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Magellan Financial Group (MFG)

ASX.MFG $9.76

20 MINUTE DELAYED

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MFG $9.76

20 MINUTE DELAYED

TODAY

-0.51 %

1 YEAR RETURN

0.00%

VOLUME

286,331

DIV YIELD

7.09%

PE RATIO

8.73

52 WEEK RANGE

6.06

10.73

ANALYSIS

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SHARE PRICE ACTIVITY
Last (Price)

9.76

Change

-0.05 (-0.51)

Bid / Ask

9.70 - 9.80

Volume

286,331

Turnover

2,785,895

Open

9.63

Day Range

9.63 - 9.77

VWAP

9.73

Prev Close

9.81

Last Trade

19/07 4:10pm (AEST)

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KEY INFORMATION
Sector

Financial

Shares Issued

167,419,469

NTA/Share

0.00

Last Dividend

0.29

Dividend Ex Date

20 FEB 2024

Dividend Pay Date

06 MAR 2024

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BROKER CALLS

current

Mean

3.30

Target Price

0.00

HOLD

i

CURRENT ()
Revenue

431.65

EBITDA

275.82

Profit

174.31

Earnings Per Share (EPS)

0

Dividend Per Share (DPS)

0

Yield %

7.09

Market Cap

0

Price to Earnings Ratio (P/E)

8.73

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TARGET PRICE FORECAST

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ESTIMATES ()
Revenue

311.36

EBITDA

220.22

Profit

170.69

Earnings Per Share (EPS)

0.94

Dividend Per Share (DPS)

0.67

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BROKER CONSENSUS RECOMMENDATION

BUY

SELL

Target Price

0.00

Lt Growth Rate

0.00

Recommendation (HOLD)

3.30
OPINION
ACTION
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Business Summary

A subsidiary of the Magellan Financial Group (one of the top-200 stocks by market value on the ASX) Magellan was established in 2006 with the aim of investing in worldwide equities and globally-listed infrastructure in an effort to generate solid client returns without putting their capital at risk. Those pillars of safeguarding and wealth creation remain key to the company, which continues to invest in premium global stocks. As of June 2022, Magellan’s industry award-winning team of 35 investment professionals are responsible for managing over AU$60-billion in stocks (as of July 2022). Sustainability now plays an important role within the business. As a result, the company has led a paperless way to invest in global equities on the Australian Stock Exchange.

Tagged video
WATCH
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Portfolio Manager Harry Watt on Ausbiz, discussing Magellan (MFG), Regal Partners (RPL) & Perpetual (PPT) Recorded Monday 6th March @10.30am
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