Land Securities Share Price (LAND)

Nice rise today almost recovering the dividend price loss.

Bought in for the first time day, 27k buy GLA

V quiet chat, I bought a few of these for my dividend passive income in retirement , share doing well too

Hmm.... I timed my purchase rather well! Two large brokers currently rate these a Buy with good upside.

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landsec delivered a solid fy26 with rents growing at their fastest pace in nearly two decades and occupancy at a 20-year high. epra eps rose 2.2% to 51.4p — at the top end of guidance — as 4.6% like-for-like net rental income growth and a 15% cut in overhead costs offset the 1.8% eps drag from the qam disposal. the dividend rose 2.0% to 41.2p. epra nta per share was up 0.9% to 882p (and 2.2% in h2), with erv growth accelerating to 6.4%, the highest in nearly 20 years. office-led like-for-like income rose 6.0%, retail-led 5.5%. the portfolio value was up 1.2%. ifrs profit before tax was £346m, reduced by a £74m net loss on £705m of low-returning disposals. net debt/ebitda was 8.4x, guided to fall below 7x within two years. fy27 epra eps guided stable; fy28 high-single-digit growth; c.5% eps cagr to fy30 reaffirmed. vs consensus: epra eps 51.4p at the top end of the company's c.2-4% guidance range; the 6.4% erv growth and 20-year-high occupancy are ahead of trend, but fy27 eps guided flat on the qam drag tempers the read. verdict: in-line

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