ASX:SKCSKYCITY Entertainment Group Stock Price, Forecast & News

A$2.30

-0.04 (-1.71 %)

(As of 05/13/2020)

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Today's Range

A$2.24

Now: A$2.30▼

A$2.33

50-Day Range

A$2.30

MA: A$2.30▼

A$2.30

52-Week Range

A$1.10

Now: A$2.30▼

A$3.99

Volume787,666 shs

Average Volume1.43 million shs

Market Capitalization$1.70 billion

P/E Ratio13.22

Dividend Yield8.04%

BetaN/A

SkyCity Entertainment Group Limited, together with its subsidiaries, operates in the gaming, entertainment, hotel, convention, hospitality, recreation, and tourism sectors in New Zealand and Australia. It operates through Skycity Auckland, Rest of New Zealand, Adelaide Casino, and International Business segments. The company engages in the hotels and convention, food and beverage, car parking, sky tower, property investment, and other related activities. It also operates casinos in Auckland, Hamilton, and Queenstown, New Zealand; and Adelaide, Australia, as well as various restaurants, bars, e-sports, and conference facilities. The company was incorporated in 1994 and is headquartered in Auckland, New Zealand.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for SKYCITY Entertainment Group.

2.3 Community Rank

Outperform Votes
SKYCITY Entertainment Group has received 58 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
SKYCITY Entertainment Group has received 70 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
SKYCITY Entertainment Group has received 54.69% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about SKYCITY Entertainment Group and other stocks. Vote “Outperform” if you believe SKC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SKC will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
SKYCITY Entertainment 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 Growth
SKYCITY Entertainment Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of SKYCITY Entertainment Group is 109.20%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SKYCITY Entertainment Group insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Earnings Growth
Earnings for SKYCITY Entertainment Group are expected to decrease by -100.00% in the coming year, from A$0.22 to A$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SKYCITY Entertainment Group is 13.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of SKYCITY Entertainment Group is 13.22, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 14.25.
Price to Book Value per Share Ratio
SKYCITY Entertainment Group has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.04 out of 5 stars

Industry, Sector and Symbol

Stock Exchange ASX

Industry Resorts & Casinos

Sub-IndustryN/A

SectorConsumer Cyclical

Current SymbolASX:SKC

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.skycityentertainmentgroup.com

Phone+64-9-3636000

Debt

Debt-to-Equity Ratio47.20

Current Ratio0.62

Quick Ratio0.58

Price-To-Earnings

Trailing P/E Ratio13.22

Forward P/E Ratio10.35

P/E GrowthN/A

Sales & Book Value

Annual Sales$682.24 million

Price / Sales2.49

Cash FlowA$0.05 per share

Price / Cash Flow44.29

Book ValueA$1.18 per share

Price / Book1.96

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees4,642

Outstanding Shares739,196,992

Market Cap$1.70 billion

Next Earnings DateN/A

OptionableNot Optionable

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SKYCITY Entertainment Group (ASX:SKC) Frequently Asked Questions

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

SKYCITY Entertainment Group's stock was trading at A$2.83 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SKC shares have decreased by 18.7% and is now trading at A$2.30. View which stocks have been most impacted by Coronavirus.

How often does SKYCITY Entertainment Group pay dividends? What is the dividend yield for SKYCITY Entertainment Group?

SKYCITY Entertainment Group announced a Interim dividend on Friday, February 14th. Investors of record on Friday, March 13th will be paid a dividend of 0.096 per share on Friday, March 13th. This represents a dividend yield of 2.73%. The ex-dividend date is Thursday, February 27th. This is a boost from SKYCITY Entertainment Group's previous Interim dividend of A$0.10. View SKYCITY Entertainment Group's dividend history.

Has SKYCITY Entertainment Group been receiving favorable news coverage?

News headlines about SKC stock have been trending neutral recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. SKYCITY Entertainment Group earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about SKYCITY Entertainment Group.

Who are some of SKYCITY Entertainment Group's key competitors?

Some companies that are related to SKYCITY Entertainment Group include Crown Resorts (CWN), GVC (GVC), Star Entertainment Group (SGR), 888 Holdings Public (888), Redcape Hotel Group Pty (RDC), Gamehost (GH), Reef Casino Trust (RCT), Nevada Gold & Casinos (UWN), Sportech (SPO), Donaco International (DNA), Mountain China Resorts (MCG), Elegant Hotels Group (EHG), 888 Holdings Public (EIHDF), Galaxy Entertainment Group (GXYEF) and GVC (GMVHF). View all competitors.

What other stocks do shareholders of SKYCITY Entertainment Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SKYCITY Entertainment Group investors own include Vicinity Centres (VCX), Westpac Banking (WBC), Rio Tinto Limited Fully Paid Ord. Shrs (RIO), Prescient Therapeutics (PTX), Netflix (NFLX), Integrated Device Technology (IDTI), Growthpoint Properties Australia (GOZ), Crown Resorts (CWN), Centuria Industrial Reit (CIP) and Auckland International Airport (AIA).

Who are SKYCITY Entertainment Group's key executives?

SKYCITY Entertainment Group's management team includes the following people:

Mr. Graeme Edward Stephens, Chief Exec. Officer (Age 57)
Mr. Rob Hamilton, Chief Financial Officer
Mr. Michael Ahearne, Group Chief Operating Officer
Mr. Glen Alexander McLatchie, Chief Information Officer
Ben Kay, Gen. Mang. of Corp. Devel. & Investor Relations

What is SKYCITY Entertainment Group's stock symbol?

SKYCITY Entertainment Group trades on the ASX under the ticker symbol "SKC."

What is SKYCITY Entertainment Group's stock price today?

One share of SKC stock can currently be purchased for approximately A$2.30.

How big of a company is SKYCITY Entertainment Group?

SKYCITY Entertainment Group has a market capitalization of $1.70 billion and generates $682.24 million in revenue each year. SKYCITY Entertainment Group employs 4,642 workers across the globe.

What is SKYCITY Entertainment Group's official website?

The official website for SKYCITY Entertainment Group is www.skycityentertainmentgroup.com.

How can I contact SKYCITY Entertainment Group?

SKYCITY Entertainment Group's mailing address is Level 6, Federal Hse, 86 Federal Street, AUCKLAND, NY 1010, New Zealand. The company can be reached via phone at +64-9-3636000.

This page was last updated on 7/11/2020 by MarketBeat.com Staff

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