COF.AX Centuria Office REIT ASX A$1.08 30 Jan 2026: Feb 4 results eye dividend path
COF.AX stock trades around A$1.08 intraday on the ASX on 30 Jan 2026 as investors focus on Centuria Office REIT’s upcoming results on 4 Feb 2026. The office REIT is carrying a market cap of A$636.16M and a reported annual dividend of A$0.10, making payout signals central to the earnings call. We use Meyka AI’s real-time data and sector context to flag what management needs to show to defend the near 9.5% yield and stabilise the unit price.
COF.AX stock: intraday snapshot and what moved price
Centuria Office REIT (COF.AX) opened at A$1.07 and is trading near A$1.08 with a day range of A$1.07–A$1.08 and volume at 976,504. Price sits below the 50-day average of A$1.13 and 200-day average of A$1.20, signalling short-term weakness ahead of earnings. The unit is close to its year low of A$1.07 and well below the year high of A$1.32, so intraday moves reflect cautious positioning into the report.
Earnings preview: what investors will watch on 4 Feb
Investors will focus on rental reversion, occupancy metrics and guidance for distributions when Centuria reports on 4 Feb 2026. Key data points to watch are like-for-like rent growth, office leasing spreads and any changes to distribution guidance given the REIT’s EPS of -0.03 and negative net margin. One clear trigger would be an update on capital management or asset sales to support the quarterly payout of A$0.10 per share.
Financials, dividend metrics and Meyka AI grade
Centuria Office REIT shows book value per share A$1.67, debt-to-equity 0.91, and dividend yield ~9.48% (TTM). Liquidity ratios are tight with current ratio 0.33, and interest coverage near 2.79, so earnings must reassure on cash flow cover. Meyka AI rates COF.AX with a score out of 100: 62/100 — Grade B — HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Valuation, forecasts and price targets
Valuation metrics show PB ratio 0.64 and EV/EBITDA ~41.35, reflecting asset value but low earnings. There is no consensus sell-side price target available in our feed. Meyka AI’s forecast model projects a yearly price of A$1.19. Versus the current price (AUD 1.075), that implies an upside of 10.86%. Forecasts are model-based projections and not guarantees.
Technicals and market context for the Real Estate sector
Momentum tools are muted: RSI 44.61, MACD near neutral and ADX 14.84 indicating no clear trend. Volume is slightly below average (relVolume 0.86). The ASX Real Estate sector has underperformed slightly year-to-date, so COF.AX moves will track sector sentiment and rate expectations for office leasing demand across Australia.
Risks, catalysts and what to watch after earnings
Key risks include weaker leasing outcomes, rising funding costs and any downward change to distribution guidance. Catalysts that could lift the stock are better-than-expected rent reversion, confirmed occupancy stability, or active capital recycling. After the Feb 4 report, watch guidance updates, transaction activity and any commentary on the pipeline for office asset upgrades.
Final Thoughts
Centuria Office REIT (COF.AX) arrives at the 4 Feb 2026 results with a heavy focus on income credibility. The unit trades near A$1.08 intraday on the ASX and offers a high trailing yield driven by a A$0.10 annual distribution. Meyka AI’s forecast model projects a yearly price of A$1.19 versus the current price (AUD 1.075), implying an estimated 10.86% upside if the REIT hits expected leasing and distribution metrics. That upside assumes stable funding and no surprise asset impairments. Investors should weigh the B (62/100) Meyka grade and the REIT’s tight liquidity ratios against the yield, and watch the Feb 4 earnings for clear guidance on distribution sustainability. All forecasts are model-based projections and not guarantees; use the report to confirm cash flow cover before adjusting positions.
FAQs
When does Centuria Office REIT report earnings and why does it matter for COF.AX stock?
Centuria reports on 4 Feb 2026. The result matters because it will update rent reversion, occupancy and guidance that drive the REIT’s A$0.10 quarterly payout and influence COF.AX stock direction.
What is Meyka AI’s view on COF.AX performance?
Meyka AI assigns COF.AX a B (62/100) and suggests HOLD. The score balances asset value and yield against weaker earnings, tight liquidity and sector headwinds.
What upside does the Meyka AI forecast imply for COF.AX?
Meyka AI’s yearly forecast is A$1.19. Compared with the current price (AUD 1.075), that implies an approximate 10.86% upside. Forecasts are model-based projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.