Earnings Alerts

Analyzing GPT Group (GPT) Earnings: Maintains Forecast amid High Occupancy Rates and Increased Specialty Sales

  • GPT Group continues to expect a Financial Year Funds From Operations (FFO) per share of approximately A$0.320.
  • The group also maintains its distribution per share forecast at A$0.240.
  • Total Assets Under Management (AUM) amount to A$35.3b.
  • Their retail portfolio boasts of an impressive 99.6% occupancy, and Total Specialty sales have seen a rise of 4.9%.
  • The office portfolio occupancy stood at 92% in the March Quarter.
  • Meanwhile, the logistics portfolio occupancy is also high with a 99.5% rate.
  • Given these factors, the firm has received 5 buy ratings, 3 hold ratings, and 4 sell ratings from analysts.
  • All comparisons are made with past results based on previously reported values from the company’s original disclosures.

A look at Gpt Group Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth2
Resilience2
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts reviewing the Smartkarma Smart Scores for GPT Group have assessed the company’s long-term outlook across different key factors. Impressively, GPT Group has been awarded a top score of 5 for its value, indicating a strong position in terms of valuation and potential for growth. Additionally, the company has also received a solid score of 4 for its dividend, showcasing a commitment to providing returns to its shareholders over time. However, the growth and resilience scores for GPT Group are comparatively lower at 2, suggesting potential challenges in these areas. The momentum score stands at 3, reflecting a moderate level of market momentum for the company.

In summary, GPT Group is a major player in the Australian real estate market, actively managing a diverse portfolio of retail, office, and industrial properties. Some of the notable assets under GPT Group’s ownership include the MLC Centre, Australia Square, Rouse Hill Town Centre, and Melbourne Central. With a strong emphasis on value and dividends, GPT Group showcases a solid foundation for long-term growth and stability, despite facing some challenges in terms of growth and resilience according to the Smartkarma Smart Scores.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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