How to buy Skycity Entertainment shares

SkyCity Entertainment Group Limited is a resorts & casinos business based in Australia. Skycity Entertainment shares (SKC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Skycity Entertainment has a market cap (total outstanding shares value) of $2.4 billion.

How to buy shares in Skycity Entertainment

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 Skycity Entertainment. Find the share by name or ticker symbol: SKC. 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 Skycity Entertainment 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 Skycity Entertainment. 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.

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Skycity Entertainment share price

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Superhero share trading		AUD $5	No	ASX shares, ETFs	Pay zero brokerage on all Australian ETFs. Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.	Go to site More Info	Compare	loading Fetching your data...
Bell Direct Share Trading Finder Award		AUD $15	No	ASX shares, mFunds, ETFs	Exclusive: New customers who open an account with Bell Direct through Finder will pay no brokerage fees on the first five stock or ETF trades until April 30, 2021 (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.	Go to site More Info	Compare	loading Fetching your data...
IG Share Trading Finder Award		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.	Go to site More Info	Compare	loading Fetching your data...
CMC Markets Stockbroking Finder Award		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.	Go to site More Info	Compare	loading Fetching your data...
ANZ Share Investing		AUD 19.95	No	ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants	Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments. Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.	More Info	Compare	loading Fetching your data...
Westpac Online Investing Account		AUD 19.95 or 0.11%	USD 63.50 per year on the global markets account	ASX shares, Global shares, Options trading, ETFs	More Info	Compare	loading Fetching your data...

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Is it a good time to buy Skycity Entertainment 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.

Is Skycity Entertainment under- or over-valued?

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

Skycity Entertainment's P/E ratio

Skycity Entertainment's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Skycity Entertainment shares trade at around 18x 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.

Skycity Entertainment share dividends

We're not expecting Skycity Entertainment to pay a dividend over the next 12 months.

Have Skycity Entertainment's shares ever split?

Skycity Entertainment's shares were split on 5 March 2008.

Skycity Entertainment share price volatility

Over the last 12 months, Skycity Entertainment's shares have ranged in value from as little as $1.64 up to $3.3. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Skycity Entertainment's is 1.3202. This would suggest that Skycity Entertainment's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Skycity Entertainment overview

SkyCity Entertainment Group Limited, together with its subsidiaries, operates in the gaming, entertainment, hotel, convention, hospitality, and tourism sectors in New Zealand and Australia. It operates through Skycity Auckland, Other New Zealand Operations, SkyCity Adelaide, and International Business segments. The company engages in the hotels and convention, food and beverage, car parking, sky tower, property investment, and other related activities. It also operates casinos in Auckland, Hamilton, Queenstown, and Wharf, New Zealand; and Adelaide, Australia, as well as various restaurants, bars, and conference facilities. As of June 30, 2020, the company operated 273 table games, 3,204 electronic gaming machines, 307 automated table games, 19 restaurants, 14 bars, and 635 hotel rooms. The company was incorporated in 1994 and is headquartered in Auckland, New Zealand.

Frequently asked questions

• What percentage of Skycity Entertainment is owned by insiders or institutions?

  Currently 12.789% of Skycity Entertainment shares are held by insiders and 41.678% by institutions.

• When does the fiscal year end for Skycity Entertainment?

  Skycity Entertainment's fiscal year ends in June.

• Where is Skycity Entertainment based?

  Skycity Entertainment's address is: SkyCity HQ, Auckland, New Zealand, 1010

• What is Skycity Entertainment's ISIN number?

  Skycity Entertainment's international securities identification number is: NZSKCE0001S2