Hammerson (LON:HMSO) Reaches New 12-Month High at $29.94

Hammerson Plc (LON:HMSO)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 29.94 ($0.38) and last traded at GBX 29.18 ($0.37), with a volume of 6831795 shares. The stock had previously closed at GBX 29 ($0.37).

Hammerson Stock Down 0.4 %

The firm’s fifty day moving average price is GBX 27.69 and its 200-day moving average price is GBX 27.05. The company has a market capitalization of £1.40 billion, a price-to-earnings ratio of -2,824.00, a P/E/G ratio of 1.68 and a beta of 2.30. The company has a debt-to-equity ratio of 68.44, a current ratio of 2.30 and a quick ratio of 1.28.

Hammerson Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 10th. Stockholders of record on Thursday, April 4th were issued a dividend of GBX 0.78 ($0.01) per share. The ex-dividend date was Thursday, April 4th. This is an increase from Hammerson’s previous dividend of $0.72. This represents a dividend yield of 3.15%. Hammerson’s dividend payout ratio is -20,000.00%.

Insider Transactions at Hammerson

In related news, insider Habib Annous purchased 12,936 shares of the stock in a transaction dated Tuesday, May 14th. The stock was bought at an average cost of GBX 29 ($0.37) per share, for a total transaction of £3,751.44 ($4,767.97). Company insiders own 18.61% of the company’s stock.

Hammerson Company Profile

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.