Declared Dividend • Feb 21
First half dividend of AU$0.065 announced Shareholders will receive a dividend of AU$0.065. Ex-date: 11th March 2026 Payment date: 26th March 2026 Dividend yield will be 5.3%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 20
First half 2026 earnings released: EPS: AU$0.11 (vs AU$0.054 in 1H 2025) First half 2026 results: EPS: AU$0.11 (up from AU$0.054 in 1H 2025). Revenue: AU$222.9m (up 28% from 1H 2025). Net income: AU$50.9m (up 102% from 1H 2025). Profit margin: 23% (up from 14% in 1H 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Feb 04
Peet Limited to Report First Half, 2026 Results on Feb 19, 2026 Peet Limited announced that they will report first half, 2026 results on Feb 19, 2026 Recent Insider Transactions • Oct 14
Non-Executive Director recently sold AU$56m worth of stock On the 9th of October, Anthony Lennon sold around 30m shares on-market at roughly AU$1.87 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Annuncio • Sep 25
Peet Limited, Annual General Meeting, Nov 27, 2025 Peet Limited, Annual General Meeting, Nov 27, 2025. Location: at the parmelia hilton, perth hotel, Australia Declared Dividend • Aug 23
Final dividend of AU$0.05 announced Shareholders will receive a dividend of AU$0.05. Ex-date: 5th September 2025 Payment date: 19th September 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Aug 22
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Margaret Kennedy is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 22
Full year 2025 earnings released: EPS: AU$0.13 (vs AU$0.078 in FY 2024) Full year 2025 results: EPS: AU$0.13 (up from AU$0.078 in FY 2024). Revenue: AU$414.8m (up 42% from FY 2024). Net income: AU$58.5m (up 60% from FY 2024). Profit margin: 14% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Annuncio • Aug 14
Peet Limited to Report Fiscal Year 2025 Results on Aug 21, 2025 Peet Limited announced that they will report fiscal year 2025 results on Aug 21, 2025 Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to AU$1.65, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 12x in the Real Estate industry in Australia. Total returns to shareholders of 84% over the past three years. Upcoming Dividend • Mar 12
Upcoming dividend of AU$0.028 per share Eligible shareholders must have bought the stock before 19 March 2025. Payment date: 11 April 2025. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Australian dividend payers (6.4%). Lower than average of industry peers (3.5%). Reported Earnings • Feb 24
First half 2025 earnings released: EPS: AU$0.054 (vs AU$0.033 in 1H 2024) First half 2025 results: EPS: AU$0.054 (up from AU$0.033 in 1H 2024). Revenue: AU$174.2m (up 18% from 1H 2024). Net income: AU$25.2m (up 63% from 1H 2024). Profit margin: 14% (up from 11% in 1H 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Declared Dividend • Feb 22
First half dividend of AU$0.028 announced Shareholders will receive a dividend of AU$0.028. Ex-date: 19th March 2025 Payment date: 11th April 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but not covered by cash flows (dividend approximately 10x free cash flows). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Feb 10
Peet Limited to Report First Half, 2025 Results on Feb 20, 2025 Peet Limited announced that they will report first half, 2025 results on Feb 20, 2025 Annuncio • Sep 27
Peet Limited, Annual General Meeting, Oct 30, 2024 Peet Limited, Annual General Meeting, Oct 30, 2024. Location: at the parmelia hilton perth hotel, 14 mill street, perth wa Australia Declared Dividend • Aug 24
Final dividend of AU$0.028 announced Shareholders will receive a dividend of AU$0.028. Ex-date: 10th September 2024 Payment date: 14th October 2024 Dividend yield will be 3.3%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but not covered by cash flows (dividend approximately 11x free cash flows). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 43% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.4% EPS decline seen over the last 5 years. Annuncio • Aug 24
Peet Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended June 30, 2024, Payable on October 14, 2024 Peet Limited announced ordinary fully franked dividend of AUD 0.02750000 per security for the six months ended June 30, 2024. Record Date: September 11, 2024. Ex Date: September 10, 2024. Payment Date: October 14, 2024. Reported Earnings • Aug 22
Full year 2024 earnings released Full year 2024 results: Revenue: AU$314.4m (down 1.4% from FY 2023). Net income: AU$36.6m (down 48% from FY 2023). Profit margin: 12% (down from 22% in FY 2023). The decrease in margin was primarily driven by higher expenses. Annuncio • Aug 22
Peet Limited Announces Board Changes Further to the announcement in August 2023 by Peet Limited of Mr. Tony Lennon's intention to step down, following a period to arrange an orderly succession, The company announced that Mr. Lennon's retirement as Chairman and from the Board of the company will take effect at the conclusion of the 2024 Annual General Meeting (AGM). Mr. Anthony Lennon intends to remain on the Board as a Non-executive Director beyond Mr. Tony Lennon's retirement. The 2024 AGM of the Company will be held on 30 October 2024. Annuncio • Aug 14
Peet Limited to Report Fiscal Year 2024 Results on Aug 22, 2024 Peet Limited announced that they will report fiscal year 2024 results on Aug 22, 2024 Upcoming Dividend • Mar 14
Upcoming dividend of AU$0.015 per share Eligible shareholders must have bought the stock before 21 March 2024. Payment date: 12 April 2024. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Lower than top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (2.9%). Declared Dividend • Feb 24
First half dividend of AU$0.015 announced Shareholders will receive a dividend of AU$0.015. Ex-date: 21st March 2024 Payment date: 12th April 2024 Dividend yield will be 4.6%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but not adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 23% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Reported Earnings • Feb 23
First half 2024 earnings released: EPS: AU$0.033 (vs AU$0.074 in 1H 2023) First half 2024 results: EPS: AU$0.033 (down from AU$0.074 in 1H 2023). Revenue: AU$156.9m (down 5.8% from 1H 2023). Net income: AU$15.5m (down 56% from 1H 2023). Profit margin: 9.9% (down from 21% in 1H 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 20
Peet Limited to Report First Half, 2024 Results on Feb 22, 2024 Peet Limited announced that they will report first half, 2024 results on Feb 22, 2024 Recent Insider Transactions • Nov 30
MD, CEO & Director recently sold AU$1.3m worth of stock On the 29th of November, Brendan Gore sold around 1m shares on-market at roughly AU$1.30 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Brendan's only on-market trade for the last 12 months. Upcoming Dividend • Sep 01
Upcoming dividend of AU$0.04 per share at 6.1% yield Eligible shareholders must have bought the stock before 08 September 2023. Payment date: 16 October 2023. Payout ratio is a comfortable 51% and the cash payout ratio is 98%. Trailing yield: 6.1%. Lower than top quartile of Australian dividend payers (7.0%). Higher than average of industry peers (4.6%). Annuncio • Aug 26
Peet Limited, Annual General Meeting, Oct 25, 2023 Peet Limited, Annual General Meeting, Oct 25, 2023, at 10:00 W. Australia Standard Time. Location: Parmelia Hilton Perth Hotel Perth Australia Reported Earnings • Aug 24
Full year 2023 earnings released Full year 2023 results: Revenue: AU$363.7m (up 36% from FY 2022). Net income: AU$70.1m (up 34% from FY 2022). Profit margin: 19% (in line with FY 2022). Annuncio • Aug 18
Peet Limited to Report Fiscal Year 2023 Results on Aug 24, 2023 Peet Limited announced that they will report fiscal year 2023 results on Aug 24, 2023 Upcoming Dividend • Mar 16
Upcoming dividend of AU$0.035 per share at 5.4% yield Eligible shareholders must have bought the stock before 23 March 2023. Payment date: 13 April 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of Australian dividend payers (7.1%). Higher than average of industry peers (3.5%). Reported Earnings • Feb 24
First half 2023 earnings released: EPS: AU$0.074 (vs AU$0.043 in 1H 2022) First half 2023 results: EPS: AU$0.074 (up from AU$0.043 in 1H 2022). Revenue: AU$166.5m (up 43% from 1H 2022). Net income: AU$35.1m (up 70% from 1H 2022). Profit margin: 21% (up from 18% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annuncio • Feb 20
Peet Limited to Report First Half, 2023 Results on Feb 23, 2023 Peet Limited announced that they will report first half, 2023 results on Feb 23, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Lead Independent Non-Executive Director Bob McKinnon was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 07
Peet Limited Appoints Tony Gallagher as Chief Operating Officer Peet Limited announced the appointment of Mr. Tony Gallagher to the new position of Chief Operating Officer, effective immediately. Mr. Gallagher joined Peet in 2013 and since that time has played a key role in both the development of Peet's strategy and the achievement of its operating performance. He was most recently the Regional General Manager of the Company's east coast business and will continue to be based in Melbourne and reporting directly to Peet's Managing Director and CEO, Mr. Brendan Gore. Mr. Gallagher has more than 25 years' experience in property, construction and development delivering a number of highly successful projects across Australia's east coast. Mr. Gallagher has a Bachelor Business (Property) from RMIT in Melbourne and a Graduate Diploma in Applied Finance and Investment. Peet operates in every mainland state of Australia and continues to be well placed for long-term growth. Upcoming Dividend • Sep 09
Upcoming dividend of AU$0.04 per share Eligible shareholders must have bought the stock before 16 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Australian dividend payers (6.5%). Higher than average of industry peers (2.7%). Annuncio • Aug 30
Peet Limited, Annual General Meeting, Oct 26, 2022 Peet Limited, Annual General Meeting, Oct 26, 2022, at 10:00 W. Australia Standard Time. Location: InterContinental Perth City Centre Hotel Perth City Australia Reported Earnings • Aug 26
Full year 2022 earnings released: EPS: AU$0.11 (vs AU$0.059 in FY 2021) Full year 2022 results: EPS: AU$0.11 (up from AU$0.059 in FY 2021). Revenue: AU$266.6m (up 21% from FY 2021). Net income: AU$52.3m (up 84% from FY 2021). Profit margin: 20% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annuncio • Aug 25
Peet Limited Declares Dividend for the Six Months Ended June 30, 2022, Payable on Oct. 14, 2022 Peet Limited declares dividend of AUD 0.04000000 for the six months ended June 30, 2022, payable on Oct. 14, 2022. Ex Date is Sep. 16, 2022 and record date Sep. 19, 2022. Annuncio • Jul 28
Peet Limited Provides Earnings Guidance for the Year Ended June 30, 2022 Peet Limited provided earnings guidance for the year ended June 30, 2022. The company announced that it expects its operating profit after tax for the year ended 30 June 2022 to be $52.3 million, subject to the completion of the fiscal 2022 audit. This is in line with the top end of the guidance range ($48 million to $52 million) announced in May 2022. Peet's expected profit performance for fiscal 2022 equates to earnings per share of 10.8 cents per share and subject to the completion of the fiscal 2022 audit and Board approval, the final dividend is expected to be 4 cents per share, fully franked. This will bring the total fiscal 2022 dividend to 6.25 cents per share, fully franked. Recent Insider Transactions • Jun 03
Independent Non-Executive Director recently bought AU$52k worth of stock On the 1st of June, Trevor Allen bought around 50k shares on-market at roughly AU$1.05 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Lead Independent Non-Executive Director Bob McKinnon was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 17
Upcoming dividend of AU$0.022 per share Eligible shareholders must have bought the stock before 24 March 2022. Payment date: 14 April 2022. Payout ratio is a comfortable 59% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Lower than top quartile of Australian dividend payers (5.8%). Higher than average of industry peers (2.2%). Reported Earnings • Feb 27
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.043 (up from AU$0.021 in 1H 2021). Revenue: AU$116.2m (up 23% from 1H 2021). Net income: AU$20.6m (up 103% from 1H 2021). Profit margin: 18% (up from 11% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Annuncio • Feb 25
Peet Limited Announces Ordinary Dividend for the Period of Six Months Ended 31 December 2021, Payable 14 April 2022 The Directors of Peet Limited announced Ordinary dividend of AUD 0.02250000 for the period of six months ended 31 December 2021. Record Date: 25 March 2022. Ex Date: 24 March 2022. Payment Date: 14 April 2022. Annuncio • Jan 01
Peet Limited (ASX:PPC) agreed to acquire 50% stake in Flagstone City project in Queensland from Spirit Super for AUD 67.2 million. Peet Limited (ASX:PPC) agreed to acquire 50% stake in Flagstone City project in Queensland from Spirit Super for AUD 67.2 million on December 31, 2021. Under the terms of agreement, Peet has agreed to acquire Spirit Super’s share in the project for AUD 46.15 million purchase price to be paid in four instalments over three years commencing on the settlement date. In addition to this payment, Peet will assume an additional AUD 21 million of debt, representing Spirit Super’s share of the project’s development loan. This acquisition will give Peet 100% ownership of the more than 10,500 remaining lots with a GDV of circa AUD 3.4 billion in Flagstone, in Brisbane’s south east growth corridor. The acquisition is being funded from existing cash and debt facilities. The transaction is expected to close on January 19, 2022. This additional investment is therefore expected to be earnings accretive from settlement The Group’s liquidity is expected to remain strong with cash and available debt facilities forecast to average approximately AUD 93 million over the next 18 months and The Group’s interest cover ratio is expected to be a strong 4 to 8 times during this period. Reported Earnings • Aug 27
Full year 2021 earnings released: EPS AU$0.059 (vs AU$0.062 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$220.3m (up 17% from FY 2020). Net income: AU$28.5m (up AU$58.6m from FY 2020). Profit margin: 13% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Annuncio • Jul 23
Peet Limited Provides Earnings Guidance for the Year Ended 30 June 2021 Peet Limited provided earnings guidance for the year ended 30 June 2021. For the year, the company expects its operating profit and statutory profit for the year ended 30 June 2021 ("FY21") to fall in the range of $27.5 million to $29.0 million and remains subject to audit. Peet's expected fiscal year 2021 earnings represents a strong performance and compares favourably to the fiscal year 2020 operating profit1 of $15.1 million and fiscal year 2020 statutory loss of $30.1 million. Upcoming Dividend • Mar 11
Upcoming Dividend of AU$0.01 Per Share Will be paid on the 8th of April to those who are registered shareholders by the 18th of March. The trailing yield of 1.3% is below the top quartile of Australian dividend payers (5.4%), and is lower than industry peers (2.2%). Reported Earnings • Mar 02
First half 2021 earnings released: EPS AU$0.021 (vs AU$0.01 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$94.9m (up 8.2% from 1H 2020). Net income: AU$10.1m (up 101% from 1H 2020). Profit margin: 11% (up from 5.8% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 77% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 21
New 90-day high: AU$1.23 The company is up 23% from its price of AU$1.00 on 23 October 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.39 per share. Is New 90 Day High Low • Oct 06
New 90-day high: AU$1.27 The company is up 36% from its price of AU$0.93 on 08 July 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.35 per share. Price Target Changed • Sep 28
Price target lowered to AU$1.01 Down from AU$1.14, the current price target is an average from 2 analysts. The new target price is 15% below the current share price of AU$1.19. As of last close, the stock is up 3.5% over the past year.