Stockland stock gains 2.04 percent as data center plans advance

Published on 10/07/2026 at 05:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Stockland stock trades at AUD 4.25 on October 7, 2026, below its AUD 6.75 52-week high. FY2026 FFO reached AUD 892 million and gearing fell to 22.7 percent.

Stockland, AU000000SGP0, Illustration mit AI erstellt.

Stockland (ISIN AU000000SGP0) was trading at AUD 4.25 on ASX on October 7, 2026 at 12:54 p.m. AEST, up 2.04 percent from the prior close of AUD 4.17. The latest property catalyst is a 49 MW data center approval at Macquarie Park, while the company enters its next investor checkpoint with FY2026 operating growth already reported.

Data center approval adds a new growth asset

According to Certified Strategic on October 6, 2026, New South Wales approved Stockland's Road 1 data center on October 1. The project carries a stated development value of AUD 630 million and has a maximum power capacity of 49 MW.

The approval gives concrete shape to Stockland's data center strategy, but the earnings contribution is staged. In its FY2026 results call, Yahoo Finance reported on August 19, 2026, that Stockland had secured 450 MW of power across three sites and expected initial earnings contributions from site transfers in FY2027.

FY2026 earnings set the operating baseline

Stockland's FY2026 funds from operations rose 10.4 percent to AUD 892 million, while FFO per security increased 9.1 percent to AUD 0.369, according to Yahoo Finance. Statutory profit increased 20.2 percent to AUD 994 million, while gearing declined from 28.1 percent at December to 22.7 percent at June 30, 2026.

The balance sheet comparison matters because Stockland is funding several growth platforms at once. Management also outlined FY2027 FFO per security guidance of AUD 0.38 to AUD 0.39 and a distribution expectation of AUD 0.252 per security in the same FY2026 results briefing.

Consensus target stays above the market

Investing.com lists a Buy consensus from 10 analysts, with 8 Buy ratings, 1 Hold and 1 Sell. The average 12-month target is AUD 5.183, with a high of AUD 5.80 and a low of AUD 4.40; the average target lies 21.95 percent above the AUD 4.25 market price.

Stockland's next formal shareholder event is its 2026 annual general meeting on October 19, 2026, according to the company's Investor Centre. The date gives investors a scheduled point for updates on data center approvals, FY2027 execution and capital allocation.

Stockland stock remains below its yearly high

Stockland stock was last at AUD 4.25 on ASX on October 7, 2026 at 12:54 p.m. AEST, with a 52-week range of AUD 3.71 to AUD 6.75 and market capitalization of AUD 10.3 billion.