Mirvac
AU:
MGR-AUD
A$2.14
0.00%
Mirvac is a reit - diversified business based in Australia. Mirvac shares (MGR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Mirvac has a trailing 12-month revenue of around $2.4 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Mirvac
To buy shares listed in Australia such as Mirvac, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
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Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
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Search for Mirvac. Find the share by name or ticker symbol: MGR. Research its history to confirm it's a solid investment against your financial goals.
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Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Mirvac reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
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Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
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Check on your investment. Congratulations, you own a part of Mirvac. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
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Mirvac stock price (ASX:MGR)
Use our graph to track the performance of MGR stocks over time.Mirvac shares at a glance
Information last updated 2024-04-25.
| 52-week range | $1.7762 - $2.4124 |
|---|---|
| 50-day moving average | $2.2172 |
| 200-day moving average | $2.1624 |
| Target price | $2.28 |
| PE ratio | N/A |
| Dividend yield | $0.098 (4.31%) |
| Earnings per share (TTM) | $-0.15 |
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Mirvac stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Mirvac price performance over time
Historical closes compared with the last close of A$2.09
| 1 week (2024-04-17) | -0.48% |
|---|---|
| 1 month (2024-03-25) | -8.33% |
| 3 months (2024-01-25) | 2.09 |
| 6 months (2023-10-25) | 7.46% |
| 1 year (2023-04-24) | -8.73% |
|---|---|
| 2 years (2022-04-22) | -12.92% |
| 3 years (2021-04-23) | -19.31% |
| 5 years (2019-04-24) | -26.67% |
Is Mirvac under- or over-valued?
Valuing Mirvac stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Mirvac's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Mirvac's EBITDA
Mirvac's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $533 million (£0.0 million).
The EBITDA is a measure of a Mirvac's overall financial performance and is widely used to measure stock profitability.
Mirvac financials
| Revenue TTM | $2.4 billion |
|---|---|
| Operating margin TTM | 19.66% |
| Gross profit TTM | $1 billion |
| Return on assets TTM | 1.8% |
| Return on equity TTM | -5.45% |
| Profit margin | -24.6% |
| Book value | 2.578 |
| Market capitalisation | $8.2 billion |
TTM: trailing 12 months
Mirvac's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Mirvac.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Mirvac's total ESG risk score
Total ESG risk: 15.14
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Mirvac's overall score of 15.14 (as at 12/31/2018) is excellent – landing it in it in the 9th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Mirvac is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Mirvac's environmental score
Environmental score: 6.88/100
Mirvac's environmental score of 6.88 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Mirvac is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Mirvac's social score
Social score: 7.06/100
Mirvac's social score of 7.06 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Mirvac is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Mirvac's governance score
Governance score: 11.2/100
Mirvac's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Mirvac is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Mirvac's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Mirvac scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Mirvac has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
Mirvac Group was last rated for ESG on: 2019-01-01.
| Total ESG score | 15.14 |
|---|---|
| Total ESG percentile | 8.92 |
| Environmental score | 6.88 |
| Environmental score percentile | 8 |
| Social score | 7.06 |
| Social score percentile | 8 |
| Governance score | 11.2 |
| Governance score percentile | 8 |
| Level of controversy | 2 |
Mirvac share dividends
Dividend payout ratio: 72.54% of net profits
Recently Mirvac has paid out, on average, around 72.54% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.31% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Mirvac shareholders could enjoy a 4.31% return on their shares, in the form of dividend payments. In Mirvac's case, that would currently equate to about A$0.098 per share.
Mirvac's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 27 December 2023 (the "ex-dividend date").
Have Mirvac's shares ever split?
Mirvac's shares were split on a 110:100 basis on 8 June 2009. So if you had owned 100 shares the day before the split, the next day you would own 110 shares. This wouldn't directly have changed the overall worth of your Mirvac shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for Mirvac shares which in turn could have impacted Mirvac's share price.
Mirvac share price volatility
Over the last 12 months, Mirvac's shares have ranged in value from as little as $1.7762 up to $2.4124. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Mirvac's is 1.076. This would suggest that Mirvac's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).
Mirvac overview
Founded in 1972, Mirvac is an Australian Securities Exchange (ASX) top 50 company with an integrated asset creation and curation capability. For more than 50 years, we've dedicated ourselves to creating extraordinary urban places and experiences. We have over $35 billion of assets under management, together with a $12 billion commercial and mixed use development pipeline, and a $17 billion residential development pipeline, enabling us to deliver innovative and high-quality property for our customers, while driving long-term value for our securityholders.
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Mirvac in the news
Mirvac Group First Half 2024 Earnings: AU$0.051 loss per share (vs AU$0.055 profit in 1H 2023)
With 53% institutional ownership, Mirvac Group (ASX:MGR) is a favorite amongst the big guns
Mirvac Group (ASX:MGR) investors are sitting on a loss of 12% if they invested three years ago
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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