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Dexus Convenience Retail REIT ( (AU:DXC) ) has shared an announcement.
Dexus Convenience Retail REIT reported a slight decrease in revenue and funds from operations for the year ending June 30, 2025, with revenue from ordinary activities down by 2.0% and funds from operations decreasing by 1.5%. Despite these declines, the company achieved a significant increase in net profit attributable to security holders, rising from $3.407 million to $39.374 million. The market capitalization also saw a notable increase of 12.6%, reflecting positive investor sentiment. The REIT’s strategic focus on high-quality assets and conservative capital management continues to position it well within the industry.
The most recent analyst rating on (AU:DXC) stock is a Buy with a A$3.09 price target. To see the full list of analyst forecasts on Dexus Convenience Retail REIT stock, see the AU:DXC Stock Forecast page.
More about Dexus Convenience Retail REIT
Dexus Convenience Retail REIT (ASX: DXC) is an Australian real estate investment trust specializing in high-quality service stations and convenience retail assets. The fund’s portfolio, valued at approximately $728 million, is primarily located on Australia’s eastern seaboard and leased to prominent Australian and international tenants. The company focuses on maintaining a long lease expiry profile and consistent annual rent increases, ensuring sustainable income security. Managed by Dexus, a leading real asset group in Australia, the fund adheres to a conservative capital management strategy with a target gearing range of 25-40%.
Average Trading Volume: 184,245
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$409.1M
For a thorough assessment of DXC stock, go to TipRanks’ Stock Analysis page.