Covivio Future Growth

Future criteria checks 3/6

Covivio is forecast to grow earnings and revenue by 122.9% and 3% per annum respectively. EPS is expected to grow by 100.1% per annum. Return on equity is forecast to be 5.9% in 3 years.

Key information

122.9%

Earnings growth rate

100.1%

EPS growth rate

REITs earnings growth	62.6%
Revenue growth rate	3.0%
Future return on equity	5.9%
Analyst coverage	Good
Last updated	17 Jun 2024

Recent future growth updates

Recent updates

Newsflash: Covivio (EPA:COV) Analysts Have Been Trimming Their Revenue Forecasts

Mar 06

Could The Covivio (EPA:COV) Ownership Structure Tell Us Something Useful?

Feb 08

Covivio's (EPA:COV) Stock Is Going Strong: Have Financials A Role To Play?

Dec 16

Earnings and Revenue Growth Forecasts

ENXTPA:COV - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,120	507	251	533	2
12/31/2025	1,092	569	277	426	2
12/31/2024	1,067	-42	452	462	2
12/31/2023	1,020	-1,419	541	1,025	N/A
9/30/2023	1,035	-1,142	409	897	N/A
6/30/2023	1,051	-865	277	769	N/A
3/31/2023	1,059	-122	204	733	N/A
12/31/2022	1,068	621	130	698	N/A
9/30/2022	1,050	937	88	702	N/A
6/30/2022	1,031	1,252	46	707	N/A
3/31/2022	999	1,088	19	698	N/A
12/31/2021	967	924	-9	689	N/A
9/30/2021	947	778	-40	663	N/A
6/30/2021	928	632	-72	638	N/A
3/31/2021	925	496	-101	569	N/A
12/31/2020	923	360	-131	501	N/A
9/30/2020	930	473	-95	531	N/A
6/30/2020	938	586	-59	562	N/A
3/31/2020	1,022	667	20	668	N/A
12/31/2019	1,106	747	99	773	N/A
9/30/2019	1,183	693	96	821	N/A
6/30/2019	1,260	639	92	869	N/A
3/31/2019	1,261	694	-7	877	N/A
12/31/2018	1,261	750	-107	884	N/A
9/30/2018	1,190	820	N/A	N/A	N/A
6/30/2018	1,118	890	-8	806	N/A
3/31/2018	1,058	902	-192	772	N/A
12/31/2017	998	914	-376	738	N/A
9/30/2017	980	889	N/A	N/A	N/A
6/30/2017	961	864	N/A	464	N/A
3/31/2017	965	825	N/A	480	N/A
12/31/2016	968	787	N/A	497	N/A
9/30/2016	991	712	N/A	N/A	N/A
6/30/2016	1,013	637	N/A	746	N/A
3/31/2016	1,012	566	N/A	726	N/A
12/31/2015	1,012	494	N/A	707	N/A
9/30/2015	1,009	414	N/A	N/A	N/A
6/30/2015	1,007	334	N/A	642	N/A
3/31/2015	999	214	N/A	698	N/A
12/31/2014	991	95	N/A	755	N/A
9/30/2014	996	130	N/A	N/A	N/A
6/30/2014	1,000	165	N/A	764	N/A
3/31/2014	979	253	N/A	698	N/A
12/31/2013	957	340	N/A	632	N/A
9/30/2013	920	244	N/A	N/A	N/A
6/30/2013	883	147	N/A	641	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: COV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.1%).

Earnings vs Market: COV is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: COV is expected to become profitable in the next 3 years.

Revenue vs Market: COV's revenue (3% per year) is forecast to grow slower than the French market (5.8% per year).

High Growth Revenue: COV's revenue (3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: COV's Return on Equity is forecast to be low in 3 years time (5.9%).

Covivio Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 199%

Consensus revenue estimates decrease by 13%

Consensus EPS estimates upgraded to €0.23 loss

Consensus EPS estimates fall by 106%

Price target decreased by 7.6% to €48.54

Consensus EPS estimates fall by 43%

Recent updates

Consensus EPS estimates increase by 199%

Upcoming dividend of €3.30 per share

Full year 2023 earnings: Revenues miss analyst expectations

Newsflash: Covivio (EPA:COV) Analysts Have Been Trimming Their Revenue Forecasts

Consensus revenue estimates decrease by 13%

Covivio (ENXTPA:COV) signed an agreement to acquire additional 8.3% stake in Covivio Hotels (ENXTPA:COVH) from Generali Asset Management SGR SpA for €160 million.

Consensus EPS estimates upgraded to €0.23 loss

Dividend of €3.30 announced

Full year 2023 earnings: Revenues miss analyst expectations

Covivio to Report Q2, 2024 Results on Jul 22, 2024

Covivio, Annual General Meeting, Apr 17, 2024

Now 21% overvalued after recent price rise

Consensus EPS estimates fall by 106%

Now 21% undervalued after recent price drop

An unknown buyer acquired Anjou office building located in Paris from Covivio (ENXTPA:COV).

Price target decreased by 7.6% to €48.54

First half 2023 earnings released: €7.27 loss per share (vs €8.45 profit in 1H 2022)

Consensus EPS estimates fall by 43%

Full year 2022 earnings released: EPS: €6.61 (vs €9.79 in FY 2021)

Full year 2022 earnings released

Covivio to Report First Half, 2023 Results on Jul 20, 2023

Covivio to Report Fiscal Year 2022 Results on Feb 21, 2023

Now 20% undervalued after recent price drop

First half 2022 earnings released

Price target decreased to €68.29

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

Now 22% undervalued after recent price drop

Upcoming dividend of €3.75 per share

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues miss analyst expectations

Now 20% undervalued

Now 21% undervalued after recent price drop

Covivio to Report Fiscal Year 2021 Results on Feb 22, 2022

Covivio (ENXTPA:COV) acquired Residential portfolio of 640 homes in Berlin from Nox Capital for €154 million.

Consensus forecasts updated

Consensus forecasts updated

First half 2021 earnings released: EPS €4.95 (vs €2.19 in 1H 2020)

Covivio (ENXTPA:COV) acquired 552 units of Residential Portfolio In Berlin for approximately €130 million.

Indigo Group S.A. agreed to acquire Parking Concessions and Long-term Leases Portfolio from Covivio (ENXTPA:COV).

Upcoming dividend of €3.60 per share

Consensus forecasts updated

Banca Finnat Euramerica S.p.A. (BIT:BFE) acquired an additional 17.9% stake in Investire SGR S.p.A. from Covivio (ENXTPA:COV).

Analysts update estimates

Analysts lower EPS estimates to €0.10

Analysts update estimates

Could The Covivio (EPA:COV) Ownership Structure Tell Us Something Useful?

Analysts update estimates

Fondo Thesaurus managed by Kryalos SGR S.p.A. acquired Two Office Buildings in Milan from Covivio (ENXTPA:COV) for approximately €137 million.

Covivio's (EPA:COV) Stock Is Going Strong: Have Financials A Role To Play?

Covivio to Report First Half, 2021 Results on Jul 21, 2021

New 90-day high: €76.95

New 90-day high: €69.05

Market bids up stock over the past week

New 90-day low: €55.60

Covivio to Report Fiscal Year 2020 Results on Feb 18, 2021

Covivio to Report Nine Months, 2020 Results on Oct 15, 2020

Fonciere des Regions (ENXTPA:FDR) acquired 2,000 residential units in Hamburg for approximately €240 million.

New 90-day low: €57.45

Earnings released

Tikehau Residential 1 fund of Tikehau Investment Management SAS acquired Portfolio of around 520 residential parcels in France from Covivio (ENXTPA:COV).

Arete, a fund managed by Kryalos SGR S.p.A. completed the acquisition of portfolio of mature and non-core assets from Covivio (ENXTPA:COV).

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies