Should I buy Genting Singapore stock in 2025?
Is Genting Singapore stock a buy right now?
As of May 2025, Genting Singapore trades at approximately SGD 0.74 with a robust average daily volume of nearly 35 million shares, underscoring active market participation. The stock has shown some resilience, gaining over 2% in the past week, even as it remains 15% below its year-ago level. Recent highlights include the renewal of its casino license and steady progress on the SGD 6.8 billion RWS 2.0 expansion, both of which solidify its position within Singapore’s tightly-regulated gaming sector. Additionally, the group’s stable dividend payout offers notable appeal for income-minded investors. While Q4 profits dipped, the revenue increase, rebound in international arrivals, and Genting’s net cash balance of SGD 3.35 billion indicate a sound financial foundation. Market sentiment has grown more constructive, especially as the tourism sector continues its recovery. Industry analysts are moderately optimistic, with the consensus target price set at SGD 0.96—reflected in forecasts from more than 29 national and international banks—suggesting meaningful potential for share price appreciation as strategic projects progress. These factors, coupled with maintained leadership in Singapore’s leisure and entertainment space, present Genting Singapore as a noteworthy candidate for Singaporean investors seeking growth and reliable yield.
- ✅Strong net cash position of SGD 3.35 billion enhances financial resilience and flexibility.
- ✅Attractive 5.48% dividend yield appeals to income-focused investors.
- ✅Secured extended casino license ensures business continuity and regulatory clarity.
- ✅Major RWS 2.0 expansion fosters medium-term growth and market differentiation.
- ✅Recovering regional tourism fuels visitor and revenue growth prospects.
- ❌Recent profit decline despite revenue growth due to increased operating costs.
- ❌Rising regional competition may pressure market share and margins over time.
- ✅Strong net cash position of SGD 3.35 billion enhances financial resilience and flexibility.
- ✅Attractive 5.48% dividend yield appeals to income-focused investors.
- ✅Secured extended casino license ensures business continuity and regulatory clarity.
- ✅Major RWS 2.0 expansion fosters medium-term growth and market differentiation.
- ✅Recovering regional tourism fuels visitor and revenue growth prospects.
Is Genting Singapore stock a buy right now?
As of May 2025, Genting Singapore trades at approximately SGD 0.74 with a robust average daily volume of nearly 35 million shares, underscoring active market participation. The stock has shown some resilience, gaining over 2% in the past week, even as it remains 15% below its year-ago level. Recent highlights include the renewal of its casino license and steady progress on the SGD 6.8 billion RWS 2.0 expansion, both of which solidify its position within Singapore’s tightly-regulated gaming sector. Additionally, the group’s stable dividend payout offers notable appeal for income-minded investors. While Q4 profits dipped, the revenue increase, rebound in international arrivals, and Genting’s net cash balance of SGD 3.35 billion indicate a sound financial foundation. Market sentiment has grown more constructive, especially as the tourism sector continues its recovery. Industry analysts are moderately optimistic, with the consensus target price set at SGD 0.96—reflected in forecasts from more than 29 national and international banks—suggesting meaningful potential for share price appreciation as strategic projects progress. These factors, coupled with maintained leadership in Singapore’s leisure and entertainment space, present Genting Singapore as a noteworthy candidate for Singaporean investors seeking growth and reliable yield.
- ✅Strong net cash position of SGD 3.35 billion enhances financial resilience and flexibility.
- ✅Attractive 5.48% dividend yield appeals to income-focused investors.
- ✅Secured extended casino license ensures business continuity and regulatory clarity.
- ✅Major RWS 2.0 expansion fosters medium-term growth and market differentiation.
- ✅Recovering regional tourism fuels visitor and revenue growth prospects.
- ❌Recent profit decline despite revenue growth due to increased operating costs.
- ❌Rising regional competition may pressure market share and margins over time.
- ✅Strong net cash position of SGD 3.35 billion enhances financial resilience and flexibility.
- ✅Attractive 5.48% dividend yield appeals to income-focused investors.
- ✅Secured extended casino license ensures business continuity and regulatory clarity.
- ✅Major RWS 2.0 expansion fosters medium-term growth and market differentiation.
- ✅Recovering regional tourism fuels visitor and revenue growth prospects.
- What is Genting Singapore?
- How much is Genting Singapore stock?
- Our full analysis on Genting Singapore </b>stock
- How to buy Genting Singapore stock in Singapore?
- Our 7 tips for buying Genting Singapore stock
- The latest news about Genting Singapore
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of Genting Singapore for more than three years. Every month, hundreds of thousands of users in Singapore rely on us to interpret market trends and uncover some of the best investment opportunities available. Our insights are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, compensated by Genting Singapore.
What is Genting Singapore?
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | Singapore | Home base with strong domestic market demand and favorable tax regime. |
💼 Market | Singapore Exchange (SGX) | Listed on SGX, ensuring high liquidity and regulatory standards. |
🏛️ ISIN code | SGXE21576413 | Unique code for identification in global financial markets. |
👤 CEO | Tan Hee Teck | CEO since 2022, leading during expansion and sector recovery. |
🏢 Market cap | SGD 8.82 billion | Large-cap status signals stability and presence in Singapore's market. |
📈 Revenue | SGD 2.53 billion (FY2024) | Revenue grew by 5% YoY, reflecting post-pandemic tourism recovery. |
💹 EBITDA | Not explicitly disclosed; high EBITDA margin implied | Strong margins due to stable casino and leisure businesses. |
📊 P/E Ratio (Price/Earnings) | 15.24 (TTM), 14.60 (forward) | Fairly valued; future growth optimism but recent profit drop noted. |
How much is Genting Singapore stock?
The price of Genting Singapore stock is rising this week. As of now, the share trades at SGD 0.74, up 1.37% over the past 24 hours and showing a 2.07% increase for the week. The company holds a market capitalization of SGD 8.82 billion, with a robust average daily volume of about 34.93 million shares over the past three months. Genting Singapore’s P/E ratio stands at 15.24, complemented by an attractive 5.48% dividend yield, and a stock beta of 0.71 signals moderate volatility. Investors should note the stock’s recent upward momentum while remaining aware of sector competition and evolving market conditions.
Check out the best brokers in Singapore!Compare brokersOur full analysis on Genting Singapore stock
We have conducted a rigorous review of Genting Singapore's latest financial results and analyzed its share price evolution and business fundamentals over the past three years. Using an integrated approach that leverages financial ratios, technical signals, sector dynamics, and peer comparisons, all synthesized through our proprietary algorithms, several compelling patterns have emerged. So, why might Genting Singapore stock once again become a strategic entry point into the regional leisure and gaming sector as we look toward 2025?
Recent Performance and Market Context
Genting Singapore (SGX: G13) has exhibited notable resilience in a challenging sector backdrop, with its current share price at SGD 0.74 as of May 9, 2025—reflecting a 1.37% day-on-day gain and recovering momentum over the past week (+2.07%). Despite a six-month contraction of 6.33% and a year-on-year drop of 15.43%, this underperformance relative to historical highs seems increasingly disconnected from the company’s improving operational metrics and macro tailwinds that now underpin the recovery thesis.
Recent positive events—including the successful renewal of its casino operating license, record post-pandemic quarterly revenue growth (+9% QoQ for Q4 2024), and the ongoing rollout of the SGD 6.8 billion RWS 2.0 expansion—stand out as confirmation of management’s proactive strategy. With Singapore’s tourism sector rebounding sharply—international arrivals are now approaching pre-pandemic levels—the overall demand backdrop has become highly constructive. Importantly, Singapore’s economic resilience, coupled with supportive government policies for tourism and MICE events, offers a macroeconomic runway that could well catalyse a new phase of growth for Genting Singapore’s core assets.
Technical Analysis
Turning to the technicals, Genting Singapore is showing robust signs of near-term strength. The stock is trading firmly above its 20-day (0.72), 50-day (0.71), and 100-day (0.73) exponential moving averages, each providing clear buy signals. While it remains marginally below the 200-day moving average (0.76)—an important long-term resistance—the short- and medium-term structure has decisively improved and is supported by a neutral RSI (59.83), which indicates considerable headroom before any overbought conditions manifest.
Set within the 52-week range of SGD 0.66 to 0.94, the current consolidation just above key support levels of 0.72 and 0.71 provides investors with a technically attractive entry point. Notably, should the stock break decisively above 0.76 (200-day EMA resistance), technical momentum could accelerate, in line with the broader sector rally. The MACD remains only mildly negative, but the direction of moving averages signals that Genting Singapore is positioning for a bullish reversal, reinforcing a thesis where the risk/reward balance appears increasingly favourable for new allocations.
Fundamental Analysis
From a fundamental angle, Genting Singapore continues to underscore its stature within the Singaporean and regional gaming ecosystem. FY2024 revenue reached SGD 2.53 billion (+5% YoY), with sequential Q4 growth up a striking 9%—driven by strong VIP casino performance and a broad-based recovery across resort operations. While net profit for the year dipped modestly (-5.4% YoY), largely a reflection of increased operational investments and temporary room closures due to renovations, the company has protected an enviable profit margin of 22.88% and maintains a robust return on equity (7.02%).
Metric | Value |
---|---|
FY2024 Revenue | SGD 2.53 billion (+5% YoY) |
Q4 Revenue Growth | +9% QoQ |
Net Profit (YoY) | -5.4% |
Profit Margin | 22.88% |
Return on Equity | 7.02% |
Dividend Yield | 5.48% (SGD 0.02 per share, ex-dividend May 2025) |
Forward P/E | 14.6 |
Price-to-Book Ratio | 1.06 |
Net Cash Position | SGD 3.35 billion |
The group’s active commitment to shareholder returns is evidenced by a generous 5.48% dividend yield (SGD 0.02 per share, ex-dividend May 2025), a level that remains highly competitive not only within its sector but across Singapore’s blue-chip dividend universe. On valuation, Genting Singapore trades on a forward P/E of 14.6 and a price-to-book of just 1.06—offering significant value when cross-referenced with analyst consensus targets (average TP: SGD 0.98) and regional sector multiples, especially when paired with a net cash position of approximately SGD 3.35 billion. This balance sheet strength underwrites both the ongoing RWS 2.0 expansion and provides a strategic optionality for M&A or/and new market entries (for example, Thailand), minimizing financial risk.
Structurally, Genting Singapore commands a dominant market share in its tightly regulated duopoly with Marina Bay Sands. The brand’s global cachet and ongoing investments in innovation—such as the recently unveiled Pierre Hermé boutique and upcoming attractions—sustain its destination status and visitor pull, even as regional competition intensifies.
Volume and Liquidity
Genting Singapore’s trading liquidity remains outstanding, averaging nearly 35 million shares daily across the past three months. This robust volume profile is a clear marker of sustained investor confidence and dampens unwanted volatility, making it especially attractive for both institutional and discerning retail investors. The stock’s substantial public float, combined with high turnover, creates a fertile environment for price discovery and allows for dynamic valuation adjustments as new catalysts emerge—underscoring market depth and reducing entry/exit execution risks.
Catalysts and Positive Outlook
- Tourism Revival: International arrivals into Singapore have almost fully rebounded, and with major events and exhibitions returning, Resorts World Sentosa stands to capture renewed domestic and international demand.
- RWS 2.0 Expansion: The SGD 6.8 billion in planned enhancements are set to deliver new rides, retail concepts, and luxury facilities—each incrementally boosting visitation, hotel room rates, and ancillary revenues.
- International Forays: Management has signaled intent to capitalize on emerging opportunities in Thailand, potentially a major incremental growth vector pending regulatory clarity.
- Sustainability & Innovation: Genting Singapore has ramped up its ESG initiatives, including sustainable resort management and community-focused programs—strategies that position it well to align with evolving investor mandates and regulatory frameworks.
- Favourable Regulatory Context: Renewal of operating licenses, continued government endorsement of integrated resort development, and absence of dividend/capital gains taxation for Singapore shareholders provide compelling certainty over future corporate actions and income potential.
Collectively, these drivers indicate that Genting Singapore may be on the precipice of a new expansion cycle—one in which operational leverage, differentiated branding, and macro/sector tailwinds converge to support both earnings growth and capital appreciation.
Investment Strategies
- Short-Term: The current technical rebound above major support levels, combined with near-term catalysts—such as Q2 operational updates and ongoing tourist numbers—suggest an excellent tactical opportunity for momentum-driven investors.
- Medium-Term: For those seeking both yield and capital growth, the ability to lock in a highly competitive 5.48% dividend, reinforced by the tailwind of the RWS 2.0 project as new phases come online, forms a solid case for medium-term positioning.
- Long-Term: The stock’s discounted valuation, sector leadership, protected regulatory environment, and fortress balance sheet argue for portfolio inclusion as a core anchor in any Singapore or Southeast Asian equity allocation—particularly for those seeking exposure to consumer, leisure, and infrastructure growth.
Entering at current levels places investors at a technical low and ahead of the expected project delivery and increased tourist flux—enhancing the upside capture as positive catalysts translate into financial performance through 2025 and beyond.
Is It the Right Time to Buy Genting Singapore?
Summarizing the investment case, Genting Singapore offers a compelling blend of:
- Reinvigorated operating momentum against the backdrop of sector and tourism recovery.
- Clear technical signals suggesting the stock may be entering a new bullish phase.
- Fundamental value at a forward P/E below regional peers, with standout dividend yield.
- Strong liquidity, robust balance sheet, and active shareholder returns policy.
- Multiple positive catalysts, from RWS 2.0 to potential international expansion, underpinning medium-term growth.
In sum, the fundamentals—combined with improving technical posture and strengthening sector tailwinds—justify renewed investor interest. For those seeking a robust yet undervalued play on Singapore’s recovery, global travel revival, and Asian leisure megatrends, Genting Singapore’s current profile seems to represent an excellent opportunity worthy of strategic attention. Investors who position themselves at current levels may find themselves well-placed to benefit from what could be a powerful multi-year growth story.
How to buy Genting Singapore stock in Singapore?
Buying Genting Singapore stock online is straightforward and secure when you use a regulated broker authorised by the Monetary Authority of Singapore (MAS). Retail investors have two main approaches: purchasing shares directly (spot/cash buying) or trading via Contracts for Difference (CFDs). Direct purchase means you own the stock, while CFDs allow you to speculate on the share price using leverage. Both methods are accessible via user-friendly platforms with robust safety protocols. Each has its own fee structure and risk profile, so it’s wise to review the detailed broker comparison found further down the page before you get started.
Spot Buying
Cash buying (also known as spot buying) means purchasing Genting Singapore shares directly on the Singapore Exchange (SGX), making you a part-owner of the company and entitling you to dividends. When you use a local broker, typical fees are a fixed commission—usually around SGD 5 per trade.
Example: Calculating spot buying returns
If the Genting Singapore share price is SGD 0.74, investing SGD 1,000 allows you to acquire roughly 1,345 shares (after accounting for a SGD 5 brokerage fee). Gain scenario: If the share price rises by 10%, your shares are then worth SGD 1,100. Result: That’s a gross gain of SGD 100, or +10% on your original investment (before taxes or other minor charges).
Trading via CFD
Trading CFDs (Contracts for Difference) lets you speculate on Genting Singapore’s share price movements without owning the actual shares. CFDs are traded through online brokers and typically involve a spread (small difference between buy and sell prices) and an overnight financing fee if you hold the position for more than a day.
Example: Calculating CFD returns
With a SGD 1,000 position and 5x leverage, you control a market exposure of SGD 5,000. Gain scenario: If Genting Singapore’s shares rise by 8%, your leveraged CFD position returns 40% (8% × 5), resulting in a gross profit of SGD 400 on your original SGD 1,000 stake (fees not included).
Final Advice
Before investing in Genting Singapore, it’s crucial to compare brokers’ fees, trading conditions, platforms, and regulatory status. Whether you choose to buy shares outright or trade via CFDs depends on your investment goals, risk tolerance, and trading style. Explore the detailed broker comparison further down the page to find the option best suited to your needs and make your Genting Singapore investment journey as smooth—and rewarding—as possible.
Check out the best brokers in Singapore!Compare brokersOur 7 tips for buying Genting Singapore stock
Step | Specific tip for Genting Singapore |
---|---|
Analyze the market | Examine Singapore’s tourism recovery and regional casino market trends, as Genting Singapore’s performance is closely linked to visitor arrivals and Asia’s gaming demand. |
Choose the right trading platform | Opt for a reputable SGX-licensed broker with competitive fees, user-friendly digital access, and support for SRS investment accounts to make buying Genting Singapore shares simple and cost-effective. |
Define your investment budget | Decide in advance how much to invest, considering Genting Singapore’s defensive dividend yield (5.48%) and recent price volatility, and ensure diversification across different stocks or sectors. |
Choose a strategy (short or long term) | Evaluate whether to pursue a short-term gain on positive technical signals or hold for the long term to benefit from RWS 2.0 expansion and Singapore’s resilient casino duopoly. |
Monitor news and financial results | Track quarterly results, analyst reports, and developments like RWS 2.0 progress, regulatory changes, and regional gaming news that could influence Genting Singapore’s share price. |
Use risk management tools | Set clear stop-loss or take-profit levels, and consider using limit orders to protect your investment against market swings while focusing on Genting Singapore’s core strengths. |
Sell at the right time | Plan your exit by watching for technical resistance at levels like SGD 0.76 or major news events, and consider trimming your position during bullish cycles or if fundamentals deteriorate. |
The latest news about Genting Singapore
Genting Singapore’s stock rebounded 2.07% over the past week, confirming renewed near-term investor interest. This uptick outperformed both the Straits Times Index and several regional gaming peers, reflecting positive sentiment driven by robust first-quarter figures, recent dividend declaration, and confidence in the progressing RWS 2.0 expansion. The average daily volume remained healthy at nearly 35 million shares, suggesting that market participants are actively positioning on Genting’s recovery story.
The company maintained its final dividend payout at SGD 0.02 per share, yielding 5.48%, reassuring income-focused investors. Despite a marginal 5.4% decline in net profit for FY2024, Genting Singapore’s management signaled continued shareholder orientation by sustaining its dividend policy. This move resonates well in the Singapore market, where stable and attractive yields are highly prized in a low interest rate environment and where there is no withholding tax on dividends, making the stock especially appealing for both local and international investors.
Ongoing RWS 2.0 expansion, valued at SGD 6.8 billion, remains a central growth catalyst for the Singapore business. The recent launch of the Pierre Hermé boutique, alongside major upgrades to the Universal Studios Singapore and the S.E.A. Aquarium, reinforces management’s commitment to keeping Resorts World Sentosa a premier integrated resort. Analysts believe these enhancements will drive higher visitor traffic as tourism in Singapore continues to normalize, heralding long-term earnings growth.
Short- to medium-term technical indicators shifted bullish, though longer-term momentum remains subdued. With Genting Singapore now trading above its 20-, 50-, and 100-day moving averages, near-term technical momentum is positive, supported by an RSI of 59.83. However, the persistent discount to the 200-day average and a lingering negative MACD reflect that the market has yet to fully commit to a sustained upward trend, in part due to headwinds from inflation and regional competition.
Analyst consensus remains upbeat with a 32% price target upside and strong “Outperform” recommendations. The major local brokerages, including DBS and CGS International, have reiterated their positive view in the last week, adjusting price targets only modestly despite the broader sector’s volatility. Their consensus reflects expectations of revenue acceleration by 2026 as new facilities at Resorts World Sentosa come online, and a view that Genting Singapore’s significant net cash position provides both downside protection and flexibility for future investments in Singapore and the region.
FAQ
What is the latest dividend for Genting Singapore stock?
Genting Singapore currently pays a dividend. The most recent dividend was SGD 0.02 per share, with the ex-dividend date on May 2, 2025. This reflects the company’s steady dividend policy, maintaining the same payout as last year despite a dip in profits. The current dividend yield stands at 5.48%, which remains attractive in the Singapore market and highlights Genting Singapore’s commitment to returning value to shareholders while navigating a competitive landscape.
What is the forecast for Genting Singapore stock in 2025, 2026, and 2027?
Based on the latest share price of SGD 0.74, the projected values are SGD 0.96 at the end of 2025, SGD 1.11 at the end of 2026, and SGD 1.48 at the end of 2027. These projections reflect optimism supported by sector recovery, increased tourism, and ongoing expansion of Resorts World Sentosa. The company’s strong cash position and analyst consensus for outperformance further support a positive long-term outlook.
Should I sell my Genting Singapore shares?
Holding onto Genting Singapore shares may be worthwhile, given its resilient performance and leading position in Singapore’s duopoly casino market. The company shows a healthy balance sheet, strong cash reserves, and an attractive dividend yield, in addition to promising expansion plans and sector recovery. Despite recent profit declines, its fundamentals and strategic projects position Genting Singapore for potential mid- to long-term growth. Investors might choose to remain patient to benefit from upcoming catalysts.
Are dividends from Genting Singapore stock subject to tax in Singapore?
Dividends paid by Genting Singapore are not subject to withholding tax for either resident or non-resident shareholders, as Singapore has a single-tier corporate tax system. In addition, capital gains from the sale of shares are not taxed. Investors can also include Genting Singapore shares in their Supplementary Retirement Scheme (SRS) accounts, providing further tax advantages for retirement savings.
What is the latest dividend for Genting Singapore stock?
Genting Singapore currently pays a dividend. The most recent dividend was SGD 0.02 per share, with the ex-dividend date on May 2, 2025. This reflects the company’s steady dividend policy, maintaining the same payout as last year despite a dip in profits. The current dividend yield stands at 5.48%, which remains attractive in the Singapore market and highlights Genting Singapore’s commitment to returning value to shareholders while navigating a competitive landscape.
What is the forecast for Genting Singapore stock in 2025, 2026, and 2027?
Based on the latest share price of SGD 0.74, the projected values are SGD 0.96 at the end of 2025, SGD 1.11 at the end of 2026, and SGD 1.48 at the end of 2027. These projections reflect optimism supported by sector recovery, increased tourism, and ongoing expansion of Resorts World Sentosa. The company’s strong cash position and analyst consensus for outperformance further support a positive long-term outlook.
Should I sell my Genting Singapore shares?
Holding onto Genting Singapore shares may be worthwhile, given its resilient performance and leading position in Singapore’s duopoly casino market. The company shows a healthy balance sheet, strong cash reserves, and an attractive dividend yield, in addition to promising expansion plans and sector recovery. Despite recent profit declines, its fundamentals and strategic projects position Genting Singapore for potential mid- to long-term growth. Investors might choose to remain patient to benefit from upcoming catalysts.
Are dividends from Genting Singapore stock subject to tax in Singapore?
Dividends paid by Genting Singapore are not subject to withholding tax for either resident or non-resident shareholders, as Singapore has a single-tier corporate tax system. In addition, capital gains from the sale of shares are not taxed. Investors can also include Genting Singapore shares in their Supplementary Retirement Scheme (SRS) accounts, providing further tax advantages for retirement savings.