SCENTRE GROUP (SCG)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

SCG

SCG - SCENTRE GROUP

FNArena Sector : REITs
Year End: December
GICS Industry Group : Real Estate
Debt/EBITDA: N/A
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Scentre Group was formed in 2014 through the merger of Westfield Retail Trust and Westfield Group's Australian and New Zealand management business. The company owns, manages and develops Westfield shopping centres in Australia and New Zealand.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.71

30 Apr
2026

0.060

OPEN

$3.71

1.64%

HIGH

$3.71

15,235,095

LOW

$3.66

TARGET
$3.948 6.4% upside
OTHER COMPANIES IN THE SAME SECTOR
ABG . AOF . ARF . ASK . BWP . CDP . CDP . CHC . CIP . CLW . COF . CQE . CQR . DGT . DXC . DXI . DXS . GDF . GDI . HCW . HDN . NSR . PLG . REP . RFF . RGN . VCX . WOT . WPR .
FNARENA'S MARKET CONSENSUS FORECASTS
SCG: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 34.2 23.5 xxx
DPS (cps) xxx 17.7 18.4 xxx
EPS Growth xxx 68.9% - 31.2% xxx
DPS Growth xxx 3.0% 3.8% xxx
PE Ratio xxx N/A 16.0 xxx
Dividend Yield xxx N/A 4.9% xxx
Div Pay Ratio(%) xxx 51.9% 78.3% xxx

Dividend yield today if purchased 3 years ago: 6.31%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.70

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 14/08 - (franking ex-div 8.82c)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx34.2
DPS All xxxxxxxxxxxxxxx17.7
Sales/Revenue xxxxxxxxxxxxxxx2,685.0 M
Book Value Per Share xxxxxxxxxxxxxxx362.1
Net Operating Cash Flow xxxxxxxxxxxxxxx1,027.9 M
Net Profit Margin xxxxxxxxxxxxxxx66.24 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx9.64 %
Return on Invested Capital xxxxxxxxxxxxxxx5.59 %
Return on Assets xxxxxxxxxxxxxxx4.96 %
Return on Equity xxxxxxxxxxxxxxx9.64 %
Return on Total Capital xxxxxxxxxxxxxxx5.26 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx160.3 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx2,594 M
Long Term Debt xxxxxxxxxxxxxxx12,434 M
Total Debt xxxxxxxxxxxxxxx15,029 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx529 M
Price To Book Value xxxxxxxxxxxxxxx1.16

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx17.8 M
Capex % of Sales xxxxxxxxxxxxxxx0.66 %
Cost of Goods Sold xxxxxxxxxxxxxxx772 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx97 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx30,890 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

3

xxxxxxx xx xxxxxxx xxxx xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

24/04/2026

2

Accumulate

$3.90

5.12%

Ord Minnett reviews the property sector coverage to incorporate at least two further increases in official interest rates in 2026 and consequent changes to commercial rates.

The 90-day bank bill swap rate in its model is now expected to peak at 4.65% compared with 4.20% previously. Higher interest rates are expected to drive the weighted average cost of debt up to 5.7% for FY29.

Across the sector the broker envisages the most risk of "absolute cuts in distributions per security" will come from those groups with low WACD but also stretched payout ratios that leave only a narrow safety margin.

Accumulate rating maintained for Scentre Group. Target edges down to $3.90 from $3.95.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

22/04/2026

2

Upgrade to Overweight from Neutral

$3.92

5.66%

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to "stand in front of increasing interest rates" sufficient conservatism has been priced into the sector, Jarden asserts.

Scentre Group's rating is upgraded to Overweight from Neutral and the target is reduced to $3.92 from $4.15.

FORECAST
Jarden forecasts a full year FY26 dividend of 18.40 cents and EPS of 23.90 cents.
Jarden forecasts a full year FY27 dividend of 18.80 cents and EPS of 23.90 cents.
Access Extra Coverage Research History >

SCG STOCK CHART

FNArena News on SCG

Latest REITs News

1
Australian Listed Real Estate Tables – 06-06-2022

Jun 06 2022 - Weekly Reports
2
Australian Listed Real Estate Tables – 30-05-2022

May 30 2022 - Weekly Reports
3
Australian Listed Real Estate Tables – 23-05-2022

May 23 2022 - Weekly Reports
4
Australian Listed Real Estate Tables – 16-05-2022

May 16 2022 - Weekly Reports
5
Australian Listed Real Estate Tables – 09-05-2022

May 09 2022 - Weekly Reports
6
Australian Listed Real Estate Tables – 03-05-2022

May 03 2022 - Weekly Reports
7
Australian Listed Real Estate Tables – 26-04-2022

Apr 26 2022 - Weekly Reports
8
Australian Listed Real Estate Tables – 19-04-2022

Apr 19 2022 - Weekly Reports
9
Australian Listed Real Estate Tables – 11-04-2022

Apr 11 2022 - Weekly Reports
10
Australian Listed Real Estate Tables – 04-04-2022

Apr 04 2022 - Weekly Reports