Mirvac Group (AU:MGR)
ASX:MGR
Want to see AU:MGR full AI Analyst Report?
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$7.04B
Enterprise ValueAU$10.89B
Total Cash (Recent Filing)AU$126.00M
Total Debt (Recent Filing)AU$4.02B
Price to Earnings (P/E)18.2
Beta0.89
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$2.06Price Target Upside2.80% Upside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)0.13
Revenue Forecast (FY)AU$902.10M
Bulls Say, Bears Say
Bulls Say
Balance Sheet & LiquidityA moderate gearing ratio, healthy interest cover and A$1.0bn liquidity provide durable financial flexibility. This supports refinancing, funds committed developments and buffers higher rates, reducing likelihood of forced asset sales and enabling multi‑year execution of the development and repositioning plan.
Residential Sales & MarginsStrong residential sales growth with materially improved margins and higher settlements signals restored development profitability and visible earnings conversion. Combined with ~90% secured sales and restocked lot pipeline, this creates multi‑year cashflow and earnings optionality from residential delivery.
Capital Partnerships & FUM GrowthSignificant third‑party capital and rapid FUM growth diversify funding sources, convert development risk to fee‑bearing management, and lower balance‑sheet capital needs. Persistent institutional demand strengthens recurring fee income and supports scale benefits across developments and build‑to‑rent programs.
Bears Say
Compressed Development ReturnsCurrent development returns are depressed versus through‑cycle targets, meaning project economics are strained by higher construction and legacy cost pressures. If returns remain below target, Mirvac may need price increases, cost cuts or longer hold periods to restore margins, weighing on multi‑year ROIC.
Weakened Cash ConversionA steep decline in free cash flow and weak cash conversion reduces internal funding for development, increases reliance on external capital and heightens exposure to rising financing costs. Over several quarters this can constrain reinvestment, slow pipeline delivery and pressure distribution policy flexibility.
Office Leasing & Disposal Execution RiskIncomplete leasing and ongoing disposals in the office portfolio create execution risk that can depress recurring income and valuation outcomes until resolved. Over the medium term, failure to lease or achieve targeted disposal prices would limit NOI recovery and hinder the intended portfolio repositioning.
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$7.04B.
When is Mirvac Group’s upcoming earnings report date?
Mirvac Group’s upcoming earnings report date is Aug 19, 2026 which is in 53 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 5.699%.
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
AU$2.06 (2.80% Upside)
AU$2.06 (2.80% Upside)
Blogger Sentiment
Neutral
AU:MGR Sentiment 50%
Sector Average ―
Sector Average ―
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
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 Company Deck
MGR Earnings Call
Q2 2026
0:00 / 0:00
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.View all AU:MGR earnings summariesMGR Stock 12 Month Forecast
Average Price Target
AU$2.06
▲(2.80% Upside)
Technical Analysis
Options Prices
Currently, No data available
---