Dexus (AU:DXS)
ASX:DXS
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DXS Stock Chart & Stats
AU$6.12
-AU$0.10(-1.48%)
At close: 4:00 PM EST
AU$6.12
-AU$0.10(-1.48%)
Day’s Range― - ―
52-Week RangeAU$5.82 - AU$7.73
Previous CloseN/A
Volume3.50M
Average Volume (3M)3.80M
Market Cap
AU$6.65B
Enterprise ValueAU$11.29B
Total Cash (Recent Filing)AU$74.70M
Total Debt (Recent Filing)AU$4.75B
Price to Earnings (P/E)5.3
Beta0.90
Next Earnings
Aug 18, 2026EPS Estimate
0.29Next Dividend Ex-DateN/A
Dividend Yield5.32%
Share Statistics
EPS (TTM)0.33
Shares Outstanding1,072,590,000
10 Day Avg. Volume4,226,989
30 Day Avg. Volume3,800,366
Financial Highlights & Ratios
PEG Ratio-0.41
Price to Book (P/B)0.72
Price to Sales (P/S)7.75
P/FCF Ratio8.95
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$6.86Price Target Upside12.04% Upside
Rating ConsensusHold
Number of Analyst Covering7
EPS Forecast (FY)0.63
Revenue Forecast (FY)AU$901.16M
Bulls Say, Bears Say
Bulls Say
Balance-sheet Strength And Funding FlexibilityManageable leverage, long weighted‑average maturity and extensive hedging materially reduce refinancing and interest‑rate risk. Combined with A$500m subordinated notes and A$2.5bn headroom, this preserves capacity for development, buybacks and capital recycling over the medium term.
High Pre‑leasing On Key DevelopmentsStrong pre‑leasing materially lowers development execution and vacancy risk, delivering locked‑in, long‑dated cash flows with fixed escalations. This enhances asset quality and predictable rental growth, supporting portfolio cash generation and valuation stability as projects complete.
Growing Third‑party Capital And Active Capital RecyclingMeaningful third‑party equity inflows and disciplined divestments diversify and strengthen fee‑earning FUM while freeing balance‑sheet capacity. Consistent fundraising and recycling improve recurring fee revenue prospects and allow strategic portfolio repositioning over the medium term.
Bears Say
Negative Revenue Trend And Weak ReturnsSustained negative revenue growth and contracting free‑cash‑flow growth reduce organic earnings momentum, while negative ROE signals the company has struggled to deliver returns on equity. These trends constrain reinvestment capacity and pressure long‑term distribution sustainability if not reversed.
Funds Liquidity And Redemption BacklogA multi‑billion redemption queue and associated legal uncertainty can force asset sales, increase liquidity costs and disrupt fee cash flows. Ongoing remediation is structural and could constrain the funds business and capital deployment until fully resolved.
Reliance On Lumpy Performance/trading ProfitsMaterially lower expected performance and trading profits reduce volatile but meaningful non‑recurring income sources. If recurring rental and fee growth don't compensate, overall distributable earnings and capital return capacity could weaken, increasing dependence on portfolio recycling.
Dexus News
DXS FAQ
What was Dexus’s price range in the past 12 months?
Dexus lowest share price was AU$5.82 and its highest was AU$7.73 in the past 12 months.
What is Dexus’s market cap?
Dexus’s market cap is AU$6.65B.
When is Dexus’s upcoming earnings report date?
Dexus’s upcoming earnings report date is Aug 18, 2026 which is in 112 days.
How were Dexus’s earnings last quarter?
Dexus released its earnings results on Feb 17, 2026. The company reported AU$0.325 earnings per share for the quarter, missing the consensus estimate of AU$0.327 by -AU$0.002.
Is Dexus overvalued?
According to Wall Street analysts Dexus’s price is currently Undervalued.
Does Dexus pay dividends?
Dexus pays a Semiannually dividend of AU$0.18 which represents an annual dividend yield of 5.32%. See more information on Dexus dividends here
What is Dexus’s EPS estimate?
Dexus’s EPS estimate is 0.29.
How many shares outstanding does Dexus have?
Dexus has 1,072,590,000 shares outstanding.
What happened to Dexus’s price movement after its last earnings report?
Dexus reported an EPS of AU$0.325 in its last earnings report, missing expectations of AU$0.327. Following the earnings report the stock price went up 6.815%.
Which hedge fund is a major shareholder of Dexus?
Currently, no hedge funds are holding shares in AU:DXS
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
Dexus Stock Smart Score
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
AU$6.86 (12.04% Upside)
AU$6.86 (12.04% Upside)
Blogger Sentiment
Bullish
AU:DXS Sentiment 100%
Sector Average 69%
Sector Average 69%
Insider Transactions
Bought Shares
Worth AU$281.4K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.55%
12-Months-Change
Fundamentals
Return on Equity
4.78%
Trailing 12-Months
Asset Growth
5.82%
Trailing 12-Months
Company Description
Dexus
Dexus is one of Australia's leading real estate groups, proudly managing a high-quality Australian property portfolio valued at $44.3 billion. We believe that the strength and quality of our relationships will always be central to our success and are deeply committed to working with our customers to provide spaces that engage and inspire. We invest only in Australia, and directly own $16.5 billion of office and industrial properties. We manage a further $15.6 billion of office, retail, industrial and healthcare properties for third party clients. The group's $11.4 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. With 1.6 million square metres of office workspace across 51 properties, we are Australia's preferred office partner. Dexus is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange (trading code: DXS) and is supported by more than 29,000 investors from 24 countries. With 36 years of expertise in property investment, development and asset management, we have a proven track record in capital and risk management, providing service excellence to tenants and delivering superior risk adjusted returns for investors.
DXS Company Deck
DXS Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a predominantly constructive operational and financial picture: portfolio valuations turned positive, leasing momentum accelerated (notably in office and industrial), strong industrial returns and development pre‑leasing (Atlassian, Waterfront) supported confidence, capital management actions (divestments, subordinated notes issuance, ~$950m equity raised and a 10% buyback) strengthen balance sheet flexibility. Offsetting these positives are near‑term pressures: office FFO impacts from divestments and vacancies, continued fund liquidity/redemption work, and guidance that performance fees and trading profits will be materially lower in FY27. On balance the positives and progress on strategic priorities materially outweigh the challenges, but management flagged some lumpy and timing‑sensitive items that could affect near-term earnings.View all AU:DXS earnings summariesDXS Stock 12 Month Forecast
Average Price Target
AU$6.86
▲(12.04% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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