- Covivio’s like-for-like sales increased by 4.9% in the first quarter.
- Total revenue reached €162.3 million, reflecting a year-over-year growth of 5.4%.
- The company maintains its adjusted EPRA profit forecast for the year at approximately €495 million.
- A proposed cash dividend of €3.50 per share for 2024 has been announced, which is a 6% increase from the previous year.
- Analyst recommendations consist of 10 buy ratings, 3 hold ratings, and 2 sell ratings.
A look at Fonciere Des Regions Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for Fonciere Des Regions, it appears the company has a positive long-term outlook. With a strong focus on dividends and value, scoring 5 and 4 respectively, Fonciere Des Regions seems to be well-positioned in terms of providing steady returns to investors. Additionally, its momentum score of 4 suggests that the company’s stock is showing positive performance trends in the market.
Covivio, the company behind Fonciere Des Regions, manages a diverse real estate portfolio comprising offices, residential buildings, and car parking lots. Despite a lower growth score of 2, the company’s overall resilience score of 3 indicates a certain degree of stability in its operations. Taking into account the various Smart Scores, investors may view Fonciere Des Regions as a reliable option with potential for consistent dividends and value appreciation over the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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