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

LSL Property Services (LON:LSL) announced its earnings results 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 Trading Up 1.3 %

LSL stock opened at GBX 278.53 ($3.61) on Friday. The company has a debt-to-equity ratio of 62.42, a current ratio of 1.30 and a quick ratio of 1.06. LSL Property Services has a 1-year low of GBX 252 ($3.26) and a 1-year high of GBX 355 ($4.60). The business has a 50 day simple moving average of GBX 278.07 and a two-hundred day simple moving average of GBX 288.08. The company has a market capitalization of £286.60 million, a price-to-earnings ratio of 26.92, a PEG ratio of 1.49 and a beta of 1.09.

LSL Property Services Increases Dividend

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

Insider Activity

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