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The latest update is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd reported a 16% decline in total revenue and a 31% drop in net profit after tax for the year ended 30 June 2025. Despite these decreases, the company saw a 5% increase in operating profit after tax, indicating some resilience in its core operations. The company also announced a final dividend of 25.9 cents per share and a special dividend of 21.0 cents per share, with the dividend reinvestment plan currently suspended. Additionally, Magellan acquired a 29% interest in Vinva Holdings Limited, an associate, reflecting its strategic investment activities.
The most recent analyst rating on (AU:MFG) stock is a Sell with a A$7.40 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd operates in the financial services industry, focusing primarily on investment management. The company offers a range of financial products and services, including asset management and investment solutions, with a market focus on delivering long-term value to its clients.
Average Trading Volume: 651,612
Technical Sentiment Signal: Buy
Current Market Cap: A$1.87B
For detailed information about MFG stock, go to TipRanks’ Stock Analysis page.