MERLIN Properties SOCIMI, S.A. (BME:MRL)
Spain · Delayed Price · Currency is EUR | Market Cap | 7.74B +4.7% |
| Revenue (ttm) | 601.45M +11.5% |
| Net Income | 852.15M +28.4% |
| EPS | 1.48 +23.8% |
| Shares Out | 619.18M |
| PE Ratio | 8.47 |
| Forward PE | 22.87 |
| Dividend | 0.42 (3.35%) |
| Ex-Dividend Date | May 7, 2026 |
| Volume | 1,234,874 |
| Open | 12.58 |
| Previous Close | 12.50 |
| Day's Range | 12.46 - 12.64 |
| 52-Week Range | 11.72 - 15.92 |
| Beta | 0.93 |
| Analysts | Buy |
| Price Target | 17.25 (+37.45%) |
| Earnings Date | Nov 12, 2026 |
About MERLIN Properties SOCIMI
MERLIN Properties SOCIMI, S.A. is one of the largest real estate and infrastructure companies listed on the Spanish Stock Exchange. It specializes in the development, acquisition and management of commercial property in the Iberian Peninsula, mainly investing in offices, shopping centers, logistics facilities and data centers within the Core and Core Plus segments. MERLIN Properties SOCIMI, S.A. was incorporated in 2014 in Spain. [Read more]
Financial Performance
In 2025, MERLIN Properties SOCIMI's revenue was 567.00 million, an increase of 11.47% compared to the previous year's 508.65 million. Earnings were 786.13 million, an increase of 177.04%.
Financial StatementsAnalyst Summary
According to 21 analysts, the average rating for MRL stock is "Buy." The 12-month stock price target is €17.25, which is an increase of 37.45% from the latest price.
News
Merlin Properties downgraded to Hold from Buy at Jefferies
Jefferies analyst Stephanie Dossmann downgraded Merlin Properties (MRPRF) to Hold from Buy with a price target of EUR 16, down from EUR 17. The firm sees credit risk around the…
MERLIN Properties SOCIMI Slides: Company presentation
MERLIN Properties SOCIMI has posted slides in relation to its latest quarterly earnings report, which was published on July 30, 2026.
Merlin Properties price target raised to EUR 17.50 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Merlin Properties (MRPRF) to EUR 17.50 from EUR 16.50 and keeps an Overweight rating on the shares.
MERLIN Properties SOCIMI Earnings Call Transcript: Q2 2026
Strong H1 2026 results with double-digit revenue growth, high occupancy, and robust FFO. Data centers drive future growth, with accelerated commercialization and major pre-letting, while balance sheet strength and disciplined capital allocation support expansion.
MERLIN Properties SOCIMI Slides: Q2 2026
MERLIN Properties SOCIMI has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 28, 2026.
MERLIN Properties SOCIMI Quarterly report: Q2 2026
MERLIN Properties SOCIMI has published its Q2 2026 quarterly earnings report on July 28, 2026.
MERLIN Properties SOCIMI Slides: Company presentation
MERLIN Properties SOCIMI has posted slides in relation to its latest quarterly earnings report, which was published on June 4, 2026.
Merlin Properties price target raised to EUR 19 from EUR 18.50 at JPMorgan
JPMorgan raised the firm’s price target on Merlin Properties (MRPRF) to EUR 19 from EUR 18.50 and keeps an Overweight rating on the shares, while placing the stock on Positive…
MERLIN Properties SOCIMI Earnings Call Transcript: Q1 2026
Revenue grew 11.2% year-over-year, driven by rent increases and data center expansion, while FFO per share declined due to dilution from a capital raise. Occupancy remains high across segments, and data centers are fueling future growth, with substantial revaluation expected in 1H.
MERLIN Properties SOCIMI Earnings release: Q1 2026
MERLIN Properties SOCIMI released its Q1 2026 earnings on May 14, 2026, summarizing the period's financial results.
MERLIN Properties SOCIMI Slides: FY 2026
MERLIN Properties SOCIMI has posted slides in relation to its FY 2026 quarterly earnings report, which was published on April 29, 2026.
Merlin Properties upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley upgraded Merlin Properties (MRPRF) to Overweight from Equal Weight with a EUR 16.50 price target The firm adjusted ratings in the European property space, saying real estate started…
Merlin Properties price target raised to EUR 18.50 from EUR 15.80 at JPMorgan
JPMorgan raised the firm’s price target on Merlin Properties (MRPRF) to EUR 18.50 from EUR 15.80 and keeps an Overweight rating on the shares.
Merlin Properties price target raised to EUR 17 from EUR 15 at Deutsche Bank
Deutsche Bank analyst Thomas Rothaeusler raised the firm’s price target on Merlin Properties (MRPRF) to EUR 17 from EUR 15 and keeps a Buy rating on the shares. Published first…
MERLIN Properties SOCIMI Transcript: CMD 2026
AI-driven demand is fueling rapid data center expansion in Iberia, with Phase III adding 412 MW and EUR 650 million in revenue, while a robust 5.1 GW pipeline supports long-term growth. The company leverages operational excellence, strong client relationships, and disciplined capital deployment.
MERLIN Properties SOCIMI Slides: FY 2026
MERLIN Properties SOCIMI has posted slides in relation to its FY 2026 quarterly earnings report, which was published on March 10, 2026.
MERLIN Properties SOCIMI Earnings Call Transcript: H2 2025
Record results driven by data centers and strong traditional asset performance, with high occupancy, robust rental growth, and significant value uplift. Outlook for 2026 is stable, with continued focus on data center expansion and prudent capital management.
MERLIN Properties SOCIMI Quarterly report: H2 2025
MERLIN Properties SOCIMI has published its H2 2025 quarterly earnings report on February 27, 2026.
MERLIN Properties SOCIMI Annual report: H2 2025
MERLIN Properties SOCIMI has published its H2 2025 annual report on February 27, 2026.
MERLIN Properties SOCIMI Slides: H2 2025
MERLIN Properties SOCIMI has posted slides in relation to its H2 2025 quarterly earnings report, which was published on February 27, 2026.
Merlin Properties price target raised to EUR 15 from EUR 13 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Merlin Properties (MRPRF) to EUR 15 from EUR 13 and keeps a Buy rating on the shares.
MERLIN Properties SOCIMI Earnings Call Transcript: Q3 2025
Gross rents and FFO per share rose year-over-year, with strong performance across all asset classes and stable occupancy. Data center expansion is progressing, though EU program delays and administrative hurdles pose risks. Phase III scope and funding will be detailed in February.
MERLIN Properties SOCIMI Earnings release: Q3 2025
MERLIN Properties SOCIMI released its Q3 2025 earnings on November 14, 2025, summarizing the period's financial results.
Merlin Properties price target raised to EUR 13.90 from EUR 11.90 at Citi
Citi analyst Aaron Guy raised the firm’s price target on Merlin Properties (MRPRF) to EUR 13.90 from EUR 11.90 and keeps a Neutral rating on the shares. Published first on…
MERLIN Properties SOCIMI Earnings Call Transcript: Q2 2025
Strong H1 2025 performance with 12.8% FFO growth, high occupancy, and robust rental increases across all segments. Data center expansion and asset revaluation drove GAV to €12.1 billion. Raised FFO guidance to €0.56 per share and proposed a higher dividend.