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

LSL Property Services (LON:LSL) announced its quarterly earnings results 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 Stock Down 0.2 %

Shares of LSL traded down GBX 0.60 ($0.01) during trading hours on Friday, hitting GBX 274.40 ($3.55). The company had a trading volume of 39,608 shares, compared to its average volume of 76,025. The company has a current ratio of 1.30, a quick ratio of 1.06 and a debt-to-equity ratio of 62.42. The company has a market capitalization of £282.35 million, a PE ratio of 26.52, a price-to-earnings-growth ratio of 1.49 and a beta of 1.09. LSL Property Services has a one year low of GBX 252 ($3.26) and a one year high of GBX 355 ($4.60). The company’s fifty day moving average price is GBX 278.07 and its two-hundred day moving average price is GBX 288.08.

LSL Property Services Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 8th will be given a dividend of GBX 7.40 ($0.10) per share. This represents a yield of 2.79%. 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. LSL Property Services’s dividend payout ratio (DPR) is 106.30%.

Insider Buying and Selling

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

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.