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: 8.51
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

$5.48

29 Oct
2025

-0.090

OPEN

$5.57

-1.62%

HIGH

$5.58

2,956,850

LOW

$5.48

TARGET
$5.812 6.1% 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 FY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps) xxx - 10.5 33.2 xxx
DPS (cps) xxx 24.0 24.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx - 4.0% 0.0% xxx
PE Ratio xxx N/A 16.1 xxx
Dividend Yield xxx N/A 4.5% xxx
Div Pay Ratio(%) xxx N/A 72.3% xxx

Dividend yield today if purchased 3 years ago: 5.57%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

4.49

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: 28/12 - ex-div 12.5c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-10.5
DPS All xxxxxxxxxxxxxxx24.0
Sales/Revenue xxxxxxxxxxxxxxx992.4 M
Book Value Per Share xxxxxxxxxxxxxxx527.8
Net Operating Cash Flow xxxxxxxxxxxxxxx604.0 M
Net Profit Margin xxxxxxxxxxxxxxx-20.22 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-1.92 %
Return on Invested Capital xxxxxxxxxxxxxxx-1.35 %
Return on Assets xxxxxxxxxxxxxxx-1.26 %
Return on Equity xxxxxxxxxxxxxxx-1.92 %
Return on Total Capital xxxxxxxxxxxxxxx3.69 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-34.5 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx593 M
Long Term Debt xxxxxxxxxxxxxxx4,273 M
Total Debt xxxxxxxxxxxxxxx4,866 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx72 M
Price To Book Value xxxxxxxxxxxxxxx0.83

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx170.2 M
Capex % of Sales xxxxxxxxxxxxxxx17.15 %
Cost of Goods Sold xxxxxxxxxxxxxxx314 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx114 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx11,384 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

0.6

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Citi

24/10/2025

1

Buy

$6.00

9.49%

Citi notes GPT Group has commenced a new office partnership, including the acquisition of a 50% stake in the premium-grade office tower, Grosvenor Place, 225 George Street, Sydney.

The purchase, from Commonwealth Superannuation Corporation, is for $860m plus transaction costs.

Under the new partnership, both parties will have 50% ownership, extending GPT's $2.7bn portfolio of premium office assets.

The analyst notes debt funding will be used, and the initial impact on earnings is anticipated to be neutral.

Buy rating and $6 target maintained.

FORECAST
Citi forecasts a full year FY25 dividend of 24.00 cents and EPS of 33.20 cents.
Citi forecasts a full year FY26 EPS of 34.00 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$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

11/09/2025

3

Neutral

$5.75

4.93%

Jarden notes REIT stocks outperformed in August, up 6.2%, with the performance supported by the sector exceeding elevated expectations during the result season.

Macro tailwinds like rate cuts, cap rate compression and limited supply support rental/price growth and asset values. Balance sheets are healthy, enabling capital deployment and potential consolidation-driven upside.

Among key risks in the broker's view are elevated rates vs past cycles, regulatory headwinds, and a wide gap between underlying and cash-backed earnings.

The broker notes GPT Group is trading on 22.2x 12-month forward AFFO and further upside needs improving cash flow, especially against the accelerating growth profile of other large-cap REITs.

Neutral. Target rises to $5.75 from $5.60.

FORECAST
Jarden forecasts a full year FY25 dividend of 24.00 cents and EPS of 33.20 cents.
Jarden forecasts a full year FY26 dividend of 24.90 cents and EPS of 34.50 cents.

GPT STOCK CHART