- Gecina maintains its forecast for full-year recurrent net per share, expecting it to be between €6.60 and €6.70.
- The estimated recurrent net per share is approximately €6.68, representing an increase of 2.8% to 4.4% compared to the previous period.
- In the first quarter, like-for-like rental income increased by 3.3%.
- Gross rental income for the first quarter was €180.0 million, reflecting a year-over-year growth of 3.6%.
- The financial occupancy rate decreased slightly to 93.6% from last year’s 94.3%.
- Philippe Brassac has been appointed as the chairman of Gecina’s board.
- Market sentiment towards Gecina includes 15 ‘buy’ recommendations, 2 ‘hold’ recommendations, and 3 ‘sell’ recommendations.
A look at Gecina SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.4 |
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
According to Smartkarma Smart Scores, Gecina SA is projected to have a strong long-term outlook in various aspects. With top scores in Value, Dividend, and Growth categories, the company demonstrates solid fundamentals and potential for future profitability. Additionally, Gecina garners a high Resilience score, indicating its ability to withstand market challenges. While its Momentum score is slightly lower, the overall positive ratings suggest a promising future for the real estate investment company.
Gecina SA, a real estate investment firm based in France, focuses on renting out commercial and residential properties. Catering to a diverse client base of international businesses and organizations, Gecina’s operations involve developing, buying, selling, and leasing properties. The company’s decision to adopt the SIIC legal status in 2003 further solidifies its position in the real estate market, positioning it for continued growth and success.
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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