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...
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 13.83 |
| Day’s High Price | 14.66 |
| Traded Volume | 1.03M |
| Number of Deals | 547 |
| Gross Turnover | 14.4M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.8950 |
| Price/Earning Ratio | 15.56 |
| Dividend Per Share | 0.75 |
| Dividend Yield | 5.38% |
| Shares Outstanding | 2.28B |
| Market Capitalization | 31.8B |
FFA Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -3.8% | -9.95% | +2.05% |
| 6MO | 1YR | YTD |
|---|---|---|
| +2.73% | +11.3% | +2.05% |
The current share price of Fortress REIT Ltd A (FFA) is ZAR 13.93. FFA closed its last trading day (Tuesday, September 21, 2021) at 13.93 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 3.8% drop from its previous closing price of 14.48 ZAR. Fortress REIT Ltd A began the year with a share price of 13.65 ZAR and has since gained 2.05% on that price valuation, ranking it 292nd on the JSE in terms of year-to-date performance. Investors should, however, take caution of FFA’s recent bad performance, having lost 10% of its value in the past four weeks.
Fortress REIT Ltd A is the 39th most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 24 - Sep 21, 2021). FFA has traded a total volume of 142 million shares—in 39,491 deals—valued at ZAR 2.05 billion over the period, with an average of 2.25 million traded shares per session. A volume high of 9.26 million was achieved on August 4th, and a low of 524,488 on July 2nd, 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% |
|---|---|---|---|---|
| 2021-09-21 | 1,655,700 | 13.93 | -0.55 | -3.80% |
| 2021-09-20 | 1,341,043 | 14.48 | -0.29 | -1.96% |
| 2021-09-17 | 4,111,875 | 14.77 | +0.33 | +2.29% |
| 2021-09-16 | 2,238,839 | 14.44 | -0.04 | -0.28% |
| 2021-09-15 | 1,173,930 | 14.48 | ||
| 2021-09-14 | 1,279,119 | 14.48 | -0.03 | -0.21% |
| 2021-09-13 | 3,846,076 | 14.51 | -0.40 | -2.68% |
| 2021-09-10 | 907,661 | 14.91 | -0.29 | -1.91% |
| 2021-09-09 | 1,655,432 | 15.20 | -0.08 | -0.52% |
| 2021-09-08 | 1,118,775 | 15.28 |
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 | |
| Email: info.fortress@fortressfund.co.za | Website: www.fortressfund.co.za |
FFA Industrial Market Competitors
Fortress REIT Ltd., issuers of the FFA and Fortress REIT Ltd B (-13.95%) 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 |
|---|---|---|---|---|
| VIS | Visual International Holdings | 52.2M | 0.15 | +275% |
| DIB | Dipula Income Fund B | 2.12B | 4.01 | +159% |
| TEX | Texton Property Fund Limited | 1.21B | 3.60 | +150% |
| AHB | Arrowhead Properties B Shares | 4.03B | 3.95 | +70.3% |
| APF | Accelerate Property Fund Limited | 1B | 1.03 | +63.5% |
| VKE | Vukile Property Fund Ltd | 11.9B | 11.85 | +48.1% |
| ACS | Acsion Limited | 2.33B | 5.90 | +44.3% |
| MSP | MAS Real Estate Inc. | 12.8B | 17.97 | +40.9% |
| SRE | Sirius Real Estate Ltd | 28B | 26.65 | +38.1% |
| RDF | Redefine Properties Limited | 26.8B | 4.59 | +37.8% |