Previous close | 132.66 |
Open | 132.66 |
Bid | 133.82 x 40000 |
Ask | 132.67 x 40000 |
Day's range | 132.66 - 132.66 |
52-week range | 100.27 - 143.70 |
Volume | |
Avg. volume | 8,646 |
Market cap | 52.047B |
Beta (5Y monthly) | 1.12 |
PE ratio (TTM) | 18.82 |
EPS (TTM) | 7.18 |
Earnings date | 02 May 2024 |
Forward dividend & yield | 4.71 (3.93%) |
Ex-dividend date | 14 Nov 2023 |
1y target est | 130.02 |
(Reuters) -Top Australian investment bank Macquarie Group said on Thursday its first-quarter operating group contribution was broadly in line with last year, disappointing investors who sent its shares down as much as 3.9%. "The market has a fiscal 2025 net profit after tax forecast of A$4.11 billion ($2.70 billion) for Macquarie, which is up 17% from previous corresponding period, so arguably the first quarter result is a bit weak versus expectations," Morgans analyst Richard Coles wrote in a note. In a limited financial update alongside its annual meeting, Macquarie said the combined net profit contribution from its market-facing businesses for the quarter ended June 30 fell from last year, primarily due to timing of asset realisations in Macquarie Capital.
The Australian stock market experienced a downturn this week, with the ASX200 closing down 0.81% and all sectors finishing in the red. This recent volatility highlights the importance of considering stable, high-yielding dividend stocks as part of a diversified investment strategy, especially in times when market recalibrations impact broader economic sentiments.
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