Growthpoint Properties Ltd (GRTJ)

Currency in ZAR
1,597
-2(-0.13%)
Closed·
High dividend Yield
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Fair Value
Day's Range
1,5881,603
52 wk Range
1,4551,901
Key Statistics
Bid/Ask
1,555.00 / 1,635.00
Prev. Close
1,599
Open
1,600
Day's Range
1,588-1,603
52 wk Range
1,455-1,901
Volume
7.1M
Average Volume (3m)
6.83M
1-Year Change
7.2532%
Fair Value
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Fair Value Upside
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GRTJ Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
1,758
Upside
+10.08%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth

Growthpoint Properties Ltd News & Analysis

Technical Analysis

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

Analyst Ratings

1 Buy
3 Hold
1 Sell
Ratings:
5 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 1,758
(+10.08% Upside)

Growthpoint Properties Ltd Earnings Call Summary for H2/2026

  • Distributable income per share rose 4.3% to 152.6 cents; dividend up 7.4% to 133 cents with payout ratio climbing to 87.5% from 85%.
  • South African net property income grew 4.4% like-for-like; company sold ZAR 4.9B assets, invested ZAR 1.3B, reducing portfolio to 302 properties.
  • Loan-to-value improved to 38.7% from 40%; net asset value per share up 3.8%; total assets reached ZAR 160B, rising 2.8% year-over-year.
  • FY2027 dividend growth guidance slashed to just 1-3%, citing Gauteng office weakness with 18.6% vacancy and negative 10.2% rental reversion.
  • CEO Sasse called Gauteng office 'the Achilles heel'; higher Australian hedging costs doubled to 4%; slower reinvestment pace to pressure earnings.
Last Updated: 10/09/2026, 14:12
Read Full Transcript

Earnings

Latest Release
Sep 09, 2026
EPS / Forecast
1.51 / --
Revenue / Forecast
6.13B / --
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.22%
Dividend Yield
8.35%
Industry Median 6.94%
Annualised payout
133.50
Paid unevenly
5-Years Growth
+2.41%
Growth Streak

GRTJ Income Statement

Compare GRTJ to Peers and Sector

Metrics to compare
GRTJ
Peers
Sector
Relationship
P/E Ratio
7.1x8.7x8.5x
PEG Ratio
0.180.080.01
Price/Book
0.8x0.9x0.9x
Price / LTM Sales
4.2x4.8x3.9x
Upside (Analyst Target)
10.0%10.0%23.4%
Fair Value Upside
Unlock4.8%2.7%Unlock

Growthpoint Properties Limited is an international property company that provides space to thrive incorporating innovative and sustainable property solutions. Growthpoint is the largest South African (SA) primary JSE-listed REIT with a quality portfolio of 492 properties across three major business units: Directly held – SA portfolio, Offshore investments, Third-party fund management business – Growthpoint Investment Partners (GIP). Growthpoint Properties Limited was incorporated on 12th October 1987 in South Africa.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
1.15B33.84%18.03B
Other Institutional Investors
2.45B66.16%38.49B
Public Companies & Retail Investors
0.000.00%0.00
Total
3.59B100.00%56.53B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
South Africa Government Employee Pension Fund21.08%714,264,12811,235,375
Public Investment Corporation Limited21.08%714,264,12811,235,375

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FAQ

What Is the Growthpoint Properties (GRTJ) Stock Price Today?

The Growthpoint Properties stock price today is 1,597 ZAR.

What Stock Exchange Does Growthpoint Properties Trade On?

Growthpoint Properties is listed and trades on the Johannesburg Stock Exchange.

What Is the Stock Symbol for Growthpoint Properties?

The stock symbol for Growthpoint Properties is "GRTJ."

What Is the Growthpoint Properties Market Cap?

As of today, Growthpoint Properties market cap is 54.15B ZAR.

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

The Growthpoint Properties EPS (TTM) is 2.

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

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

How Many Times Has Growthpoint Properties Stock Split?

Growthpoint Properties has split 3 times.

How Many Employees Does Growthpoint Properties Have?

Growthpoint Properties has 598 employees.

What is the current trading status of Growthpoint Properties (GRTJ)?

As of Sep 16, 2026, Growthpoint Properties (GRTJ) is trading at a price of 1,597 ZAR, with a previous close of 1,599 ZAR. The stock has fluctuated within a day range of 1,588 ZAR to 1,603 ZAR, while its 52-week range spans from 1,455 ZAR to 1,901 ZAR.

What Is Growthpoint Properties (GRTJ) Price Target According to Analysts?

The average 12-month price target for Growthpoint Properties is 1,758 ZAR, with a high estimate of 1900 ZAR and a low estimate of 1600 ZAR. 1 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Neutral. The stock has an +10.08% Upside potential.
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