Scentre Group (STGPF) Stock Price, News & Analysis

Company Overview

Scentre Group (OTCMKTS:STGPF) is an Australian real estate company that owns, develops and operates retail and mixed-use destinations across Australia and New Zealand. Its portfolio is operated under the Westfield brand and includes major shopping centres that combine retail, dining, entertainment, lifestyle and community-focused services.

The company generates income primarily through leasing space to retailers, restaurants, entertainment providers and other commercial tenants. Scentre Group also manages the ongoing redevelopment, asset enhancement and operation of its properties, with a focus on creating integrated destinations rather than traditional shopping centres alone.

Scentre Group was established in 2014 following the demerger of Westfield Group’s Australian and New Zealand assets from its international operations. The company is headquartered in Sydney and serves consumers and businesses throughout Australia and New Zealand through its network of Westfield destinations.

Key Stats

• Today's Range: $2.38 to $2.38
• 50-Day Range: $2.38 to $2.70
• 52-Week Range: $2.11 to $3.10
• Volume: N/A
• Average Volume: 11,255 shs
• Market Capitalization: N/A
• P/E Ratio: 9.25
• Dividend Yield: 8.18%
• Price Target: N/A
• Consensus Rating: N/A

Scentre Group Stock Analysis - MarketRank™

Scentre Group scored higher than 17% 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 Scentre 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 Scentre Group is 9.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of Scentre Group is 9.25, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 30.10.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Scentre Group has a short interest ratio ("days to cover") of 20.45, which indicates bearish sentiment.

Change versus previous month

Short interest in Scentre Group has recently increased by 6.53%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Scentre Group pays a meaningful dividend of 3.11%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Scentre Group is 75.64%. Payout ratios above 75% are not desirable because they may not be sustainable.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: N/A

News Sentiment

Scentre Group has a news sentiment score of 0.82. 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 higher news sentiment than the 0.58 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Scentre Group this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Institutions

67.94% of the stock of Scentre 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: Retail REITs
• Sub-Industry: Retail REITs
• Current Symbol: OTCMKTS:STGPF
• CIK: N/A
• Web: www.scentregroup.com
• Phone: (129) 358-7877
• Fax: N/A
• Employees: 2,799
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 9.25
• 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