Goodman Group

GMG

AU000000GMG2

Commercial REITs

Market Closed - Australian S.E. Other stock markets 02:10:43 2024-04-26 am EDT			5-day change	1st Jan Change
30.81 ^AUD	-1.75%		+1.05%	+21.78%

Apr. 22	Barrenjoey Markets Downgrades Goodman Group to Neutral From Overweight; Price Target is AU$30	MT
Apr. 10	Goodman Group Announces Retirement of Phillip Pryke as Independent Non-Executive Director	CI

Goodman Group Provides Distribution Guidance for the Fiscal Year 2024

August 16, 2023 at 06:26 pm EDT

Goodman Group provides distribution guidance for the fiscal year 2024. The forecast distribution for fiscal year 2024 remains at 30.0 cents per security given the Group's activity levels and the current desire to remain in the lower half of financial risk management policy range for gearing.

Latest news about Goodman Group

Barrenjoey Markets Downgrades Goodman Group to Neutral From Overweight; Price Target is AU$30	Apr. 22	MT
Goodman Group Announces Retirement of Phillip Pryke as Independent Non-Executive Director	Apr. 10	CI
Banks, real estate pull Australian shares down over 1% as US rate cut bets ease	Apr. 03	RE
BorgWarner, Goodman Group, Windrose EV Trucks Collaborate on Fast-Watt Chargers	Mar. 26	CI
Miners, healthcare firms push Australia stocks higher	Mar. 25	RE
Australia shares inch up as miners, banks offset losses in real estate stocks	Mar. 18	RE
Morgan Stanley Sees Further Asset Declines for Australian REITs in H1 2024	Mar. 05	MT
Goodman Property Trust's Unitholders to Vote on Internalization Proposal in March	Feb. 26	MT
Goodman Group Finishes 7% Higher on Expectations of Faster Growth in Operating EPS in FY24	Feb. 15	MT
Goodman Group Revises Earnings Guidance for the Fiscal Year 2024	Feb. 14	CI
Goodman's Shares Hit 15-Year High as Analysts Expect Upgraded Profit Guidance to Be Beaten	Feb. 14	DJ
Goodman Group Posts Rise in Operating Profit, Revenue for Fiscal Half Year FY24	Feb. 14	MT
Transcript : Goodman Group, H1 2024 Earnings Call, Feb 15, 2024	Feb. 14
Goodman Upgrades Earnings Guidance, Data Centers Power Growth Ambitions -- Update	Feb. 14	DJ
Goodman Upgrades Annual Earnings Guidance After 1st Half Operating Profit Jumps 29%	Feb. 14	DJ
Goodman Group Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 14	CI
IT, Real Estate Rally Drives Rebound in Australian Shares	Feb. 02	MT
Goodman Group Expands and Advances Its Data Centre Capacity in Asia	Jan. 23	CI
Goodman Group has agreed to acquire 50% stake in M7 Hub from Brickworks Limited for AUD 117 million.	Dec. 21	CI
Goodman Group Announces Distribution for the Six Month Period Ended December 31, 2023, Payable on February 23, 2024	Dec. 14	CI
Mash Group Joins the Fast-Growing Logistics Hub Goodman Joso	Nov. 19	CI
Transcript : Goodman Group - Shareholder/Analyst Call	Nov. 13
Windrose Technology Partners with Goodman Group to Develop EV Fast-Charging Infrastructure for Heavy-Duty Trucks at Goodman Properties	23-10-16	CI
Goodman Group's Profit Declines 54% in FY23; Shares Jump 5%	23-08-17	MT
Transcript : Goodman Group, 2023 Earnings Call, Aug 17, 2023	23-08-16

Chart Goodman Group

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Company Profile

Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America, and Brazil. The Company owns, develops, and manages properties. The principal activities of the Company are investment in directly and indirectly held industrial property, investment management, property management services and development management. Its segments include Asia (Greater China (including the Hong Kong SAR) and Japan), Continental Europe and the United Kingdom. The activities and services undertaken by the segments include property investment, comprising its investments in partnerships; management activities, both fund and property management; and development activities, including development of directly owned assets and management of development activities for partnerships. The Company consists of stapled entities, including Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited.

Sector

Commercial REITs

Calendar

2024-05-07 - Q3 2024 Sales and Revenue Release - Operational Update

Related indices

S&P/ASX 200

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Ratings for Goodman Group

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

30.81 AUD

Average target price

29.88 AUD

Spread / Average Target

-3.03%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Industrial REITs

Goodman Group

Equities

GMG

AU000000GMG2

Commercial REITs

Goodman Group Provides Distribution Guidance for the Fiscal Year 2024

EPS Revisions