City Developments Limited (SGX:C09)
| Market Cap | 6.34B -1.1% |
| Revenue (ttm) | 4.62B +36.0% |
| Net Income | 831.21M +310.4% |
| EPS | 0.89 +310.4% |
| Shares Out | 893.40M |
| PE Ratio | 8.01 |
| Forward PE | 14.39 |
| Dividend | 0.28 (3.94%) |
| Ex-Dividend Date | Aug 20, 2026 |
| Volume | 1,835,200 |
| Open | 7.17 |
| Previous Close | 7.17 |
| Day's Range | 7.08 - 7.24 |
| 52-Week Range | 6.87 - 10.09 |
| Beta | 0.48 |
| Analysts | Buy |
| Price Target | 10.42 (+46.76%) |
| Est. Earnings | Nov 11, 2026 |
About City Developments
City Developments Limited (CDL) is a leading global real estate company with a network spanning 167 locations across 28 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalization. Its income-stable and geographically diverse portfolio comprises residences, offices, hotels, serviced apartments, student accommodation, retail malls and integrated developments. With a proven track record of over 60 years in real estate development, investment, and management, the Group has developed o... [Read more]
Financial Performance
In 2025, City Developments's revenue was 3.59 billion, an increase of 9.66% compared to the previous year's 3.27 billion. Earnings were 620.28 million, an increase of 225.01%.
Financial StatementsAnalyst Summary
According to 13 analysts, the average rating for C09 stock is "Buy." The 12-month stock price target is $10.42, which is an increase of 46.76% from the latest price.
News
City Developments Transcript: Status update
A refreshed three-year strategy targets SGD 5 billion in new investments and SGD 6 billion in divestments, focusing on four sectors and key markets. Divestment proceeds will prioritize debt repayment, with a minimum 35% dividend payout and a goal to double AUM to SGD 10 billion. Execution is closely monitored, with management accountability and periodic updates.
City Developments Press release: Status update
City Developments issued a press release on September 27, 2026, disclosing material business information to investors.
City Developments Slides: Status update
City Developments has posted slides in relation to its latest quarterly earnings report, which was published on September 27, 2026.
City Developments Earnings Call Transcript: H1 2026
Revenue and PATMI surged in H1 2026, led by strong Singapore property development and resilient hotel and commercial segments. Gearing rose due to land acquisitions, but liquidity remains robust. Capital recycling and a strategic review are set to drive future growth.
City Developments Slides: H1 2026
City Developments has posted slides in relation to its H1 2026 quarterly earnings report, which was published on August 12, 2026.
City Developments Quarterly report: H1 2026
City Developments has published its H1 2026 quarterly earnings report on August 12, 2026.
City Developments Earnings release: H1 2026
City Developments released its H1 2026 earnings on August 12, 2026, summarizing the period's financial results.
City Developments Earnings release: Q1 2026
City Developments released its Q1 2026 earnings on May 19, 2026, summarizing the period's financial results.
City Developments Slides: FY 2026
City Developments has posted slides in relation to its FY 2026 quarterly earnings report, which was published on April 28, 2026.
City Developments Earnings Call Transcript: H2 2025
Revenue rose 9.7% to SGD 3.6 billion and PATMI surged over 200% to SGD 630 million, driven by record Singapore residential sales and strong capital recycling. A new dividend policy sets a minimum 35% payout of reported PATMI, with a total SGD 0.28 per share for FY2025.
City Developments Annual report: H2 2025
City Developments has published its H2 2025 annual report on February 26, 2026.
City Developments Slides: H2 2025
City Developments has posted slides in relation to its H2 2025 quarterly earnings report, which was published on February 26, 2026.
City Developments Earnings release: H2 2025
City Developments released its H2 2025 earnings on February 26, 2026, summarizing the period's financial results.
City Developments Earnings release: Q3 2025
City Developments released its Q3 2025 earnings on November 16, 2025, summarizing the period's financial results.