LSL Property Services (LON:LSL) Posts Earnings Results

LSL Property Services (LON:LSL) posted its quarterly earnings data on Wednesday. The company reported GBX 21.10 ($0.27) earnings per share 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 Price Performance

Shares of LON:LSL opened at GBX 269.48 ($3.49) on Friday. The company has a quick ratio of 1.06, a current ratio of 1.30 and a debt-to-equity ratio of 62.42. The company has a market cap of £277.29 million, a PE ratio of 26.04, a P/E/G ratio of 1.49 and a beta of 1.09. LSL Property Services has a fifty-two week low of GBX 252 ($3.26) and a fifty-two week high of GBX 355 ($4.60). The firm has a 50-day simple moving average of GBX 278.07 and a 200 day simple moving average of GBX 288.08.

LSL Property Services Increases Dividend

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

Insider Buying and Selling at LSL Property Services

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