Klépierre SA (EPA: LI)
France
· Delayed Price · Currency is EUR | Market Cap | 7.97B |
| Revenue (ttm) | 1.62B |
| Net Income (ttm) | 677.30M |
| Shares Out | 285.53M |
| EPS (ttm) | 2.36 |
| PE Ratio | 11.82 |
| Forward PE | 10.89 |
| Dividend | 1.80 (6.45%) |
| Ex-Dividend Date | Jul 9, 2024 |
| Volume | 1,876,539 |
| Open | 27.42 |
| Previous Close | 27.56 |
| Day's Range | 27.32 - 27.94 |
| 52-Week Range | 22.69 - 30.42 |
| Beta | 1.71 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Feb 12, 2025 |
About Klépierre
Klépierre SA is the European leader in shopping malls, combining property development and asset management skills. The Company’s portfolio is valued at €19.3 billion at December 31, 2023, and comprises large shopping centers in more than 10 countries in Continental Europe which together host hundreds of millions of visitors per year. Klépierre SA holds a controlling stake in Steen & Strøm (56.1%), Scandinavia’s number one shopping center owner and manager. Klépierre SA is a French REIT (SIIC) listed on Euronext Paris and is included in the CAC ... [Read more]
Financial Performance
In 2023, Klépierre's revenue was 1.54 billion, a decrease of -1.55% compared to the previous year's 1.57 billion. Earnings were 192.70 million, a decrease of -53.59%.
Financial StatementsNews
Klepierre Vs. Mercialys: Which Is The Better REIT For 2025?
Klepierre and Mercialys show mixed results in European retail REITs. See why KLPEF and MEIYF stocks remain attractive, despite economic and policy risks.
2 REITs To Buy In November 2024
The REIT market experienced a little dip in October. As a result, some of them are becoming opportunistic again. I highlight 2 of my favorite REITs to buy in November 2024.
Klepierre: Covered Calls Can Boost Returns As Valuation Yields Stabilize
Klepierre (KLPEF) is a retail REIT focused on continental Europe, primarily in France and Italy. Read more to see my recommendation for the stock.
Klepierre: Covered Calls Can Boost Returns As Valuation Yields Stabilize
Klepierre (KLPEF) is a retail REIT focused on continental Europe, primarily in France and Italy. Read more to see my recommendation for the stock.
Unibail-Rodamco-Westfield: Market Gives You Another Chance (Rating Upgrade)
Unibail-Rodamco-Westfield is an attractive investment option in 2024, despite debt risks and comparison with European peer Klepierre. Read why I rate the shares a buy.
Unibail-Rodamco-Westfield: Market Gives You Another Chance (Rating Upgrade)
Unibail-Rodamco-Westfield is an attractive investment option in 2024, despite debt risks and comparison with European peer Klepierre. Read why I rate the shares a buy.
Klépierre SA (KLPEF) 2024 First Half Earnings Call Transcript
Klépierre SA (OTCPK:KLPEF) 2024 First Half Earnings Call Transcript July 31, 2024 4:00 AM ET Company Participants Jean-Marc Jestin - Chairman of the Executive Board Stephane Tortajada - CFO Conference...
My 3 Favorite International REITs
There are REITs all around the world. International REITs offer significant upside potential. Here are three of my favorites to buy today.
Big city malls the future for Klepierre in battle with online
Mall operator Klepierre is focusing on Europe's most dynamic and affluent big cities and offering experiences beyond shopping to compete with fast-growing online retailers, its chairman Jean-Marc Jest...
Klepierre: Time To Take Some Profits As Price Approaches NAV (Rating Downgrade)
Klepierre confirmed its net current cash flow per share guidance of €2.45-2.50/share in 2024, flat Y/Y.
Klépierre (KLPEF) Q4 2023 Earnings Call Transcript
Klépierre (KLPEF) Q4 2023 Earnings Call Transcript
Klepierre: Assessing The Impact Of ECB Rate Cuts
Klepierre did an excellent job hedging its interest expenses, with half of all bonds maturing in the early 2030s. The company will only slowly refinance its bonds at a higher level, with a cumulative ...
My Top 3 European REIT Picks
European REITs are today on sale. In many cases, they are even cheaper than US REITs. We highlight 3 of our Top Picks.
KlePierre: Prime Shopping Mall Operator Positioned To Deliver
KlePierre is a large European shopping mall REIT with over 70 premier shopping malls, maintaining strong occupancy of 95.8%. European shopping malls are more than just shopping destinations, offering ...
Klépierre: Continues To Trade Below NAV Despite Good Results
There are multiple factors that make European malls much more resilient to e-commerce than their US peers. I present these and look at the second biggest European mall landlord Klépierre which recentl...
Klépierre (KLPEF) 2023 First Half Earnings Call Transcript
Klépierre (OTCPK:KLPEF) 2023 First Half Earnings Conference Call August 1, 2023 12:00 PM ET Company Participants Jean-Marc Jestin – Chairman of the Executive Board Stephane Tortajada – Chief Financial...
Klepierre: A Rare Income Opportunity Among The European Real Estate Sector
Klepierre, a French real estate company, is considered a top income pick in the European real estate sector due to its high-dividend yield and attractive valuation. The company's strategy focuses on o...
FIRST-QUARTER 2023 TRADING UPDATE
Klépierre, the European leader in shopping malls, today reported its first-quarter trading update(1), confirming the positive momentum observed in 2022.
Klepierre: Trading At Just 10x FFO And A 7.5% Yield
Klepierre is one of the largest mall operators in Europe. The balance sheet has improved as the LTV ratio is less than 38%, although I expect the capitalization rate used to value the properties will ...
Klépierre SA (KLPEF) Q4 2022 Earnings Call Transcript
Klépierre SA (OTCPK:KLPEF) Q4 2022 Earnings Conference Call February 16, 2023 3:00 AM ET Company Participants Jean-March Jestin - Chairman of the Executive Board Stephane Tortajada - Chief Financial O...
Klepierre: Prime European Malls With A 7.2% Dividend Yield
Cultural differences make European malls more resilient to the e-commerce thread compared to their US peers. Retailer sales have finally returned to pre-pandemic levels enabling the second biggest Eur...
It's Not Too Late To Buy 7.7% Yielding Klepierre
Klépierre is close to making a full-recovery from the pandemic's impact; for example, its financial occupancy is now at 95.6%. While class A mall operators in the US look very cheap to us, we believe ...
French mall owner Klepierre's nine-month rental income rises by almost a third
French shopping mall owner Klepierre on Wednesday reported a 31% increase in net rental income for the first nine months of the year as retail trends normalise after two years of on-and-off restrictio...
Klepierre: Recession-Resilient Business With A Dividend Yield Of Over 9%
The company's focus on prime centers allowed it to keep its dividend payments expanding during the Great Recession. I think Klepierre's business model should work well in the current macroeconomic env...
Klepierre: Trading At 8.5 Times 2023 Earnings And A 8.7% Dividend Yield
Klepierre is one of the largest commercial REITs in Europe, with an asset base of in excess of 20B EUR. The full-year earnings guidance has been hiked to 2.45 EUR per share, but I think this is still ...