Goodman Group (AU:GMG)
ASX:GMG
GMG Stock Chart & Stats
AU$26.08
AU$0.10(0.27%)
At close: 4:00 PM EST
AU$26.08
AU$0.10(0.27%)
Day’s Range― - ―
52-Week RangeAU$24.56 - AU$37.31
Previous CloseN/A
Volume1.81M
Average Volume (3M)3.83M
Market Cap
AU$53.33B
Enterprise ValueAU$54.59B
Total Cash (Recent Filing)AU$2.96B
Total Debt (Recent Filing)AU$4.22B
Price to Earnings (P/E)19.2
Beta1.42
Next Earnings
Aug 19, 2026EPS Estimate
0.71Next Dividend Ex-DateN/A
Dividend Yield1.02%
Share Statistics
EPS (TTM)0.58
Shares Outstanding2,044,793,100
10 Day Avg. Volume3,957,829
30 Day Avg. Volume3,826,034
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)2.90
Price to Sales (P/S)30.65
P/FCF Ratio70.96
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$35.09Price Target Upside34.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)1.3
Revenue Forecast (FY)AU$3.15B
Bulls Say, Bears Say
Bulls Say
Low Leverage & Strong LiquiditySustained low gearing and multi-billion liquidity provide durable financial flexibility to fund developments, absorb cyclical rent/value moves and pursue joint ventures. This reduces refinancing risk, supports disciplined capital recycling and underpins long-term investment capacity.
Expanding Development Pipeline (WIP)A growing work‑in‑progress backed by data‑center and logistics projects expands future income and development margin potential. Higher WIP and rising expected yield‑on‑cost (>8%) point to scalable, durable revenue conversion as projects reach completion and stabilization.
Scale In Funds Management & AUMLarge external AUM and steady fee margins create recurring, scalable management income less tied to property cycles. Growing third‑party capital enables capital recycling, amplifies returns on development skills and supports fee diversification over time.
Bears Say
Weak Cash ConversionNegative free cash flow growth and sub‑par cash conversion indicate net income is not fully converting to cash, limiting self‑funding for development and distributions. Over months this raises reliance on partner capital or debt and constrains capital allocation flexibility.
Drop In Transactional/performance IncomeA material fall in transactional and incentive fees reduces a volatile but meaningful earnings stream. If persistent, this curtails upside from fund performance, weakens fee growth and makes earnings more dependent on development timing and rental income.
Pre‑leasing And Execution Risk On Data CentersLarge, long‑duration data‑center builds with limited pre‑lease commitments elevate leasing and timing risk. These capital‑intensive projects require partner funding and complex delivery; delays or low take‑up could defer income conversion and compress realized returns.
Goodman Group News
GMG FAQ
What was Goodman Group’s price range in the past 12 months?
Goodman Group lowest share price was AU$24.56 and its highest was AU$37.31 in the past 12 months.
What is Goodman Group’s market cap?
Goodman Group’s market cap is AU$53.33B.
When is Goodman Group’s upcoming earnings report date?
Goodman Group’s upcoming earnings report date is Aug 19, 2026 which is in 136 days.
How were Goodman Group’s earnings last quarter?
Goodman Group released its earnings results on Feb 18, 2026. The company reported AU$0.585 earnings per share for the quarter, beating the consensus estimate of AU$0.543 by AU$0.042.
Is Goodman Group overvalued?
According to Wall Street analysts Goodman Group’s price is currently Undervalued.
Does Goodman Group pay dividends?
Goodman Group pays a Semiannually dividend of AU$0.15 which represents an annual dividend yield of 1.02%. See more information on Goodman Group dividends here
What is Goodman Group’s EPS estimate?
Goodman Group’s EPS estimate is 0.71.
How many shares outstanding does Goodman Group have?
Goodman Group has 2,044,793,100 shares outstanding.
What happened to Goodman Group’s price movement after its last earnings report?
Goodman Group reported an EPS of AU$0.585 in its last earnings report, beating expectations of AU$0.543. Following the earnings report the stock price went down -3.961%.
Which hedge fund is a major shareholder of Goodman Group?
Currently, no hedge funds are holding shares in AU:GMG
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
Goodman Group Stock Smart Score
Outperform
1
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4
5
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8
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10
Analyst Consensus
Strong Buy
Average Price Target:
AU$35.09 (34.55% Upside)
AU$35.09 (34.55% Upside)
Blogger Sentiment
Bearish
AU:GMG Sentiment 100%
Sector Average 67%
Sector Average 67%
Insider Transactions
Bought Shares
Worth $74.2K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.93%
12-Months-Change
Fundamentals
Return on Equity
7.19%
Trailing 12-Months
Asset Growth
19.24%
Trailing 12-Months
Company Description
Goodman Group
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Continental Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally. Goodman's global property expertise, integrated own+develop+manage customer service offering and significant investment management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long-term returns for investors.
GMG Company Deck
GMG Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated strong operational and strategic progress — including $1.2 billion operating profit, an expanded power bank, growing WIP (to ~$18bn), major development partnerships, low gearing and healthy liquidity — positioning Goodman to capture data center and logistics demand. Key challenges include a material drop in transactional/performance management income, FX and hedging volatility, lower near-term development completions and limited pre-leasing on many data center projects. Management emphasized a disciplined partnering approach, maintained EPS growth guidance (9% target for FY26) and confidence in funding and delivery, suggesting positives outweigh the near-term headwinds.View all AU:GMG earnings summariesGMG Stock 12 Month Forecast
Average Price Target
AU$35.09
▲(34.55% Upside)
Technical Analysis
Options Prices
Currently, No data available
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