ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI HARGA SAHAM PADA PERUSAHAAN PROPERTY AND REAL ESTATE DI BURSA EFEK INDONESIA (BEI)

Abstract

This research aimed to examine and analyze the effect of Return On Asset (ROA), Return On Equity (ROE), Earning Per Share (EPS) and Debt to Equity Ratio (DER) on stock price of Property and Real Estate companies which were listed on Idonesia Stock Exchange (IDX), through companies annual financial statements.The population was Property and Real Estate companies which were listed on Indonesia Stock Exchange during 2015-2019. Moreover, the data collection technique used purposive sampling. In line with, there were 8 companies from 50 Property and Real Estate companies as the sample. Furthermore, the data analysis technique used multiple linear regression with SPSS 22. According to F-test, it showed that the variables were properly used. Meanwhile, based on hypothesis tests (t-test) concluded that Return On Asset had a negative and insignificant effect on stock price. Likewise, Debt to Equity had a negative and insignificant effect on stock price. On the other hand, Return On Equity had a positive but insignificant effect on stock price. In contrast, Earning Per Share had a positive and significant effect on stock price.
Keywords: stock price, roa, roe, der, eps