MERLIN Properties SOCIMI (MRPRF) Expected to Announce Quarterly Earnings on Friday

MERLIN Properties SOCIMI (OTCMKTS:MRPRF) is projected to issue its results before the market opens on Friday, February 27th. Analysts expect the company to announce earnings of $0.1409 per share and revenue of $165.9590 million for the quarter.

MERLIN Properties SOCIMI Stock Performance

MRPRF opened at $15.77 on Monday. MERLIN Properties SOCIMI has a 1-year low of $9.41 and a 1-year high of $16.00. The firm has a 50-day moving average price of $14.52 and a two-hundred day moving average price of $14.80.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of MERLIN Properties SOCIMI in a research report on Monday, December 1st. One analyst has rated the stock with a Buy rating, According to MarketBeat, MERLIN Properties SOCIMI has a consensus rating of “Buy”.

MERLIN Properties SOCIMI Company Profile

Merlin Properties Socimi, SA is a Spanish real estate investment trust (SOCIMI) headquartered in Madrid. The company specializes in the acquisition, development and management of commercial real estate assets, including office, retail, logistics and residential properties. Merlin’s operations encompass strategic asset repositioning, leasing and day-to-day property management to enhance portfolio performance and tenant satisfaction.

Founded in April 2014 through the spin-off of Metrovacesa’s portfolio, Merlin Properties has pursued growth via disciplined investments and selective mergers, most notably its 2017 combination with Hispania Activos Inmobiliarios.