OTCMKTS:HLPPY

Hang Lung Properties (HLPPY) Stock Forecast, Price & News

$8.26

-0.07 (-0.84%)

(As of 06/5/2023 ET)

Compare

Today's Range: $8.25
▼
$8.33
50-Day Range: $7.55
▼
$9.57
52-Week Range: $6.10
▼
$10.34

Volume: 75,852 shs
Average Volume: 114,042 shs
Market Capitalization: $7.43 billion

P/E Ratio: N/A
Dividend Yield: 8.84%
Price Target: N/A

Profile Analyst Ratings Chart Competitors Dividend Financials Headlines Short Interest

Hang Lung Properties MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.00% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.00
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 28.57%
From $0.63 to $0.81 Per Share

Overall MarketRank^™

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

2.41 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Hang Lung Properties.

5.0

Short Interest

Percentage of Shares Shorted
0.00% of the outstanding shares of Hang Lung Properties have been sold short.
Short Interest Ratio / Days to Cover
Hang Lung Properties 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 Hang Lung Properties has recently decreased by 92.10%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Hang Lung Properties is a leading dividend payer. It pays a dividend yield of 8.73%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Hang Lung Properties does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Hang Lung Properties will have a dividend payout ratio of 90.12% in the coming year. This indicates that Hang Lung Properties may not be able to sustain their current dividend.

N/A

Sustainability and ESG

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

2.8

News and Social Media Coverage

News Sentiment
Hang Lung Properties 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 higher news sentiment than the 0.63 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Hang Lung Properties this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hang Lung Properties insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.03% of the stock of Hang Lung Properties is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Hang Lung Properties are expected to grow by 28.57% in the coming year, from $0.63 to $0.81 per share.
Price to Book Value per Share Ratio
Hang Lung Properties has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Hang Lung Properties (OTCMKTS:HLPPY) Stock

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. The company operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties. Its investment properties portfolio includes shopping malls, office, residential, serviced apartment, hotel, and car parking properties, as well as industrial premises. The company also engages in the apartment operating and management; project management; and property agency activities. In addition, it provides management and financial services. The company was incorporated in 1949 and is headquartered in Central, Hong Kong. Hang Lung Properties Limited is a subsidiary of Hang Lung Group Limited.

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HLPPY Stock News Headlines

May 30, 2023 | americanbankingnews.com

Jefferies Financial Group Upgrades Hang Lung Properties (OTCMKTS:HLPPY) to Buy

May 10, 2023 | americanbankingnews.com

Hang Lung Properties (OTCMKTS:HLPPY) Stock Price Passes Below 50 Day Moving Average of $9.30

June 6, 2023 | Edge On The Street (Ad)

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April 30, 2023 | americanbankingnews.com

Hang Lung Properties Limited (HLPPY) to Issue Dividend of $0.36 on May 30th

April 23, 2023 | americanbankingnews.com

Hang Lung Properties Limited (OTCMKTS:HLPPY) Sees Significant Growth in Short Interest

April 4, 2023 | americanbankingnews.com

Hang Lung Properties Limited (OTCMKTS:HLPPY) Short Interest Update