You are here

Prices & Quotes - UK Markets - Capital & Counties Properties (CAPC)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 180.40p
Change Today:
-0.100p
Market Cap:
1,535.42m
Sector:
Real Estate Investment Trusts

Value of Capital & Counties' Covent Garden estate falls amid Covid-19

By Iain Gilbert

Date: Tuesday 02 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Property investment and development company Capital & Counties said on Tuesday that the value of its Covent Garden estate had fallen more than a quarter in 2020 as a result of the Covid-19 pandemic and its impact on the retail sector.
Capital & Counties said an independent property valuation for its Covent Garden estate came to 1.8bn, down 13% from the end of June and 2017 from the end of 2019.

The FTSE 250-listed firm stated the bulk of the valuation drop was in its retail, leisure and food and beverage portfolio, which makes up 75% of its total property value, all of which were hit hard by UK-wide lockdown restrictions.

Capco also said it had received 42% of December rent payments as of 28 January, broadly in line with those collected at the same time in the prior quarter, but added that it was also still waiting for rent payments from earlier in 2020.

Chief executive Ian Hawksworth said: "Whilst there are significant near-term challenges to trading and an uncertain economic outlook due to the impact of the pandemic, we are encouraged by the enduring appeal of Covent Garden for customers as evidenced by recovery in footfall and trade following easing measures in the second half of 2020."

As of 0920 GMT, Capco shares were down 2.21% at 132.80p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

CAPC Market Data

Currency UK Pounds
Price 180.40p
Change Today -0.100p
52 Week High 191.70p
52 Week Low 99.00p
Volume 1,070,669
Shares Issued 851.12m
Market Cap 1,535.42m
Beta 0.02

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
P/E
Not Available
PEG
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Dividend Yield
Not Available
EPS Growth
Not Available
Operating Margin
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 2
Sell 2
Strong Sell 4
Total 13
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CAPC Dividends

  Latest Previous
  Final Interim
Ex-Div 16-Apr-20 29-Aug-19
Paid 14-May-20 20-Sep-19
Amount 1.00p 0.50p

Trades for 16-Apr-2021

Time Volume / Share Price
16:45 160 @ 179.90p
16:45 160 @ 179.90p
16:35 576,141 @ 180.40p
16:29 32 @ 179.80p
16:29 1,600 @ 179.80p

CAPC Key Personnel

CEO Ian Hawksworth
Chair Henry Staunton
CFO Situl Jobanputra