Ingenia Communities Group (INGEF)
Ingenia Communities Group operates in the REIT - Residential industry of the Real Estate sector, headquartered in Sydney, NSW, AU. The stock last traded at $3.11, up 13.50% on the session, giving a market capitalisation of $1.27B. On trailing twelve-month figures it carries a trailing P/E of 12.53, a net margin of 26.4%. Its beta of 0.97 implies it has historically moved less than the broad market.
Ingenia Communities Group, identified by the stock symbol INGEF and traded as INA on the Australian Securities Exchange, is a distinguished S&P/ASX 200 listed entity. The company positively impacts the daily lives of over 10,850 residents. Ingenia's unwavering commitment to all its stakeholders involves operating with integrity, nurturing respect for everyone, and strengthening communities through continuous improvement in all its endeavors. Beyond its core portfolio of 99 wholly-owned communities, Ingenia's assets also include five new greenfield lifestyle community developments held via a joint venture with Sun Communities, Inc (NYSE: SUI), alongside an additional six established communities managed through the Group's various funds. In addition to its ownership stakes in these joint ventures and funds, Ingenia earns service fees for the support it provides to these entities. The Group is sustained by a robust base of over 4,000 investors and a dedicated team of more than 1,200 employees, all focused on cultivating exceptional communities for its residents and guests.
Ingenia Communities Group is most often compared with the following Real Estate names: