SCENTRE GROUP (SCG)
Share Price Analysis and Chart

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SCG

SCG - SCENTRE GROUP

FNArena Sector : REITs
Year End: December
GICS Industry Group : Real Estate
Debt/EBITDA: N/A
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Scentre Group was formed in 2014 through the merger of Westfield Retail Trust and Westfield Group's Australian and New Zealand management business. The company owns, manages and develops Westfield shopping centres in Australia and New Zealand.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.39

24 Sep
2026

-0.050

OPEN

$3.41

-1.45%

HIGH

$3.43

12,208,083

LOW

$3.36

TARGET
$3.95 16.5% upside
OTHER COMPANIES IN THE SAME SECTOR
ABG . ARF . BWP . CDP . CDP . CHC . CIP . CLW . COF . CQE . CQR . DGT . DXC . DXI . DXS . FDC . GDF . GDI . HCW . HDN . PLG . REP . RFF . RGN . SKG . VCX . WOT . WPR .
FNARENA'S MARKET CONSENSUS FORECASTS
SCG: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 34.2 23.7 xxx
DPS (cps) xxx 17.7 18.5 xxx
EPS Growth xxx 68.9% - 30.6% xxx
DPS Growth xxx 3.0% 4.5% xxx
PE Ratio xxx N/A 14.3 xxx
Dividend Yield xxx N/A 5.5% xxx
Div Pay Ratio(%) xxx 51.9% 78.2% xxx

Dividend yield today if purchased 3 years ago: 7.12%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.24

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 13/08 - (franking ex-div 9.22c)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx34.2
DPS All xxxxxxxxxxxxxxx17.7
Sales/Revenue xxxxxxxxxxxxxxx2,685.0 M
Book Value Per Share xxxxxxxxxxxxxxx362.1
Net Operating Cash Flow xxxxxxxxxxxxxxx1,027.9 M
Net Profit Margin xxxxxxxxxxxxxxx66.24 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx9.64 %
Return on Invested Capital xxxxxxxxxxxxxxx5.59 %
Return on Assets xxxxxxxxxxxxxxx4.96 %
Return on Equity xxxxxxxxxxxxxxx9.64 %
Return on Total Capital xxxxxxxxxxxxxxx5.26 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx160.3 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx2,594 M
Long Term Debt xxxxxxxxxxxxxxx12,434 M
Total Debt xxxxxxxxxxxxxxx15,029 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx529 M
Price To Book Value xxxxxxxxxxxxxxx1.16

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx17.8 M
Capex % of Sales xxxxxxxxxxxxxxx0.66 %
Cost of Goods Sold xxxxxxxxxxxxxxx772 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx97 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx30,890 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

09/09/2026

2

Accumulate

$3.90

15.04%

In light of the prospect for the RBA's cash rate to remain at 4.6% indefinitely, Ord Minnett has reviewed its property sector coverage.

There are two impacts, one from a further rise in interest rate costs which has scope to lower earnings forecasts and the negative impact on property values and thus target prices.

The broker flags an expected rise in cap rates by around 50bps over the next 12-months with the office sector most "vulnerable" where cap rates are forecast to expand by some 90bps.

The target price for Scentre Group is cut by -15c to $3.90. Accumulate rating retained.

FORECAST
Ord Minnett forecasts a full year FY26 dividend of 18.00 cents.
Ord Minnett forecasts a full year FY27 dividend of 19.00 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx xx xxxxxxx xxxx xxxxxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

27/08/2026

3

Downgrade to Neutral from Overweight

$4.05

19.47%

Jarden updates its rating for Scentre Group to Neutral from Overweight with its target price increased to $4.05 from $4.00 following a first-half financial result of 11.73c that printed broadly in line with consensus expectations, supported by lower debt costs.

Operational performance benefited from net property income being partly offset by lower interest expenses and tax, while FY26 funds from operations and distribution guidance improved by 0.25% to 4.25%.

Commentary suggests the residential pipeline continues expanding towards 26k dwellings, though delivery models and funding structures remain unclear.

The analyst highlights that supportive drivers including a lack of retail supply, medium-term residential potential, and capital-partnering asset options justify the rating upgrade following recent share price underperformance.
Access Extra Coverage Research History >

SCG STOCK CHART

FNArena News on SCG

1
Rudi’s View: Ampol, BlueScope, Evolution, Infratil, Ramelius & More

Sep 24 2026 - Rudi's View
2
A-REITs Facing More RBA Rate Pressure In FY27

Sep 18 2026 - Feature Stories
3
Rudi’s View: Australia Remains Outside The AI Party

Sep 09 2026 - Rudi's View
4
Weekly Ratings, Targets, Forecast Changes – 28-08-26

Aug 31 2026 - Weekly Reports
5
Next Week At A Glance – 31 Aug – 4 Sep 2026

Aug 28 2026 - Weekly Reports

Latest REITs News

1
Australian Listed Real Estate Tables – 22-09-2026

Sep 22 2026 - Weekly Reports
2
Treasure Chest: Abacus Group

Sep 22 2026 - Treasure Chest
3
A-REITs Facing More RBA Rate Pressure In FY27

Sep 18 2026 - Feature Stories
4
Australian Listed Real Estate Tables – 14-09-2026

Sep 14 2026 - Weekly Reports
5
Australian Listed Real Estate Tables – 07-09-2026

Sep 07 2026 - Weekly Reports
6
Australian Listed Real Estate Tables – 31-08-2026

Aug 31 2026 - Weekly Reports
7
Business As Usual For Charter Hall

Aug 26 2026 - Australia
8
Australian Listed Real Estate Tables – 24-08-2026

Aug 24 2026 - Weekly Reports
9
Australian Listed Real Estate Tables – 17-08-2026

Aug 17 2026 - Weekly Reports
10
Australian Listed Real Estate Tables – 10-08-2026

Aug 10 2026 - Weekly Reports