Grenke stock sat near 52-week low as H1 profit rose

Published on 10/05/2026 at 19:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Grenke stock stood 0.38 percent above its EUR 10.420 52-week low on October 2, 2026. H1 earnings reached EUR 32.6 million and 2026 guidance stayed at EUR 74 million-EUR 86 million.

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Grenke (ISIN DE000A161N30) closed at EUR 10.460 on Xetra on October 2, 2026, only 0.38 percent above the EUR 10.420 52-week low. The leasing specialist's first-half group earnings rose 24.8 percent to EUR 32.6 million, while credit quality remained the key counterweight.

Profit growth meets credit pressure

According to StockSentinel on September 7, 2026, H1 leasing new business increased 1.4 percent to EUR 1,644.9 million, operating income rose 11.0 percent to EUR 352.6 million and net earnings advanced 24.8 percent to EUR 32.6 million.

The same report put the H1 loss rate at 2.0 percent and risk provisions at EUR 119.0 million. That combination gives Grenke a clear operating story, but it also explains why the share price remains close to its yearly floor despite higher earnings.

Guidance stays intact for 2026

Grenke reaffirmed full-year 2026 earnings guidance of EUR 74 million-EUR 86 million in its H1 2026 communication. Its leasing new-business target remains EUR 3.4 billion-EUR 3.6 billion, with management expecting the lower end because investment activity remains weak, according to Yahoo Finance on October 4, 2026.

The first-half comparison remains favorable: group earnings were EUR 32.6 million versus EUR 26.2 million in the prior-year period. Operating income reached EUR 352.6 million, while the cost-income ratio improved to 51.6 percent, according to Quartr on September 16, 2026.

Consensus target stays above price

Markets Insider reported on September 25, 2026, that Berenberg maintained a Buy rating and a EUR 23.00 price target. The same report listed a Strong Buy consensus and a EUR 20.33 consensus target, which lies 94.4 percent above the October 2 Xetra close, according to Markets Insider.

Grenke stock stays near yearly floor

Grenke closed at EUR 10.460 on Xetra on October 2, 2026, down 0.76 percent from EUR 10.540. The session ranged from EUR 10.420 to EUR 10.620 on volume of 183,688 shares, while the 52-week high stood at EUR 17.080.