The GPT Group stock gains 1.45 percent as earnings stay firm

Published on 10/07/2026 at 06:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The GPT Group stock gained 1.45 percent to AUD 4.54 on October 7, 2026. Interim FFO rose 5.0 percent to AUD 338.8 million.

GPT, AU000000GPT8, Illustration mit AI erstellt.

The GPT Group stock (ISIN AU000000GPT8) was trading at AUD 4.54 on the ASX at 2:55 p.m. AEDT on October 7, 2026, up 1.45 percent from AUD 4.47. The latest company figures show higher funds from operations and statutory profit for the six months ended June 30, 2026.

Interim earnings set the tone

According to Kapitales Research on August 17, 2026, FFO increased 5.0 percent to AUD 338.8 million for the first half, while statutory net profit after tax advanced 21.6 percent to AUD 400.1 million. The figures give the stock a stronger earnings foundation than the price move alone suggests.

The operating detail was mixed across the portfolio. Like-for-like net property income grew 5.8 percent, retail occupancy reached 99.8 percent and office occupancy stood at 92.1 percent for the first half of 2026, according to Kapitales Research.

Guidance depends on execution

GPT maintained fiscal 2026 guidance for FFO of AUD 0.354 per security, implying 4 percent annual growth, and forecast a full-year distribution of AUD 0.245 per security. Net gearing was 31.5 percent at June 30, 2026, within the stated 25 percent to 35 percent target range, while available liquidity stood at AUD 1.0 billion.

Assets under management expanded 4.6 percent to AUD 41.6 billion from December 2025. That combination of higher FFO and a larger funds platform is the key operating counterweight to the company's office exposure, where occupancy remained below the retail and logistics figures.

Consensus target remains higher

Investing.com lists a Buy consensus based on 12 analysts, with 6 Buy ratings, 5 Holds and 1 Sell. The average 12-month target is AUD 5.432, the high target is AUD 6.00 and the low target is AUD 4.90; the average target lies 19.65 percent above the October 7 price.

The market comparison is more cautious: AUD 4.54 sits 21.04 percent below the 52-week high of AUD 5.75 and only AUD 0.19 above the 52-week low of AUD 4.35. For investors, the next valuation signal is whether GPT can convert its expanded funds platform and portfolio income into the guided 4 percent FFO growth.

GPT stock trades below its yearly high

The GPT Group stock was trading at AUD 4.54 on the ASX on October 7, 2026, with market capitalization of AUD 8.7 billion and volume of 1,798,861 shares. The reference price remains below the yearly high while the latest interim figures point to positive operating growth.