Vicinity Centres (CNRAF) Stock

About Vicinity Centres

Vicinity Centres, also known as Vicinity or the Group, stands as one of Australia's premier retail property groups. Leveraging a fully integrated asset management platform, the company oversees a substantial portfolio valued at A$24 billion in retail assets, encompassing 63 shopping centres. This extensive management firmly establishes it as the second-largest publicly traded manager of Australian retail real estate. Its direct holdings include interests in 60 shopping centres, notably the DFO Brisbane operation. Furthermore, Vicinity supervises 31 properties on behalf of strategic partners, co-owning 28 of these assets. Publicly listed on the Australian Securities Exchange (ASX) with the ticker 'VCX', Vicinity is supported by more than 28,000 securityholders. Additionally, the company's European medium-term notes are also traded on the ASX, identified by the code 'VCD'.

Vicinity Centres is headquartered in AU.

Vicinity Centres (CNRAF) stock trades at $1.85 with a market capitalization of $8.58B. The stock is valued at a price-to-earnings (P/E) ratio of 9.31, price-to-book of 1.05, price-to-sales of 9.38. Over the past 52 weeks the stock has ranged between $0.89 and $1.90, and currently trades 2.6% below its 52-week high. It pays a dividend yielding 4.86%.

On profitability, Vicinity Centres generates an operating margin of 62.74%, a net profit margin of 98.62%.

Official website: www.vicinity.com.au