Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Cedar Woods Properties Limited ( (AU:CWP) ).
Cedar Woods Properties Limited reported a net profit after tax of $48.1 million for FY25, marking a 19% increase from the previous year and surpassing its growth guidance. The company has a strong financial position with $660 million in presales contracts and a national pipeline of over 9,400 dwellings, lots, and offices. Strategic acquisitions in various states and partnerships are expected to bolster future earnings, while ongoing projects like the Eglinton Village and Bloom retirement apartments continue to perform well. The company is poised for further growth, supported by favorable economic conditions and a persistent national housing supply shortage.
The most recent analyst rating on (AU:CWP) stock is a Buy with a A$8.00 price target. To see the full list of analyst forecasts on Cedar Woods Properties Limited stock, see the AU:CWP Stock Forecast page.
More about Cedar Woods Properties Limited
Cedar Woods Properties Limited is a prominent player in the real estate industry, focusing on residential, commercial, and mixed-use developments across Australia. The company is known for its diversified portfolio, including affordable land projects and apartment developments, and has strategic partnerships with entities like the Queensland Investment Corporation and Tokyo Gas Real Estate.
Average Trading Volume: 91,295
Technical Sentiment Signal: Buy
Current Market Cap: A$631.2M
Learn more about CWP stock on TipRanks’ Stock Analysis page.