MJ Gleeson (LON:GLE) Receives Underperform Rating from Royal Bank Of Canada

MJ Gleeson (LON:GLE)‘s stock had its “underperform” rating reiterated by equities researchers at Royal Bank Of Canada in a note issued to investors on Tuesday, Digital Look reports. They currently have a GBX 200 price target on the stock. Royal Bank Of Canada’s target price indicates a potential downside of 20.00% from the company’s previous close.

Separately, Berenberg Bank dropped their target price on shares of MJ Gleeson from GBX 345 to GBX 310 and set a “buy” rating for the company in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of GBX 255.

MJ Gleeson Stock Up 0.4%

Shares of LON GLE opened at GBX 250 on Tuesday. MJ Gleeson has a 1 year low of GBX 214.09 and a 1 year high of GBX 435. The firm’s 50-day moving average is GBX 267.37 and its 200-day moving average is GBX 263.12. The company has a current ratio of 3.87, a quick ratio of 0.89 and a debt-to-equity ratio of 7.86. The firm has a market capitalization of £145.84 million, a PE ratio of 10.19 and a beta of 0.62.

MJ Gleeson (LON:GLE) last posted its quarterly earnings results on Tuesday, September 15th. The company reported GBX 14.09 earnings per share for the quarter. MJ Gleeson had a net margin of 3.76% and a return on equity of 4.67%. Equities analysts expect that MJ Gleeson will post 35.1412429 EPS for the current year.

MJ Gleeson News Summary

Here are the key news stories impacting MJ Gleeson this week:

• Positive Sentiment: FY2026 revenue increased 12.1%, indicating that MJ Gleeson continued to grow activity despite challenging market conditions. MJ Gleeson FY26 Revenue Rises 12.1% as Adjusted Profit Declines
• Neutral Sentiment: Project Transform is reshaping the business as management adjusts operations to a subdued housing market. The initiative could improve efficiency over time, but its near-term financial benefits remain uncertain. MJ Gleeson tightens dividend as Project Transform reshapes business amid subdued housing market
• Negative Sentiment: Adjusted profit declined and MJ Gleeson swung to a full-year loss of approximately £2.7 million, reflecting weak sales conditions and pressure on margins. MJ Gleeson slips to loss amid weak sales environment
• Negative Sentiment: The company reduced its dividend, making the results less attractive to income-focused investors and signaling caution about cash generation and the outlook. MJ Gleeson swings to full-year loss, cuts dividend
• Negative Sentiment: Management is not expecting a meaningful improvement in the housing market, suggesting that weak demand and difficult selling conditions may persist and continue to constrain earnings. Housebuilder MJ Gleeson not expecting any improvement in housing market

About MJ Gleeson

MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land.

Gleeson Homes, under the banner of “Building Homes. Changing Lives” builds high-quality affordable homes across the Midlands and North of England. To meet customer demand, and without compromising affordability, the range of homes available extends from one-bed apartments to five-bedroom houses. With a two-bedroom home available from £100,000, a key objective is to ensure that on all of our developments, a meaningful proportion of homes are affordable to a couple earning the National Living Wage.