Latest news with #SteadfastGroupLimited
Business Insider
2 days ago
- Business
- Business Insider
Macquarie Remains a Buy on Steadfast Group Limited (1S6)
In a report released today, from Macquarie maintained a Buy rating on Steadfast Group Limited (1S6 – Research Report), with a price target of A$6.80. The company's shares closed last Friday at €3.24. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Currently, the analyst consensus on Steadfast Group Limited is a Strong Buy with an average price target of €3.81. Based on Steadfast Group Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €931.5 million and a net profit of €106.4 million. In comparison, last year the company earned a revenue of €804.7 million and had a net profit of €100.4 million
Yahoo
02-06-2025
- Business
- Yahoo
Investors in Steadfast Group (ASX:SDF) have seen favorable returns of 97% over the past five years
Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying the right stocks can give your wealth a significant boost. For example, long term Steadfast Group Limited (ASX:SDF) shareholders have enjoyed a 72% share price rise over the last half decade, well in excess of the market return of around 40% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 7.5% in the last year, including dividends. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the last half decade, Steadfast Group became profitable. That's generally thought to be a genuine positive, so investors may expect to see an increasing share price. Given that the company made a profit three years ago, but not five years ago, it is worth looking at the share price returns over the last three years, too. We can see that the Steadfast Group share price is up 17% in the last three years. During the same period, EPS grew by 2.5% each year. Notably, the EPS growth has been slower than the annualised share price gain of 5% over three years. So it's fair to assume the market has a higher opinion of the business than it did three years ago. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). We consider it positive that insiders have made significant purchases in the last year. Even so, future earnings will be far more important to whether current shareholders make money. This free interactive report on Steadfast Group's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Steadfast Group's TSR for the last 5 years was 97%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence! Steadfast Group shareholders are up 7.5% for the year (even including dividends). But that return falls short of the market. On the bright side, the longer term returns (running at about 15% a year, over half a decade) look better. It's quite possible the business continues to execute with prowess, even as the share price gains are slowing. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For example, we've discovered 3 warning signs for Steadfast Group that you should be aware of before investing here. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: most of them are flying under the radar). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
27-02-2025
- Business
- Yahoo
Steadfast Group (ASX:SDF) Has Announced A Dividend Of A$0.078
The board of Steadfast Group Limited (ASX:SDF) has announced that it will pay a dividend on the 27th of March, with investors receiving A$0.078 per share. Based on this payment, the dividend yield for the company will be 3.0%, which is fairly typical for the industry. Check out our latest analysis for Steadfast Group Unless the payments are sustainable, the dividend yield doesn't mean too much. The last payment made up 86% of earnings, but cash flows were much higher. This leaves plenty of cash for reinvestment into the business. Looking forward, earnings per share is forecast to rise by 53.6% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 63%, which would make us comfortable with the sustainability of the dividend, despite the levels currently being quite high. The company's dividend history has been marked by instability, with at least one cut in the last 10 years. Since 2015, the dividend has gone from A$0.054 total annually to A$0.171. This implies that the company grew its distributions at a yearly rate of about 12% over that duration. Despite the rapid growth in the dividend over the past number of years, we have seen the payments go down the past as well, so that makes us cautious. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. Steadfast Group has impressed us by growing EPS at 30% per year over the past five years. Earnings per share is growing nicely, but the company is paying out most of its earnings as dividends. This might be sustainable, but we wonder why Steadfast Group is not retaining those earnings to reinvest in growth. In summary, while it's always good to see the dividend being raised, we don't think Steadfast Group's payments are rock solid. The payments haven't been particularly stable and we don't see huge growth potential, but with the dividend well covered by cash flows it could prove to be reliable over the short term. This company is not in the top tier of income providing stocks. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. For example, we've picked out 3 warning signs for Steadfast Group that investors should know about before committing capital to this stock. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
11-02-2025
- Business
- Yahoo
3 ASX Dividend Stocks Yielding Up To 7.6% For Your Portfolio
As the Australian market prepares for a positive open, with ASX 200 futures indicating a rise despite global trade tensions, investors are keeping an eye on dividend stocks as a potential source of steady income. In such fluctuating conditions, selecting stocks with strong dividend yields can be an effective strategy to enhance portfolio stability and generate reliable returns. Name Dividend Yield Dividend Rating Fortescue (ASX:FMG) 9.94% ★★★★★☆ Super Retail Group (ASX:SUL) 7.42% ★★★★★☆ Fiducian Group (ASX:FID) 4.39% ★★★★★☆ MFF Capital Investments (ASX:MFF) 3.33% ★★★★★☆ Premier Investments (ASX:PMV) 5.74% ★★★★★☆ Nick Scali (ASX:NCK) 3.81% ★★★★★☆ National Storage REIT (ASX:NSR) 4.91% ★★★★★☆ Santos (ASX:STO) 6.94% ★★★★☆☆ Ricegrowers (ASX:SGLLV) 5.14% ★★★★☆☆ Australian United Investment (ASX:AUI) 3.54% ★★★★☆☆ Click here to see the full list of 32 stocks from our Top ASX Dividend Stocks screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Nick Scali Limited, with a market cap of A$1.48 billion, is involved in sourcing and retailing household furniture and related accessories across Australia, the United Kingdom, and New Zealand. Operations: Nick Scali Limited generates its revenue through the sourcing and retailing of household furniture and related accessories in Australia, the United Kingdom, and New Zealand. Dividend Yield: 3.8% Nick Scali's dividend profile is characterized by stable and growing payments over the past decade, supported by a sustainable payout ratio of 68.9% from earnings and 55% from cash flows. However, recent financial results show a decline in net income to A$30.04 million for the half year ended December 31, 2024, leading to a reduced interim dividend of A$0.30 per share compared to A$0.35 last year. Despite this decrease, dividends remain reliable with minimal volatility historically but offer a yield lower than top-tier Australian dividend stocks at 3.81%. Click to explore a detailed breakdown of our findings in Nick Scali's dividend report. In light of our recent valuation report, it seems possible that Nick Scali is trading beyond its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Steadfast Group Limited operates as a general insurance brokerage service provider across Australasia, Asia, and Europe, with a market cap of A$6.27 billion. Operations: Steadfast Group Limited generates revenue from its Insurance Intermediary segment at A$1.55 billion and Premium Funding at A$113 million. Dividend Yield: 3% Steadfast Group's dividend payments are covered by earnings with a payout ratio of 80.7% and a cash payout ratio of 65.6%, indicating sustainability despite past volatility. The stock trades at a discount to its estimated fair value, but its dividend yield of 3.01% is below the top quartile in Australia. While dividends have grown over the last decade, insider selling raises concerns about future stability amidst executive changes focused on business solutions leadership. Click here to discover the nuances of Steadfast Group with our detailed analytical dividend report. The analysis detailed in our Steadfast Group valuation report hints at an inflated share price compared to its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Shaver Shop Group Limited is a retailer of personal care and grooming products operating in Australia and New Zealand, with a market cap of A$174.90 million. Operations: The company's revenue primarily comes from retail store sales of specialist personal grooming products, totaling A$219.37 million. Dividend Yield: 7.6% Shaver Shop Group's dividends are covered by earnings with a payout ratio of 87% and a cash payout ratio of 48.1%, suggesting sustainability despite an unstable track record over the past eight years. Trading significantly below its fair value estimate, it offers an attractive dividend yield of 7.64%, placing it in the top quartile in Australia. However, recent insider selling and volatility in dividend payments may concern investors seeking reliability. Navigate through the intricacies of Shaver Shop Group with our comprehensive dividend report here. The analysis detailed in our Shaver Shop Group valuation report hints at an deflated share price compared to its estimated value. Unlock more gems! Our Top ASX Dividend Stocks screener has unearthed 29 more companies for you to here to unveil our expertly curated list of 32 Top ASX Dividend Stocks. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:NCK ASX:SDF and ASX:SSG. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
