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

$5.59

27 Aug
2025

-0.010

OPEN

$5.58

-0.18%

HIGH

$5.62

4,882,859

LOW

$5.57

TARGET
$5.532 -1.0% downside
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 33.1 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 17.0 xxx
Dividend Yield xxx N/A 4.3% xxx
Div Pay Ratio(%) xxx N/A 72.5% xxx

Dividend yield today if purchased 3 years ago: 5.66%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.26

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

0.4

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Macquarie

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

19/08/2025

1

Buy

$6.00

7.33%

On further inspection of FY25 results, Citi lifts its EPS estimates for GPT Group by 0.7% in 2025 and 0.5% in 2026.

Buy rating unchanged, with the analyst optimistic on the group’s advancing earnings as its funds management strategy continues. Target raised to $6 from $5.

***

On first take, GPT Group's 1H25 result was robust across operations and funds management execution according to Citi, with FY25 guidance lifted to the upper end of the range.

Management expects FY25 funds from operations to be no less than 33.2c per share, which sits marginally above the analyst and consensus forecasts and suggests no less than 3% growth on 2024.

First half funds from operations grew 4.4%, which was a beat, and dividend of 12c was flat on the prior period. NTA lifted to $5.31 from $5.27, with the share price trading at a discount of around -1%. Assets under management came in at $36.6bn and net gearing rose to 30.7%.

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.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

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

20/08/2025

3

Neutral

$5.60

0.18%

In the wake of interim results, Jarden observes GPT Group continues to grow funds under management (FUM), which the analysts point out is supporting fee income and co-investment expansion.

The broker believes this, combined with operating leverage in a broadening funds management business, positions the group to accelerate earnings if the FUM trajectory continues.

The broker highlights $4.6bn of external FUM added in the last eighteen months and almost $8bn in the last two and a half years, now driving stronger management fees and co-investment income.

Recent initiatives and new mandates are expected to provide momentum into 2H25 and FY26.

Comparable net operating income (NOI) growth was better than expected by Jarden across Retail, Office and Logistics, though rising maintenance capex and tenant incentives remain a headwind.

The broker raises its target price to $5.60 from $5.30 and retains a Neutral rating.

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.
Access Extra Coverage Research History >

GPT STOCK CHART

FNArena News on GPT

1
Weekly Ratings, Targets, Forecast Changes – 22-08-25

Aug 25 2025 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Aug 20, 2025

Aug 20 2025 - Daily Market Reports
3
FNArena Corporate Results Monitor – 19-08-2025

Aug 19 2025 - Australia
4
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Aug 14 2025 - Rudi's View
5
Rudi’s View: AI Updates, Hot Favourites & First August Results

Aug 07 2025 - Rudi's View

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