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Cedar Woods Upgrades FY26 Earnings Guidance Amid Strong Market Conditions

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Cedar Woods Upgrades FY26 Earnings Guidance Amid Strong Market Conditions

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Cedar Woods Properties Limited ( (AU:CWP) ) has provided an announcement.

Cedar Woods Properties Limited has announced an upgrade to its FY26 earnings guidance, projecting a net profit after tax growth of at least 20%, up from the previous 15%. This positive outlook is driven by strong sales, price growth, and faster project delivery. The company expects a record profit for FY26, which will support increased dividend distributions. Favorable market conditions, such as supply shortfalls, low unemployment, and government support for homebuyers, continue to bolster the sector. Cedar Woods is confident in its performance for the second half of FY26, backed by significant pre-sales, advanced stage delivery programs, a strong balance sheet, disciplined capital management, and a diversified development pipeline.

The most recent analyst rating on (AU:CWP) stock is a Buy with a A$9.52 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 company operating in the real estate industry, focusing on property development. It is involved in the creation of residential communities and commercial properties, with a strong market presence in Australia, particularly in Western Australia, Queensland, South Australia, and Victoria.

Average Trading Volume: 296,215

Technical Sentiment Signal: Buy

Current Market Cap: A$687.4M

See more data about CWP stock on TipRanks’ Stock Analysis page.

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