Challenger (GK9) Price & Analysis

0 Followers

GK9 Stock Chart & Stats

€6.30

-€0.05(-0.79%)

At close: Jul 24 4:00 PM EDT

€6.30

-€0.05(-0.79%)

Day’s Range― - ―

52-Week Range€4.40 - €6.45

Previous CloseN/A

Volume0.00

Average Volume (3M)3.00

Market Cap

€4.06B

Enterprise Value€15.82K

Total Cash (Recent Filing)€755.20M

Total Debt (Recent Filing)€8.07B

Price to Earnings (P/E)13.6

Beta0.54

Next Earnings

Aug 18, 2026

EPS Estimate

0.2

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)0.72

Shares Outstanding681,584,900

10 Day Avg. Volume10

30 Day Avg. Volume3

Financial Highlights & Ratios

PEG Ratio0.61

Price to Book (P/B)1.44

Price to Sales (P/S)7.39

P/FCF Ratio13.89

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

€6.50

Price Target Upside3.14% Upside

Rating ConsensusModerate Buy

Number of Analyst Covering7

EPS Forecast (FY)0.44

Revenue Forecast (FY)€628.28M

Bulls Say, Bears Say

Bulls Say

Record Annuity Sales And Book GrowthChallenger's record annuity sales and 7.4% annuity book growth indicate durable demand for guaranteed retirement income. Large, recurring premium inflows build predictable long‑dated liabilities and fee revenue, supporting scale economies, pricing power and more stable long‑term cash flows.

Strong Capital Position And Ratings UpgradeA healthy PCA buffer and an S&P upgrade materially strengthen balance sheet credibility. This reduces funding costs, eases regulatory constraints, supports strategic initiatives (offshore reinsurance, origination) and gives management flexibility to deploy capital without compromising prudential requirements.

Cash Generation, Cost Discipline And Shareholder ReturnsFlat expenses, improved cost-to-income and active returns (dividend increase and buyback) signal disciplined capital allocation and resilient cash generation. That operational efficiency plus prudent buybacks supports long‑term shareholder value while preserving capacity for growth investments.

Bears Say

High Financial LeverageA debt-to-equity ratio around 2.14 leaves the company more exposed to interest rate and market shocks and reduces financial flexibility. For a life insurer, higher leverage can constrain capital actions, increase funding sensitivity to spreads and may raise capital requirements under regulatory reform.

Revenue Volatility And Recent DeclineLarge, lumpy revenue swings and a recent steep decline undermine predictability of fees and earnings. Reliance on variable performance/transaction fees, seasonality and sales mix (short‑dated institutional sales) increases forecasting risk and can magnify earnings volatility across cycles.

Margin Pressure From Tight Spreads And Liquidity DragHistorically tight credit spreads and a deliberate shift to higher cash holdings compress reinvestment margins and ROE. Holding low‑yielding liquidity to support institutional sales reduces earnings on the asset base until redeployed, a structural headwind in a low‑spread environment.

Challenger News

Challenger Cancels Over 2.2 Million Shares in On-Market Buy-Back

An announcement from Challenger ( ($AU:CGF) ) is now available. Challenger Limited has announced the cessation of 2,231,859...

26d ago

Challenger Performance Rights Lapse After Unmet Conditions

Challenger ( ($AU:CGF) ) has issued an update. Challenger Limited has notified the market of the cessation of...

1M ago

Challenger Updates Investors on Progress of Ongoing Share Buy-Back

Challenger ( ($AU:CGF) ) just unveiled an update. Challenger Limited, a listed financial services and retirement income provider...

1M ago

Challenger Reports Daily Progress in Ongoing On-Market Share Buy-Back

Challenger ( ($AU:CGF) ) has issued an announcement. Challenger Limited has updated the market on its ongoing on-market...

1M ago

Challenger Issues Daily Update on Ongoing On-Market Share Buy-Back

Challenger ( ($AU:CGF) ) has provided an update. Challenger Limited has provided an updated notification to the ASX...

1M ago

Challenger to Merge Fidante with Channel Capital in $150bn Funds Platform

Challenger ( ($AU:CGF) ) has provided an update. Challenger Limited has agreed to merge its multi-affiliate funds management...

2M ago

Challenger Updates Market on Progress of On-Market Share Buy-Back

The latest announcement is out from Challenger ( ($AU:CGF) ). Challenger Limited has provided an updated notification on...

2M ago

Challenger Updates Market on Progress of On‑Market Share Buy‑Back

The latest announcement is out from Challenger ( ($AU:CGF) ). Challenger Limited has provided an updated notification to...

2M ago

Challenger Extends On-Market Buy-Back With Daily Share Repurchases

The latest update is out from Challenger ( ($AU:CGF) ). Challenger Limited has continued its on-market share buy-back...

2M ago

Challenger Updates Daily Progress of On-Market Share Buy-Back

Challenger ( ($AU:CGF) ) has shared an announcement. Challenger Limited has provided an updated notification to the ASX...

2M ago

Challenger Ltd. upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs analyst Julian Braganza upgraded Challenger Ltd. to Buy from Neutral with a A$6.89 price target. The...

3y ago

Challenger Ltd. upgraded to Outperform from Neutral at Credit Suisse

Credit Suisse analyst James Cordukes upgraded Challenger Ltd. to Outperform from Neutral with a price target of A$7.10,...

3y ago

GK9 FAQ

What was Challenger Limited’s price range in the past 12 months?

Challenger Limited lowest stock price was €4.40 and its highest was €6.45 in the past 12 months.

What is Challenger Limited’s market cap?

Challenger Limited’s market cap is €4.06B.

When is Challenger Limited’s upcoming earnings report date?

Challenger Limited’s upcoming earnings report date is Aug 18, 2026 which is in 15 days.

How were Challenger Limited’s earnings last quarter?

Challenger Limited released its earnings results on Feb 17, 2026. The company reported €0.191 earnings per share for the quarter, missing the consensus estimate of €0.196 by -€0.004.

Is Challenger Limited overvalued?

According to Wall Street analysts Challenger Limited’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does Challenger Limited pay dividends?

Challenger Limited does not currently pay dividends.

What is Challenger Limited’s EPS estimate?

Challenger Limited’s EPS estimate is 0.2.

How many shares outstanding does Challenger Limited have?

Challenger Limited has 681,584,900 shares outstanding.

What happened to Challenger Limited’s price movement after its last earnings report?

Challenger Limited reported an EPS of €0.191 in its last earnings report, missing expectations of €0.196. Following the earnings report the stock price went up 8.332%.

Which hedge fund is a major shareholder of Challenger Limited?

Currently, no hedge funds are holding shares in DE:GK9

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

Challenger Stock Smart Score

Neutral

Fundamentals

Return on Equity

3.42%

Trailing 12-Months

Asset Growth

12.31%

Trailing 12-Months

Top Smart Score Stocks >

Company Description

Challenger Limited

Challenger Limited functions as a publicly listed investment management enterprise. The company also provides comprehensive retirement services to its clientele. It is actively involved in overseeing equity-focused mutual funds and deploys capital across public stock markets worldwide. Established in 1985, Challenger Limited maintains a significant operational presence spanning Australia, Asia, and the United Kingdom.

Challenger (GK9) Earnings & Revenues

Historic Earnings Reports

GK9 Stock 12 Month Forecast

Average Price Target

€6.50

▲(3.14% Upside)

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"3":"€3","8":"€8","4.25":"€4.25","5.5":"€5.5","6.75":"€6.75"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":7.2122211,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">€7.21</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":6.497925492857141,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">€6.50</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":5.60613825,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">€5.61</span>\n  </div></div>","useHTML":true}}],"tickPositions":[3,4.25,5.5,6.75,8],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Nov<br/>2025","6":"Feb<br/>2026","9":"May<br/>2026","12":"Aug<br/>2026","25":"Aug<br/>2027"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,5.9,6.000940084615385,6.101880169230769,6.202820253846154,6.303760338461538,6.404700423076923,6.505640507692307,6.606580592307692,6.707520676923077,6.808460761538462,6.909400846153846,7.010340930769231,7.111281015384615,{"y":7.2122211,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,5.9,5.945994268681319,5.991988537362637,6.0379828060439555,6.083977074725275,6.129971343406593,6.175965612087912,6.22195988076923,6.267954149450548,6.313948418131867,6.359942686813186,6.4059369554945045,6.451931224175823,{"y":6.497925492857141,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,5.9,5.87739525,5.8547905,5.83218575,5.8095810000000006,5.78697625,5.7643715,5.74176675,5.719162,5.69655725,5.6739525,5.65134775,5.628743,{"y":5.60613825,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":4.343,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":4.442,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 13,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":4.717,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 17,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5.061,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 16,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":4.776,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 16,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5.208,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 10,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5.159,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5.1,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 10,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":4.86,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5.1,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 10,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5.45,"date":1780272000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":6.1,"date":1782864000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5.9,"date":1785542400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Detailed Analyst Forecast >