Scentre Group (ASX: SCG)
Australia
· Delayed Price · Currency is AUD | Market Cap | 16.60B |
| Revenue (ttm) | 2.51B |
| Net Income (ttm) | 174.90M |
| Shares Out | 5.18B |
| EPS (ttm) | 0.03 |
| PE Ratio | 106.67 |
| Forward PE | 15.43 |
| Dividend | 0.17 (5.19%) |
| Ex-Dividend Date | Feb 15, 2024 |
| Volume | 5,836,432 |
| Open | 3.210 |
| Previous Close | 3.260 |
| Day's Range | 3.190 - 3.240 |
| 52-Week Range | 2.370 - 3.420 |
| Beta | 1.51 |
| Analysts | n/a |
| Price Target | 3.27 (+2.19%) |
| Earnings Date | Feb 20, 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
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.
Are listed landlords prepared for the valuation reckoning?
In the depths of the pandemic, Scentre turned to hybrid capital to protect its balance sheet. Now, some argue office landlords should follow its example.
SCENTRE GROUP ANNOUNCES CASH TENDER OFFER FOR UP TO US$300 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS OUTSTANDING SUBORDINATED NOTES
NEW YORK and SYDNEY , Nov. 2, 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...
Rothschild Australia names former Furture Fund director as new chair
Veteran financial services director Carolyn Kay is well-known on the board scene and holds positions at Scentre Group, NAB, Myer Family Investments and FIRB.
Rothschild Australia names former Future Fund director as new chair
Veteran financial services director Carolyn Kay is well-known on the board scene and holds positions at Scentre Group, NAB, Myer Family Investments and FIRB.