MACQUARIE RESEARCH Maintains Charter Hall Group (ASX:CHC) Outperform Recommendation

Fintel reports that on June 5, 2023, MACQUARIE RESEARCH maintained coverage of Charter Hall Group (ASX:CHC) with a Outperform recommendation.

Analyst Price Forecast Suggests 37.36% Upside

As of May 13, 2023, the average one-year price target for Charter Hall Group is 15.10. The forecasts range from a low of 13.38 to a high of $16.43. The average price target represents an increase of 37.36% from its latest reported closing price of 10.99.

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The projected annual revenue for Charter Hall Group is 835MM, a decrease of 35.85%. The projected annual non-GAAP EPS is 0.94.

Charter Hall Group Maintains 3.81% Dividend Yield

At the most recent price, the company's dividend yield is 3.81%.

Additionally, the company's dividend payout ratio is 0.33. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.