GRT - Growthpoint Properties Limited
Growthpoint is a Real Estate Investment Trust (REIT) company with a total property portfolio of R139.4 billion. The largest South African listed property company which owns a property portfolio of 450 directly owned properties in South Africa valued at R78.3 billion, 57 properties valued at R38.7 billion through its 66.0% investment in Growthpoint Properties Australia (GOZ), a 50% interest in the V&A Waterfront properties, valued at R9.6 billion, a 29.8% interest in Globalworth Real Estate Investment Ltd. (GWIs) 60 properties, valued at R12.8 billion and a 72.9% interest in The Healthcare Fundâs five properties valued at R2.6 billion.
Growthpoint Properties Ltd is a property investment holding company engaged in the ownership of a variety of properties in South Africa and Australia. The company generates most of its revenue from rental income from its...
Growthpoint Properties Limited is listed on the Johannesburg Stock Exchange (JSE). Growthpoint Properties is traded on the JSE under the ticker symbol “GRT”. The International Securities Identification Number (ISIN) of JSE:GRT is ZAE000179420. Growthpoint Properties Limited is currently the 60th most valuable stock on the JSE with a market capitalization of ZAR 39.8 billion, which makes about 0.219% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 11.61 |
| Day’s High Price | 12.00 |
| Traded Volume | 5.31M |
| Number of Deals | 1,512 |
| Gross Turnover | 62.7M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 2.1114 |
| Price/Earning Ratio | 5.50 |
| Dividend Per Share | 1.28 |
| Dividend Yield | 11% |
| Shares Outstanding | 3.43B |
| Market Capitalization | 39.8B |
GRT Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -7.42% | -8.08% | -5.99% |
| 6MO | 1YR | YTD |
|---|---|---|
| -21% | -18.8% | -24.5% |
The current share price of Growthpoint Properties Limited (GRT) is ZAR 11.84. GRT closed its last trading day (Thursday, September 29, 2022) at 11.61 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.9% drop from its previous closing price of 11.84 ZAR. Growthpoint Properties began the year with a share price of 15.37 ZAR but has since lost 24.5% off that price valuation, ranking it 322nd on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that GRT has lost 8% of the stock’s value from September 1st to date.
Growthpoint Properties is the fifth most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 4 - Sep 29, 2022). GRT has traded a total volume of 565 million shares—in 114,903 deals—valued at ZAR 7.36 billion over the period, with an average of 8.97 million traded shares per session. A volume high of 20.3 million was achieved on September 16th, and a low of 3.89 million on September 19th, for the same period. The table below details the last 10 trading days of activity of Growthpoint Properties on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-09-29 | 11,238,162 | 11.61 | -0.23 | -1.94% |
| 2022-09-28 | 13,045,620 | 11.84 | -0.16 | -1.33% |
| 2022-09-27 | 13,266,103 | 12.00 | -0.03 | -0.25% |
| 2022-09-26 | 8,609,885 | 12.03 | -0.20 | -1.64% |
| 2022-09-23 | 8,778,538 | 12.23 | -0.31 | -2.47% |
| 2022-09-22 | 7,844,337 | 12.54 | -0.13 | -1.03% |
| 2022-09-21 | 5,513,296 | 12.67 | -0.14 | -1.09% |
| 2022-09-20 | 7,497,195 | 12.81 | +0.02 | +0.16% |
| 2022-09-19 | 3,885,148 | 12.79 | -0.09 | -0.70% |
| 2022-09-16 | 20,296,618 | 12.88 |
Profile of Growthpoint Properties Limited
Growthpoint Properties Limited operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.
Factsheet of Growthpoint Properties Limited
- Sector
- Real Estate
- Industry
- Real Estate Investment Trust
- Address
- The Place, 1 Sandton Drive, Sandton 2196, South Africa
- Telephone
- +27-11-944-6000
- Website
- www.growthpoint.co.za
GRT Industrial Market Competitors
Growthpoint Properties Limited, issuers of the GRT stock 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 |
|---|---|---|---|---|
| RMH | RMB Holdings Ltd | 2.84B | 2.01 | +34% |
| EXP | Exemplar REITail Ltd | 3.99B | 12.00 | +25% |
| FFB | Fortress REIT Ltd B | 9.23B | 4.04 | +24.3% |
| PPR | Putprop Ltd | 203M | 4.78 | +19.5% |
| DKR | Deutsche Konsum REIT-AG | 854M | 24.28 | +18.4% |
| TDH | Tradehold Ltd | 3.02B | 11.57 | +9.67% |
| OCT | OCTODEC INVEST LTD | 2.36B | 8.86 | +8.05% |
| EMI | Emira Property Fund Ltd | 5.33B | 10.20 | +7.37% |
| APO | aReit Prop Ltd | 630M | 6.30 | +5% |
| SAR | Safari Investments RSA Ltd | 1.71B | 5.50 | +4.76% |