Company Rural Funds Group

Equities

RFF

AU000000RFF5

Specialized REITs

Market Closed - Australian S.E. 02:10:44 2024-04-19 am EDT 5-day change 1st Jan Change
1.95 AUD -0.76% Intraday chart for Rural Funds Group -1.52% -8.02%

Business Summary

Rural Funds Group is an Australia-based real estate investment trust (REIT). The Company owns a diversified portfolio of agricultural assets that are leased predominantly to corporate agricultural operators. It is primarily engaged in the development and leasing of agricultural properties and equipment. The Company leases almond orchards, macadamia orchards, vineyards, cattle properties, cropping properties, agricultural plants and equipment, cattle, and water rights. The Company holds three almond orchards approximately 4,068 planted hectares; six vineyards approximately 636 planted hectares; 13 macadamia orchards approximately 1,906 planted hectares; seven properties with areas to be developed into macadamia orchards with 2,520 hectares; 23 cattle properties made up of 18 breeding, backgrounding, and finishing properties and five cattle feedlots with a combined capacity of 150,000 head, and 15 cropping properties approximately 14,573 hectares.

Sales per Business

AUD in Million2022Weight2023Weight Delta
Almonds
43.4 %
28 51.6 % 29 43.4 % +3.10%
Cattle
26.5 %
14 25.9 % 18 26.5 % +25.59%
Macadamias
14.2 %
1 2.4 % 10 14.2 % +614.23%
Vineyards
7.1 %
4 7.5 % 5 7.1 % +15.94%
Cropping
5.1 %
4 8.0 % 3 5.1 % -22.39%
Other
3.8 %
3 4.5 % 3 3.8 % +3.36%

Sales per region

AUD in Million2022Weight2023Weight Delta
Australia
100.0 %
55 100.0 % 68 100.0 % +22.71%

Managers

Managers TitleAgeSince
Founder - 97-02-16
Corporate Secretary - 07-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 10-04-14
Chairman - 10-04-14
Founder - 97-02-16
Director/Board Member - 21-10-31
Director/Board Member - 17-02-14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 386,810,238 376,506,298 ( 97.34 %) 0 97.34 %

Shareholders

NameEquities%Valuation
Argo Investments Ltd. (Investment Management)
5.399 %
20,925,883 5.399 % 29 M $
15,611,671 4.028 % 21 M $
MFS International Singapore Pte. Ltd.
1.540 %
5,967,623 1.540 % 8 M $
Netwealth Investments Ltd.
1.298 %
5,028,683 1.298 % 7 M $
DWS Grundbesitz GmbH
0.9154 %
3,547,916 0.9154 % 5 M $
One Investment Group Pty Ltd.
0.7226 %
2,800,722 0.7226 % 4 M $
2,044,710 0.5276 % 3 M $
Sccasp Holdings Pty Ltd.
0.4291 %
1,663,073 0.4291 % 2 M $
Charter Hall Wholesale Management Ltd.
0.3580 %
1,387,615 0.3580 % 2 M $
Sumitomo Mitsui DS Asset Management (Hong Kong) Ltd.
0.3177 %
1,231,414 0.3177 % 2 M $

Company contact information

Rural Funds Group

2 King Street Level 2

2600, Deakin

+

http://www.ruralfunds.com.au/investments/rural-funds-group
address Rural Funds Group(RFF)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
1.965 AUD
Average target price
2.22 AUD
Spread / Average Target
+12.99%
Consensus

Annual profits - Rate of surprise

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