HMC Capital stock gained 4.53 percent on October 6

Published on 10/07/2026 at 00:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HMC Capital stock reported FY26 operating EPS of AUD 0.404 on August 26, 2026. FY27 guidance calls for at least AUD 0.35 and a AUD 0.15 dividend.

HMC, AU0000058943, Illustration mit AI erstellt.

HMC Capital (ISIN AU0000058943) stock was last at AUD 3.00 on the ASX on October 6, 2026 at 4:10 p.m. AEDT, up 4.53 percent on the session. The price remained 35.1 percent below the 52-week high of AUD 4.62, making recurring earnings growth the key test for the next phase.

FY26 earnings favor recurring fees

According to Yahoo Finance on August 25, 2026, HMC delivered FY26 operating earnings per share of AUD 0.404, in line with guidance. Fee-generating assets under management rose 15 percent to AUD 16.9 billion, while recurring funds-management revenue increased 22 percent to AUD 165.5 million.

The same FY26 earnings call records a final dividend of AUD 0.06 per share, taking total distributions for the year to AUD 0.12. That mix matters because recurring management fees provide a more repeatable earnings base than transaction and performance income.

FY27 guidance sets the hurdle

HMC entered FY27 with guidance for underlying earnings per share of at least AUD 0.35, which management described as 16 percent growth from FY26. The company also guided to a dividend of AUD 0.15 per share, 25 percent above the FY26 distribution, according to Kapitales Research on September 29, 2026.

The counter-factor sits in private credit. In the earnings call, management said second-half lending volumes slowed as a deliberate response to changing market conditions, while early FY27 origination volumes had improved, according to Yahoo Finance.

Analyst targets sit above the price

Analyst sentiment also provides a quantified comparison. Fintel reported on September 25, 2026, that Bell Potter upgraded HMC from Hold to Buy on September 22. The consensus data dated September 15 showed 14 recommendations, a mean target of AUD 3.79 and a median target of AUD 3.88; the mean target lies 26.3 percent above the latest AUD 3.00 price.

HMC also carries more than AUD 5 billion of growth opportunities across its platforms, according to Kapitales Research. For investors, the central issue is conversion: asset growth must become recurring revenue and cash earnings while credit deployment remains disciplined.

Stock remains below yearly high

HMC Capital stock was last at AUD 3.00 on the ASX on October 6, 2026 at 4:10 p.m. AEDT, with 1,148,082 shares traded and a market capitalization of AUD 1.2 billion. Its 52-week range was AUD 2.16 to AUD 4.62.