Mirvac Group (MRVGF) Stock Price & Analysis
MRVGF Stock Chart & Stats
- Day’s Range
- $1.05 - $1.47
- 52-Week Range
- $0.95 - $1.91
- Previous Close
- $1.13
- Volume
- 8,259
- Average Volume (3M)
- 27
- Market Cap
- $5.09B
- Enterprise Value
- $10.38B
- Total Cash (Recent Filing)
- $238.00M
- Total Debt (Recent Filing)
- $3.83B
- Price to Earnings (P/E)
- 10.9
- Beta
- 1.42
- Next Earnings
- Feb 10, 2027 (Est.)
- EPS Estimate
- 0.04
- Last Dividend Ex-Date
- Jun 30, 2026
- Dividend Yield
- 5.44%
Bulls Say, Bears Say
Bulls Say
Stronger Balance Sheet
Lower 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 Portfolio
High 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 Pipeline
Presales 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 Revenue
The 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 Weakness
Low 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 Costs
Higher 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
MRVGF FAQ
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Mirvac Group Stock Smart Score
Company Description
Mirvac Group
Mirvac Group is an Australian Securities Exchange top 100 company with an integrated asset creation and curation capability, focused in Sydney, Melbourne, Brisbane and Perth. For more than 50 years, we have dedicated ourselves to shaping Australia’s urban landscape with purpose and passion. Mirvac Group was established in 1972 and was incorporated in Australia.
- Sector
- Realestate
- Industry
- REIT - Diversified
- CEO
- Campbell John Hanan
- Employees
- 1,643
- Website
- www.mirvac.com
- Address
- Level 28, Sydney, NSW, 2000, AU
Mirvac Group (MRVGF) Earnings & Revenues
MRVGF Company Deck
MRVGF Earnings Call
Earnings Call SentimentPositive
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 MRVGF earnings summariesMRVGF Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 15 | 5 | 2 |
| Technical Analysis | 5 | 5 | 0 |
| Moving Averages | 10 | 0 | 2 |












