- For 2025, Covivio expects its adjusted EPRA profit to be around €495 million, surpassing the estimate of €482.1 million.
- In 2024, Covivio’s adjusted EPRA profit was €477.4 million, exceeding the estimate of €462.4 million.
- Net income for 2024 was €68.1 million, a significant improvement from a loss of €1.42 billion the previous year, although it was below the estimated €292 million.
- The dividend per share for 2024 was €3.50, slightly above the estimated €3.44.
- Rental income in 2024 increased by 4.8% year over year to €585.3 million, but fell short of the €594.9 million estimate.
- Occupancy rate rose to 97.2% in 2024 from 96.7% the previous year.
- EPRA net tangible assets per share decreased from €84.10 to €79.80 year over year.
- Adjusted EPRA earnings per share (EPS) was €4.47, surpassing the estimate of €4.35.
- Covivio plans to focus on quality rotation of its portfolio, with increased investment in hotels.
- Covivio Hotels will offer a scrip option for its 2024 dividend; Covivio holds a 52.5% share and plans to subscribe.
- Analyst recommendations include 11 buys, 2 holds, and 2 sells.
A look at Fonciere Des Regions Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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
Analysts at Smartkarma have provided an overall positive long-term outlook for Fonciere Des Regions based on their Smart Scores system. The company has received high scores in key areas such as Value and Dividend, indicating strength in these aspects. This suggests that Fonciere Des Regions is considered a solid investment opportunity with attractive valuation and strong dividend payouts compared to its peers.
However, the company scored lower in areas like Growth, Resilience, and Momentum, highlighting potential areas for improvement. Despite these lower scores, Fonciere Des Regions‘ focus on managing a diversified real estate portfolio, including offices, residential buildings, and car parking lots, positions it well in the real estate sector. Investors may find the company’s stable dividend payments and overall value proposition appealing for long-term investment strategies.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
