FFB - Fortress REIT Ltd B
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 B is listed on the Johannesburg Stock Exchange (JSE). Fortress REIT Ltd B is traded on the JSE under the ticker symbol “FFB”. The International Securities Identification Number (ISIN) of JSE:FFB is ZAE000248506. Fortress REIT Ltd B is currently the 128th most valuable stock on the JSE with a market capitalization of ZAR 8.27 billion, which makes about 0.042% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 3.61 |
| Day’s High Price | 3.81 |
| Traded Volume | 1.34M |
| Number of Deals | 127 |
| Gross Turnover | 4.97M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 2.28B |
| Market Capitalization | 8.27B |
FFB Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -4.74% | -13.2% | -1.63% |
| 6MO | 1YR | YTD |
|---|---|---|
| +13.5% | +29.8% | +11.4% |
The current share price of Fortress REIT Ltd B (FFB) is ZAR 3.69. FFB closed its last trading day (Friday, July 1, 2022) at 3.62 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2% gain over its previous closing price of 3.55 ZAR. Fortress REIT Ltd B began the year with a share price of 3.25 ZAR and has since gained 11.4% on that price valuation, ranking it 56th on the JSE in terms of year-to-date performance. Investors should, however, take caution of FFB’s recent poor performance, having lost 13% of its value in the past four weeks.
Fortress REIT Ltd B is the 40th most traded stock on the Johannesburg Stock Exchange over the past three months (Mar 30 - Jul 1, 2022). FFB has traded a total volume of 116 million shares—in 16,106 deals—valued at ZAR 444 million over the period, with an average of 1.85 million traded shares per session. A volume high of 11.6 million was achieved on June 1st, and a low of 136,557 on March 30th, for the same period. The table below details the last 10 trading days of activity of Fortress REIT Ltd B on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-07-01 | 2,610,832 | 3.62 | +0.07 | +1.97% |
| 2022-06-30 | 3,062,572 | 3.55 | -0.08 | -2.20% |
| 2022-06-29 | 624,192 | 3.63 | -0.03 | -0.82% |
| 2022-06-28 | 1,002,336 | 3.66 | -0.04 | -1.08% |
| 2022-06-27 | 1,302,120 | 3.70 | -0.10 | -2.63% |
| 2022-06-24 | 851,714 | 3.80 | +0.08 | +2.15% |
| 2022-06-23 | 1,411,413 | 3.72 | -0.03 | -0.80% |
| 2022-06-22 | 3,089,672 | 3.75 | -0.05 | -1.32% |
| 2022-06-21 | 1,962,132 | 3.80 | +0.17 | +4.68% |
| 2022-06-20 | 815,468 | 3.63 |
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
FFB Industrial Market Competitors
Fortress REIT Ltd., issuers of the FFB and Fortress REIT Ltd A (-13.92%) 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 |
|---|---|---|---|---|
| APO | aReit Prop Ltd | 730M | 7.30 | +21.7% |
| DKR | Deutsche Konsum REIT-AG | 854M | 24.28 | +18.4% |
| TDH | Tradehold Ltd | 3.2B | 12.25 | +16.1% |
| RMH | RMB Holdings Ltd | 2.41B | 1.71 | +14% |
| SAR | Safari Investments RSA Ltd | 1.85B | 5.95 | +13.3% |
| APF | Accelerate Property Fund Limited | 1.26B | 1.26 | +10.5% |
| IAP | Investec Australia Property Fund | 14.2B | 20.92 | +8.84% |
| TEX | Texton Property Fund Limited | 1.35B | 3.70 | +2.78% |
| VKE | Vukile Property Fund Ltd | 12.2B | 12.45 | +0.65% |
| GTC | Globe Trade Centre S.A. | 11.5B | 20.00 |