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

$4.83

07 May
2026

0.060

OPEN

$4.76

1.26%

HIGH

$4.83

11,219,516

LOW

$4.72

TARGET
$5.442 12.7% 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 35.0 xxx
DPS (cps) xxx 24.0 24.6 xxx
EPS Growth xxx N/A - 31.7% xxx
DPS Growth xxx 0.0% 2.5% xxx
PE Ratio xxx N/A 13.4 xxx
Dividend Yield xxx N/A 5.3% xxx
Div Pay Ratio(%) xxx 46.9% 70.3% xxx

Dividend yield today if purchased 3 years ago: 5.45%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.13

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

UBS

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

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xx.xx%

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Morgan Stanley

21/04/2026

1

Overweight

$5.83

20.70%

Morgan Stanley highlights rising floating interest rates are likely to result in downward pressure on earnings across the REIT sector from FY27.

The analyst now assumes a 4.35% floating rate (ex margins) for unhedged debt positions for REITs in FY27 and 4% from FY28.

On average, REIT target prices have come down by around -7%. Against consensus, the broker sees downside risks to those earnings forecasts.

GPT Group's target price falls to $5.83 from $6.13. Overweight. Industry view: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY26 dividend of 24.50 cents and EPS of 35.00 cents.
Morgan Stanley forecasts a full year FY27 dividend of 25.10 cents and EPS of 36.00 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
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

09/05/2026

2

Overweight

$5.68

17.60%

Jarden maintains an Overweight rating and $5.68 target price for GPT Group following a first-quarter update highlighting stable operating metrics and reaffirmed 2026 guidance.

Occupancy remains elevated across the retail and logistics segments at 99.7% and 98.8% respectively, demonstrating resilience against deteriorating consumer sentiment.

Office occupancy declined to 92.2%, making benchmarking success difficult without further disclosure on rents and leasing spreads.

The broker prefers the stock over sector peers due to a higher degree of strategic clarity and an attractive entry point following recent market underperformance.

Earnings per share estimates remain unchanged, with management credibility and an estimated 23% total return profile underpinning ongoing confidence in the co-investment strategy.

FORECAST
Jarden forecasts a full year FY26 dividend of 24.50 cents and EPS of 35.40 cents.
Jarden forecasts a full year FY27 EPS of 36.10 cents.
Access Extra Coverage Research History >

GPT STOCK CHART

FNArena News on GPT

1
In Case You Missed It – BC Extra Upgrades & Downgrades – 01-05-26

May 01 2026 - Weekly Reports
2
Rudi’s View: Stagflation, No Recession

Apr 30 2026 - Rudi's View
3
Australian Broker Call *Extra* Edition – Apr 29, 2026

Apr 29 2026 - Daily Market Reports
4
Rudi’s View: Best Buys & Conviction Calls

Apr 23 2026 - Rudi's View
5
Assessing Real Estate’s AI Future

Apr 09 2026 - Australia

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