Scentre Group (ASX: SCG)

Australia flag Australia · Delayed Price · Currency is AUD
3.485
+0.005 (0.14%)
Dec 13, 2024, 3:40 PM AEST
24.46%
Market Cap 18.08B
Revenue (ttm) 2.54B
Net Income (ttm) 429.40M
Shares Out 5.20B
EPS (ttm) 0.08
PE Ratio 42.21
Forward PE 15.65
Dividend 0.17 (4.85%)
Ex-Dividend Date Aug 15, 2024
Volume 5,661,153
Open 3.460
Previous Close 3.480
Day's Range 3.450 - 3.490
52-Week Range 2.830 - 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]

Industry REIT - Retail
Sector Real Estate
Founded 2014
Employees 2,964
Stock Exchange Australian Securities Exchange
Ticker Symbol SCG
Full Company Profile

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 Statements

News

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.

5 weeks ago - The Australian Financial Review

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 ...

3 months ago - PRNewsWire

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 ...

3 months ago - PRNewsWire

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 ...

3 months ago - PRNewsWire

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.

3 months ago - The Australian Financial Review

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.

4 months ago - The Australian Financial Review

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

4 months ago - GuruFocus

Half Year 2024 Scentre Group Earnings Call Transcript

Half Year 2024 Scentre Group Earnings Call Transcript

4 months ago - GuruFocus

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.

4 months ago - CNBC

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.

4 months ago - The Australian Financial Review

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 ...

4 months ago - PRNewsWire

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

4 months ago - The Australian Financial Review

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.

6 months ago - Financial Standard

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.

6 months ago - The Australian Financial Review

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.

7 months ago - The Australian Financial Review

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...

8 months ago - The Guardian

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.

9 months ago - The Australian Financial Review

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...

10 months ago - CEOWORLD magazine

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.

10 months ago - The Australian Financial Review

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.

10 months ago - CNBC

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.

10 months ago - The Australian Financial Review

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...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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.

1 year ago - The Australian Financial Review