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Stride Property Group NZSE:SPG Stock Report

Last Price

NZ$1.35

Market Cap

NZ$754.7m

7D

3.1%

1Y

3.8%

Updated

24 Nov, 2024

Data

Company Financials +

SPG Stock Overview

Stride Stapled Group is a real estate investment firm specializing in co-investments and investments in commercial, retail, and industrial real estate properties. More details

SPG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends3/6

Stride Property Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Stride Property Group
Historical stock prices
Current Share PriceNZ$1.35
52 Week HighNZ$1.49
52 Week LowNZ$1.15
Beta0.68
11 Month Change-2.17%
3 Month Change-6.25%
1 Year Change3.85%
33 Year Change-35.71%
5 Year Change-39.46%
Change since IPO-31.82%

Recent News & Updates

Shareholders Will Probably Hold Off On Increasing Stride Property Group's (NZSE:SPG) CEO Compensation For The Time Being

Jun 26
Shareholders Will Probably Hold Off On Increasing Stride Property Group's (NZSE:SPG) CEO Compensation For The Time Being

Recent updates

Shareholders Will Probably Hold Off On Increasing Stride Property Group's (NZSE:SPG) CEO Compensation For The Time Being

Jun 26
Shareholders Will Probably Hold Off On Increasing Stride Property Group's (NZSE:SPG) CEO Compensation For The Time Being

Analysts Just Made A Sizeable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts

May 31
Analysts Just Made A Sizeable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts

Stride Stapled Group's (NZSE:SPG) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?

Feb 17
Stride Stapled Group's (NZSE:SPG) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?

How Should Investors React To Stride Stapled Group's (NZSE:SPG) CEO Pay?

Jan 07
How Should Investors React To Stride Stapled Group's (NZSE:SPG) CEO Pay?

News Flash: Analysts Just Made A Notable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts

Dec 03
News Flash: Analysts Just Made A Notable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts

Did You Participate In Any Of Stride Stapled Group's (NZSE:SPG) Respectable 62% Return?

Nov 19
Did You Participate In Any Of Stride Stapled Group's (NZSE:SPG) Respectable 62% Return?

Shareholder Returns

SPGNZ REITsNZ Market
7D3.1%0.5%2.0%
1Y3.8%21.2%10.9%

Return vs Industry: SPG underperformed the NZ REITs industry which returned 21.2% over the past year.

Return vs Market: SPG underperformed the NZ Market which returned 10.9% over the past year.

Price Volatility

Is SPG's price volatile compared to industry and market?
SPG volatility
SPG Average Weekly Movement4.4%
REITs Industry Average Movement3.8%
Market Average Movement4.4%
10% most volatile stocks in NZ Market8.9%
10% least volatile stocks in NZ Market3.0%

Stable Share Price: SPG has not had significant price volatility in the past 3 months compared to the NZ market.

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

About the Company

FoundedEmployeesCEOWebsite
2003n/aPhilip Littlewoodwww.strideproperty.co.nz

Stride Stapled Group is a real estate investment firm specializing in co-investments and investments in commercial, retail, and industrial real estate properties. Investment properties comprise of freehold land, leasehold land, buildings and improvements that are held either to earn rental income or for capital appreciation or both. It seeks to invest in New Zealand.

Stride Property Group Fundamentals Summary

How do Stride Property Group's earnings and revenue compare to its market cap?
SPG fundamental statistics
Market capNZ$754.70m
Earnings (TTM)-NZ$56.12m
Revenue (TTM)NZ$97.46m

7.7x

P/S Ratio

-13.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPG income statement (TTM)
RevenueNZ$97.46m
Cost of RevenueNZ$26.56m
Gross ProfitNZ$70.90m
Other ExpensesNZ$127.02m
Earnings-NZ$56.12m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.10
Gross Margin72.75%
Net Profit Margin-57.59%
Debt/Equity Ratio41.8%

How did SPG perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

50%

Payout Ratio