Challenger (ASX:CGF) - Stock Price, News & Analysis

CGF Stock Overview

A publicly owned investment manager.

CGF fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	1/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 20.7% below our estimate of its fair value

Earnings are forecast to grow 21.17% per year

Risk Analysis

Large one-off items impacting financial results

Profit margins (4.1%) are lower than last year (7%)

Dividend of 3.77% is not well covered by earnings

Challenger Limited Competitors

AMP

ASX:AMP

AU$3.3b

Washington H. Soul Pattinson

ASX:SOL

AU$12.4b

Argo Investments

ASX:ARG

AU$6.7b

Netwealth Group

ASX:NWL

AU$5.6b

Price History & Performance

Summary of all time highs, changes and price drops for Challenger
Historical stock prices
Current Share Price	AU$7.17
52 Week High	AU$7.57
52 Week Low	AU$5.67
Beta	1
11 Month Change	4.52%
3 Month Change	8.31%
1 Year Change	6.38%
33 Year Change	8.31%
5 Year Change	6.86%
Change since IPO	181.18%

Challenger's (ASX:CGF) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 16

Challenger Limited (ASX:CGF) Not Flying Under The Radar

Aug 14

Recent updates

Challenger's (ASX:CGF) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 16

Challenger Limited (ASX:CGF) Not Flying Under The Radar

Aug 14

Challenger Limited's (ASX:CGF) Earnings Are Not Doing Enough For Some Investors

Dec 19

Challenger's (ASX:CGF) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 19

Challenger (ASX:CGF) Has Announced That It Will Be Increasing Its Dividend To A$0.115

Aug 19

Challenger Limited Just Missed Earnings - But Analysts Have Updated Their Models

Aug 18

Are Dividend Investors Getting More Than They Bargained For With Challenger Limited's (ASX:CGF) Dividend?

Mar 28

Insider Buying: The Challenger Limited (ASX:CGF) Independent Non-Executive Director Just Bought AU$67k Worth Of Shares

Mar 02

Challenger Limited (ASX:CGF) Insiders Increased Their Holdings

Feb 14

How Much Did Challenger's(ASX:CGF) Shareholders Earn From Share Price Movements Over The Last Three Years?

Jan 19

What Type Of Shareholders Make Up Challenger Limited's (ASX:CGF) Share Registry?

Dec 15

Shareholder Returns

	CGF	AU Diversified Financial	AU Market
7D	-3.0%	-0.6%	2.2%
1Y	6.4%	3.3%	11.1%

Return vs Industry: CGF exceeded the Australian Diversified Financial industry which returned 3.3% over the past year.

Return vs Market: CGF underperformed the Australian Market which returned 11.1% over the past year.

Price Volatility

Is CGF's price volatile compared to industry and market?
CGF volatility
CGF Average Weekly Movement	3.7%
Diversified Financial Industry Average Movement	7.2%
Market Average Movement	8.2%
10% most volatile stocks in AU Market	17.0%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: CGF has not had significant price volatility in the past 3 months.

Volatility Over Time: CGF's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	676	Nick Hamilton	www.challenger.com.au

Challenger Limited is a publicly owned investment manager. The company also provides retirement services to its clients. It manages equity mutual funds.

Challenger Limited Fundamentals Summary

How do Challenger's earnings and revenue compare to its market cap?
CGF fundamental statistics
Market cap	AU$4.90b
Earnings (TTM)	AU$134.50m
Revenue (TTM)	AU$3.28b

36.4x

P/E Ratio

1.5x

P/S Ratio

Is CGF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CGF income statement (TTM)
Revenue	AU$3.28b
Cost of Revenue	AU$895.00m
Gross Profit	AU$2.38b
Other Expenses	AU$2.25b
Earnings	AU$134.50m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 18, 2025

Earnings per share (EPS)	0.20
Gross Margin	72.68%
Net Profit Margin	4.11%
Debt/Equity Ratio	191.7%

How did CGF perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

135%

Payout Ratio

Does CGF pay a reliable dividends?

See CGF dividend history and benchmarks

When do you need to buy CGF by to receive an upcoming dividend?
Challenger dividend dates
Ex Dividend Date	Aug 26 2024
Dividend Pay Date	Sep 18 2024
Days until Ex dividend	2 days
Days until Dividend pay date	25 days

Does CGF pay a reliable dividends?

See CGF dividend history and benchmarks

CGF Stock Overview

Rewards

Risk Analysis

Challenger Limited Competitors

ASX:AMP

AU$3.3b

ASX:SOL

AU$12.4b

ASX:ARG

AU$6.7b

ASX:NWL

AU$5.6b

Price History & Performance

Recent News & Updates

Now 21% undervalued

Upcoming dividend of AU$0.14 per share

Challenger's (ASX:CGF) Shareholders Will Receive A Bigger Dividend Than Last Year

Challenger Limited (ASX:CGF) Not Flying Under The Radar

Full year 2024 earnings: EPS misses analyst expectations

Challenger Limited to Report First Half, 2025 Results on Feb 18, 2025

Recent updates

Now 21% undervalued

Upcoming dividend of AU$0.14 per share

Challenger's (ASX:CGF) Shareholders Will Receive A Bigger Dividend Than Last Year

Challenger Limited (ASX:CGF) Not Flying Under The Radar

Full year 2024 earnings: EPS misses analyst expectations

Challenger Limited to Report First Half, 2025 Results on Feb 18, 2025

Now 22% undervalued

Heartland Group Holdings Limited (NZSE:HGH) completed the acquisition of Challenger Bank Limited from Challenger Limited (ASX:CGF)

First half dividend increased to AU$0.13

First half 2024 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 17%, revenue upgraded

Challenger Limited Declares Interim Dividend for the Six Months Ended 31 December 2023, Payable on 19 March 2024

Challenger Limited's (ASX:CGF) Earnings Are Not Doing Enough For Some Investors

Challenger Limited Announces Quarterly Dividend of One Quarter Ended February 25, 2024, Payable on February 26, 2024

Challenger Limited Appoints Matthew Michelini as Director

Challenger Limited and Challenger Life Company Limited Announce the Appointment of Lisa Gray as Independent Non-Executive Director, Effective 9 November 2023

Challenger Limited Announces Board Changes

Challenger Limited Declares Ordinary Dividend for the Six Months Period Ended 30 June 2023, Payable on 20 September 2023

Upcoming dividend of AU$0.12 per share at 3.6% yield

Challenger's (ASX:CGF) Shareholders Will Receive A Bigger Dividend Than Last Year

New major risk - Financial position

Challenger Limited to Report Fiscal Year 2024 Results on Aug 13, 2024

Full year 2023 earnings released: EPS: AU$0.42 (vs AU$0.38 in FY 2022)

Elanor Investors Limited and Elanor Investment Fund completed the acquisition of Challenger Real Estate from Challenger Limited.

Independent Non-Executive Director recently bought AU$62k worth of stock

Independent Non-Executive Chairman recently bought AU$101k worth of stock

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Challenger Limited Declares Ordinary Dividend for the Six Months Period Ended 31 December 2022, Payable on 21 March 2023

First half 2023 earnings: EPS misses analyst expectations

Now 20% undervalued

Challenger Limited Announces CFO Transition

Heartland Group Holdings Limited (NZSE:HGH) signed a conditional share purchase agreement for the purchase of Challenger Bank Limited from Challenger Limited (ASX:CGF) for AUD 36 million.

Challenger Limited Appoints Mandy Mannix as Chief Executive, Customer, Effective 2 November 2022

Now 21% undervalued after recent price drop

Challenger Limited and Apollo Announces Management Changes

Challenger Limited Announces Ordinary Fully Franked Dividend on CAP NOTE 3-BBSW+4.60% PERP NON-CUM RED T-05-26 Securities for the Quarter Ending November 24, 2022, Payable on November 25, 2022

Upcoming dividend of AU$0.12 per share

Challenger (ASX:CGF) Has Announced That It Will Be Increasing Its Dividend To A$0.115

Full year 2022 earnings: EPS misses analyst expectations

Challenger Limited Just Missed Earnings - But Analysts Have Updated Their Models

Challenger Limited Declares Fully Franked Final FY22 Dividend, Payable on 21 September 2022

Challenger Limited to Report Fiscal Year 2023 Results on Aug 15, 2023

Now 21% undervalued after recent price drop

Challenger Limited Appoints Victor Rodriguez to the Role of Chief Executive, Funds Management, Effective 1 August 2022

Consensus forecasts updated

Now 21% undervalued

Now 21% undervalued after recent price drop

Challenger Limited Announces Quarterly Dividend of CAP NOTE 3-BBSW+4.60% PERP NON-CUM RED T-05-26, Payment Date 25/8/2022

Challenger Limited Announces Dividend for Security Cgfpb - Cap Note 3-Bbsw+4.40% Perp Non-Cum Red T-05-23 for the Quarter Ended August 21, 2022, Payable on August 22, 2022

Challenger Announces New Leadership Structure

Challenger Limited Declares Ordinary Dividend on CGFPA - CNV PREF 3-BBSW+3.40% PERP SUB NON-CUM RED T-05-22 For the Quarter Ending May 24, 2022, Payable on May 25, 2022

Challenger Limited Announces Ordinary Dividend on CGFPB - CAP NOTE 3-BBSW+4.40% PERP NON-CUM RED T-05-23 for the Quarter Ending May 22, 2022, Payable on May 5, 2022

CountPlus Limited (ASX:CUP) acquired Accurium Holdings Pty Ltd from Challenger Limited (ASX:CGF) for $7.737 million.

First half 2022 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

Challenger Limited Announces an Interim Dividend for the First Half Ended December 31, 2021, Payable on 22 March 2022

Patrizia AG (XTRA:PAT) completed the acquisition of a 30% stake in Whitehelm Capital from Challenger Limited (ASX:CGF) on February 2, 2022.

VGI Reportedly Ponders Merger Deals