LTE

Lighthouse Properties (JSE: LTE)

Last traded
R8.19+R0.04 (+0.49%)In buy zone
Open
R8.21
Prev Close
R8.15
Day High
R8.21
Day Low
R8.12

Key statistics

Key statistics for Lighthouse Properties PLC (LTE)
Market capR17.3B
P/E8.2
EPSN/A
Div yield0.51%
52W highR8.56
52W lowR7.21
Volume302K
ListedN/A

Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 17 live member stances recorded by registered members on this page.

What the community is sayingBearish

Lighthouse Properties PLC (LTE) traded around 8.07 today with a decline, with one investor attributing the move to Eskom's actions, though the stock appeared to be holding its ground despite the red day.

Summarized from 3 posts · updated nightly

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LI
Lindi M.@loadshed_lindi·Bearish

LTE 8.07, down again. Eskom said so.

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MP
Mpho S.@mpho_teaches·Bearish

8.07 now, down a bit today.

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SA
Sakhile N.@uncle_sakhile·Bearish

8.07 now. Red day but holding ground.

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MO
MomentumTracker@momentumtracker_jse·Neutral

LTE at 8.22 rand is trading at a decent discount to NAV based on the last reports. Are the property fundamentals really that weak, or is the market just being too harsh on the sector right now?

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FR
Franco C.@franco_cape·MemberBullish

R12 by Christmas, serious now

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CO
CoachBombay@bombay_coach·MemberBullish

LTE sitting pretty at R7.76, rental yields holding up

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TS
tsquared@tsquared_jse·MemberNeutral

LTE's rental yields are solid compared to the other diversified REITs on the board, and with load-shedding hitting retail hard the industrial side of their book is actually looking decent. at R7.76 the dividend coverage is there if they keep collections tight. property sector's been battered but the long game here is just owning actual assets rather than chasing tech trash.

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BU
BULLHAMMER@bullhammer_sa·MemberBullish

R15 MINIMUM BY YEAR END!! LFG!!

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RA
Rawssy@rawssy_links·Neutral

LTE taking a minor knock at R7.30 but nothing dramatic. Real estate sector still hasn't found its feet properly.

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SW
swordfish@swordfish_sa·Neutral

LTE down 0.65% is noise given the broader property headwinds we're seeing. Dividend yield's still holding around 7-8% if they maintain distribution, but you're betting on stabilisation in that cycle.

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FU
Funani K.@funani_watches_banks·Neutral

LTE creeping up 0.66% today, but I'm wondering if property stocks are finally getting the respect they deserve or is this just a blip? Anyone else holding these or waiting for a bigger move?

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SI
Siphamandla N.@siphamandla_sa_bull·Bullish

LTE taking a breather today but the property recovery narrative remains intact. At current levels, you're getting exposure to a JSE real estate play with meaningful dividend potential as interest rates stabilize, and the structural demand for quality logistics and commercial spac

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YO
Yolanda M.@yolanda_quality_first·Neutral

LTE's valuation at current levels seems reasonable given the quality of their property portfolio and defensive characteristics, but I'm curious whether management can sustain distribution growth without compromising balance sheet strength as interest rates remain elevated. Are th

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NK
Nkosinathi G.@nkosinathi_africa_bull·Bullish

LTE trading flat at R748 today while the broader property sector wrestles with interest rate pressures, but this one's got better fundamentals than some peers. Diversified pan-African exposure across residential and commercial portfolios gives it an edge over the single-country p

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BR
Brenda W.@jse_income_seeker·Neutral

LTE creeping up 0.80% today, which is the kind of steady appreciation I prefer at this stage of my life rather than the volatile swings you get in growth stocks, though I'd need to see the latest dividend cover and NAV metrics before adding to my position.

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DE
Deon A.@deon_construction_bull·Neutral

LTE up big but Real Estate sector lagging. Divergence worth paying attention to at R754.00.

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PA
Palesa N.@palesa_insurance_queen·Bearish

LTE's modest 1.20% uptick to R759 reflects the sector's broader malaise, but it's worth noting that property stocks trading below NAV face structural headwinds that insurance embedded value analysis reveals quite starkly. Unlike Resilient or Redefine, which maintain distribution

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MA
Malebo R.@malebo_first_job·Bullish

Just threw R1500 at LTE today since it's up 1.20% and real estate seems like a lekker long-term play for a first-timer like me.

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ZU
Zuri N.@zuri_jse_newbie·Bullish

LTE up 1.31% today, that's lekker! Is this a good time to jump in or should I wait a bit longer?

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FU
Funani K.@funani_watches_banks·Bullish

Picked up more LTE at 766 rand today even though it dropped a bit, reckon property stocks always bounce back when interest rates settle down.

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