Current Status: HOLD
Notes:
August 22nd:
Stockland announced the dividend of AUD 0.14600000 for the six months ended June 30, 2022.
Payable on August 31, 2022.
OVERVIEW:
Exchange: Australian Stock Exchange
Ticker: SGP
Sector: Real Estate Investment Trust
COMPANY DESCRIPTION:
Stockland Corporation Limited is a diversified Australian property development company. It has business in shopping centres, housing estates, industrial estates and retirement villages.
FINANCIAL OVERVIEW:
Market Cap - $10.37 Billion
P/E Ratio - 9.42
Dividend Yield - 5.6%
Return-On-Equity (5 year avg %) - 12.29%
Interest Coverage - 10.64
Year Net Income Growth Rate (5 year avg %) - 1036.36%
Earnings Per Share (5 year avg %) - 908.48%
Current Ratio - 0.53
Revenue Growth Rate (5 year avg %) - 3.70%
RECOMMENDATION:
Buy Range - $4.00 to $4.50
Profit Target - $6.67 (approx 60.67% ROI)
Stop Loss - $3.00
Risk:Reward - 1:2.7
