Scentre Group (ASX:SCG)
Australia
· Delayed Price · Currency is AUD | Market Cap | 17.48B |
| Revenue (ttm) | 2.64B |
| Net Income (ttm) | 1.05B |
| Shares Out | 5.20B |
| EPS (ttm) | 0.20 |
| PE Ratio | 16.69 |
| Forward PE | 15.11 |
| Dividend | 0.17 (5.12%) |
| Ex-Dividend Date | Feb 13, 2025 |
| Volume | 13,565,269 |
| Average Volume | 15,425,736 |
| Open | 3.390 |
| Previous Close | 3.360 |
| Day's Range | 3.370 - 3.470 |
| 52-Week Range | 3.055 - 3.880 |
| Beta | 1.61 |
| RSI | 45.02 |
| Earnings Date | May 5, 2025 |
About Scentre Group
Scentre Group owns and operates a leading portfolio of 42 Westfield destinations with 37 located in Australia and five in New Zealand. Westfield destinations are strategically located in close proximity to 20 million people across Australia and New Zealand. The Trust has a joint interest in 39 Westfield destinations. Scentre Group's growth is driven by our ability to attract more people to our Westfield destinations. Scentre Group's unique capability to activate our destinations enables us to create moments that connect and celebrate our local ... [Read more]
Financial Performance
In 2024, Scentre Group's revenue was 2.64 billion, an increase of 5.05% compared to the previous year's 2.51 billion. Earnings were 1.05 billion, an increase of 500.23%.
Financial StatementsNews
Revealed: The Westfield malls in talks to build thousands of homes
Scentre Group is in advanced talks with the NSW government for rezoning to allow for more homes near Westfield Warringah Mall and Westfield Tuggerah.
Full Year 2024 Scentre Group Earnings Presentation Transcript
Full Year 2024 Scentre Group Earnings Presentation Transcript
What we learnt: ‘Not investible’: Woolies risks crisis of confidence
Big cost cuts at Woolworths couldn’t turn investor sentiment around, Flight Centre loses altitude and Westfield owner Scentre eyes a housing play.
Westfield owner’s next big play is apartment towers
Shopping mall giant Scentre wants to obtain as many rezoning approvals as possible at its shopping centres to allow for high-rise apartments.
Citi upgrades shopping centre operator Scentre in recovering market
The investment bank has also flagged Goodman, National Storage, Ingenia, Stockland and GPT as stocks in for a better year.
Goodman, Scentre among REITs set to bounce higher in 2025
A lack of new supply is expected to put more pricing power in the hands of landlords, meaning stronger earnings growth in 2025, say global investment managers.
ASX 200 LIVE: Shares fall; Wall St surges on Trump election; ACCC okays Sigma-Chemist deal; Zip earnings jump; NAB profit falls; Quickstep soars on takeover bid; Scentre reaffirms guidance.
Shares fall; Wall St surges on Trump election; ACCC OKs Sigma-Chemist deal; Zip earnings jump; NAB’s profit falls; Quickstep soars on takeover bid; Scentre reaffirms guidance. Follow updates here.
SCENTRE GROUP ANNOUNCES CONSIDERATION FOR TENDER OFFER
NEW YORK and SYDNEY , Sept. 5, 2024 /PRNewswire/ -- RE1 Limited, in its capacity as responsible entity and trustee of Scentre Group Trust 2 (the "Offeror"), a trust forming part of the stapled entity ...
SCENTRE GROUP ANNOUNCES UPSIZE AND EARLY RESULTS OF TENDER OFFER
NEW YORK and SYDNEY , Sept. 5, 2024 /PRNewswire/ -- RE1 Limited, in its capacity as responsible entity and trustee of Scentre Group Trust 2 (the "Offeror"), a trust forming part of the stapled entity ...
SCENTRE GROUP ANNOUNCES PRELIMINARY EARLY RESULTS OF TENDER OFFER
NEW YORK and SYDNEY , Sept. 4, 2024 /PRNewswire/ -- RE1 Limited, in its capacity as responsible entity and trustee of Scentre Group Trust 2 (the "Offeror"), a trust forming part of the stapled entity ...
Hybrids make stealthy return in Scentre vision
A $750 million hybrid security issue entertained by Scentre may encourage more corporations to turn to the Australian debt market to bolster their balance sheets.
Dexus to offload Townsville mall for more than $200m
The looming sale of the Willows Shopping Centre comes amid a noticeable pick-up in deal activity, including from ASX-listed Scentre and Vicinity.
Scentre Group (STGPF) Q2 2024 Earnings Call Transcript Highlights: Strong Growth in Key Metrics
Scentre Group (STGPF) Q2 2024 Earnings Call Transcript Highlights: Strong Growth in Key Metrics
Half Year 2024 Scentre Group Earnings Call Transcript
Half Year 2024 Scentre Group Earnings Call Transcript
Scentre CEO: We are 'immune' to elevated interest rates
Elliott Rusanow, CEO of Scentre expects earnings growth to continue for the Westfield mall operator in Australia and New Zealand despite increasing competition and macro headwinds.
Westfield owner Scentre’s mall buying spree not done
Scentre is banking that its strong first-half performance will attract more capital to allow it to buy malls at a time when more of them are for sale.
SCENTRE GROUP ANNOUNCES CASH TENDER OFFER FOR UP TO US$550 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS OUTSTANDING SUBORDINATED NOTES
NEW YORK and SYDNEY , Aug. 20, 2024 /PRNewswire/ -- RE1 Limited, in its capacity as responsible entity and trustee of Scentre Group Trust 2 (the "Offeror"), a trust forming part of the stapled entity ...
Scentre, Barrenjoey pin down another Adelaide shopping mall bargain
Scentre Group and Barrenjoey Private Capital Management are back buying 50% stake in an Adelaide mall, a month after they struck a deal at Tea Tree Plaza
Barrenjoey, Scentre Group establish jointly managed fund
Barrenjoey and Scentre Group have established a jointly managed fund to purchase a 50% stake in Adelaide's Westfield Tea Tree Plaza.
Scentre’s bargain-hunting lands it $308m stake in Adelaide mall
The Westfield owner has set up a fund with Barrenjoey to buy a half stake in Tea Tree mall, in a deal that was struck at a 12 per cent discount to book value.
Westfield Bondi owner says shoppers are back after horror attack
Scentre chief executive Elliot Rusanow said the mall operator had increased security spending as it returned to a “different” normal after the fatal attack.
Westfield security guards in Victoria say they requested additional protection months before mass Bondi stabbing
A Scentre Group spokesperson says the company has started providing Westfield staff with protective vests and will increase protection if review deems it necessary Get our morning and afternoon news e...
Scentre shareholders deliver first strike against CEO’s $5.5m pay
Despite delivering distributions ahead of expectations over the 2023 year, the Westfield owner’s remuneration report has suffered a protest by shareholders.
20 Biggest Real Estate and Property Companies in Australia, 2024
Goodman Group led the Real Estate and Property Companies listed on the Australian Securities Exchange as of March 2024, with a market capitalization of over 59.24 billion Australian dollars. Meanwhile...
Why Scentre Group’s the only property stock on the ASX worth owning
Quay Global Investors’ Justin Blaess tells why he likes Westfield’s owner, office occupancy rates and his takeaways from the recent earnings season.