In the first half of its financial year ending 30 June it suffered a £91.3m pre … McCarthy & Stone floated in 2015 and is positioned to capitalise on the lack of supply of retirement housing for the UK's ageing population. Glencore shed 1.4% to 307.6p and Antofagasta retreated 1.1% to... Retirement housebuilder McCarthy & Stone reported sales are expected to be approximately £670m (2017: £661m) supported by a 10% increase in average selling price to c.£300,000 (2017: £273,000)... Deutsche Bank today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and raised its price target to 168p (from 165p). The housebuilders came under pressure as the UK government's proposal to reduce ground rents on long leases to zero concerned investors.... McCarthy & Stone has said it is disappointed by the proposal by the Department for Communities and Local Government (DCLG) to reduce ground rents on new long leases to zero. Miners were among the worst hit with... A potential escalation over the US-China trade war weighed on the FTSE 100, which declined 0.4% to 7,596 around midday. Story provided by... John Tonkiss, Executive Director, has re-invested 16 shares in the company on the 8th June 2018 at a price of 133.93p. John Tonkiss confirmed as Chief Executive Officer of McCarthy & Stone. The owners of McCarthy and Stone have voted for a plan which would see the company taken over by a US private equity firm. The Director now holds 15,037 shares representing 0.00% of the shares in... Peel Hunt today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and cut its price target to 170p (from 185p). Broker Forecasts data... Retirement home developer McCarthy & Stone booked a 37% drop in annual profit as higher costs more than offset a rise in revenue. Broker... Peel Hunt today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and cut its price target to 185p (from 205p). Story provided by StockMarketWire.com Form 8.3 - McCarthy and Stone 13:35:16 30 Oct 2020 - null - News article - Regulatory News Service Sign up today. McCarthy & Stone Plc (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: No (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure 17 December 2020 ... Shareholders in McCarthy & Stone have voted in favour of a takeover offer which values the specialist housebuilder at … McCarthy & Stone has 2,523 employees across 8 locations and £671.60 M in annual revenue in FY 2018. The Director now holds 130 shares representing 0.00% of the shares in issue. Though these cookies cannot be switched off, you can set your browser to block or alert you about them, but please be aware that this will stop some parts of the website from functioning as intended. McCarthy & Stone, a developer and retirement communities... Berenberg today reaffirms its hold investment rating on McCarthy Stone Plc (LON:MCS) and raised its price target to 150p (from 120p). Broker Forecasts data... Jefferies International today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and raised its price target to 175p (from 149p). Shares puts on free Investor Events throughout the year across the country. Find out more. Broker... Deutsche Bank today initiates coverage of McCarthy Stone Plc (LON:MCS) with a hold investment rating and price target of 137p. McCarthy & Stone continues on its journey to champion older people with the launch of a new Charitable Foundation 17 Nov 2020 McCarthy & Stone, the UK’s leading developer and manager of retirement communities, has today announced the launch of the McCarthy & Stone Foundation as the organisation continues to celebrate, champion and defend the role of older people. McCarthy & Stone (the 'Group'), the UK's leading developer and manager of retirement communities today announces the appointment of John Tonkiss as Chief Executive Officer (CEO). In a trading... Martin Abell, Financial Director, bought 130 shares in the company on the 6th November 2020 at a price of £1.15. The FTSE 100 was firmly higher by midday, rising 1.6% to 5,874.24 supported by strength in the banking and oil and gas sectors. It is packed with investment ideas, news and educational material to help build and run portfolios and get more from your money. Broker Forecasts data... Jefferies International today downgrades its investment rating on McCarthy Stone Plc (LON:MCS) to hold (from hold). John McCarthy has left a very entertaining account of the business model of McCarthy and Stone in his self-published biography, Building a billion. Homeowners can socialise as much or as little as they wish, with a variety of events from coffee mornings to jazz evenings, there is something for everyone. Investor hopes over a potential vaccine for the Covid-19 coronavirus continued to buoy markets in early trading this morning, with the FTSE 100 up 0.2% to 6,311.93. McCarthy & Stone faces discontent from investors over its takeover, as fund managers fear the pandemic and Brexit uncertainty could unleash a wave of cut-price private equity deals.The board of the It is also the largest provider of new Extra Care developments in the UK. Broker Forecasts data... HSBC today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and cut its price target to 100p (from 190p). RNS Number : 3622B . She would be replaced by Martin Abell, who... Deutsche Bank today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and cut its price target to 90p (from 170p). McMahon Services. Aerospace and defence... Retirement home operator McCarthy & Stone generated revenues of approximately £197 million in its financial year ending 31 October 2020, down more than 70% on the previous year. McCarthy &... Deutsche Bank today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and raised its price target to 219p (from 211p). Pre-tax profit for the year through August fell to £58.1m,... Retirement home developer McCarthy & Stone said it would hold its 2018 dividend steady, as it also announced the results of a sweeping strategic review to combat tough trading conditions. The company said its initial focus was on... Retirement home developer McCarthy & Stone said chief financial officer Rowan Baker had stood down to take up the same position at Laing O'Rourke. Story provided by StockMarketWire.com During this period it delivered 2,300 completions. UK retirement housebuilder McCarthy & Stone has agreed to be taken over by a US private equity group in a cash deal worth £630m.. Developer and manager of retirement communities McCarthy & Stone announced Patrick Hole left the company with immediate effect on 6 December 2019. Story provided by StockMarketWire.com McCarthy & Stone said that since 2010 it has run its own management service on new sites and no longer sells the freeholds to other parties. Fine, so long as you don’t build them Story provided by... Rowan Baker, Executive Director, has re-invested 32 shares in the company on the 15th June 2018 at a price of 133.93p. The FTSE 100 fell into the red as rising utilities was offset by declining mining stocks. McCarthy & Stone could be looking at a quarter of its units in future being rental properties, such is the level of demand. Read full article. The FTSE struggled to make any gains amid weakness in the mining sector, leaving the index 1.8 points lower at 7,381 around 9am. Story provided by StockMarketWire.com 16/12/2020 Story provided by StockMarketWire.com The group, which plans to announce its results for the 14 months to the end of October 2019 on 28 January, said turnover for the period was expected to be around £720m, versus £672m for the 12 months to the end of August. Story provided by StockMarketWire.com Broker Forecasts data... Barclays Capital today reaffirms its underweight investment rating on McCarthy Stone Plc (LON:MCS) and cut its price target to 124p (from 125p). Retirement home builder McCarthy & Stone has revealed a £40m a year cost-cutting drive as its new boss looks to turn around the firm's fortunes. News McCarthy & Stone sells to Lone Star in takeover worth £647m. Don't miss the latest news! Broker Forecasts data provided... Gill Barr, Non Executive Director, bought 7,366 shares in the company on the 13th November 2019 at a price of 135.00p. Strictly necessary cookies. (Sharecast News) - McCarthy & Stone said the impact of Covid-19 would be weighted towards the second half of the year as lower sales during the crisis drove it to a loss in the first half. At 1:05pm: (LON:MCS) Mccarthy Stone Plc share price... Peel Hunt today reaffirms its buy investment rating on Mccarthy Stone Plc (LON:MCS) and cut its price target to 205p (from 220p). Story provided by StockMarketWire.com The information used by McCarthy Stone can give you a more personalised experience on our site. A cash offer of 115 pence per share from Lone Star Europe has been agreed by the boards of the two parties. If you do not allow these cookies, you may see more content and adverts that do not match your interests. The listed builder of retirement homes said that nearly 80% of votes had been cast in favour of the proposal. (Alliance News) - McCarthy & Stone PLC on Tuesday said its shareholders had approved a GBP647 million cash takeover bid from Mastiff Bidco Ltd, … McCarthy & Stone confirmed that Paul Lester joined the board today as its new chairman. Story provided by StockMarketWire.com McCarthy & Stone floated in 2015 and is positioned to capitalise on the lack of supply of retirement housing for the UK's ageing population. These cookies are necessary for the McCarthy Stone website to function. Articles for McCarthy & Stone to help build and run portfolios and Get more from your money such the! Construction phase and represents a multi-million-pound investment in the mining sector, the... Aims to address the diverse needs of England ’ s growing ageing population, such is mccarthy and stone news leading weekly for!, and how visitors move around our website to help build and portfolios... Lone Star Real Estate Fund VI - made the offer today Investor throughout. 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