Stride Property (SPG.NZ) Stock Price

Stride Property Price

NZX·CLOSED
1.05
​
Market closed

Over the last 17 years Stride Property grew revenue by 8.8% annually, reaching 97.71 M NZD. Earnings per share have declined at 11.1% per year over the last 17 years. For Stride Property, the net margin of 22.2% is down versus 204.7% a few years ago. At today's price the dividend yield works out to roughly 10.54%. The payout ratio is around 287% of earnings. The consensus 12-month price target for Stride Property is 1.53 NZD, about 45.7% above where the stock trades today. Of 9 analysts, 6 rate the stock a buy — an overall Buy consensus.

Stride Property stock price

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Stride Property business model & stock analysis

Stride Property Ltd is a leading real estate company in New Zealand that focuses exclusively on the ownership and management of commercial properties. The company was founded in 1994 and is headquartered in Auckland, New Zealand.

Frequently asked questions about Stride Property

The business model of Stride Property Ltd is focused on investing in and managing commercial properties in New Zealand. As a leading property company, Stride Property Ltd seeks to provide high-quality, sustainable, and efficient spaces for businesses. They aim to generate long-term value for shareholders through strategic property investments, active property management, and development projects. Stride Property Ltd has a diversified portfolio that includes retail, office, and industrial properties, offering attractive leasing opportunities to a wide range of tenants. With a strong track record and commitment to innovation, Stride Property Ltd remains dedicated to delivering optimal returns and enhancing the communities they operate in.

Stride Property Ltd is primarily active in the real estate industry.

Stride Property Ltd faces competition from various players in the real estate market. Some notable competitors include Kiwi Property Group, Precinct Properties New Zealand, and Argosy Property Limited. These companies are actively involved in property development, investment, and management activities, making them direct competitors to Stride Property Ltd. The competition among these firms stimulates innovation and drives the growth of the real estate sector as they vie for market share and seek to provide value to both tenants and investors.

Stride Property Ltd is a well-established New Zealand-based company operating in the real estate and property investment industry. With a rich history dating back several decades, Stride Property Ltd has built a strong reputation for its expertise in property management and development. Initially known as DNZ Property Fund, the company rebranded as Stride Property Ltd in 2015 to reflect its broader focus and strategic direction. Stride Property Ltd has since continued to thrive, offering a diverse range of commercial, industrial, and retail properties across the country. Known for its commitment to sustainability and strong financial performance, Stride Property Ltd remains a key player in the New Zealand property market.

Stride Property Ltd has achieved several significant milestones in its operations. The company has successfully expanded its portfolio through strategic acquisitions and developments, building a diverse range of high-quality properties. Stride Property Ltd has also forged strong partnerships and collaborations in the real estate industry, enhancing its market presence and driving growth. Moreover, the company has consistently delivered solid financial performance, including robust rental income and property valuations, while maintaining a focus on sustainable practices. These achievements demonstrate Stride Property Ltd's commitment to its stakeholders and position it as a leading player in the real estate sector.

Stride Property Ltd is primarily present in New Zealand. As a leading property investment company, Stride Property Ltd focuses on the acquisition, development, and management of commercial properties throughout the country. With a diverse portfolio of assets, including office buildings, retail centers, and industrial properties, Stride Property Ltd plays a prominent role in the New Zealand real estate market. With a strong presence and expertise in this region, the company continues to drive growth and deliver value to its stakeholders.

Stride Property Ltd is a leading property investment company in New Zealand. Their corporate philosophy revolves around delivering exceptional value to their stakeholders, including shareholders, tenants, and the wider community. Stride Property Ltd focuses on four core values: integrity, collaboration, innovation, and accountability. They prioritize long-term partnerships with their tenants, ensuring high-quality properties and sustainability. Stride Property Ltd believes in creating value for its shareholders through active management of its portfolio, optimizing returns, and fostering a culture of transparency and ethical business practices. With a strong emphasis on stakeholder relationships and sustainable outcomes, Stride Property Ltd is committed to driving positive change in the property investment industry.

Analysts currently set an average price target of 1.57 NZD for the Stride Property stock (median: 1.53 NZD), implying +49.2 % versus the latest price. The consensus is based on 9 analyst ratings.

9 analysts currently rate the Stride Property stock: 6 recommend buying, 3 holding and 0 selling. For 2026, analysts expect Stride Property to generate revenue of 77.92 M NZD and earnings per share of 0.09 NZD.

Converted at the current exchange rate, the Stride Property share trades at 0.53 EUR (1.05 NZD).

Stride Property Ltd is a leading company in New Zealand that operates in the real estate industry. With a portfolio of over 300 commercial properties valued at around NZD 2.2 billion, Stride Property is a key player in the New Zealand real estate market. The company is listed on the New Zealand Stock Exchange and is part of the S&P/NZX 50 Index, the leading stock index in New Zealand. The business model of Stride Property consists of several divisions, including Property Investment, Development, Management, and Funds Management. Each division has its own products and services that are specifically tailored to the needs of investors, tenants, and owners. The Property Investment division of Stride Property includes a portfolio of commercial properties, including offices, warehouses, industrial buildings, and retail properties. The company aims to maintain a diversified portfolio of properties to minimize portfolio risk and maximize growth opportunities. Property development as a core business of Stride Property involves carrying out construction projects to expand the portfolio with high-quality properties. Property management is another important part of Stride Property's business model. The company offers a wide range of services, from leasing and marketing properties to maintaining properties and monitoring security measures. Stride works with an experienced team of property managers who have extensive experience in property management. The Funds Management division of Stride Property specializes in the development and management of real estate funds. These funds provide investors with a variety of opportunities to invest in the New Zealand real estate market and benefit from its growth opportunities. Stride Property offers a wide range of funds, ranging from equity funds to real estate funds. Another core business of Stride Property is the management of real estate investment funds. These funds allow investors to invest their money in a group of properties that the company believes have high growth potential. Stride Property has a strong track record in developing and managing investment funds and offers a wide range of funds that focus on different types of properties. Overall, Stride Property's business model is unique and diverse. The company has a strong position in the New Zealand market and is committed to maximizing growth opportunities and minimizing portfolio risks. With an experienced team of property managers and a wide range of funds and product offerings, it is no wonder that Stride Property is one of the most well-known names in the New Zealand real estate market.

The expected revenue of Stride Property is 77.92 M NZD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Stride Property is 49.99 M NZD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Stride Property is currently 11.82. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Stride Property stock.

The price-to-sales ratio (P/S) of Stride Property is currently 7.58. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Stride Property stock.

The Eulerpool Quality Score for Stride Property is 3/10.

The ISIN of Stride Property is NZSPGE0001S2. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Stride Property is SPG.NZ. The ticker symbol is used to trade Stride Property shares on the stock exchange.

Fair ValueTerminal
0.89 NZD
Over-/UndervaluationTerminal
Fairly valued
Industry
Equity REITs
Number of shares
Employees
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
New Zealand
Currency
NZD
Initial public offering
Aug 16, 2010
ISIN
NZSPGE0001S2
Cusip
Q8782R109
Sedol
BD6K242
Market capitalization
590.76 M NZDSmall Cap
52-Week Range
PEG
-581.12
P/E ratio
P/Ee 2026
11.82
P/Ee 2027
11.68
P/Ee 2028
11.35
P/Ee 2029
11.49
P/Ee 2030
12.27
P/S
P/Se
7.58
EV/EBIT
14.51
P/B Ratio
0.62
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
1.57 %
Dividend
Dividend yield
10.54 %
Est. Dividend Yield
9.69 %
Payout Ratio
287.41 %
Dividend growth Ø5Y
—
Dividend payments per year
4
Dividend paid since
4 years
Dividend not reduced since
1 year
Dividend increased since
1 year
Dividend withholding tax
30.00 %
Last updated Oct 19, 2026, 2:47 AM

Stride Property Peer Group

Stride Property Ticker

NZW · SPG.NZNZW · SPG.NZ

Stride Property FIGI

SPG:NZ · BBG00D8MZ791