FLIGHT CENTRE TRAVEL GROUP LIMITED (FLT)
Share Price Analysis and Chart

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FLT

FLT - FLIGHT CENTRE TRAVEL GROUP LIMITED

FNArena Sector : Travel, Leisure & Tourism
Year End: June
GICS Industry Group : Consumer Services
Debt/EBITDA: 2.42
Index: ASX200 | ASX300 | ALL-ORDS

Flight Centre is an Australian travel services retailer. International operations include the US, UK and South Africa, in addition to licences for its name in over 80 countries. Founded in 1982 it became a listed company in 1995.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$10.74

08 May
2026

-0.150

OPEN

$10.75

-1.38%

HIGH

$10.86

895,640

LOW

$10.61

TARGET
$15.632 45.5% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AIA . AIZ . CEH . CHL . CTD . EVT . EXP . HLO . KLS . QAN . SDR . SKO . SST . THL . VGL . VRL . VVA . WEB . WJL . XPD .
FNARENA'S MARKET CONSENSUS FORECASTS
FLT: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 49.6 99.4 xxx
DPS (cps) xxx 40.0 42.3 xxx
EPS Growth xxx - 22.1% 100.0% xxx
DPS Growth xxx 0.0% 5.8% xxx
PE Ratio xxx N/A 10.6 xxx
Dividend Yield xxx N/A 4.0% xxx
Div Pay Ratio(%) xxx 80.6% 42.6% xxx

Dividend yield today if purchased 3 years ago: 1.85%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.78

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 17/09 - ex-div 29.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx49.6
DPS All xxxxxxxxxxxxxxx40.0
Sales/Revenue xxxxxxxxxxxxxxx2,783.9 M
Book Value Per Share xxxxxxxxxxxxxxx564.2
Net Operating Cash Flow xxxxxxxxxxxxxxx140.8 M
Net Profit Margin xxxxxxxxxxxxxxx3.93 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx9.02 %
Return on Invested Capital xxxxxxxxxxxxxxx6.01 %
Return on Assets xxxxxxxxxxxxxxx2.56 %
Return on Equity xxxxxxxxxxxxxxx9.02 %
Return on Total Capital xxxxxxxxxxxxxxx10.05 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx15.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx285 M
Long Term Debt xxxxxxxxxxxxxxx599 M
Total Debt xxxxxxxxxxxxxxx884 M
Goodwill - Gross xxxxxxxxxxxxxxx957 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx816 M
Price To Book Value xxxxxxxxxxxxxxx2.21

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx102.7 M
Capex % of Sales xxxxxxxxxxxxxxx3.69 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,725 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx843 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx56 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

06/05/2026

1

Overweight

$16.00

48.98%

Morgan Stanley highlights a strong 3Q performance from Flight Centre Travel, with profit (PBT) up 18.5% year-on-year, supporting FY26 guidance of $315m-$350m.

Guidance is achievable despite global uncertainty, given the implied 4Q requirement appears realistic to the broker, with potential upside if May and June trading is solid.

Corporate continues to lead, the analysts highlight, delivering strong profit growth and operating leverage, while leisure remains softer, impacted by Middle East tensions.

Commentary notes a stronger Australian dollar poses a potential FX headwind into Q4.

Morgan Stanley maintains an Overweight rating and a $16.00 target. Industry View: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY26 EPS of 91.20 cents.
Morgan Stanley forecasts a full year FY27 EPS of 121.00 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

xx/xx/xxxx

2

xxxxxxxxx xx xxxxxxxxxx xxxx xxx

$xx.xx

xx.xx%

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Canaccord Genuity

05/05/2026

1

Buy

$14.60

35.94%

Canaccord Genuity maintains a Buy rating for Flight Centre Travel but lowers its target price to $14.60 from $16.00.

The broker has trimmed its earnings forecasts for the FY26 and FY27 periods, reflecting weaker international travel demand stemming from ongoing conflict in the Middle East.

Recent IATA data indicates a sharp 60.8% decline in demand for Middle East carriers, which is expected to negatively impact Flight Centre's performance heading into the critical May/June booking window.

Despite these external macroeconomic pressures, Canaccord Genuity notes underlying improvements within the Corporate division and expects activity to normalise once geopolitical tensions subside.

The broker cautions against overly optimistic market expectations of a "hockey stick" recovery in FY27, warning sub-par economic conditions and the accounting treatment of the Rewards 360 program will likely temper growth.

The broker views the stock's current valuation as offering strong fundamental support despite the likelihood of near-term negative news flow.

FORECAST
Canaccord Genuity forecasts a full year FY26 dividend of 42.00 cents and EPS of 104.00 cents.
Canaccord Genuity forecasts a full year FY27 dividend of 44.00 cents and EPS of 116.00 cents.
Access Extra Coverage Research History >

FLT STOCK CHART

FNArena News on FLT

1
In Case You Missed It – BC Extra Upgrades & Downgrades – 08-05-26

May 08 2026 - Weekly Reports
2
Artificial Intelligence: Here, There & Everywhere

May 07 2026 - Australia
3
Australian Broker Call *Extra* Edition – May 07, 2026

May 07 2026 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – May 05, 2026

May 05 2026 - Daily Market Reports
5
Rudi’s View: Best Buys & Conviction Calls

Apr 23 2026 - Rudi's View

Latest Travel, Leisure & Tourism News

1
Flight Centre On Cruise Control Re-Rating

Dec 18 2025 - Australia
2
Confidence Grows In Web Travel’s FY27 Targets

Dec 01 2025 - Small Caps
3
SiteMinder’s Deeper Connectivity For Growth

Oct 01 2025 - Small Caps
4
Undervalued Flight Centre Awaits Travel Recovery

Aug 05 2025 - Australia
5
Smart Platform Underpins SiteMinder Optimism

Jun 18 2025 - Small Caps
6
Corporate Travel: Happy Above Downtrend Line

May 20 2025 - Technicals
7
Flight Centre: A Downgrade Anticipated

May 02 2025 - Australia
8
Corporate Travel Eyes Strong Growth Rebound

Mar 07 2025 - Small Caps
9
Is SiteMinder’s Re-Rating Just A Matter of Time?

Mar 06 2025 - Small Caps
10
Diverging Margins In Webjets’ Results

Dec 02 2024 - Australia