HEALTHCO HEALTHCARE & WELLNESS REIT (HCW)
Share Price Analysis and Chart

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HCW

HCW - HEALTHCO HEALTHCARE & WELLNESS REIT

FNArena Sector : REITs
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 12.42
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.71

26 Feb
2026

0.010

OPEN

$0.71

1.43%

HIGH

$0.74

1,218,830

LOW

$0.71

TARGET
$0.875 23.2% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
HCW: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx - 16.0 4.4 xxx
DPS (cps) xxx 4.2 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx - 47.5% N/A xxx
PE Ratio xxx N/A 16.5 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 2.57%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.83

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: 30/12 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202320242025
EPS Basic xxxxxx-16.0
DPS All xxxxxx4.2
Sales/Revenue xxxxxx61.5 M
Book Value Per Share xxxxxx143.2
Net Operating Cash Flow xxxxxx33.2 M
Net Profit Margin xxxxxx-144.39 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202320242025
Return on Capital Employed xxxxxx-10.44 %
Return on Invested Capital xxxxxx-8.13 %
Return on Assets xxxxxx-6.54 %
Return on Equity xxxxxx-10.44 %
Return on Total Capital xxxxxx2.73 %
Free Cash Flow ex dividends xxxxxx-1.4 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 202320242025
Short-Term Debt xxxxxx445 M
Long Term Debt xxxxxx3 M
Total Debt xxxxxx448 M
Goodwill - Gross xxxxxx-
Cash & Equivalents - Generic xxxxxx41 M
Price To Book Value xxxxxx0.51

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202320242025
Capex xxxxxx0.0 M
Capex % of Sales xxxxxx0.00 %
Cost of Goods Sold xxxxxx17 M
Selling, General & Admin. Exp & Other xxxxxx9 M
Research & Development xxxxxx-
Investments - Total xxxxxx890 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

0.3

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxxxxxx xx xxxxxxxxxxx xxx xxxx xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

18/02/2026

5

Underweight

$0.73

2.82%

Morgan Stanley notes the key overhang for HealthCo Healthcare & Wellness REIT remains post the 1H26 result - the uncertainty as to the longer-term well-being of its leases to Healthscope. 

To date, the REIT has only had correspondence with Healthscope's Receivers, and is yet to receive a formal rent proposal from the restructured hospital operator.

HealthCo Healthcare & Wellness reported 1H26 funds from operations of $12.3m, with its unlisted healthcare fund not paying a distribution.

Morgan Stanley acknowledges the REIT has a strategy to put in alternate tenants across its Healthscope assets, but the timing of resolution remains uncertain.

Underweight retained, target falls to 73c from 89c. Industry view: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY26 dividend of 0.00 cents and EPS of 4.00 cents.
Morgan Stanley forecasts a full year FY27 dividend of 6.00 cents and EPS of 7.00 cents.

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

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
Access Extra Coverage Research History >

HCW STOCK CHART

FNArena News on HCW

1
Weekly Ratings, Targets, Forecast Changes – 20-02-26

Feb 23 2026 - Weekly Reports
2
FNArena Corporate Results Monitor – 18-02-2026

Feb 18 2026 - Australia
3
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Sep 18 2025 - Rudi's View
4
Rudi’s View: August Results; Standouts, Turnarounds, Failures & Misfits

Sep 10 2025 - Rudi's View
5
Australian Broker Call *Extra* Edition – Aug 21, 2025

Aug 21 2025 - Daily Market Reports

Latest REITs News

1
Australian Listed Real Estate Tables – 23-02-2026

Feb 23 2026 - Weekly Reports
2
Australian Listed Real Estate Tables – 16-02-2026

Feb 16 2026 - Weekly Reports
3
Australian Listed Real Estate Tables – 09-02-2026

Feb 09 2026 - Weekly Reports
4
Australian Listed Real Estate Tables – 02-02-2026

Feb 02 2026 - Weekly Reports
5
Australian Listed Real Estate Tables – 27-01-2026

Jan 27 2026 - Weekly Reports
6
Australian Listed Real Estate Tables – 22-12-2025

Dec 22 2025 - Weekly Reports
7
Australian Listed Real Estate Tables – 15-12-2025

Dec 15 2025 - Weekly Reports
8
Australian Listed Real Estate Tables – 08-12-2025

Dec 08 2025 - Weekly Reports
9
Australian Listed Real Estate Tables – 01-12-2025

Dec 01 2025 - Weekly Reports
10
Australian Listed Real Estate Tables – 24-11-2025

Nov 24 2025 - Weekly Reports