Mirvac Group (MRVGF) Stock Price, News & Analysis

Company Overview

Mirvac Group is an Australian property group involved in property development, investment and funds management. The company develops and manages residential communities, apartments and mixed-use projects, as well as commercial properties such as office, retail and industrial assets.

Founded in 1972, Mirvac has built a portfolio of investment properties and development projects across Australia. Its activities span major Australian cities and include urban renewal, land development, commercial buildings, shopping centres and residential communities. The company also provides investment management services through property funds and related investment vehicles.

Mirvac’s business combines property ownership and asset management with development capabilities, allowing it to participate in projects from planning and construction through to long-term operation. Its portfolio has also expanded into build-to-rent housing and other emerging property sectors. The group is headquartered in Sydney and is led by Managing Director and Chief Executive Officer Campbell Hanan.

Key Stats

• Today's Range: $1.11 to $1.11
• 50-Day Range: $1.11 to $1.17
• 52-Week Range: $1.03 to $1.72
• Volume: N/A
• Average Volume: 4,438 shs
• Market Capitalization: N/A
• P/E Ratio: 9.10
• Dividend Yield: 8.12%
• Price Target: N/A
• Consensus Rating: N/A

Mirvac Group Stock Analysis - MarketRank™

Mirvac Group scored higher than 31% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Mirvac Group.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Mirvac Group is 9.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mirvac Group is 9.10, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 27.73.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Mirvac Group has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mirvac Group has recently increased by 346.06%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Mirvac Group is a leading dividend payer. It pays a dividend yield of 5.50%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Mirvac Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Mirvac Group is 73.95%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.47

News Sentiment

Mirvac Group has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Mirvac Group this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.6 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Mirvac Group insiders have not sold or bought any company stock.

Percentage Held by Institutions

48.57% of the stock of Mirvac Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Real Estate
• Industry: Diversified REITs
• Sub-Industry: Diversified REITs
• Current Symbol: OTCMKTS:MRVGF
• CIK: N/A
• Web: www.mirvac.com
• Phone: (129) 080-8000
• Fax: N/A
• Employees: 1,738
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 9.10
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A