How to buy Mirvac shares

Own Mirvac shares in just a few minutes.

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Mirvac Group is a reit-office business based in Australia. Mirvac shares (MGR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Mirvac has a trailing 12-month revenue of around $1.9 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Mirvac

  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 Mirvac. Find the share by name or ticker symbol: MGR. 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 Mirvac 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 Mirvac. 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.

Mirvac share price

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

Mirvac shares at a glance

Information last updated 2021-06-17.
52-week range$1.9749 - $3.01
50-day moving average $2.8144
200-day moving average $2.5757
Target price$2.45
PE ratio 33.6782
Dividend yield $0.078 (2.64%)
Earnings per share (TTM) $0.087

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
Superhero share trading
AUD $5
No
ASX shares, ETFs
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AUD $8
No
ASX shares, ETFs
Limited offer: Get 5 free ASX trades when you open a new account with ThinkMarkets before June 30, 2021 (T&Cs apply).
Buy and sell CHESS sponsored ASX shares with $0 brokerage on your first 5 trades. Only $8 flat fee brokerage thereafter, plus enjoy free live stock price data on an easy to use mobile app.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
⭐ Finder Exclusive: Get 5 free stock trades and unlimited ETF trades until July 31, 2021 when you join Bell Direct.
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.
IG Share Trading
Finder Award
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.
Saxo Capital Markets (Classic account)
AUD $6.99
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Acess 19,000+ stocks on 37 exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Stockbroking
AUD $11 or 0.1%
No
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.
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Is it a good time to buy Mirvac 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.

Mirvac price performance over time

Historical closes compared with the last close of A$2.91

1 week (2021-06-10) -2.35%
1 month (2021-05-20) 4.30%
3 months (2021-03-19) 20.25%
6 months (2020-12-18) 8.99%
1 year (2020-06-19) 24.36%
2 years (2019-06-20) -7.91%
3 years (2018-06-20) 31.08%
5 years (2016-06-20) 44.06%

Is Mirvac under- or over-valued?

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

Mirvac's P/E ratio

Mirvac's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 34x. In other words, Mirvac shares trade at around 34x recent earnings.

That's comparable to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14).

Mirvac's EBITDA

Mirvac's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $644 million.

The EBITDA is a measure of a Mirvac's overall financial performance and is widely used to measure a its profitability.

Mirvac financials

Revenue TTM $1.9 billion
Operating margin TTM 29.6%
Gross profit TTM $1 billion
Return on assets TTM 2.37%
Return on equity TTM 3.35%
Profit margin 17.52%
Book value 2.615
Market capitalisation $23.1 billion

TTM: trailing 12 months

Mirvac's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Mirvac.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Mirvac's total ESG risk score

Total ESG risk: 15.14

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Mirvac's overall score of 15.14 (as at 12/31/2018) is excellent – landing it in it in the 9th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Mirvac is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Mirvac's environmental score

Environmental score: 6.88/100

Mirvac's environmental score of 6.88 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Mirvac is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Mirvac's social score

Social score: 7.06/100

Mirvac's social score of 7.06 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Mirvac is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Mirvac's governance score

Governance score: 11.2/100

Mirvac's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Mirvac is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Mirvac's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Mirvac scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Mirvac has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Mirvac Group was last rated for ESG on: 2019-01-01.

Total ESG score 15.14
Total ESG percentile 8.92
Environmental score 6.88
Environmental score percentile 8
Social score 7.06
Social score percentile 8
Governance score 11.2
Governance score percentile 8
Level of controversy 2

Mirvac share dividends

87%

Dividend payout ratio: 86.67% of net profits

Recently Mirvac has paid out, on average, around 86.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.64% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Mirvac shareholders could enjoy a 2.64% return on their shares, in the form of dividend payments. In Mirvac's case, that would currently equate to about A$0.078 per share.

Mirvac's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 29 December 2020 (the "ex-dividend date").

Have Mirvac's shares ever split?

Mirvac's shares were split on a 110:100 basis on 8 June 2009. So if you had owned 100 shares the day before before the split, the next day you'd have owned 110 shares. This wouldn't directly have changed the overall worth of your Mirvac shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for Mirvac shares which in turn could have impacted Mirvac's share price.

Mirvac share price volatility

Over the last 12 months, Mirvac's shares have ranged in value from as little as $1.9749 up to $3.01. A popular way to gauge a stock's volatility is its "beta".

MGR.AU volatility(beta: 1.01)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 Mirvac's is 1.0094. This would suggest that Mirvac'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).

Mirvac overview

Mirvac is an Australian property group with a clearly defined purpose to reimagine urban life. By creating beautiful homes, inspiring workplace precincts and thriving shopping centres, we aim to make a positive contribution to our cities and communities. Mirvac was founded in 1972, which means we've been shaping Australia's urban landscape for almost fifty years. Of course, we've evolved a lot over that time ? growing from a small joint venture to become a thriving ASX-listed property group that leads the way in innovation, sustainability and placemaking. Renowned for the quality of our products, we've created some of Australia's most iconic places and precincts, from thriving masterplanned communities, to landmark offices including our own headquarters at EY Centre, 200 George Street, Sydney. At the heart of every project there exists a deep commitment to our customers and communities.

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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