Kiwi Property Group (KPG) Stock Overview
Kiwi Property Group limited is one of the largest listed property companies on the New Zealand Stock Exchange and is a member of the S&P/NZX 20 Index. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
KPG Community Fair Values
Create NarrativeSee what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Kiwi Property Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NZ$0.93 |
| 52 Week High | NZ$1.15 |
| 52 Week Low | NZ$0.87 |
| Beta | 0.60 |
| 1 Month Change | 1.65% |
| 3 Month Change | -3.14% |
| 1 Year Change | 3.93% |
| 3 Year Change | 1.65% |
| 5 Year Change | -20.94% |
| Change since IPO | -20.26% |
Recent News & Updates
Narrative Update • Jun 10
KPG: Incoming CFO Appointment Will Support Future Repricing Potential
Analysts have maintained their NZ$1.08 fair value estimate for Kiwi Property Group, making only minor adjustments to the discount rate and the assumed future P/E. This suggests their overall view of the stock's long-term valuation drivers remains largely unchanged.Narrative Update • May 26
KPG: Incoming CFO Appointment Will Support Repricing Potential Over Time
Analysts have trimmed their fair value estimate for Kiwi Property Group from NZ$1.12 to NZ$1.08, citing updated expectations for revenue contraction, profit margins, and future P/E multiples, while keeping the discount rate broadly similar. What's in the News Kiwi Property Group appointed Sarah Theodore as incoming Chief Financial Officer, with over 20 years of experience across banking, infrastructure, property and retirement living in New Zealand and Australia (Key Developments).Recent updates
Narrative Update • Jun 10
KPG: Incoming CFO Appointment Will Support Future Repricing Potential
Analysts have maintained their NZ$1.08 fair value estimate for Kiwi Property Group, making only minor adjustments to the discount rate and the assumed future P/E. This suggests their overall view of the stock's long-term valuation drivers remains largely unchanged.Narrative Update • May 26
KPG: Incoming CFO Appointment Will Support Repricing Potential Over Time
Analysts have trimmed their fair value estimate for Kiwi Property Group from NZ$1.12 to NZ$1.08, citing updated expectations for revenue contraction, profit margins, and future P/E multiples, while keeping the discount rate broadly similar. What's in the News Kiwi Property Group appointed Sarah Theodore as incoming Chief Financial Officer, with over 20 years of experience across banking, infrastructure, property and retirement living in New Zealand and Australia (Key Developments).Narrative Update • May 12
KPG: Stable NZ$1.12 Fair Value And Incoming CFO Will Support Repricing
Analysts have kept their NZ$1.12 price target on Kiwi Property Group unchanged, citing only very small adjustments in discount rate, revenue trajectory, profit margin and forward P/E assumptions that do not materially alter their overall view of the stock. What's in the News Kiwi Property Group appointed Sarah Theodore as Chief Financial Officer, bringing over 20 years of experience across banking, infrastructure, property and retirement living in New Zealand and Australia (Key Developments).Narrative Update • Apr 24
KPG: Stable NZ$1.12 Fair Value And New CFO Will Support Repricing
Analysts have maintained their NZ$1.12 price target for Kiwi Property Group, citing only minor tweaks to discount rate, revenue and margin assumptions that leave their overall valuation view essentially unchanged. What's in the News Kiwi Property Group appointed Sarah Theodore as Chief Financial Officer, bringing over 20 years of experience across banking, infrastructure, property and retirement living in New Zealand and Australia (Key Developments).Narrative Update • Apr 06
KPG: Stable NZ$1.12 Fair Value Will Support Future Share Repricing
Analysts have kept their NZ$1.12 fair value estimate for Kiwi Property Group broadly unchanged, making only slight tweaks to inputs such as the discount rate and future P/E assumptions to support this stable price target view. Valuation Changes Fair Value: The NZ$1.12 fair value estimate is unchanged, reflecting a consistent central valuation point.Narrative Update • Mar 23
KPG: Unchanged NZ$1.12 Fair Value Will Support Future Share Repricing
Analysts have kept their NZ$1.12 price target for Kiwi Property Group unchanged, as small tweaks to the discount rate, revenue assumptions and future P/E estimates were not enough to shift their overall valuation view. Valuation Changes Fair Value: The NZ$1.12 fair value estimate is unchanged, indicating no shift in the headline valuation figure.Narrative Update • Mar 08
KPG: CFO Transition Stability Will Support Future Share Repricing Potential
Analysts have kept their NZ$1.12 price target for Kiwi Property Group unchanged. This reflects broadly consistent views on fair value even as they fine tune inputs such as the discount rate and forward P/E assumptions.Narrative Update • Feb 22
KPG: Dividend Stability And Lower Risk Will Support Future Share Repricing
Analysts have maintained their Kiwi Property Group fair value estimate at NZ$1.12 per share, with only minor model tweaks to the discount rate, revenue growth and future P/E assumptions. The headline price target therefore remains unchanged, while reflecting slightly updated views on risk and long term profitability.Narrative Update • Feb 07
KPG: Dividend Outlook Will Support A More Positive Future Share Repricing
Analysts now place Kiwi Property Group's price target at $1.12, up from $1.115, reflecting updated assumptions around a higher discount rate, softer revenue growth, slightly stronger profit margins, and a modestly higher future P/E multiple. What's in the News Chief Financial Officer Steve Penney has resigned from Kiwi Property Group's executive team and is expected to remain with the company until early 2026.Narrative Update • Jan 24
KPG: Dividend, Drury Development And CFO Transition Will Support A Stable Outlook
Analysts have maintained their fair value estimate for Kiwi Property Group at $1.12, making only minor adjustments to inputs such as the discount rate and assumed future P/E. This reflects a view that recent data supports their existing valuation framework rather than indicating a change in the direction of the price target.Narrative Update • Jan 08
KPG: Dividend, Drury Progress And CFO Transition Will Underpin A Steady Outlook
Analysts have maintained their price target for Kiwi Property Group at $1.12, with only minor adjustments to inputs such as the discount rate and future P/E to reflect updated assumptions rather than a change in overall view. What's in the News Kiwi Property confirmed the resignation of Chief Financial Officer Steve Penney, who will remain with the company until early 2026, with a further update on the role expected in the coming months (Key Developments).Narrative Update • Dec 24
KPG: Dividend And Drury Approvals Will Support A Stable Outlook
Analysts have raised their price target on Kiwi Property Group by NZ$0.00 to reflect a modestly higher discount rate and a slightly richer future earnings multiple, while maintaining their fair value estimate as nearly unchanged. What's in the News Announced an interim dividend of $0.014 per share for the six months to 30 September 2025, with a record date of 5 December 2025 and payment on 19 December 2025 (company announcement) Received fast track approval for Stage 1 and Stage 2 of the Drury Metropolitan Town Centre project, one of New Zealand's largest planned mixed use developments (company announcement) Approval allows subdivision of Stage 1 land into separate titles to support development and potential asset sales, expanding capital recycling options (company announcement) Consent for Stage 2 enables earthworks, construction of retail, office, residential, and community spaces, plus supporting roads, car parks, and infrastructure in South Auckland (company announcement) Stage 1 earthworks are complete and civil works are underway, indicating tangible progress on the Drury project timeline (company announcement) Valuation Changes The fair value estimate remains unchanged at NZ$1.12 per share, indicating no material shift in the underlying valuation outcome.Narrative Update • Dec 10
KPG: Dividend And Drury Progress Will Support Steady Outlook Ahead
Analysts have nudged their price target for Kiwi Property Group slightly lower to approximately $1.12 per share from about $1.12 previously, reflecting more cautious assumptions around near term revenue growth and profit margins, while the discount rate remains broadly unchanged and the future earnings multiple is marginally higher. What's in the News Announced an interim dividend of $0.014 per share for the six months to 30 September 2025, with a record date of 5 December 2025, ex-date of 4 December 2025, and payment on 19 December 2025 (Key Developments).Narrative Update • Nov 25
KPG: Future Dividend Outlook And Drury Project Progress Will Support Steady Course
Analysts have raised their price target for Kiwi Property Group from $1.05 to $1.12 per share, citing stronger profit margin expectations and a marginally lower discount rate, even though a forecast decline in revenue growth is anticipated. What's in the News An interim dividend of $0.014 per share has been announced for the six months to 30 September 2025.Narrative Update • Nov 11
KPG: Financial Outlook Will Hold Steady With Risks And Opportunities Balanced
Narrative Update on Kiwi Property Group Analysts have maintained their price target for Kiwi Property Group at $1.05, citing steady expectations for the company's financial outlook despite only minor shifts in key underlying metrics. Valuation Changes Fair Value remains unchanged at NZ$1.05 per share.Narrative Update • Oct 28
Drury's Development Progress And Mackersy Investment Will Expand Future Opportunities
Analysts have maintained their price target for Kiwi Property Group at $1.05, citing minimal changes in key valuation inputs and reaffirming the company's stable outlook. Valuation Changes Fair Value Estimate remains unchanged at NZ$1.05 per share.Narrative Update • Oct 14
Drury's Development Progress And Mackersy Investment Will Expand Future Opportunities
Analysts have raised their price target for Kiwi Property Group by $0.05 to $1.05, citing improved profit margin forecasts and a slightly decreased discount rate as the rationale for a modest valuation upgrade. Valuation Changes Fair Value has risen slightly from NZ$1.00 to NZ$1.05 per share.
New Narrative • Feb 06
Drury's Development Progress And Mackersy Investment Will Expand Future Opportunities
Investment in Mackersy Property and Drury development progress can enhance capital access and revenue growth opportunities.Analysis Article • Feb 21
Kiwi Property Group (NZSE:KPG) Share Prices Have Dropped 22% In The Last Year
Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. When you...Analysis Article • Jan 15
Should You Review Recent Insider Transactions At Kiwi Property Group Limited (NZSE:KPG)?
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...Shareholder Returns
| KPG | NZ Retail REITs | NZ Market | |
|---|---|---|---|
| 7D | 0.5% | 4.0% | 1.5% |
| 1Y | 3.9% | 3.4% | 4.8% |
Return vs Industry: KPG matched the NZ Retail REITs industry which returned 3.4% over the past year.
Return vs Market: KPG matched the NZ Market which returned 4.8% over the past year.
Price Volatility
| KPG volatility | |
|---|---|
| KPG Average Weekly Movement | 3.8% |
| Retail REITs Industry Average Movement | 2.7% |
| Market Average Movement | 4.0% |
| 10% most volatile stocks in NZ Market | 8.2% |
| 10% least volatile stocks in NZ Market | 2.9% |
Stable Share Price: KPG has not had significant price volatility in the past 3 months compared to the NZ market.
Volatility Over Time: KPG's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | 147 | Clive Mackenzie | www.kp.co.nz |
Kiwi Property Group limited is one of the largest listed property companies on the New Zealand Stock Exchange and is a member of the S&P/NZX 20 Index. We have been around for over 30 years and proudly own and manage a significant real estate portfolio comprising some of New Zealand’s best mixed-use, retail and office buildings. Our objective is to provide investors with a reliable investment in New Zealand property through the ownership and active management of a diversified, high-quality portfolio.
Kiwi Property Group Limited Fundamentals Summary
| KPG fundamental statistics | |
|---|---|
| Market cap | NZ$1.53b |
| Earnings (TTM) | NZ$50.45m |
| Revenue (TTM) | NZ$271.38m |
30.2x
P/E Ratio5.6x
P/S RatioIs KPG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KPG income statement (TTM) | |
|---|---|
| Revenue | NZ$271.38m |
| Cost of Revenue | NZ$78.07m |
| Gross Profit | NZ$193.31m |
| Other Expenses | NZ$142.86m |
| Earnings | NZ$50.45m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.031 |
| Gross Margin | 71.23% |
| Net Profit Margin | 18.59% |
| Debt/Equity Ratio | 66.3% |
How did KPG perform over the long term?
See historical performance and comparisonDividends
6.1%
Current Dividend Yield65%
Payout RatioDoes KPG pay a reliable dividends?
See KPG dividend history and benchmarks| Kiwi Property Group dividend dates | |
|---|---|
| Ex Dividend Date | Jun 10 2026 |
| Dividend Pay Date | Jun 19 2026 |
| Days until Ex dividend | 7 days |
| Days until Dividend pay date | 2 days |
Does KPG pay a reliable dividends?
See KPG dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/17 07:04 |
| End of Day Share Price | 2026/06/17 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Kiwi Property Group Limited is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joshua Dale | Deutsche Bank |
| Rohan Koreman-Smit | Forsyth Barr Group Ltd. |
| Arie Dekker | Jarden Limited |