GPT GROUP (GPT)
Share Price Analysis and Chart

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GPT

GPT - GPT GROUP

FNArena Sector : Infra & Property Developers
Year End: December
GICS Industry Group : Real Estate
Debt/EBITDA: 8.35
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

The GPT Group is a Real Estate Investment Trust that owns, manages and develops retail assets, mainly high quality shopping centres across Australia. It was Australia's first ever property trust that publicly listed on the ASX back in 1971.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.68

16 Apr
2026

0.050

OPEN

$4.72

1.08%

HIGH

$4.72

14,164,828

LOW

$4.60

TARGET
$5.492

-0.03 change from previous day

17.3% upside
OTHER COMPANIES IN THE SAME SECTOR
CMW . CWP . FRI . FWD . GLF . GMG . GOZ . LIC . LLC . MGR . PPC . SFC . SGP . SIO . UOS .
FNARENA'S MARKET CONSENSUS FORECASTS
GPT: 1
Title FY24
Actual
FY25
Actual
FY26
Forecast
FY27
Forecast
EPS (cps) xxx 51.2 35.1 xxx
DPS (cps) xxx 24.0 24.6 xxx
EPS Growth xxx N/A - 31.5% xxx
DPS Growth xxx 0.0% 2.5% xxx
PE Ratio xxx N/A 13.3 xxx
Dividend Yield xxx N/A 5.3% xxx
Div Pay Ratio(%) xxx 46.9% 70.1% xxx

Dividend yield today if purchased 3 years ago: 5.53%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

5.14

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: 27/06 - (franking ex-div 12c)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx51.2
DPS All xxxxxxxxxxxxxxx24.0
Sales/Revenue xxxxxxxxxxxxxxx1,029.9 M
Book Value Per Share xxxxxxxxxxxxxxx554.8
Net Operating Cash Flow xxxxxxxxxxxxxxx622.1 M
Net Profit Margin xxxxxxxxxxxxxxx95.25 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx9.46 %
Return on Invested Capital xxxxxxxxxxxxxxx6.55 %
Return on Assets xxxxxxxxxxxxxxx6.03 %
Return on Equity xxxxxxxxxxxxxxx9.46 %
Return on Total Capital xxxxxxxxxxxxxxx4.22 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-82.1 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 xxxxxxxxxxxxxxx570 M
Long Term Debt xxxxxxxxxxxxxxx4,957 M
Total Debt xxxxxxxxxxxxxxx5,526 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx99 M
Price To Book Value xxxxxxxxxxxxxxx0.98

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx262.4 M
Capex % of Sales xxxxxxxxxxxxxxx25.48 %
Cost of Goods Sold xxxxxxxxxxxxxxx287 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx86 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx12,704 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

0.8

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

19/03/2026

1

Buy

$5.40

15.38%

UBS recommends ongoing caution on the Australian real estate sector in the near term, citing likely consensus earnings downgrades and persistent inflation risks.

The broker notes oil prices could rise to US$120-150/bbl if the Strait of Hormuz remains closed for 2-6 weeks.

The current environment is thought to echo 2022, when REITs fell around -30% peak-to-trough amid the Ukraine energy crisis and a 300bps rise in the cash rate.

Providing some offset, the starting point for the cash rate in this tightening cycle is more restrictive at 3.6% versus 0.1%, while valuations are considered undemanding, the analysts note.

Across coverage, the broker lowers its price targets by -7% on average.

UBS is cautious on residential exposures and remains positive on retail REITs.

GPT Group's target falls by -8.5% to $5.40. Buy rating kept.

FORECAST
UBS forecasts a full year FY26 dividend of 24.00 cents and EPS of 34.00 cents.
UBS forecasts a full year FY27 dividend of 25.00 cents and EPS of 35.00 cents.

Morgan Stanley

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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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

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

07/04/2026

3

Neutral

$5.90

26.07%

Jarden outlines GPT Group’s strategic shift under its new management team, with a focus on recycling capital from balance sheet assets into higher-return co-investments alongside partners.

The strategy is expected to reshape earnings, and reduce reliance on rental income while increasing contributions from co-investment income and management fees, supporting improved returns on equity.

The broker sees sufficient capital from asset sales to fund this transition, with a gradual build-out of funds under management over time.

Execution will be key, believe the analysts, with meaningful capital raising and deployment required, though the strategy has potential to drive stronger long-term shareholder returns.

Jarden retains a Neutral rating and $5.90 target.

FORECAST
Jarden forecasts a full year FY26 dividend of 24.50 cents and EPS of 35.40 cents.
Jarden forecasts a full year FY27 dividend of 25.40 cents and EPS of 36.60 cents.

GPT STOCK CHART