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Fortune Real Estate Investment (FRIVF)
OTHER OTC:FRIVF

Fortune Real Estate Investment (FRIVF) Stock Forecast & Price Target

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FRIVF Analyst Ratings

Currently, no data available
Based on 0 analysts giving stock ratings to
Fortune
Real Estate Investment
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

FRIVF Stock 12 Months Forecast

There Are No Analyst Ratings for FRIVF In The Last 3 Months.
Highest Price TargetAverage Price TargetLowest Price Target
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

FRIVF Financial Forecast

FRIVF Earnings Forecast

Next quarter’s earnings estimate for FRIVF is $0.02 with a range of $0.02 to $0.02. The previous quarter’s EPS was $0.02. FRIVF beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 50.94% of the time in the same period. In the last calendar year FRIVF has Underperformed its overall industry.
Next quarter’s earnings estimate for FRIVF is $0.02 with a range of $0.02 to $0.02. The previous quarter’s EPS was $0.02. FRIVF beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 50.94% of the time in the same period. In the last calendar year FRIVF has Underperformed its overall industry.

FRIVF Sales Forecast

Next quarter’s sales forecast for FRIVF is $118.70M with a range of $118.70M to $118.70M. The previous quarter’s sales results were $126.11M. FRIVF beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 72.87% of the time in the same period. In the last calendar year FRIVF has Outperformed its overall industry.
Next quarter’s sales forecast for FRIVF is $118.70M with a range of $118.70M to $118.70M. The previous quarter’s sales results were $126.11M. FRIVF beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 72.87% of the time in the same period. In the last calendar year FRIVF has Outperformed its overall industry.

FRIVF Analyst Recommendation Trends

FRIVF has not received any ratings in the last 3 months.
FRIVF has not received any ratings in the last 3 months.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
HSBC
$0.77
Hold
25.94%
Upside
Downgraded
08/09/23
We anticipate risk of DPU decline in the next 12 months. Given less than 10% implied upside to our target price, we downgrade Fortune REIT shares to Hold. Stable occupancy rate of 94.1% in 1H23. The company maintained stable occupancy of 94.1% in 1H22 (93.9% in 2H22). The tenant retention rate remained high at 77% during the period. There will be c18% of floor area subject to renewal in 2H23, and more than half of the leases expiring in 2023 have already been renewed or re-let. While the sectors such as F&B and electronics continue to see a gradual recovery, individual trades such as real estate agents and kindergartens continue to face some challenges.
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FRIVF Stock Forecast FAQ

What is FRIVF’s average 12-month price target, according to analysts?
Currently, no data Available
What is FRIVF’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for FRIVF, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
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      Is FRIVF a Buy, Sell or Hold?
      Currently, no data Available
      What is Fortune Real Estate Investment’s price target?
      Currently, no data Available
      What do analysts say about Fortune Real Estate Investment?
      Not enough analysts have published a price target to provide an average price target.
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