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

Company Overview

Fortune Real Estate Investment Trust (OTCMKTS: FRIVF) is a Hong Kong–based real estate investment trust formed in 2005 with a focus on income-generating commercial properties. The trust’s investment portfolio comprises primarily retail shopping centres and associated car park facilities located across key districts of Hong Kong. Its assets are designed to cater to local residents as well as visitors, with property mixes that include community retail, daily necessities, dining and personal services.

Since its establishment, Fortune REIT has pursued a strategy of acquiring and actively managing a diversified retail portfolio. The trust seeks to enhance asset value and rental income through asset management initiatives, tenant repositioning and ongoing capital expenditure. As a result, Fortune REIT aims to deliver stable and sustainable distributions to its unitholders.

The trust was sponsored by Sino Land Company Limited and is externally managed by Sino Pacific Asset Management Limited, a wholly owned subsidiary of the sponsor. This alignment provides Fortune REIT with access to the sponsor’s development expertise, property management capabilities and sourcing networks in Hong Kong’s real estate market. The executive management team is supported by a board of directors that oversees governance and strategic direction in accordance with regulatory requirements.

Fortune REIT’s units are listed on the Main Board of The Stock Exchange of Hong Kong Limited, and its American Depositary Receipts trade on the OTC market under the symbol FRIVF. The trust continues to focus on maintaining a balanced portfolio of retail and car park assets, enhancing tenant mix and pursuing opportunities in Hong Kong’s dynamic property sector.

Key Stats

• Today's Range: $0.64 to $0.66
• 50-Day Range: $0.66 to $0.66
• 52-Week Range: $0.59 to $0.71
• Volume: N/A
• Average Volume: 4,301 shs
• Market Capitalization: N/A
• P/E Ratio: 0.49
• Dividend Yield: 5.26%
• Price Target: N/A
• Consensus Rating: N/A

Fortune Real Estate Investment Trust Stock Analysis - MarketRank™

Fortune Real Estate Investment Trust scored higher than 15% 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Fortune Real Estate Investment Trust.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Fortune Real Estate Investment Trust is 0.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.25.

Price to Earnings Ratio vs. Sector

The P/E ratio of Fortune Real Estate Investment Trust is 0.49, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 28.43.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

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

Short interest in Fortune Real Estate Investment Trust has recently increased by 47.90%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

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.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Sentiment

Fortune Real Estate Investment Trust has a news sentiment score of -1.00. 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 0.95 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Fortune Real Estate Investment Trust this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.3 / 5
• Insider Trading: N/A

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

27.68% of the stock of Fortune Real Estate Investment Trust is held by institutions.

Industry, Sector and Symbol

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

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 0.49
• 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