Mirvac Group (MGR.AX) Stock Price
Mirvac Group Price
Over the last 19 years Mirvac Group grew revenue by 2.1% annually, reaching 2.62 B AUD. Earnings per share have grown at 0.7% per year over the last 19 years. For Mirvac Group, the net margin of 25.8% is down versus 40.3% a few years ago. At today's price the dividend yield works out to roughly 5.32%. The payout ratio is around 208% of earnings. The consensus 12-month price target for Mirvac Group is 2.45 AUD, about 37.0% above where the stock trades today. Of 13 analysts, 7 rate the stock a buy — an overall Buy consensus.
Mirvac Group stock price
Mirvac Group business model & stock analysis
Frequently asked questions about Mirvac Group
The business model of Mirvac Group focuses on property development, investment, and management. Mirvac Group is a leading Australian diversified property group, known for its expertise in creating and managing quality residential and commercial projects. With a strong emphasis on sustainability and innovation, Mirvac Group aims to deliver superior outcomes for its shareholders, customers, and communities. Through strategic partnerships and a diverse portfolio, the company develops and owns a wide range of assets including residential, office, retail, and industrial properties. Mirvac Group further enhances its business model by providing exceptional customer experiences, fostering partnerships, and creating value for its stakeholders.
Mirvac Group is primarily active in the real estate industry. They are involved in property development, investment, and management across various sectors including residential, office, retail, and industrial. Mirvac Group focuses on creating sustainable, well-designed, and innovative developments that enhance communities and provide value for their stakeholders. Their expertise in the real estate market, coupled with a strong track record and commitment to quality, makes Mirvac Group a prominent player in the industry.
The main competitors of Mirvac Group in the market include companies such as Lendlease Group, Stockland Corporation Ltd, and Dexus.
Mirvac Group is a leading Australian property group with a rich history and impressive background. Established in 1972, Mirvac has grown to become one of the country's largest integrated property developers. The company focuses on creating vibrant, sustainable, and inclusive communities by delivering high-quality residential, retail, office, and industrial spaces. Mirvac has been involved in numerous landmark projects, including developments in major cities like Sydney, Melbourne, and Brisbane. Renowned for its innovation and commitment to excellence, Mirvac has received numerous accolades and awards in the property industry. With a strong track record and a clear vision, Mirvac Group continues to shape the landscape of the Australian property market.
Mirvac Group has achieved significant milestones throughout its history. Some notable achievements include the development of iconic buildings such as the award-winning International Towers Sydney, which has redefined the city's skyline. The company has also made a mark with successful investments and joint ventures, enabling it to expand its portfolio and deliver strong financial results. Additionally, Mirvac Group has received recognition for its commitment to sustainability, earning multiple sustainability awards for its green building initiatives. These milestones showcase Mirvac Group's dedication to excellence, innovation, and creating long-term value for its stakeholders.
Mirvac Group is primarily present in Australia.
Mirvac Group is a leading Australian property company known for its strong values and corporate philosophy. Mirvac Group embraces sustainability, innovation, and community engagement. With a vision to reimagine urban life, the company focuses on creating exceptional places that enrich people's lives. Mirvac Group is committed to operating with integrity and transparency, delivering sustainable and resilient projects, and prioritizing the well-being of its customers and communities. The company's philosophy revolves around responsible growth, long-term value creation, and fostering meaningful relationships. Through its dedication to sustainability and its customer-centric approach, Mirvac Group aims to shape a better future for all stakeholders involved.
Analysts currently set an average price target of 2.44 AUD for the Mirvac Group stock (median: 2.45 AUD), implying +36.6 % versus the latest price. The consensus is based on 13 analyst ratings.
13 analysts currently rate the Mirvac Group stock: 7 recommend buying, 5 holding and 1 selling.
Converted at the current exchange rate, the Mirvac Group share trades at 1.10 EUR (1.79 AUD).
The Mirvac Group share (MGR.AX) is listed on 5 stock exchanges, including: SIX (Zürich) (MGR.SW), ASX (MGR.AX), Frankfurt (MJB.F), Düsseldorf (MJB.DU).
The Mirvac Group is a leading Australian real estate company that was originally founded in 1972. The company operates in various divisions, including real estate development, investment, management and operation of properties, as well as offering construction services. Real estate development is one of the key divisions of the Mirvac Group. The company focuses on the development of residential properties, office buildings, retail properties, and industrial properties. The projects are carried out in partnerships with other companies or independently by Mirvac. Mirvac has extensive knowledge and experience in real estate development and works closely with urban planners, architects, and other professionals to implement projects that meet the needs of customers and communities. In the investment division, the company is primarily engaged in real estate investments. This is a long-term strategy to achieve stable and sustainable returns. The company has a well-diversified portfolio of properties invested both in Australia and overseas. The portfolio includes properties from various sectors such as offices, retail, residential, and industrial. In the property management division, the Mirvac Group operates a variety of properties that the company has either developed or acquired. The role of management is to maximize the assets of the properties and ensure they achieve optimal returns for investors. The Mirvac Group has an experienced team of real estate experts who successfully operate and manage properties. The company also offers a wide range of construction services, from construction to building maintenance. The construction services include land development, building permits, planning and project management of construction projects, as well as facilities management and building maintenance. The Mirvac Group takes pride in offering high-quality construction services and has received numerous awards and accolades for its work in the past. Mirvac's portfolio also includes various products and services aimed at making customers' lives easier. For example, the company offers smart living solutions tailored to the needs of modern lifestyles. These solutions include a wide range of technologies and services that allow residents to control and monitor their apartments. Overall, the business model of the Mirvac Group is focused on providing customers and investors with high-quality real estate and services. The company relies on long-term relationships with customers and investors and pursues a sustainable and responsible business strategy. By focusing on the various divisions of the real estate business, the Mirvac Group is able to offer a diversified portfolio of high-quality properties and services that are attractive to both customers and investors.
The revenue of Mirvac Group is 2.62 B AUD. This figure is based on current financial data and reflects the company's business performance.
The profit of Mirvac Group is 677.00 M AUD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Mirvac Group is currently 10.42. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Mirvac Group stock.
The price-to-sales ratio (P/S) of Mirvac Group is currently 2.69. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Mirvac Group stock.
The Eulerpool Quality Score for Mirvac Group is 3/10.
The ISIN of Mirvac Group is AU000000MGR9. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Mirvac Group is 924371. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Mirvac Group is MGR.AX. The ticker symbol is used to trade Mirvac Group shares on the stock exchange.
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All fundamentals and in-depth analysis of Mirvac Group
Our stock analysis for Mirvac Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Mirvac Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.