MERLIN Properties SOCIMI (MRL.MC) Stock Price

MERLIN Properties SOCIMI Price

Euronext·CLOSED
11.99
​
Market closed

Revenue has compounded at 12.4% per year over the past 15 years to 538.96 M EUR. Earnings per share have declined at 4.6% per year over the last 11 years. MERLIN Properties SOCIMI's net margin stands at 23.8%, down from 133.8% several years earlier. MERLIN Properties SOCIMI currently offers a dividend yield of about 3.34%. The payout ratio is around 176% of earnings. The dividend has grown at 17.9% per year over the past 10 years. Analysts set a median price target of 15.30 EUR, implying 27.6% above the current price. Of 26 analysts, 23 rate the stock a buy — an overall Buy consensus.

MERLIN Properties SOCIMI stock price

Access this data via the Eulerpool API

MERLIN Properties SOCIMI business model & stock analysis

MERLIN Properties SOCIMI SA is a leading company in Spain in the field of real estate investments and development. It is a publicly traded company based in Madrid and was founded in 2014. Since its establishment, the company has become one of the largest owners of commercial assets in Spain and is now expanding internationally. MERLIN Properties operates a business model based on three pillars: commercial property rental, development, and hospitality. The company is a Real Estate Investment Trust (REIT) specializing in raising capital from investors to acquire commercial properties that offer good returns. MERLIN Properties' commercial property rental division includes office, retail, industrial, and logistics properties. The company's portfolio includes more than 1,300 properties with a total area of over 13 million square meters. The company has a wide range of tenants, from multinational companies to local retailers, from small start-ups to large industrial companies. With its extensive portfolio, MERLIN Properties can offer its customers various solutions and services to meet their needs. MERLIN Properties' development division specializes in the development of new properties. The company plans and builds customized properties to meet the needs and requirements of customers. Whether it is office, retail, industrial, or logistics properties, MERLIN Properties can deliver it. The company has extensive experience in property development and can assist its customers from planning to implementation. MERLIN Properties also has a hospitality division where it operates hotels, resorts, and other tourist facilities. The company has a wide range of hotels throughout Europe, ranging from budget to luxury accommodations. MERLIN Properties also has experience in managing hotels that yield high returns and provide valuable experiences to its investors and customers. Overall, MERLIN Properties offers its customers a wide range of services and solutions to meet their needs. The company is able to offer customized solutions to meet the needs of customers, whether it is through property rental, development of new properties, or provision of hotel and tourism services. The success story of MERLIN Properties is based on its ability to quickly adapt to market needs and adjust its services and products accordingly. The company has a strong market position in Spain and is now focused on expanding into other European countries. With a strong management team and a successful strategy, MERLIN Properties will certainly remain a significant player in the market in the coming years.

Frequently asked questions about MERLIN Properties SOCIMI

MERLIN Properties SOCIMI SA primarily operates in Spain, focusing on the acquisition and management of prime commercial real estate assets.

The business model of MERLIN Properties SOCIMI SA is focused on real estate investment and management. As a leading real estate company in Spain, MERLIN Properties specializes in acquiring, developing, and operating commercial properties, including office buildings, shopping centers, and logistics facilities. The company generates revenue through rental income from its diverse portfolio of high-quality properties located across prime locations in Spain. MERLIN Properties utilizes its expertise in real estate to provide attractive investment opportunities for both domestic and international investors. The company's strategic approach and strong market presence contribute to its sustainable growth and long-term success in the real estate industry.

MERLIN Properties SOCIMI SA is primarily active in the real estate industry.

Some of the main competitors of MERLIN Properties SOCIMI SA in the market include companies like Colonial, Lar España, and Unibail-Rodamco-Westfield.

MERLIN Properties SOCIMI SA is a leading real estate investment trust (REIT) based in Spain. Founded in 2014, the company focuses on acquiring and managing prime commercial properties across various sectors, including office buildings, shopping centers, and logistics facilities. With a strong track record of strategic investments and value creation, MERLIN Properties has become one of the largest REITs in Europe. The company is known for its high-quality portfolio, efficient management practices, and commitment to sustainability. MERLIN Properties SOCIMI SA's successful history and expertise in the real estate sector have positioned it as a trusted choice for investors seeking exposure to the Spanish market.

MERLIN Properties SOCIMI SA has achieved several significant milestones since its inception. The company successfully completed its IPO in June 2014, making it the first and largest real estate investment trust listed on the Spanish stock exchange. In 2016, MERLIN Properties acquired Testa, a leading office REIT in Spain, solidifying its position as a key player in the real estate market. Additionally, the company has continually expanded its portfolio by acquiring prime assets across various sectors, including offices, logistics, and shopping centers. With a strong focus on sustainability and innovation, MERLIN Properties has received several recognitions for its environmental, social, and governance practices.

MERLIN Properties SOCIMI SA represents a strong commitment to delivering value and providing excellent real estate investment opportunities. With a corporate philosophy focused on sustainable growth and long-term value creation, MERLIN Properties SOCIMI SA aims to enhance the communities where it operates, generating positive economic and social impact. The company emphasizes transparency, integrity, and responsible management, striving to build lasting relationships with stakeholders. As one of the leading real estate companies in Spain, MERLIN Properties SOCIMI SA recognizes the importance of innovation and adaptability in the evolving market. Through its diverse portfolio and strategic approach, the company continues to position itself as a trusted and reliable partner for investors.

Analysts currently set an average price target of 15.30 EUR for the MERLIN Properties SOCIMI stock (median: 15.30 EUR), implying +27.6 % versus the latest price. The consensus is based on 26 analyst ratings.

26 analysts currently rate the MERLIN Properties SOCIMI stock: 23 recommend buying, 3 holding and 0 selling. For 2026, analysts expect MERLIN Properties SOCIMI to generate revenue of 610.52 M EUR and earnings per share of 0.53 EUR.

The MERLIN Properties SOCIMI share (MRL.MC) is listed on 10 stock exchanges, including: London (0QVM.L), Frankfurt (MEQA.F), München (MEQA.MU), Düsseldorf (MEQA.DU), Wien (MERL.VI), Madrid (MRL.MC).

MERLIN Properties SOCIMI SA is a real estate investment and services company based in Spain. It focuses on various segments of the real estate industry, including the purchase, management, renting, and development of commercial and residential properties. It has a portfolio of 230 properties in Spain and Portugal, including retail, office, logistics, and industrial properties, as well as hotels and resorts. The company offers a range of real estate products and services, including office spaces, retail properties, logistics properties, and residential properties. It provides services such as management, renting, and maintenance of these properties. Its clients include national and international companies in need of office spaces, retailers operating in retail properties, and logistics companies requiring storage and distribution centers. MERLIN Properties SOCIMI SA continuously invests in new real estate products and services to expand its portfolio and improve its offerings to customers. It has successfully conducted various real estate transactions, including acquisitions and sales, to adjust and optimize its portfolio. In summary, MERLIN Properties SOCIMI SA offers a wide range of real estate products and services to national and international clients. It operates in different segments of the real estate industry and has a strong portfolio of properties in Spain and Portugal. The company continuously invests in its business for future growth and success.

The expected revenue of MERLIN Properties SOCIMI is 610.52 M EUR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of MERLIN Properties SOCIMI is 300.08 M EUR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of MERLIN Properties SOCIMI is currently 22.48. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the MERLIN Properties SOCIMI stock.

The price-to-sales ratio (P/S) of MERLIN Properties SOCIMI is currently 11.05. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the MERLIN Properties SOCIMI stock.

The Eulerpool Quality Score for MERLIN Properties SOCIMI is 3/10.

The ISIN of MERLIN Properties SOCIMI is ES0105025003. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of MERLIN Properties SOCIMI is A116WC. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of MERLIN Properties SOCIMI is MRL.MC. The ticker symbol is used to trade MERLIN Properties SOCIMI shares on the stock exchange.

Fair ValueTerminal
12.11 EUR
Over-/UndervaluationTerminal
Fairly valued
Industry
Equity REITs
Number of shares
Employees
Revenue per Employee
2.45 M EUR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
EUR
Initial public offering
Jun 30, 2014
ISIN
ES0105025003
Cusip
E7390Z100
Sedol
BNGNB77
Market capitalization
6.75 B EURMid Cap
52-Week Range
PEG
7.29
P/E ratio
P/Ee 2026
22.48
P/Ee 2027
21.54
P/Ee 2028
18.75
P/Ee 2029
17.01
P/Ee 2030
—
P/Se
11.05
EV/EBIT
40.12
P/B Ratio
0.84
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
0.98 %
Dividend
Dividend yield
3.34 %
Est. Dividend Yield
0.25 %
Payout Ratio
175.89 %
Dividend growth Ø5Y
22.15 %
Dividend payments per year
2
Dividend paid since
11 years
Dividend not reduced since
1 year
Dividend increased since
1 year
Dividend withholding tax
19.00 %
Last updated Oct 12, 2026, 4:14 AM

MERLIN Properties SOCIMI Ticker

BME · MRL.MCDÜSSELDORF · MEQA.DUEURONEXT · MRL.MCFRANKFURT · MEQA.FLISBON · MRL.LSLONDON · 0QVM.LMADRID · MRL.MCMUNICH · MEQA.MUOTC · MRPRFVIENNA · MERL.VI

MERLIN Properties SOCIMI FIGI

MRL:SM · BBG006N6P036MRL:SQ · BBG006N6P090MRLEUR:EO · BBG006QSN402MRLEUR:XH · BBG006QSN439MRLEUR:XF · BBG006QSN457MRLEUR:XE · BBG006QSN475MRLEUR:XJ · BBG006QSN484MRLEUR:XL · BBG006QSN493MRLEUR:XG · BBG006QSN4B0MRLEUR:XO · BBG006QSN4C9MRLEUR:XS · BBG006QSN4H4MRLEUR:XA · BBG006QSN4J2