Vonovia SE (VONOY)

OTCMKTS · Delayed Price · Currency is USD
15.36
+0.18 (1.22%)
Nov 19, 2024, 3:30 PM EST
12.08%
Market Cap 24.87B
Revenue (ttm) 6.93B
Net Income (ttm) -3.70B
Shares Out n/a
EPS (ttm) -4.57
PE Ratio n/a
Forward PE n/a
Dividend 0.44 (2.69%)
Ex-Dividend Date May 9, 2024
Volume 6,068
Open 15.21
Previous Close 15.18
Day's Range 15.21 - 15.38
52-Week Range 12.84 - 18.73
Beta 1.04
Analysts n/a
Price Target n/a
Earnings Date Nov 6, 2024

About Vonovia SE

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers property management services; property-related services; and value-added services, including maintenance and modernization of residential properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, energy supply, and insurances services. It also engages in the sale of individual condominiums and single-family ... [Read more]

Sector Real Estate
Founded 1998
Employees 10,692
Stock Exchange OTCMKTS
Ticker Symbol VONOY
Full Company Profile

Financial Performance

In 2023, Vonovia SE's revenue was 6.02 billion, a decrease of -27.36% compared to the previous year's 8.29 billion. Losses were -6.29 billion, 876.3% more than in 2022.

Financial numbers in EUR Financial Statements

News

Vonovia: 2028 Growth Ambitions To Offset Refinancing Headwinds

Vonovia operates an apartment portfolio split between Germany, Sweden, and Austria. The core Rental segment accounted for 91% of 9M 2024 adjusted EBITDA, which will decline to 75-80% by 2028 as the co...

14 days ago - Seeking Alpha

Vonovia SE (VONOY) Q3 2024 Earnings Call Transcript

Vonovia SE (OTCPK:VONOY) Q3 2024 Earnings Conference Call November 6, 2024 8:00 AM ET Company Participants Rene Hoffmann - Head, Investor Relations Rolf Buch - Chief Executive Officer Philip Grosse - ...

15 days ago - Seeking Alpha

Vonovia SE reports Q3 results

15 days ago - Seeking Alpha

Vonovia After-Tax Loss Narrows, Confirms Guidance

The real-estate company posted a net loss of 592 million euros for the first nine months of 2024, and continues to expect its full-year result to reach the upper end of its guidance range.

15 days ago - WSJ

Vonovia After-Tax Loss Narrows, Confirms Guidance

The real-estate company posted a net loss of 592 million euros for the first nine months of 2024, and continues to expect its full-year result to reach the upper end of its guidance range.

15 days ago - The Wall Street Journal

Vonovia: Time To Play Offence With A Capital-Light Strategy

Vonovia is pivoting to a capital-light business model.

19 days ago - Seeking Alpha

Vonovia Surpasses Sales Target With New Deals Worth €1.8 Billion

German residential landlord Vonovia SE said it expects to generate around €1.8 billion ($2 billion) selling shares of its Deutsche Wohnen SE unit, part of its nursing home business and several develop...

7 weeks ago - BNN Bloomberg

Apollo to provide $1.3B to Germany's Vonovia in third transaction

Apollo Global Management partners with affiliates to invest $1.3B in Vonovia affiliate, marking third deal with commitments totaling €3B.

7 weeks ago - Seeking Alpha

Vonovia Deal Offers Way Out For Elliott’s Deutsche Wohnen Bet

German residential landlord Vonovia SE said it’s prepared to offer sweeteners to minority shareholders of a subsidiary in exchange for tighter control, following a yearslong campaign by activist share...

2 months ago - BNN Bloomberg

Vonovia: #1 Recession Pick And Pivot To Capital-Light Business Model

Vonovia is my #1 defensive pick for a recession, with further upside due to pivot to a capital-light model. Market sentiment has shifted to recession concerns, making Vonovia a strong pick for outperf...

3 months ago - Seeking Alpha

Vonovia SE: Can The New Earnings And Interest Cuts End The Consolidation?

Vonovia SE's stock price is performing well in 2023 despite the real estate crisis and interest rate pressures. ECB interest rates cuts should continue and boost Vonovia's stock price. Analysts predic...

3 months ago - Seeking Alpha

Vonovia: Debt-Related Fears Have Been Addressed, Upside Remains

Vonovia, the largest apartment landlord in Germany, has been mispriced by the stock market. Operational performance remains strong, with low vacancy, high collections, and increasing rents. Debt repay...

6 months ago - Seeking Alpha

Vonovia Lifted by Solid First Quarter, Trading Momentum

Vonovia shares rose sharply after the real estate company confirmed its 2024 forecasts after its first-quarter results came in ahead of consensus.

7 months ago - WSJ

Vonovia: FOMO May Happen Quicker Than You Expect

Vonovia SE is currently trading at a significant discount to its book value, presenting a distressed valuation opportunity. The rise in interest rates in the Eurozone has had a negative impact on Vono...

7 months ago - Seeking Alpha

Vonovia: A Mid-Single Digit Return For Recessionary Times

Vonovia switched to adjusted earnings before tax (EBT) as its key performance measure, along with operating free cash flow. EBT dropped 6.6% in 2023 and is expected to further decline by 6.2% in 2024....

8 months ago - Seeking Alpha

Vonovia: The Multiple Expansion Is Too Unpredictable, Lifting It To Hold

On March 28th, 2023, I issued a clear sell recommendation on Vonovia. Since then, the stock price has surged by ~50%.

8 months ago - Seeking Alpha

Vonovia SE (VONOY) Q4 2023 Earnings Call Transcript

Vonovia SE (VONOY) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

Vonovia falls 7% after its biggest ever loss shines light on Germany's property crisis

Shares of German property giant Vonovia fell over 7% on Friday, shining a light on a deepening real estate crisis in Europe's largest economy.

8 months ago - CNBC

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.

10 months ago - Seeking Alpha

Billionaire Investor Is Buying REITs (And You Should Too)

Billionaire Stephen A. Schwarzman, CEO/co-founder of Blackstone, is bullish on REITs. He has been pouring 10s of billions into REITs via Blackstone. They just closed another buyout and I expect many m...

10 months ago - Seeking Alpha

Vonovia: Despite Recent Rebound, Still Has A Lot Of Gas Left In The Tank

Vonovia stock has potential for growth in the medium and long term, with a significant in-place-to-market rent gap and interest rate cuts that may be deeper than expected. The German residential real ...

10 months ago - Seeking Alpha

Vonovia: Still Has An Upside In 2024

Vonovia has seen significant improvements in its financial situation and is now much safer than a year ago. Vonovia's current market valuation remains deeply below its reported book value, average rea...

10 months ago - Seeking Alpha