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

$4.22

25 Jun
2026

0.050

OPEN

$4.20

1.20%

HIGH

$4.26

9,723,902

LOW

$4.17

TARGET
$4.754 12.7% 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 FY25
Actual
FY26
Actual
FY27
Forecast
FY28
Forecast
EPS (cps) xxx 41.2 37.8 xxx
DPS (cps) xxx 25.2 25.3 xxx
EPS Growth xxx 18.9% - 8.1% xxx
DPS Growth xxx 0.0% 0.5% xxx
PE Ratio xxx N/A 10.9 xxx
Dividend Yield xxx N/A 6.1% xxx
Div Pay Ratio(%) xxx 61.2% 66.9% xxx

Dividend yield today if purchased 3 years ago: 6.25%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

6.09

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: 29/06 - (franking ex-div 16.20c)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx41.2
DPS All xxxxxxxxxxxxxxx25.2
Sales/Revenue xxxxxxxxxxxxxxx3,589.0 M
Book Value Per Share xxxxxxxxxxxxxxx441.8
Net Operating Cash Flow xxxxxxxxxxxxxxx876.0 M
Net Profit Margin xxxxxxxxxxxxxxx27.70 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx9.51 %
Return on Invested Capital xxxxxxxxxxxxxxx6.71 %
Return on Assets xxxxxxxxxxxxxxx5.44 %
Return on Equity xxxxxxxxxxxxxxx9.51 %
Return on Total Capital xxxxxxxxxxxxxxx4.70 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx407.0 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 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx326 M
Long Term Debt xxxxxxxxxxxxxxx4,600 M
Total Debt xxxxxxxxxxxxxxx4,926 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx796 M
Price To Book Value xxxxxxxxxxxxxxx0.92

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx11.0 M
Capex % of Sales xxxxxxxxxxxxxxx0.31 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,313 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx546 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx12,399 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

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

22/06/2026

3

Equal-weight

$4.90

16.11%

Morgan Stanley caught up with several REITs over the last two weeks for an operational update ahead of the June 30 blackout period. Stockland will deliver its results on August 19.

Inquiries from home buyers have been up in May after a softer April and Stockland has confirmed that, while there has not been an influx of investors seeking new buildings, there has not been a collapse in sales either.

The broker suspects the company is likely to commence FY27 with around 4000 lots of pre-sales scheduled for settlement by June 2027, also noting that every release in Queensland and Western Australia is still selling out, except the high price-point product, which signals its forecast for 7500 settlements in FY27 can comfortably be met.

Equal-weight rating and $4.90 target. Industry View: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY26 dividend of 25.20 cents and EPS of 36.30 cents.
Morgan Stanley forecasts a full year FY27 dividend of 25.20 cents and EPS of 36.30 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

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

04/05/2026

1

Buy

$5.60

32.70%

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 profile 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