Growthpoint Properties (GRT.JO) Stock Price

Growthpoint Properties Price

JSE·CLOSED
1,756.00ZAR-11.00 (-0.62 %)
Market closed

Over the last 19 years Growthpoint Properties grew revenue by 12.8% annually, reaching 13.57 B ZAR. Earnings per share have grown at 44.9% per year over the last 19 years. For Growthpoint Properties, the net margin of 40.2% is up versus -3.8% a few years ago. At today's price the dividend yield works out to roughly 0.07%. The payout ratio is around 77% of earnings. The dividend has grown at 0.6% per year over the past 19 years. The consensus 12-month price target for Growthpoint Properties is 18.97 ZAR, about 98.9% below where the stock trades today. Of 9 analysts, 7 rate the stock a buy — an overall Buy consensus. The stock trades about 26% above its 52-week low.

Growthpoint Properties stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Growthpoint Properties over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Growthpoint Properties stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Growthpoint Properties's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Growthpoint Properties Stock Price History
DateGrowthpoint Properties Price
8/11/20261,756.00 ZAR
8/7/20261,767.00 ZAR
8/6/20261,765.00 ZAR
8/5/20261,760.00 ZAR
8/4/20261,772.00 ZAR
7/31/20261,768.00 ZAR
7/30/20261,747.00 ZAR
7/29/20261,740.00 ZAR
7/28/20261,720.00 ZAR
7/27/20261,703.00 ZAR
7/24/20261,682.00 ZAR
7/23/20261,702.00 ZAR
7/22/20261,712.00 ZAR
7/21/20261,728.00 ZAR
7/20/20261,738.00 ZAR
7/17/20261,736.00 ZAR
7/16/20261,739.00 ZAR
7/15/20261,739.00 ZAR
7/14/20261,740.00 ZAR
7/13/20261,740.00 ZAR
7/10/20261,735.00 ZAR
7/9/20261,715.00 ZAR
7/8/20261,709.00 ZAR
7/7/20261,742.00 ZAR
7/6/20261,749.00 ZAR
7/3/20261,731.00 ZAR
7/2/20261,723.00 ZAR
7/1/20261,699.00 ZAR
6/30/20261,725.00 ZAR
6/29/20261,749.00 ZAR
6/26/20261,767.00 ZAR
6/25/20261,747.00 ZAR
6/24/20261,737.00 ZAR
6/23/20261,755.00 ZAR
6/22/20261,765.00 ZAR
6/19/20261,761.00 ZAR
6/18/20261,741.00 ZAR
6/17/20261,728.00 ZAR
6/15/20261,724.00 ZAR
6/12/20261,706.00 ZAR
6/11/20261,690.00 ZAR
6/10/20261,660.00 ZAR
6/9/20261,665.00 ZAR
6/8/20261,635.00 ZAR
6/5/20261,641.00 ZAR
6/4/20261,623.00 ZAR
6/3/20261,627.00 ZAR
6/2/20261,639.00 ZAR
6/1/20261,656.00 ZAR
5/29/20261,676.00 ZAR
5/28/20261,676.00 ZAR
5/27/20261,692.00 ZAR
5/26/20261,699.00 ZAR
5/25/20261,676.00 ZAR
5/22/20261,661.00 ZAR
5/21/20261,657.00 ZAR
5/20/20261,648.00 ZAR
5/19/20261,648.00 ZAR
5/18/20261,670.00 ZAR
5/15/20261,645.00 ZAR
5/14/20261,656.00 ZAR
5/13/20261,623.00 ZAR
5/12/20261,639.00 ZAR
5/11/20261,628.00 ZAR
5/8/20261,633.00 ZAR
5/7/20261,644.00 ZAR
5/6/20261,646.00 ZAR
5/5/20261,612.00 ZAR
5/4/20261,626.00 ZAR
4/30/20261,635.00 ZAR
4/29/20261,645.00 ZAR
4/28/20261,670.00 ZAR
4/24/20261,685.00 ZAR
4/23/20261,690.00 ZAR
4/22/20261,700.00 ZAR
4/21/20261,711.00 ZAR
4/20/20261,709.00 ZAR
4/17/20261,727.00 ZAR
4/16/20261,694.00 ZAR
4/15/20261,702.00 ZAR
4/14/20261,741.00 ZAR
4/13/20261,728.00 ZAR
4/10/20261,731.00 ZAR
4/9/20261,725.00 ZAR
4/8/20261,750.00 ZAR
4/7/20261,618.00 ZAR
4/2/20261,624.00 ZAR
4/1/20261,626.00 ZAR
3/31/20261,617.00 ZAR
3/30/20261,611.00 ZAR
3/27/20261,614.00 ZAR
3/26/20261,637.00 ZAR
3/25/20261,648.00 ZAR
3/24/20261,626.00 ZAR
3/23/20261,612.00 ZAR
3/20/20261,641.00 ZAR
3/19/20261,624.00 ZAR
3/18/20261,620.00 ZAR
3/17/20261,650.00 ZAR
3/16/20261,645.00 ZAR
3/13/20261,615.00 ZAR
3/12/20261,620.00 ZAR
3/11/20261,677.00 ZAR
3/10/20261,715.00 ZAR
3/9/20261,690.00 ZAR
3/6/20261,716.00 ZAR
3/5/20261,776.00 ZAR
3/4/20261,783.00 ZAR
3/3/20261,787.00 ZAR
3/2/20261,845.00 ZAR
2/27/20261,881.00 ZAR
2/26/20261,841.00 ZAR
2/25/20261,849.00 ZAR
2/24/20261,858.00 ZAR
2/23/20261,858.00 ZAR
2/20/20261,856.00 ZAR
2/19/20261,885.00 ZAR
2/18/20261,877.00 ZAR
2/17/20261,867.00 ZAR
2/16/20261,859.00 ZAR
2/13/20261,835.00 ZAR
2/12/20261,875.00 ZAR
2/11/20261,865.00 ZAR
2/10/20261,847.00 ZAR
2/9/20261,854.00 ZAR
2/6/20261,868.00 ZAR
2/5/20261,793.00 ZAR
2/4/20261,802.00 ZAR
2/3/20261,831.00 ZAR
2/2/20261,790.00 ZAR
1/30/20261,770.00 ZAR
1/29/20261,772.00 ZAR
1/28/20261,742.00 ZAR
1/27/20261,790.00 ZAR
1/26/20261,786.00 ZAR
1/23/20261,785.00 ZAR
1/22/20261,803.00 ZAR
1/21/20261,786.00 ZAR
1/20/20261,798.00 ZAR
1/19/20261,775.00 ZAR
1/16/20261,771.00 ZAR
1/15/20261,747.00 ZAR
1/14/20261,738.00 ZAR
1/13/20261,795.00 ZAR
1/12/20261,771.17 ZAR
1/9/20261,789.00 ZAR
1/8/20261,794.00 ZAR
1/7/20261,805.00 ZAR
1/6/20261,782.00 ZAR
1/5/20261,745.00 ZAR
1/2/20261,745.00 ZAR
12/31/20251,716.00 ZAR
12/30/20251,741.00 ZAR
12/29/20251,740.00 ZAR
12/24/20251,708.00 ZAR
12/23/20251,708.00 ZAR
12/22/20251,709.00 ZAR
12/19/20251,714.00 ZAR
12/18/20251,720.00 ZAR
12/17/20251,704.00 ZAR
12/15/20251,691.00 ZAR
12/12/20251,675.00 ZAR
12/11/20251,673.00 ZAR
12/10/20251,661.00 ZAR
12/9/20251,661.00 ZAR
12/8/20251,691.59 ZAR
12/5/20251,716.00 ZAR
12/4/20251,737.00 ZAR
12/3/20251,730.00 ZAR
12/2/20251,710.00 ZAR
12/1/20251,728.00 ZAR
11/28/20251,750.00 ZAR
11/27/20251,748.00 ZAR
11/26/20251,755.00 ZAR
11/25/20251,727.00 ZAR
11/24/20251,731.00 ZAR
11/21/20251,730.00 ZAR
11/20/20251,740.00 ZAR
11/19/20251,726.60 ZAR
11/18/20251,710.00 ZAR
11/17/20251,717.00 ZAR
11/14/20251,698.00 ZAR
11/13/20251,706.00 ZAR
11/12/20251,690.00 ZAR
11/11/20251,652.00 ZAR
11/10/20251,667.00 ZAR
11/7/20251,675.00 ZAR
11/6/20251,666.00 ZAR
11/5/20251,645.00 ZAR
11/4/20251,647.00 ZAR
11/3/20251,644.00 ZAR
10/31/20251,631.09 ZAR
10/30/20251,623.00 ZAR
10/29/20251,608.00 ZAR
10/28/20251,610.00 ZAR
10/27/20251,578.00 ZAR
10/24/20251,570.00 ZAR
10/23/20251,593.00 ZAR
10/22/20251,574.00 ZAR
10/21/20251,552.00 ZAR
10/20/20251,558.00 ZAR
10/17/20251,528.00 ZAR
10/16/20251,517.04 ZAR
10/15/20251,490.00 ZAR
10/14/20251,584.00 ZAR
10/13/20251,579.00 ZAR
10/10/20251,573.00 ZAR
10/9/20251,539.00 ZAR
10/8/20251,524.00 ZAR
10/7/20251,517.00 ZAR
10/6/20251,517.00 ZAR
10/3/20251,500.00 ZAR
10/2/20251,470.00 ZAR
10/1/20251,472.00 ZAR
9/30/20251,473.00 ZAR
9/29/20251,480.00 ZAR
9/26/20251,480.00 ZAR
9/25/20251,501.11 ZAR
9/23/20251,513.49 ZAR
9/22/20251,496.00 ZAR
9/19/20251,496.00 ZAR
9/18/20251,510.00 ZAR
9/17/20251,508.00 ZAR
9/16/20251,487.14 ZAR
9/15/20251,484.00 ZAR
9/12/20251,496.00 ZAR
9/11/20251,483.00 ZAR
9/10/20251,455.00 ZAR
9/9/20251,426.00 ZAR
9/8/20251,410.00 ZAR
9/5/20251,405.00 ZAR
9/4/20251,398.00 ZAR
9/3/20251,396.00 ZAR
9/2/20251,419.00 ZAR
9/1/20251,438.00 ZAR
8/29/20251,443.00 ZAR
8/28/20251,464.00 ZAR
8/27/20251,468.00 ZAR
8/26/20251,457.00 ZAR
8/25/20251,482.00 ZAR
8/22/20251,497.00 ZAR
8/21/20251,482.00 ZAR
8/20/20251,481.00 ZAR
8/19/20251,474.56 ZAR
8/18/20251,474.00 ZAR
8/15/20251,480.00 ZAR
8/14/20251,477.00 ZAR
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Growthpoint Properties Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
13.74 B ZAR
8.86 B ZAR
2.36 B ZAR
Jan 1, 2024
12.90 B ZAR
8.20 B ZAR
1.27 B ZAR
Jan 1, 2025
13.57 B ZAR
8.66 B ZAR
5.46 B ZAR
Jan 1, 2026 (e)
7.66 B ZAR
5.09 B ZAR
5.19 B ZAR
Jan 1, 2027 (e)
7.86 B ZAR
5.22 B ZAR
5.43 B ZAR
Jan 1, 2028 (e)
8.15 B ZAR
5.42 B ZAR
5.73 B ZAR
Jan 1, 2029 (e)
7.18 B ZAR
4.77 B ZAR
6.12 B ZAR
Jan 1, 2030 (e)
7.44 B ZAR
4.94 B ZAR
6.49 B ZAR

Growthpoint Properties Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 14, 2026, 12:38 AM
 
REVENUEB ZAR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB ZAR
EBITB ZAR
EBIT MARGIN%
NET INCOMEB ZAR
NET INCOME GROWTH%
DIV.ZAR
DIV. GROWTH%
SHARESB
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
7.8710.2210.7610.9311.5512.3613.1313.0513.7412.9013.577.667.868.157.187.44
19.1529.855.251.595.756.986.19-0.595.30-6.145.20-43.562.593.72-11.933.61
79.2979.2079.1378.3577.2775.6773.2472.3971.1270.9071.3671.3671.3671.3671.3671.36
6.248.098.518.568.939.359.619.459.779.149.685.465.615.815.125.31
5.847.698.008.038.398.468.988.608.868.208.665.095.225.424.774.94
74.1475.2374.3773.4572.6268.4268.3865.8964.4563.5763.8066.4966.5066.4966.4966.48
6.965.167.526.666.32-6.87-0.507.942.361.275.465.195.435.736.126.49
24.66-25.8245.84-11.44-5.13-208.61-92.76-1,696.98-70.32-46.14330.10-4.914.535.686.755.98
1.731.841.962.092.181.461.171.281.301.201.2466.8380.2096.24––
7.456.366.526.634.31-33.03-19.869.401.56-7.693.335,289.5220.0120.00––
2.382.722.832.922.962.993.253.423.423.413.423.423.423.423.423.42
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Growthpoint Properties generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Growthpoint Properties retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Growthpoint Properties's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Growthpoint Properties has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Growthpoint Properties's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Growthpoint Properties stock margins

The Growthpoint Properties margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Growthpoint Properties. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Growthpoint Properties.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
73.24 %
68.38 %
-3.79 %
Jan 1, 2022
72.39 %
65.89 %
60.83 %
Jan 1, 2023
71.12 %
64.45 %
17.15 %
Jan 1, 2024
70.90 %
63.57 %
9.84 %
Jan 1, 2025
71.36 %
63.80 %
40.23 %
Jan 1, 2026 (e)
71.36 %
66.49 %
67.77 %
Jan 1, 2027 (e)
71.36 %
66.49 %
69.06 %
Jan 1, 2028 (e)
71.36 %
66.49 %
70.36 %

Growthpoint Properties Stock Revenue, EBIT, Earnings per Share

The Growthpoint Properties earnings per share therefore indicates how much revenue Growthpoint Properties has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
4.04 ZAR
2.76 ZAR
-0.15 ZAR
Jan 1, 2022
3.82 ZAR
2.51 ZAR
2.32 ZAR
Jan 1, 2023
4.02 ZAR
2.59 ZAR
0.69 ZAR
Jan 1, 2024
3.78 ZAR
2.40 ZAR
0.37 ZAR
Jan 1, 2025
3.97 ZAR
2.53 ZAR
1.60 ZAR
Jan 1, 2026 (e)
2.24 ZAR
1.49 ZAR
1.52 ZAR
Jan 1, 2027 (e)
2.30 ZAR
1.53 ZAR
1.59 ZAR
Jan 1, 2028 (e)
2.39 ZAR
1.59 ZAR
1.68 ZAR

Growthpoint Properties business model & stock analysis

Growthpoint Properties Ltd is a South African real estate company founded in 1987. It is listed on the Johannesburg Stock Exchange and the Australian Stock Exchange, and is the largest real estate company in South Africa. Growthpoint Properties primarily focuses on commercial properties and owns and manages a wide range of properties, including office buildings, retail properties, logistics centers, warehouses, and hotels. The company is also involved in real estate development, leasing, and sales. The business model of Growthpoint Properties is focused on sustainable growth and is based on three pillars: asset optimization, development, and international expansion. Asset optimization aims to increase the value of existing real estate portfolios by optimizing leases and increasing occupancy rates. Development focuses on developing new projects to expand the company's portfolio. Finally, international expansion focuses on expanding the company into other countries, particularly in Europe and Australia. Growthpoint Properties operates in four main business segments: office, retail, industrial, and corporate. Each business segment offers specific services and has specific products. The office segment offers a wide range of office buildings tailored to different industries and needs. The portfolio includes some of the best office buildings in the country, including the 140m high Pinnacle Building in Sandton, Johannesburg. The retail segment includes retail properties such as shopping centers and specialty markets. Growthpoint Properties owns and manages some of the largest shopping centers in the country, including Gateway Theatre of Shopping in Durban and V&A Waterfront in Cape Town. The industrial segment includes logistics centers, warehouses, and manufacturing facilities. The company owns some of the largest logistics centers in the country, including the 100,000 sqm Cape Town Industrial Park. The corporate segment offers specialized real estate services and solutions for large companies. These services include leasing and management of office buildings, logistics centers, and retail properties. Growthpoint Properties is also involved in real estate development and has some notable development projects in its portfolio. Notable projects include the construction of office buildings such as the 144 Oxford Road Development in Rosebank, Johannesburg, and the Pearls of Umhlanga Development in Durban. In summary, Growthpoint Properties is one of the most successful real estate companies in South Africa and has a diverse portfolio of properties in various industries and sectors. The company is also capable of expanding its services internationally, making it an attractive partner for investors.

Growthpoint Properties SWOT Analysis

Strengths

Growthpoint Properties Ltd possesses several strengths that contribute to its success in the real estate market. These strengths are:

  • A large and diverse property portfolio with a wide range of property types and locations.
  • A strong financial position, enabling the company to invest in strategic acquisitions and development opportunities.
  • A solid reputation for delivering high-quality properties and services to tenants.
  • A well-established and experienced management team with a deep understanding of the real estate industry.
  • A strong brand presence and recognition within the market.

Weaknesses

Despite its overall strength, Growthpoint Properties Ltd also faces certain weaknesses that could hamper its performance. These weaknesses include:

  • Reliance on a specific geographical region for a significant portion of its revenue, making it vulnerable to regional economic fluctuations.
  • Potential exposure to interest rate fluctuations, which could impact the company's borrowing costs and profitability.
  • Some properties within its portfolio may be outdated or require significant refurbishments, posing additional expenses.
  • Relatively high debt levels, which can limit financial flexibility in a challenging economic environment.
  • Strong competition from other established players in the market, requiring continuous innovation and differentiation.

Opportunities

Growthpoint Properties Ltd can leverage certain opportunities to further expand and enhance its market position. These opportunities include:

  • Growing demand for sustainable and energy-efficient properties, allowing the company to develop and lease environmentally friendly buildings.
  • Potential for geographic expansion into emerging markets with favorable economic conditions and high growth potential.
  • Increasing urbanization and infrastructure development, creating demand for commercial and residential properties.
  • Demographic trends, such as population growth and changing consumer preferences, opening up new property investment opportunities.
  • Technology advancements that can be harnessed to improve operational efficiency, enhance tenant experiences, and streamline property management processes.

Threats

Growthpoint Properties Ltd must also be vigilant about potential threats that could impact its business performance. These threats include:

  • Economic downturns and recessions that could reduce demand for properties, leading to increased vacancies and decreased rental income.
  • Government regulations and policies, such as changes in tax regulations or zoning laws, that may impact property development and leasing activities.
  • Volatility in interest rates, which can affect borrowing costs and investment returns.
  • Political instability and social unrest in certain regions, which may disrupt operations and investment plans.
  • Emergence of new competitors or existing competitors intensifying their market presence, leading to increased competition for tenants and property acquisitions.

Growthpoint Properties Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Growthpoint Properties historical P/E ratio, EBIT multiple, and P/S ratio

Growthpoint Properties annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Growthpoint Properties shares outstanding

The number of shares of Growthpoint Properties was 3.42 B in 2025. This indicates how many shares Growthpoint Properties is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
3.25 B Stocks
Jan 1, 2022
3.42 B Stocks
Jan 1, 2023
3.42 B Stocks
Jan 1, 2024
3.41 B Stocks
Jan 1, 2025
3.42 B Stocks
Jan 1, 2026 (e)
3.42 B Stocks
Jan 1, 2027 (e)
3.42 B Stocks
Jan 1, 2028 (e)
3.42 B Stocks

Growthpoint Properties stock splits

In Growthpoint Properties's history, there have been no stock splits.

Growthpoint Properties Dividend History

36 years of dividend payments

YearAnnual DividendYoY ChangePayments
202666.20ZARYTD—1×
Apr 15, 202666.20ZAR↑ 10,358.1%1/1
20251.24ZAR↑ 3.5%2×
Apr 15, 20250.61ZAR↑ 1,933.3%1/2
Oct 15, 20250.63ZAR↑ 3.8%2/2
20241.20ZAR↓ 7.7%3×
20231.30ZAR↑ 1.3%2×
20221.28ZAR↑ 8.4%2×
20211.19ZAR↓ 18.8%2×
20201.46ZAR↓ 33.1%2×
20192.18ZAR↑ 4.6%2×
20182.09ZAR↑ 6.5%2×
20171.96ZAR↑ 6.5%2×

Growthpoint Properties dividend history and estimates

In 2025, Growthpoint Properties paid a dividend amounting to 1.24 ZAR. Dividend means that Growthpoint Properties distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021 (e)
1.19 ZAR
-0.02 ZAR
0.00 ZAR
Jan 1, 2022
1.28 ZAR
0.00 ZAR
0.00 ZAR
Jan 1, 2023
1.30 ZAR
0.00 ZAR
0.00 ZAR
Jan 1, 2024
1.20 ZAR
0.00 ZAR
0.00 ZAR
Jan 1, 2025
1.24 ZAR
0.00 ZAR
0.00 ZAR
Jan 1, 2026
66.83 ZAR
0.00 ZAR
0.00 ZAR
Jan 1, 2027 (e)
0.00 ZAR
80.20 ZAR
0.00 ZAR
Jan 1, 2028 (e)
0.00 ZAR
96.24 ZAR
0.00 ZAR

Growthpoint Properties dividend payout ratio

In 2025, Growthpoint Properties had a payout ratio of 77.11%. The payout ratio indicates the percentage of the company's profits that Growthpoint Properties distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
-774.00 %
Jan 1, 2022
55.31 %
Jan 1, 2023
188.91 %
Jan 1, 2024
316.49 %
Jan 1, 2025
77.11 %
Jan 1, 2026 (e)
4,398.35 %
Jan 1, 2027 (e)
5,048.76 %
Jan 1, 2028 (e)
5,733.66 %

Current Growthpoint Properties forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.54 %
Buy
77.78 % (7)
Hold
22.22 % (2)
Sell
0.00 % (0)
12M Price Target
18.97
Last Price
1,750.00
Currency
ZAR
12M Return Potential
-98.92 %
LTM Return
0 %

EESG©

Eulerpool ESG Scorecard© for the Growthpoint Properties stock

76/100
89
Environment
97
Social
41
Governance
E

Environment

20
Scope 1 - Direct Emissions18,487.34
Scope 2 - Indirect emissions from purchased energy42,801.5
Scope 3 - Indirect emissions within the value chain536,682.11
Total CO₂ emissions61,288.84
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees54
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees38.5
Black Management Share16.79
Percentage of white employees32.3
White Management Share45.98
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Growthpoint Properties shareholder structure

% Name
5.06612%
Ninety One SA Pty Ltd.
Ninety One SA Pty Ltd.
1.00855%
Mellon Investments Corporation
Mellon Investments Corporation
0.95964%
Mirae Asset Global Investments (USA) LLC
Mirae Asset Global Investments (USA) LLC
0.73696%
Dimensional Fund Advisors, Ltd.
Dimensional Fund Advisors, Ltd.
0.56215%
RBC Global Asset Management (UK) Limited
RBC Global Asset Management (UK) Limited
0.46357%
10X Investments (Pty) Ltd.
10X Investments (Pty) Ltd.

Growthpoint Properties Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.7%
Float Shares
-
Shares Outstanding
-

Growthpoint Properties Executives and Management Board

26 members · avg. age 55 · 20 % women

LS

Mr. Leon Sasse (58)

Group Chief Executive Officer, Executive Director

27.27 M ZAR

Management

EK

Mr. Estienne De Klerk (54)

Chief Executive Officer of South Africa, Executive Director · since 2008

21.20 M ZAR
XH

Mr. Xolani Hlatshwayo (41)

Group Legal Counsel

–
AP

Ms. Aasha Patel (52)

Group Treasurer

–
EB

Mr. Engelbert Binedell (54)

Chief Operating Officer - South Africa

–
DB

Mr. D. Boshoff

Property Market Analyst

–
AD

Mr. Alec Davis (58)

Chief Information Officer · since 2022

–

Board of Directors

GV

Mr. Gerald Voelkel (63)

Group Financial Director, Executive Director · since 2013

13.05 M ZAR
RG

Mr. Rhidwaan Gasant (64)

Non-Executive Independent Chairman of the Board · since 2020

3.27 M ZAR
FB

Mr. Frank Berkeley (67)

Non-Executive Independent Director

1.78 M ZAR
MH

Mr. Melt Hamman (52)

Non-Executive Independent Director

1.57 M ZAR
EW

Mrs. Eileen Wilton (63)

Non-Executive Independent Director

1.39 M ZAR
AS

Mr. Andile Sangqu (57)

Lead Non-Executive Independent Director

1.38 M ZAR

Frequently asked questions about Growthpoint Properties

The business model of Growthpoint Properties Ltd is focused on commercial property investment and development. As a leading property company based in South Africa, Growthpoint Properties specializes in the acquisition, management, and development of a diverse portfolio of high-quality properties. Its business model is centered around generating long-term income from leasing these properties to a wide range of tenants, including commercial, industrial, and retail occupants. By maintaining a well-balanced and geographically diversified portfolio, Growthpoint Properties strives to maximize rental income, enhance property values, and provide sustainable returns to its shareholders.

Growthpoint Properties Ltd is primarily active in the real estate industry.

The main competitors of Growthpoint Properties Ltd in the market are Redefine Properties Limited, Vukile Property Fund Limited, and Investec Property Fund Limited.

Growthpoint Properties Ltd is a leading South African real estate investment trust (REIT). Established in 1987, Growthpoint has grown to become the largest REIT in South Africa and holds quality assets in various sectors, including office, retail, industrial, and residential properties. With a diverse property portfolio and a successful track record spanning over three decades, Growthpoint has positioned itself as a trusted and reliable player in the real estate sector. The company's commitment to sustainable long-term growth has contributed to its strong financial performance and reputation in the market.

Growthpoint Properties Ltd has achieved several significant milestones throughout its history. Some notable achievements include the successful acquisition of various prime properties, expansion of its real estate portfolio, and consistent growth in its financial performance. The company has also established strategic partnerships and joint ventures, allowing it to penetrate new markets and enhance its global presence. Additionally, Growthpoint Properties Ltd has received recognition for its commitment to sustainability and responsible business practices. These achievements have reinforced the company's position as a leading player in the real estate industry, contributing to its continued success and profitability.

Growthpoint Properties Ltd is primarily present in South Africa, with a focus on its local market. As the largest South African listed REIT (Real Estate Investment Trust), Growthpoint Properties Ltd has a diversified property portfolio that spans across various sectors, including retail, office, and industrial properties. With a strong presence in major cities like Johannesburg, Cape Town, and Durban, the company plays a significant role in the South African real estate market.

Growthpoint Properties Ltd represents a strong emphasis on integrity, sustainability, and long-term value creation. The company's corporate philosophy revolves around delivering superior investment returns for shareholders, while also prioritizing the well-being of communities and the environment. With a commitment to innovation and excellence, Growthpoint Properties Ltd strives to provide premium property assets and best-in-class services. The company's dedication to responsible business practices and ethical conduct sets them apart, earning the trust of investors and stakeholders. By continuously focusing on growth and maintaining a customer-centric approach, Growthpoint Properties Ltd aims to be a leading player in the real estate industry.

Analysts currently set an average price target of 19.39 ZAR for the Growthpoint Properties stock (median: 18.97 ZAR), implying -98.9 % versus the latest price. The consensus is based on 9 analyst ratings.

Growthpoint Properties Analyst Price Targets 2026

9 analysts currently rate the Growthpoint Properties stock: 5 recommend buying, 4 holding and 0 selling. For 2026, analysts expect Growthpoint Properties to generate revenue of 7.66 B ZAR and earnings per share of 1.52 ZAR.

Growthpoint Properties Analyst Price Targets 2026

Converted at the current exchange rate, the Growthpoint Properties share trades at 94.35 EUR (1,756.00 ZAR).

The Growthpoint Properties share (GRT.JO) is listed on 4 stock exchanges, including: Frankfurt (G5JA.F), München (G5JA.MU).

Growthpoint Properties Ltd is one of the leading real estate companies in South Africa and invests in various sectors such as office, retail, industrial and logistics properties, as well as development projects. The company's business model is based on a diversified portfolio that generates regular profits and growth. Growthpoint Properties focuses on investing in prime properties in prime locations. Through a solid portfolio strategy and effective asset management, the company has achieved continuous growth in South Africa and other countries around the world in recent years. One of the key components of Growthpoint Properties' business model is offering a wide range of products that meet the needs of different customers. The company has a variety of properties tailored to the needs of retailers, office workers, logistics companies, and other specialized customers. By providing customized solutions, the company is able to meet the needs of its customers optimally and build long-term relationships. Growthpoint Properties also has a strong presence in the South African retail property market. The company owns and operates numerous shopping centers throughout South Africa, ranging from small shopping centers to larger regional centers. The company aims to meet the needs of customers in this market segment by focusing on creating customer-centric shopping experiences. Additionally, the company has built a portfolio of industrial and logistics properties to meet the requirements of warehouse and logistics companies. The industrial properties have specialized features tailored to the needs of manufacturing companies. The logistics portfolio also includes customized solutions for large and small companies. Growthpoint Properties also offers services to companies that want to manage their properties. The company has a wide range of asset management solutions tailored to the needs of retailers, offices, or logistics companies. Growthpoint Properties' asset management services include a wide range of services such as developing or repurposing properties. The company is also committed to expanding its presence in international markets. Growthpoint Properties has operations in various countries around the world, such as Australia, Poland, Romania, and the USA. The company plans to continue expanding into new markets and regions. In summary, Growthpoint Properties Ltd is a leading real estate company in South Africa that utilizes its diversified portfolio and tailored solutions to meet the needs of customers in different markets. The company seems well-positioned to continue its success in the future and expand into new markets by leveraging the strengths of its business model and growth strategy in South Africa and internationally.

The expected revenue of Growthpoint Properties is 7.66 B ZAR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Growthpoint Properties is 5.19 B ZAR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Growthpoint Properties is currently 1,155.64. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Growthpoint Properties stock.

The price-to-sales ratio (P/S) of Growthpoint Properties is currently 783.18. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Growthpoint Properties stock.

The Eulerpool Quality Score for Growthpoint Properties is 2/10.

The ISIN of Growthpoint Properties is ZAE000179420. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Growthpoint Properties is A1W3J7. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Growthpoint Properties is GRT.JO. The ticker symbol is used to trade Growthpoint Properties shares on the stock exchange.

Over the past 12 months, Growthpoint Properties paid a dividend of 1.24 ZAR . This corresponds to a dividend yield of about 0.07 %. For the coming 12 months, Growthpoint Properties is expected to pay a dividend of 80.20 ZAR.

The current dividend yield of Growthpoint Properties is 0.07 %.

Growthpoint Properties pays a dividend, distributed in the months of , , , .

Growthpoint Properties paid dividends every year for the past 35 years.

For the upcoming 12 months, dividends amounting to 80.20 ZAR are expected. This corresponds to a dividend yield of 4.57 %.

Growthpoint Properties is assigned to the 'Real Estate' sector.

In the year 2025, Growthpoint Properties distributed 1.25 ZAR as dividends.

The dividends of Growthpoint Properties are distributed in ZAR.

All fundamentals and in-depth analysis of Growthpoint Properties

Our stock analysis for Growthpoint Properties 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 Growthpoint Properties. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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