STOCKLAND (SGP)
Share Price Analysis and Chart

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SGP

SGP - STOCKLAND

FNArena Sector : Infra & Property Developers
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 6.74
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Stockland is a diversified Australian property development company, owning, developing and managing shopping centres, housing estates, industrial estates and retirement villages. The company gained a listing on the Sydney stock exchange in 1957 by acquiring a controlling interest in Simon Hickey Industries, the smallest company then listed.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.05

30 Apr
2026

-0.040

OPEN

$4.11

-0.98%

HIGH

$4.11

9,646,101

LOW

$4.05

TARGET
$4.784

+0.06 change from previous day

18.1% upside
OTHER COMPANIES IN THE SAME SECTOR
CMW . CWP . FRI . FWD . GLF . GMG . GOZ . GPT . LIC . LLC . MGR . PPC . SFC . SIO . UOS .
FNARENA'S MARKET CONSENSUS FORECASTS
SGP: 1
Title FY24
Actual
FY25
Actual
FY26
Forecast
FY27
Forecast
EPS (cps) xxx 34.6 36.6 xxx
DPS (cps) xxx 25.2 24.9 xxx
EPS Growth xxx 100.0% 5.7% xxx
DPS Growth xxx 2.4% - 1.4% xxx
PE Ratio xxx N/A 11.1 xxx
Dividend Yield xxx N/A 6.1% xxx
Div Pay Ratio(%) xxx 72.8% 67.9% xxx

Dividend yield today if purchased 3 years ago: 5.60%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

6.22

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: 30/12 - (franking ex-div 9c)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx34.6
DPS All xxxxxxxxxxxxxxx25.2
Sales/Revenue xxxxxxxxxxxxxxx3,131.0 M
Book Value Per Share xxxxxxxxxxxxxxx425.4
Net Operating Cash Flow xxxxxxxxxxxxxxx328.0 M
Net Profit Margin xxxxxxxxxxxxxxx26.38 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx8.23 %
Return on Invested Capital xxxxxxxxxxxxxxx5.75 %
Return on Assets xxxxxxxxxxxxxxx4.75 %
Return on Equity xxxxxxxxxxxxxxx8.23 %
Return on Total Capital xxxxxxxxxxxxxxx5.02 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-200.0 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 xxxxxxxxxxxxxxx1,061 M
Long Term Debt xxxxxxxxxxxxxxx4,152 M
Total Debt xxxxxxxxxxxxxxx5,213 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx774 M
Price To Book Value xxxxxxxxxxxxxxx1.26

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx3.0 M
Capex % of Sales xxxxxxxxxxxxxxx0.10 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,914 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx462 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx12,424 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

0.4

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Macquarie

28/04/2026

1

Outperform

$4.42

9.14%

Macquarie observes the divergence in Qld versus the rest of Australia homebuilder markets with 50% of builders anticipating a fall in volumes over the next three months.

While noting potential earnings downside risks to consensus forecasts for Mirvac Group ((MGR)) and Stockland, the analyst reckons both share prices are discounting an "overly pessimistic" outlook.

Qld is noted as having been more resilient than Victoria, where a noticeable decline in demand from investors has been evidenced due to potential changes in CGT government policy in the upcoming budget.

While higher land and building costs is pushing buyers to smaller blocks and house sizes, "shrinkflation" as master plans are changed to smaller developments at lower prices.

The market is considered as under-appreciating the impact of higher for longer rates on residential volumes, pricing and margins.

Outperform rating maintained for Stockland with $4.42 target. Funds from operations forecast (post tax) is lowered by -9% for FY27.

FORECAST
Macquarie forecasts a full year FY26 dividend of 24.50 cents and EPS of 36.80 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

3

xxxxxxxxx xx xxxxx-xxxxxx xxxx xxxxxxxxxx

$xx.xx

(xx/xx/xxxx)

xx.xx%

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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

30/04/2026

1

Buy

$5.60

38.27%

Jarden maintains a Buy rating for Stockland with an unchanged target price of $5.60 following a third-quarter update that met expectations.

The company reaffirmed its FY26 guidance, targeting earnings per share of 36-37 cents and 7,500-8,500 settlements with operating margins in the low 20% range.

Residential net sales of 2,164 outpaced the broker's 2,000 forecast, recovering strongly after a weak January.

While acknowledging cost escalation risks into FY27, management believes these can be managed through contingency allowances and pricing power, noting that Masterplanned Communities remain robust in Queensland and Western Australia.

The broker's financial model remains unchanged, viewing the current valuation as attractive given the group's 3-year EPS compound annual growth rate of 6%, which sits ahead of the broader sector (excluding Goodman Group) at 4%.

FORECAST
Jarden forecasts a full year FY26 dividend of 25.00 cents and EPS of 36.30 cents.
Jarden forecasts a full year FY27 dividend of 25.20 cents and EPS of 36.50 cents.

SGP STOCK CHART