Should I buy or sell Fortune Real Estate Investment Trust stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortune Real Estate Investment Trust in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" FRIVF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FRIVF, but not buy additional shares or sell existing shares. View FRIVF analyst ratings or view top-rated stocks .

What is Fortune Real Estate Investment Trust's stock price target for 2024?

1 analysts have issued 1-year price targets for Fortune Real Estate Investment Trust's stock. Their FRIVF share price targets range from $7.40 to $7.40. On average, they anticipate the company's stock price to reach $7.40 in the next twelve months. This suggests a possible upside of 1,113.1% from the stock's current price. View analysts price targets for FRIVF or view top-rated stocks among Wall Street analysts .

How have FRIVF shares performed in 2023?

Fortune Real Estate Investment Trust's stock was trading at $0.8058 at the beginning of the year. Since then, FRIVF stock has decreased by 24.3% and is now trading at $0.61. View the best growth stocks for 2023 here .

How do I buy shares of Fortune Real Estate Investment Trust?

Shares of FRIVF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Fortune Real Estate Investment Trust Stock Price, News & Analysis (OTCMKTS:FRIVF)

$0.61

0.00 (0.00%)

(As of 11/30/2023 ET)

Compare

Today's Range: $0.61
▼
$0.61
50-Day Range: $0.58
▼
$0.62
52-Week Range: $0.58
▼
$0.86

Volume: N/A
Average Volume: 72,944 shs
Market Capitalization: N/A

P/E Ratio: 0.45
Dividend Yield: 5.26%
Price Target: $7.40

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

Fortune Real Estate Investment Trust MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 1,113.1% Upside
$7.40 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
Fortune Real Estate Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.40, Fortune Real Estate Investment Trust has a forecasted upside of 1,113.1% from its current price of $0.61.
Amount of Analyst Coverage
Fortune Real Estate Investment Trust has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Fortune Real Estate Investment Trust has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month

1.7

Dividend Strength

Dividend Leadership
Fortune Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 5.26%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Fortune Real Estate Investment Trust does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FRIVF.

N/A

News and Social Media Coverage

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Fortune Real Estate Investment Trust insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 27.68% of the stock of Fortune Real Estate Investment Trust is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Fortune Real Estate Investment Trust is 0.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.16.
Price to Earnings Ratio vs. Sector
The P/E ratio of Fortune Real Estate Investment Trust is 0.45, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 146.05.

See Top Rated MarketRank™ Stocks Here

About Fortune Real Estate Investment Trust Stock (OTCMKTS:FRIVF)

Established in 2003, Fortune REIT is a real estate investment trust constituted by a trust deed (as amended, supplemented or otherwise modified from time to time). It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. Fortune REIT currently holds a portfolio of 17 retail properties, with 16 private housing estate retail properties in Hong Kong and 1 neighborhood mall in Singapore, comprising 3 million sq. ft. of retail space and 2,793 car parking spaces. The retail properties are Fortune City One, +WOO, Ma On Shan Plaza, Metro Town, Fortune Metropolis, Laguna Plaza, Belvedere Square, Waldorf Avenue, Caribbean Square, Jubilee Square, Tsing Yi Square, Smartland, Stars of Kovan Property, Centre de Laguna, Hampton Loft, Lido Avenue and Rhine Avenue. They house tenants from diverse trade sectors such as supermarkets, food and beverage outlets, banks, real estate agencies, and education providers.

FRIVF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FRIVF Stock News Headlines

October 25, 2023 | sfgate.com

Fortune Brands Innovations: Q3 Earnings Snapshot

September 17, 2023 | fortune.com

35 Best Workplaces in Real Estate

December 1, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

August 10, 2023 | msn.com

Fortune REIT expects more positive rental reversion as Hong Kong retail recovers: CEO

July 28, 2023 | investing.com

Fortune Real Estate Investment Trust (0778)

June 5, 2023 | benzinga.com

FORTUNE ANNOUNCES 2023 FORTUNE 500 LIST

March 27, 2023 | finance.yahoo.com

Fortune Real Estate Investment Trust (0778.HK)

March 12, 2023 | fortune.com

Most prostate cancer can just be watched for years instead of operated on, new long-term study finds

December 1, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.

February 11, 2023 | fortune.com

The Trust Factor

February 2, 2023 | fortune.com

Amber Burton

January 27, 2023 | fortune.com

From migraines to muscle spasms, Botox injections can help treat these 7 common health conditions

January 27, 2023 | benzinga.com

FORTUNE BAY ANNOUNCES GRANT OF STOCK OPTIONS

January 27, 2023 | fortune.com

FDA committee plots future of COVID vaccines, with Omicron formula and potentially annual booster shots

January 25, 2023 | fortune.com

Workplaces depend on highly sensitive people. Protecting them from burnout is essential for our future

January 18, 2023 | fortune.com

Latest FTX bankruptcy doc details spending $253 million on Bahamian real estate and $93 million on political donations

January 16, 2023 | fortune.com

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: REIT - Retail
Sub-Industry: N/A
Sector: Real Estate
Current Symbol: OTCMKTS:FRIVF
CUSIP: N/A
CIK: N/A
Web: www.fortunereit.com
Phone: (522) 169-0928
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.40
High Stock Price Target: $7.40
Low Stock Price Target: $7.40
Potential Upside/Downside: +1,113.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 0.45
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: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

Ms. Yu Chiu CFA (Age 42)
CEO & Executive Director of ARA Asset Management (Fortune) Limited
Ms. Yuki Ng
Assistant Finance Director
Ms. Yuen Chun Hung
Senior Director of Investments & Investor Relations of ARA Asset Management (Fortune) Limited
Ms. Wai Ming Chiang
Company Secretary of ARA Asset Management (Fortune) Limited
Ms. Mei Mei Low
Company Secretary of ARA Asset Management (Fortune) Limited

Key Competitors

View All Competitors

FRIVF Stock Analysis - Frequently Asked Questions

Should I buy or sell Fortune Real Estate Investment Trust stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortune Real Estate Investment Trust in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" FRIVF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FRIVF, but not buy additional shares or sell existing shares.
View FRIVF analyst ratings or view top-rated stocks.
What is Fortune Real Estate Investment Trust's stock price target for 2024?: 1 analysts have issued 1-year price targets for Fortune Real Estate Investment Trust's stock. Their FRIVF share price targets range from $7.40 to $7.40. On average, they anticipate the company's stock price to reach $7.40 in the next twelve months. This suggests a possible upside of 1,113.1% from the stock's current price.
View analysts price targets for FRIVF or view top-rated stocks among Wall Street analysts.
How have FRIVF shares performed in 2023?: Fortune Real Estate Investment Trust's stock was trading at $0.8058 at the beginning of the year. Since then, FRIVF stock has decreased by 24.3% and is now trading at $0.61.
View the best growth stocks for 2023 here.
How do I buy shares of Fortune Real Estate Investment Trust?: Shares of FRIVF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (OTCMKTS:FRIVF) was last updated on 12/1/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Fortune Real Estate Investment Trust Stock Price, News & Analysis (OTCMKTS:FRIVF)