Forsyth Barr cuts target to NZD 12.45 for Summerset stock. Published on 10/15/2026 at 20:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS Third-quarter sales reached 415 on October 12, 2026, with year-to-date sales up 10.00 percent. Summerset stock costs EUR 3.31 on October 15, 2026. Analyst target and company valuation. * Forsyth Barr cut its Summerset target to NZD 12.45 on October 13, 2026. * Third-quarter occupation right sales reached 415 on October 12, 2026, while year-to-date sales rose 10.00 percent. * Summerset stock costs EUR 3.31 at Lang & Schwarz on October 15, 2026 at 10:02 p.m. CEST. * Market capitalization stood at NZD 1.7 billion on October 15, 2026. Forsyth Barr cut its Summerset Group Holdings target to NZD 12.45 on October 13, 2026, according to TradingView. Against the NZD 6.75 NZX quote on October 15, 2026 at 5:00 p.m. NZDT, the target stood 84.44 percent higher. Summerset stock was trading at EUR 3.31 at Lang & Schwarz on October 15, 2026 at 10:02 p.m. CEST. Discover more Invest in Stocks Half-year profit reached NZD 171.4 million. Summerset reported NZD 171.4 million of net profit after tax for the first half of 2026. Underlying profit was NZD 103.4 million, while total assets reached NZD 9.8 billion, according to the company's Summerset investor information. Cash flow from existing operations was NZD 31.0 million for the same half-year period. Sales reached 1,228 in nine months. On October 12, 2026, The Motley Fool Australia reported 415 occupation right sales in the third quarter of 2026. Year-to-date sales reached 1,228, up 10.00 percent from the first nine months of 2025, while resales increased 27.00 percent year to date. The report also cited 240 resales and 175 new sales during the quarter. NZD 1.7 billion market value. Summerset's market capitalization was NZD 1.7 billion on October 15, 2026. Its price-to-earnings ratio was 5.40, and the trailing dividend yield was 0.03 percent. The 52-week range was NZD 6.50 to NZD 12.80 on the same date, placing the NZD 6.75 NZX quote NZD 6.05 below the high. The investor calendar lists December 31, 2026 as the full-year balance date, according to Summerset. The company operates retirement villages and aged-care facilities in New Zealand and Australia, with 45 villages complete or under construction. Comparison with peers. Summerset (NZX, NZD): P/E 5.40, market capitalization NZD 1.7 billion Ryman Healthcare (NZX, NZD): plus 1.70 percent, P/E minus 10.88, market capitalization NZD 1.8 billion Oceania Healthcare (NZX, NZD): plus 0.77 percent, P/E 5,853.96, market capitalization NZD 474.4 million Price position in euros. The euro quotation gives German investors a separate view of the New Zealand-listed company. The NZX quote was last at NZD 6.75 on October 15, 2026 at 5:00 p.m. NZDT, while the 52-week range remained NZD 6.50 to NZD 12.80. The Forsyth Barr target therefore sits 84.44 percent above that home-market price. Summerset stock was trading at EUR 3.31 at Lang & Schwarz on October 15, 2026 at 10:02 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Summerset Group Holdings stock. Discover more Find Senior Homes Plan Retirement Read Economics Summerset Group Holdings market data. * Company: Summerset Group Holdings Limited * ISIN: NZSUME0001S0 * Ticker: SUM * Primary exchange: NZX * Price Lang & Schwarz (as of October 15, 2026, 10:02 p.m. CEST): EUR 3.31 * Market capitalization: NZD 1.7 billion (as of October 15, 2026) * 52-week range: NZD 6.50-12.80 (as of October 15, 2026) * Sector / Industry: Healthcare / Medical - Care Facilities * Index membership: NZX 50 Sponsored Ad Summerset Holdings stock: new analysis - 23 October. Fresh Summerset Holdings information released. What's the impact for investors? Our latest independent report examines recent figures and market trends. Disclaimer regarding our articles: This is not investment advice, nor is it a recommendation to buy or sell. Information regarding prices, companies, and markets is provided without guarantee; changes may occur at any time. Stock market transactions can result in significant losses. Our articles are created and reviewed, in whole or in part, automatically with the assistance of AI. en | NZSUME0001S0 | SUM | boerse | 70331924 | bgmi

Why is Summerset Group (NZX:SUM) focusing on cash growth in HY2026? Key results and strategy updates explained. 27 August 2026 02:38 PM NZST Summarize with AI You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to its research reports, in-depth technical and fundamental research. Learn more Highlights * Summerset Group reported HY2026 IFRS net profit of NZD 171.4 million, up 92% year on year, while Underlying Profit reached NZD 103.4 million. * The company delivered 813 Occupation Right Agreement sales during the half, supported by higher new sales and resale activity. * Summerset continued its focus on disciplined development, stronger cash generation, and Balance Sheet improvement amid uncertain market conditions. Why Did Summerset Group Deliver a Strong HY2026 Performance? Summerset Group (NZX:SUM) reported a positive HY2026 performance, highlighting disciplined execution, stronger sales activity, and improved cash generation despite challenging market conditions. The retirement village operator recorded IFRS net profit of NZD 171.4 million, up 92% compared with the prior corresponding period, while total Revenue increased 16% to NZD 200.3 million. Cash Flow from existing operations rose significantly to NZD 31.0 million, reflecting the company's focus on strengthening financial flexibility. During the period, Summerset delivered 481 new homes across New Zealand and Australia and completed 813 Occupation Right Agreement sales. The company continued managing development activity carefully while maintaining its focus on resident experience and long-term growth. Sales Growth and Development Focus Summerset continued to demonstrate sales momentum during HY2026, with total Occupation Right Agreement sales increasing 17% year on year to 813. New sales increased 12%, while resale activity rose 23%, supported by continued Demand across its retirement village portfolio. The company also reported its lowest resale stock level since HY2022, representing 2.2% of the portfolio. The company delivered 481 new homes across New Zealand and Australia during the half, including new village centre developments in Whangārei, Cambridge, Waikanae, and Cranbourne North. Summerset remains on track to achieve its FY2026 delivery target of 700-800 homes, supported by a flexible construction approach. However, the company has adopted a measured pace for future development, maintaining its medium-term build rate while prioritising cash generation and balance sheet strength. Summerset continues to evaluate development opportunities based on financial returns and market conditions. Cash Management and Future Outlook Summerset continued strengthening its financial position through disciplined cost management and improved cash generation initiatives. The company reduced overhead costs per unit by 6% since FY2025 and has achieved approximately NZD 26 million in savings through its cost efficiency programme, with further opportunities being assessed. The company also updated its Dividend policy, shifting from an underlying profit-based approach to a cash flow-based framework. Under the revised policy, dividends will be determined within a 20-60% payout range of cash flow from existing operations. The Board declared an Interim Dividend of NZD 0.038 per share for the first half. Looking ahead, Summerset expects market conditions to remain uneven but remains focused on long-term demographic demand and portfolio maturity. The company is targeting lower net debt, improved cash flow generation, and continued Investment in resident experiences while maintaining disciplined Capital allocation. FAQs. Q: how did Summerset Group perform in HY2026? A:Summerset reported IFRS net profit of NZD 171.4 million, up 92% year on year. Q: Did Summerset increase its sales during HY2026? A:Yes, total Occupation Right Agreement sales increased 17% to 813. Q: How many new homes did Summerset deliver during the half? A:The company delivered 481 new homes across New Zealand and Australia. Q: Why did Summerset change its dividend policy? A:The company aligned dividends more closely with cash flow generated from operations. Q: What is Summerset's outlook for future growth? A:The company remains focused on disciplined expansion, stronger cash generation, and balance sheet improvement. Download Free Report - Explore 3 Stock Ideas & Industry Insights Unlock 3 stock ideas and key industry insights in its free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice. All investments involve risk - consider independent advice before making any investment decisions. Disclaimer:

NZ sharemarket falls almost 1% - Market close. Graham Skellern BusinessDesk · 26 Aug, 2026 11:28 PM 5 mins to read Summerset increased 71c to $8.58 after reporting a 91.7% rise in net profit to $171.44m for the six months ending June. Image / Summerset The New Zealand sharemarket fell nearly 1% from its recent high - despite a strong annual result from retirement village operator Summerset in a sector that has been hard hit. The S&P/NZX 50 Index declined steadily during the day and closed at 13,880.05, down 133.16 points or 0.95%. The index