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How to buy MJ Gleeson shares | 716p
Own MJ Gleeson shares in just a few minutes. Share price changes are updated daily.
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MJ Gleeson plc (GLE) is a leading residential construction business based in the UK. It opened the day at 710.2416p after a previous close of 718p. During the day the price has varied from a low of 710.2416p to a high of 732p. The latest price was 716p (25 minute delay). MJ Gleeson is listed on the London Stock Exchange (LSE) and employs 605 staff. All prices are listed in pence sterling.
How to buy shares in MJ Gleeson
- Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: GLE in this case.
- Research MJ Gleeson shares. The platform should provide the latest information available.
- Buy your MJ Gleeson shares. It's that simple.
What's in this guide?
- Can I buy shares in MJ Gleeson?
- Has coronavirus impacted MJ Gleeson shares?
- MJ Gleeson shares summary
- Compare share dealing platforms
- Is MJ Gleeson stock a buy or sell?
- MJ Gleeson performance over time
- Are MJ Gleeson shares over-valued?
- MJ Gleeson's financials
- How volatile are MJ Gleeson shares?
- Does MJ Gleeson pay a dividend?
- Have MJ Gleeson shares ever split?
- Other common questions
How has Coronavirus impacted MJ Gleeson's share price?
Since the stock market crash in March caused by coronavirus, MJ Gleeson's share price has had significant negative movement.
Its last market close was 540p, which is 45.12% down on its pre-crash value of 984p and 4.63% up on the lowest point reached during the March crash when the shares fell as low as 516.08p.
If you had bought £1,000 worth of MJ Gleeson shares at the start of February 2020, those shares would have been worth £583.71 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £579.42.
MJ Gleeson share price
Use our graph to track the performance of GLE stocks over time.MJ Gleeson shares at a glance
Information last updated 2020-12-18.
| Open | 710.2416p |
|---|---|
| High | 732p |
| Low | 710.2416p |
| Close | 716p |
| Previous close | 718p |
| Change | -2p |
| Change % | -0.279% |
| Volume | 15,296 |
Information last updated 2020-12-26.
| 52-week range | 512p - 996.9397p |
|---|---|
| 50-day moving average | 699.7429p |
| 200-day moving average | 647.4825p |
| Wall St. target price | 781.25p |
| PE ratio | 93.25 |
| Dividend yield | 0.34p (6.1%) |
| Earnings per share (TTM) | 8p |
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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
Is it a good time to buy MJ Gleeson stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
MJ Gleeson price performance over time
Historical closes compared with the last close of 716p
| 1 week (2021-01-15) | -4.28% |
|---|---|
| 1 month (2020-12-23) | -5.04% |
| 3 months (2020-10-23) | 24.74% |
| 6 months (2020-07-23) | 13.65% |
| 1 year (2020-01-23) | -26.03% |
|---|---|
| 2 years (2019-01-23) | -2.45% |
| 3 years (2018-01-23) | -3.50% |
| 5 years (2016-01-22) | 17.38% |
Is MJ Gleeson under- or over-valued?
Valuing MJ Gleeson stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MJ Gleeson's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
MJ Gleeson's P/E ratio
MJ Gleeson's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 93x. In other words, MJ Gleeson shares trade at around 93x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
MJ Gleeson's EBITDA
MJ Gleeson's EBITDA (earnings before interest, taxes, depreciation and amortisation) is £6.3 million.
The EBITDA is a measure of a MJ Gleeson's overall financial performance and is widely used to measure a its profitability.
MJ Gleeson financials
| Revenue TTM | £147.2 million |
|---|---|
| Operating margin TTM | 3.27% |
| Gross profit TTM | £40.4 million |
| Return on assets TTM | 1% |
| Return on equity TTM | 2.31% |
| Profit margin | 3.07% |
| Book value | 3.662p |
| Market capitalisation | £434.6 million |
TTM: trailing 12 months
MJ Gleeson share dividends
Dividend payout ratio: 269.01% of net profits
Recently MJ Gleeson has paid out, on average, around 269.01% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.1% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MJ Gleeson shareholders could enjoy a 6.1% return on their shares, in the form of dividend payments. In MJ Gleeson's case, that would currently equate to about 0.34p per share.
MJ Gleeson's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 5 March 2020 (the "ex-dividend date").
Have MJ Gleeson's shares ever split?
MJ Gleeson's shares were split on a 5:1 basis on 6 July 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your MJ Gleeson shares – just the quantity. However, indirectly, the new 80% lower share price could have impacted the market appetite for MJ Gleeson shares which in turn could have impacted MJ Gleeson's share price.
MJ Gleeson share price volatility
Over the last 12 months, MJ Gleeson's shares have ranged in value from as little as 512p up to 996.9397p. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while MJ Gleeson's is 1.1044. This would suggest that MJ Gleeson's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
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MJ Gleeson overview
MJ Gleeson plc engages in low-cost house building and strategic land promotion activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Strategic Land. It engages in the house building activities on brownfield land in the north of England and Midlands; and strategic land trading primarily in the south of England. The company was incorporated in 2014 and is headquartered in Sheffield, the United Kingdom.
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