tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Waypoint REIT Reports Strong Profit Growth Amid Strategic Capital Management

Story Highlights
Waypoint REIT Reports Strong Profit Growth Amid Strategic Capital Management

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.

Waypoint REIT Ltd. ( (AU:WPR) ) has shared an announcement.

Waypoint REIT Ltd. reported a significant increase in statutory net profit for the first half of 2025, driven by valuation gains on investment properties. Despite stable distributable earnings, the company saw a 46.9% rise in net profit after tax compared to the previous year. The REIT maintained a strong portfolio with a high occupancy rate of 99.9% and a weighted average lease expiry of 6.6 years. Capital management efforts included extending debt facilities, entering into interest rate swaps, and conducting an on-market buyback of securities, reflecting a robust financial strategy.

The most recent analyst rating on (AU:WPR) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Waypoint REIT Ltd. stock, see the AU:WPR Stock Forecast page.

More about Waypoint REIT Ltd.

Waypoint REIT Ltd. is Australia’s largest listed real estate investment trust (REIT) focused exclusively on owning fuel and convenience retail properties. The company operates a high-quality network across all Australian states and mainland territories, aiming to maximize long-term returns for its securityholders.

Average Trading Volume: 1,436,134

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.74B

For a thorough assessment of WPR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1