Want to see AU:MGR full AI Analyst Report?
MGR Stock Chart & Stats
AU$1.70
AU$0.03(1.47%)
At close: 4:00 PM EDT
AU$1.70
AU$0.03(1.47%)
Day’s Range― - ―
52-Week RangeAU$1.61 - AU$2.46
Previous CloseN/A
Volume5.66M
Average Volume (3M)14.71M
Market Cap
AU$7.50B
Enterprise ValueAU$10.38K
Total Cash (Recent Filing)AU$238.00M
Total Debt (Recent Filing)AU$3.83B
Price to Earnings (P/E)11.0
Beta0.79
Next Earnings
Feb 10, 2027EPS Estimate
0.06Next Dividend Ex-DateN/A
Dividend Yield5.05%
Share Statistics
EPS (TTM)0.17
Shares Outstanding3,945,860,000
10 Day Avg. Volume19,818,826
30 Day Avg. Volume14,711,485
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.73
Price to Sales (P/S)2.59
P/FCF Ratio7.79
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$2.11Price Target Upside23.97% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)0.13
Revenue Forecast (FY)AU$920.23M
Bulls Say, Bears Say
Bulls Say
Stronger Balance SheetLower gearing, substantial liquidity and maintained investment-grade ratings improve Mirvac’s financial resilience. This gives the group greater capacity to fund its development pipeline, withstand property-market volatility and manage refinancing needs over the medium term.
High-Quality Recurring PortfolioHigh occupancy and a greater weighting toward premium-grade office assets support recurring rental income and tenant retention. Positive like-for-like NOI growth provides a durable earnings base that complements more cyclical development profits.
Visible Development PipelinePresales and a large residential land pipeline provide forward visibility on settlements and development activity. Combined with expected returns above 10% and growth in funds under management, this supports medium-term earnings visibility across multiple platforms.
Bears Say
Volatile Earnings And RevenueThe sharp variation in revenue, earnings and cash generation indicates that development timing and property cycles can materially affect results. This reduces confidence that FY2026’s strong profitability and cash flow will be fully sustained.
7 Spencer Street WeaknessLow leasing at 7 Spencer Street demonstrates ongoing execution and demand risk within the office portfolio. Prolonged vacancy could suppress rental income, require further incentives or impair asset values, limiting the benefits of broader portfolio improvement.
Higher Funding And Construction CostsHigher borrowing costs can reduce recurring earnings and development returns, while construction inflation pressures project margins. These effects may persist across the pipeline, especially where sales prices or rents cannot fully offset rising costs.
Mirvac Group News
MGR FAQ
What was Mirvac Group’s price range in the past 12 months?
Mirvac Group lowest share price was AU$1.61 and its highest was AU$2.46 in the past 12 months.
What is Mirvac Group’s market cap?
Mirvac Group’s market cap is AU$7.50B.
When is Mirvac Group’s upcoming earnings report date?
Mirvac Group’s upcoming earnings report date is Feb 10, 2027 which is in 167 days.
How were Mirvac Group’s earnings last quarter?
Mirvac Group released its earnings results on Aug 18, 2026. The company reported AU$0.066 earnings per share for the quarter, missing the consensus estimate of AU$0.067 by -AU$0.001.
Is Mirvac Group overvalued?
According to Wall Street analysts Mirvac Group’s price is currently Undervalued.
Does Mirvac Group pay dividends?
Mirvac Group pays a Semiannually dividend of AU$0.048 which represents an annual dividend yield of 5.05%. See more information on Mirvac Group dividends here
What is Mirvac Group’s EPS estimate?
Mirvac Group’s EPS estimate is 0.06.
How many shares outstanding does Mirvac Group have?
Mirvac Group has 3,945,860,000 shares outstanding.
What happened to Mirvac Group’s price movement after its last earnings report?
Mirvac Group reported an EPS of AU$0.066 in its last earnings report, missing expectations of AU$0.067. Following the earnings report the stock price went up 6.322%.
Which hedge fund is a major shareholder of Mirvac Group?
Currently, no hedge funds are holding shares in AU:MGR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Mirvac Group Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
AU$2.11 (23.97% Upside)
AU$2.11 (23.97% Upside)
Blogger Sentiment
Neutral
AU:MGR Sentiment 50%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
16.16%
12-Months-Change
Fundamentals
Return on Equity
5.05%
Trailing 12-Months
Asset Growth
3.20%
Trailing 12-Months
Company Description
Mirvac Group
Mirvac Group is an Australian real estate company dedicated to enhancing urban living. We achieve this by developing beautiful residences, dynamic commercial hubs, and vibrant retail destinations, thereby making a meaningful impact on our cities and the people within them. Established in 1972, Mirvac has been a significant force in shaping Australia's urban environment for nearly five decades. What began as a modest joint venture has flourished into a prominent ASX-listed property enterprise, celebrated for its pioneering work in innovation, environmental responsibility, and community building. Our reputation for excellence is evident in the iconic locations and developments we've crafted across Australia, including extensive masterplanned communities and significant office buildings like our own headquarters at the EY Centre, 200 George Street, Sydney. A profound dedication to our clients and the communities we serve lies at the core of every project we undertake.
MGR Company Deck
MGR Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a materially positive operational and strategic update: strong execution across development, improved investment portfolio quality, high occupancy and like‑for‑like NOI growth, a stronger balance sheet and substantial pipeline and presales supporting FY'27 settlements. Key risks flagged include a notable write‑down and slower leasing at 7 Spencer Street, rising interest costs and a Q4 moderation in apartment sales; however these appear manageable in the near term given presales, liquidity and diversified earnings drivers (development NOI, funds growth, industrial and living). Overall the highlights notably outweigh the lowlights.View all AU:MGR earnings summariesMGR Stock 12 Month Forecast
Average Price Target
AU$2.11
▲(23.97% Upside)