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SPG - Stride Property Share Price

NZD2.21 0.0  0.0%

Last Trade - 4:00am

Sector
Financials
Size
Mid Cap
Market Cap £419.3m
Enterprise Value £535.1m
Revenue £35.1m
Position in Universe 331st / 1847
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -6.79%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -7.92%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
60.7 66.2 64.6 65.3 76.7 76.8 64.1 77.2 +4.8%
+47.7 +20.2 -46.6 +71.5 -18.3 -64.4 +43.0 +5.66
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 September 2020, StrideProperty Ltd revenues decreased 25% to NZ$27.8M. Net incomebefore extraordinary items increased 38% to NZ$51.6M.Revenues reflect Stride segment decrease of 22% toNZ$21.2M. Net income reflects Share of profit inequity-accounted inve increase from NZ$2.1M to NZ$22.3M(income), Management fee income increase of 43% to NZ$13.1M(income).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Stride Property Limited, formerly DNZ Property Fund Limited, is a New Zealand-based company, which is principally involved in the ownership and management of investment properties in New Zealand. The Company holds interests in approximately 60 properties with over 420 tenants. The Company's properties have a net lettable area of approximately 432,340 square meters. The Company's properties include office, industrial, retail, large format retail and land. Its properties are located in Auckland, Wellington, Rotorua, Morrinsville, Upper Hutt, Lower Hutt, Blenheim, Kaiapoi, Christchurch, Queenstown and Invercargill. The Company's development projects include NorthWest Shopping Centre, which is located at the Westgate Town Centre in North West Auckland; NorthWest Two, and Johnsonville Shopping Centre. NorthWest Shopping Centre is a stage of a development at the Westgate Town Centre, with approximately 40,000 square meters of retail, office and commercial facilities under construction.

Directors
Last Annual March 31st, 2020
Last Interim September 30th, 2020
Incorporated May 30, 2003
Public Since August 16, 2010
No. of Shareholders: n/a
No. of Employees: 14
Sector Financials
Industry Residential & Commercial REITs
Index
Exchange New Zealand Stock Exchange
Shares in Issue 365,352,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
SPG Share Price Performance
Share Price
Bid - Ask
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Latest News for SPG
Upcoming Events for SPG
Frequently Asked Questions for Stride Property
What is the Stride Property share price?

As of 4:00am, shares in Stride Property are trading at NZD2.21, giving the company a market capitalisation of £419.3m. This share price information is delayed by 15 minutes.

How has the Stride Property share price performed this year?

Shares in Stride Property are currently trading at NZD2.21 and the price has moved by -0.45% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Stride Property price has moved by -9.01% over the past year.

What are the analyst and broker recommendations for Stride Property?

Of the analysts with advisory recommendations for Stride Property, there are there are currently 0 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Stride Property is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Stride Property next release its financial results?

Stride Property is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-09-30
What is the Stride Property dividend yield?

The Stride Property dividend yield is 3.36% based on the trailing twelve month period.

Does Stride Property pay a dividend?

Last year, Stride Property paid a total dividend of 0.07, and it currently has a trailing dividend yield of 3.36%. Looking ahead, shares in Stride Property are due to go ex-dividend on 2021-03-09 and the next dividend pay date is 2021-03-17.

When does Stride Property next pay dividends?

Stride Property are due to go ex-dividend on 2021-03-09 and the next dividend pay date is 2021-03-17. The historic dividend yield on Stride Property shares is currently 3.36%.

How do I buy Stride Property shares?

To buy shares in Stride 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.

What is the market cap of Stride Property?

Shares in Stride Property are currently trading at NZD2.21, giving the company a market capitalisation of £419.3m.

Where are Stride Property shares listed? Where are Stride Property shares listed?

Here are the trading details for Stride Property:

Country of listing: New Zealand
Exchange: NZC
Ticker Symbol: SPG
What kind of share is Stride Property?

Based on an overall assessment of its quality, value and momentum, Stride 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.

Is there a Stride Property share price forecast 2021?

Shares in Stride Property are currently priced at NZD2.21. At that level they are trading at 9.32% discount to the analyst consensus target price of 0.00.

Analysts covering Stride Property currently have a consensus Earnings Per Share (EPS) forecast of 0.106 for the next financial year.

How can I tell whether the Stride Property share price will go up?

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 Stride Property. Over the past six months, the relative strength of its shares against the market has been -5.6%. At the current price of NZD2.21, shares in Stride Property are trading at 6.1% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Stride Property PE Ratio?

The Stride Property PE ratio based on its reported earnings over the past 12 months is 19.83. The shares are currently trading at NZD2.21.

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.

Who are the key directors of Stride Property?

Stride Property's management team is headed by:

Timothy Ian Mackenzie Storey - NEC
Edward Harvey - NID
Jennifer Whooley - CFO
Roy Stansfield - GMG
Andrew Hay - GMG
Philip Littlewood - CEO
Philip Ling - NID
Mark Luker - GMG
Louise Hill - GMG
Jacqueline Robertson - NID
Nick Jacobson - NID
Fabio Pagano - OTH
Adam Lilley - GMG
Who are the major shareholders of Stride Property?

Here are the top five shareholders of Stride Property based on the size of their shareholding:

ANZ New Zealand Investments Limited Investment Advisor
Percentage owned: 9.5% (44.9m shares)
Accident Compensation Corporation Insurance Company
Percentage owned: 8.74% (41.3m shares)
Fidelity International Real Estate Fund Mutual Fund
Percentage owned: 0.74% (3.49m shares)
FMR Investment Management (U.K.) Limited Investment Advisor
Percentage owned: 0.74% (3.49m shares)
Dimensional Fund Advisors, L.P. Investment Advisor/Hedge Fund
Percentage owned: 0.49% (2.33m shares)
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