FINWIRES · TerminalLIVE
FINWIRES

ASX:CHC

7 stories mentioning ASX:CHC

Every FINWIRES story that references ASX:CHC, newest first.

Asia

Charter Hall Group's Delivery of Third Fiscal-Year Profit Upgrade is 'Impressive,' Jefferies Says

Charter Hall Group's (ASX:CHC) delivery of a third profit upgrade for fiscal 2026 against the backdrop of an 0.8% rise in bond yields is "impressive," Jefferies said in a Monday note.The company recently increased its fiscal-year guidance for operating earnings to AU$1.03 per security from AU$1 previously, in line with Visible Alpha estimates and slightly ahead of Jefferies'.The upgrade represents a nearly 27% increase in fiscal 2025 operating earnings per security of AU$0.814.Additionally, the company said its financial year-to-date gross equity inflows total AU$6.5 billion, the highest in its 35-year history, up by AU$1.7 billion since the first half of the current fiscal year.The company also secured 25 new institutional investors over the past 18 months, with property funds under management increasing to AU$74.7 billion from AU$71.7 billion at the end of 2025.Jefferies upgraded its fiscal year 2026 to fiscal year 2028 operating earnings per share forecasts by 3% to 7%, expecting the company to hit AU$1.04 per security in the current fiscal year.Jefferies maintained its buy rating on Charter Hall Group and lifted its price target to AU$33.83 from AU$32.03.

ASX:CHC
Asia

Australian Shares Up; Charter Hall Group Raises Fiscal Year 2026 Guidance for Operating Earnings

Australian shares rose on Monday as oil prices fell over hopes of a resolution to the conflict in the Middle East.The S&P/ASX 200 Index rose 0.4%, or 35 points, to close at 8,692.Brent crude oil futures fell under the $100 mark to $97.75 per barrel. US President Donald Trump said he had told ​his representatives not to rush into any deal with Iran. Earlier, the President said the US and Iran had "largely negotiated" a memorandum of understanding on a deal to reopen the critical Strait of Hormuz.US consumer sentiment fell to a record low in May as higher energy prices intensified cost-of-living concerns.In company news, Charter Hall Group (ASX:CHC) increased its fiscal year 2026 guidance for operating earnings to AU$1.03 per security from AU$1 previously. The new outlook represents a nearly 27% increase on fiscal year 2025 operating earnings per security of AU$0.814.National Australia Bank (ASX:NAB) launched its first community hub in Werribee, Victoria, bringing together specialist banking support, fraud and scam experts, and community services under one roof, alongside The Salvation Army to provide early intervention and practical assistance for people experiencing financial stress.Lastly, Adore Beauty Group (ASX:ABY) said its revenue for the 47 weeks ended May 24 came in at AU$193.4 million, rising 7.4% over the prior corresponding period. The company provided a fiscal year 2027 revenue growth target of at least 10% and underlying earnings before interest, taxes, depreciation, and amortization guidance of AU$9 million to AU$13 million.

ASX 200ASX:ABYASX:CHCASX:NAB
Asia

Update: Charter Hall Group Raises Fiscal 2026 Guidance for Operating Earnings; Shares Up 6%

(Updates to add stock movement in the headline and last paragraph)Charter Hall Group (ASX:CHC) increased its fiscal 2026 guidance for operating earnings to AU$1.03 per security from AU$1 previously, according to a Monday filing with the Australian bourse.The new outlook represents a nearly 27% increase on fiscal 2025 operating earnings per security of AU$0.814.The company said its financial year-to-date gross equity inflows total AU$6.5 billion, up by AU$1.7 billion since the first half of fiscal 2026.Charter Hall Group also recorded the addition of 25 new institutional investors to its platform over the last 18 months, with property funds under management increasing to AU$74.7 billion from AU$71.7 billion at the end of 2025.The company continues to expect fiscal 2026 distribution per security to be 6% higher than fiscal 2025.The company's shares rose around 6% in recent Monday trade.

ASX:CHC
Asia

ASX Preview: Australian Shares Set to Fall on US-Iran Talks Uncertainty; Charter Hall Group Raises Fiscal 2026 Guidance for Operating Earnings

Australian shares are poised to fall on Monday as investors weigh renewed uncertainty over US-Iran talks, with progress on a potential deal to reopen the Strait of Hormuz and address Iran's nuclear program still unclear.Sentiment is also being pressured by a sharp slide in oil prices amid concerns that escalating tensions in the Middle East could still disrupt global shipping routes and weigh on growth.On May 22, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average rose 0.4%, 0.2%, and 0.6%, respectively.In corporate news, Charter Hall Group (ASX:CHC) increased its fiscal year 2026 guidance for operating earnings to AU$1.03 per security from AU$1 previously.Beach Energy (ASX:BPT) agreed to sell its 50% interest in VIC/L35, containing the Artisan gas field in the offshore Otway Basin, to Amplitude Energy (ASX:AEL).Australia's benchmark index rose 0.4% or 35.3 points to close at 8,657 on May 22.

ASX 200ASX:AELASX:BPTASX:CHC
Asia

Charter Hall Group Raises Fiscal 2026 Guidance for Operating Earnings

Charter Hall Group (ASX:CHC) increased its fiscal 2026 guidance for operating earnings to AU$1.03 per security from AU$1 previously, according to a Monday filing with the Australian bourse.The new outlook represents a nearly 27% increase on fiscal 2025 operating earnings per security of AU$0.814.The company said its financial year-to-date gross equity inflows total AU$6.5 billion, up by AU$1.7 billion since the first half of fiscal 2026.Charter Hall Group also recorded the addition of 25 new institutional investors to its platform over the last 18 months, with property funds under management increasing to AU$74.7 billion from AU$71.7 billion at the end of 2025.The company continues to expect fiscal 2026 distribution per security to be 6% higher than fiscal 2025.

ASX:CHC
Asia

Abacus Group Denies Morgan Stanley Stake Sale Plan; Says No Talks With Charter Hall

Abacus Group (ASX:ABG) said a Morgan Stanley transaction referenced in media speculation published in The Australian has not proceeded, according to a Thursday Australian bourse filing.Morgan Stanley is planning to sell down about 20% stake of Abacus Group in Abacus Storage King (ASX:ASK), according to a Tuesday report by The Australian, citing sources.The report also noted that Charter Hall (ASX:CHC) has recently raised its stake in Abacus Group to above 5.8%, but Abacus said that there are no discussions with Charter Hall.

ASX:ABGASX:ASKASX:CHC
Asia

Lendlease Group Fund, Charter Hall Enter into Process on Sydney CBD Transactions

Lendlease Group's (ASX:LLC) managed fund, Australian Prime Property Fund Commercial, and Charter Hall Group (ASX:CHC) entered into a process on a series of transactions across the Spring and O'Connell Street precinct in Sydney's central business district, according to a Friday statement.The first transaction phase includes the completed exchange of contracts on 19, O'Connell Street and strata lots within 23, O'Connell Street.Charter Hall also accepted a pre-emptive offer for the remaining interests in 1, O'Connell Street, 8, 10, 16, Spring Street, and the remaining strata lots in 23, O'Connell Street due to an exchange in the coming weeks.Following the divestment, the fund will focus on its portfolio of office assets, per the statement.Shares of both firms fell 1% in recent trading on Friday.

ASX:CHCASX:LLC