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

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

LSL Property Services Stock Down 0.2 %

Shares of LON LSL traded down GBX 0.60 ($0.01) during trading on Friday, reaching GBX 274.40 ($3.55). 39,608 shares of the stock were exchanged, compared to its average volume of 76,025. The company has a market capitalization of £282.35 million, a price-to-earnings ratio of 26.52, a price-to-earnings-growth ratio of 1.49 and a beta of 1.09. The business’s 50-day moving average price is GBX 278.07 and its 200 day moving average price is GBX 288.08. The company has a quick ratio of 1.06, a current ratio of 1.30 and a debt-to-equity ratio of 62.42. LSL Property Services has a twelve month low of GBX 252 ($3.26) and a twelve month high of GBX 355 ($4.60).

LSL Property Services Increases Dividend

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

Insider Activity

In other LSL Property Services news, insider Adrian Collins purchased 20,000 shares of LSL Property Services stock in a transaction that occurred on Thursday, March 27th. The stock was purchased 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 acquired 8,725 shares of the company’s stock in a transaction on Thursday, January 30th. The shares were acquired at an average price of GBX 295 ($3.82) per share, for a total transaction of £25,738.75 ($33,323.08). Over the last three months, insiders bought 28,778 shares of company stock worth $8,108,927. 15.29% of the stock is currently owned by company insiders.

LSL Property Services Company Profile

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.