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 63rd most valuable stock on the JSE with a market capitalization of ZAR 26.5 billion, which is about 0.127% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 11.37 |
| Day’s High Price | 11.66 |
| Traded Volume | 3.55M |
| Number of Deals | 465 |
| Gross Turnover | 41.1M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.1151 |
| Price/Earning Ratio | 10.41 |
| Dividend Per Share | 0.75 |
| Dividend Yield | 6.46% |
| Shares Outstanding | 2.28B |
| Market Capitalization | 26.5B |
FFA Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +5.35% | +11.4% | +7% |
| 6MO | 1YR | YTD |
|---|---|---|
| +29.7% | -6.45% | +10.5% |
The current share price of Fortress REIT Ltd A (FFA) is ZAR 11.61. FFA closed its last trading day (Friday, March 31, 2023) at 11.61 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.2% gain over its previous closing price of 11.47 ZAR. Fortress REIT Ltd A began the year with a share price of 10.51 ZAR and has since gained 10.5% on that price valuation, ranking it 82nd on the JSE in terms of year-to-date performance. Shareholders can be optimistic about FFA knowing the stock has accrued 11% over the past four-week period—22nd best on JSE.
Fortress REIT Ltd A is the 17th most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 3 - Mar 31, 2023). FFA has traded a total volume of 241 million shares—in 25,238 deals—valued at ZAR 2.53 billion over the period, with an average of 3.83 million traded shares per session. A volume high of 23.1 million was achieved on January 13th, and a low of 417,336 on January 3rd, 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% |
|---|---|---|---|---|
| 2023-03-31 | 3,553,144 | 11.61 | +0.14 | +1.22% |
| 2023-03-30 | 1,250,553 | 11.47 | +0.27 | +2.41% |
| 2023-03-29 | 4,683,085 | 11.20 | ||
| 2023-03-28 | 6,394,496 | 11.20 | +0.15 | +1.36% |
| 2023-03-27 | 4,767,652 | 11.05 | +0.03 | +0.27% |
| 2023-03-24 | 4,127,192 | 11.02 | +0.17 | +1.57% |
| 2023-03-23 | 3,337,066 | 10.85 | +0.03 | +0.28% |
| 2023-03-22 | 1,826,593 | 10.82 | +0.04 | +0.37% |
| 2023-03-20 | 2,261,619 | 10.78 | -0.08 | -0.74% |
| 2023-03-17 | 6,319,294 | 10.86 |
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 (-5.22%) 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 |
|---|---|---|---|---|
| NRL | Newpark REIT Ltd | 450M | 4.50 | +18.7% |
| ATT | Attacq Limited | 6.56B | 8.73 | +16.4% |
| CVW | Castleview Property Fund Limited | 6.65B | 7.10 | +16.4% |
| HMN | Hammerson plc | 28.6B | 5.72 | +15.6% |
| SCD | Schroder Eur REIT plc | 2.52B | 18.84 | +14.2% |
| SHC | Shaftesbury Capital | 48.8B | 24.99 | +13.6% |
| ILU | Indluplace Properties Limited | 1.11B | 3.29 | +9.67% |
| SRE | Sirius Real Estate Ltd | 19.5B | 16.57 | +6.15% |
| OAS | Oasis Crescent Prop Fund | 1.25B | 19.00 | +2.7% |
| TPF | Transcend Residential Property Fund | 1.06B | 6.44 | +0.47% |