Mirvac Group
MGR: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|>c | LOCK|$Jt | LOCK|H$m<xQ^ |
Mirvac Earnings: Home Sales Appear More Resilient Than We Thought
In fiscal 2026 Mirvac delivered operating earnings of AUD 12.9 cents per security, or cps, up 7% from last year. Management expects to settle 2,800 to 3,100 lots in fiscal 2027, versus 2,130 this year, sending the security price up 6%.
