MAGELLAN FINANCIAL GROUP LIMITED (MFG)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

MFG

MFG - MAGELLAN FINANCIAL GROUP LIMITED

FNArena Sector : Wealth Management & Investments
Year End: June
GICS Industry Group : Diversified Financials
Debt/EBITDA: 0.03
Index: ASX200 | ASX300 | ALL-ORDS

Magellan Financial is a global investment company specialising in global equities and global listed infrastructure. It was formed in 2006 and has offices in Australia, New Zealand and the US. It acquired Airlie Funds in Australia in 2016.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$9.50

27 Aug
2026

-1.550

OPEN

$10.35

-14.03%

HIGH

$10.51

3,211,833

LOW

$9.44

TARGET
$9.303 -2.1% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . BVS . CGF . DJW . GDG . GQG . HMC . HUB . IFT . IRE . KAM . KSL . MAF . MQG . NGI . NWL . PAC . PNI . PPS . PPT . QAL . RPL . RZI . WHF .
FNARENA'S MARKET CONSENSUS FORECASTS
MFG: 1
Title FY25
Actual		 FY26
Actual		 FY27
Forecast		 FY28
Forecast
EPS (cps) xxx 50.3 68.6 xxx
DPS (cps) xxx 65.0 55.1 xxx
EPS Growth xxx - 45.8% 36.4% xxx
DPS Growth xxx - 11.3% - 15.2% xxx
PE Ratio xxx N/A 13.2 xxx
Dividend Yield xxx N/A 6.1% xxx
Div Pay Ratio(%) xxx 129.3% 80.4% xxx

Dividend yield today if purchased 3 years ago: 6.84%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 7.18

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: 25/08 - ex-div 21.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx50.3
DPS All xxxxxxxxxxxxxxx65.0
Sales/Revenue xxxxxxxxxxxxxxx206.8 M
Book Value Per Share xxxxxxxxxxxxxxx571.2
Net Operating Cash Flow xxxxxxxxxxxxxxx128.0 M
Net Profit Margin xxxxxxxxxxxxxxx42.52 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx8.53 %
Return on Invested Capital xxxxxxxxxxxxxxx8.53 %
Return on Assets xxxxxxxxxxxxxxx7.88 %
Return on Equity xxxxxxxxxxxxxxx8.53 %
Return on Total Capital xxxxxxxxxxxxxxx5.94 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-18.6 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 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx2 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx2 M
Goodwill - Gross xxxxxxxxxxxxxxx105 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx352 M
Price To Book Value xxxxxxxxxxxxxxx1.70

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx0.2 M
Capex % of Sales xxxxxxxxxxxxxxx0.10 %
Cost of Goods Sold xxxxxxxxxxxxxxx26 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx120 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx135 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

-0.1

No. Of Recommendations

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

Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

13/07/2026

2

Upgrade to Accumulate from Hold

$11.26

18.53%

Magellan Financial's fourth quarter update revealed a drop in assets under management by -$1bn to $36.7bn amid -$2.5bn in net outflows. Morgans observes a soft quarter, with the outflows a step up from recent trends and well above the average of the past four quarters.

While the company has execution risk in turning around the funds management business, the broker believes the merger with Barrenjoey reinvigorates the overall outlook.

The balance sheet is strong and with the recent pull back in the share price there is now more upside to the target so the rating is upgraded to Accumulate from Hold. Target is lowered to $11.26 from $11.29.

FORECAST
Morgans forecasts a full year FY27 dividend of 59.00 cents and EPS of 69.00 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxxxx xx xxxxx-xxxxxx xxxx xxxxxxxxxxx

$xx.xx

xx.xx%

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

MFG STOCK CHART

FNArena News on MFG

1
FNArena Corporate Results Monitor – 28-08-2026

Aug 28 2026 - Australia
2
Next Week At A Glance – 31 Aug – 4 Sep 2026

Aug 28 2026 - Weekly Reports
3
Rudi’s View: That’s The Way Markets Crumble

Aug 06 2026 - Rudi's View
4
Weekly Ratings, Targets, Forecast Changes – 17-07-26

Jul 20 2026 - Weekly Reports
5
Weekly Ratings, Targets, Forecast Changes – 10-07-26

Jul 13 2026 - Weekly Reports

Latest Wealth Management & Investments News

1
Weekly Update On LICs & LITs – 25-Aug-2026

Aug 25 2026 - Weekly Reports
2
Weekly Update On LICs & LITs – 18-Aug-2026

Aug 18 2026 - Weekly Reports
3
Pinnacle’s FY26 ‘Messy’ But Positive

Aug 07 2026 - Australia
4
Weekly Update On LICs & LITs – 04-Aug-2026

Aug 04 2026 - Weekly Reports
5
Monthly Listed Investment Trust Report – Jul 2026

Aug 03 2026 - Australia
6
AI To Transform Asset Management

Jul 29 2026 - International
7
Weekly Update On LICs & LITs – 28-Jul-2026

Jul 28 2026 - Weekly Reports
8
Navigator Builds Momentum Into FY27

Jul 24 2026 - Small Caps
9
Weekly Update On LICs & LITs – 21-Jul-2026

Jul 21 2026 - Weekly Reports
10
Weekly Update On LICs & LITs – 14-Jul-2026

Jul 14 2026 - Weekly Reports