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Cairn Homes PLC
LSE:CRN

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Cairn Homes PLC
LSE:CRN
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Price: 187 GBX 0.32% Market Closed
Market Cap: £1.2B

CRN's latest stock split occurred on Mar 23, 2016

The company executed a 863-for-860 stock split, meaning that for every 860 shares held, investors received 863 new shares.

Before the split, CRN traded at 102.9095 per share. Afterward, the share price was about 103.3818.

The adjusted shares began trading on Mar 23, 2016. This was the only stock split in CRN's history.

Last Splits:
Mar 23, 2016
863-for-860
Pre-Split Price
102.3507 102.9095
Post-Split Price
103.3818
Before
After
Last Splits:
Mar 23, 2016
863-for-860

Cairn Homes PLC
Stock Splits History

CRN Stock Splits Timeline
Mar 23, 2016
Mar 23, 2016
Split 863-for-860
x1.003488372093
Pre-Split Price
102.3507 102.9095
Post-Split Price
103.3818
Before
After

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Cairn Homes PLC
Glance View

Market Cap
1.2B GBX
Industry
Consumer products

Cairn Homes PLC, a beacon in the Irish residential property sector, has carved out a reputation for itself through its strategic focus on high-quality homebuilding. Born in 2015, the company emerged during a time when Ireland's housing market was in desperate need of rejuvenation after the financial crisis. Cairn Homes seized this opportunity by leveraging its deep understanding of market dynamics and regulatory landscapes, prioritizing developments primarily in and around the Greater Dublin Area. With a formidable team of experienced professionals, the company meticulously selects prime land parcels, often overlooked by competitors, and turns them into vibrant residential communities. Their focus on detail—encompassing everything from sustainable construction practices to superior architectural design—ensures that each home not only meets but exceeds the expectations of modern homebuyers. The financial architecture of Cairn Homes PLC is equally robust, rooted in a business model that capitalizes on the lucrative homebuilding process. The company’s income stream is largely driven by the sale of newly constructed homes directly to homeowners and, increasingly, institutional investors looking to diversify their portfolios with residential assets. Cairn Homes meticulously manages each project from land acquisition through planning, construction, and finally to sale, enabling them to capture maximum value at every step. By continuously refining its operations and harnessing market insights, Cairn Homes PLC maintains healthy profit margins and achieves compelling economies of scale. This meticulous approach ensures steady cash flow, while also aligning with the broader societal goal of addressing Ireland’s housing shortfall.

CRN Intrinsic Value
301.67 GBX
Undervaluation 38%
Intrinsic Value
Price GBX187
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