Shares in Abacus Property (ASX:ABP) are currently trading at 2.81 but a key question for investors is how the economic uncertainty caused by Coronavirus will affect the price. One way of making that assessment is to examine where its s...
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Latest News & Insights for ABP
Abacus Property Group is an Australia-based diversified real estate investment trust (REIT) with an investment portfolio concentrated in the commercial property and self-storage sectors. The Company invests capital in real estate opportunities to deliver long-term returns and maximize security holder value. The Company’s segments include Property Investment and Property Development. The Property Investments segment is responsible for the investment in and ownership of self-storage and commercial (office and retail) properties and also includes the equity accounting of co-investments in property entities not engaged in development projects. The Property Development segment provides secured lending and is also responsible for the Company’s investment in joint venture development projects. Its core business is focused on investment management, asset management, and customer and brand management.
- Australia Square, L 34 264-278 George St, SYDNEY, 2000
- +61 292538600
- Ernst & Young
Upcoming Events for ABP
Full Year 2022 Abacus Property Group Earnings Release
Abacus Property Group Annual Shareholders Meeting
As of Today at 13:00 UTC, shares in Abacus Property are trading at AU$2.90. This share price information is delayed by 15 minutes.
Shares in Abacus Property last closed at AU$2.90 and the price had moved by -3.19% over the past 365 days. In terms of relative price strength the Abacus Property share price has underperformed the ASX All Ordinaries Index by -3.51% over the past year.
The overall consensus recommendation for Abacus Property is Hold. You can view the full broker recommendation list by unlocking its StockReport.
The Abacus Property dividend yield is 5.95% based on the trailing twelve month period.
Last year, Abacus Property paid a total dividend of AU$0.17, and it currently has a trailing dividend yield of 5.95%. We do not have any data on when Abacus Property is to next pay dividends.
We do not have data on when Abacus Property is to next pay dividends. The historic dividend yield on Abacus Property shares is currently 5.95%.
To buy shares in Abacus Property you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of AU$2.90, shares in Abacus Property had a market capitalisation of AU$2.41bn.
Here are the trading details for Abacus Property:
- Country of listing: Australia
- Exchange: ASX
- Ticker Symbol: ABP
Based on an overall assessment of its quality, value and momentum Abacus Property is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Abacus Property is AU$3.73. That is 28.62% above the last closing price of AU$2.90.
Analysts covering Abacus Property currently have a consensus Earnings Per Share (EPS) forecast of for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Abacus Property. Over the past six months, its share price has underperformed the ASX All Ordinaries Index by -16.97%.
As of the last closing price of AU$2.90, shares in Abacus Property were trading -16.41% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Abacus Property PE ratio based on its reported earnings over the past 12 months is null. The shares last closed at AU$2.90.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Abacus Property's management team is headed by:
- Myra Salkinder - NEC
- Robert Baulderstone - CFO
- Steven Sewell - MDR
- Rebecca Pierro - SEC
- Mark Haberlin - LED
- Trent Alston - NID
- Mark Bloom - NID
- Holly Kramer - NID
- Jingmin Qian - NID