City Developments (CDEVY) Stock Price, News & Analysis

Company Overview

City Developments Limited (OTCMKTS: CDEVY) is a Singapore-based real estate developer founded in 1963. As one of the country’s largest and most established property companies, it operates as part of the Hong Leong Group of Companies. Over the past five decades, City Developments has grown from its local beginnings into an international developer with a diversified portfolio spanning residential, commercial and mixed-use projects.

The company’s core activities include property development, investment and management. Its residential offerings range from luxury condominiums and apartments to mass-market housing. In the commercial sector, City Developments has delivered office towers and integrated developments that combine retail, hospitality and urban living. Through its wholly owned hospitality arm, Millennium & Copthorne Hotels, the group also owns and manages a global network of hotels and resorts under various brand names.

City Developments serves markets across Asia Pacific, Europe, the Americas and the Middle East, with notable projects in Singapore, the United Kingdom, China and Australia. The company is led by Chairman Kwek Leng Beng and Group Chief Executive Officer Sherman Kwek, under whose stewardship the firm continues to pursue sustainable building practices, urban regeneration initiatives and strategic landbank expansion.

Key Stats

• Today's Range: $6.41 to $6.41
• 50-Day Range: $6.29 to $8.20
• 52-Week Range: $3.38 to $8.20
• Volume: 1,572 shs
• Average Volume: 1,812 shs
• Market Capitalization: $5.73 billion
• P/E Ratio: N/A
• Dividend Yield: 2.81%
• Price Target: N/A
• Consensus Rating: Buy

City Developments Stock Analysis - MarketRank™

City Developments scored higher than 65% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

City Developments has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

City Developments has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 83.33%

Earnings Growth

Earnings for City Developments are expected to grow by 83.33% in the coming year, from $0.12 to $0.22 per share.

Price to Book Value per Share Ratio

City Developments has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the float of City Developments has been sold short.

Short Interest Ratio / Days to Cover

City Developments has a short interest ratio ("days to cover") of 0.75, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in City Developments has recently decreased by 35.79%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

City Developments pays a meaningful dividend of 2.73%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

City Developments does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, City Developments will have a dividend payout ratio of 81.82% in the coming year. This indicates that City Developments may not be able to sustain their current dividend.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: N/A

News Sentiment

City Developments has a news sentiment score of 1.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Finance companies.

Company Ownership

• Score: N/A
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, City Developments insiders have not sold or bought any company stock.

Percentage Held by Institutions

City Developments has minimal institutional ownership at this time.

CDEVY Stock Analysis - Frequently Asked Questions

How have CDEVY shares performed this year?

City Developments' stock was trading at $5.98 at the start of the year. Since then, CDEVY shares have increased by 7.2% and is now trading at $6.41.

How were City Developments' earnings last quarter?

City Developments Ltd. (OTCMKTS:CDEVY) issued its quarterly earnings results on Thursday, November, 10th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.09. The firm earned $682.51 million during the quarter.

How do I buy shares of City Developments?

Shares of CDEVY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Last Earnings: 11/10/2016
• Today: 5/06/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: REAL ESTATE OPS
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:CDEVY
• Previous Symbol: NASDAQ:CDEVY
• CIK: N/A
• Web: www.cdl.com.sg
• Phone: (656) 877-8228
• Fax: 65-6223-2746
• Employees: 8,083
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 1.00
• Current Ratio: 0.77
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: $2.75 billion
• Price / Sales: 2.09
• Cash Flow: $0.79 per share
• Price / Cash Flow: 8.12
• Book Value: $8.79 per share
• Price / Book: 0.73

Miscellaneous

• Outstanding Shares: 893,400,000
• Free Float: N/A
• Market Cap: $5.73 billion
• Optionable: Not Optionable
• Beta: 0.29