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ASX:ABPAbacus Property Group Stock Price, Forecast & News

A$2.49
-0.06 (-2.35 %)
(As of 05/12/2020)
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Today's Range
A$2.40
Now: A$2.49
A$2.50
50-Day Range
A$1.96
MA: A$2.57
A$3.48
52-Week Range
A$1.96
Now: A$2.49
A$4.38
Volume1.45 million shs
Average Volume1.05 million shs
Market Capitalization$1.63 billion
P/E Ratio9.65
Dividend Yield8.04%
BetaN/A
Abacus Property Group is a leading diversified property group. We specialise in investing in core plus property opportunities in Australia. Abacus was established in 1996. We listed on the ASX in 2002 and are included in the S&P/ASX 200 index. Abacus is a stapled entity that combines the securities in three companies, Abacus Group Holdings Limited, Abacus Group Projects Limited and Abacus Storage Operations Limited, and three trusts, Abacus Trust, Abacus Income Trust and Abacus Storage Property Trust. Investors acquire stapled securities comprising the securities of all six listed entities. Abacus's overarching strategy is to invest our capital in core plus properties. We take advantage of value adding opportunities to drive long term total returns and maximise securityholder value.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.90 out of 5 stars


Industry, Sector and Symbol

Industry REIT - Diversified
Sub-IndustryN/A
SectorReal Estate
CUSIPN/A
CIKN/A
Phone+61-2-92538600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$317.29 million
Cash FlowA$0.23 per share
Book ValueA$3.46 per share

Profitability

Miscellaneous

EmployeesN/A
Market Cap$1.63 billion
Next Earnings DateN/A
OptionableNot Optionable

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Abacus Property Group (ASX:ABP) Frequently Asked Questions

How has Abacus Property Group's stock been impacted by COVID-19 (Coronavirus)?

Abacus Property Group's stock was trading at A$3.31 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ABP stock has decreased by 24.8% and is now trading at A$2.49. View which stocks have been most impacted by Coronavirus.

How were Abacus Property Group's earnings last quarter?

Abacus Property Group (ASX:ABP) issued its quarterly earnings results on Thursday, August, 16th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.01. View Abacus Property Group's earnings history.

How often does Abacus Property Group pay dividends? What is the dividend yield for Abacus Property Group?

Abacus Property Group declared a Interim dividend on Monday, December 16th. Stockholders of record on Friday, February 28th will be paid a dividend of 0.095 per share on Friday, February 28th. This represents a dividend yield of 2.57%. The ex-dividend date of this dividend is Monday, December 30th. This is an increase from Abacus Property Group's previous Interim dividend of A$0.09. View Abacus Property Group's dividend history.

Has Abacus Property Group been receiving favorable news coverage?

Media headlines about ABP stock have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Abacus Property Group earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news aboutAbacus Property Group.

Who are some of Abacus Property Group's key competitors?

What other stocks do shareholders of Abacus Property Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Abacus Property Group investors own include Centuria Metropolitan REIT (CMA), Viva Energy Reit (VVR), Growthpoint Properties Australia (GOZ) and DEXUS Property Group (DXS).

Who are Abacus Property Group's key executives?

Abacus Property Group's management team includes the following people:
  • Mr. Steven Craig Sewell, MD & Director (Age 52)
  • Mr. Robert Baulderstone BA, CA, FCIS, CFO & Company Sec.
  • Mr. Peter Strain, Director of Property Investment
  • Mr. Cameron Laird, Director of Property Devel.s
  • Cynthia Rouse, Head of Investor Relations

What is Abacus Property Group's stock symbol?

Abacus Property Group trades on the ASX under the ticker symbol "ABP."

What is Abacus Property Group's stock price today?

One share of ABP stock can currently be purchased for approximately A$2.49.

How big of a company is Abacus Property Group?

Abacus Property Group has a market capitalization of $1.63 billion and generates $317.29 million in revenue each year.

What is Abacus Property Group's official website?

The official website for Abacus Property Group is www.abacusproperty.com.au.

How can I contact Abacus Property Group?

Abacus Property Group's mailing address is Australia Square, L 34 264-278 George St, SYDNEY, NSW 2000, Australia. The company can be reached via phone at +61-2-92538600.

This page was last updated on 5/27/2020 by MarketBeat.com Staff

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