- Covivio’s rental income reached €508.8 million for the first nine months of 2024, marking a 4.9% increase compared to the same period last year.
- The company forecasts its adjusted EPRA profit to be approximately €460 million for the year, which aligns closely with the current estimate of €459.4 million.
- Covivio is planning to return to a cash-only dividend payment for 2024, maintaining a payout ratio of over 80%.
- In terms of recommendations, there are currently 12 “buy” ratings, 2 “hold” ratings, and 1 “sell” rating for Covivio.
A look at Fonciere Des Regions Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Fonciere Des Regions is positioned for a favorable long-term outlook. With a high score of 5 in the Dividend category, investors can expect strong returns in the form of dividends from this company. Additionally, Fonciere Des Regions also scores well in Momentum, indicating positive growth potential and market performance. While Growth and Resilience scores are moderate, the company excels in providing value, scoring a 4 in this category. Overall, Fonciere Des Regions appears to be a promising investment option, especially for those seeking steady dividends and positive momentum.
Fonciere Des Regions, under the management of Covivio, operates a diverse real estate portfolio that includes offices, residential buildings, and car parking lots. This diversified portfolio suggests stability and potential for consistent returns over the long term. With strong scores in Dividend and Momentum, Fonciere Des Regions demonstrates its ability to generate profits and capitalize on market trends. Investors looking for a reliable income stream and growth opportunities may find Fonciere Des Regions to be a compelling choice for their investment portfolio.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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