Mirvac Group (AU:MGR)
ASX:MGR
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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$1.64 - AU$2.46
Previous CloseN/A
Volume11.83M
Average Volume (3M)14.71M
Market Cap
AU$6.67B
Enterprise ValueAU$10.56B
Total Cash (Recent Filing)AU$126.00M
Total Debt (Recent Filing)AU$4.02B
Price to Earnings (P/E)17.3
Beta0.92
Next Earnings
Aug 12, 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$2.07Price Target Upside3.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.13
Revenue Forecast (FY)AU$902.22M
Bulls Say, Bears Say
Bulls Say
Balance Sheet & LiquidityMirvac's moderate gearing (25.8%), robust interest cover and A$1.0bn available liquidity with no near-term maturities materially reduce refinancing risk. This durable funding flexibility supports multi-year development programs, asset recycling and distributions even if markets remain volatile.
Residential Pipeline & MarginsStrong residential momentum — a 38% sales uplift, improved 22.5% margins, higher settlements and ~90% of the year secured — creates multi-year cash flow visibility. Restocked lots and more MPC projects provide durable earnings optionality and reduce short-term earnings volatility from project timing.
Funds Management & Capital PartnersScale in third-party capital (A$17bn) and repeat institutional raises build a fee-earning, capital-light growth engine. Persistent FUM expansion and partner demand underwrite recurring management fees, de-risk development funding and enhance Mirvac's ability to co-invest without overleveraging the balance sheet.
Bears Say
Compressed Development ReturnsCurrent development returns below 10% on deployed capital reflect higher construction and legacy cost pressures. Persistently subdued development ROIC impairs Mirvac's ability to earn attractive returns from its largest value-creation engine and slows balance-sheet repair and long-term value compounding.
Weakened Cash ConversionA 32% drop in free cash flow and an operating-cash-to-net-income ratio of 0.30 show weaker cash conversion. Lower recurring cash generation limits internal funding for development settlements, reduces flexibility for distributions and increases reliance on equity/debt markets over the medium term.
Earnings Mix & Office Execution RiskA significant portion of recent statutory profit came from A$120m of non-cash revaluations, which are cyclical and non-recurring. Concurrently, remaining office leasing and c.A$0.5bn of disposals are still to be executed, adding execution risk to cash realisation and recurring income growth.
Mirvac Group News
MGR FAQ
What was Mirvac Group’s price range in the past 12 months?
Mirvac Group lowest share price was AU$1.64 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$6.67B.
When is Mirvac Group’s upcoming earnings report date?
Mirvac Group’s upcoming earnings report date is Aug 12, 2026 which is in 71 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$0.045 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
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$2.07 (3.58% Upside)
AU$2.07 (3.58% Upside)
Blogger Sentiment
Bullish
AU:MGR Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth AU$106.2K over
the Last 3 Months
the Last 3 Months
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 is an Australian property group with a clearly defined purpose to reimagine urban life. By creating beautiful homes, inspiring workplace precincts and thriving shopping centres, we aim to make a positive contribution to our cities and communities. Mirvac was founded in 1972, which means we've been shaping Australia's urban landscape for almost fifty years. Of course, we've evolved a lot over that time growing from a small joint venture to become a thriving ASX-listed property group that leads the way in innovation, sustainability and placemaking. Renowned for the quality of our products, we've created some of Australia's most iconic places and precincts, from thriving masterplanned communities, to landmark offices including our own headquarters at EY Centre, 200 George Street, Sydney. At the heart of every project there exists a deep commitment to our customers and communities.
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$2.07
▲(3.58% Upside)
Technical Analysis
Options Prices
Currently, No data available
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