Carmila Stock: 2.1% Increase at Close Ahead of Quarterly Earnings Release
The share of the real estate investment trust specializing in shopping centers ended the session on October 22 on a positive note, recording a 2.1% gain to close at €17.54. This performance comes in a context of a declining Parisian market and just hours before the release of third-quarter results.
Market Performance and Trading Volume
Carmila closed the session at €17.54, up 2.1% from the previous day when the share was trading at €17.18. This increase stands out against the performance of the CAC 40, which fell by 0.63% over the same period to close at 8,206.87 points. Trading volume remained moderate with only 0.09% of the capital traded during the day, indicating limited rotation of the stock. Over the past week, the real estate company's stock has shown a performance of 3.66%, continuing a positive trend also observable over three months with a gain of 3.06%. However, on an annual scale, the stock has declined by 4.98%, in stark contrast to the 8.9% increase recorded by the CAC 40 over the same period. The beta coefficient of -0.03 underscores the lack of significant correlation between Carmila's performance and the overall market trend. The one-month volatility stands at 3.79, reflecting relatively contained price fluctuations.
Upcoming Financial Disclosure
The real estate investment trust is set to unveil its third-quarter revenue on October 23, according to the schedule published by listed companies. This announcement is a highly anticipated event to assess the company's commercial activity during the summer period. The last results were communicated on July 23, when Carmila published its half-yearly accounts for 2025. The group had also announced in February the launch of a share buyback program worth 10 million euros. Updated analyst forecasts in October anticipate a dividend of €1.34 per share for fiscal year 2025 and €1.39 for 2026, representing respective yields of 7.89% and 8.18% based on current prices. The net earnings per share are estimated at €1.79 in 2025 and €1.86 in 2026, with price-to-earnings ratios of 9.51 and 9.15 respectively.
Technical Outlook
From a technical standpoint, the stock is now trading at €17.54, very close to its resistance level at €17.56. The price is positioned above its 50-day moving average set at €17.24 and slightly above its 200-day moving average at €17.38. The stock is also in the upper part of its Bollinger Bands, which range between €16.57 and €17.63. The RSI indicator shows a value of 43, placing the stock in a neutral zone, away from overbought or oversold thresholds. The MACD presents a slightly positive signal with a MACD line at 0.00, a signal line at -0.01, and a histogram at 0.01. The support level is at €16.64, providing a cushion in case of a correction. The CMF indicator is at 0.10, while the OBV reaches 120,902, both metrics providing insights into capital flows.
