What drove the GMG.AX stock move pre-market on 20 Feb 2026?

GMG.AX stock moved after results showing strong revenue growth but mixed margin and valuation cues. Traders reacted to details on leasing, development margins and guidance. Volume rose to **8,005,558.00**, signalling earnings-driven flows.

How does Meyka AI view GMG.AX stock valuation?

Meyka AI scores GMG.AX **67.81/100** (Grade B, HOLD). The stock trades at PE **36.53** and PB **2.65**, above some sector metrics. The model year forecast is **A$28.30**, implying limited upside versus today’s price.

What are realistic price targets for GMG.AX stock?

We outline three targets: Conservative **A$26.00**, Base **A$29.00**, Bull **A$34.00**. Targets reflect PE compression, cash flows and development value. Use them with risk management and note forecasts are not guarantees.

Should income investors buy GMG.AX stock for dividends?

GMG.AX stock pays **A$0.30** per share, around **0.97%** yield. Dividend strength links to property performance and payout ratio **34.30%**. Income investors should weigh yield against price volatility and growth prospects.

AU Stocks

GMG.AX Goodman Group (ASX) 20 Feb 2026 pre-market: strong revenue, watch margins

ByDanny Kontos February 19, 2026February 19, 2026

GMG.AX stock opens pre-market after a results-led update showing revenue strength but mixed margin signals on 20 Feb 2026. Goodman Group (GMG.AX) reported strong top-line momentum in the latest period and the market priced the stapled group at A$29.82 early. Investors will watch earnings details, leasing reversion and development margins as drivers of near-term returns for the ASX-listed REIT in Australia.