high in 3 years time

Picton Property Income Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 17% to UK£0.75

Consensus EPS estimates fall by 19%

Price target decreased to UK£0.97

Price target decreased to UK£1.08

Consensus forecasts updated

Consensus EPS estimates increase by 45%

Recent updates

Picton Property Income Limited to Report Fiscal Year 2025 Results on May 22, 2025

Fourth quarter dividend of UK£0.0092 announced

Picton Property Income Limited Announces Interim Dividend Payment in Respect of the Financial Period from 1 July 2024 to 30 September 2024, Payable on 29 November 2024

Picton Property Income Limited Announces Board and Committee Changes

Fourth quarter dividend of UK£0.0092 announced

Picton Property Income Limited Announces an Interim Dividend Payment in Respect of the Financial Period from 1 April 2024 to 30 June 2024, Payable on 30 August 2024

Picton Property Income Limited's (LON:PCTN) CEO Might Not Expect Shareholders To Be So Generous This Year

Picton Property Income Limited Appoints Helen Beck as an Independent Non-Executive Director, Effective 1 August 2024

Less than half of directors are independent

Now 20% undervalued

Dividend increased to UK£0.0092

Picton Property Income Limited Announces Interim Dividend for the Financial Period from 1 January 2024 to 31 March 2024, Payable on 31 May 2024

Qsquare (Brighton) Ltd completed the acquisition of Office asset, Angel Gate, London from Picton Property Income Limited (LSE:PCTN).

Now 20% undervalued after recent price drop

Picton Property Income Limited Announces Resignation of Maria Bentley from the Board as Non-Executive Director and Chair of the Remuneration Committee, Effective July 30,2024

Picton Property Income Limited to Report First Half, 2025 Results on Nov 12, 2024

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Dividend of UK£0.0088 announced

Insufficient new directors

Picton Property Income Limited Announces Interim Dividend for the Financial Period from 1 October 2023 to 31 December 2023, Payable on 29 February 2024

Picton Property Income Limited, Annual General Meeting, Jul 30, 2024

Picton Confirms that it Has Been Informed by UKCM's shareholder Phoenix Life Does Not Support the Possible Merger on the Terms Proposed

Picton Confirms that it Has Been Informed by UKCM's shareholder Phoenix Life Does Not Support the Possible Merger on the Terms Proposed

First half 2024 earnings released: UK£0.003 loss per share (vs UK£0.019 loss in 1H 2023)

Price target decreased by 17% to UK£0.75

Picton Property Income Limited Announces Dividend from 1 July 2023 to 30 September 2023, Payable on 30 November 2023

Picton Property Income Limited Announces Executive Changes

Picton Property Income Limited Announces Appointment of Katharine Thompson as Company Secretary, Effective October 1, 2023

Now 21% undervalued after recent price drop

Picton Property Income Limited Announces an Interim Dividend Payment in Respect of the Financial Period from 1 April 2023 to 30 June 2023, Payable on 31 August 2023

Now 22% undervalued after recent price drop

Now 23% undervalued

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates fall by 19%

Picton Property Income Limited Declares Interim Dividend for the Financial Period from 1 October 2022 to 31 December 2022, Payable on 28 February 2023

Price target decreased to UK£0.97

Picton Property Income Limited Announces Interim Dividend in Respect of the Financial Period from 1 July 2022 to 30 September 2022, Payable on 30 November 2022

Picton Property Income Limited to Report First Half, 2023 Results on Nov 09, 2022

Now 22% undervalued after recent price drop

Now 22% undervalued after recent price drop

Picton Property Income Limited (LSE:PCTN) acquired 109-117 High Street, Cheltenham for £5.3 million.

Picton Property Income Limited, Annual General Meeting, Sep 01, 2022

Price target decreased to UK£1.08

Picton Property Income Limited Announces an Interim Dividend for the Period from 1 April 2022 to 30 June 2022, Payable on 31 August 2022

Now 21% undervalued after recent price drop

Consensus forecasts updated

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Picton Property Income Limited (LSE:PCTN) acquired Charlotte Terrace at Hammersmith Road, W14 for £13.7 million.

Picton Property Income Limited to Report Fiscal Year 2022 Results on May 26, 2022

Picton Property Income Limited (LSE:PCTN) acquired Mill Place Trading Estate for £10.4 million.

Consensus EPS estimates increase by 45%

Price target increased to UK£1.15

First half 2022 earnings released: EPS UK£0.099 (vs UK£0.007 in 1H 2021)

Consensus forecasts updated

Consensus forecasts updated

Full year 2021 earnings released: EPS UK£0.062 (vs UK£0.041 in FY 2020)

Picton Property Income Ltd Announces Interim Dividend Period from 1 January 2021 to 31March 2021, Payable Date Is 28 May 2021

New 90-day high: UK£0.88

Shareholders Of Picton Property Income (LON:PCTN) Must Be Happy With Their 57% Return

Non-Executive Chairman of the Board Nicholas Thompson has left the company

New 90-day high: UK£0.83

Picton Property Income Ltd Announces Directorate Change

Does Picton Property Income's (LON:PCTN) CEO Salary Compare Well With Industry Peers?

New 90-day high: UK£0.81

What Type Of Shareholders Make Up Picton Property Income Limited's (LON:PCTN) Share Registry?

An unknown buyer completed the acquisition of High street retail asset in Bridge Street, Peterborough from Picton Property Income Limited (LSE:PCTN).

Analysts increase EPS estimates to UK£0.019

Picton Property Income's (LON:PCTN) Stock Price Has Reduced 18% In The Past Year