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Mirvac Group (AU:MGR)
ASX:MGR
Mirvac Group (MGR) Share Price & Analysis
15 Followers
MGR Stock Chart & Stats
Day’s RangeAU$0 - AU$0
52-Week RangeAU$1.72 - AU$2.34
Previous CloseAU$1.86
Volume6.15M
Average Volume (3M)14.24M
Market Cap
AU$7.34B
Enterprise ValueAU$11.14B
Total Cash (Recent Filing)AU$558.00M
Total Debt (Recent Filing)AU$4.29B
Price to Earnings (P/E)―
Beta1.10
Next Earnings
Aug 08, 2024EPS Estimate
AU$0.07Last Dividend Ex-Date
Jun 27, 2024Dividend Yield5.53%
Share Statistics
EPS (TTM)-0.15
Shares Outstanding3,945,860,217
10 Day Avg. Volume17,451,579
30 Day Avg. Volume14,238,291
Standard Deviation0.07
R-Squared0.58
Alpha0.00296
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$2.23Price Target Upside20.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Mirvac Group News
PremiumCompany Announcements
Mirvac Group Announces New Distribution Payout
PremiumCompany Announcements
Mirvac Group Announces Cessation of Securities
PremiumCompany Announcements
Mirvac Group’s Engagement with Community and Culture
PremiumCompany Announcements
Mirvac Group Announces Director Departure
Options Prices
Currently, No data available
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Ownership Overview
0.67% Insiders
5.26% Mutual Funds
9.93% Other Institutional Investors
84.15% Public Companies and
Individual Investors
MGR FAQ
What was Mirvac Group’s price range in the past 12 months?
Mirvac Group lowest share price was AU$1.72 and its highest was AU$2.34 in the past 12 months.
What is Mirvac Group’s market cap?
Currently, no data Available
When is Mirvac Group’s upcoming earnings report date?
Mirvac Group’s upcoming earnings report date is Aug 08, 2024 which is in 35 days.
How were Mirvac Group’s earnings last quarter?
Mirvac Group released its earnings results on Feb 07, 2024. The company reported AU$0.064 earnings per share for the quarter, beating the consensus estimate of AU$0.048 by AU$0.016.
Is Mirvac Group overvalued?
According to Wall Street analysts Mirvac Group’s price is currently Undervalued.
Does Mirvac Group pay dividends?
Mirvac Group pays a Annually dividend of AU$0.06 which represents an annual dividend yield of 5.53%. See more information on Mirvac Group dividends here
What is Mirvac Group’s EPS estimate?
Mirvac Group’s EPS estimate is AU$0.07.
How many shares outstanding does Mirvac Group have?
Mirvac Group has 3,945,860,000 shares outstanding.
What happened to Mirvac Group’s price movement after its last earnings report?
Mirvac Group reported an EPS of AU$0.064 in its last earnings report, beating expectations of AU$0.048. Following the earnings report the stock price went up 4.679%.
Which hedge fund is a major shareholder of Mirvac Group?
Currently, no hedge funds are holding shares in AU:MGR
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Mirvac Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$2.23 (20.38% Upside)
AU$2.23 (20.38% Upside)
Blogger Sentiment
Bullish
AU:MGR Sentiment 83%
Sector Average 64%
Sector Average 64%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-17.60%
12-Months-Change
Fundamentals
Return on Equity
-5.35%
Trailing 12-Months
Asset Growth
-3.82%
Trailing 12-Months
Company Description
Mirvac Group
Mirvac's strategy is to derive 80% of net profit after tax from direct office and retail investments, which are held in Mirvac Property Trust. Development activities make up the balance and consist of premium residential apartments and master-planned communities. This division also provides services and develops assets specifically for sale to Mirvac Property Trust and external strategic partners, generating earnings and releasing capital from the sale of equity stakes in projects. A strategic focus to June 2021 is to hold the amount of capital allocated to development activities around AUD 1.8 billion. Additional capital is planned to be deployed to passive rent-generating assets, predominantly Mirvac-developed office and industrial properties.
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MGR Stock 12 Month Forecast
Average Price Target
AU$2.23
▲(20.38% Upside)
Technical Analysis
Boston Properties
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Apartment Investment & Management
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Equity Residential
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Mirvac Group
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Hudson Pacific Properties
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Best Analysts Covering MGR
1 Year
1 Year Success Rate
9/16 ratings generated profit
1 Year Average Return
+5.77%
reiterated a sell rating 8 months ago
Copying James Druce's trades and holding each position for 1 Year would result in 56.25% of your transactions generating a profit, with an average return of +5.77% per trade.
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