Region Group Future Growth

Future criteria checks 3/6

Region Group is forecast to grow earnings and revenue by 21.3% and 5.3% per annum respectively. EPS is expected to grow by 20.1% per annum. Return on equity is forecast to be 6.3% in 3 years.

Key information

21.3%

Earnings growth rate

20.1%

EPS growth rate

Retail REITs earnings growth	17.0%
Revenue growth rate	5.3%
Future return on equity	6.3%
Analyst coverage	Good
Last updated	20 Oct 2024

Recent future growth updates

Recent updates

Is Shopping Centres Australasia Property Group's (ASX:SCP) Recent Performancer Underpinned By Weak Financials?

Feb 24

How Many Shopping Centres Australasia Property Group (ASX:SCP) Shares Have Insiders Sold, In The Last Year?

Feb 03

Is Shopping Centres Australasia Property Group (ASX:SCP) Popular Amongst Institutions?

Jan 13

How Much Did Shopping Centres Australasia Property Group's (ASX:SCP) CEO Pocket Last Year?

Dec 23

Shareholders Of Shopping Centres Australasia Property Group (ASX:SCP) Must Be Happy With Their 64% Return

Dec 02

Shopping Centres Australasia Property Group's (ASX:SCP) Shareholders Are Down 11% On Their Shares

Jul 22

Need To Know: Shopping Centres Australasia Property Group (ASX:SCP) Insiders Have Been Selling Shares

Jun 25

Earnings and Revenue Growth Forecasts

ASX:RGN - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	410	194	168	190	3
6/30/2026	391	186	165	186	3
6/30/2025	371	181	159	180	3
6/30/2024	372	17	183	183	N/A
3/31/2024	373	-23	176	176	N/A
12/31/2023	374	-63	170	170	N/A
9/30/2023	369	-94	173	173	N/A
6/30/2023	364	-124	177	177	N/A
3/31/2023	356	-82	178	178	N/A
12/31/2022	348	-40	180	180	N/A
9/30/2022	347	223	179	179	N/A
6/30/2022	347	487	179	179	N/A
3/31/2022	340	640	176	176	N/A
12/31/2021	332	792	172	172	N/A
9/30/2021	316	628	159	159	N/A
6/30/2021	300	463	145	145	N/A
3/31/2021	293	281	138	138	N/A
12/31/2020	285	98	131	131	N/A
9/30/2020	289	92	139	139	N/A
6/30/2020	292	86	147	147	N/A
3/31/2020	293	123	150	150	N/A
12/31/2019	294	161	153	153	N/A
9/30/2019	283	135	137	137	N/A
6/30/2019	271	110	120	120	N/A
3/31/2019	253	127	114	114	N/A
12/31/2018	235	145	107	107	N/A
9/30/2018	226	160	114	114	N/A
6/30/2018	218	175	121	121	N/A
3/31/2018	214	180	N/A	117	N/A
12/31/2017	211	185	N/A	114	N/A
9/30/2017	209	253	N/A	113	N/A
6/30/2017	206	321	N/A	112	N/A
3/31/2017	200	303	N/A	109	N/A
12/31/2016	195	284	N/A	105	N/A
9/30/2016	189	217	N/A	104	N/A
6/30/2016	183	149	N/A	102	N/A
12/31/2015	161	111	N/A	86	N/A
9/30/2015	159	125	N/A	84	N/A
6/30/2015	157	138	N/A	82	N/A
3/31/2015	171	159	N/A	86	N/A
12/31/2014	166	167	N/A	89	N/A
9/30/2014	162	139	N/A	85	N/A
6/30/2014	158	112	N/A	80	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RGN's forecast earnings growth (21.3% per year) is above the savings rate (2.6%).

Earnings vs Market: RGN's earnings (21.3% per year) are forecast to grow faster than the Australian market (12.4% per year).

High Growth Earnings: RGN's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RGN's revenue (5.3% per year) is forecast to grow slower than the Australian market (5.7% per year).

High Growth Revenue: RGN's revenue (5.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: RGN's Return on Equity is forecast to be low in 3 years time (6.3%).

Region Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 43%

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

Price target raised to AU$3.06

Shopping Centres Australasia Do Not Provide Guidance for the Fiscal Year 2021

Recent updates

Now 20% undervalued

Now 20% undervalued

Key Executive recently sold AU$997k worth of stock

Region Group, Annual General Meeting, Oct 15, 2024

Full year 2024 earnings: Revenues exceed analyst expectations

Region Group to Report Fiscal Year 2024 Results on Aug 13, 2024

First half dividend of AU$0.07 announced

Region Group to Report Fiscal Year 2024 Results on Aug 13, 2024

Region Group to Report Fiscal Year 2024 Results on Aug 13, 2024

First half 2024 earnings released: FFO per share: AU$0.08 (vs AU$0.084 in 1H 2023)

Region Group to Report First Half, 2024 Results on Feb 06, 2024

Upcoming dividend of AU$0.067 per share at 6.6% yield

Region Group Announces Distribution for the Six Months Ending December 31, 2023 Payable on January 29, 2024

Key Executive recently sold AU$543k worth of stock

Region Group Announces Resignation of Mark Fleming, Chief Operating Officer

Region Group, Annual General Meeting, Oct 23, 2023

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Region Group Announces Distribution for the Six Months Ending June 30, 2023, Payable on August 31, 2023

New minor risk - Shareholder dilution

Upcoming dividend of AU$0.077 per share at 6.9% yield

Shopping Centres Australasia Property Group Announces Distribution Amount for the Period from 1 January 2023 to 30 June 2023, Payable on 31 August 2023

Region Group to Report Fiscal Year 2023 Results on Aug 15, 2023

Consensus EPS estimates increase by 43%

Region Group Announces Distribution Amount for the Six Months Ending December 31, 2022, Payable on January 31, 2023

Upcoming dividend of AU$0.075 per share

Region Group Announces Chief Financial Officer Changes

Now 21% undervalued after recent price drop

Shopping Centres Australasia Property Group, Annual General Meeting, Nov 23, 2022

Insider recently bought AU$202k worth of stock

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

SCA Property Group Appoints Michael Herring as Non-Executive Director

Consensus forecasts updated

Shopping Centres Australasia Property Group (ASX:SCP) acquired Suburban Shopping Centre from Landream Pty Ltd for AUD 65 million.

SCA Property Group Announces Executive Changes

SCA Property Group Announces Changes to its Board

Upcoming dividend of AU$0.08 per share

Shopping Centres Australasia Property Group entered into agreements to acquire Convenience-Based Retail Portfolio from Primewest Group Limited for AUD 180 million.

Shopping Centres Australasia Property Group Announces Distribution Amount for the Half Year Ended June 30, 2022, Payable on August 31, 2022

Insufficient new directors

Key Executive recently bought AU$145k worth of stock

First half 2022 earnings: EPS and revenues exceed analyst expectations

Shopping Centres Australasia Property Group to Report Fiscal Year 2022 Results on Aug 16, 2022

Insufficient new directors

Upcoming dividend of AU$0.072 per share

Key Executive recently sold AU$486k worth of stock

Independent Non-Executive Director of Shopping Centres Australasia Property Group RE Limited Kirstin Ferguson has left the company

Consensus forecasts updated

Upcoming dividend of AU$0.067 per share

Consensus forecasts updated

Shopping Centres Australasia Property Group (ASX:SCP) agreed to acquire Marketown in Newcastle NSW from AMP Capital Investors Limited for AUD 150.5 million.

Shopping Centres Australasia Property Group (ASX:SCP) completed the acquisition of Cooloola Cove Shopping Centre from Altor Private Equity Pty Ltd.

Key Executive recently sold AU$840k worth of stock

New 90-day low: AU$2.30

Is Shopping Centres Australasia Property Group's (ASX:SCP) Recent Performancer Underpinned By Weak Financials?

Shopping Centres Australasia Property Group (ASX:SCP) exchanged conditional contracts to acquire Cooloola Cove Shopping Centre for AUD 18.6 million.

First half 2021 earnings released: FFO AU$0.07 per share (vs AU$0.085 in 1H 2020)

Earnings beat expectations, revenue disappoints

Price target raised to AU$3.06

How Many Shopping Centres Australasia Property Group (ASX:SCP) Shares Have Insiders Sold, In The Last Year?

New 90-day low: AU$2.33

Is Shopping Centres Australasia Property Group (ASX:SCP) Popular Amongst Institutions?

How Much Did Shopping Centres Australasia Property Group's (ASX:SCP) CEO Pocket Last Year?

Key Executive recently bought AU$83k worth of stock

New 90-day high: AU$2.68

Shopping Centres Australasia Property Group to Report First Half, 2021 Results on Feb 09, 2021

Shareholders Of Shopping Centres Australasia Property Group (ASX:SCP) Must Be Happy With Their 64% Return

Shopping Centres Australasia Property Group (ASX:SCP) acquired Auburn Central Shopping Centre from Elanor Retail Property Fund (ASX:ERF) for approximately AUD 130 million.

New 90-day high: AU$2.45

Shopping Centres Australasia Property Group (ASX:SCP) completed the acquisition of The Bakewell Shopping Centre in Palmerston from Woolworths Group Limited (ASX:WOW).