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Argosy Property NZSE:ARG Stock Report

Last Price

NZ$1.09

Market Cap

NZ$919.2m

7D

1.4%

1Y

-4.0%

Updated

03 Jun, 2024

Data

Company Financials +

Argosy Property Limited

NZSE:ARG Stock Report

Market Cap: NZ$919.2m

Argosy Property Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Argosy Property
Historical stock prices
Current Share PriceNZ$1.09
52 Week HighNZ$1.24
52 Week LowNZ$1.03
Beta0.77
1 Month Change-2.25%
3 Month Change-1.81%
1 Year Change-3.98%
3 Year Change-30.67%
5 Year Change-20.22%
Change since IPO8.50%

Recent News & Updates

Recent updates

Argosy Property Limited's (NZSE:ARG) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Mar 20
Argosy Property Limited's (NZSE:ARG) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Shareholder Returns

ARGNZ REITsNZ Market
7D1.4%-0.03%0.7%
1Y-4.0%-5.5%-4.7%

Return vs Industry: ARG exceeded the NZ REITs industry which returned -5.5% over the past year.

Return vs Market: ARG matched the NZ Market which returned -4.7% over the past year.

Price Volatility

Is ARG's price volatile compared to industry and market?
ARG volatility
ARG Average Weekly Movement4.0%
REITs Industry Average Movement3.6%
Market Average Movement4.2%
10% most volatile stocks in NZ Market8.5%
10% least volatile stocks in NZ Market2.7%

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

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

About the Company

FoundedEmployeesCEOWebsite
2002n/aPeter Mencewww.argosy.co.nz

Argosy Property Limited in properties in New Zealand. Its investment portfolio consists of approximately 100 properties comprising retail, industrial, and commercial properties. The company’s properties are primarily located in Auckland, Hamilton, and Wellington in New Zealand.

Argosy Property Limited Fundamentals Summary

How do Argosy Property's earnings and revenue compare to its market cap?
ARG fundamental statistics
Market capNZ$919.18m
Earnings (TTM)-NZ$55.27m
Revenue (TTM)NZ$153.15m

6.0x

P/S Ratio

-16.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARG income statement (TTM)
RevenueNZ$153.15m
Cost of RevenueNZ$36.69m
Gross ProfitNZ$116.46m
Other ExpensesNZ$171.74m
Earnings-NZ$55.27m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.065
Gross Margin76.04%
Net Profit Margin-36.09%
Debt/Equity Ratio62.8%

How did ARG perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

-3,397%

Payout Ratio

Does ARG pay a reliable dividends?

See ARG dividend history and benchmarks
When do you need to buy ARG by to receive an upcoming dividend?
Argosy Property dividend dates
Ex Dividend DateJun 11 2024
Dividend Pay DateJun 26 2024
Days until Ex dividend7 days
Days until Dividend pay date22 days

Does ARG pay a reliable dividends?

See ARG dividend history and benchmarks
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