Mirvac Group Share Price and Company Fundamentals



Price
$2.91
Change
0.060 (2.105%)
52 week
2.01 - 3.05

Last traded: Today at 6:10 AM

Mirvac is an Australian property group with a clearly defined purpose to reimagine urban life. By creating beautiful homes, inspiring workplace precincts and thriving shopping centres, we aim to make a positive contribution to our cities and communities. Mirvac was founded in 1972, which means we've been shaping Australia's urban landscape for almost fifty years. Of course, we've evolved a lot over that time – growing from a small joint venture to become a thriving ASX-listed property group that leads the way in innovation, sustainability and placemaking. Renowned for the quality of our products, we've created some of Australia's most iconic places and precincts, from thriving masterplanned communities, to landmark offices including our own headquarters at EY Centre, 200 George Street, Sydney. At the heart of every project there exists a deep commitment to our customers and communities.

Key Metrics

PE ratio

33.45

PB ratio

1.11

Dividend yield

2.74%

Beta

1.03

Market cap

$34.37B

Enterprise value

$15.2B

Company profile

Primary activitiesReal estate investment, development and investment management.
Industry / SectorREIT—Office / Real Estate
Full time employees1414
Websitehttp://www.mirvac.com
Mailing address200 George Street Level 28 Sydney NSW 2000 Australia
Phone / Fax61 2 9080 8000 / 61 2 9080 8111
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: Mirvac Group Dividend history, yield and payout ratio

Dividend yield

2.74%

Dividend amount

$0.08

Payout ratio

89.66%

5Y Avg. yield

4.30%

Mirvac Group paid $0.08 dividend and the ex-dividend date was 29 June 2021.The dividend payout ratio is 89.66%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MGR dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.

MGR's forward dividend amount is $0.1 and the forward dividend yield is 3.39%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2021, following are the company executives and directors listed on Mirvac Group.

NameTitleAgeTotal Pay
Ms. Susan Lloyd-HurwitzCEO, MD & Exec. Director521.69M
Mr. Brett Draffen BBus, FAPIChief Investment Officer1.08M
Mr. Stuart PenklisHead of Residential958.09k
Mr. Campbell HananHead of Commercial Property905.47k
Ms. Courtenay SmithChief Financial Officer
Mr. Bryan HowittGen. Mang. of Investor Relations & Capital Allocation
Kate LanderGen. Mang. of Communications
Mr. Chris AkayanHead of Culture & Capability
Kristen SweeneyCo-Head of HR
Mr. William Payne B.Sc.Chief Digital Officer

Profitability and management effectiveness

Profit margin

17.52%

Operating margin

29.60%

Return on assets

2.36%

Return on equity

3.35%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Mirvac Group is 34.37B and its enterprise value is 15.2B. The enterprise value to revenue ratio of MGR is 7.81.

The MGR's stocks Beta value is 1.03 making it 3% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Mirvac Group (MGR)

Mirvac Group (ASX:MGR) Frequently Asked Questions

1. What is Mirvac Group's Stock Symbol?

Mirvac Group trades on ASX under the ticker symbol "MGR".

2. What is Mirvac Group's stock price today?

One share of MGR stock can currently be purchased for approximately $2.91.

3. How can I contact Mirvac Group?

Mirvac Group's mailing address is 200 George Street Level 28 Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 9080 8000.

4. What is Mirvac Group's official website?

The official website of Mirvac Group is http://www.mirvac.com.

5. Which share registry manages Mirvac Group's stock?

Mirvac Group's stock is managed by LINK MARKET SERVICES LIMITED.