Merlin Properties SOCIMI, S.A. is a listed Real Estate Investment Trust (REIT). The Company acquires, actively manages, invests and selectively rotates commercial real estate assets in Spain and Portugal. Rental income breaks down by type of asset between offices (53.6%), shopping centers (26.4%), logistics sites (16.9%) and other (3.1%). In 2023, the asset portfolio of Merlin Properties SOCIMI, S.A. was worth EUR 11.3 billion and generated EUR 475.6 million of rental income. The company aims to remunerate the shareholders through a combination of annual dividend distribution and value enhancement of the EPRA NAV of the Company.

Employees

269

Sector

Commercial REITs

Calendar

2024-09-17 - EPRA Berlin Conference

More about the company

Quotes

Date	Price	Change	Volume
24-09-17	11.86 €	+0.42%	111,410
24-09-16	11.81 €	+1.03%	1,532,826
24-09-13	11.69 €	+2.45%	1,823,384
24-09-12	11.41 €	+0.44%	2,515,693
24-09-11	11.36 €	-1.47%	1,153,836

Delayed Quote BME, September 17, 2024 at 05:00 am EDT

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Ratings

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

18

Last Close Price

11.81EUR

Average target price

12.82EUR

Spread / Average Target

+8.52%

Consensus

Profit revisions

Estimate revisions

Quarterly revenue - Rate of surprise

Company calendar

Real-time Estimate Tradegate Other stock markets 05:17:28 2024-09-17 am EDT			5-day change	1st Jan Change
11.86 ^EUR	+0.47%		+2.86%	+17.89%

Sep. 12	ECB to cut rates without lowering its guard
Sep. 03	CaixaBank Upgrades Merlin Properties to Buy, Lifts PT	MT

Capitalization	6.64B 7.4B	P/E ratio 2024 *	24.2x	P/E ratio 2025 *	14.5x
Enterprise value	8.76B 9.76B	EV / Sales 2024 *	20x	EV / Sales 2025 *	19.2x
Free-Float	67.02%	Yield 2024 *	3.65%	Yield 2025 *	3.88%

ECB to cut rates without lowering its guard	Sep. 12
CaixaBank Upgrades Merlin Properties to Buy, Lifts PT	Sep. 03	MT
Spain's Colonial turns to profit, cautious on European real estate	Jul. 30	RE
Global markets live: Bayer, CrowdStrike, Tesla, UPS, Alphabet, Tesla...	Jul. 23
Spain's Merlin turns to profit as business shifts to warehouses from malls	Jul. 22	RE
Transcript : MERLIN Properties SOCIMI, S.A., H1 2024 Earnings Call, Jul 22, 2024	Jul. 22
MERLIN Properties SOCIMI, S.A. Reports Earnings Results for the Half Year Ended June 30, 2024	Jul. 18	CI
Kempen Upgrades Merlin Properties to Buy, Boosts PT	Jul. 16	MT
MERLIN Properties SOCIMI, S.A. Provides Earnings Guidance for the Year 2024	May. 17	CI
Transcript : MERLIN Properties SOCIMI, S.A., Q1 2024 Earnings Call, May 17, 2024	May. 17
Merlin Properties Chair Resigns; Successor Appointed	May. 17	MT
Property group Colonial hopes asset valuations will pick up soon, profit doubles	May. 14	RE
Real estate group Colonial doubles its profit and expects an early revaluation of its assets	May. 14	RE

CaixaBank Upgrades Merlin Properties to Buy, Lifts PT	Sep. 03	MT
Kempen Upgrades Merlin Properties to Buy, Boosts PT	Jul. 16	MT
Analyst recommendations: AbbVie, AIG, CBRE, Stoneco, Vonage...	21-11-23
Analyst recommendations: American Water, Broadcom, Enerplus, Pixelworks, Verint...	21-09-01

Merlin Properties SOCIMI, S.A. Stock

Equities

MRL

ES0105025003

Commercial REITs

Valuation: Merlin Properties SOCIMI, S.A.

Chart: Merlin Properties SOCIMI, S.A.

Latest news: Merlin Properties SOCIMI, S.A.

Last Transcript: Merlin Properties SOCIMI, S.A.

Analysts' recommendations: Merlin Properties SOCIMI, S.A.

Press Releases: Merlin Properties SOCIMI, S.A.

News in other languages: Merlin Properties SOCIMI, S.A.

Quotes and Performance

Course Extremes

Managers and Directors: Merlin Properties SOCIMI, S.A.

ETFs: Merlin Properties SOCIMI, S.A.

Other Commercial REITs

Financials

Company Profile

Quotes

Ratings

Analysts' Consensus

Quarterly revenue - Rate of surprise

Merlin Properties SOCIMI S A : Financial report - MERLIN PROPERTIES, SOCIMI, S.A.	Sep. 06	PU
Merlin Properties SOCIMI S A : Financial report - MERLIN PROPERTIES, SOCIMI, S.A.	Sep. 06	PU
Merlin Properties SOCIMI S A : Presentación Resultados 6M 2024	Jul. 21	PU
Merlin Properties SOCIMI S A : 6M 2024 Results Presentation	Jul. 19	PU
Merlin Properties SOCIMI S A : Estados Financieros Intermedios 6M 2024	Jul. 19	PU

OPINIONI DEGLI ANALISTI DEL GIORNO: AstraZeneca, Sesa, Inditex, Unicredit, Roche, EssilorLuxottica, Eni, Enav, Cembre, Lonza Group...	Sep. 13
EN DIRECTO DESDE LOS MERCADOS: Inditex, Merlin Properties, Iberdrola, Inditex, BP Plc, Bankinter, Boeing, Rio Tinto...	Sep. 13
Borsa di Italia: una banca centrale e si riparte?	Sep. 13
Bolsa de Madrid: ¿Un banco central y se apaga de nuevo?	Sep. 13
Avis d'analystes du jour : TotalEnergies, Alten, Legrand, Veolia, Unibail, Pluxee, Safran, BMW...	Sep. 12

1 day	+0.42%
1 week	+2.86%
Current month	+6.94%
1 month	+10.84%
3 months	+12.74%
6 months	+29.83%
Current year	+17.89%

Director	Title	Age	Since
Ismael Clemente Orrego CEO	Chief Executive Officer	-	14-05-26
Jon Ander Navarro Mendizabal CMP	Compliance Officer	-	17-09-30
Miguel Ollero Barrera COO	Chief Operating Officer	-	14-05-26

Name	Weight	AuM	1st Jan change
BBVA ACCION IBEX 35 ETF - EUR	0.93%	109 M€	+13.90%
CSIF (IE) FTSE EPRA NAREIT DEVELOPED GREEN BLUE UCITS ETF B - USD	0.47%	162 M€	-.--%
VANECK GLOBAL REAL ESTATE UCITS ETF - EUR	0.32%	272 M€	+10.78%
NOMURA NEXT FUNDS INTERNATIONAL REIT S&P DEVELOPED REIT INDEX (EX JAPAN UNHEDGED) ETF - JPY	0.25%	154 M€	+10.06%

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
MERLIN PROPERTIES SOCIMI, S.A.	+0.47%	+2.86%	+50.51%	+29.67%	7.39B
REALTY INCOME CORPORATION	-0.05%	-0.29%	+15.86%	-8.35%	54.59B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	+0.23%	+5.46%	+9.65%	-37.06%	21.82B
SEGRO PLC	-0.19%	+1.30%	+25.41%	-28.05%	16.14B
UNIBAIL-RODAMCO-WESTFIELD SE	+1.01%	+4.04%	+66.23%	+17.86%	12.01B
CAPITALAND INTEGRATED COMMERCIAL TRUST	-0.46%	+2.37%	+11.34%	+8.00%	11.57B
CAPITALAND ASCENDAS REIT	+1.02%	+2.41%	+5.69%	-4.81%	9.97B
FEDERAL REALTY INVESTMENT TRUST	-0.14%	+0.09%	+18.62%	-2.82%	9.81B
KLÉPIERRE	+0.27%	+4.87%	+18.80%	+53.47%	9.27B
VORNADO REALTY TRUST	+3.05%	+12.38%	+48.85%	-9.93%	7.14B
Average	+0.52%	+3.71%	+27.10%	+1.80%	15.97B
Weighted average by Cap.	+0.26%	+2.64%	+22.22%	-5.27%

	2024 *	2025 *
Net sales	510M 568M	559M 622M
Net income	267M 298M	427M 475M
Net Debt	3.55B 3.95B	4.11B 4.58B