Covivio Shares Reach a Two-Year High After Solid Annual Results
Covivio saw a significant rise this Thursday, driven by the announcement of its 2025 annual results the previous day. The stock has climbed over 6% and reached a new two-year peak, approaching the 59.85 euros mark. This surge follows a strong improvement in profitability indicators for the real estate group.
The real estate company Covivio unveiled its annual accounts for the fiscal year 2025 on Wednesday evening, showing a sharp acceleration in profitability. The recurring net income stood at 526.5 million euros, up 10% year-on-year, while per share, it reached 4.75 euros, representing a 6.4% increase. The revalued net asset also grew by 3.9%, reaching 82.9 euros per share, a level that suggests a significant discount compared to the current stock price of 59.15 euros.
This Thursday, the stock broke its two-year record, momentarily surpassing the previous peak of 59.85 euros recorded on August 12, 2025. Over the past year, the stock performance has exceeded 17%. The next key event for shareholders will be the publication of the first quarter 2026 revenue, scheduled for March 15, followed by the annual general meeting on April 16.
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Today's session is particularly significant from a technical standpoint. Covivio's stock price is now touching the resistance threshold at 59.35 euros, a level that had been a technical ceiling for several months. Breaking through this zone, combined with a surge of over 6% in a single session, reflects a strong buying momentum. The stock is significantly above its 50-day and 200-day moving averages, positioned at 54.49 and 54.68 euros respectively, reinforcing the medium-term bullish trend.
The RSI, an indicator measuring the speed and magnitude of price movements, stands at 66, indicating strong buying momentum without signaling an overbought zone. Meanwhile, the stock price has clearly broken through the upper Bollinger band set at 56 euros, highlighting the magnitude of this Thursday's bullish movement. The monthly volatility remains contained at 5.39%, placing this surge in a relatively stable market context for the stock. Over the past seven days, the stock has accumulated a gain of nearly 8%.
Covivio confirme son objectif de résultat net récurrent (EPRA Earnings ajusté) par action 2026, en hausse d'environ +4 %
Risks mentioned
Hausse des taux d'intérêt impactant le coût du financement
Incertitudes politiques affectant les marchés d'investissement immobilier
Liquidité limitée sur les marchés de l'investissement immobilier
Opportunities identified
Accélération de la croissance des revenus à périmètre constant à +2,7 %
Pipeline de redéveloppement hôtelier de 12 projets représentant 138 M€ de capex avec rendement moyen attendu de 13 %
Signature de contrats de gestion hôteliers avec Generator et IHG pour transformations bureaux-hôtels
Outlook / guidance
Management commentary: Covivio continues to confirm its 2026 guidance of around 4% growth in recurring net result (adjusted EPRA Earnings) per share.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.