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 83rd most valuable stock on the JSE with a market capitalization of ZAR 16.1 billion, which is about 0.081% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 13.07 |
| Day’s High Price | 13.43 |
| Traded Volume | 1.41M |
| Number of Deals | 349 |
| Gross Turnover | 18.8M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.9099 |
| Price/Earning Ratio | 14.76 |
| Dividend Per Share | 0.75 |
| Dividend Yield | 5.58% |
| Shares Outstanding | 1.2B |
| Market Capitalization | 16.1B |
FFA Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +3.71% | +2.13% | +2.05% |
| 6MO | 1YR | YTD |
|---|---|---|
| +2.52% | +24% | +27.8% |
The current share price of Fortress REIT Ltd A (FFA) is ZAR 13.43. FFA closed its last trading day (Wednesday, November 29, 2023) at 13.43 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2.7% gain over its previous closing price of 13.08 ZAR. Fortress REIT Ltd A began the year with a share price of 10.51 ZAR and has since gained 27.8% on that price valuation, ranking it 44th on the JSE in terms of year-to-date performance.
Fortress REIT Ltd A is the 21st most traded stock on the Johannesburg Stock Exchange over the past three months (Sep 1 - Nov 29, 2023). FFA has traded a total volume of 217 million shares—in 30,955 deals—valued at ZAR 2.82 billion over the period, with an average of 3.45 million traded shares per session. A volume high of 34.7 million was achieved on November 7th, and a low of 355,482 on September 28th, 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% |
|---|---|---|---|---|
| 2023-11-29 | 1,408,413 | 13.43 | +0.35 | +2.68% |
| 2023-11-28 | 1,531,345 | 13.08 | -0.05 | -0.38% |
| 2023-11-27 | 1,190,585 | 13.13 | -0.12 | -0.91% |
| 2023-11-24 | 1,519,663 | 13.25 | +0.19 | +1.45% |
| 2023-11-23 | 6,409,422 | 13.06 | +0.11 | +0.85% |
| 2023-11-22 | 669,228 | 12.95 | +0.15 | +1.17% |
| 2023-11-21 | 5,780,139 | 12.80 | -0.10 | -0.78% |
| 2023-11-20 | 2,418,298 | 12.90 | +0.01 | +0.08% |
| 2023-11-17 | 3,432,452 | 12.89 | +0.16 | +1.26% |
| 2023-11-16 | 2,310,492 | 12.73 |
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 (+36.53%) 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 |
|---|---|---|---|---|
| CVW | Castleview Property Fund Limited | 8.32B | 8.50 | +39.3% |
| SRE | Sirius Real Estate Ltd | 28.1B | 20.85 | +33.6% |
| HMN | Hammerson plc | 32.1B | 6.43 | +29.9% |
| SHC | Shaftesbury Capital | 55.2B | 28.25 | +28.4% |
| NRL | Newpark REIT Ltd | 450M | 4.50 | +18.7% |
| HET | Heriot REIT Limited | 3.46B | 13.50 | +17.4% |
| ATT | Attacq Limited | 6.45B | 8.58 | +14.4% |
| NRP | NEPI Rockcastle Plc | 76.7B | 116.09 | +12.6% |
| FTB | Fairvest Ltd B Shares | 4.98B | 3.33 | +6.39% |
| CRP | Capital & Regional Plc | 2.95B | 13.12 | +6.23% |