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 $118.75M with a range of $118.75M to $118.75M. The previous quarter’s sales results were $126.16M. FRIVF beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 72.97% 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.

Detailed List of Analyst Forecasts

Raymond Liu

HSBC

$0.77

Hold

25.86%

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?

Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

How can I follow the stock ratings of top Wall Street analysts?

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

FRIVF Analyst Ratings

FRIVF Stock 12 Months Forecast

FRIVF Financial Forecast

FRIVF Earnings Forecast

FRIVF Sales Forecast

FRIVF Analyst Recommendation Trends

Detailed List of Analyst Forecasts​

FRIVF Stock Forecast FAQ

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Detailed List of Analyst Forecasts