Citycon Oyj (BATS-CHIXE:CTY1SH) - Stock Price, News & Analysis

CTY1SH Stock Overview

A real estate investment company, owns and develops mixed-use centers in the Nordic and Baltics region.

CTY1SH fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	2/6
Dividends	3/6

Rewards

Earnings are forecast to grow 62.29% per year

Risk Analysis

Shares are highly illiquid

Interest payments are not well covered by earnings

Dividend of 7.23% is not well covered by earnings

Shareholders have been diluted in the past year

Citycon Oyj Competitors

Grainger

LSE:GRI

UK£1.8b

International Workplace Group

LSE:IWG

UK£1.8b

Sirius Real Estate

LSE:SRE

UK£1.4b

Property Franchise Group

AIM:TPFG

UK£266.5m

Price History & Performance

Summary of all time highs, changes and price drops for Citycon Oyj
Historical stock prices
Current Share Price	€4.12
52 Week High	€4.12
52 Week Low	€4.12
Beta	0.98
11 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	-41.03%
5 Year Change	-57.48%
Change since IPO	-67.29%

Recent updates

Shareholder Returns

	CTY1SH	GB Real Estate	GB Market
7D	0%	-0.8%	-0.3%
1Y	n/a	17.0%	9.8%

Return vs Industry: Insufficient data to determine how CTY1SH performed against the UK Real Estate industry.

Return vs Market: Insufficient data to determine how CTY1SH performed against the UK Market.

Price Volatility

Is CTY1SH's price volatile compared to industry and market?
CTY1SH volatility
CTY1SH Average Weekly Movement	n/a
Real Estate Industry Average Movement	3.6%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	9.4%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: CTY1SH's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine CTY1SH's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1988	201	Henrica Ginström	www.citycon.com

Citycon Oyj, a real estate investment company, owns and develops mixed-use centers in the Nordic and Baltics region. It develops mixed-use centers that includes retail, offices, hotels, and housing, as well as for food and beverage, healthcare, culture, and leisure services. The company was incorporated in 1988 and is headquartered in Espoo, Finland.

Citycon Oyj Fundamentals Summary

How do Citycon Oyj's earnings and revenue compare to its market cap?
CTY1SH fundamental statistics
Market cap	€764.60m
Earnings (TTM)	-€122.60m
Revenue (TTM)	€290.00m

2.6x

P/S Ratio

-6.2x

P/E Ratio

Is CTY1SH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CTY1SH income statement (TTM)
Revenue	€290.00m
Cost of Revenue	€94.10m
Gross Profit	€195.90m
Other Expenses	€318.50m
Earnings	-€122.60m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 06, 2024

Earnings per share (EPS)	-0.67
Gross Margin	67.55%
Net Profit Margin	-42.28%
Debt/Equity Ratio	98.0%

How did CTY1SH perform over the long term?

See historical performance and comparison

Dividends

7.2%

Current Dividend Yield

-57%

Payout Ratio

Does CTY1SH pay a reliable dividends?

See CTY1SH dividend history and benchmarks

When do you need to buy CTY1SH by to receive an upcoming dividend?
Citycon Oyj dividend dates
Ex Dividend Date	Dec 19 2024
Dividend Pay Date	Dec 31 2024
Days until Ex dividend	75 days
Days until Dividend pay date	87 days

Does CTY1SH pay a reliable dividends?

See CTY1SH dividend history and benchmarks

CTY1SH Stock Overview

Rewards

Risk Analysis

Citycon Oyj Competitors

LSE:GRI

UK£1.8b

LSE:IWG

UK£1.8b

LSE:SRE

UK£1.4b

AIM:TPFG

UK£266.5m

Price History & Performance

Recent News & Updates

An undisclosed buyer acquired Trekanten As from Citycon Oyj (HLSE:CTY1S) for €110 million

An undisclosed buyer acquired Trekanten As from Citycon Oyj (HLSE:CTY1S) for €110 million

Citycon Oyj Announces Dividend, Payable on 30 September 2024

Citycon Oyj Decides on Quarterly Distribution, Payable on 28 June 2024

Citycon Launches Spotlight: Flexible Retail Spaces in Nordic and Baltic Centers, Tailored for the Future of Retail

Citycon Oyj Announces Changes in Corporate Management Committee as of 1 April 2024

Recent updates

An undisclosed buyer acquired Trekanten As from Citycon Oyj (HLSE:CTY1S) for €110 million

An undisclosed buyer acquired Trekanten As from Citycon Oyj (HLSE:CTY1S) for €110 million

Citycon Oyj Announces Dividend, Payable on 30 September 2024

Citycon Oyj Decides on Quarterly Distribution, Payable on 28 June 2024

Citycon Launches Spotlight: Flexible Retail Spaces in Nordic and Baltic Centers, Tailored for the Future of Retail

Citycon Oyj Announces Changes in Corporate Management Committee as of 1 April 2024

Citycon Oyj Announces Board Changes

Citycon Oyj Announces CEO Changes, Effective April 1, 2024

Citycon Oyj (HLSE:CTY1S) completed the acquisition of remaining 50% stake in Kista Galleria AB from Canada Pension Plan Investment Board.

Citycon Oyj has filed a Follow-on Equity Offering in the amount of €48.195 million.

Citycon Oyj has completed a Follow-on Equity Offering in the amount of €48.195 million.

Citycon Oyj (HLSE:CTY1S) agreed to acquire 50% stake in Kista Galleria AB from Canada Pension Plan Investment Board.

Citycon Oyj Provides Earnings Guidance for the Year 2024

Citycon Oyj Announces Resignation of Kirsi Simola-Laaksonen as Chief Information Officer and Member of the Corporate Management Committee

Citycon Oyj Appoints Sakari Järvelä as A Member of Corporate Management Committee Effective February 1, 2024

Citycon Oyj to Report Q1, 2024 Results on May 15, 2024

Citycon Oyj Decides on Quarterly Distribution, Payable on September 29, 2023

Upcoming dividend of €0.13 per share at 7.9% yield

Citycon Oyj Appoints Adi Jemini as Member of the Board of Directors

Chief Operating Officer recently sold €67k worth of stock

First quarter 2023 earnings released: EPS: €0.32 (vs €0.13 in 1Q 2022)

Citycon Oyj Announces Earning Guidance for the Year 2023

Full year 2022 earnings released: €0.15 loss per share (vs €0.55 profit in FY 2021)

Scala Eiendom AS completed the acquisition of Sjøsiden centre in Horten and Down Town from Citycon Oyj (HLSE:CTY1S).

Citycon Oyj Announces Quarterly Distribution, Payable on 30 December 2022

Scala Eiendom AS signed an agreement to acquire Sjøsiden centre in Horten and Down Town from Citycon Oyj (HLSE:CTY1S) for approximately NOK 1250 million.

Third quarter 2022 earnings released: EPS: €0.089 (vs €0.014 in 3Q 2021)

Citycon Oyj Reaffirms Earnings Guidance for the Year 2022

Citycon Announces Quarterly Distribution, Payable on 30 September 2022

Citycon Oyj Revises Earnings Guidance for the Year 2022

Citycon Oyj Announces Quarterly Distribution, Payable on 30 June 2022

Citycon Oyj to Report Q2, 2022 Results on Jul 13, 2022

Citycon Oyj Revises Earnings Guidance for the Year 2022

First quarter 2022 earnings released: EPS: €0.13 (vs €0.12 in 1Q 2021)

Aurora Eiendom AS (OB:AURA) completed the acquisition of Buskerud Storsenter in Norway from Citycon Oyj (HLSE:CTY1S).

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Citycon Oyj Omits to Pay Dividend

Citycon Oyj Announces Earning Guidance for the Year 2022

High number of new directors

Aurora Eiendom AS (OB:AURA) entered into a share purchase agreement to acquire Buskerud Storsenter in Norway from Citycon Oyj (HLSE:CTY1S) for NOK 1.2 billion.

High number of new directors

Third quarter 2021 earnings released: EPS €0.01 (vs €0.003 loss in 3Q 2020)

High number of new directors

High number of new directors

Second quarter 2021 earnings released: EPS €0.18 (vs €0.23 loss in 2Q 2020)

Citycon Announces Earning Guidance for the Year 2021

First quarter 2021 earnings released: EPS €0.12 (vs €0.056 in 1Q 2020)

Director has left the company

New 90-day low: €7.65

Full year 2020 earnings released: €0.25 loss per share (vs €0.04 profit in FY 2019)

Revenue misses expectations

Niam AB signed a binding unconditional agreement to acquire three shopping centres from Citycon Oyj (HLSE:CTY1S) for SEK 1.5 billion.

Citycon Transforming the Track Area into A New Urban Space in Liljeholmen

Citycon Appoints Laura Jauhiainen as Vice President, Strategy and Investor Relations

Citycon Oyj Provides Earnings Guidance for the Year 2020

Citycon Oyj to Report First Half, 2021 Results on Aug 05, 2021

Shareholder Returns

Price Volatility

About the Company