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Dexus DXS Stock Quote

Morningstar Rating
| Rating as of

XASX: DXS

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Market Closed

| Currency in AUD

  • Last Close 7.19
  • Sector Real Estate
  • Industry REIT - Office
  • Investment Style Mid Value
  • Day Range 7.07  –  7.19
  • Year Range 7.04  –  8.77
  • Market Cap 7.7333 Bil
  • Volume / Avg 1.6 Mil /  3.1 Mil
  • Price / Sales 9.23
  • Price / Book 0.63
  • Forward Div Yield 5.94%
  • Trailing Div Yield 6.02%

Morningstar‘s Stock Analysis DXS

Valuation
Currency in —
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Is it the right time to buy or sell?
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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Dexus Earnings: Making Headway Amid Tough Office Conditions, but Dexus Is More Than Just Offices

Alexander Prineas Equity Analyst

Analyst Note

| Alexander Prineas |

Dexus’ fiscal 2023 result was broadly in line with our expectations. Funds from operations, or FFO, was AUD 64.0 cents per share, and distributions were 51.6 cents, at the upper end of guidance and marginally above our estimates. Our distribution estimate for fiscal 2024 is 48.0 cents per share, in line with guidance, driven by lower trading profits. Excluding trading profits, management expects adjusted funds from operations, or AFFO, to be roughly in line with fiscal 2023.

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Key Statistics DXS

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Company Profile DXS

Business Description

Dexus is a major Australian property owner, developer, and manager. It owns a large, high-grade office portfolio and a smaller industrial portfolio in Australia. It also manages properties on behalf of third-party investors. Dexus was formed by the merger of Deutsche Office, Industrial and Diversified Trusts. Management is internal, as opposed to external, as it is for some peers.

Contact
Level 30, 50 Bridge Street
Sydney, NSW, 2000, AUS
Sector Real Estate
Industry REIT - Office
Employees 647

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Competitors & Peers DXS

More on DXS’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of DXS’s competitive advantage.

Dexus

XASX: DXS

Cromwell Property Group

XASX: CMW

GPT Group

XASX: GPT

Mirvac Group

XASX: MGR
Price
7.190.414.002.16
Currency
AUDAUDAUDAUD
Change
+$0.03 (0.42%) $0.00 (0.00%) +$0.03 (0.76%) +$0.01 (0.47%)
Market Cap
7.73 Bil1.06 Bil7.66 Bil8.52 Bil
Industry
REIT - Office REIT - Office REIT - Diversified REIT - Diversified
Sector
Real Estate
Real Estate
Real Estate
Real Estate

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Dexus Stock

Yes. DXS has a forward dividend yield of 6.56%. See DXS’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

DXS’s market cap is 7.73 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

DXS’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

DXS’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare DXS’s historical performance against its industry peers and the overall market.