McCarthy & Stone (LON:MCS) had its price objective cut by Barclays from GBX 152 ($2.13) to GBX 144 ($2.02) in a research note issued to investors on Monday. They currently have an underweight rating on the stock.

MCS has been the subject of a number of other research reports. cut their price target on McCarthy & Stone from GBX 179 ($2.51) to GBX 164 ($2.30) and set a hold rating for the company in a research note on Tuesday, November 14th. Deutsche Bank reiterated a buy rating and set a GBX 219 ($3.07) price target on shares of McCarthy & Stone in a research note on Monday, December 18th. Peel Hunt reiterated a buy rating and set a GBX 205 ($2.87) price target on shares of McCarthy & Stone in a research note on Tuesday, November 14th. Canaccord Genuity cut their price target on McCarthy & Stone from GBX 187 ($2.62) to GBX 185 ($2.59) and set a buy rating for the company in a research note on Wednesday, November 15th. Finally, Numis Securities cut their price target on McCarthy & Stone from GBX 179 ($2.51) to GBX 164 ($2.30) and set a hold rating for the company in a research note on Tuesday, November 14th. One equities 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’s stock. McCarthy & Stone currently has an average rating of Hold and a consensus target price of GBX 190.57 ($2.67).

Shares of McCarthy & Stone (LON:MCS) opened at GBX 147.70 ($2.07) on Monday. McCarthy & Stone has a 12-month low of GBX 141.40 ($1.98) and a 12-month high of GBX 199.60 ($2.80). The company has a market capitalization of $774.56 and a PE ratio of 1,055.00.

McCarthy & Stone (LON:MCS) last released its quarterly earnings results on Tuesday, November 14th. The company reported GBX 13.80 ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of GBX 14 ($0.20) by GBX (0.20) ($0.00). The company had revenue of £660.90 million for the quarter. McCarthy & Stone had a net margin of 13.44% and a return on equity of 15.67%.

The firm also recently announced a dividend, which was paid on Thursday, February 1st. Stockholders of record on Thursday, January 4th were paid a GBX 3.60 ($0.05) dividend. This represents a dividend yield of 2.26%. The ex-dividend date was Thursday, January 4th. This is an increase from McCarthy & Stone’s previous dividend of $1.80.

In other McCarthy & Stone news, insider John White bought 100,000 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were purchased at an average price of GBX 158 ($2.22) per share, for a total transaction of £158,000 ($221,536.74).

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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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