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MGR Stock Chart & Stats
AU$2.00
-AU$0.03(-1.32%)
At close: 4:00 PM EST
AU$2.00
-AU$0.03(-1.32%)
Day’s Range― - ―
52-Week RangeAU$1.61 - AU$2.46
Previous CloseN/A
Volume11.83M
Average Volume (3M)14.71M
Market Cap
AU$6.73B
Enterprise ValueAU$10.89B
Total Cash (Recent Filing)AU$126.00M
Total Debt (Recent Filing)AU$4.02B
Price to Earnings (P/E)17.5
Beta0.88
Next Earnings
Aug 19, 2026EPS Estimate
0.07Next Dividend Ex-DateN/A
Dividend Yield4.39%
Share Statistics
EPS (TTM)0.10
Shares Outstanding3,945,860,000
10 Day Avg. Volume19,818,826
30 Day Avg. Volume14,711,485
Financial Highlights & Ratios
PEG Ratio-1.18
Price to Book (P/B)0.96
Price to Sales (P/S)3.55
P/FCF Ratio15.84
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$2.05Price Target Upside2.37% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)0.13
Revenue Forecast (FY)AU$914.39M
Bulls Say, Bears Say
Bulls Say
Balance Sheet & LiquidityA conservative leverage profile with strong interest cover and a meaningful liquidity buffer reduces refinancing risk and supports execution of multi-year developments. This structural funding strength lets Mirvac pursue capital-intensive projects and partner equity strategies without imminent capital-market pressure.
Residential Development MomentumHigher volumes, materially improved margins and a heavily secured settlement book provide durable earnings visibility from the residential arm. Restocked land inventories and expanded MPC pipeline underpin multi-year delivery optionality and reduce short-term volume volatility for development profits.
Funds Management & Capital PartnershipsGrowing third‑party capital creates recurring fee income and aligns capital for large developments, lowering Mirvac’s equity intensity. A stronger funds platform diversifies earnings, improves capital recycling, and provides a durable source of deployment and fee-related revenue across cycles.
Bears Say
Weak Cash GenerationSubstantial decline in free cash flow and low cash conversion suggest underlying earnings are not translating into liquid cash efficiently. Over months this constrains reinvestment, increases reliance on capital partners or asset sales, and raises sensitivity to higher financing costs when funding development pipelines.
Compressed Development ReturnsLow current development yields reduce ROIC and limit value creation from the development business until costs normalize. This structural pressure can force more reliance on JV capital, slow balance‑sheet recycling, and compress long‑run earnings potential until through‑cycle margins recover.
Valuation Gains & Office Execution RiskMaterial non‑cash valuation uplifts inflate statutory profit but are cyclical and not recurring. Concurrently, incomplete office leasing and planned disposals create execution risk; prolonged leasing or discounted sales would hit recurring income and force more aggressive asset rotation to maintain returns.
Mirvac Group News
MGR FAQ
What was Mirvac Group’s price range in the past 12 months?
Mirvac Group lowest share price was AU$1.61 and its highest was AU$2.46 in the past 12 months.
What is Mirvac Group’s market cap?
Mirvac Group’s market cap is AU$6.73B.
When is Mirvac Group’s upcoming earnings report date?
Mirvac Group’s upcoming earnings report date is Aug 19, 2026 which is in 34 days.
How were Mirvac Group’s earnings last quarter?
Mirvac Group released its earnings results on Feb 17, 2026. The company reported AU$0.063 earnings per share for the quarter, beating the consensus estimate of AU$0.058 by AU$0.005.
Is Mirvac Group overvalued?
According to Wall Street analysts Mirvac Group’s price is currently Undervalued.
Does Mirvac Group pay dividends?
Mirvac Group pays a Semiannually dividend of AU$0.048 which represents an annual dividend yield of 4.39%. See more information on Mirvac Group dividends here
What is Mirvac Group’s EPS estimate?
Mirvac Group’s EPS estimate is 0.07.
How many shares outstanding does Mirvac Group have?
Mirvac Group has 3,945,860,000 shares outstanding.
What happened to Mirvac Group’s price movement after its last earnings report?
Mirvac Group reported an EPS of AU$0.063 in its last earnings report, beating expectations of AU$0.058. Following the earnings report the stock price went up 5.698%.
Which hedge fund is a major shareholder of Mirvac Group?
Currently, no hedge funds are holding shares in AU:MGR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Mirvac Group Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$2.05 (2.37% Upside)
AU$2.05 (2.37% Upside)
Blogger Sentiment
Neutral
AU:MGR Sentiment 50%
Sector Average 64%
Sector Average 64%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
16.16%
12-Months-Change
Fundamentals
Return on Equity
4.23%
Trailing 12-Months
Asset Growth
1.09%
Trailing 12-Months
Company Description
Mirvac Group
Mirvac Group is an Australian real estate company dedicated to enhancing urban living. We achieve this by developing beautiful residences, dynamic commercial hubs, and vibrant retail destinations, thereby making a meaningful impact on our cities and the people within them. Established in 1972, Mirvac has been a significant force in shaping Australia's urban environment for nearly five decades. What began as a modest joint venture has flourished into a prominent ASX-listed property enterprise, celebrated for its pioneering work in innovation, environmental responsibility, and community building. Our reputation for excellence is evident in the iconic locations and developments we've crafted across Australia, including extensive masterplanned communities and significant office buildings like our own headquarters at the EY Centre, 200 George Street, Sydney. A profound dedication to our clients and the communities we serve lies at the core of every project we undertake.
MGR Stock 12 Month Forecast
Average Price Target
AU$2.05
▲(2.37% Upside)









