GGP Inc (GGP) EPS Estimated At $0.37

October 13, 2017 - By Nellie Frank

 GGP Inc (GGP) EPS Estimated At $0.37
Investors sentiment increased to 0.6 in 2017 Q2. Its up 0.58, from 0.02 in 2017Q1. It is positive, as 5 investors sold GGP Inc shares while 0 reduced holdings. 1 funds opened positions while 2 raised stakes. 311,251 shares or 87.26% less from 2.44 million shares in 2017Q1 were reported.
Gulf Retail Bank (Uk) Ltd accumulated 194,434 shares. Cibc World Mkts reported 82,317 shares. Barr E S owns 34,500 shares for 0.09% of their portfolio.

Analysts expect GGP Inc (NYSE:GGP) to report $0.37 EPS on October, 30.They anticipate $0.02 EPS change or 5.71 % from last quarter’s $0.35 EPS. GGP’s profit would be $325.69 million giving it 14.50 P/E if the $0.37 EPS is correct. After having $0.40 EPS previously, GGP Inc’s analysts see -7.50 % EPS growth. It closed at $21.46 lastly. It is up 11.69% since October 13, 2016 and is downtrending. It has underperformed by 28.39% the S&P500.

GGP Inc (NYSE:GGP) Ratings Coverage

Among 19 analysts covering General Growth Properties (NYSE:GGP), 11 have Buy rating, 1 Sell and 7 Hold. Therefore 58% are positive. General Growth Properties had 40 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, August 14 by Citigroup. The firm earned “Sell” rating on Tuesday, June 20 by Goldman Sachs. The stock of GGP Inc (NYSE:GGP) earned “Outperform” rating by BMO Capital Markets on Friday, September 25. As per Monday, May 8, the company rating was maintained by RBC Capital Markets. The rating was maintained by Deutsche Bank on Monday, July 18 with “Buy”. Deutsche Bank downgraded it to “Hold” rating and $27 target in Monday, January 9 report. The rating was downgraded by Evercore to “Hold” on Monday, November 16. Stifel Nicolaus maintained GGP Inc (NYSE:GGP) rating on Sunday, September 24. Stifel Nicolaus has “Buy” rating and $25.0 target. The firm has “Equalweight” rating given on Tuesday, July 19 by Barclays Capital. J.P. Morgan upgraded GGP Inc (NYSE:GGP) on Tuesday, September 26 to “Buy” rating.

GGP Inc. , formerly General Growth Properties, Inc., is a self-administered and self-managed real estate investment trust (REIT). The company has market cap of $18.89 billion. The Firm operates as a holding company, which is engaged in the operation, development and management of retail and other rental properties, primarily regional malls. It has a 18.14 P/E ratio. As of December 31, 2016, the Company owned, either entirely or with joint venture partners, 127 retail properties located throughout the United States comprising approximately 125 million square feet of gross leasable area (GLA).

More recent GGP Inc (NYSE:GGP) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Mid-America Apartment Communities, GGP and City Holding” on October 10, 2017. Also Nasdaq.com published the news titled: “GGP Inc. (GGP) Ex-Dividend Date Scheduled for October 12, 2017” on October 11, 2017. Seekingalpha.com‘s news article titled: “GGP chief financial officer retiring in March” with publication date: September 21, 2017 was also an interesting one.

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