Analysts Set McCarthy & Stone (MCS) PT at $173.83

Shares of McCarthy & Stone (LON:MCS) have earned a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 173.83 ($2.42).

Several analysts have recently commented on the stock. Peel Hunt reduced their target price on shares of McCarthy & Stone from GBX 185 ($2.58) to GBX 170 ($2.37) and set a “buy” rating for the company in a research note on Wednesday, April 11th. Barclays restated an “underweight” rating and issued a GBX 136 ($1.90) target price on shares of McCarthy & Stone in a research note on Wednesday, March 14th. Canaccord Genuity restated a “buy” rating and issued a GBX 165 ($2.30) target price on shares of McCarthy & Stone in a research note on Wednesday, April 11th. Numis Securities restated a “hold” rating and issued a GBX 135 ($1.88) target price on shares of McCarthy & Stone in a research note on Wednesday, March 7th. Finally, Deutsche Bank restated a “buy” rating on shares of McCarthy & Stone in a research note on Friday, April 6th.

LON:MCS traded down GBX 2.90 ($0.04) during trading hours on Friday, reaching GBX 133.20 ($1.86). 758,181 shares of the company’s stock were exchanged, compared to its average volume of 1,060,000. McCarthy & Stone has a 1-year low of GBX 130.90 ($1.83) and a 1-year high of GBX 197.60 ($2.76).

McCarthy & Stone (LON:MCS) last issued its quarterly earnings results on Wednesday, April 11th. The company reported GBX 1.70 ($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 1.80 ($0.03) by GBX (0.10) ($0.00). McCarthy & Stone had a return on equity of 15.67% and a net margin of 13.44%.

The firm also recently announced a dividend, which will be paid on Friday, June 8th. Shareholders of record on Thursday, May 3rd will be issued a dividend of GBX 1.90 ($0.03) per share. The ex-dividend date is Thursday, May 3rd. This represents a yield of 1.44%.

In other McCarthy & Stone news, insider John Tonkiss bought 10,000 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was purchased at an average cost of GBX 135 ($1.88) per share, for a total transaction of £13,500 ($18,828.45).

About McCarthy & Stone

McCarthy & Stone plc is a United Kingdom-based retirement house builder. The Company is the parent company of the McCarthy & Stone Group. Its subsidiaries include McCarthy & Stone Retirement Lifestyles Limited and McCarthy & Stone Management Services Limited. Ortus Homes is a trading name of the Company.

Analyst Recommendations for McCarthy & Stone (LON:MCS)

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