What drove the HY26 results for COF.AX stock?

HY26 results were driven by a **A$42.80m** valuation gain and stable rents. Higher finance costs reduced margin headroom but distributions were sustained at **90.20%**, supporting the income profile of COF.AX stock.

How does Centuria Office REIT’s balance sheet affect COF.AX stock?

Centuria’s leverage is meaningful: **debt to equity 0.91**, **net debt/EBITDA 24.15**, and **interest cover 2.79x**. These figures increase sensitivity to higher rates and are a primary risk for COF.AX stock’s price and dividend.

What price targets and forecast exist for COF.AX stock?

Meyka AI projects **yearly A$1.19**, implying **+12.44%** from **A$1.06**. Scenario targets: conservative **A$0.95**, base **A$1.20**, bullish **A$1.30**. Forecasts are model-based and not guarantees.

Should income investors consider COF.AX stock now?

Income investors may be attracted by the high trailing yield (**9.53%**), but they must accept balance-sheet risk and distribution sensitivity. Monitor leasing updates and financing guidance before increasing exposure to COF.AX stock.

AU Stocks

Pre-market COF.AX Centuria REIT Feb 2026 HY26: Distribution steady, leverage

ByDanny Kontos February 4, 2026

COF.AX stock opened pre-market after Centuria Office REIT reported a stable H1 2026 with a A$42.80m valuation gain and a distribution payout ratio of 90.20%. The half-year update kept distributions intact despite higher finance costs and a cautious tone on leverage. Investors should weigh a A$1.06 share price, market cap A$633.18m, and a sector backdrop where office demand is selective. This earnings spotlight links the HY26 results to near-term price sensitivity and dividend sustainability.