Overview
Mirvac Group (ASX: MGR) gives investors exposure to Australian real estate through an integrated asset creation and curation business focused on four major cities. Its reported revenue growth and profit margin offer a view of current operating performance, while property-market conditions, valuation and distribution sustainability remain important considerations.
Mirvac Group is an Australian diversified real estate group with integrated asset creation and curation capabilities. Its focus is on Sydney, Melbourne, Brisbane and Perth, giving investors exposure to property activity across several major Australian markets. Revenue was A$3.0B, with growth of 2.70%, and the reported profit margin was 22.79%.
Key facts
- Ticker
- MGR
- Exchange
- AU
- ISIN
- AU000000MGR9
- Sector
- Real Estate
- Industry
- REIT – Diversified
- Country
- Australia
- Currency
- AUD
- Price
- A$1.78
- Previous close
- A$1.79
- Day change
- -A$0.01 (-0.56%)
- Market cap
- 6.9B
- 52W low
- A$1.56
- 52W high
- A$2.34
Price and trend
Last price: A$1.78
- Price
- A$1.78
- 52W range
- A$1.56 – A$2.34
- 50-day SMA
- A$1.80
- 200-day SMA
- A$1.82
- Price vs 50D SMA
- -0.98%
- Price vs 200D SMA
- -2.33%
Valuation
- P/E
- 10.47
- PEG
- 1.74
- EPS
- 0.17
- Dividend yield
- 5.31%
- Beta
- 0.91
Mirvac’s reported P/E ratio of 10.47 provides one reference point for valuation, although a single earnings multiple may not capture the full picture for a property group, where asset values and market conditions matter. The shares were priced at A$1.78, within a 52-week range of A$1.56 to A$2.34. The 5.31% dividend yield is notable, but distributions and yield can vary.
Profitability and growth
- Revenue growth
- 2.70%
- Revenue TTM
- 3.0B
- Profit margin
- 22.79%
Analyst view
Comparison uses the last price shown; targets are analyst estimates.
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- Price
- A$1.78
- Target price
- A$2.11
- Target vs last price
- 18.74% from last price
The supplied target price is A$2.11, or 18.74% from the last price of A$1.78. This is secondary context rather than a forecast: target prices are estimates and can change as assumptions about property values, market conditions and earnings evolve.
Risks
Mirvac’s performance is exposed to property-market conditions across its key Australian cities. Real estate groups can also be affected by interest rates, financing costs, asset valuations, development activity and demand for property. The supplied figures show modest revenue growth of 2.70%, while the share price sat below both its 50-day and 200-day moving averages; neither measure alone determines future performance.
FAQ
What does Mirvac Group do?
Mirvac is an Australian real estate group with integrated asset creation and curation capabilities, focused on Sydney, Melbourne, Brisbane and Perth. It is classified as a diversified REIT.
What dividend yield is shown for Mirvac?
The supplied figures show a dividend yield of 5.31% and a dividend per share of A$0.095. Yield can change as the share price and distributions change.
How is Mirvac shares’ recent price positioned?
At A$1.78, the shares were within their 52-week range of A$1.56 to A$2.34. The price was 0.98% below the 50-day moving average and 2.33% below the 200-day moving average.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
