Should I buy Lendlease stock in 2025?
Is Lendlease stock a buy right now?
Lendlease (LLC.AX), trading near $5.22 with daily volume averaging 1.53 million shares, stands out on the ASX as a leading property and infrastructure group amidst significant transformation. Recently, Lendlease reported its return to statutory profit, fueled by a record $341 million EBITDA in its IDC segment and a robust operating profit after tax of $122 million for the first half of 2025. These encouraging results follow an ambitious refocus strategy: divesting international construction, recycling capital from non-core assets, and concentrating future growth efforts in Australia. The company’s strong cash position of $2.6 billion and a targeted balance sheet strengthening reflect prudent management practices. Despite current technical headwinds and a share price below historic averages, market sentiment, as reflected in consensus among more than 27 national and international banks, signals confidence in the company’s turnaround plan. These institutions collectively set a 12-month target price for Lendlease around $6.80, implying room for appreciation. Within the real estate sector, where stability and cash returns are prized in uncertain macroeconomic conditions, Lendlease’s 2.98% dividend and disciplined restructuring make it a company that could merit closer attention from investors seeking recovery stories.
- Strong return to profitability and positive statutory earnings after previous losses.
- Strategic Australian focus and balance sheet strengthening expected to unlock long-term value.
- Robust liquidity with $2.6 billion available, enhancing financial resilience and flexibility.
- Attractive 2.98% dividend yield in a low-interest rate environment.
- Planned capital return via potential securities buyback boosts shareholder value.
- Execution of transformation plan requires sustained operational discipline.
- Current technical downtrend may delay a quick recovery in share price.
- What is Lendlease?
- How much is Lendlease stock?
- Our full analysis on Lendlease </b>stock
- How to buy Lendlease stock in Australia?
- Spot Buying
- Trading via CFD
- Final Advice
- Our 7 tips for buying Lendlease stock
- The latest news about Lendlease
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of Lendlease for more than three years. Every month, hundreds of thousands of Australians rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are intended for informational purposes only and do not constitute financial advice. In line with our ethical charter, we have never been, and will never be, paid by Lendlease.
What is Lendlease?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Australian | Headquarters in Sydney; strategic focus is shifting back to the local market. |
| 💼 Market | ASX (Australian Securities Exchange) | Listed since 1962; trades under the ticker LLC.AX. |
| 🏛️ ISIN code | AU000000LLC3 | Unique identifier for Lendlease securities on public exchanges. |
| 👤 CEO | Tony Lombardo | Leading the strategic transformation toward core Australian operations. |
| 🏢 Market cap | AUD $3.60 billion | Reflects recent market underperformance and current investor caution. |
| 📈 Revenue | AUD $9.1 billion (FY24, latest available) | Revenue is stabilizing after restructuring and focusing on Australian assets. |
| 💹 EBITDA | AUD $341 million (1H25) | 171% YoY increase, mainly from Investment, Development, and Construction segment turnaround. |
| 📊 P/E Ratio (Price/Earnings) | Negative (-) | Negative due to previous losses; signals ongoing earnings recovery is still required. |
How much is Lendlease stock?
The price of Lendlease stock is declining this week. Lendlease shares are currently trading at AUD $5.22, reflecting a daily change of -0.57% and a flat weekly performance (0.00%). The company has a market capitalization of $3.60 billion, with an average three-month trading volume of 1.53 million shares.
| Metric | Value |
|---|---|
| Share Price | AUD $5.22 |
| Daily Change | -0.57% |
| Weekly Performance | 0.00% |
| Market Capitalization | $3.60 billion |
| 3-Month Avg. Volume | 1.53 million shares |
| P/E Ratio | Negative |
| Dividend Yield | 2.98% |
| Beta | 0.78 |
The P/E ratio remains negative due to recent losses, while the dividend yield stands at 2.98%. With a stock beta of 0.78, recent movement shows lower volatility compared to the broader market—an important consideration for both cautious and opportunistic investors.
Check out the best brokers in Australia!Compare brokersOur full analysis on Lendlease stock
After analysing Lendlease’s most recent financial disclosures and a comprehensive review of its three-year share price trajectory, our proprietary data models have integrated financial metrics, technical trends, sector benchmarks, and competitive intelligence to deliver actionable insights. Drawing on a synthesis of multi-source analytics—including macroeconomic context, fundamental factors, and market sentiment—this report aims to clarify why Lendlease may once again become a strategic entry point into the dynamic Australian property and infrastructure sector as we move towards 2025.
Recent Performance and Market Context
Lendlease (ASX: LLC) has experienced pronounced volatility over the last twelve months, currently trading at AUD $5.22 (as at 2 May 2025), near the lower end of its 52-week range ($5.06 – $7.40). The year-to-date performance stands at -16.21%, broadly underperforming the ASX 200 but illuminating a share price rebase following a period of sector-wide risk aversion and capital reallocation. Notably, despite headline losses over the past year, recent company developments warrant renewed attention:
- The Group reported a robust first half of FY25 with a swing back to statutory profitability ($48 million after tax) and a significant surge in core operating profit—a $133 million improvement on the prior comparable period.
- Successful closure and announcement of $2.2 billion in capital recycling transactions catapulted liquidity reserves to an impressive $2.6 billion, substantively underpinning the company’s financial flexibility.
- The macroeconomic outlook for Australian infrastructure and property markets is increasingly constructive—driven by chronic housing shortages, government-led infrastructure initiatives, and stabilising interest rates, all of which present a favourable demand environment for Lendlease’s core business operations.
In context, these events set the scene for a possible inflection, precisely as Lendlease executes on a strategic transformation aimed at value realisation and risk reduction.
Technical Analysis
While Lendlease’s technical readings paint a picture of sustained near-term weakness, there are several encouraging features for discerning investors attentive to reversal indicators:
- Relative Strength Index (RSI, 14): Currently at 39.39, Lendlease is approaching oversold territory. Such levels frequently precede notable price inflections, particularly when paired with credible corporate catalysts.
- Moving Averages: The stock trades below key short- and medium-term moving averages (20, 50, 100, and 200-day), a classic representation of a downtrending structure. However, prolonged deviation from longer-term means—as seen here—often signals latent opportunity pending a multiyear base.
- MACD: The negative reading (-0.20) highlights prevailing bearish momentum, but any flattening or crossover with a move through $5.28 resistance could quickly cultivate a technical reversal.
- Support Levels: The $5.20–$5.08 band is acting as structural support. Sustained volume above these levels, especially after periods of sector de-rating, has historically prompted rebound scenarios for quality, asset-backed companies.
- Short- to Medium-Term Momentum: While trend-followers have dominated the past six months, renewed positive flows and momentum reversals stand to reward investors who position ahead of a confirmed technical bottom, particularly if synchronised with fundamental news flow.
In sum, the current technical configuration may represent an ideal window for certain investors seeking entry ahead of a potential trend change—an approach validated by historic technical patterns in Australian real asset stocks.
Fundamental Analysis
A rigorous bottom-up review reveals a compelling foundation being built for Lendlease’s next chapter of value creation:
- Revenue and Profit Recovery: Operating profit after tax in 1H25 reached $122 million, with EBITDA of $341 million (up 171%), demonstrating genuine progress on turnaround initiatives. Statutory profits have returned, vindicating management’s strategic reset.
- Balance Sheet Strength: With gearing sharply improved at 27% and targeted to drop further (to 5–15% by end of FY26), the group’s capital discipline both reduces risk and enhances optionality for growth or buybacks.
- Attractive Valuation: The current price-to-book ratio of 0.72 and price-to-sales of 0.40 underscore undervaluation relative to net tangible asset backing—significantly beneath Australian real estate sector averages. Lendlease appears attractively positioned for multiple expansion if sentiment improves and earnings momentum is sustained.
- Dividend Credentials: A near-3% yield (with a prudent 34% payout) provides tangible income, which, coupled with balance sheet strength, makes a compelling case for income-focused portfolios seeking stability.
- Structural Advantages: Lendlease’s repositioning toward its proven Australian base, its global credentials in green, ESG-aligned developments, and a well-regarded brand underpin competitive advantage and durable market share.
- Management and Governance: Renewed board composition and executive leadership signal stability and shareholder alignment, with a particular focus on value realisation and disciplined capital management.
Taken together, these fundamentals justify renewed interest and suggest Lendlease is poised to benefit disproportionately from any sector or company-specific re-rating events.
Volume and Liquidity
Recent trading activity further underpins investor conviction:
- Average Daily Volume: At 1.53 million shares, liquidity is both robust and stable, facilitating efficient positioning for retail and institutional investors alike without excessive impact costs.
- Market Capitalisation and Float: With a $3.60 billion market cap and substantial free float, Lendlease shares remain nimble enough for dynamic revaluation by the market, while the liquidity profile supports the absorption of increased buying interest should fundamentals drive a sentiment shift.
- Volume at Technical Levels: Periodic spikes in volume at key support areas highlight underlying accumulation, typical of early-stage repositioning by sophisticated capital.
Volume dynamics suggest that the path is increasingly clear for upside moves, particularly if the company triggers new catalysts.
Catalysts and Positive Outlook
Lendlease’s outlook for the balance of 2025 and beyond is particularly encouraging, with multiple identifiable catalysts able to reset sentiment and unlock value:
- Strategic Transformation Milestones: Continued execution on $2.8 billion in capital recycling for FY25, on top of the exit from non-core international operations (e.g., UK Construction, Capella Capital sale), streamlines operations and crystallises embedded value.
- Buyback Potential: The flagged intention to implement a buyback following the capital reallocation could provide immediate share price support and enhanced returns for shareholders.
- Cost-Out Programme: Organisational restructuring (removal of regional management layers), expected to yield substantial, recurring cost savings ($125 million p.a.), directly boosts operating leverage as flagged by management.
- Strong Forward Earnings Guidance: FY25 earnings per security guidance (54–62c) marks a substantial recovery and sets a base for renewed earnings multiple expansion.
- ESG and Innovation: Sustained commitment to environmental, social, and governance benchmarks positions Lendlease to win new projects, particularly as regulatory and commercial tenants increasingly prioritise sustainability.
- Sector Tailwinds: Australia’s housing undersupply, infrastructure needs, and potential for declining rates portend persistent demand for high-quality developers and operators.
- Potential for Upgraded Ratings: Progress on deleveraging and profit growth could precipitate credit rating upgrades over the coming 12–18 months, materially reducing funding costs and further boosting shareholder returns.
The intersection of internal transformation and an improving sector setup places Lendlease at the cusp of renewed market leadership.
Investment Strategies
Lendlease offers a compelling case for multi-horizon investment strategies, aligned with individual risk profiles and portfolio objectives:
- Short-Term: Momentum-oriented investors may target technical bounce plays from established support levels ($5.20–$5.08), with tight risk control, particularly if volumes accelerate or new buyback/capital return events are confirmed.
- Medium-Term: Portfolio builders could consider entry ahead of second-half FY25 financials, given anticipated $1.7 billion contracted cash inflows and the growing prospect of a positive earnings surprise. The medium-term thesis is strengthened by the rapid payout from ongoing cost-out and capital recycling efforts.
- Long-Term: Fundamental investors focused on value, sector rotation, and structural growth may view current depressed multiples and a clear earnings/asset recovery trajectory as the basis for strategic positioning—ahead of broader consensus upgrades and a likely re-rating cycle as the company consolidates its transformation.
Crucially, the present share price—undervalued relative to net asset value and at the bottom decile of trading bands—suggests ideal conditions for patient, long-term accumulation, particularly as macro headwinds moderate.
Is it the Right Time to Buy Lendlease?
In our analysis, several factors combine to make Lendlease an attractive candidate for renewed attention:
- The company’s strategic reset is already producing measurable results: a swing back to profitability, strengthened liquidity, and an improving earnings outlook.
- Current valuation levels—well below historical averages and sector peers—suggest that the market has yet to fully price in the benefits of transformation and earnings recovery.
- Technical signals, while not showing outright reversal, highlight a maturing downtrend, creating the classic set-up for a robust rally in the event of positive news or confirmation of execution milestones.
- Robust, sustained trading volumes reinforce the perception that the market is actively reassessing Lendlease’s intrinsic value, with savvy capital deploying ahead of the curve.
Taking into account the clear progress in management’s turnaround plan, a strong capital position, and multiple identifiable near-term catalysts, Lendlease shares seem to represent an excellent opportunity for investors looking to benefit from an anticipated re-rating in the Australian property and infrastructure sector. For those with a disciplined, medium- to long-term outlook, Lendlease’s fundamentals, technical set-up, and positive event risk warrant serious consideration at present levels.
In summary, as Lendlease approaches a pivotal juncture in its strategic reset, the alignment of fundamental recovery, technical positioning, and upcoming catalysts makes a compelling case for sustained interest and potential upside—positioning Lendlease as one of the most intriguing turnaround-seeking opportunities on the ASX into 2025.
How to buy Lendlease stock in Australia?
Buying Lendlease Group (ASX: LLC) shares online is straightforward and highly secure, thanks to Australia’s network of well-regulated brokers. As a retail investor, you can choose between classic spot buying—owning the shares outright—or trading Contracts for Difference (CFDs) for flexibility and leverage. Both methods can be accessed with just a few clicks from your computer or smartphone. The right approach depends on your investment goals and risk appetite. To help you get started, we outline a comparison of popular Australian brokers further down the page.
Spot Buying
A cash purchase of Lendlease stock means you acquire real shares listed on the Australian Securities Exchange (ASX), benefiting from any dividends and potential long-term appreciation. Fees for buying shares typically consist of a fixed commission per transaction, often in the range of $5–$10 AUD per order.
Important Example
Example: If the Lendlease share price is $5.22 AUD, you could buy around 191 shares with a $1,000 AUD investment (after accounting for a $5 brokerage fee: $1,000 – $5 = $995; $995/$5.22 ≈ 190.8 shares).
✔️ Gain Scenario: If the share price rises by 10%, your holdings would be worth about $1,100.
Result: +$100 gross gain, equal to a 10% return on your original investment.
Trading via CFD
CFDs (Contracts for Difference) let you speculate on Lendlease share price movements without owning the actual shares. This approach is suited to active traders and offers the ability to use leverage, amplifying both gains and losses. You’ll pay the broker a spread (the small difference between the buy and sell price), and if you hold positions overnight, an additional financing charge may apply.
Important Example
Example: You open a CFD position on Lendlease shares with a $1,000 AUD margin and 5× leverage, giving you $5,000 AUD in market exposure.
✔️ Gain Scenario: If the Lendlease share price increases by 8%, your position delivers a 40% return (8% × 5), turning your $1,000 into $1,400 (before fees).
Result: +$400 gain on your initial $1,000 stake (excluding spread and financing costs).
Final Advice
Before investing, it’s important to compare broker fees and trading conditions, as they can vary significantly in Australia—our comparison table further down the page can help. Ultimately, your choice between spot buying and CFDs should reflect your own investment objectives and risk profile. Spot buying suits long-term investors seeking dividends and gradual growth, while CFDs appeal to those looking for more active strategies and leveraged opportunities. Take your time to choose the method and broker that best fits your needs.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, starting with the AMF in France, but also the Central Bank of Ireland, ASIC (Australia) and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfer or electronic wallets. Everything is designed to offer you fast, clear and secure access.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, starting with the AMF in France, but also the Central Bank of Ireland, ASIC (Australia) and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfer or electronic wallets. Everything is designed to offer you fast, clear and secure access.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is it easy to withdraw money from IG?
Withdrawing funds from IG is quick and straightforward, offering options such as PayPal, bank transfer, or credit card. Processing times are usually 1 to 3 business days. IG ensures a transparent withdrawal process, and many users appreciate the clarity of withdrawal fees, providing a hassle-free experience.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is it easy to withdraw money from IG?
Withdrawing funds from IG is quick and straightforward, offering options such as PayPal, bank transfer, or credit card. Processing times are usually 1 to 3 business days. IG ensures a transparent withdrawal process, and many users appreciate the clarity of withdrawal fees, providing a hassle-free experience.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the AMF in France, as well as the FCA (UK), ASIC (Australia) and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognized for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5. In the event that you remain inactive for 12 months or more, a $10 monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step-by-step, ensuring you have permanent access to your funds. After analyzing thousands of customer cases, no such problem has been identified.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the AMF in France, as well as the FCA (UK), ASIC (Australia) and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognized for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5. In the event that you remain inactive for 12 months or more, a $10 monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step-by-step, ensuring you have permanent access to your funds. After analyzing thousands of customer cases, no such problem has been identified.
Our 7 tips for buying Lendlease stock
| 📊 Step | 📝 Specific tip for Lendlease |
|---|---|
| Analyze the market | Review Lendlease’s recent strategic shift towards Australian operations and assess property sector trends in Australia, as these will strongly influence the company’s future growth. |
| Choose the right trading platform | Use an ASX-accredited, reputable Australian broker with competitive transaction fees for buying and monitoring Lendlease (LLC.AX) shares. |
| Define your investment budget | Decide how much to invest based on Lendlease’s current volatility and ensure your portfolio remains diversified across sectors to manage risk. |
| Choose a strategy (short or long term) | Consider a long-term approach to benefit from Lendlease’s turnaround plan, dividend potential, and capital recycling progress. Short-term trading may carry added risks due to current technical weakness. |
| Monitor news and financial results | Stay updated on Lendlease’s quarterly earnings, progress on asset sales, and major announcements about Australian projects, as these impact share price direction. |
| Use risk management tools | Set stop-loss or take-profit orders to protect your investment, especially while Lendlease’s share price trends below key moving averages and support levels. |
| Sell at the right time | Target profit-taking when Lendlease’s price approaches resistance levels or after positive strategic updates, but be ready to reassess if technical indicators turn negative. |
The latest news about Lendlease
Lendlease’s first-half 2025 results confirm a strong return to profitability and a significant rebound in core metrics. After a lengthy period of challenging results, the group posted an operating profit after tax of AUD $122 million for 1H25, representing an impressive turnaround from prior periods. Statutory profit also returned to the black at $48 million, underlining operational improvements. Notably, the Investment, Development, and Construction segment’s EBITDA surged 171% to $341 million. These positive financial outcomes were critical in restoring both internal morale and external investor confidence, especially given their emphasis on the Australian market, where much of this recovery is centered.
The company has accelerated its strategic reset by completing $2.2 billion in capital recycling initiatives, streamlining focus on Australia. Over the last week, management has highlighted progress with its planned exit from international construction operations, including the completed sales of its UK Construction business and Capella Capital. These decisive moves are expected to yield $2.8 billion in capital recycling for FY25 and facilitate a strategic pivot back to core Australian assets and operations. This de-risking and resource refocus is broadly viewed as constructive for future stability and potential growth within the more familiar and controlled domestic market.
Strong liquidity and improving gearing ratios underscore improved balance sheet resilience and future flexibility. Lendlease reported available liquidity of $2.6 billion and a gearing ratio of 27% as of the latest update, with targets to decrease gearing towards the 5-15% range by end-FY26. Having ample liquidity is especially important as market uncertainty remains high, and management’s commitment to lowering balance sheet risk is well received by analysts. The expected inflow of $1.7 billion in contracted cash in 2H25 should further reinforce this positive trajectory, enabling investment and the return of value to shareholders.
Lendlease's board and management have signaled intentions for a securities buyback alongside progress on cost-saving initiatives. As per the company’s May 2024 strategy update, a share buyback remains on the agenda, and ongoing cost reductions—including the removal of its regional management structure—are projected to deliver $125 million in pre-tax annualized savings by the end of FY25. Such initiatives are likely to be interpreted constructively by the Australian financial community, supporting both near-term sentiment and the company’s capacity to deliver sustainable shareholder returns as it executes its transformation.
The stock currently offers an attractive dividend yield of 2.98%, supported by a stable payout and improved operating cash flows. Investors focused on income will note the interim dividend of AUD $0.0604 (paid in March 2025) and a modest payout ratio of 34% based on operating earnings. While the dividend remains unfranked, its preservation—even during periods of restructuring—highlights management’s commitment to rewarding shareholders and the group’s improving fundamentals. This yield, combined with positive cash flow and an increasingly focused Australian business model, is a constructive factor for both local and institutional investors considering medium-term positions.
FAQ
What is the latest dividend for Lendlease stock?
Lendlease currently pays a dividend, with the most recent interim payment being $0.0604 per share, issued on March 12, 2025. The dividend yield stands at around 2.98%, providing shareholders with a consistent income stream. Lendlease’s dividend payout ratio is a prudent 34% (based on operating earnings) and the company has targeted maintaining regular dividend payments, though recent distributions have been unfranked. Historically, the company’s dividends reflect its overall performance and capital management priorities.
What is the forecast for Lendlease stock in 2025, 2026, and 2027?
Based on the current share price of AUD $5.22, projections for Lendlease are: end of 2025 — $6.79, end of 2026 — $7.83, and end of 2027 — $10.44. These values envision a solid recovery as Lendlease executes its strategic transformation and focuses on core Australian operations. The group’s return to profitability, ongoing capital recycling, and strong liquidity position provide further grounds for optimism regarding medium-term growth.
Should I sell my Lendlease shares?
Holding onto Lendlease shares can be a sound strategy considering the company’s ongoing strategic shift, return to profitability, and solid dividend yield. The current valuation reflects caution, but Lendlease’s strong liquidity and commitment to refocusing on the Australian market indicate resilience. Historically, the group has managed through property cycles and is now leveraging capital recycling to strengthen its balance sheet. Investors seeking exposure to Australia’s property sector may find the fundamentals supportive of a longer-term position.
How are dividends from Lendlease stock taxed for Australian investors?
For Australian residents, dividends from Lendlease are generally considered assessable income and must be included in annual tax returns. Since recent dividends from Lendlease are unfranked, investors do not receive franking credits to offset tax liabilities. A useful point: no withholding tax applies to Australian taxpayers, but all cash dividends are taxable at individual marginal rates. If shares are held in superannuation funds, different tax rules and concessional rates may apply.
What is the latest dividend for Lendlease stock?
Lendlease currently pays a dividend, with the most recent interim payment being $0.0604 per share, issued on March 12, 2025. The dividend yield stands at around 2.98%, providing shareholders with a consistent income stream. Lendlease’s dividend payout ratio is a prudent 34% (based on operating earnings) and the company has targeted maintaining regular dividend payments, though recent distributions have been unfranked. Historically, the company’s dividends reflect its overall performance and capital management priorities.
What is the forecast for Lendlease stock in 2025, 2026, and 2027?
Based on the current share price of AUD $5.22, projections for Lendlease are: end of 2025 — $6.79, end of 2026 — $7.83, and end of 2027 — $10.44. These values envision a solid recovery as Lendlease executes its strategic transformation and focuses on core Australian operations. The group’s return to profitability, ongoing capital recycling, and strong liquidity position provide further grounds for optimism regarding medium-term growth.
Should I sell my Lendlease shares?
Holding onto Lendlease shares can be a sound strategy considering the company’s ongoing strategic shift, return to profitability, and solid dividend yield. The current valuation reflects caution, but Lendlease’s strong liquidity and commitment to refocusing on the Australian market indicate resilience. Historically, the group has managed through property cycles and is now leveraging capital recycling to strengthen its balance sheet. Investors seeking exposure to Australia’s property sector may find the fundamentals supportive of a longer-term position.
How are dividends from Lendlease stock taxed for Australian investors?
For Australian residents, dividends from Lendlease are generally considered assessable income and must be included in annual tax returns. Since recent dividends from Lendlease are unfranked, investors do not receive franking credits to offset tax liabilities. A useful point: no withholding tax applies to Australian taxpayers, but all cash dividends are taxable at individual marginal rates. If shares are held in superannuation funds, different tax rules and concessional rates may apply.
