Wharf Real Estate Investment Co Ltd (1997)

Currency in HKD
32.08
+2.08(+6.93%)
Closed·
Unusual trading volume
High dividend Yield
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Fair Value
Day's Range
30.6832.48
52 wk Range
20.2634.82
Key Statistics
Bid/Ask
32.08 / 32.10
Prev. Close
30
Open
30.7
Day's Range
30.68-32.48
52 wk Range
20.26-34.82
Volume
18.1M
Average Volume (3m)
5.38M
1-Year Change
35.8171%
Fair Value
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Fair Value Upside
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1997 Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
33.73
Upside
+5.13%
Members' Sentiments
Bearish
Bullish
ProTips
RSI suggests the stock is in overbought territory
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

8 Buy
2 Hold
1 Sell
Ratings:
11 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 33.73
(+5.13% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
CLSA
Buy42.20+31.55%40.00Maintain07-08-2026
JPMorgan
Buy35.70+11.28%23.00Upgrade07-08-2026
JPMorgan
Hold23.00-28.30%29.00Downgrade31-03-2026
JPMorgan
Buy29.00-9.60%27.50Maintain11-03-2026
CLSA
Buy40.00+24.69%18.80Upgrade11-03-2026

Wharf Real Estate Investment Co Ltd Earnings Call Summary for H1/2026

  • Wharf REIC raised interim dividend 42% to HKD 0.94/share, lifting payout ratio to 90% from 65%; shares surged 13.72% to $30 on the news.
  • H1 underlying net profit rose 6% YoY; recurring core profit up 3% aided by 26% lower borrowing costs saving ~HKD 200M annually.
  • Net debt cut to record lows with HKD 22.8B reduction since 2020; expected to fall to ~HKD 20B by year-end post Singapore asset sale.
  • Flagship Harbour City retail sales grew mid-teens, 50% above Hong Kong market average; office occupancy improved to 93% vs. market levels.
  • Management expects H2 retail performance to exceed prior year despite June weakness; no major capex planned that would strain cash flow.
Last Updated: 06-08-2026, 11:02 pm
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Earnings

Latest Release
10-03-2026
EPS / Forecast
-0.61 / 1.05
Revenue / Forecast
6.41B / --
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -0.67%
Dividend Yield
4.40%
Industry Median 5.57%
Annualised payout
1.32
Paid annually
5-Years Growth
-2.13%
Growth Streak

1997 Income Statement

Compare 1997 to Peers and Sector

Metrics to compare
1997
Peers
Sector
Relationship
P/E Ratio
−48.1x−3.8x8.7x
PEG Ratio
0.14−0.120.01
Price/Book
0.5x0.2x0.9x
Price / LTM Sales
7.6x3.8x4.0x
Upside (Analyst Target)
9.1%23.6%18.6%
Fair Value Upside
Unlock−2.5%1.8%Unlock

Wharf Real Estate Investment Company Limited, an investment holding company, develops, owns, and operates properties and hotels in Hong Kong, Mainland China, and Singapore. It operates through Investment Properties, Development Properties, Hotel, and Investment segments. The company’s properties include Harbour City, a commercial space comprising offices, retail shops, serviced apartments, hotels and clubs, and car parking spaces; and Times Square, a retail space that consists of office and car parking spaces. It also owns and operates the Wheelock House and Crawford House commercial properties; The Murray hotel; Plaza Hollywood, a shopping mall with shops, restaurants, and a cinema multiplex; The Star Ferry, which operates two inner harbor ferry services; and Wheelock Place and Scotts Square malls. In addition, the company engages in the leasing and management of retail and office properties, and serviced apartments; property and equity investments; and provision of leasing, finance, treasury, public transport, and management services. The company was founded in 1886 and is headquartered in Kowloon, Hong Kong.

Employees
2900
Market
Hong Kong

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
356.12M11.73%11.42B
Other Institutional Investors
1.56B51.47%50.13B
Public Companies & Retail Investors
1.12B36.80%35.85B
Total
3.04B100.00%97.4B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Wheelock and Company Limited47.26%1,43,49,48,6514,60,33,153
The Wharf (Holdings) Limited4.18%12,69,62,00040,72,941

FAQ

What Is the Wharf Real Estate (1997) Share Price Today?

The Wharf Real Estate share price today is 32.08.

What is the current Wharf Real Estate (1997) share price and day range?

As of 08-08-2026, the Wharf Real Estate share price is 32.08, with a previous close of 30.00. The share price has ranged from 30.68 to 32.48 today, while the 52-week range spans from 20.26 to 34.82.

What Is the Wharf Real Estate Market Cap?

As of today, Wharf Real Estate market cap is 97.40B.

Does Wharf Real Estate Pay Dividends? What's The Current Dividend Yield?

The Wharf Real Estate dividend yield is 4.99%.

What Is the Wharf Real Estate (1997) Share Price Target?

The average 12-month share price target for Wharf Real Estate is 33.73, with a high estimate of 42.2 and a low estimate of 23. 8 analysts recommend buying, while 1 suggest selling, with an overall rating of Buy and +5.13% Upside potential.

What Is Wharf Real Estate's Earnings Per Share (TTM)?

The Wharf Real Estate EPS (TTM) is -0.67.

From a Technical Analysis Perspective, Is 1997 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

What Stock Exchange Does Wharf Real Estate Trade On?

Wharf Real Estate is listed and trades on the Hong Kong Stock Exchange.

What Is the Stock Symbol for Wharf Real Estate?

The stock symbol for Wharf Real Estate is "1997."

How Many Times Has Wharf Real Estate Stock Split?

Wharf Real Estate has split 0 times.

How Many Employees Does Wharf Real Estate Have?

Wharf Real Estate has 2900 employees.
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