MEG Stock Overview Engages in the development, sale, and leasing of real estate properties in the Philippines. More details
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Megaworld Corporation Competitors Price History & Performance
Summary of share price highs, lows and changes for Megaworld Historical stock prices Current Share Price ₱2.00 52 Week High ₱2.36 52 Week Low ₱1.72 Beta 0.97 1 Month Change -8.68% 3 Month Change -2.44% 1 Year Change 1.52% 3 Year Change -37.50% 5 Year Change -50.12% Change since IPO 231.50%
Recent News & Updates
Less than half of directors are independent Dec 20
Megaworld Corporation Announces Board Changes Dec 12
Third quarter 2024 earnings released: EPS: ₱0.16 (vs ₱0.13 in 3Q 2023) Nov 08
Dividend increased to ₱0.082 Oct 23
Less than half of directors are independent Oct 15
Megaworld Corporation Announces Board Changes Oct 07 See more updates
Less than half of directors are independent Dec 20
Megaworld Corporation Announces Board Changes Dec 12
Third quarter 2024 earnings released: EPS: ₱0.16 (vs ₱0.13 in 3Q 2023) Nov 08
Dividend increased to ₱0.082 Oct 23
Less than half of directors are independent Oct 15
Megaworld Corporation Announces Board Changes Oct 07
Price target increased by 9.3% to ₱2.38 Sep 26
New minor risk - Shareholder dilution Aug 11
Price target decreased by 7.4% to ₱2.18 Aug 08
Second quarter 2024 earnings released: EPS: ₱0.13 (vs ₱0.13 in 2Q 2023) Aug 08
Megaworld Corporation Appoints Lourdes T. Gutierrez-Alfonso as New President Jun 25
Price target decreased by 11% to ₱2.36 May 28 Megaworld Corporation has filed a Follow-on Equity Offering in the amount of PHP 2.6125 billion. May 17
First quarter 2024 earnings released: EPS: ₱0.14 (vs ₱0.13 in 1Q 2023) May 10
Megaworld Corporation, Annual General Meeting, May 13, 2024 Mar 25
Consensus revenue estimates increase by 12% Mar 13
Full year 2023 earnings released: EPS: ₱0.56 (vs ₱0.43 in FY 2022) Feb 29
Price target increased by 15% to ₱2.97 Jan 17
Consensus EPS estimates increase by 13% Nov 16
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Nov 10
Upcoming dividend of ₱0.066 per share at 3.0% yield Oct 19
Megaworld Corporation Declares Cash Dividends on Outstanding Common Shares, Payable on 14 November 2023 Oct 13
Megaworld Corporation to Build 26-Storeys, Two-Tower Residential Condominium Development in Bacolod Sep 21
Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Aug 11
Megaworld Corporation to Build Standalone Convention Center Near the Beach in Mactan Jul 18
Megaworld Corporation to Build its First Beachside Residential Condominium Development in San Vicente, Palawan Jul 06 Megaworld Corporation Announces Executive Appointments Jun 19
Consensus EPS estimates increase by 10%, revenue downgraded May 18
First quarter 2023 earnings released: EPS: ₱0.13 (vs ₱0.098 in 1Q 2022) May 11
Megaworld to Build Savoy Hotel in Palawan the 306-Room `Luxury Green Hotel' Is Close to the Beach of the 462-Hectare Paragua Coastown Jan 12
Megaworld Corporation Announces Resignation of Cheryll B. Sereno as Chief Risk Officer Jan 04
Megaworld Corporation Launches New Residential Tower Inside the 3-Hectare Winford Resort Inspired by `Old Manila' Nov 21
Third quarter 2022 earnings released: EPS: ₱0.081 (vs ₱0.10 in 3Q 2021) Nov 16
Less than half of directors are independent Nov 16
Megaworld Corporation to Build Vion West Nov 09
Price target decreased to ₱2.97 Oct 26
Price target decreased to ₱3.21 Oct 21
Megaworld Corporation Declares Cash Dividend for 2022, Payable on 14 November 2022 Oct 18
Second quarter 2022 earnings released: EPS: ₱0.089 (vs ₱0.084 in 2Q 2021) Aug 11
Megaworld Corporation Launches its Third Residential Condominium Project, Montrose Parkview, Inside its 35.6-Hectare Capital Town in the City of San Fernando, Pampanga Jul 29
Price target decreased to ₱3.50 Jul 22
Megaworld Corporation Approves Appointment of Alejo L. Villanueva, Jr. as Independent Directors of the Company Jun 17
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind May 17
Megaworld Corporation, Annual General Meeting, Jun 17, 2022 May 05
Less than half of directors are independent Apr 27
Third quarter 2021 earnings released: EPS ₱0.10 (vs ₱0.063 in 3Q 2020) Nov 12
Second quarter 2021 earnings released: EPS ₱0.084 (vs ₱0.052 in 2Q 2020) Aug 05
Megaworld Lines Up 21 Major Projects Across the Country to Further Boost Rental Income Portfolio Jun 18
Investor sentiment improved over the past week May 31
Consensus forecasts updated May 24
First quarter 2021 earnings released: EPS ₱0.07 (vs ₱0.11 in 1Q 2020) May 18
Price target decreased to ₱4.23 May 12
Full year 2020 earnings released: EPS ₱0.29 (vs ₱0.55 in FY 2019) Apr 17
New 90-day low: ₱3.70 Feb 25
New 90-day high: ₱4.18 Jan 04
New 90-day high: ₱4.02 Dec 05
Chairman recently sold ₱380m worth of stock Nov 26
Third quarter 2020 earnings released: EPS ₱0.063 Nov 14
Revenue beats expectations, earnings disappoint Nov 14
New 90-day high: ₱3.25 Nov 05
New 90-day low - ₱2.88 Sep 01
First half earnings released Aug 14
Price target lowered to ₱3.94 Jul 30 Shareholder Returns MEG PH Real Estate PH Market 7D -7.0% -4.8% -2.1% 1Y 1.5% -20.2% 7.3%
See full shareholder returns
Return vs Market: MEG underperformed the PH Market which returned 7.3% over the past year.
Price Volatility Is MEG's price volatile compared to industry and market? MEG volatility MEG Average Weekly Movement 3.6% Real Estate Industry Average Movement 5.3% Market Average Movement 5.2% 10% most volatile stocks in PH Market 10.8% 10% least volatile stocks in PH Market 2.7%
Stable Share Price: MEG has not had significant price volatility in the past 3 months compared to the PH market.
Volatility Over Time: MEG's weekly volatility (4%) has been stable over the past year.
About the Company Megaworld Corporation, together with its subsidiaries, engages in the development, sale, and leasing of real estate properties in the Philippines. The company develops mixed-use planned communities or townships, including residential, commercial, leisure, and entertainment components. Its real estate portfolio comprises residential condominium units, subdivision lots and townhouses, and condominium-hotel projects, as well as office projects and retail spaces.
Show more Megaworld Corporation Fundamentals Summary How do Megaworld's earnings and revenue compare to its market cap? MEG fundamental statistics Market cap ₱65.12b Earnings (TTM ) ₱19.05b Revenue (TTM ) ₱77.69b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) MEG income statement (TTM ) Revenue ₱77.69b Cost of Revenue ₱28.51b Gross Profit ₱49.19b Other Expenses ₱30.14b Earnings ₱19.05b
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) 0.59 Gross Margin 63.31% Net Profit Margin 24.52% Debt/Equity Ratio 36.1%
How did MEG perform over the long term?
See historical performance and comparison Dividends
4.1% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/21 20:51 End of Day Share Price 2024/12/20 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
Analysis Model and Snowflake Details of the analysis model used to generate this report is available on our Github page , we also have guides on how to use our reports and tutorials on Youtube .
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Analyst Sources Megaworld Corporation is covered by 23 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Russ Toribio BofA Global Research Edser Trinidad CGS International Ricardo Puig Citigroup Inc
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