Precinct Properties New Zealand Ltd (PCT)

Currency in NZD
1.073
+0.016(+1.51%)
Closed·
High dividend Yield
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Fair Value
Day's Range
1.0571.084
52 wk Range
0.9781.328
Key Statistics
Bid/Ask
1.015 / 1.02
Prev. Close
1.073
Open
1.063
Day's Range
1.057-1.084
52 wk Range
0.978-1.328
Volume
1.24M
Average Volume (3m)
1.29M
1-Year Change
-19.2%
Fair Value
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Fair Value Upside
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PCT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
1.225
Upside
+14.12%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Analyst Ratings

3 Buy
1 Hold
0 Sell
Ratings:
4 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 1.225
(+14.12% Upside)

Precinct Properties New Zealand Ltd Earnings Call Summary for H2/2026

  • Precinct reported FY26 FFO of NZD 0.0731/share, up 3% YoY and in line with guidance; shares fell 1.44% to $1.03 amid valuation pressures.
  • Record leasing activity of 38,000-40,000 sqm completed; portfolio occupancy held at 97% with weighted average lease term extending to 7.1 years.
  • Pro forma gearing improved to 29% following capital management; dividend unchanged at NZD 0.0675/share for FY27, disappointing growth-focused investors.
  • Management expects FFO growth acceleration from FY28 driven by new developments including 22 Stanley Street and partnership fee income contributions.
  • Downtown development remains strategic priority with 50% office space under exclusivity; earliest Stage 1 decision April 2027, targeting 2032 completion.
Last Updated: 08/27/2026, 07:00 AM
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Earnings

Latest Release
Aug 26, 2026
EPS / Forecast
-0.01 / --
Revenue / Forecast
151.2M / --
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -0.0049
Dividend Yield
12.22%
Industry Median 4.99%
Annualized payout
0.12
Paid unevenly
5-Years Growth
+0.76%
Growth Streak

PCT Income Statement

Compare PCT to Peers and Sector

Metrics to compare
PCT
Peers
Sector
Relationship
P/E Ratio
−214.8x9.6x8.0x
PEG Ratio
1.27−0.380.01
Price/Book
0.8x0.6x0.9x
Price / LTM Sales
6.3x4.4x3.6x
Upside (Analyst Target)
14.1%13.6%23.1%
Fair Value Upside
Unlock−4.0%2.6%Unlock

Precinct Properties New Zealand Limited, Precinct Properties Investments Limited is the largest owner, manager, developer and investment partner of premium city-centre real estate in Auckland and Wellington. Precinct’s markets span office, retail, flexible workspace and living, which includes purpose-built student accommodation and high-end, multi-unit residential development. As at 30 June 2026 on a pro forma basis following completion of the PwC Tower transaction, Precinct's directly held portfolio totals 3.0 billion dollars and Precinct has a further 2.2 billion dollars of committed capital partnering assets under management; Precinct is co-invested in 2.0 billion dollars of these assets, with the balance being managed on behalf of third-party partners. Precinct Properties New Zealand Limited, Precinct Properties Investments Limited was founded in 1997 and is based in Auckland, New Zealand, with an additional office in Wellington, New Zealand.

Employees
112

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
575.91M31.08%618.03M
Other Institutional Investors
1.03B55.54%1.10B
Public Companies & Retail Investors
247.91M13.38%266.04M
Total
1.85B100.00%1.99B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Milford Asset Management, LTD12.17%225,454,981241,941
Harbour Asset Management Limited12.12%224,484,351240,900

FAQ

What Is the Precinct Properties (PCT) Stock Price Today?

The Precinct Properties stock price today is 1.073 NZD.

What Stock Exchange Does Precinct Properties Trade On?

Precinct Properties is listed and trades on the New Zealand Exchange.

What Is the Stock Symbol for Precinct Properties?

The stock symbol for Precinct Properties is "PCT."

Does Precinct Properties Pay Dividends? What’s The Current Dividend Yield?

The Precinct Properties dividend yield is 12.2%%.

What Is the Precinct Properties Market Cap?

As of today, Precinct Properties market cap is 1.760B NZD.

What Is Precinct Properties's Earnings Per Share (TTM)?

The Precinct Properties EPS (TTM) is -0.0049.

From a Technical Analysis Perspective, Is PCT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Precinct Properties Stock Split?

Precinct Properties has split 3 times.

How Many Employees Does Precinct Properties Have?

Precinct Properties has 112 employees.

What is the current trading status of Precinct Properties (PCT)?

As of Nov 05, 2026, Precinct Properties (PCT) is trading at a price of 1.073 NZD, with a previous close of 1.073 NZD. The stock has fluctuated within a day range of 1.057 NZD to 1.084 NZD, while its 52-week range spans from 0.978 NZD to 1.328 NZD.

What Is Precinct Properties (PCT) Price Target According to Analysts?

The average 12-month price target for Precinct Properties is 1.225 NZD, with a high estimate of 1.275 NZD and a low estimate of 1.19 NZD. 3 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +14.12% Upside potential.
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