|Bid||4.27 x 0|
|Ask||4.34 x 0|
|Day's range||4.28 - 4.33|
|52-week range||3.90 - 4.79|
|PE ratio (TTM)||8.81|
|Earnings date||23 Aug. 2018|
|Forward dividend & yield||0.27 (6.13%)|
|1y target est||4.46|
This stock has rallied 30% over the past year when the S&P/ASX 200 (Index:^AXJO) (ASX:XJO) index is up 9%, but even then the stock still looks cheap.
This analysis is intended to introduce important early concepts to people who are starting to invest and looking to gauge the potential return on investment in Stockland (ASX:SGP). Stockland (ASX:SGP)Read More...
In this article, I’m going to take a look at Stockland’s (ASX:SGP) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. OwnershipRead More...
Stockland's first-half net profit has dipped 2.6 per cent to $684 million, while its funds from operations for the period has risen 18.2 per cent to $436 million. The diversified property group's revenue for the six months to December 31 has come in 14.3 per cent higher at $1.34 billion. The company says it will pay an unfranked interim distribution of 13 cents a share, up from 12.6 cents a year ago.
Stockland is on track to meet its full-year guidance and the property developer expects positive economic conditions and relatively stable interest rates to remain. Chief executive Mark Steinert said Stockland has had a positive start to the financial year, driven by all business units - particularly its residential communities division. "Our diverse portfolio allows us to deliver our purpose of creating a better way to live, and build thriving, affordable communities while continuing to deliver strong profit and sustained growth," Mr Steinert said in a statement.