How to buy Carindale Property (CDP) shares

Learn how to easily invest in Carindale Property shares.

Carindale Property Trust
- A$0.03 ( - 0.63%)

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Carindale Property Trust is a reit-retail business based in Australia. Carindale Property shares (CDP) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Carindale Property has a trailing 12-month revenue of around $50.1 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Carindale Property

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Carindale Property. Find the share by name or ticker symbol: CDP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Carindale Property reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Carindale Property. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Carindale Property stock price (ASX:CDP)

Use our graph to track the performance of CDP stocks over time.

Carindale Property shares at a glance

Information last updated 2021-10-23.
52-week range$3.2893 - $4.79
50-day moving average $4.4439
200-day moving average $4.3979
Target price$5.58
PE ratio 8.3837
Dividend yield $0.23 (4.95%)
Earnings per share (TTM) $0.563

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
AUD $5
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
ThinkMarkets Share Trading
AUD $8
ASX shares
Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets before 31 December 2021(T&Cs apply). $8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Bell Direct Share Trading
AUD $15
ASX shares, mFunds, ETFs
Finder Exclusive: Get 5 free stock trades and unlimited ETF trades until 31 Dec 2021, when you join Bell Direct. T&Cs apply.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
SelfWealth (Basic account)
AUD $9.5
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Saxo Capital Markets (Classic account)
AUD $5
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
AUD $11 or 0.1%
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.

Compare up to 4 providers

Is it a good time to buy Carindale Property stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Carindale Property price performance over time

Historical closes compared with the last close of A$4.73

1 week (2021-10-20) 0.64%
1 month (2021-09-28) 7.50%
3 months (2021-07-28) 10.00%
6 months (2021-04-28) 10.77%
1 year (2020-10-27) 33.24%
2 years (2019-10-25) -23.09%
3 years (2018-10-26) -39.28%
5 years (2016-10-27) -38.57%

Is Carindale Property under- or over-valued?

Valuing Carindale Property stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Carindale Property's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Carindale Property's P/E ratio

Carindale Property's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Carindale Property shares trade at around 8x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Carindale Property financials

Revenue TTM $50.1 million
Operating margin TTM 61.05%
Gross profit TTM $31 million
Return on assets TTM 2.55%
Return on equity TTM 8.67%
Profit margin 78.66%
Book value 6.662
Market capitalisation $336.5 million

TTM: trailing 12 months

Carindale Property share dividends


Dividend payout ratio: 41.07% of net profits

Recently Carindale Property has paid out, on average, around 41.07% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.87% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Carindale Property shareholders could enjoy a 4.87% return on their shares, in the form of dividend payments. In Carindale Property's case, that would currently equate to about A$0.23 per share.

While Carindale Property's payout ratio might seem fairly standard, it's worth remembering that Carindale Property may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 28 June 2021 (the "ex-dividend date").

Carindale Property share price volatility

Over the last 12 months, Carindale Property's shares have ranged in value from as little as $3.2893 up to $4.79. A popular way to gauge a stock's volatility is its "beta".

CDP.AU volatility(beta: 1.09)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Carindale Property's is 1.0912. This would suggest that Carindale Property's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Carindale Property overview

Westfield Carindale is situated in an affluent quarter of Brisbane's south-eastern suburbs approximately 12 kilometres from the Brisbane CBD. The centre services a trade area population of approximately 690,000 with the nearby Gateway Motorway offering residents to the north and south of the centre convenient access. One of the city's leading retail and lifestyle destinations, Westfield Carindale is home to many of Australia's most well-known retailers including David Jones, Myer, Harris Scarfe, Big W, Target, Coles, Woolworths, ALDI and Apple, as well as a host of premium fashion brands. An Event Cinemas complex and a range of other retailers including approximately 400 specialty stores complete the retail offer while the adjoining Carindale Home & Leisure Centre offers bulky goods retail.

Carindale Property in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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