Centuria Office REIT Future Growth

Future criteria checks 3/6

Centuria Office REIT's revenue is forecast to decline at 4.5% per annum while its annual earnings are expected to grow at 50.6% per year. EPS is expected to grow by 44.9% per annum. Return on equity is forecast to be 7% in 3 years.

Key information

50.6%

Earnings growth rate

44.9%

EPS growth rate

Office REITs earnings growth	50.7%
Revenue growth rate	-4.5%
Future return on equity	7.0%
Analyst coverage	Good
Last updated	02 Oct 2024

Recent future growth updates

Recent updates

The Independent Non-Executive Chairman of Centuria Property Funds Limited of Centuria Office REIT (ASX:COF), Peter Done, Just Bought 33% More Shares

Feb 13

What Type Of Shareholders Own The Most Number of Centuria Office REIT (ASX:COF) Shares?

Jan 01

Do Its Financials Have Any Role To Play In Driving Centuria Office REIT's (ASX:COF) Stock Up Recently?

Nov 27

Reflecting on Centuria Office REIT's (ASX:COF) Share Price Returns Over The Last Year

Jul 20

Earnings and Revenue Growth Forecasts

ASX:COF - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	140	93	75	81	3
6/30/2026	133	85	70	74	3
6/30/2025	130	71	66	71	3
6/30/2024	162	-169	64	64	N/A
3/31/2024	165	-171	66	66	N/A
12/31/2023	168	-174	69	69	N/A
9/30/2023	168	-133	71	71	N/A
6/30/2023	167	-92	73	73	N/A
3/31/2023	166	-29	77	77	N/A
12/31/2022	164	34	81	81	N/A
9/30/2022	166	75	89	89	N/A
6/30/2022	167	115	96	96	N/A
3/31/2022	162	117	98	98	N/A
12/31/2021	157	119	99	99	N/A
9/30/2021	159	98	102	102	N/A
6/30/2021	162	77	106	106	N/A
3/31/2021	167	48	103	103	N/A
12/31/2020	172	20	99	99	N/A
9/30/2020	159	21	92	92	N/A
6/30/2020	146	23	85	85	N/A
3/31/2020	137	43	82	82	N/A
12/31/2019	129	64	80	80	N/A
9/30/2019	119	59	69	69	N/A
6/30/2019	109	54	58	58	N/A
3/31/2019	99	57	58	58	N/A
12/31/2018	88	61	58	58	N/A
9/30/2018	83	73	54	54	N/A
6/30/2018	77	85	49	49	N/A
3/31/2018	68	74	N/A	38	N/A
12/31/2017	58	63	N/A	28	N/A
9/30/2017	50	50	N/A	25	N/A
6/30/2017	42	38	N/A	22	N/A
3/31/2017	42	33	N/A	22	N/A
12/31/2016	42	29	N/A	21	N/A
9/30/2016	41	28	N/A	22	N/A
6/30/2016	40	27	N/A	23	N/A
3/31/2016	35	23	N/A	20	N/A
12/31/2015	30	20	N/A	18	N/A
9/30/2015	24	14	N/A	13	N/A
6/30/2015	19	7	N/A	9	N/A
3/31/2015	16	4	N/A	6	N/A
12/31/2014	12	2	N/A	4	N/A
9/30/2014	12	3	N/A	3	N/A
6/30/2014	12	4	N/A	3	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: COF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: COF is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: COF is expected to become profitable in the next 3 years.

Revenue vs Market: COF's revenue is expected to decline over the next 3 years (-4.5% per year).

High Growth Revenue: COF's revenue is forecast to decline over the next 3 years (-4.5% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: COF's Return on Equity is forecast to be low in 3 years time (7%).

Centuria Office REIT Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 8.6% to AU$1.55

Consensus EPS estimates fall by 18%

Consensus forecasts updated

Price target increased to AU$2.48

Price target increased to AU$2.45

Recent updates

Upcoming dividend of AU$0.025 per share

Fourth quarter dividend reduced to AU$0.025

Centuria Office REIT Provides Distribution Guidance for the Fiscal Year 2025

Full year 2024 earnings: EPS and revenues miss analyst expectations

Centuria Office REIT to Report Fiscal Year 2024 Results on Aug 15, 2024

Dividend of AU$0.03 announced

Centuria Office Reit Announces Distribution for the Quarter Ending 30 June 2024, Payable on August 16, 2024

An undisclosed buyer agreed to acquire 555 Coronation Drive office building in Toowong, Brisbane from Centuria Office REIT (ASX:COF) for AUD 37.5 million.

Upcoming dividend of AU$0.03 per share

Dividend of AU$0.03 announced

Centuria Office REIT Declares Distribution for the Quarter Ending 31 March 2024, Payable on 30 April 2024

First half 2024 earnings released: FFO per share: AU$0.07 (vs AU$0.084 in 1H 2023)

Centuria Office REIT to Report First Half, 2024 Results on Feb 16, 2024

Upcoming dividend of AU$0.03 per share at 8.9% yield

Centuria Office REIT Declares Distribution for the Quarter Ending 31 December 2023, Payable on 31 January 2024

Price target decreased by 8.6% to AU$1.55

Upcoming dividend of AU$0.03 per share at 9.8% yield

Centuria Office REIT Declares Distribution for the Quarter Ending 30 September 2023, Payable on 27 October 2023

New major risk - Dividend sustainability

Full year 2023 earnings: EPS and revenues miss analyst expectations

Centuria Office REIT to Report Fiscal Year 2023 Results on Aug 17, 2023

Upcoming dividend of AU$0.035 per share at 12% yield

Centuria Office REIT Announces Distribution for the Quarter Ending June 30, 2023, Payable on August 18, 2023

Now 21% undervalued

First half 2023 earnings released: AU$0.029 loss per share (vs AU$0.11 profit in 1H 2022)

Centuria Office REIT Provides Distribution Guidance for the Financial Year 2023

Centuria Office REIT to Report First Half, 2023 Results on Feb 02, 2023

Upcoming dividend of AU$0.035 per share

Centuria Office REIT Announces Distribution Declaration for Quarter Ending March 31, 2022, Payable on January 31, 2023

Upcoming dividend of AU$0.035 per share

Centuria Office REIT Declares Distribution for the Quarter Ending 30 September 2022, Payable on 28 October 2022

Consensus EPS estimates fall by 18%

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

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Centuria Office REIT to Report Fiscal Year 2022 Results on Aug 02, 2022

Upcoming dividend of AU$0.042 per share

Centuria Office REIT Announces Dividend Distribution for the Quarter Ending 30 June 2022, Payable on 5 August 2022

Independent Non-Executive Director recently bought AU$71k worth of stock

An Unknown buyer agreed to acquire 131 Grenfell Street, Adelaide from Centuria Office REIT (ASX:COF) for AUD 21 million.

Upcoming dividend of AU$0.042 per share

First half 2022 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

Upcoming dividend of AU$0.042 per share

Centuria Office REIT has completed a Follow-on Equity Offering in the amount of AUD 200.985473 million.

Board Member recently bought AU$79k worth of stock

Upcoming dividend of AU$0.042 per share

Centuria Office REIT (ASX:COF) entered into a contract to acquire 101 Moray Street, South Melbourne for approximately AUD 210 million.

Independent Non-Executive Director of Centuria Property Funds Limited Nicholas Collishaw has left the company

Consensus forecasts updated

Price target increased to AU$2.48

Full year 2021 earnings released: FFO AU$0.20 per share (vs AU$0.19 in FY 2020)

Price target increased to AU$2.45

Upcoming dividend of AU$0.041 per share

Centuria Office REIT Announces Distribution for the Period Ending March 31, 2021, Payable on April 29, 2021

The Independent Non-Executive Chairman of Centuria Property Funds Limited of Centuria Office REIT (ASX:COF), Peter Done, Just Bought 33% More Shares

Key Executive recently bought AU$100k worth of stock

First half 2021 earnings released: FFO AU$0.13 per share (vs AU$0.088 in 1H 2020)

Centuria Office REIT(ASX:COF) dropped from S&P/ASX Emerging Companies Index

New 90-day low: AU$2.04

Centuria Office REIT to Report First Half, 2021 Results on Feb 04, 2021

What Type Of Shareholders Own The Most Number of Centuria Office REIT (ASX:COF) Shares?

Do Its Financials Have Any Role To Play In Driving Centuria Office REIT's (ASX:COF) Stock Up Recently?

An unknown buyer singed the contract to acquire 25% stake in Office Building at 465 Victoria Avenue, Chatswood, New South Wales, Australia from Centuria Office REIT (ASX:COF) for AUD 44.7 million.

New 90-day high: AU$2.23

New 90-day high: AU$2.13

Upcoming Dividend of AU$0.041 Per Share

Centuria Metropolitan REIT (ASX:CMA) entered into an agreement to acquire 50% stake in Property at 8 Central Avenue, Eveleigh for approximately AUD 190 million.

Centuria Metropolitan REIT (ASX:CMA) completed the acquisition of Office Property located at William Square, Northbridge, Perth, Australia.

Full year earnings released - FFO AU$0.19 per share

Reflecting on Centuria Office REIT's (ASX:COF) Share Price Returns Over The Last Year