ASX:ABPAbacus Property Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Abacus Property Group Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add A$2.49 -0.06 (-2.35 %) (As of 05/12/2020) Add Compare Share Today's RangeA$2.40Now: A$2.49▼A$2.5050-Day RangeA$1.96MA: A$2.57▼A$3.4852-Week RangeA$1.96Now: A$2.49▼A$4.38Volume1.45 million shsAverage Volume1.05 million shsMarket Capitalization$1.63 billionP/E Ratio9.65Dividend Yield8.04%BetaN/A ProfileAdvanced ChartCompetitorsDividendEarningsInsider TradesHeadlines 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.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Abacus Property Group. Previous Next 2.1 Community Rank Outperform VotesAbacus Property Group has received 44 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAbacus Property Group has received 61 “underperform” votes. (Add your “underperform” vote.)Community SentimentAbacus Property Group has received 58.10% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Abacus Property Group and other stocks. Vote “Outperform” if you believe ABP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ABP will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipAbacus Property Group is a leading dividend payer. It pays a dividend yield of 8.04%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAbacus Property Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Abacus Property Group is 73.64 %. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Abacus Property Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought A$459,314.00 in company stock and sold A$0.00 in company stock. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Abacus Property Group are expected to decrease by -100.00% in the coming year, from A$0.29 to A$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Abacus Property Group is 9.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Abacus Property Group is 9.65, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.68.Price to Earnings Growth RatioAbacus Property Group has a PEG Ratio of 7.00. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAbacus Property Group has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange ASX Industry REIT - Diversified Sub-IndustryN/A SectorReal Estate Current SymbolASX:ABP Previous Symbol CUSIPN/A CIKN/A Webwww.abacusproperty.com.au Phone+61-2-92538600Debt Debt-to-Equity Ratio26.96 Current Ratio2.29 Quick Ratio2.16Price-To-Earnings Trailing P/E Ratio9.65 Forward P/E Ratio8.70 P/E Growth7 Sales & Book Value Annual Sales$317.29 million Price / Sales5.13 Cash FlowA$0.23 per share Price / Cash Flow10.97 Book ValueA$3.46 per share Price / Book0.72Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous EmployeesN/A Outstanding Shares653,502,016Market Cap$1.63 billion Next Earnings DateN/A OptionableNot Optionable Receive ABP News and Ratings via Email Sign-up to receive the latest news and ratings for ABP and its competitors with MarketBeat's FREE daily newsletter. 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? Some companies that are related to Abacus Property Group include Stockland (SGP), Charter Hall Group (CHC), Derwent London (DLN), H&R Real Estate Investment Trust (HR.UN), UNITE Group (UTG), Growthpoint Properties Australia (GOZ), Charter Hall Long WALE REIT (CLW), Viva Energy Reit (VVR), Great Portland Estates (GPOR), Cominar REIT (CUF.UN), Centuria Metropolitan REIT (CMA), Crombie Real Estate Investment Trust (CRR.UN), Artis Real Estate Investment Trust Unit (AX.UN), Secure Income REIT (SIR) and Charter Hall Education Trust (CQE). View all 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 InvestmentMr. Cameron Laird, Director of Property Devel.sCynthia 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
