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Earnings Data
Report Date
Aug 19, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.07Last Year’s EPS
0.06Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented broad operational momentum and multiple tangible wins—strong residential sales and margin recovery, clear living and industrial outperformance, portfolio repositioning to higher‑quality office, meaningful fund raises and capital partnerships, improved liquidity and a lower gearing profile. Key near‑term weaknesses include higher net financing costs, compressed development returns (legacy cost pressures) and reliance on valuation gains in statutory profit, plus remaining office leasing and disposal execution. On balance the positives—improving margins, restocked pipeline, recurring income growth and strong capital‑partner demand—materially outweigh the lowlights.Company Guidance
Group financial growth
Group EBIT grew 10% year-on-year; operating profit after tax of $248m (A$0.063 per stapled security), up 5% on the prior half; EPS up 5%; statutory profit of $319m including A$120m of positive investment revaluations; NTA increased by A$0.04 to A$2.30; headline gearing moderated to 25.8%.
Residential sales, margins and pipeline restocking
Residential sales up 38% YoY with margins improving to 22.5%; settlements up 22% and the business is ~90% secured for the full year; active MPC projects increasing from 11 to 16 (next 12–18 months) and >12,000 lots restocked in capital-efficient structures, supporting a material step-up in future project activity.
Land lease and living momentum
Land lease platform expanded to over 7,500 lots with sales up 50% and new home settlements up 21%; living and industrial EBIT up 15% YoY; build‑to‑rent portfolio (~2,200 completed apartments) delivered 6% like‑for‑like income growth and ~4% strongest valuation uplift in the portfolio; LIV Anura leasing at ~76%.
Funds growth and capital partnering
Third‑party capital on the platform reached A$17bn; funds under management grew by >A$1bn in six months; MWOF completed a A$430m equity raise; LIV BTR fund recapitalized with Australian Retirement Trust supporting medium‑term 5,000 apartment target; A$13.9bn of institutional capital attracted in the last ~3.5 years.
Portfolio repositioning and operating metrics
Office allocation reduced from 65% to 51% and premium‑grade office exposure nearly doubled to 60% since 2019; portfolio occupancy at 98%, 4.4% like‑for‑like growth and positive valuation movements across all sectors; forward expiries reduced to ~12% over the next 2.5 years.
Balance sheet and liquidity strength
Headline gearing reduced to 25.8%, interest cover >3.5x, average cost of debt ~5.3%; refinanced A$1.3bn of bank debt at average margins ~115bps this half; A$1bn available liquidity and no maturities in the next 12 months.
Development visibility and pipeline value
Committed developments expected to deliver ~A$100m of future NOI over the next 3–4 years and to drive ~A$2.3bn increase in funds under management as projects complete; major new development opportunities secured (Hunter Street ~70,000 sqm end value ~A$3bn, Blackwattle Bay ~800 apartments, Karnup ~1,500 homes) providing multi‑year optionality.
Operational and cultural achievements
Launched first integrated Mirvac brand campaign; Mirvac Masters learning program accredited by University of Sydney and recognized as a leading L&D program; employee engagement returned to top quartile, supporting talent retention and execution capability.
AU:MGR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:MGR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 17, 2026 | AU$1.88 | AU$1.99 | +5.70% |
Aug 14, 2025 | AU$2.20 | AU$2.18 | -0.87% |
Feb 13, 2025 | AU$1.86 | AU$1.97 | +5.53% |
Aug 07, 2024 | AU$1.92 | AU$1.75 | -9.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mirvac Group (AU:MGR) report earnings?
Mirvac Group (AU:MGR) is schdueled to report earning on Aug 19, 2026, TBA (Confirmed).
What is Mirvac Group (AU:MGR) earnings time?
Mirvac Group (AU:MGR) earnings time is at Aug 19, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Mirvac Group stock?
The P/E ratio of Mirvac Group is N/A.
What is AU:MGR EPS forecast?
AU:MGR EPS forecast for the fiscal quarter 2026 (Q4) is 0.07.