City Developments (CDEVY) Stock Price, News & Analysis

Company Overview

City Developments Limited (OTCMKTS:CDEVY), commonly known as CDL, is a Singapore-based real estate operating company engaged in property development, investment and management. Its portfolio includes residential projects, office buildings, retail properties and integrated developments, with activities spanning the acquisition, development and management of real estate assets.

Founded in 1963, CDL has developed projects in Singapore and maintains an international presence through operations and investments in markets including the United Kingdom, Australia, Japan and other parts of Asia and Europe. The company also provides property-related services such as asset and facilities management.

Through its hospitality business, which includes the Millennium & Copthorne Hotels group, CDL operates and manages hotels and serviced apartments under brands serving business and leisure travelers. The company is associated with the Hong Leong Group and is led by Executive Chairman Kwek Leng Beng and Group Chief Executive Officer Sherman Kwek.

Key Stats

• Today's Range: $5.43 to $5.50
• 50-Day Range: $5.45 to $6.74
• 52-Week Range: $5.04 to $8.20
• Volume: 3,122 shs
• Average Volume: 3,276 shs
• Market Capitalization: $4.87 billion
• P/E Ratio: N/A
• Dividend Yield: 3.85%
• Price Target: N/A
• Consensus Rating: Buy

City Developments Stock Analysis - MarketRank™

City Developments scored higher than 50% 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, 2 buy ratings, 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 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 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 1.85, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in City Developments has recently increased by 1,050,400.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

City Developments is a leading dividend payer. It pays a dividend yield of 3.79%, putting its dividend yield in the top 25% of dividend-paying stocks.

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 95.45% in the coming year. This indicates that City Developments may not be able to sustain their current dividend.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.35

News Sentiment

City Developments has a news sentiment score of 0.35. 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 lower news sentiment than the 0.63 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for City Developments this week, compared to 0 articles on an average week.

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.

Company Calendar

• Last Earnings: 11/10/2016
• Today: 10/16/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Real Estate
• Industry: Real Estate Management & Development
• 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: 9,546
• 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: 0.67
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $2.75 billion
• Price / Sales: 1.77
• Cash Flow: $0.74 per share
• Price / Cash Flow: 7.41
• Book Value: $8.79 per share
• Price / Book: 0.62

Miscellaneous

• Outstanding Shares: 893,402,000
• Free Float: N/A
• Market Cap: $4.87 billion
• Optionable: Not Optionable
• Beta: 0.35