Scentre Group (ASX: SCG)
Australia
· Delayed Price · Currency is AUD | Market Cap | 18.24B |
| Revenue (ttm) | 2.54B |
| Net Income (ttm) | 429.40M |
| Shares Out | 5.20B |
| EPS (ttm) | 0.08 |
| PE Ratio | 42.58 |
| Forward PE | 15.84 |
| Dividend | 0.17 (4.86%) |
| Ex-Dividend Date | Aug 15, 2024 |
| Volume | 11,874,607 |
| Open | 3.510 |
| Previous Close | 3.500 |
| Day's Range | 3.490 - 3.540 |
| 52-Week Range | 2.520 - 3.880 |
| Beta | 1.58 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 21, 2024 |
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 encompassing more than 12,000 outlets. Our Westfield destinations are strategically located in the heart of the local communities we serve. Our centres are considered community hubs that connect people with services and experiences that enrich their daily lives. The Trust has a joint interest in 39 Westfield destinations. [Read more]
Financial Performance
In 2023, Scentre Group's revenue was 2.51 billion, an increase of 2.13% compared to the previous year's 2.46 billion. Earnings were 174.90 million, a decrease of -41.82%.
Financial StatementsNews
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.
Activating our locations to provide free entertainment has helped drive customer visits and sales: Scentre CEO
Elliott Rusanow, CEO of shopping mall operator Scentre, discusses how its partnerships with Disney and Live Nation has helped drive more customer visits to its locations.
Westfield owner Scentre beats guidance with 5.4pc lift in payout
Scentre’s leasing spreads, the difference in rents between old and new agreements, is expected to remain positive even as consumer spending slows.
SCENTRE GROUP ANNOUNCES FINAL TENDER RESULTS AND EXPIRATION OF TENDER OFFER
NEW YORK and SYDNEY , Dec. 4, 2023 /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 S...
SCENTRE GROUP ANNOUNCES CONSIDERATION FOR TENDER OFFER
NEW YORK and SYDNEY , Nov. 17, 2023 /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 EARLY RESULTS OF TENDER OFFER
NEW YORK and SYDNEY , Nov. 16, 2023 /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 ...
Westfield owner Scentre chalks up inflation-beating rent rises
While sales growth has come off the boil at its malls, the company is locking in rental growth. That’s good news for its investors.