Merlin Properties stock: At EUR 11.71, Merlin Properties stock gains 4.00 percent

Published on 10/21/2026 at 15:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies set a EUR 16.00 target on October 19, 2026. Merlin Properties stock costs EUR 11.71 on October 21, 2026, up 4.00 percent versus the Xetra close.

Merlin rises 4.00 percent

Jefferies reiterated a EUR 16.00 target on October 19, 2026.
Merlin Properties is scheduled to publish nine-month results on November 13, 2026.
Merlin Properties stock costs EUR 11.71 at Lang & Schwarz on October 21, 2026 at 3:13 p.m. CEST, 4.00 percent above the Xetra close of October 20, 2026, and 26.45 percent below the 52-week high.

Merlin Properties, ES0105025003, Illustration mit AI erstellt.

Merlin Properties (ISIN ES0105025003) stock gained 4.00 percent against the Xetra close of October 20, 2026, putting the real estate company at EUR 11.71 at Lang & Schwarz on October 21, 2026 at 3:13 p.m. CEST. Merca2 reported on October 19, 2026 that Jefferies reiterated a Buy rating and a EUR 16.00 price target. The target is 36.64 percent above the Lang & Schwarz price.

Jefferies weighs data center risk

Jefferies analyst Stephanie Dossmann described CoreWeave exposure as a risk, while citing contractual guarantees, installed equipment and scarce connected power as potential protections, according to Merca2. The same report said CoreWeave represented 8.60 percent of Merlin's first-half 2026 revenue. That concentration makes the November reporting date important for the market's view of the data center portfolio.

Stock below its yearly high

At EUR 11.71 at Lang & Schwarz on October 21, 2026 at 3:13 p.m. CEST, Merlin Properties stood EUR 0.53 above its 52-week low of EUR 11.18 and EUR 4.21 below its 52-week high of EUR 15.92. The resulting distances were 4.74 percent above the low and 26.45 percent below the high. Volume was 752,869 shares as of October 21, 2026 at 3:05 p.m. CEST.

Valuation and reporting date

Merlin Properties had a market capitalization of EUR 7.3 billion and a price-to-earnings ratio of 8.32 as of October 21, 2026 at 3:05 p.m. CEST. The trailing dividend yield was 2.00 percent. The next reporting date is November 13, 2026, when Merlin Properties is scheduled to publish results for the first nine months of 2026, as reported by Merca2.

Comparison with peers

Merlin Properties: up 4.00 percent, P/E 8.32, market capitalization EUR 7.3 billion.

Vonovia SE (Xetra, EUR): up 1.36 percent, P/E 3.69, market capitalization EUR 14.2 billion as of October 21, 2026 at 3:04 p.m. CEST.

Grand City Properties (Xetra, EUR): up 6.66 percent, P/E 3.22, market capitalization EUR 1.3 billion as of October 21, 2026 at 3:00 p.m. CEST.

Historical operating baseline

For historical context, the company's first-quarter 2025 release reported revenue of EUR 138.0 million, EBITDA of EUR 102.0 million and FFO of EUR 84.2 million, with FFO up 16.90 percent from the same period of 2024. The release also reported 96.70 percent occupancy and a 28.50 percent loan-to-value ratio on March 31, 2025, according to Merlin Properties.

Price after the Xetra close

Merlin Properties stock was trading at EUR 11.71 at Lang & Schwarz on October 21, 2026 at 3:13 p.m. CEST, 4.00 percent above the Xetra close of October 20, 2026 at EUR 11.26. The stock remained 26.45 percent below its 52-week high of EUR 15.92. The further course of trading is shown by the continuously updated real-time quote of Merlin Properties stock.