Kojamo stock holds steady as Q2 2026 earnings highlight resilient rental demand

Kojamo Oyj (FI4000292438) stock is trading steadily in late August 2026, with the most recent close for its Lumo Kodit Oyj listing at EUR 7.870 on August 21, 2026 and the shares down 22.54% since the start of 2026 according to market data.

The latest figures from the second quarter and first half of 2026, discussed in the Q2 2026 earnings call held on August 13, 2026, show that Kojamo is continuing to navigate a challenging Finnish residential property market while maintaining occupancy and cash flow strength.

For investors, the key narrative now is how rental income and cost discipline can offset softer property valuations and higher financing costs over the coming quarters.

Q2 2026 numbers frame a cautious recovery

Per the earnings coverage for Kojamo Oyj's second quarter and six months ended June 30, 2026, the company reported revenue and profit figures that illustrate a mixed picture, with rental income proving resilient even as asset values remain under pressure. The Kojamo Q2 2026 earnings coverage notes that the reporting period is the quarter and half-year ended June 30, 2026.

In that second quarter of 2026, Kojamo's revenue from its Lumo-branded rental portfolio increased compared with the prior-year quarter, reflecting stable demand in urban Finnish markets; at the same time, net profit was constrained by higher interest expenses and the impact of property valuation changes relative to the prior year.

Across the first six months of 2026, the company recorded total rental income that was higher than in the first half of 2025, while operating profit remained below the prior-year level, underscoring the tension between solid occupancy and a tougher financing and valuation environment.

Share price performance and valuation context

Market data for Lumo Kodit Oyj, the listing tied to Kojamo, show the shares closing at EUR 7.870 on August 21, 2026 on Cboe Europe, unchanged on the day and down 1.13% over the past five trading days and 22.54% since January 1, 2026. The Lumo Kodit Oyj share quote and performance highlight this recent trading history and confirm the latest closing price.

The same market overview points to a last recorded closing level of EUR 8.105 earlier in the period, indicating that the current EUR 7.870 quote is below that more recent high and reflecting a modest pullback relative to the earlier closing peak. The Lumo Kodit Oyj price history and chart overview show the current quote at EUR 7.870 with a 1.13% decline over the last five days and a 22.54% drop year-to-date.

This year-to-date decline means that Kojamo's shares now trade well below the levels seen at the start of 2026, which can be interpreted as the market pricing in persistent headwinds from interest rates and property valuations despite the underlying rental demand stability described in the latest half-year report.

Rental platform Lumo remains Kojamo's core product

Kojamo's core offering to tenants is the Lumo rental housing platform, which focuses on modern apartments in Finnish growth centers under long-term leases, providing flexible rental options, digital services for tenants, and a wide portfolio of properties aimed at urban professionals and families.

Kojamo stock price snapshot and investor angle

As of August 21, 2026, the latest available closing price for Kojamo's Lumo Kodit Oyj shares on Cboe Europe was EUR 7.870, with the year-to-date performance showing a 22.54% decline, a five-day change of negative 1.13%, and the price trading below the earlier closing level of EUR 8.105, underscoring how valuation concerns continue to weigh on the stock even as rental operations remain fundamentally sound.

Fact box

Company: Kojamo Oyj

ISIN: FI4000292438

Ticker: 0A0E (Cboe Europe listing for Lumo Kodit Oyj)

Exchange: Cboe Europe (secondary market listing linked to Kojamo)

Price (as of August 21, 2026, 5:25 p.m. local market time): EUR 7.870

Market cap: value aligned with EUR 7.870 share price and Kojamo's outstanding share count as of late August 2026

Sector / Industry: Real estate - residential rental properties

Index membership: Finnish real estate sector benchmarks and relevant local indices