Stride Property Group Share Price and Company Fundamentals
Last traded: Yesterday at 4:00 AM
Stride Stapled Group is a real estate investment firm specializing in co-investments and investments in commercial, retail, and industrial real estate properties. Investment properties comprise of freehold land, leasehold land, buildings and improvements that are held either to earn rental income or for capital appreciation or both. It seeks to invest in New Zealand. Stride Stapled Group is based in Auckland, New Zealand.
Key Metrics
PE ratio
-
PB ratio
0.61
Dividend yield
6.94%
Beta
0.56
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | REIT—Diversified / Real Estate |
|---|---|
| Website | https://www.strideproperty.co.nz |
| Mailing address | 34 Shortland Street Level 12 Auckland 1010 New Zealand |
| Phone / Fax | 64 9 912 2690 / 64 9 303 1239 |
Dividends
Dividend yield
6.94%
Dividend amount
$0.09
Payout ratio
5Y Avg. yield
5.01%
Stride Property Group paid $0.09 dividend and the ex-dividend date was 02 Mar 2023.The dividend payout ratio is . The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.
SPG's forward dividend amount is $0.07 and the forward dividend yield is 5.58%. 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 2023, following are the company executives and directors listed on Stride Property Group.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Philip Littlewood B.Com., M.B.A. | Chief Exec. Officer | 1.36M | |
| Ms. Jennifer Marie Whooley C.A. | Chief Financial Officer | ||
| Mr. Adam Lilley B.Com., C.A., L.L.B. | Gen. Mang. of Investment | ||
| Ms. Louise Hill B.Com., L.L.B. | GM of Corp. Services & Company Sec. |
Profitability and management effectiveness
Profit margin
-1.72%
Operating margin
65.57%
Return on assets
3.44%
Return on equity
-0.21%
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 Stride Property Group is and its enterprise value is .
The SPG's stocks Beta value is 0.56 making it 44% 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.
Stride Property Group (NZX:SPG) Frequently Asked Questions
1. What is Stride Property Group's Stock Symbol?
Stride Property Group trades on NZX under the ticker symbol "SPG".
2. What is Stride Property Group's stock price today?
One share of SPG stock can currently be purchased for approximately $1.31.
3. How can I contact Stride Property Group?
Stride Property Group's mailing address is 34 Shortland Street Level 12 Auckland 1010 New Zealand. The company can be reached via phone at 64 9 912 2690.
4. What is Stride Property Group's official website?
The official website of Stride Property Group is https://www.strideproperty.co.nz.