GPT GROUP (GPT)
Share Price Analysis and Chart

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GPT

GPT - GPT GROUP

FNArena Sector : Infra & Property Developers
Year End: December
GICS Industry Group : Real Estate
Debt/EBITDA: 8.51
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

The GPT Group is a Real Estate Investment Trust that owns, manages and develops retail assets, mainly high quality shopping centres across Australia. It was Australia's first ever property trust that publicly listed on the ASX back in 1971.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.05

19 Jun
2025

0.100

OPEN

$5.04

2.02%

HIGH

$5.07

10,894,884

LOW

$4.96

TARGET
$5.27

+0.02 change from previous day

 4.4% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
CMW . CWP . FRI . FWD . GMG . GOZ . LIC . LLC . MGR . PPC . SFC . SGP . SIO . UOS .
FNARENA'S MARKET CONSENSUS FORECASTS
GPT: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 10.5 32.7 xxx
DPS (cps) xxx 24.0 24.3 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx - 4.0% 1.0% xxx
PE Ratio xxx N/A 15.4 xxx
Dividend Yield xxx N/A 4.8% xxx
Div Pay Ratio(%) xxx N/A 74.3% xxx

Dividend yield today if purchased 3 years ago: 5.63%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.76

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: 28/12 - ex-div 12.5c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-10.5
DPS All xxxxxxxxxxxxxxx24.0
Sales/Revenue xxxxxxxxxxxxxxx992.4 M
Book Value Per Share xxxxxxxxxxxxxxx527.8
Net Operating Cash Flow xxxxxxxxxxxxxxx604.0 M
Net Profit Margin xxxxxxxxxxxxxxx-20.22 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-1.92 %
Return on Invested Capital xxxxxxxxxxxxxxx-1.35 %
Return on Assets xxxxxxxxxxxxxxx-1.26 %
Return on Equity xxxxxxxxxxxxxxx-1.92 %
Return on Total Capital xxxxxxxxxxxxxxx3.69 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-34.5 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx593 M
Long Term Debt xxxxxxxxxxxxxxx4,273 M
Total Debt xxxxxxxxxxxxxxx4,866 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx72 M
Price To Book Value xxxxxxxxxxxxxxx0.83

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx170.2 M
Capex % of Sales xxxxxxxxxxxxxxx17.15 %
Cost of Goods Sold xxxxxxxxxxxxxxx314 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx114 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx11,384 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

0.7

No. Of Recommendations

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

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

19/05/2025

1

Overweight

$5.67

12.28%

Morgan Stanley highlights the new Logistics Partnership between GPT Group and QuadReal, to be known as GQLT2, to hold mostly Sydney and Brisbane assets as 20/80 partners.

GQLT2 will have targeted assets of $960m and at the start GPT will transfer some $400m in assets into the joint venture. An additional $50m of core–non-core acquisitions are aimed for. QuadReal will contribute $400m for 80%, which infers to the analyst gearing of between 45%–50%.

The broker notes post the sell-down, Logistics will become the smaller segment of GPT's $12bn asset exposure with Retail at $4.9bn and Office at $3.6bn. The deal is viewed as a slight positive.

Morgan Stanley believes the injection of more capital partners across other segments could enhance the group's assets under management to over $85bn. Target $5.67. Overweight. Industry View: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY25 dividend of 24.00 cents and EPS of 32.20 cents.
Morgan Stanley forecasts a full year FY26 dividend of 24.60 cents and EPS of 32.70 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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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

11/06/2025

3

Neutral

$5.30

4.95%

Ahead of the FY25 (1H25 for GPT Group) reporting season in August, Jarden has marked-to-market the REIT sector to account for news flow, and the latest BBSW futures curve and risk-free rates.

Overall, the broker expects upbeat messages from the REITs, most likely to guide to an accelerating NTA and FFO growth.

In the case of GPT Group, the broker will be looking for updates on occupancy and lease metrics for office assets. Retail and logistics' occupancies are expected to be close to 100%, while net property income could surprise on the upside.

Neutral. Target lifted to $5.30 from $5.10.

FORECAST
Jarden forecasts a full year FY25 dividend of 24.00 cents and EPS of 32.80 cents.
Jarden forecasts a full year FY26 dividend of 24.90 cents and EPS of 34.00 cents.
Access Extra Coverage Research History >

GPT STOCK CHART

FNArena News on GPT

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