ASX:VCXVicinity Centres Stock Price, Forecast & News

A$1.45

-0.04 (-2.68 %)

(As of 05/12/2020)

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Today's Range

A$1.44

Now: A$1.45▼

A$1.47

50-Day Range

A$1.13

MA: A$1.40▼

A$1.50

52-Week Range

A$0.91

Now: A$1.45▼

A$2.72

Volume20.74 million shs

Average Volume12.13 million shs

Market Capitalization$5.39 billion

P/E Ratio15.59

Dividend Yield9.87%

BetaN/A

Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups with a fully integrated asset management platform and $26 billion in retail assets under management across 66 shopping centres, making it the second largest listed manager of Australian retail property. The Group has a Direct Portfolio with interests in 62 shopping centres (including the DFO Brisbane business) and manages 33 assets on behalf of Strategic Partners, 29 of which are co-owned by the Group. Vicinity is listed on the Australian Securities Exchange (ASX) under the code 'VCX' and has over 26,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code 'VCD'.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Vicinity Centres.

2.1 Community Rank

Outperform Votes
Vicinity Centres has received 85 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Vicinity Centres has received 117 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Vicinity Centres has received 57.92% “underperform” votes from our community.

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

1.7 Dividend Strength

Dividend Leadership
Vicinity Centres is a leading dividend payer. It pays a dividend yield of 9.87%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Vicinity Centres does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Vicinity Centres is 161.29 %. 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, Vicinity Centres insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Vicinity Centres are expected to decrease by -100.00% in the coming year, from A$0.17 to A$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Vicinity Centres is 15.59, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Vicinity Centres is 15.59, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.13.
Price to Earnings Growth Ratio
Vicinity Centres has a PEG Ratio of 8.25. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Vicinity Centres has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.88 out of 5 stars

Industry, Sector and Symbol

Stock Exchange ASX

Industry REIT - Retail

Sub-IndustryN/A

SectorReal Estate

Current SymbolASX:VCX

Previous SymbolASX:FDC

CUSIPN/A

CIKN/A

Webwww.vicinity.com.au

Phone+61-3-92366300

Debt

Debt-to-Equity Ratio43.56

Current Ratio0.17

Quick Ratio0.17

Price-To-Earnings

Trailing P/E Ratio15.59

Forward P/E Ratio8.67

P/E Growth8.25

Sales & Book Value

Annual Sales$1.27 billion

Price / Sales4.26

Cash FlowA$0.01 per share

Price / Cash Flow96.67

Book ValueA$3.06 per share

Price / Book0.47

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares3,718,830,080

Market Cap$5.39 billion

Next Earnings Date8/20/2020 (Estimated)

OptionableNot Optionable

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Vicinity Centres (ASX:VCX) Frequently Asked Questions

How has Vicinity Centres' stock been impacted by COVID-19 (Coronavirus)?

Vicinity Centres' stock was trading at A$1.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, VCX stock has decreased by 26.6% and is now trading at A$1.45. View which stocks have been most impacted by Coronavirus.

When is Vicinity Centres' next earnings date?

Vicinity Centres is scheduled to release its next quarterly earnings announcement on Thursday, August 20th 2020. View our earnings forecast for Vicinity Centres.

How were Vicinity Centres' earnings last quarter?

Vicinity Centres (ASX:VCX) released its quarterly earnings results on Wednesday, August, 14th. The real estate investment trust reported $0.18 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.18. View Vicinity Centres' earnings history.

How often does Vicinity Centres pay dividends? What is the dividend yield for Vicinity Centres?

Vicinity Centres announced a interim dividend on Wednesday, December 4th. Stockholders of record on Monday, March 2nd will be given a dividend of 0.077 per share on Monday, March 2nd. This represents a dividend yield of 2.98%. The ex-dividend date is Monday, December 30th. View Vicinity Centres' dividend history.

Has Vicinity Centres been receiving favorable news coverage?

Media coverage about VCX stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. 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. Vicinity Centres earned a daily sentiment score of -4.8 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutVicinity Centres.

Who are some of Vicinity Centres' key competitors?

Some companies that are related to Vicinity Centres include Scentre Group (SCG), UNIBALWEST/IDR UNRESTR (URW), RioCan Real Estate Investment Trust (REI.UN), Choice Properties Real Est Invstmnt Trst (CHP.UN), British Land (BLND), SmartCentres Real Estate Investment Trst (SRU.UN), Shopping Cntrs Austrls Prprty Gp Re (SCP), Shaftesbury (SHB), Charter Hall Retail REIT (CQR), CT Real Estate Investment Trust (CRT.UN), SITE Centers (SITC), Aventus Group (AVN), Hammerson (HMSO), Supermarket Income REIT (SUPR) and Slate Retail REIT (SRT.UN). View all competitors.

What other stocks do shareholders of Vicinity Centres own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Vicinity Centres investors own include Venus Metals (VMC), Steelcase (SCS), Steel Dynamics (STLD), American Outdoor Brands (AOBC), ChemoCentryx (CCXI), Centuria Industrial Reit (CIP), Growthpoint Properties Australia (GOZ), NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY) and SKYCITY Entertainment Group (SKC).

Who are Vicinity Centres' key executives?

Vicinity Centres' management team includes the following people:

Mr. Grant Lewis Kelley, CEO, MD & Director (Age 54)
Mr. Kah Wong, Acting CFO & Gen. Mang. of Treasury
Mr. Peter Huddle, Chief Operating Officer
Ian Padgham, Acting Chief Information Officer
Ms. Penny Berger, Head of Investor Relations

What is Vicinity Centres' stock symbol?

Vicinity Centres trades on the ASX under the ticker symbol "VCX."

What is Vicinity Centres' stock price today?

One share of VCX stock can currently be purchased for approximately A$1.45.

How big of a company is Vicinity Centres?

Vicinity Centres has a market capitalization of $5.39 billion and generates $1.27 billion in revenue each year.

What is Vicinity Centres' official website?

The official website for Vicinity Centres is www.vicinity.com.au.

How can I contact Vicinity Centres?

Vicinity Centres' mailing address is L 28 35 Collins St, MELBOURNE, VIC 3000, Australia. The real estate investment trust can be reached via phone at +61-3-92366300.

This page was last updated on 5/29/2020 by MarketBeat.com Staff