Overview
Scentre Group gives investors exposure to a substantial portfolio of Westfield shopping destinations across Australia and New Zealand. Its scale and 5.31% dividend yield are notable, but the latest figures also show contracting revenue and a share price below its 50-day and 200-day moving averages. At A$3.35, the stock is toward the lower end of its A$3.20–A$4.07 52-week range, putting portfolio income, retail conditions and property-market risks in focus.
Scentre Group is an Australian real estate investment trust focused on retail property. It owns 42 Westfield destinations across Australia and New Zealand, encompassing approximately 12,000 outlets. Its scale and concentration in major shopping destinations tie its performance to tenant demand, consumer activity and the ongoing appeal of physical retail. The group’s market capitalisation is A$17.5 billion, and its supplied trailing revenue is A$2.6 billion.
Key facts
- Ticker
- SCG
- Exchange
- AU
- ISIN
- AU000000SCG8
- Sector
- Real Estate
- Industry
- REIT – Retail
- Country
- Australia
- Currency
- AUD
- Price
- A$3.43
- Previous close
- A$3.40
- Day change
- +A$0.03 (+0.88%)
- Market cap
- 17.9B
- 52W low
- A$3.20
- 52W high
- A$4.07
Price and trend
Last price: A$3.43
- Price
- A$3.43
- 52W range
- A$3.20 – A$4.07
- 50-day SMA
- A$3.61
- 200-day SMA
- A$3.75
- Price vs 50D SMA
- -4.92%
- Price vs 200D SMA
- -8.46%
Valuation
- P/E
- 9.03
- PEG
- 8.80
- EPS
- 0.38
- Dividend yield
- 5.32%
- Beta
- 0.90
SCG is priced at A$3.35, with a supplied price-to-earnings ratio of 8.82 and PEG ratio of 8.80. Those figures offer valuation context, but should be read alongside the recent -8.30% revenue growth and the particular accounting and asset characteristics of a property group. The 5.31% dividend yield may appeal to investors assessing income, but it is not assured. A supplied target price of A$4.03 represents 20.24% from the last price; this is secondary context, not a forecast or guarantee.
Profitability and growth
- Revenue growth
- -8.30%
- Revenue TTM
- 2.6B
- Profit margin
- 76.53%
Analyst view
Comparison uses the last price shown; targets are analyst estimates.
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- Price
- A$3.43
- Target price
- A$4.03
- Target vs last price
- 17.43% from last price
The business combines a large portfolio of established retail destinations with exposure to changing consumer and retail conditions. The supplied figures present a mixed picture: a 5.31% dividend yield and 76.53% profit margin sit alongside revenue growth of -8.30%. The margin should be considered in the context of a property business, where reported profit measures may not tell the whole story about recurring property income or cash available for distributions. The share price is below both supplied moving averages, adding a cautious technical note to the fundamental picture.
Risks
Scentre Group’s fortunes are closely linked to the performance of its retail destinations. Weaker consumer spending, lower tenant demand or pressure on retailers could affect leasing conditions and property income. As a property group, it is also exposed to changes in interest rates, financing costs and property valuations. The supplied revenue growth is -8.30%, while the share price sits below both its 50-day and 200-day moving averages; these factors add to the uncertainty around near-term performance. The 5.31% dividend yield is a snapshot, not a guarantee of future distributions.
FAQ
What does Scentre Group own?
Scentre Group owns 42 Westfield destinations across Australia and New Zealand, encompassing approximately 12,000 outlets.
What is Scentre Group’s dividend yield?
The supplied dividend yield is 5.31%, with a dividend-per-share figure of A$0.181. These figures do not indicate that future payments or yields are guaranteed.
How is SCG trading relative to its recent range and moving averages?
At A$3.35, SCG is within its 52-week range of A$3.20 to A$4.07 and below both its 50-day moving average of A$3.65 and 200-day moving average of A$3.76.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
