Hundreds of S&P/ASX All Ords Index (ASX: XAO) companies announced their next dividends during the EOFY reporting season.

We're helping you keep track of ex-dividend dates with an article every Friday.

Here is a sample of the ASX shares due to trade ex-dividend next week.

Remember, in order to receive a dividend, you must own the ASX share before its ex-dividend date.

ASX shares with ex-dividend dates next week

Check out which ASX shares begin trading ex-dividend today.

The post 40 ASX shares with ex-dividend dates next week appeared first on The Motley Fool Australia.

I've had a look at the recent broker reports and come up with two under-the-radar companies that brokers like the look of.

Let's have a look at what they're saying.

LGI Ltd (ASX: LGI)

LGI is an innovator in the energy space and converts biogas from landfill into energy.

The company delivered a solid FY26 result last week, with revenue of $39.8 million, up 17% on the previous year, and underlying net profit of $8.8 million, up 35%.

Chief Executive Officer Jarryd Doran said regarding the result:

In FY26 we outperformed all our key operational drivers with year-on-year biogas recovery increasing by 33%, Australian Carbon Credit Units created increasing 18%, and a 29% increase in renewable energy from our fleet of power stations. In summary, the Company's strong operational performance was reflected in our financial results whereby we increased Net Revenue by 17%, and our Underlying EBITDA increased approximately 26%, delivering against our previously stated guided range. Looking forward, our efforts during the year in registering and commencing carbon abatement across 8 new sites lays important foundations for continued growth. Together with our completed capital raising in October 2025, we look forward to continuing to deliver against our strategy of expanding our pipeline of generation capacity to beyond 80MW.

Broker Morgans said they believed LGI was one of the best ways to get exposure to the decarbonisation thematic on the ASX.

They said:

Despite more modest expectations for FY27, we remain positive over the medium term given the material development pipeline ahead and strong operating leverage across the portfolio as the group scales and executes its meaningful battery rollout across new and existing sites.

Morgans has a price target on LGI of $3.60 compared to $2.38 currently.

Hansen Technologies Ltd (ASX: HSN)

UBS said in its full-year report that Hansen delivered softer-than-expected revenue of 4%, but good margins meant it hit targets for cash EBITDA.

Underlying net profit was strong, coming in 22.5% higher than the previous corresponding period at $48.5 million.

Hansen Chief Executive Officer Andrew Hansen said regarding the result:

FY26 demonstrated the resilience of Hansen's business model. In a more cautious environment, we have remained focused on disciplined execution, protecting earnings quality while continuing to invest for long-term growth. What we have seen during the year, with regards to revenue, is primarily caused by mix and foreign exchange. We continue to have a solid pipeline of demand for our products and services. Our recurring revenue base continues to improve, providing stability and visibility through the cycle. AI is increasingly driving productivity, operating leverage and long-term margin expansion.

The company said AI had been a large focus, and an AI enablement team had been set up to drive capability across the workforce.

UBS said they saw FY27 as a "transition year" for the company, but still have a bullish price target of $5.95 on the shares, compared to $3.31 currently.

The post 2 ASX shares tipped by brokers to return 48% to 82% appeared first on The Motley Fool Australia.

What did LGI report?

• Net revenue of $39.8 million, up 17% versus prior year
• Statutory and underlying EBITDA of $21.8 million, up 26%
• NPAT of $8.8 million, up 35%
• Biogas flows reached 170.2 million m³, up 33%
• Renewable energy generation totalled 140.8 GWh, up 29%
• Fully-franked total dividend of 2.6 cents per share, up 4%

What else do investors need to know?

LGI expanded its emissions reduction footprint by launching eight new carbon abatement projects during FY26, growing its contracted site portfolio by 9% year on year. The company also completed a $56.3 million capital raising, boosting its high-conviction project pipeline to exceed 80MW in capacity.

LGI renegotiated and expanded its debt facility to $82.5 million, a 66% increase over the previous limit, providing additional balance sheet flexibility. Importantly, its operational platform delivered a realised electricity price around 35% above the market average, highlighting strong risk management and demand for its offering.

What did LGI management say?

Chief Executive Officer Jarryd Doran said:

In FY26 we outperformed all our key operational drivers with year-on-year biogas recovery increasing by 33%, ACCU's created increasing 18%, and a 29% increase in renewable energy from our fleet of power stations.

In summary, the Company's strong operational performance was reflected in our financial results whereby we increased Net Revenue by 17%, and our Underlying EBITDA increased approximately 26%, delivering against our previously stated guided range.

Overall, FY26 was an exceptional team result, and testament to our strong business model. In particular, we demonstrated our ability to flex ACCU creation volumes, helping mitigate the electricity market dynamics observed throughout the year.

Looking forward, our efforts during the year in registering and commencing carbon abatement across 8 new sites lays important foundations for continued growth. Together with our completed capital raising in October 2025, we look forward to continuing to deliver against our strategy of expanding our pipeline of generation capacity to beyond 80MW.

What's next for LGI?

LGI is targeting further growth, with construction underway on its Canberra and Belrose battery projects set to boost total managed capacity to at least 45MW in FY27. Management expects biogas and carbon credits to deliver around 10% compound annual growth for the next three years, and is focused on rolling out flexible, scalable renewable energy projects.

The company is continuing to progress several development approvals and grid connections for high-conviction pipeline projects. With its enhanced capital base and expanded debt facility, LGI aims to execute on its strategy to reach more than 80MW of renewable energy capacity.

LGI share price snapshot

Over the past 12 months, LGI shares have declined 39%, trailing the All Ordinaries Index (ASX: XAO).

View Original Announcement

The post LGI posts FY26 earnings growth and expands renewable energy portfolio appeared first on The Motley Fool Australia.

Meanwhile, the benchmark S&P/ASX 200 Index (ASX: XJO) fell 1.6% to close at 9,115.2 points.

The market had a choppy week amid the Reserve Bank announcing no change to interest rates.

Only four of the 11 market sectors finished the week in the green.

Let's review.

Utilities shares led the ASX sectors last week

The Origin Energy Ltd (ASX: ORG) share price gained 11.55% to finish the week at $12.07.

On Thursday, Origin revealed a statutory profit of $1,574 million for FY26, up from $1,481 million in FY25.

Origin will pay a final dividend of 30 cents per share with 100% franking.

The APA Group (ASX: APA) share price rose 1.51% to $10.06.

APA will announce its FY26 results on Thursday, 20 August.

Mercury NZ Ltd (ASX: MCY) shares fell 1.44% to $5.47.

Mercury will report its FY26 results on Tuesday.

The Meridian Energy Ltd (ASX: MEZ) share price dropped 1.5% to $4.60.

Meridian will release its FY26 results on Wednesday, 26 August.

The AGL Energy Limited (ASX: AGL) share price ascended 7.17% to $8.82.

AGL reported a 2% decrease in net profit after tax (NPAT) to $631 million for FY26.

AGL shares will pay a final dividend of 26 cents per share, fully franked.

Contact Energy Ltd (ASX: CEN) shares edged 0.93% higher to $7.59.

The New Zealand electricity supplier reported a 28% lift in NPAT to NZ$423.4 million for FY26.

The company will pay a final dividend of 24 NZ cents per share, fully imputed at 24%.

Contact Energy is one of 8 ASX shares going ex-dividend next week.

Genesis Energy Ltd (ASX: GNE) shares increased 4.76% to $2.20.

Genesis Energy will announce its FY26 results on Thursday, 27 August.

The LGI Ltd (ASX: LGI) share price dropped 9.55% to $1.99.

LGI will release its FY26 results on Friday, 21 August.

View our reporting calendar for more company announcement dates.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

The post ASX 200 utilities shares gained 7% while the broader market fell heavily last week appeared first on The Motley Fool Australia.

Among the 11 market sectors, energy is streaking ahead, up 3.4%, while industrials lags the group, down 1%.

Navy shipbuilder Austal Ltd (ASX: ASB) is the fastest riser of the ASX 200 today, up 16%.

Family location app operator Life360 Inc (ASX: 360) is at the back of the index, down 13%.

The ASX 200 has had a very strong start to the new financial year, up 5.5% since 30 June.

That's significant given the index rose by just 2.8% over the preceding 12 months of FY26.

In today's rising market, experts have recommended three ASX shares to buy (courtesy The Bull).  

Let's find out why.

AGL Energy Limited (ASX: AGL)

The AGL Energy share price is $8.17, down 0.3% today and down 19% over 12 months. 

James Bills from Shaw and Partners explains his buy rating on the ASX 200 utilities share:  

The power generator has undergone a significant transformation in recent years.

It's improved the balance sheet, simplified operations and is positioned to benefit from Australia's ongoing energy transition.

The company continues to generate consistent cash flows, while investing in renewable generation and energy storage initiatives.

AGL also offers an attractive dividend yield, providing investors with a combination of income and potential capital growth.

The stock presents an appealing opportunity for long term investors.

Hub24 Ltd (ASX: HUB)

The Hub24 share price is $90.36, up 1.6% today and down 16% over 12 months. 

HUB24 operates an investment platform used by financial advisors.

Christopher Watt from Bell Potter explains his buy call on the ASX 200 financial share: 

Platform net inflows of $4.2 billion in the fourth quarter of 2026 were consistent with the prior corresponding period when excluding large migrations.

Total funds under administration of $164.3 billion at June 30, 2026 was up 20 per cent on the prior corresponding period.

Management's medium term growth targets remain intact, supporting the case for upside from here.

LGI Ltd (ASX: LGI)

The LGI share price is $2.02, down 2.4% today and down 44% over 12 months. 

LGI converts landfill biogas into renewable electricity.

Elio D'Amato from EnviroInvest explains his buy rating on the ASX All Ords utilities share:

Australian carbon credit units give investors exposure to energy generation and methane abatement.

LGI operates across 36 landfill gas sites, including nine renewable generation sites, while 20 sites create carbon credits.

These are established assets rather than laboratory projects, supported by typically long term contracts with councils and landfill owners.

Given operating scale, recurring infrastructure revenues and further suitable Australian landfills available, we rate LGI as a buy in response to recent price weakness driven by a reduction in wholesale power prices in New South Wales and Queensland.

The post 3 ASX shares to buy as the market gathers pace: experts appeared first on The Motley Fool Australia.

LGI designs and installs biogas extraction systems. It recovers biogas from landfills and converts it into renewable electricity and saleable environmental products.

It now sits close to 52-week lows after falling over 30% this year. 

Why has this ASX utilities stock fallen this year?

While the business has continued to announce new projects, the share price has retreated significantly from yearly highs. 

LGI's share price has fallen in 2026 despite continued operational progress, with the decline largely driven by weaker sentiment rather than a deterioration in the business. 

After a strong rally in 2025, investors have now taken profits while the broader market has become less willing to pay high valuations for growth-focused small caps.

Uncertainty surrounding Australian carbon credit prices, which influence a portion of LGI's earnings, has also weighed on investor confidence.

Some catalysts for LGI over the next 12–18 months include growth in renewable electricity generation from new projects, ACCU (carbon credit) prices and policy developments, operating margins as new facilities mature and continued contract wins with landfill operators.

What is Morgan's latest guidance on this ASX utilities stock?

Yesterday, the team at Morgans provided an updated outlook on LGI. 

The broker said LGI's FY26 growth update (via social media) highlighted five newly registered carbon sites, strong ACCU creation and in-line electricity generation (130 GWh, +33% yoy), which it expects to more than offset the delayed Mugga Lane battery commissioning (now FY27, previously 2H FY26). 

While we view FY26 as intact, weaker wholesale electricity and LGC prices have weighed on the medium-term earnings outlook, driving material EPS revisions (FY27 -25%, FY28 -38%) and a de-rating in the stock. Near-term earnings face ongoing headwinds from weaker commodity prices, and we expect FY27 to step back before growth resumes.

Over the medium term, we continue to view LGI positively given the material development pipeline ahead (~4x FY25) as the group scales and executes its meaningful battery rollout. BUY, A$3.10ps price target.

From current levels, this price target from Morgans indicates just over 17% potential upside.

Elsewhere, it appears experts view this ASX utilities stock as undervalued. 

Four analyst forecasts via TradingView have an average one year price target of $4.11 on LGI shares. 

This indicates more than 50% upside from current levels. 

The post Morgans just placed a fresh buy rating on this ASX utilities stock  appeared first on The Motley Fool Australia.

US President Donald Trump said he called off a military strike on Iran, planned for tomorrow, following appeals from Persian Gulf nations.

This has generated optimism that US-Iran negotiations might restart.

Meanwhile, let's take a look at fresh ratings on three ASX shares.

Civmec Ltd (ASX: CVL)

The Civmec share price is $1.63, down 1.2% today, and up 64% over the past 12 months.

Civmec reported net profit after tax (NPAT) of $13.5 million, up 45% year over year, for 3Q FY26.

Baxter Kirk from Bell Potter has a buy rating on this ASX All Ords industrial share with a $1.90 price target. 

In a new note, Kirk said:

With a diverse $1.35b order book underpinned by increased Resources activity and defence orders, CVL is well-positioned for growth.

Further, with tendering activity increasing and the company undertaking greater ECI work, the outlook for order book growth continues to brighten.

In our view, CVL remains an attractive investment due to 1) undemanding value relative to its peers, 2) improving sector outlook, and 3) increasing defence exposure.

Dalrymple Bay Infrastructure Ltd (ASX: DBI)

The Dalrymple Bay Infrastructure share price is $5.32, up 1.3% today, and up 30% over the past year.

Mitch Belichovski from Morgans has a hold rating on this ASX 200 industrial share. 

On the The Bull this week, Belichovski said:

The share price has performed well since March as the company retains predictable and resilient cashflows.

EBITDA growth is driven by CPI-linked base charges and incremental earnings on commissioned non-expansionary capital expenditure (NECAP) projects.

DBI continues to generate long term appeal, delivering an attractive distribution yield.

In our view, it also remains a potential merger and acquisition target.

LGI Ltd (ASX: LGI)

The LGI share price is $3.52, down 0.3% on Tuesday, and up 22% over 12 months.

LGI recovers biogas from landfills and converts it to electricity and eco-friendly products.

Belichovski has a sell rating on this ASX All Ords utilities share. 

The analyst said:

While LGI provides exposure to the decarbonisation theme, the company competes with several larger entities for landfill gas amid a limited number of larger sites to support electricity generation.

The share price pull back between mid April to May 13 is primarily due to ongoing weakness in wholesale electricity prices.

Also, according to our analysis, investors are cautious about the Mugga Lane strategic growth project, which potentially poses a risk to EBITDA guidance in fiscal year 2026.

The post Buy, hold, sell: Civmec, LGI, Dalrymple Bay Infrastructure shares appeared first on The Motley Fool Australia.

However, two that have received a downgrade are Adairs Ltd (ASX: ADH) and LGI Ltd (ASX: LGI). 

Lets see what the broker had to say. 

Adairs in transition phase 

Adairs is a homewares and home furnishings retailer in Australia and New Zealand. 

It has been struggling so far in 2026, down nearly 28% in that span. 

Shares closed last week at $1.30 each. 

The team at Bell Potter said in its recent report that it remains cautious on these ASX shares in the near term. 

The broker said Adairs' 1H26 result saw the company delivering between the mid to high points of the downgraded guidance range provided in Oct-25. 

However gross margins were towards the bottom end of the guidance range but with some good wins in the Mocka brand. 

While the revenue growth of the key growth brands, Adairs (~70% of the group) and Mocka ~10% of the group) saw further improvements for the first 7 weeks of 2H26 vs 1H26, we see some headwinds for the key 4Q26 as Adairs cycles the range curation driven clearance activity in the pcp and given the current macroeconomic environment.

Based on this guidance, the broker has lowered its price target 44% to $1.40 per share (previously $2.50). 

Bell Potter maintained its hold rating. 

While we anticipate the current transition phase across all three brands to progress over the near term, we expect operating leverage led earnings growth to be skewed to the long term with our estimates seeing ~6% revenue growth and ~16% EBIT growth over the next 4 years (4 yr CAGR).

LGI gets a slight downgrade

LGI is engaged in the recovery of biogas from landfills, and the subsequent conversion into renewable electricity and saleable environmental products.

Its share price is down almost 12% year to date, and closed last week at $3.62. 

Following its H1 FY26 results, the team at Bell Potter slightly lowered its price target on these ASX shares. 

The broker said wholesale electricity prices fell again in early 2026 across the National Electricity Market (NEM). Prices dropped about 27% in Queensland and 16% in New South Wales compared to last year.

Even though electricity demand reached a record for the quarter, prices still declined because temperatures were milder and there was less price volatility.

Based on this guidance, the broker decreased its price target to $4.50 (previously $4.64). 

In good news for investors, this price target still indicates a solid upside potential of nearly 25%. 

The broker maintained its buy recommendation on these ASX shares. 

The post Why did these ASX shares receive a downgrade from Bell Potter? appeared first on The Motley Fool Australia.

In order to receive a dividend, you must own the ASX share before its ex-dividend date.

As we've reported, some of the biggest dividend increases among ASX mining shares this season came from the gold miners.

Next week, two of them go ex-dividend.

Ramelius Resources Ltd (ASX: RMS) shares will pay a fully-franked interim dividend of 3 cents per share on 15 April.

This exceeds the company's commitment to pay a minimum annual dividend of 2 cents per share for FY26.

Ramelius Resources reported a 13% increase in EBITDA to $347.7 million but a 6% fall in net profit after tax (NPAT) to $160 million.

The ASX gold share goes ex-dividend on Monday.

Capricorn Metals Ltd (ASX: CMM) shares will pay a maiden fully franked interim dividend of 5 cents per share.

The gold miner reported a 130% jump in underlying NPAT to $144.8 million for 1H FY26.

The ASX gold share also goes ex-dividend on Monday.

Here is a sample of the other ASX All Ords shares with ex-dividend dates next week.

ASX shares about to go ex-dividend

The post 26 ASX shares with ex-dividend dates next week appeared first on The Motley Fool Australia.

Its share price has fallen 9% year to date, however it remains up almost 30% in the last 12 months. 

For context, the S&P/ASX 200 Utilities Index (ASX: XUJ) is up approximately 11% in that same period. 

The company is engaged in the recovery of biogas from landfills. It also engages in the subsequent conversion into renewable electricity and saleable environmental products.

Yesterday, the team at Bell Potter released updated guidance on this ASX utilities stock.

This was ahead of LGI's 1H26 result later this month. 

Here's what the broker had to say. 

1H26 result preview

Bell Potter notes that Australian Energy Market Operator's (AEMO) Q4 2025 Quarterly Dynamics report shows sharp wholesale electricity price declines across the National Electricity Market (NEM). 

Prices were down 55% in Queensland and 48% in NSW year-on-year.

As a result, Bell Potter has cut its 1H26 forecasts for this ASX utilities stock. It has reduced revenue by 5% to $20.0m, EBITDA by 2% to $9.7m and NPAT by 3% to $3.6m. 

Bell Potter did note that LGI is partially protected from weaker spot prices. 

LGI have partially shielded themselves from the weakening of spot prices with a ~75% hedge book for FY26.

Despite this forecast cut, full-year guidance remains for underlying EBITDA growth of 25–30% ($21.7–22.6m), with Bell Potter forecasting $22.0m.

Earnings are expected to be stronger in the second half due to typically higher electricity prices.

Some good news

In yesterday's report, the broker also pointed out that The Australian Government introduced a new landfill gas method for creating ACCUs in November 2025 to improve scheme integrity. 

Under the new rules, baselines will rise by 0.5% each year and are set at 30% for flaring-only projects, 37% for new electricity-generating projects, and 40% for existing electricity-generating projects, with ACCUs only earned above these levels. 

LGI is expected to be less affected than competitors. This is because its projects already operate at an average baseline of about 37%.

We downgrade EPS by -3%/-4%/-6% across FY26/27/28 reflecting reviewed commodity price and volume forecasts following new AEMO information and regulatory ACCU changes.

Price target optimism for ASX utilities stock

Based on this guidance, the team at Bell Potter has retained its buy recommendation on LGI shares. 

The broker also has a price target of $4.70. 

This indicates an upside of approximately 26%. 

We anticipate the scheduled pipeline in reaching 80MW+ to be reflected in significant earnings growth for LGI through FY26 and the coming years. The company is adequately funded to execute its medium-term targets with further scope to upgrade existing sites.

Based on the report out of Bell Potter, this ASX utilities stock could be one to target before LGI's 1H26 result later this month. 

The post Should you buy this ASX utilities stock before it explodes? appeared first on The Motley Fool Australia.

The stock in question is LGI Ltd (ASX: LGI), which focuses on recovering biogas from landfills and converting it into renewable electricity.

In early afternoon trade on Wednesday, LGI shares are down 0.2%, trading for $4.17 apiece. This sees stock in the ASX All Ords share up 61% since plumbing its own one-year closing lows on 7 April.

The company's shares have been buoyed by strong growth.

FY 2025 revenue was up 10% year on year to $33.9 million in FY25. And earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 14% to $17.4 million.

Commenting on the company's performance and outlook at LGI's annual general meeting (AGM) in November, Chairman Vik Bansal said:

LGI continues to grow signing six new contracts over the period, five of these contracts are for long-term landfill gas rights, which LGI will monetise to create Australian Carbon credit units. The remaining contract is for a Battery Energy Storage System ("BESS") to be built, owned, and operated by LGI on the closed landfill at Belrose in Northern Sydney.

Should you buy this ASX All Ords share today?

The analysts at Canaccord Genuity recently reiterated their buy rating on LGI shares.

Citing three reasons to buy the ASX All Ords share, Canaccord said, "Well-supported new equity issuance, the pull-forward of a scheduled project and the unveiling of a new leg of growth have been the highlights of recent announcements by LGI."

The broker added, "The impacts of these activities is most easily seen in our FY28 earnings estimates, which we increase materially."

On LGI's equity raise and project advancement, Canaccord said:

In October 2025, LGI raised $51m of new equity via an institutional placement and a further $5m from an oversubscribed SPP, at $3.85 per share. The funds will be used to bring forward development of the Nowra project (11MW), in particular which the company now projects to begin commissioning in FY27 (we previously had assumed FY29 for this asset).

As for the new leg of growth, Canaccord noted:

The main change to LGI's base plan to reach 56MW was confirming the identity of 11MW previously described as "other projects" but now confirmed as Nowra generation capacity (3MW) and associated batteries (8MW), with the funding enabling accelerated development with commissioning targeted in FY27.

Additionally, LGI has reported an additional pipeline of more than 25MW of new projects, which would take the portfolio beyond 80MW of installed capacity.

Connecting the dots, Canaccord increased its price target on the ASX All Ords share to $4.80, up from the prior $4.30 a share.

That represents a potential upside of more than 15% for investors buying the ASX share at current levels.

The post Up 61% since April, 3 reasons to buy this ASX All Ords share today appeared first on The Motley Fool Australia.

The company is engaged in the recovery of biogas from landfills, and the subsequent conversion into renewable electricity and saleable environmental products.

The company operates at the convergence of the waste and clean energy sectors.

At the time of writing, this ASX small cap stock has risen 47.26% higher in 2025. 

Last month, the company announced a successful $50 million equity raise. 

According to the company, the funds raised from the Offer will be used for:

• Accelerated delivery of High Conviction Projects in Execution, including expansions at Mugga Lane, Belrose and Nowra sites
• Funding new High Conviction Projects in Development, which are the next wave of power station expansion and grid-scale battery opportunities identified
• Enhancing balance sheet flexibility, providing capacity to pursue new projects and tenders as they arise, while maintaining prudent leverage

The team at Morgans has looked upon this news favourably, raising their valuation on the ASX small cap stock. 

Capital raising bumps up guidance

The broker said in a note yesterday that LGI has completed a ~A$56m capital raising (A$51m placement; A$5m SPP) to strengthen the balance sheet (net cash ~A$24m), expand its targeted development pipeline (>80MW) and accelerate project delivery (completed within 3 years). 

Morgans said the extended pipeline (~28MW across six additional projects), will see LGI ~4x its ending FY25 MW under management, with a strong composition of high returning battery energy storage system (BESS) projects.

Subsequently, FY26 guidance has been reaffirmed for 25-30% growth.

The broker also materially improved forecasts (FY27-28F NPAT +17% and +24%), factoring in the development pipeline. 

We are encouraged by the acceleration of the group's MW capacity build out and maintain our confidence in managements strong operational execution to deliver it on time and on budget. Strong forecast earnings growth (MorgansF ~26% EPS CAGR) and LGI's pure-play renewable exposure justify the valuation premium.

Upgraded price target for this ASX small cap

Based on this guidance, Morgans has upgraded its target price to $4.84. 

This indicates an upside of 12.56% based on yesterday's closing price of $4.30. 

Elsewhere, TradingView has a 12 month price target of $4.68. 

The post Morgans names ASX small-cap stock to buy after capital raise appeared first on The Motley Fool Australia.

With the August reporting season done and dusted, scores of companies have ex-dividend dates next week.

If you're keen to buy any of these ASX shares while they are still trading cum dividend, time is running out!

To receive a stock's next dividend, you must buy or already own it before the ex-dividend day.

We provide a sample of the ASX shares going ex-dividend next week below.

35 ASX shares about to go ex-dividend

The post 35 ASX shares with ex-dividend dates next week appeared first on The Motley Fool Australia.

The fast-rising company in question is LGI Ltd (ASX: LGI).

If you're not familiar with LGI, the company is focused on recovering biogas from landfills and converting that into renewable electricity and saleable environmental products.

LGI shares closed down 3.8% on Friday, trading for $3.81 apiece.

Still, that sees shares in the ASX All Ords stock up an impressive 47.1% since the 7 April closing bell.

And according to the analysts at Canaccord Genuity, LGI is well-placed to deliver more "strong growth" in FY 2026.

What's been happening with the ASX All Ords stock?

LGI reported its full year FY 2025 results on 12 August.

Highlights included a 14% year-on-year increase in statutory and underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) to $17.4 million.

The ASX All Ords stock achieved a 43% increase in electricity generating capacity, noting that it commissioned the Canberra (Mugga Lane) upgrade, and a new facility in Sydney (Eastern Creek), on time on and on budget.

Commenting on the results on the day, LGI CEO Jarryd Doran said:

By all measures, FY25 has been a solid year. Operationally, all key metrics have improved for LGI from biogas recovery, megawatt hours of electricity and generated ACCUs [Australian Carbon Credit Units], while maintaining a safe workplace and supporting the environment.

Looking ahead LGI expects FY 2026 underlying EBITDA to grow by 25% to 30% versus FY 2025.

The company also reported that it is "well advanced" in expanding its pipeline of near-term committed projects, from 47MWs to 56MWs.

Why is Canaccord bullish on LGI shares?

Having run their slide rule over LGI's results, Canaccord analysts Conor O'Prey James Bullen noted that the ASX All Ords stock delivered FY 2025 EBITDA in the middle of the guidance range.

They added, "Of particular note was 2H FY25A EBITDA of $10.1m strongly underpins FY26E EBITDA guidance."

According to the analysts:

An in-line result, guidance for strong growth in FY26 and the announcement of a big increase in planned generation capacity to make for a very satisfactory release for LGI.

Our EBITDA estimates remain broadly as they were before and, rolling our valuation model with its larger pipeline, sees our target price increase from $3.50 to $4.30 per share and we stay at buy.

That represents a potential upside of just under 13% from where the ASX All Ords stock closed at on Friday.

The post Broker tips resurgent ASX All Ords stock for more 'strong growth' in FY 2026 appeared first on The Motley Fool Australia.

If you are, then you may want to check out the ASX shares listed below that the team at Morgans thinks investors should accumulate.

Here's what the broker is saying about these names:

CAR Group Limited (ASX: CAR)

This auto listings company impressed the broker with its FY 2025 results. So much so, the broke responded by putting an accumulate rating and $40.80 price target on its shares.

It highlights that management is expecting double digit earnings growth in FY 2026. It said:

Whilst CAR's FY25 was strong overall in our view, there was little surprise in the headline numbers given they were largely pre-released via relatively tight guidance ranges last month. CAR reported double-digit topline and EBITDA growth for FY25, with FY26 guidance implying 10-13% Proforma EBITDA growth and ongoing investment across key offshore markets (North American and Asia). We lower FY26/FY27F EBITDA by ~1% on newly provided quantitative guidance by management. Our DCF-derived price target remains unchanged at A$40.80 and we maintain our ACCUMULATE recommendation.

Iress Ltd (ASX: IRE)

Morgans was relatively pleased with this financial technology company's full year results. As a result, it put an accumulate rating and $9.69 price target on its shares.

Though, it sees potential for an even higher valuation under a takeover scenario. It explains:

IRE reported adjusted EBITDA of A$64.4m, in-line with expectations. Continuing Ops EBITDA (A$60.2m) was +8.7% on pcp and flat half-on-half. The result absorbed investment costs of A$5.8m (~10% growth excluding investment). Weaker cash flow (one-offs); larger one-off costs and the departure of the Deputy CEO were negatives. However the outlook was in-line (minor forecast changes). FY25 Adjusted EBITDA guidance was maintained at A$127-135m. Implied 2H25 adjusted EBITDA (A$62.6-70.6m) is ~4-17% continuing ops growth hoh.

Medium-term targets were outlined, pointing to ~7% growth during investment phase. IRE is set up for reasonable growth during an extra investment phase (FY26/27). We consider the 'live' corporate appeal as providing some extra risk/reward to the investment case. We have an ACCUMULATE rating based on our fundamental valuation. Under a takeover scenario we see >A$10.50ps more appropriate.

LGI Ltd (ASX: LGI)

Finally, Morgans has put an accumulate rating and $4.20 price target on this ASX share following its results release.

It notes that this clean energy company delivered on its guidance in FY 2025. However, the main positive was a new battery contract win, which bodes well for its future performance. It said:

LGI hit the mid-point of FY25 guidance, delivering 13.6% EBITDA growth on FY24. The underlying result was in line with expectations, but the highlight was a new battery contract win (12MW) – bringing total new contract wins to six for FY25 and increasing the medium term development pipeline to ~56MW (from 47MW). We continue to like the long-term and structural growth opportunity ahead of LGI as it works through its multi-year capex program. We expect a structural uplift in FY26F EPS (+29%) as LGI realises its FY25 investments. Strong operational execution and contract wins support the positive outlook. Maintain Accumulate.

The post Broker says investors should accumulate these ASX shares appeared first on The Motley Fool Australia.

The S&P/ASX 200 Utilities Index (ASX: XUJ) rose just 1.55% in that period. 

However, broker Bell Potter has identified two utilities stocks with more than 20% upside. 

Let's see what the broker had to say. 

LGI Ltd (ASX: LGI)

LGI Ltd is engaged in the recovery of biogas from landfills, and the subsequent conversion into renewable electricity and saleable environmental products.

The company operates at the convergence of the waste and clean energy sectors. 

It saw its share price plummet more than 5% yesterday. 

However, it remains slightly in the positive YTD, rising 2.74% in that span. 

Bell Potter lists the ASX utilities share as one to watch, placing a buy recommendation on LGI shares. 

The broker has a price target of $3.60, which indicates 20% upside from its current share price of $3.00. 

According to the broker, LGI is rapidly growing while staying focused on cutting emissions and delivering local power.

In a July report, the broker said revenue contribution is growing across multiple sources.

LGI achieves revenue in excess of $30 million from ordinary activities and is in growth phase. Landfill gas is a unique sub-sector in the renewable space, making LGI a specialist player with only a couple of direct competitors in the market.

AGL Energy Ltd (ASX: AGL)

AGL is a power company participating in the gas and electricity wholesale and retail markets.

Its share price is down more than 5% over the last year, and closed yesterday at $9.78. 

Bell Potter has an overweight rating and price target of $12.00 on the utilities company. 

From current levels, this indicates an upside of 22.69%. 

Earlier this year, speaking on the outlook for AGL shares, the broker said customer satisfaction metrics are strong, with a strategic Net Promoter Score (NPS) of +3. 

AGL's retail transformation program is delivering benefits, and their customer markets business continues to grow, largely driven by energy and telecommunications services.

Other brokers are also optimistic on AGL shares, with Macquarie placing a price target of $11.13. 

Trading View has a 12-month price target of $12.05, which indicates more than 25% upside. 

Online brokerage platform Selfwealth has an average price target of $11.96.

The post Broker tips 20% upside for these ASX utilities shares appeared first on The Motley Fool Australia.

The definition of a market correction is a major index falling 10% from the most recent peak.

The ASX All Ords' most recent closing high was 8,825.1 points on 14 February.

Today, the All Ords is at 8,005.4 points, up 0.49% for the day and down 9.31% since the peak just one month ago.

The fall can be largely attributed to market uncertainty over how the US tariffs will impact global trade, economic growth, and inflation.

So, with capital growth prospects looking pretty grim right now, dividends may be at the forefront of investors' minds.

Following last month's earning season, a bunch of ASX shares will begin trading ex-dividend next week.

If you want to catch any of these dividend payments, you have to buy the relevant stock before it goes ex-dividend.

The Fool does not advocate buying ASX shares purely for their next dividend.

But if you've been watching any of these stocks for a while, and they pass your fundamental analysis test, then perhaps you might like to take advantage of market weakness and pick them up for a bit less while also qualifying for the next dividend payment.

So, here is a sample of ASX shares going ex-dividend next week.

21 ASX shares going ex-dividend next week

The post 21 ASX shares going ex-dividend next week appeared first on The Motley Fool Australia.

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

AMP Ltd (ASX: AMP)

The AMP share price is down 15% to $1.49. Investors have been selling the financial services company's shares following the release of its full year results. AMP reported a 15.1% increase in underlying net profit after tax to $236 million for FY 2024. This was driven by strong profit growth from its Platforms, Superannuation & Investments, and New Zealand businesses, which was partially offset by a 22.6% decline in AMP Bank profits. On a statutory basis, AMP reported a 43.4% decline in profit to $150 million. This statutory result includes AMP's business simplification spend and the loss it incurred on the sale of its Advice business.

Civmec Ltd (ASX: CVL)

The Civmec share price is down 11% to $1.08. This morning, this engineering services provider released its half year results and reported a 2.2% increase in revenue to $502.9 million but a 16.9% decline in net profit after tax to $26.5 million. Margin pressures weighed on its profitability during the six months.

Cochlear Ltd (ASX: COH)

The Cochlear share price is down almost 14% to $262.90. The catalyst for this has been the release of the hearing solutions company's half year results. Cochlear reported a 5% increase in sales revenue to $1.17 billion and a 7% increase in underlying net profit to $206 million. While a solid result on paper, the market appears disappointed that management is now only guiding to the low end of its profit guidance range for FY 2025. It advised that this is due to a weaker Services contribution and increased cloud-related investment.

LGI Ltd (ASX: LGI)

The LGI share price is down 3% to $2.90. This morning, this biogas company released its half year results and reported a 7% increase in revenue to $16.9 million but a 22% decline in statutory net profit to $2.4 million. Looking ahead, management advised that it continues to expect its FY 2025 underlying EBITDA to grow by 12% to 15% versus FY 2024. Given that underlying EBITDA grew 3% during the first half, this implies a major uptick in its performance in the second half.

The post Why AMP, Civmec, Cochlear, and LGI shares are falling today appeared first on The Motley Fool Australia.

But analysts think these nine ASX All Ords shares have a bright future ahead.

Market analysts on CommSec upgraded all of them to a strong buy rating last month.

9 ASX All Ords upgraded to a strong buy rating in April

Suncorp Group Ltd (ASX: SUN)

The consensus rating on Suncorp shares was upgraded to strong buy on 29 April.

The Suncorp share price is currently $16.32, up 0.46%.

Goldman Sachs has a buy rating and a 12-month share price target of $17.54 on the ASX All Ords banking and insurance stock.

The broker says Suncorp is well-positioned for growth in today's buzzing general insurance market. Insurers are benefiting from strong renewal premium increases and higher investment yields. 

Silver Lake Resources Ltd (ASX: SLR)

Silver Lake shares were upgraded to strong buy on 26 April.

Today, the ASX All Ords gold share is trading for $1.42, up 3.04%.

A strong gold price has pushed many ASX gold stocks higher in recent months. Silver Lake was among the top 5 best performing shares last month.

Australian Unity Office Property Fund (ASX: AOF)

This ASX All Ords real estate share was upgraded to a strong buy rating on 19 April.

Today, the Australian Unity Office Property Fund share price is $1.26, down 1.94%.

Chalice Mining Ltd (ASX: CHN)

Chalice Mining shares were upgraded to strong buy on 19 April.

Today, the Chalice Mining share price is $1.10, down 6.81%.

The ASX All Ords mining share fell 2.02% on Tuesday after the company released an update.

The miner reported $107 million in cash and investments and a $7 million spend in the March quarter, down 55% on the December quarter.

The company also updated its Gonneville Project high-grade sulphide mineral resource estimate to 59Mt @ 2.0g/t 3E2, 0.20% Ni, 0.21% Cu, 0.019% Co.

Macquarie Technology Group Ltd (ASX: MAQ)

Shares in this data centre operator were upgraded to a strong buy rating on 19 April.

Today, the ASX All Ords tech share is $80.27, down 0.86%.

Last month, Macquarie completed an institutional placement to raise $100 million at $72.50 per new share.

Goldman Sachs has a buy rating on the stock with a 12-month share price target of $93.

LGI Ltd (ASX: LGI)

LGI shares were upgraded to strong buy on 18 April.

Today, the landfill gas-to-power generation stock is up 3.45% to $3.00.

The company released a new investor presentation last month.

GUD Holdings Limited (ASX: GUD)

GUD Holdings shares were upgraded to strong buy on 8 April.

Shares in the automotive aftermarket distributor are up 0.20% to $10.22 today.

Bell Potter has a buy rating and a 12-month share price target of $12.80 on GUD.

Hasting Technology Metals Ltd (ASX: HAS)

The consensus rating on Hastings Technology Metals was upgraded to strong buy on 3 April.

Today the ASX All Ords rare earths share is trading at 33 cents, down 2.99%.

The explorer released its quarterly activities report on Tuesday.

A highlight of the March quarter was signing a binding term sheet with Baotou Sky Rock for an integrated processing and offtake arrangement.

Mesoblast Ltd (ASX: MSB)

Mesoblast shares were upgraded to strong buy on 2 April.

Today, the ASX All Ords healthcare share is $1.06, down 4.09%.

Mesoblast released its quarterly update on Tuesday. It reported royalty receipts of US$1.7 million and an operating cash outflow of US$11.6 million for the March quarter.

Mesoblast also announced the exit of chair Joseph R. Swedish, who will be replaced by Jane Bell AM.

Bell Potter has a speculative buy rating on Mesoblast.

The broker recently raised its 12-month share price target to $1.40.

The post 9 ASX All Ords shares elevated to 'strong buy' status in April appeared first on The Motley Fool Australia.

Here's what the broker is saying about them:

LGI Ltd (ASX: LGI)

The first small cap ASX share that has been named as a buy is LGI.

It is the local market leader in the recovery of biogas from landfill, and the subsequent conversion into renewable electricity and saleable environmental products.

Bell Potter was pleased with news that the company has signed a long-term gas management agreement with Bingo Industries, and its subsidiary Dial A Dump, covering the Eastern Creek Landfill site in Western Sydney. The broker commented:

In our view, a contract of this significance further validates LGI's position as an industry leader in biogas recovery, which we view as a significant growth market to facilitate the transition to net-zero. The net result of our changes are minor downgrades to our FY24 estimates but more substantial upgrades to our long-term forecasts based on increased biogas flows from the new Eastern Creek Landfill project, which drives our upgrade to a BUY recommendation.

Bell Potter has upgraded its shares to a buy rating with an improved price target of $2.55. This implies potential upside of 23% for investors.

Nexted Group Ltd (ASX: NXD)

Another small cap ASX share that has been named as a buy is Nexted. It is a provider of tertiary education services to international and domestic students.

Bell Potter notes that Nexted has just released a trading update and guidance for FY 2024. The broker concedes that the update was modestly softer than it was expecting. It explains:

NXD expects to report 1H24 revenue +36% YoY to $59.2m (vs. BPe $59.8m) which is at the lower end of the guidance range as previously flagged ($59.0m-$63.0m).

Nevertheless, its analysts remain very positive on the company due to its exposure to the rebounding international student market. It said:

The re-opening of Australia's international borders and removal of COVID restrictions, has prompted a strong recovery in international students in Australia. NextEd has significant exposure to this market with international students accounting for >75% of the total student and revenue mix. This recovery has (1) driven unprecedented demand for NextEd English language courses and (2) provided a subsequent cross-selling opportunity of progressing English students into other NextEd courses.

Bell Potter has retained its buy rating and $1.05 price target on its shares. This suggests 52% upside for investors.

The post 2 small cap ASX shares to buy for 20% to 50% returns appeared first on The Motley Fool Australia.