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Vicinity Centres (AU:VCX)
ASX:VCX
VCX Stock Chart & Stats
AU$2.57
-AU$0.01(-0.47%)
At close: 4:00 PM EST
AU$2.57
-AU$0.01(-0.47%)
Day’s Range― - ―
52-Week RangeAU$2.06 - AU$2.69
Previous CloseN/A
Volume7.04M
Average Volume (3M)7.67M
Market Cap
$11.73B
Enterprise ValueAU$16.93B
Total Cash (Recent Filing)$80.70M
Total Debt (Recent Filing)$4.85B
Price to Earnings (P/E)8.9
Beta0.62
Next Earnings
Aug 25, 2026EPS Estimate
0.07Next Dividend Ex-DateN/A
Dividend Yield4.72%
Share Statistics
EPS (TTM)0.17
Shares Outstanding4,599,700,700
10 Day Avg. Volume6,620,781
30 Day Avg. Volume7,666,209
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)1.01
Price to Sales (P/S)8.51
P/FCF Ratio17.46
Enterprise Value/Market Cap1.44
Enterprise Value/Revenue12.42
Enterprise Value/Gross Profit34.29
Enterprise Value/Ebitda19.64
Forecast
1Y Price Target
$2.57Price Target Upside0.14% Upside
Rating ConsensusHold
Number of Analyst Covering7
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
High Occupancy And Leasing MomentumNear-perfect occupancy and record leasing spreads indicate durable rental cashflow resilience and strong landlord negotiating power. High tenant retention and multi-year average tenures reduce vacancy risk and support steady income, underpinning distributable earnings over the next 2–6 months and beyond.
Strong Balance Sheet And Liquidity BufferModerate gearing, sizable undrawn facilities and investment‑grade ratings provide financial flexibility to fund developments, absorb shocks, and refinance maturities without urgent asset sales. This liquidity and rated profile materially lowers refinancing and execution risk over the medium term.
Value-accretive Developments And Asset RecyclingTargeted redevelopments with mid-single-digit stabilized yields and ~10% unlevered IRRs plus demonstrated early trading uplift signal the ability to create long‑term value. Coupled with disciplined asset recycling, this supports sustainable NAV growth and recurring income expansion over coming years.
Bears Say
Negative Free Cash Flow Growth TrendA declining free cash flow trend constrains capacity to self‑fund development, distributions, and contingencies without leaning on disposals or debt. Over multiple quarters this can pressure financial flexibility, raise refinancing needs, and limit optionality for opportunistic investments.
Elevated Construction Costs And Execution RiskHeightened input costs and capacity constraints increase the risk of scope changes, budget overruns and delayed stabilisation. For multi‑year redevelopments, these factors can materially compress projected IRRs, extend loss‑of‑rent periods and erode the anticipated value uplift.
Tax/levy Headwinds And Higher Security ProvisionsStructural increases in property‑related taxes and recurring security costs reduce net property income margins and are likely to persist until policy or operational offsets occur. These levies and provisions structurally depress distributable income and raise operating cost baselines.
Vicinity Centres News
VCX FAQ
What was Vicinity Centres’s price range in the past 12 months?
Vicinity Centres lowest share price was AU$2.06 and its highest was AU$2.69 in the past 12 months.
What is Vicinity Centres’s market cap?
Vicinity Centres’s market cap is $11.73B.
When is Vicinity Centres’s upcoming earnings report date?
Vicinity Centres’s upcoming earnings report date is Aug 25, 2026 which is in 185 days.
How were Vicinity Centres’s earnings last quarter?
Vicinity Centres released its earnings results on Feb 18, 2026. The company reported AU$0.175 earnings per share for the quarter, beating the consensus estimate of AU$0.075 by AU$0.1.
Is Vicinity Centres overvalued?
According to Wall Street analysts Vicinity Centres’s price is currently Undervalued.
Does Vicinity Centres pay dividends?
Vicinity Centres pays a Semiannually dividend of AU$0.06 which represents an annual dividend yield of 4.72%. See more information on Vicinity Centres dividends here
What is Vicinity Centres’s EPS estimate?
Vicinity Centres’s EPS estimate is 0.07.
How many shares outstanding does Vicinity Centres have?
Vicinity Centres has 4,599,700,700 shares outstanding.
What happened to Vicinity Centres’s price movement after its last earnings report?
Vicinity Centres reported an EPS of AU$0.175 in its last earnings report, beating expectations of AU$0.075. Following the earnings report the stock price went up 0.784%.
Which hedge fund is a major shareholder of Vicinity Centres?
Currently, no hedge funds are holding shares in AU:VCX
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
Vicinity Centres Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$2.57 (0.14% Upside)
$2.57 (0.14% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.13%
12-Months-Change
Fundamentals
Return on Equity
9.03%
Trailing 12-Months
Asset Growth
1.98%
Trailing 12-Months
Company Description
Vicinity Centres
Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups. With a fully integrated asset management platform, and $24 billion in retail assets under management across 63 shopping centres, it is the second largest listed manager of Australian retail property. Vicinity has a Direct Portfolio with interests in 60 shopping centres (including the DFO Brisbane business) and manages 31 assets on behalf of Strategic Partners, 28 of which are co-owned by the Group. Vicinity is listed on the Australian Securities Exchange (ASX) under the code VCX and has over 28,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code VCD.
VCX Company Deck
VCX Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a predominately positive operational and financial picture: record statutory profit, valuation gains, very high occupancy, record leasing spreads, strong retail sales and productivity, successful divestments at premiums, and an upgraded FY'26 NPI/guidance trajectory. Challenges identified — taxes/levies, elevated construction costs, increased security provisions, modest near-term sales seasonality and some one-off items — are meaningful but presented as manageable and largely accounted for in guidance. The balance sheet is strong, liquidity is ample and management has clear strategies to derisk developments and recycle capital, supporting confidence in execution and future returns.View all AU:VCX earnings summariesVCX Stock 12 Month Forecast
Average Price Target
AU$2.57
▲(0.14% Upside)
Technical Analysis
Options Prices
Currently, No data available
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