Hang Lung Properties (HLPPY) Stock Price, News & Analysis

Company Overview

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties. Its investment properties portfolio includes shopping malls, office premises, residential, retail, serviced apartment, hotel, and car parking properties, as well as industrial premises. The company also engages in the apartment operating and management, project management, car park management, and property agency activities. In addition, it provides management and financial services. The company was incorporated in 1949 and is headquartered in Central, Hong Kong. Hang Lung Properties Limited operates as a subsidiary of Hang Lung Group Limited.

Key Stats

• Today's Range: $4.72 to $4.98
• 50-Day Range: $3.36 to $4.72
• 52-Week Range: $3.30 to $7.60
• Volume: 21,815 shs
• Average Volume: 227,845 shs
• Market Capitalization: $4.45 billion
• P/E Ratio: N/A
• Dividend Yield: 2.75%
• Price Target: N/A
• Consensus Rating: N/A

Hang Lung Properties Stock Analysis - MarketRank™

Hang Lung Properties scored higher than 15% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Hang Lung Properties.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -6.38%

Earnings Growth

Earnings for Hang Lung Properties are expected to decrease by -6.38% in the coming year, from $0.47 to $0.44 per share.

Price to Book Value per Share Ratio

Hang Lung Properties has a P/B Ratio of 0.23. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the outstanding shares of Hang Lung Properties have been sold short.

Short Interest Ratio / Days to Cover

Hang Lung Properties has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hang Lung Properties has recently increased by 126.67%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Hang Lung Properties pays a meaningful dividend of 3.21%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Hang Lung Properties does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Hang Lung Properties will have a dividend payout ratio of 29.55% next year. This indicates that Hang Lung Properties will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.00% of the outstanding shares of Hang Lung Properties have been sold short.

Short Interest Ratio / Days to Cover

Hang Lung Properties has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hang Lung Properties has recently increased by 126.67%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.14

News Sentiment

Hang Lung Properties has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Hang Lung Properties this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hang Lung Properties insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.03% of the stock of Hang Lung Properties is held by institutions.

HLPPY Stock Analysis - Frequently Asked Questions

How have HLPPY shares performed this year?

Hang Lung Properties' stock was trading at $6.96 at the beginning of 2024. Since then, HLPPY shares have decreased by 32.2% and is now trading at $4.72.
View the best growth stocks for 2024 here.

How do I buy shares of Hang Lung Properties?

Shares of HLPPY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 10/7 Dividend: 8/15/2024
• Today: 10/01/2024
• Dividend Payable: 10/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: Real estate
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:HLPPY
• CUSIP: N/A
• CIK: 896084
• Web: www.hanglung.com
• Phone: 852-2879-0111
• Fax: 852-2868-6086
• Employees: 4,200
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.33
• Current Ratio: 0.60
• Quick Ratio: 0.60

Sales & Book Value

• Annual Sales: $1.32 billion
• Price / Sales: 3.38
• Cash Flow: $0.78 per share
• Price / Cash Flow: 6.04
• Book Value: $20.17 per share
• Price / Book: 0.23

Miscellaneous

• Outstanding Shares: 942,500,000
• Free Float: N/A
• Market Cap: $4.45 billion
• Optionable: Not Optionable
• Beta: 0.16