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Mr Price Group Ltd (JSE: MRP) | Share Price

Nigel Firth
Nigel Frith trader
Updated 2 Sep 2022

Mr Price Group Ltd is a cash-based, omni-channel, fashion-value retailing company listed on the Johannesburg Stock Exchange (JSE) that retails its own-branded merchandise, at everyday low prices and predominantly in South Africa.

Latest Mr Price Group Ltd Share Price

The graph above shows the latest Mr Price Group Ltd share price on the Johannesburg Stock Exchange. Investors have seen Mr Price Group Ltd shares perform well historically, and it remains a steady investment. Mr Price Group Ltd stock is live on the JSE under the stock symbol of MRP and is available to trade via various brokers in South Africa.

What is Mr Price Group Ltd

The history of Mr Price Group Ltd can be traced back to 1985 when it was founded. Mr Price opened in 1987 after the owners bought a controlling interest in John Orrs Holdings, whose trading divisions at the time were The Hub and Miladys. Currently their trading divisions are Mr Price, Miladys, Mr Price Sport, Mr Price Home and Sheet Street.

Today, Mr Price Group Ltd has a diversified portfolio of products and services in more sectors of the Consumer Services value chain and operates through Apparel, Home, Financial Services and Cellular, and Central Services segments. The Apparel segment retails clothing, sportswear, footwear, sporting equipment and accessories. The Home segment retails homewares and furniture. The Financial Services and Cellular segment provides financial products and services as well as cellular services. The Central Services segment provides services to the trading segments including information technology, internal audit, governance and legal, human resources, group real estate and finance solutions.

Mr Price Group Ltd’s equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol MRP.

Mr Price Group Ltd has its headquarters at Upper Level, North Concourse, 65 Masabalala Yengwa Avenue, Durban, 4001.

Mr Price Group Ltd has more than 19 700 employees.

The company currently serves clients mostly in Southern Africa.

The current CEO of Mr Price Group Ltd is Mark M. Blair.

Mr Price Group Ltd forms part of the Consumer Services sector, specifically, the General Retailers industry of the Johannesburg Stock Exchange (JSE).


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Mr Price Group Ltd Stock Performance

The most recent or current price for Mr Price Group Ltd stocks on the Johannesburg Stock Exchange (JSE) was 204.81 ZAR at the time of writing.

An analysis of financial data of Mr Price Group Ltd showed that the company has a total market capitalisation of 54.1 Billion ZAR, with a Price/Earning ratio of 17.31 and earnings per share of 11.8320 ZAR.

The dividend per share of MRP was 7.45 ZAR and its dividend yield was 3.64%. A total of 264 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Mr Price Group Ltd stocks can be hopeful for lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Mr Price Group Ltd, analysts forecast a possible further improved performance for the Consumer Services sector with market share growing as trading volumes increase.

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Highlights of Mr Price Group Ltd in 2021

Mr Price Group Ltd started the current financial year (2021) with a share price of 199.50 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 2.66 % in value on its price valuation, ranking 115th on the JSE with its year-to-date performance.

Mr Price Group Ltd is currently the 78th most-traded stock on the JSE and it has experienced a total trading volume of more than 61.2 million shares, which were finalised in 261,519 deals and were valued at a total of 12.3 billion ZAR over a recent three month period from October 2021 to January 2022, with an average of 970,836 shares in each trading session.

During the same period a volume high of 2.76 million was achieved on November 25 and a low of 94,522 on December 24.

How to buy Mr Price Group Ltd stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participating daily. To buy, sell or trade Mr Price Group Ltd stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “MRP”.
  2. Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

FAQs

The Johannesburg Stock Exchange (JSE) was founded in 1887 during the first South African gold rush. Today it is the principal stock exchange of South Africa and the largest exchange on the continent.

The Johannesburg Stock Exchange is located in Sandton, Johannesburg and is described as the engine room of the South African economy, with the main purpose of facilitating the raising of primary capital for listed companies while improving job opportunities and wealth creation by providing an orderly market for dealing in securities for investors.

The JSE upgraded to electronic trading in 1996, and in 2005, demutualized and listed on its own exchange.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.