Two that have fared well and been given buy ratings are listed below. Here's what the broker is recommending to clients:

Collins Foods Ltd (ASX: CKF)

This quick service restaurant operator could be worth considering according to Morgans.

It was pleased with the company's recent announcement of plans to make a bolt-on acquisition for its KFC business in Germany. Morgans described it as "sensible" and highlights that it is expected to be immediately accretive to earnings.

In response, the broker has upgraded this ASX dividend stock to a buy rating with a $12.70 price target. It said:

CKF has announced what we see as a high-quality German KFC bolt-on at attractive economics. CKF is acquiring an eight-restaurant Bavarian portfolio at just under 6x restaurant-level EBITDA (pre-AASB 16) and expects the deal to be immediately EPS accretive. The Germany runway has been extended through the German Development Agreement (DA) to 45-90 new restaurants (from 40-70), materially extending the organic growth runway.

We believe this was a sensible, returns-focused deal that adds weight to the Germany growth story; execution is still key, but with a refreshed team and strong operators at the helm, success in Germany should be the catalyst for a re-rate despite lingering Netherlands noise. We upgrade to a BUY with a $12.70 target (was $12.40).

As for income, Morgans is forecasting fully franked dividends of 29 cents per share in FY 2026 and then 35 cents per share in FY 2027. Based on its current share price of $9.79, this would mean dividend yields of 3% and 3.6%, respectively.

Jumbo Interactive Ltd (ASX: JIN)

Another ASX dividend stock that Morgans is recommending is online lottery ticket seller Jumbo Interactive.

It responded positively to the company's half-year results and put a buy rating and $14.90 price target on its shares. The broker said:

Jumbo Interactive (JIN) reported a solid 1H26 result, with most headline metrics pre-released. While Lottery Retailing was impacted by a softer jackpot cycle, offshore segments delivered encouraging growth and margin expansion. Managed Services continues to build momentum, with Canada EBITDA guidance upgraded and the UK tracking nicely. Underlying SaaS trends remain healthy ex-Lotterywest.

Following the update, we believe JIN can delever by FY27F, assuming a normalisation in Australian jackpot activity and continued offshore earnings growth. We have updated our model to reflect upgraded Managed Services and Prize Draw guidance, alongside refreshed FX assumptions. Our underlying EBITDA increases +1%/+5% across FY26-27F. We maintain our BUY recommendation with an unchanged $14.90 target price.

With respect to dividends, Morgans expects fully franked payouts of 28 cents per share in FY 2026 and then 38 cents per share in FY 2027. Based on its current share price of $7.71, this would mean dividend yields of 3.6% and 4.9%, respectively

The post 2 ASX dividend stocks Morgans rates as buys appeared first on The Motley Fool Australia.

More than 400 companies in the ASX All Ords fell yesterday, with some hitting new 52-week lows.

Brokers say these ASX All Ords shares are good buys in today's market.

Here are their 12-month share price targets on each stock.

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price fell to a 52-week low of $11.68 on Thursday.

The ASX All Ords tech share is down 29% in the year to date (YTD), and down 22% over the past 12 months.

Following the stock's recent fall, Morgans upgraded its rating from accumulate to buy.

However, the broker reduced its 12-month price target from $20 to $16.70.

Morgans said:

We see tailwinds remaining supportive of OCL's long-term growth momentum.

Generation Development Group Ltd (ASX: GDG)

The Generation Development Group share price fell to a 52-week low of $3.71 yesterday.

The ASX All Ords financial share is down 35% YTD, and down 21% over the past 12 months.

Morgans recently retained its buy rating but reduced its 12-month price target from $7.97 to $6.66.

The broker said:

We believe GDG has a great story, and management has executed well over time.

Jumbo Interactive Ltd (ASX: JIN)

The Jumbo Interactive share price dropped to a 52-week trough of $7.66 yesterday.

This ASX All Ords gaming share has fallen 32% YTD, and is down 25% over the past 12 months.

Jarden has a buy rating on Jumbo Interactive shares with a price target of $12.70.

Cleanaway Waste Management Ltd (ASX: CWY)

The Cleanaway Waste Management share price fell to a 52-week low of $2.31 on Thursday.

The ASX All Ords industrials share has fallen 11% YTD, and dropped 9% over 12 months.

Morgans has a buy rating with a 12-month price target of $3.11.

The broker commented:

1H26 was a mixed bag, with a minor bottom-of-the-range EBIT guidance upgrade.

Next catalyst is the investor strategy day planned for 21 April.

Earnings forecast adjustments are minimal, cashflow downgrades more material.

Sonic Healthcare Ltd (ASX: SHL)

The Sonic Healthcare share price fell to a 52-week low of $20.50 on Thursday.

The ASX All Ords healthcare share has deteriorated 8% YTD and 20% over the past year.

Macquarie has an outperform rating on Sonic Healthcare with a price target of $27.50.

Saluda Medical Inc (ASX: SLD)

Fellow ASX All Ords healthcare share, Saluda Medical, dropped to a 52-week low of 80 cents yesterday.

The Saluda Medical share price has tumbled 42% YTD, and is down 35% over 12 months.

Morgans has a speculative buy rating with a 12-month price target of $3.07.

The broker said:

1H26 showed solid revenue momentum, improving margins, and continued expansion of the US sales force, supporting confidence in a stronger 2H.

Reiteration of FY26 revenue guidance (US$85m) added further comfort and now expects to exceed IPO metrics for gross margin, adjusted EBITDA and cash burn.

The post 6 ASX All Ords shares at 52-week lows: Experts say buy appeared first on The Motley Fool Australia.

Right now, the Jumbo share price is down 2.70% to $8.64 amid a broader sell-off across the ASX linked to escalating conflict in the Middle East. The stock is now down more than 25% over the past year and well below its 2024 highs above $15.

With sentiment fragile, the key question is whether this pullback has gone too far.

Let's take a closer look.

A brutal chart breakdown

Looking at the chart, Jumbo's trend has clearly deteriorated over the past 12 months.

The stock has been making a series of lower highs and lower lows, confirming a sustained downtrend. Importantly, the recent fall has pushed shares below the $9 level, which had previously acted as psychological support.

At $8.64, the next obvious historical support zone sits around $8.50. Below that, there is limited visible support until the $7.50 to $8 range based on pre-2020 trading levels.

Momentum indicators suggest the sell-off may be stretched in the short term. The relative strength index (RSI) is hovering around 30, placing the stock near oversold territory.

Meanwhile, the share price is trading near the lower Bollinger Band, another sign that volatility has expanded and the stock is extended on the downside. In previous cycles, similar conditions have led to short-term relief rallies.

Is the business broken?

While the share price has been punished, the latest half-year result released last Wednesday showed continued growth across key metrics.

For the 6 months to 31 December 2025, Jumbo reported total transaction value of $524 million, up 15.6% year on year. Group revenue rose 29% to $85.3 million, while underlying EBITDA increased 22.6% to $37.5 million.

The company also declared an interim dividend of 12 cents per share, reflecting a payout ratio of 49% and sitting at the top end of its 30% to 50% target range.

Importantly, management upgraded parts of its FY26 outlook, including expectations for its Dream Giveaways UK business and Canadian managed services segment.

Buying opportunity or value trap?

At $8.64, Jumbo trades on a price-to-earnings (P/E) ratio of around 14.5 times with a dividend yield near 4.9%. That valuation is well below where the stock traded during its growth phase in 2021 and 2022.

If geopolitical tensions ease and broader market confidence stabilises, a recovery toward former resistance around $10 to $11 would not be unrealistic.

That said, the chart remains weak in the short term, and a sustained move above $9.50 would help signal a potential trend reversal.

At a 7-year low, investors must balance ongoing technical weakness against a business that continues to generate profits and deliver growth.

The post Jumbo hits a 7-year low as markets continue to tumble. Time to buy the dip? appeared first on The Motley Fool Australia.

Three broker buy ratings that you might want to know more about are summarised below. Here's why brokers think these ASX shares are in the buy zone right now:

DroneShield Ltd (ASX: DRO)

According to a note out of Bell Potter, its analysts have retained their buy rating on this counter-drone technology company's shares with a trimmed price target of $4.80. This follows the release of full-year results that were strong, but just a touch short of expectations due to a weaker-than-expected gross margin. Nevertheless, Bell Potter remains very positive. It once again highlights that the company has a market-leading offering and a strengthening competitive advantage owing to its years of battlefield experience and large and focused R&D team. It is also expecting 2026 to be an inflection point for the global C-UAS industry with a wave of spending on solutions. As a result, it believes DroneShield should see material contracts flowing from its $2.3 billion potential sales pipeline over the next three to six months. The DroneShield share price is trading at $3.64 on Friday.

Jumbo Interactive Ltd (ASX: JIN)

A note out of Morgans reveals that its analysts have retained their buy rating and $14.90 price target on this lottery ticket seller's shares. Morgans was pleased with Jumbo's performance in the first half, noting that it delivered a solid result. In addition, it was pleased to see that managed services continues to build momentum and that underlying SaaS trends remain healthy. Another positive is that Morgans believes the company can de-lever its balance sheet in FY 2027, leaving it well-placed for the remainder of the decade. The Jumbo share price is fetching $9.78 at the time of writing.

Qantas Airways Ltd (ASX: QAN)

Analysts at Macquarie have retained their outperform rating on this airline operator's shares with a trimmed price target of $12.00. According to the note, Macquarie was pleased with Qantas' performance during the first half. It highlights that the Flying Kangaroo's earnings were ahead of its expectations thanks to strong performances from Jetstar and Qantas Domestic. This reflects new fleet benefits for Jetstar and stronger Domestic yields. Looking ahead, the broker is expecting further earnings growth as Qantas reaps the benefits of its fleet renewal and cost discipline. The Qantas share price is trading at $9.92 this afternoon.

The post Brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.

The ASX 300 reached a new all-time high of 9,134.4 points in earlier trading.

Meanwhile, the brokers have been busy reviewing company reports and re-rating ASX 300 shares as buys, holds, or sells.

Let's take a look at what Morgans thinks of these two ASX 300 companies following their 1H FY26 reports.

Jumbo Interactive Ltd (ASX: JIN)

The Jumbo Interactive share price is $9.91, up 2.2% on Friday.

This ASX 300 gaming share has fallen 14.2% over the past 12 months.

Jumbo Interactive reported revenue of $85.3 million, up 29%, and total transaction value of $524.1 million, up 15.6%, for 1H FY26.

Underlying EBITDA climbed 22.6% to $37.5 million, and underlying net profit after tax (NPAT) increased 22.6% to $22.8 million.

Statutory NPAT was $15.5 million, down 13.4%.

Jumbo Interactive shares will pay a fully-franked interim dividend of 12 cents per share.

Morgans maintained its buy rating on the ASX 300 gaming share, commenting:

Jumbo Interactive (JIN) reported a solid 1H26 result, with most headline metrics pre-released.

While Lottery Retailing was impacted by a softer jackpot cycle, offshore segments delivered encouraging growth and margin expansion.

Managed Services continues to build momentum, with Canada EBITDA guidance upgraded and the UK tracking nicely.

Underlying SaaS trends remain healthy ex-Lotterywest.

Following the update, we believe JIN can delever by FY27F, assuming a normalisation in Australian jackpot activity and continued offshore earnings growth.

The broker kept its 12-month share price target unchanged at $14.90.

Tabcorp Holdings Ltd (ASX: TAH)

The Tabcorp share price is $1.07, up 3.9% on Friday.

This ASX 300 gaming share has soared 47.9% over the past 12 months.

Tabcorp smashed expectations with a 61.5% increase in NPAT (before significant items) to $35.7 million for 1H FY26.

This led to a 21.3% surge in the Tabcorp share price on the day.

Group revenue was $1,344.9 million, up 1% year over year, and EBITDA (before significant items) was $217.4 million, up 14.3%.

Tabcorp shares will pay an unfranked interim dividend of 1.5 cents per share, up 50% on last year.

After reviewing the numbers, Morgans maintained its accumulate rating on this ASX 300 gaming share.

The broker said:

Tabcorp Holdings (TAH) reported a very strong 1H26 result, with resilient turnover, improved margins and disciplined cost control driving double-digit EBITDA growth despite a softer wagering yield environment through the Spring Carnival and Footy Finals period.

New and exclusive products resonated well, particularly with younger cohorts, with digital turnover among 18-24 year olds up +14%.

The broker increased its 12-month price target on Tabcorp shares from $1.07 to $1.20.

The post What is Morgans saying about Jumbo Interactive and Tabcorp shares? appeared first on The Motley Fool Australia.

In early trade, Jumbo shares are up 1.37% to $9.59. Despite today's gain, the stock remains down roughly 10% over the past month.

Here's what the lottery software and digital gaming group reported.

Revenue jumps 29% following acquisitions

Jumbo reported revenue of $85.3 million for the half, up 29% on the prior corresponding period.

Total transaction value rose 15.6% to $524.1 million, reflecting continued demand across its lottery and managed services segments.

Statutory net profit after tax (NPAT) came in at $15.5 million, down 13.4% year on year. However, underlying NPAT increased 22.6% to $22.8 million, highlighting the impact of acquisition-related and other non-recurring items.

Underlying EBITDA climbed 22.6% to $37.5 million, with the underlying EBITDA margin holding above 40%.

The company declared a fully-franked interim dividend of 12 cents per share, representing a 49% payout ratio. The dividend will be paid on 18 March 2026.

Dream Giveaways delivers strong contribution

A key driver of growth during the half was the Dream Giveaways business in the UK and the US.

The UK operation delivered strong revenue and EBITDA performance, with management noting it is tracking ahead of expectations. The US business is progressing in line with plan following its October acquisition.

The Managed Services segment also contributed positively, with Canada guidance upgraded. Underlying EBITDA growth in Canada is now expected to be between 20% and 25% in FY26.

Meanwhile, the core Australia Lottery Retailing business remained resilient despite a softer jackpot environment compared with the prior period.

Strong cash generation and balance sheet flexibility

Operating cash flow rose 9% on a 4-year compound basis, with the company reporting a cash conversion ratio of 129%.

Jumbo finished the half with $44.7 million in available cash and $57.8 million in available funds, including undrawn debt facilities.

Net leverage remains conservative at 0.8x, and management confirmed it continues to pursue an on-market share buyback alongside dividend payments.

FY26 outlook upgraded

Jumbo upgraded guidance for parts of its business, particularly Dream Giveaways UK and Canada Managed Services.

For Australia, underlying EBITDA margin guidance remains between 46% and 50%.

Dream Giveaways UK is now expected to deliver underlying EBITDA of 8 million to 8.3 million pounds in FY26. Meanwhile, the US business is forecast to contribute between US$2.7 million and US$3 million.

Foolish Takeaway

Jumbo delivered solid underlying earnings growth in the first half, supported by recent acquisitions and continued momentum across its platform businesses.

Although statutory profit fell due to acquisition-related costs, underlying earnings improved, and management lifted guidance for parts of FY26.

The post Jumbo reports half-year results. Here's what investors need to know appeared first on The Motley Fool Australia.

That's because these shares are being tipped to increase over 50% from current levels by analysts. Here's what you need to know:

CAR Group Limited (ASX: CAR)

Analysts at Bell Potter see significant value in this auto listings company's shares. In response to its half-year results, the broker has put a buy rating and $39.80 price target on its shares. Based on its current share price of $25.07, this implies potential upside of 59% for investors over the next 12 months.

As for income, the broker expects partially franked dividend yields of 3.3% in FY 2026 and then 3.6% in FY 2027. It said:

CAR's global network of auto and non-auto classifieds platforms has scaled the ability to generate cash flows supporting growth investment and shareholder returns simultaneously. CAR is proactively implementing AI solutions across its platforms and geographies on top of a technical eco-system integrated into Dealer management workflows, network effect and unique data sets. Retain Buy.

Jumbo Interactive Ltd (ASX: JIN)

Morgans thinks that this online lottery ticket seller could be an ASX dividend share to buy. Following the release of its preliminary results, the broker put a buy rating and $14.90 price target on its shares. Based on its current share price of $9.51, this suggests upside of 57% is possible for investors between now and this time next year.

It also expects fully franked dividend yields of 3% in FY 2026 and then 3.9% in FY 2027.

Commenting on the company, the broker said:

We have updated our estimates following JIN's preliminary release of headline numbers ahead of the 1H26 result. Group revenue increased 29% yoy to $85.3m, modestly below our expectations due to weaker Lottery Retailing TTV. Underlying group EBITDA of $37.5m rose 22% on the pcp and was in line with our forecasts. Overall, our topline and earnings assumptions remain broadly unchanged. Our FY26-27F NPAT and EPS forecasts increase by 4% and 2% respectively, driven primarily by lower amortisation of acquired intangibles.

At its AGM, JIN revised its dividend payout ratio to 30-50% of statutory Group NPAT to support balance sheet deleveraging following recent acquisitions. The interim dividend will be determined at the 1H26 result (MorgansF: 28cps). We view the 5% share price decline today as an opportunity to build a position in a company capable of delivering >15% EPS CAGR over the next three years. JIN is trading on an undemanding forward EV/EBITDA multiple of ~6x.

The post 2 ASX dividend shares tipped to grow 50% (or more) in 2026 appeared first on The Motley Fool Australia.

Two that have fared well and been given buy ratings are named below. Here's why the broker is bullish on them:

Amcor (ASX: AMC)

Morgans notes that this packaging giant delivered a softer than expected half-year update this week with positives and negatives.

One positive was that Amcor delivered synergy benefits at the high-end of its guidance range during the second quarter. Offsetting this somewhat was the performance of the ASX share's non-core businesses. It explains:

AMC's 1H26 operating performance was slightly softer than expected. However, underlying EPS was largely in line with forecasts and fell within management's guidance range. EPS benefited from a more favourable tax rate, which offset weaker results from the non-core portfolio. A key positive was the delivery of Berry synergy benefits of US$55m in 2Q26, which was at the top end of management's guidance range of US$50-55m. Synergy targets for FY26-28 were reiterated.

A key negative was the performance of the non-core businesses, with volumes down high-single digit percentages during 2Q26. However, following the renegotiation of several customer contracts on better terms, segment performance should improve in 2H26. AMC also noted that discussions around portfolio optimisation are progressing well, and we view any future announcement in this area as a potential positive catalyst for the stock.

In response to the update, the broker has reaffirmed its buy rating with a trimmed price target of $75.80.

Jumbo Interactive Ltd (ASX: JIN)

Another ASX share that Morgans rates as a buy is online lottery ticket seller Jumbo Interactive.

The broker notes that the Oz Lotteries owner delivered slightly softer than expected revenue in the first half but operating earnings largely in line with its estimates. It said:

We have updated our estimates following JIN's preliminary release of headline numbers ahead of the 1H26 result. Group revenue increased 29% yoy to $85.3m, modestly below our expectations due to weaker Lottery Retailing TTV. Underlying group EBITDA of $37.5m rose 22% on the pcp and was in line with our forecasts. Overall, our topline and earnings assumptions remain broadly unchanged. Our FY26-27F NPAT and EPS forecasts increase by 4% and 2% respectively, driven primarily by lower amortisation of acquired intangibles.

Morgans thinks that recent share price weakness has created a buying opportunity. Especially given its positive earnings growth outlook. It adds:

We view the 5% share price decline today as an opportunity to build a position in a company capable of delivering >15% EPS CAGR over the next three years. JIN is trading on an undemanding forward EV/EBITDA multiple of ~6x.

Morgans has retained its buy rating with a trimmed price target of $14.90.

The post Morgans names 2 ASX shares to buy now appeared first on The Motley Fool Australia.

Yesterday, the consumer discretionary stock tumbled almost 5% after it released its preliminary 1H26 Financial Results.

The company operates in the lotteries sector. It develops technology to manage lottery businesses and charity lotteries. It is also a major digital retailer of both national jackpot and charity lotteries in Australia.

Jumbo said revenue is forecast to increase 29% to $85.3 million in the first half. This is supported by a 15.7% rise in total transaction value (TTV) to $524.7 million.

Underlying EBITDA is also expected to grow strongly, reaching $37.5 million for the half, up 22.6% from $30.6 million in the prior corresponding period.

Despite seemingly positive results, it seems investors were left disappointed, as the stock price tumbled on the back of the news. 

What's Bell Potter's view?

Following yesterday's release, Bell Potter provided updated guidance on this ASX consumer discretionary stock. 

The broker said Jumbo's first-half result shows solid execution in diversifying away from lotteries, with SaaS, Managed Services, and charity and proprietary products driving growth and lifting non-TLC revenue to an estimated 39% of total revenue, up from 29% in FY25. 

However, this strength masks weakness in Lotteries, with total transaction value of $207.9m coming in 6% below expectations. 

According to the report, this points to potential market share pressure at Oz Lotteries or softer-than-expected digital penetration. 

Greater clarity on the lottery market share is expected following The Lottery Corp's 1H26 report on 18 February. 

Based on this guidance, EPS estimates were revised (-4%/+4%/+4%). 

This reflects the 1H26e result, lower jackpots, digital penetration and market share in FY26e, higher marketing costs, and revised amortisation, while the target price has been reduced due to a higher asset beta amid rising AI-related risks for software companies.

Price target reduction for this consumer discretionary stock

In Bell Potter's report, the broker revealed an updated price target of $10.80 (previously $12.80). 

It maintained its hold recommendation. 

From yesterday's closing price of $10.01, that indicates an upside of approximately 8%. 

We continue to see risks to JIN's market share as TLC's offering improves and as new players play lotteries. We await evidence of positive market share data during periods of strong Powerball jackpots before we turn more positive on the stock. Further, we believe there is potential for worsening sentiment towards software companies driven by advancements in AI technology that would see increasing competition for these companies.

The post Is this ASX consumer discretionary stock a buy after yesterday's crash? appeared first on The Motley Fool Australia.

Four ASX shares that have failed to follow the market higher today are named below. Here's why they are falling:

Hot Chili Ltd (ASX: HCH)

The Hot Chili share price is down 3.5% to $1.87. This follows news that the gold developer has raised $40 million at a discount of $1.65 per new share. The company notes that upon completion of the capital raise, it will be well funded in 2026 to deliver strong growth and development milestones for the Costa Fuego copper-gold project, which is located in the coastal range of Chile. Hot Chili's managing director, Christian Easterday, said: "We are delighted by the overwhelming support received from new and existing institutional investors, as well as our top three major shareholders, in the Placement. The strong participation from these groups highlights the confidence in our strategy to continue driving Hot Chili's re-rate into a rising copper market."

Jumbo Interactive Ltd (ASX: JIN)

The Jumbo share price is down 6% to $9.91. Investors have been selling this online lottery ticket seller's shares despite it delivering a strong half-year update this morning. The company revealed that revenue is expected to rise 29% to $85.3 million in the first half, after total transaction value (TTV) increased 15.7% to $524.7 million. Underlying EBITDA is expected to be $37.5 million for the first half. This will be up 22.6% from $30.6 million in the prior corresponding period. This strong performance was achieved despite the broader lottery environment being relatively weak.

PYC Therapeutics Ltd (ASX: PYC)

The PYC Therapeutics share price is down 6% to $1.50. This has been driven by the completion of an institutional placement. The precision medicine company has attracted strong support from new investors and existing institutional shareholders. This saw PYC receive commitments for a total of $537 million at an offer price of $1.50 per new share. The financing has extended its cash runway through to 2030. This will allow PYC to deliver important human safety and efficacy data for all four of its drug development programs.

Xero Ltd (ASX: XRO)

The Xero share price is down 13% to $83.05. Investors have been selling this cloud accounting platform provider's shares following a brutal selloff in the tech sector on Wednesday amid AI disruption concerns. This has seen the S&P/ASX All Technology Index sink over 6% this afternoon. Not even a number of bullish broker notes have been able to stop Xero shares from crashing. One of those was from Macquarie Group Ltd (ASX: MQG), which has retained its outperform rating with an improved price target of $233.80.

The post Why Hot Chili, Jumbo, PYC, and Xero shares are sinking today appeared first on The Motley Fool Australia.

At the time of writing, the ASX 300 stock is down 3.5% to $10.15.

Why is this ASX 300 stock tumbling?

Investors have been selling the lottery ticket seller's shares following the release of a preliminary update on its first-half results.

The ASX 300 stock delivered strong profit growth during the half despite a softer lottery jackpot environment.

According to the release, Jumbo revealed that revenue is expected to rise 29% to $85.3 million in the first half, after total transaction value (TTV) increased 15.7% to $524.7 million.

Also growing at a strong rate was its underlying EBITDA, which is expected to be $37.5 million for the first half. This is up 22.6% from $30.6 million in the prior corresponding period.

What drove the strong performance?

Jumbo's strong performance during the first half is notable because the broader lottery environment was relatively weak. There were fewer large Powerball and Oz Lotto jackpots, no jackpots above $100 million, and a sharp drop in total prize value compared to last year.

Historically, jackpots tend to drive higher lottery spending, so this was a headwind for the sector.

Despite this, Jumbo's Lottery Retailing division delivered a resilient result, with TTV broadly flat year on year. The company said this was supported by continued momentum in charity and proprietary products, which helped offset the quieter jackpot cycle.

Away from traditional lottery retailing, growth was stronger. Jumbo's SaaS segment recorded TTV growth of 9.9%, and 12.4% excluding Lotterywest, showing that its B2B platforms continue to scale.

Managed Services was another bright spot, with underlying EBITDA up more than 50%, driven by good momentum in Canada and disciplined execution in the UK.

Another contributor to the result was the ASX 300 stock's recent expansion into prize-based giveaways. Jumbo completed the acquisitions of Dream Car Giveaways UK and Dream Giveaway USA in October 2025. Management said the UK business in particular is performing ahead of expectations.

What about its dividend?

No dividend was announced with its preliminary results. Management advised that its payout will be determined once the audited results are finalised later this month and will reflect its revised payout ratio of 30% to 50% of statutory net profit.

The post ASX 300 stock tumbles despite 22% profit jump appeared first on The Motley Fool Australia.

Three smart picks according to analysts are named below. Here's what they are expecting from them:

Cedar Woods Properties Limited (ASX: CWP)

The first ASX dividend share that could be a buy according to analysts is Cedar Woods.

It is one of Australia's leading property developers with a portfolio that is diversified by geography, price point, and product type. This includes subdivisions in emerging residential communities, high-density apartments, and townhouses in inner-city neighbourhoods.

Bell Potter is a big fan of Cedar Woods. It believes the company is well-positioned to benefit from Australia's chronic housing shortage.

The broker expects this to support dividends per share of 35 cents in FY 2026 and then 39 cents in FY 2027. Based on its current share price of $8.09, this equates to 4.3% and 4.7% dividend yields, respectively.

Bell Potter has a buy rating and $10.00 price target on its shares.

Jumbo Interactive Ltd (ASX: JIN)

Another ASX dividend share that could be a smart buy according to analysts is Jumbo Interactive.

It is an online lottery ticket seller and lottery platform provider, best known for its Oz Lotteries app and Powered by Jumbo platform.

The team at Macquarie believes it is positioned to reward shareholders with fully franked dividends of 39.5 cents per share in FY 2026 and then 54 cents per share in FY 2027. Based on its current share price of $10.26, this would mean dividend yields of 3.85% and 5.25%, respectively.

The broker currently has an outperform rating and $14.60 price target on its shares.

Rural Funds Group (ASX: RFF)

A third and final ASX dividend share for smart investors to look at is Rural Funds.

It is a property company that owns agricultural assets such as cattle properties, vineyards, and cropping land. Rural Funds leases these properties to high-quality tenants on long-term agreements with periodic rental increases built in.

This gives Rural Funds great visibility on its future earnings and has allowed it to grow its dividend at a consistent rate for many years.

Bell Potter is expecting the company to reward shareholders with an 11.7 cents per share dividend in both FY 2026 and FY 2027. Based on its current share price of $2.03, this would mean attractive 5.8% dividend yields.

The broker has a buy rating and $2.45 price target on its shares.

The post 3 ASX dividend shares for smart investors to buy appeared first on The Motley Fool Australia.

The key lesson is simple: the earlier and more consistently you invest, the greater the long-term potential. Monthly contributions may feel small at first, but when they're reinvested and allowed to compound over decades, the results can be powerful.

Rather than chasing quick wins or headline yields, I'd focus on building a diversified income portfolio designed to grow steadily and sustainably.

Working backwards from a $50,000 income goal

Let's start with the maths.

If an investor wanted to generate $50,000 per year in dividends and distributions, a useful starting assumption is a 3% portfolio yield. That's deliberately conservative and avoids relying on unusually high payouts.

At a 3% yield:

• $50,000 ÷ 3% = $1.67 million portfolio value

That figure can sound daunting at first glance. 

But it's important to remember two things.

First, this is the end point, not the starting line. Most of the heavy lifting is done by compounding over time. Second, the yield itself isn't static. Many quality income investments aim to grow distributions over time, meaning the income can rise even if the portfolio value stays the same.

For simplicity, this calculation does not include franking credits. In reality, franking can materially lift after-tax income for Australian investors. The benefit will vary depending on the mix of shares and funds held, but for portfolios tilted towards Australian equities, franking is typically a tailwind rather than a headwind.

Why starting early matters more than starting big

One of the biggest advantages an investor can give themselves is time.

Regular monthly investing achieves three things at once:

• It smooths out market volatility
  
• It builds the habit of saving and investing
  
• It maximises the compounding runway
  

Increasing contributions earlier in life can have an outsized impact on the eventual outcome. Even small increases in monthly savings, made early, can reduce the pressure to contribute far more later on.

Over decades, capital growth, reinvested income, and incremental increases in savings can work together in a way that's difficult to replicate with lump-sum investing alone.

A simple foundation using diversified income investments

For a core portfolio, I'd keep things straightforward.

One option is the Vanguard Australian Shares High Yield ETF (ASX: VHY), which provides exposure to a diversified basket of Australian companies with above-average dividend yields. It spreads risk across sectors and offers access to franked income without needing to pick individual stocks.

To complement that, the L1 Long Short Fund Ltd (ASX: LSF) offers a different income profile. As a listed investment company, it aims to generate returns across market cycles, with the ability to smooth dividends using profit reserves. This can add diversification away from traditional long-only equity income.

Used together, funds like these can form a simple base designed to deliver income while reducing reliance on any single company or sector.

Adding quality businesses for dividend growth

For investors willing to be more hands-on, adding a selection of individual ASX dividend shares can provide another layer of income growth.

A long-standing example, Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) has built a reputation for steady dividend increases across multiple decades, supported by a diversified investment portfolio.

For more defensive income, Telstra Group Ltd (ASX: TLS) remains a widely followed option. It is essentially a monopoly on Australian telecommunications, so predictable cash flows have historically supported ongoing shareholder distributions.

Meanwhile, Jumbo Interactive Ltd (ASX: JIN) shows how niche digital businesses can translate recurring customer activity into growing cash returns for investors.

These types of companies can complement ETFs by introducing the potential for dividend growth over time.

Bringing it all together

Generating $50,000 a year in passive income isn't about finding a single perfect stock or timing the market just right. It's about building a diversified portfolio, contributing regularly, reinvesting early income, and letting time do the work.

The mix of ETFs and quality businesses will differ from investor to investor. So will the pace of contributions and the eventual yield. But the underlying principle remains the same: consistent investing, compounded over long periods, can turn monthly savings into a powerful income stream.

It may not be exciting week to week. But over decades, it can be remarkably effective.

The post How I'd invest monthly savings to generate over $50,000 passive income appeared first on The Motley Fool Australia.

These three ASX dividend shares have been named as buys by analysts and tipped to provide attractive yields in the near term. Here's what they are recommending:

Telstra Group Ltd (ASX: TLS)

Telstra remains one of the most widely held dividend shares on the ASX, and for good reason.

As Australia's largest telecommunications provider, the company benefits from essential infrastructure, a large customer base, and predictable cash flows. Demand for mobile and data services tends to be resilient across economic cycles, which supports ongoing dividend payments.

Macquarie is positive on the telco giant and currently has an outperform rating on its shares with a $5.04 price target.

As for income, the broker is forecasting fully franked dividends of 20 cents per share in FY 2026 and 21 cents per share in FY 2027. Based on its current share price of $4.81, this would mean dividend yields of 4.15% and 4.4%, respectively.

For investors seeking stability and dependable dividends, Telstra could be a core holding in a balanced income portfolio.

Jumbo Interactive Ltd (ASX: JIN)

Jumbo Interactive is another ASX dividend share that has been named as a buy.

It operates online lottery ticketing platforms, including Oz Lotteries, and benefits from recurring customer activity and strong cash generation. With limited reinvestment requirements, a large portion of earnings can be returned to shareholders.

Macquarie is bullish on Jumbo Interactive, giving its shares an outperform rating and $14.60 price target.

On the income side, the broker expects fully franked dividends of 39.5 cents per share in FY 2026 and 54 cents per share in FY 2027. From its current share price of $11.22, this represents dividend yields of 3.5% and 4.8%, respectively.

Lovisa Holdings Ltd (ASX: LOV)

Finally, Lovisa is not your typical ASX dividend share, but its cash generation has allowed it to deliver both growth and income.

The fast-fashion jewellery retailer has successfully expanded its store network globally while maintaining strong margins and disciplined capital management. This has enabled the company to return capital to shareholders even while continuing to grow.

Morgans thinks its shares are good value and has put a buy rating and $40.00 price target on them.

With respect to income, the broker is forecasting dividends of 92 cents per share in FY 2026 and 114 cents per share in FY 2027. Based on its current share price of $29.98, this would mean dividend yields of 3.1% and 3.8%, respectively.

The post Why Telstra and these ASX dividend shares could be top buys appeared first on The Motley Fool Australia.

If you do, then it could be worth looking at the three ASX dividend stocks named below.

They have recently been tipped as buys and are forecast by brokers to pay attractive dividends in the near term.

Here's what you need to know about them:

Coles Group Ltd (ASX: COL)

As one of Australia's largest supermarket chains, Coles benefits from steady, recession-resistant demand that makes for dependable cashflow. Aussies always need the groceries and household essentials that fill their fridges and shelves.

This sort of consistent demand, together with strong pricing power, helps support the company's dividends year after year.

Macquarie is feeling bullish about Coles' outlook and expects fully franked dividends of 78 cents per share in FY 2026 and then 86 cents per share in FY 2027. Based on its current share price of $21.39, this would mean dividend yields of 3.6% and 4%, respectively.

The broker has an outperform rating and $26.10 price target on its shares.

IPH Ltd (ASX: IPH)

Another ASX dividend stock that has been given the thumbs up by analysts is IPH.

It is a global intellectual property services company that helps clients protect their patents, trademarks, and intellectual property across multiple jurisdictions through firms like Smart & Biggar and Spruson & Ferguson.

Its defensive revenue profile, strong cash conversion, and disciplined capital management have allowed the company to pay generous dividends over many years.

The good news is that Morgans expects this trend to continue. It is forecasting fully franked dividends of 37 cents per share in both FY 2026 and FY 2027. Based on the current IPH share price of $3.54, this implies massive 10% dividend yields.

Morgans also sees plenty of upside for investors. It has a buy rating and $6.05 price target on its shares.

Jumbo Interactive Ltd (ASX: JIN)

A final ASX dividend stock that income investors might want to look at is Jumbo Interactive.

It is an online lottery ticket seller and lottery platform provider behind the Oz Lotteries app and Powered by Jumbo platform.

Macquarie is feeling bullish on the company. It believes it is positioned to pay fully franked dividends of 33 cents per share in FY 2026 and then 44.5 cents per share in FY 2027. Based on its current share price of $11.30, this would mean dividend yields of 2.9% and 3.9%, respectively.

Macquarie has an outperform rating and $15.00 price target on its shares.

The post Brokers name 3 ASX dividend stocks to buy in 2026 appeared first on The Motley Fool Australia.

To narrow things down, let's take a look at three ASX dividend stocks that analysts are tipping as buys this month. They are as follows:

Jumbo Interactive Ltd (ASX: JIN)

The first ASX dividend stock to look at is Jumbo Interactive. It is an online lottery ticket seller and lottery platform provider, best known for its Oz Lotteries app and Powered by Jumbo platform.

The team at Macquarie is positive on Jumbo and sees significant value in its shares at current levels. Especially given its strong growth outlook. It said:

We forecast +25% three-year EPS CAGR (FY25-28), and see attractive valuation on 11.5% free-cash-flow yield & 11x P/E, 12-months forward.

The broker is forecasting fully franked dividends of 33 cents per share in FY 2026 and then 44.5 cents per share in FY 2027. Based on its current share price of $10.93, this would mean dividend yields of 3% and 4.1%, respectively.

Macquarie has an outperform rating and $15.00 price target on its shares.

Sonic Healthcare Ltd (ASX: SHL)

Another ASX dividend stock that could be a buy according to analysts is Sonic Healthcare. It is one of the largest pathology and diagnostic imaging providers in the world.

Bell Potter is positive on this one and believes it is well-placed for solid growth in the coming years. It explains:

One can expect SHL to generate solid mid-high single digit organic EPS growth with addon benefit of acquisitions to drive double-digit growth on a normal basis. SHL is a sold compound generator, which is why it holds appeal in our view.

As for dividends, the broker expects partially franked dividends of 109 cents per share in FY 2026 and then 111 cents per share in FY 2027. Based on its current share price of $22.52, this represents dividend yields of 4.8% and 4.9%, respectively.

Bell Potter has a buy rating and $33.30 price target on its shares.

Universal Store Holdings Ltd (ASX: UNI)

Finally, Universal Store could be an ASX dividend stock to buy. It is a youth-focused fashion retailer behind the Thrills, Perfect Stranger, and Universal Store.

Bell Potter believes the company is well-placed for growth thanks to its private label expansion and store rollout. It said:

At ~18x FY26e P/E (BPe), we see UNI trading at a discount to the ASX300 peer group and see the multiple justified by the distinctive growth traits supporting consistent outperformance in a challenging broader category, longer term opportunity with three brands, organic gross margin expansion via private label product penetration (currently ~55%) and management execution.

It is forecasting fully franked dividends of 37.3 cents per share in FY 2026 and then 41.4 cents per share in FY 2027. Based on its current share price of $8.08, this equates to dividend yields of 4.6% and 5.1%, respectively.

Bell Potter has a buy rating and $10.50 price target on its shares.

The post Experts say these ASX dividend stocks are cheap buys appeared first on The Motley Fool Australia.

Shares in the online lottery ticket seller and platform provider finished the session at $10.93, up 1.02%, with investors yet to digest the news during normal trading hours.

Here are the key details.

What was announced?

According to the release, Lotterywest has awarded Brightstar Lottery PLC (NYSE: BRSL) a contract to deliver a new gaming and digital solutions platform.

Under the proposed structure, Brightstar will act as the prime contractor, with Jumbo working alongside it under a subcontract arrangement. Jumbo will supply key digital components, including its website and mobile application technology, as well as elements of its Player Account Management capability.

These features will be delivered through Jumbo's proprietary Jumbo Lottery Platform (JLP), which already supports a range of government and charity lotteries globally.

Jumbo also noted that its existing SaaS agreement with Lotterywest, which supports the Lotterywest by Oz Lotteries digital channel, will continue as normal.

Why this matters for Jumbo investors?

Jumbo hasn't put any figures around the update, and the proposed subcontract is still subject to negotiation and board approval.

That said, the announcement reinforces Jumbo's position as a trusted digital partner in regulated lottery markets.

Brightstar is one of the world's largest lottery operators, and Jumbo's inclusion in a long-term government platform rollout highlights the strength of its digital offering. The platform transition is expected to be delivered in phases, with a targeted go-live in Q3 2027.

Jumbo said it will update the market once the subcontract terms are finalised.

Looking at the bigger picture

This update comes as Jumbo continues to progress on several parts of the business.

The company has been expanding internationally, particularly in the US, following its Dream Car Giveaways acquisitions. Jumbo has also continued to be viewed by brokers as a cash-generative, dividend-paying business, supported by recurring revenue from long-term lottery contracts.

Jumbo shares pulled back from recent highs earlier this year as the market focused on the cost of US expansion. Since then, the company has continued to add platform wins and partnerships that support its longer-term outlook.

What to watch next for Jumbo

In the near term, investors will be watching how the market responds today and whether any further detail emerges around the Brightstar subcontract.

Over time, the update adds another data point, showing Jumbo's platform continues to be used in large, regulated lottery systems.

For now, I'll be watching from the sidelines.

The post Why Jumbo shares could be one to watch today appeared first on The Motley Fool Australia.

Will the market be able to build on this on Friday and end the week on a high? Here are five things to watch:

ASX 200 expected to rise again

The Australian share market looks set to rise on Friday following a strong night in the United States. According to the latest SPI futures, the ASX 200 is expected to open 48 points or 0.55% higher this morning. In late trade on Wall Street, the Dow Jones is up 0.15%, the S&P 500 is 0.75% higher, and the Nasdaq is storming 1.3% higher.

Oil prices rise

It could be a decent finish to the week for ASX 200 energy shares such as Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) after oil prices rose overnight. According to Bloomberg, the WTI crude oil price is up 0.3% to US$56.12 a barrel and the Brent crude oil price is up 0.2% to US$59.81 a barrel. Traders were buying oil in response to mounting supply risks.

Dividend pay day

Today is a good day to own ANZ Group Holdings Ltd (ASX: ANZ) and Westpac Banking Corp (ASX: WBC) shares. That's because both big four banks are scheduled to pay their latest dividends. ANZ is paying a partially franked 83 cents per share dividend, whereas Westpac is paying a fully franked 77 cents per share dividend to shareholders.

Gold price falls

ASX 200 gold shares such as Evolution Mining Ltd (ASX: EVN) and Northern Star Resources Ltd (ASX: NST) could have a subdued finish to the week after the gold price edged lower overnight. According to CNBC, the gold futures price is down 0.15% to US$4,366.7 an ounce. The precious metal eased after nearing a record high on rate cut optimism.

Jumbo update

Jumbo Interactive Ltd (ASX: JIN) shares will be on watch today after the online lottery ticket sellers made an announcement after the market close yesterday. It advised that Lotterywest has awarded a contract for the development, implementation, and support of a gaming solution and digital solution to replace its existing gaming and digital solutions platform to Brightstar Lottery (NYSE: BRSL) (Brightstar). However, Jumbo revealed that it will work with Brightstar on a subcontractor arrangement to provide components of the solution.

The post 5 things to watch on the ASX 200 on Friday appeared first on The Motley Fool Australia.

But which ASX dividend shares could be buys for investors this week?

Listed below are three that analysts are tipping as buys for income investors:

Cedar Woods Properties Limited (ASX: CWP)

The first ASX dividend share that could be a buy is Cedar Woods.

It is one of Australia's leading property developers with a portfolio that is diversified by geography, price point, and product type. Among its developments are subdivisions in emerging residential communities, high-density apartments, and townhouses in inner-city neighbourhoods.

The team at Bell Potter is positive on Cedar Woods. This is due to Cedar Woods being well-positioned to benefit from Australia's chronic housing shortage.

It is expecting this to underpin dividends per share of 34 cents in FY 2026 and then 38 cents in FY 2027. Based on its current share price of $8.08, this equates to 4.2% and 4.7% dividend yields, respectively.

Bell Potter has a buy rating and $9.70 price target on its shares.

HomeCo Daily Needs REIT (ASX: HDN)

Another property company that is highly rated by analysts is the HomeCo Daily Needs REIT.

It is a real estate investment trust (REIT) that focuses on convenience-based assets. This includes supermarkets, pharmacies, and medical clinics. The type of assets that tend to have stable tenants and long leases.

UBS is positive on the company. It believes it will reward shareholders with dividends of 8.6 cents per share in FY 2026 and then 8.7 cents per share FY 2027. Based on its current share price of $1.39, this would mean dividend yields of 6.2% and 6.3%, respectively.

The broker currently has a buy rating and $1.53 price target on its shares.

Jumbo Interactive Ltd (ASX: JIN)

A third ASX dividend share that gets the thumbs up from analysts is Jumbo Interactive.

It is an online lottery ticket seller and lottery platform provider, best known for its Oz Lotteries app and Powered by Jumbo platform.

The team at Morgan Stanley believes it is positioned to reward shareholders with fully franked dividends of 57.7 cents per share in FY 2026 and then 68.4 cents per share in FY 2027. Based on its current share price of $11.23, this would mean dividend yields of 5.1% and 6.1%, respectively.

The broker currently has an overweight rating and $16.80 price target on its shares.

The post These buy-rated ASX dividend shares offer 4% to 6% yields appeared first on The Motley Fool Australia.

They have been given buy ratings by brokers, who are forecasting attractive and growing payouts in the near term. Here's what they are recommending to clients:

HomeCo Daily Needs REIT (ASX: HDN)

HomeCo Daily Needs REIT could be an ASX dividend share to buy.

It is a real estate investment trust (REIT) that focuses on convenience-based retail centres such as supermarkets, pharmacies, and medical clinics. These are assets that tend to have stable tenants and long leases.

At the last count, its portfolio was valued at $4.9 billion, had 99% occupancy, and a weighted average lease expiry of 4.9 years.

UBS is a fan of the company and believes it is positioned to pay dividends of 8.6 cents per share in FY 2026 and then 8.7 cents per share FY 2027. Based on its current share price of $1.36, this would mean dividend yields of 6.3% and 6.4%, respectively.

The broker has a buy rating and $1.53 price target on its shares.

IPH Ltd (ASX: IPH)

Another ASX dividend share that could be a buy according to analysts is IPH.

It is an international intellectual property services group working throughout 26 IP jurisdictions, with clients in more than 25 countries. The company has a diverse client base of Fortune Global 500 companies and other multinationals, public sector research organisations, SMEs, and professional services firms.

Morgans is a fan of the company and is expecting it to reward shareholders with fully franked dividends of 37 cents per share in FY 2026 and FY 2027. Based on its latest share price of $3.42, this would mean large 10.8% dividend yields for both years.

Morgans has a buy rating and $6.05 price target on its shares.

Jumbo Interactive Ltd (ASX: JIN)

A third ASX dividend share for income investors to look at is Jumbo Interactive.

It is the online lottery ticket seller and lottery platform provider behind the Oz Lotteries app and Powered by Jumbo platform.

Morgan Stanley has been pleased with its positive start to the year. It believes that this leaves it positioned to pay fully franked dividends of 57.7 cents per share in FY 2026 and then 68.4 cents per share in FY 2027. Based on its current share price of $11.32, this would mean dividend yields of 5.1% and 6%, respectively.

The broker currently has an overweight rating and $16.80 price target on its shares.

The post These top ASX dividend shares offer 5% to 10% yields appeared first on The Motley Fool Australia.