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City Developments (C09) Price & Analysis

197 Followers

C09 Stock Chart & Stats

S$7.48

S$0.05(0.67%)

At close: Jul 27 4:00 PM EDT

S$7.48

S$0.05(0.67%)

Day’s Range― - ―

52-Week RangeS$6.61 - S$10.09

Previous CloseN/A

Volume1.28M

Average Volume (3M)1.80M

Market Cap

S$7.35B

Enterprise ValueS$20.62K

Total Cash (Recent Filing)S$2.02B

Total Debt (Recent Filing)S$14.52B

Price to Earnings (P/E)8.9

Beta0.82

Next Earnings

Feb 25, 2027

EPS Estimate

0.28

Next Dividend Ex-DateN/A

Dividend Yield3.76%

Share Statistics

EPS (TTM)0.93

Shares Outstanding909,301,330

10 Day Avg. Volume1,632,500

30 Day Avg. Volume1,799,860

Financial Highlights & Ratios

PEG Ratio0.05

Price to Book (P/B)0.75

Price to Sales (P/S)1.98

P/FCF Ratio-2.99

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

S$11.30

Price Target Upside51.10% Upside

Rating ConsensusStrong Buy

Number of Analyst Covering4

EPS Forecast (FY)0.48

Revenue Forecast (FY)S$4.15B

Bulls Say, Bears Say

Bulls Say

Strong H1 2026 Operating GrowthThe sharp improvement shows strong earnings capture from completed developments and supports near-term profitability. Continued project completions and sales provide a visible operational foundation, although the mix remains development-led.

Hotel Turnaround And Portfolio DiversificationThe hotel recovery strengthens CDL’s recurring operating platform beyond property development. Improved occupancy, RevPAR and cost discipline can support more resilient earnings, while geographic diversification reduces dependence on any single market.

Strong Liquidity And Development PipelineSubstantial liquidity and committed funding provide capacity to complete projects, manage refinancing needs and pursue land replenishment. Strong sales at Norwood Grand and Newport Residences also support future revenue visibility.

Bears Say

Elevated Leverage Limits Financial FlexibilityHigh leverage increases sensitivity to interest costs, asset values and property-market weakness. It can constrain new investment and shareholder distributions, making successful capital recycling and gearing reduction important to long-term resilience.

Inconsistent Cash ConversionNegative cash generation indicates reported profits are not consistently translating into internally funded liquidity. Development working-capital swings may explain part of the volatility, but recurring reversals increase reliance on debt, disposals or external financing.

Cyclical And Uneven Earnings VisibilityEarnings depend heavily on project milestones, handovers and asset disposals, creating uneven results across reporting periods. Softer PBSA performance and delayed divestments further reduce visibility and may prolong portfolio optimization efforts.

City Developments News

Darren Chan Maintains Buy on City Developments, Sees Re-Rating Potential with Unchanged $11.32 Target Price

Analyst Darren Chan from Phillip Securities maintained a Buy rating on City Developments and keeping the price target...

6d ago

CDL Investments posts steady margins as interim profit eases and development pipeline grows

City Developments ( ($SG:C09) ) has shared an announcement. CDL Investments New Zealand reported a slight dip in...

12d ago

Millennium & Copthorne NZ lifts interim profit and strengthens equity base

The latest update is out from City Developments ( ($SG:C09) ). Millennium & Copthorne Hotels New Zealand reported...

12d ago

Grand Plaza Hotel Hit by Loss of Main Tenant as Renovation Costs Weigh on Cash

An update from City Developments ( ($SG:C09) ) is now available. Grand Plaza Hotel Corporation reported its June...

16d ago

CDL Investments Wins Fast-Track Approval for Major Havelock North Housing Project

City Developments ( ($SG:C09) ) has shared an update. CDL Investments New Zealand has secured fast-track referral approval...

2M ago

City Developments’ AGM backs dividend, board slate and expanded share issuance mandate

An announcement from City Developments ( ($SG:C09) ) is now available. City Developments Limited held its 63rd annual...

3M ago

CDL Shareholders Approve New Performance Share Plan 2026

An update from City Developments ( ($SG:C09) ) is now available. City Developments Limited secured shareholder approval at...

3M ago

CDL Investments profits fall in soft housing market as developer leans on pipeline and rentals

City Developments ( ($SG:C09) ) has shared an update. CDL Investments New Zealand reported profit after tax of...

3M ago

MCK Posts Strong 2025 Results and Enters 2026 with Cautious Optimism

City Developments ( ($SG:C09) ) has issued an update. MCK reported another strong year in 2025, with hotel...

3M ago

Grand Plaza Hotel Gets Clean Audit Opinion on 2025 Financials

City Developments ( ($SG:C09) ) has shared an update. Grand Plaza Hotel Corporation has released its audited financial...

3M ago

C09 FAQ

What was City Developments Limited’s price range in the past 12 months?

City Developments Limited lowest share price was S$6.61 and its highest was S$10.09 in the past 12 months.

What is City Developments Limited’s market cap?

City Developments Limited’s market cap is S$7.35B.

When is City Developments Limited’s upcoming earnings report date?

City Developments Limited’s upcoming earnings report date is Feb 25, 2027 which is in 186 days.

How were City Developments Limited’s earnings last quarter?

City Developments Limited released its earnings results on Aug 12, 2026. The company reported S$0.326 earnings per share for the quarter, beating the consensus estimate of S$0.27 by S$0.056.

Is City Developments Limited overvalued?

According to Wall Street analysts City Developments Limited’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does City Developments Limited pay dividends?

City Developments Limited pays a Annually dividend of S$0.06 which represents an annual dividend yield of 3.76%. See more information on City Developments Limited dividends here

What is City Developments Limited’s EPS estimate?

City Developments Limited’s EPS estimate is 0.28.

How many shares outstanding does City Developments Limited have?

City Developments Limited has 909,301,330 shares outstanding.

What happened to City Developments Limited’s price movement after its last earnings report?

City Developments Limited reported an EPS of S$0.326 in its last earnings report, beating expectations of S$0.27. Following the earnings report the stock price went up 4.333%.

Which hedge fund is a major shareholder of City Developments Limited?

Currently, no hedge funds are holding shares in SG:C09

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

City Developments Stock Smart Score

Neutral

Fundamentals

Return on Equity

3.76%

Trailing 12-Months

Asset Growth

4.66%

Trailing 12-Months

Top Smart Score Stocks >

Company Description

City Developments Limited

City Developments Limited (CDL) is a leading global real estate company with a network spanning 168 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically diverse portfolio comprises residences, offices, hotels, serviced apartments, student accommodation, retail malls and integrated developments. With a proven track record of over 60 years in real estate development, investment and management, the Group has developed over 53,000 homes and owns around 23 million square feet of gross floor area in residential for lease, commercial and hospitality assets globally. Along with its wholly-owned hotel subsidiary, Millennium & Copthorne Hotels Limited (M&C), the Group has over 160 hotels worldwide, many in key gateway cities. Leveraging its deep expertise in developing and managing a diversified asset base, the Group is focused on enhancing the performance of its portfolio and strengthening its recurring income streams to deliver long-term sustainable value to shareholders. The Group is actively pursuing its fund management growth strategy to further leverage its strengths.

City Developments (C09) Earnings & Revenues

Historic Earnings Reports

C09 Stock 12 Month Forecast

Average Price Target

S$11.30

▲(51.10% Upside)

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Detailed Analyst Forecast >