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NEPI Rockcastle Plc (JSE: NRP)

Nigel Firth
Nigel Frith trader
Updated 23 Mar 2022

What is NEPI Rockcastle Plc

NEPI Rockcastle Plc is a commercial property investor and developer listed on the Johannesburg Stock Exchange (JSE) that owns and operates shopping centres in Central and Eastern Europe (CEE), with presence in 9 countries and an investment portfolio of over €5.9 billion.

NEPI Rockcastle Plc owns and operates 53 retail properties that makes it a leading strategic partner for major retailers targeting CEE countries.

The Group’s financial strategy includes maintaining a profile of satisfactory liquidity, cautious gearing, and a diverse debt structure, which combines secured and unsecured bank debt.

NEPI Rockcastle Plc business activities are functioned through Retail, Office, Industrial, and Corporate segments.

The history of NEPI Rockcastle Plc can be traced back to July 2017 when it was formed by a merger between New Europe Property Investments PLC (NEPI) and Rockcastle Global Real Estate Company Ltd.


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NEPI Rockcastle Plc

Nepi Rockcastle

Today, NEPI Rockcastle Plc has a diversified portfolio of products and services in more sectors of the financial value chain and renders the following services: asset management, development, investment, leasing and financial expertise. They pursue CEE property opportunities efficiently, benefiting by a strategic advantage in the acquisition, development and management of properties.

NEPI Rockcastle Plc's equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol NRP.

NEPI Rockcastle Plc has its headquarters at 2nd Floor, 30 Athol Street, Douglas, Isle of Man, IM1 1JB.

The company currently serves clients in nine countries of the CEE.

The current CEO of NEPI Rockcastle Plc is Alex Morar.

NEPI Rockcastle Plc forms part of the Real Estate Investment and Services Industry and the Financials Sector of the Johannesburg Stock Exchange (JSE).

NEPI Rockcastle Plc Stock Performance

The most recent or current price for NEPI Rockcastle Plc stocks on the Johannesburg Stock Exchange (JSE) was 103.10 ZAR at the time of writing.

An analysis of financial data of NEPI Rockcastle Plc showed that the company has a total market capitalisation of 62.8 Billion ZAR, with a Price/Earning ratio of 15.95 and earnings per share of 6.4642 ZAR.

The dividend per share of NRP was 6.15 ZAR and its dividend yield was 5.97 %. A total of 609 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell NEPI Rockcastle Plc stocks can be hopeful for lucrative dividends and earnings in times to come.

According to an analysis on the live chart of NEPI Rockcastle Plc, analysts forecast a possible further improved performance for the financial sector with market share growing as trading volumes increase.

Highlights of NEPI Rockcastle Plc in 2021

NEPI Rockcastle Plc started the current financial year (2021) with a share price of 93.50 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 10.3 % in value on its price valuation, ranking 261st on the JSE with its year-to-date performance.

NEPI Rockcastle Plc is currently the 69th most-traded stock on the JSE and it has experienced a total trading volume of more than 85.4 million shares, which were finalised in 159,195 deals and were valued at a total of 8.75 billion ZAR over a recent three month period from September to December 2021, with an average of 1.36 million shares in each trading session.

During the same period a volume high of 3.73 million was achieved on September 17 and a low of 587,277 on November 4.

Nepi Rockcastle - How To Trade

How to buy NEPI Rockcastle Plc stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participating daily. To buy, sell or trade NEPI Rockcastle Plc stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “NRP”.
  2. Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

FAQs

The Johannesburg Stock Exchange (JSE) was founded in 1887 during the first South African gold rush. Today it is the principal stock exchange of South Africa and the largest exchange on the continent.

The Johannesburg Stock Exchange is located in Sandton, Johannesburg and is described as the engine room of the South African economy, with the main purpose of facilitating the raising of primary capital for listed companies while improving job opportunities and wealth creation by providing an orderly market for dealing in securities for investors.

The JSE upgraded to electronic trading in 1996, and in 2005, demutualized and listed on its own exchange.

 

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.