Today: 1 May 2026
Genting Singapore stock (SGX:G13) holds S$0.73 as funds turn sellers; Feb 19 earnings loom
11 January 2026
1 min read

Genting Singapore stock (SGX:G13) holds S$0.73 as funds turn sellers; Feb 19 earnings loom

Singapore, Jan 11, 2026, 15:44 SGT — Market closed

  • On Friday, Genting Singapore ended the day at S$0.73, marking a 0.7% gain.
  • Fund-flow data reveal institutions started 2026 as net sellers of the stock
  • All eyes now turn to the company’s anticipated results release on Feb 19

Genting Singapore closed Friday up 0.7% at S$0.73, though early-2026 trading figures reveal institutions have been net sellers of the casino operator’s shares. The stock traded at S$0.725 just one session earlier, per pricing data.

This is significant since the year’s opening week usually shapes positioning, and Genting stands out as a liquid consumer stock amid a market where major funds continue to drive daily swings. A net institutional outflow indicates these investors sold more shares than they picked up.

The timing feels off on the calendar. Investors are already shifting focus beyond the quiet weekend, eyeing the upcoming earnings and any clues on spending, especially with the group’s ongoing multi-year overhaul of Resorts World Sentosa.

On Friday, the Singapore market edged up slightly, with the Straits Times Index climbing 0.1% to close at 4,744.66, according to the Straits Times.

Genting Singapore stayed within a narrow range, swinging between S$0.725 and S$0.735 in the last session. Its 52-week price has hovered between S$0.66 and S$0.80, per Investing.com data.

On paper, Wall Street analysts remain optimistic. MarketScreener data reveals 16 analysts rating the stock as “outperform,” with an average target price of S$0.878—roughly 20% higher than Friday’s close.

Spending—and how to cover it—lurks in the background. In a December note, Morgan Stanley analysts suggested Genting Singapore might turn to debt to fund the rest of its Resorts World Sentosa expansion, calling it a “viable option.” They also flagged around S$5 billion still needed for the next phase of the project. IAG

The next key date is earnings. According to Investing.com’s calendar, Genting Singapore is set to report on Feb 19. Analysts expect revenue around S$663.6 million and earnings per share of roughly S$0.008 for that period.

The risk is clear: weaker visitor spending or rising costs could squeeze cash returns just as capex picks up. Any slip in the revamp timeline would hurt sentiment further, with institutions already cutting back their holdings.

Monday’s open will test if the stock can stay above the recent S$0.72 level and make a move toward the upper end of its 12-month range. Investors are eyeing the Feb 19 earnings release closely, looking for clues on 2026 margins and spending plans.

Stock Market Today

  • Erste Group Raises Southern Company Earnings Forecast for FY2026
    May 1, 2026, 8:32 AM EDT. Erste Group Bank has increased its full-year 2026 earnings per share (EPS) estimate for Southern Company to $4.57 from $4.56, slightly below the consensus of $4.58. Several analysts have recently adjusted price targets, including Scotiabank and TD Cowen, reflecting cautious optimism. Southern's stock traded at $94.46, with a market capitalization of $106.59 billion. The utility missed quarterly EPS expectations by $0.01 but saw revenue rise 10.1% year-over-year to $6.98 billion. Southern also announced a $0.76 quarterly dividend payable June 8. The company maintains a strong financial position with a debt-to-equity ratio of 1.69 and steady profitability metrics. Analyst ratings remain mixed, with a Hold consensus and an average target price near $99.

Latest article

Chevron Earnings Beat Wall Street, But the Cash-Flow Catch Is Hard to Miss

Chevron Earnings Beat Wall Street, But the Cash-Flow Catch Is Hard to Miss

1 May 2026
Chevron reported adjusted earnings of $1.41 per share for the first quarter, beating estimates, but net income fell to $2.2 billion from $3.5 billion a year earlier. The upstream oil and gas unit earned $3.9 billion as production rose, while downstream swung to an $817 million loss. Cash flow from operations dropped to $2.5 billion from $5.2 billion. Shares traded at $193.31 before the U.S. market open.
Big Investors Are Circling CenterPoint Energy as Vanguard Reveals 49 Million-Share Stake

Big Investors Are Circling CenterPoint Energy as Vanguard Reveals 49 Million-Share Stake

1 May 2026
Vanguard Capital Management disclosed a 7.56% stake in CenterPoint Energy, holding 49.4 million shares with sole power to dispose of the entire position, according to an April 29 SEC filing. CenterPoint reported first-quarter net income of $316 million, up from $297 million a year earlier, and declared a quarterly dividend of 23 cents per share, payable June 11.
DTE Energy Earnings Miss: Google Data Center Deal Puts Michigan Utility’s Growth Story Under Pressure

DTE Energy Earnings Miss: Google Data Center Deal Puts Michigan Utility’s Growth Story Under Pressure

1 May 2026
DTE Energy missed first-quarter profit estimates, reporting adjusted earnings of $1.95 per share versus the $2.01 expected, as its energy trading unit posted a $25 million loss. Net income fell to $247 million from $445 million a year earlier. The company reaffirmed 2026 guidance and highlighted new Google and Oracle data-center deals. A $474.3 million electric rate request faces opposition from Michigan’s attorney general.
Singapore Airlines stock slips as oil jumps; traders eye Feb 24 update
Previous Story

Singapore Airlines stock slips as oil jumps; traders eye Feb 24 update

BAT stock in focus: UBS sticks with Buy on British American Tobacco ahead of Feb results
Next Story

BAT stock in focus: UBS sticks with Buy on British American Tobacco ahead of Feb results

Go toTop