FFA - Fortress REIT Ltd A
Fortress, an internally asset managed Real Estate Investment Trust (REIT) is a hybrid fund, investing in direct properties and other listed real estate companies. Fortress are the third-largest REIT in South Africa.
Fortress REIT Ltd invests in both direct property assets and listed real estate securities including both local and foreign property companies. It owns a portfolio of retail, office, industrial, logistics, corporate and other. The company...
Fortress REIT Ltd A is listed on the Johannesburg Stock Exchange (JSE). Fortress REIT Ltd A is traded on the JSE under the ticker symbol “FFA”. The International Securities Identification Number (ISIN) of JSE:FFA is ZAE000248498. Fortress REIT Ltd A is currently the 85th most valuable stock on the JSE with a market capitalization of ZAR 20.7 billion, which is about 0.11% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 9.09 |
| Day’s High Price | 9.16 |
| Traded Volume | 977,633 |
| Number of Deals | 335 |
| Gross Turnover | 8.9M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.1984 |
| Price/Earning Ratio | 7.55 |
| Dividend Per Share | 0.75 |
| Dividend Yield | 8.29% |
| Shares Outstanding | 2.28B |
| Market Capitalization | 20.7B |
FFA Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -0.22% | -8.4% | -18.6% |
| 6MO | 1YR | YTD |
|---|---|---|
| -26.5% | -33.7% | -27.6% |
The current share price of Fortress REIT Ltd A (FFA) is ZAR 9.15. FFA closed its last trading day (Wednesday, October 5, 2022) at 9.05 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2.1% drop from its previous closing price of 9.24 ZAR. Fortress REIT Ltd A began the year with a share price of 12.50 ZAR but has since lost 27.6% off that price valuation, ranking it 340th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that FFA has lost 8% of the stock’s value from September 7th to date.
Fortress REIT Ltd A is the 28th most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 8 - Oct 5, 2022). FFA has traded a total volume of 184 million shares—in 31,087 deals—valued at ZAR 1.95 billion over the period, with an average of 2.92 million traded shares per session. A volume high of 21.7 million was achieved on August 17th, and a low of 495,151 on August 10th, for the same period. The table below details the last 10 trading days of activity of Fortress REIT Ltd A on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-10-05 | 1,983,567 | 9.05 | -0.19 | -2.06% |
| 2022-10-04 | 542,052 | 9.24 | +0.16 | +1.76% |
| 2022-10-03 | 2,298,754 | 9.08 | +0.13 | +1.45% |
| 2022-09-30 | 2,077,240 | 8.95 | +0.10 | +1.13% |
| 2022-09-29 | 1,140,374 | 8.85 | -0.22 | -2.43% |
| 2022-09-28 | 1,696,773 | 9.07 | ||
| 2022-09-27 | 3,709,651 | 9.07 | +0.06 | +0.67% |
| 2022-09-26 | 1,210,304 | 9.01 | -0.22 | -2.38% |
| 2022-09-23 | 1,214,966 | 9.23 | -0.15 | -1.60% |
| 2022-09-22 | 898,174 | 9.38 |
Profile of Fortress REIT Ltd.
Fortress REIT Ltd. operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.
Factsheet of Fortress REIT Ltd.
- Sector
- Real Estate
- Industry
- Real Estate Investment Trust
- Address
- Block C, Cullinan Place, Cullinan Close, Rivionia, 2196
- Telephone
- 011 282-2800
FFA Industrial Market Competitors
Fortress REIT Ltd., issuers of the FFA and Fortress REIT Ltd B (+25.85%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Real Estate sector and/or Real Estate Investment Trust industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| EXP | Exemplar REITail Ltd | 3.99B | 12.00 | +25% |
| DKR | Deutsche Konsum REIT-AG | 854M | 24.28 | +18.4% |
| PPR | Putprop Ltd | 199M | 4.70 | +17.5% |
| EMI | Emira Property Fund Ltd | 5.52B | 10.56 | +11.2% |
| OCT | OCTODEC INVEST LTD | 2.4B | 9.00 | +9.76% |
| TDH | Tradehold Ltd | 3.02B | 11.56 | +9.57% |
| APO | aReit Prop Ltd | 630M | 6.30 | +5% |
| SAR | Safari Investments RSA Ltd | 1.68B | 5.40 | +2.86% |
| VKE | Vukile Property Fund Ltd | 12.4B | 12.65 | +2.26% |
| GTC | Globe Trade Centre S.A. | 11.5B | 20.00 |