Goodman Property Trust Share Price and Company Fundamentals
Last traded: Yesterday at 5:00 AM
GMT is an externally managed unit trust, listed on the NZX. It has a market capitalisation of around $3.0 billion, ranking it in the top 20 of all listed investment vehicles. The Trust is New Zealand's leading warehouse and logistics space provider. It has a substantial property portfolio, with a value of $4.8 billion at 31 March 2023. The Trust also holds an investment grade credit rating of BBB from S&P Global Ratings. The Manager of the Trust is Goodman (NZ) Limited, a subsidiary of the ASX listed Goodman Group. Goodman Group is a A$80.7 billion specialist global manager of warehouse and logistics real estate.
Key Metrics
PE ratio
12.54
PB ratio
0.96
Dividend yield
2.74%
Beta
0.32
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | REIT—Industrial / Real Estate |
|---|---|
| Website | https://nz.goodman.com/ |
| Mailing address | Level 2, KPMG Centre 18 Viaduct Harbour Avenue Auckland 1142 New Zealand |
| Phone / Fax | 64 9 375 6060 / 64 9 375 6061 |
Dividends
Dividend yield
2.74%
Dividend amount
$0.06
Payout ratio
33.45%
5Y Avg. yield
2.72%
Goodman Property Trust paid $0.06 dividend and the ex-dividend date was 04 Mar 2024.The dividend payout ratio is 33.45%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.GMT dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
GMT's forward dividend amount is $0.06 and the forward dividend yield is 2.80%. 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 Apr 2024, following are the company executives and directors listed on Goodman Property Trust.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. James Spence | Chief Executive Officer | 403k | |
| Mr. John Morton Dakin | Executive Director | 57 | 1.28M |
| Mr. Andrew Jonathan Eakin | Chief Financial Officer | ||
| Ms. Kimberley Richards | Director of Investment Management & Capital Transactions | ||
| Mr. Anton Shead | General Counsel & Company Secretary | ||
| Ms. Mandy Waldin | Marketing Director | ||
| Sophie Bowden | Human Resources Business Partner | ||
| Mr. Jonathan Simpson | Head of Corporate Affairs | ||
| Mr. Paul William McGarry | Head of Asia | 47 | |
| Mr. Angus Brooks | Chief Executive Officer of Japan | 46 |
Profitability and management effectiveness
Profit margin
-148.54%
Operating margin
74.89%
Return on assets
2.15%
Return on equity
-9.85%
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 Goodman Property Trust is and its enterprise value is .
The GMT's stocks Beta value is 0.32 making it 68% less volatile compared to NZX 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.
Goodman Property Trust (NZX:GMT) Frequently Asked Questions
1. What is Goodman Property Trust's Stock Symbol?
Goodman Property Trust trades on NZX under the ticker symbol "GMT".
2. What is Goodman Property Trust's stock price today?
One share of GMT stock can currently be purchased for approximately $2.215.
3. How can I contact Goodman Property Trust?
Goodman Property Trust's mailing address is Level 2, KPMG Centre 18 Viaduct Harbour Avenue Auckland 1142 New Zealand. The company can be reached via phone at 64 9 375 6060.
4. What is Goodman Property Trust's official website?
The official website of Goodman Property Trust is https://nz.goodman.com/.