REGIS HEALTHCARE LIMITED (REG)
Share Price Analysis and Chart

30/04/2026

1

Buy

$8.60

27.98%

Ord Minnett notes the Commonwealth has released its independent review of residential aged care accommodation pricing and announced a $3bn funding package to be included in the May budget.

The broker finds the most material recommendations include an updated accommodation supplement framework and deregulation of the DAP (daily accommodation payment) rate.

Accommodation funding is becoming the primary driver of returns in the medium term, the broker adds, driven by RAD (refundable accommodation deposit) retention and higher DAP income.

Buy rating retained. Target rises to $8.60 from $8.40.

FORECAST
Ord Minnett forecasts a full year FY26 dividend of 17.30 cents and EPS of 18.10 cents.
Ord Minnett forecasts a full year FY27 dividend of 24.30 cents and EPS of 24.20 cents.

22/06/2026

3

Downgrade to Neutral from Overweight

$7.50

11.61%

Jarden downgrades Regis Healthcare to Neutral from Overweight with its target price decreased to $7.50 following a regulatory review of recent sector legislative shifts.

Industry channel checks reveal that initial adoption rates for the Higher Everyday Living Fee voluntary package remain less robust than previously modeled, as macro cost-of-living pressures prompt incoming residents to opt out.

The analyst notes this operational headwind is further compounded by a delayed implementation timeline for federal accommodation supplement increases, which are deferred to March 2027 due to government software bottlenecks.

Revisions drive a -11.3% reduction to FY27 diluted EPS forecasts and a -14.3% drop for FY28 to encapsulate the slowed funding transitions.

Commentary concludes long-term corporate value remains supported by severe macro bed supply deficits, which will eventually catalyse structural accommodation pricing power once immediate legislative head-winds clear.

FORECAST
Jarden forecasts a full year FY26 dividend of 18.00 cents and EPS of 18.40 cents.
Jarden forecasts a full year FY27 dividend of 20.60 cents and EPS of 23.50 cents.