What is Necessity Retail REIT's stock price target for 2024?

0 equities research analysts have issued 12-month price objectives for Necessity Retail REIT's stock. Their RTL share price targets range from $8.00 to $8.00. On average, they expect the company's share price to reach $8.00 in the next year. This suggests a possible upside of 5.1% from the stock's current price. View analysts price targets for RTL or view top-rated stocks among Wall Street analysts .

How were Necessity Retail REIT's earnings last quarter?

The Necessity Retail REIT, Inc. (NASDAQ:RTL) issued its quarterly earnings data on Tuesday, August, 3rd. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.31. Necessity Retail REIT had a negative net margin of 30.43% and a negative trailing twelve-month return on equity of 8.87%.

How often does Necessity Retail REIT pay dividends? What is the dividend yield for Necessity Retail REIT?

Necessity Retail REIT announced a quarterly dividend on Monday, July 3rd. Investors of record on Thursday, July 13th will be paid a dividend of $0.213 per share on Monday, July 17th. This represents a $0.85 dividend on an annualized basis and a dividend yield of 11.20%. The ex-dividend date is Wednesday, July 12th. This is a boost from the stock's previous quarterly dividend of $0.21. Read our dividend analysis for RTL .

Is Necessity Retail REIT a good dividend stock?

Necessity Retail REIT (NASDAQ:RTL) pays an annual dividend of $0.85 per share and currently has a dividend yield of 11.17%. RTL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for RTL .

What ETF holds Necessity Retail REIT's stock?

Arrow Dow Jones Global Yield ETF holds 22,406 shares of RTL stock, representing 0.74% of its portfolio.

NASDAQ:RTL

Necessity Retail REIT (RTL) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

Compare

Today's Range: $7.61
▼
$7.61
50-Day Range: $6.81
▼
$7.61
52-Week Range: $4.45
▼
$7.66

Volume: N/A
Average Volume: 983,361 shs
Market Capitalization: $1.02 billion

P/E Ratio: N/A
Dividend Yield: 11.17%
Price Target: $8.00

Stock Analysis

Get Necessity Retail REIT alerts:

Necessity Retail REIT MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 5.1% Upside
$8.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 10.26%
From $0.78 to $0.86 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.07 out of 5 stars

Real Estate Sector

10th out of 10 stocks

REIT - Diversified Industry

1st out of 1 stocks

0.0

Analyst's Opinion

Amount of Analyst Coverage
Necessity Retail REIT has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RTL.

1.7

Dividend Strength

Dividend Leadership
Necessity Retail REIT is a leading dividend payer. It pays a dividend yield of 11.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Necessity Retail REIT has only been increasing its dividend for 2 years.
Dividend Sustainability
Based on EPS estimates, Necessity Retail REIT will have a dividend payout ratio of 98.84% in the coming year. This indicates that Necessity Retail REIT may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RTL.

0.6

News and Social Media Coverage

MarketBeat Follows
1 people have added Necessity Retail REIT to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Necessity Retail REIT insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.37% of the stock of Necessity Retail REIT is held by insiders.
Percentage Held by Institutions
59.15% of the stock of Necessity Retail REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Necessity Retail REIT are expected to grow by 10.26% in the coming year, from $0.78 to $0.86 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Necessity Retail REIT is -6.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Necessity Retail REIT is -6.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Necessity Retail REIT has a PEG Ratio of 2.38. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Necessity Retail REIT has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Necessity Retail REIT Stock (NASDAQ:RTL)

The Necessity Retail REIT (Nasdaq: RTL) is the preeminent publicly traded real estate investment trust (REIT) focused on "Where America Shops". RTL acquires and manages a diversified portfolio of primarily necessity-based retail single-tenant and open-air shopping center properties in the U.S.

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RTL Stock News Headlines

March 1, 2024 | seekingalpha.com

Global Net Lease Inc. (GNL) Q4 2023 Earnings Call Transcript

February 28, 2024 | finanznachrichten.de

Global Net Lease, Inc.: Global Net Lease Reports Fourth Quarter 2023 Results

April 17, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

December 28, 2023 | incomeinvestors.com

Top 5 REITs for Income Investors in 2024

September 9, 2023 | msn.com

Global Net Lease shareholders approve Necessity Retail acquisition

September 6, 2023 | msn.com

Orange Capital to vote for Global Net Lease's merger with Necessity Retail

August 31, 2023 | finance.yahoo.com

THE NECESSITY RETAIL REIT ANNOUNCES $260 MILLION CMBS FINANCING

August 28, 2023 | finance.yahoo.com

Global Net Lease and Necessity Retail REIT Release Presentation Detailing Benefits of Merger

April 17, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

August 16, 2023 | msn.com

Necessity Retail price target upped at B. Riley amid pending Global Net lease deal

August 3, 2023 | markets.businessinsider.com

The Necessity Retail REIT (RTL) Gets a Buy from Colliers Securities

August 3, 2023 | finance.yahoo.com

THE NECESSITY RETAIL REIT ANNOUNCES SECOND QUARTER 2023 RESULTS

July 20, 2023 | finance.yahoo.com

Orange Capital Outlines Strong-arm Tactics Deployed by Global Net Lease, Inc. Board Regarding the Proposed Merger with Necessity Retail REIT

July 18, 2023 | seekingalpha.com

Necessity Retail REIT: Should You Get Out Of The Commons Before Merger With Global Net Lease?

July 13, 2023 | finance.yahoo.com

THE NECESSITY RETAIL REIT ANNOUNCES RELEASE DATE FOR SECOND QUARTER 2023 RESULTS

July 9, 2023 | seekingalpha.com

The Necessity Retail REIT: Imminent Game-Changing Merger

July 5, 2023 | finance.yahoo.com

The Necessity Retail REIT Completes $93 Million Bob Evans Disposition

June 29, 2023 | finance.yahoo.com

The Necessity Retail REIT Announces 2023 Annual Shareholder Meeting Preliminary Results

June 23, 2023 | msn.com

Necessity Retail gets no 'superior offer' in 'go-shop' period, paving way for GNL deal

June 8, 2023 | seekingalpha.com

Global Net Lease And Necessity Retail REIT Merger: The Real Winner Is GNL Preferred Stock

June 5, 2023 | finance.yahoo.com

Global Net Lease, The Necessity Retail REIT and AR Global Enter into Cooperation Agreement with Blackwells Capital

May 31, 2023 | businesswire.com

THE NECESSITY RETAIL REIT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The ...

May 25, 2023 | markets.businessinsider.com

Global Net Lease Acquires Necessity Retail REIT: What Should Investors Do?

May 24, 2023 | reuters.com

Global Net Lease to buy Necessity Retail in $950 mln all-stock deal

May 24, 2023 | finance.yahoo.com

Global Net Lease and The Necessity Retail REIT to Merge, Creating Sector-Leading Diversified Net Lease REIT

May 24, 2023 | finance.yahoo.com

GLOBAL NET LEASE TO HOST WEBCAST AND CONFERENCE CALL TO DISCUSS INTERNALIZATION AND PENDING MERGER WITH THE NECESSITY RETAIL REIT

May 24, 2023 | finance.yahoo.com

THE NECESSITY RETAIL REIT TO HOST WEBCAST AND CONFERENCE CALL TO DISCUSS PENDING MERGER WITH GLOBAL NET LEASE

See More Headlines

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Company Calendar

Last Earnings: 8/03/2021
Today: 4/17/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Real Estate
Industry: REIT - Diversified
Sub-Industry: N/A
Current Symbol: NASDAQ:RTL
CUSIP: N/A
CIK: 1568162
Web: www.americanfinancetrust.com
Phone: (212) 415-6500
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.00
High Stock Price Target: $8.00
Low Stock Price Target: $8.00
Potential Upside/Downside: +5.1%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.22)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 9.76
P/E Growth: 2.38
Net Income: $-82,510,000.00
Net Margins: -30.43%
Pretax Margin: -30.47%
Return on Equity: -8.87%
Return on Assets: -3.07%

Debt

Debt-to-Equity Ratio: 0.75
Current Ratio: 0.09
Quick Ratio: 0.09

Sales & Book Value

Annual Sales: $454.86 million
Price / Sales: 2.25
Cash Flow: $0.93 per share
Price / Cash Flow: 8.14
Book Value: $10.91 per share
Price / Book: 0.70

Miscellaneous

Outstanding Shares: 134,191,000
Free Float: 133,694,000
Market Cap: $1.02 billion
Optionable: Not Optionable
Beta: 1.37

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Key Executives

Mr. Edward Michael Weil Jr. (Age 56)
Chairman, Pres & CEO
Mr. Jason F. Doyle (Age 49)
CFO, Treasurer & Sec.
Comp: $472.04k
Mr. Ori Kravel
Sr. VP of Corp. Devel.
Mr. Jason Slear
Exec. VP of Real Estate Acquisitions & Dispositions
Mr. Boris Korotkin (Age 52)
Sr. VP of Capital Markets & Corp. Strategy

Key Competitors

View All Competitors

RTL Stock Analysis - Frequently Asked Questions

What is Necessity Retail REIT's stock price target for 2024?: 0 equities research analysts have issued 12-month price objectives for Necessity Retail REIT's stock. Their RTL share price targets range from $8.00 to $8.00. On average, they expect the company's share price to reach $8.00 in the next year. This suggests a possible upside of 5.1% from the stock's current price.
View analysts price targets for RTL or view top-rated stocks among Wall Street analysts.
How were Necessity Retail REIT's earnings last quarter?: The Necessity Retail REIT, Inc. (NASDAQ:RTL) issued its quarterly earnings data on Tuesday, August, 3rd. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.31. Necessity Retail REIT had a negative net margin of 30.43% and a negative trailing twelve-month return on equity of 8.87%.
How often does Necessity Retail REIT pay dividends? What is the dividend yield for Necessity Retail REIT?: Necessity Retail REIT announced a quarterly dividend on Monday, July 3rd. Investors of record on Thursday, July 13th will be paid a dividend of $0.213 per share on Monday, July 17th. This represents a $0.85 dividend on an annualized basis and a dividend yield of 11.20%. The ex-dividend date is Wednesday, July 12th. This is a boost from the stock's previous quarterly dividend of $0.21.
Read our dividend analysis for RTL.

Is Necessity Retail REIT a good dividend stock?: Necessity Retail REIT (NASDAQ:RTL) pays an annual dividend of $0.85 per share and currently has a dividend yield of 11.17%. RTL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for RTL.
What ETF holds Necessity Retail REIT's stock?: Arrow Dow Jones Global Yield ETF holds 22,406 shares of RTL stock, representing 0.74% of its portfolio.

This page (NASDAQ:RTL) was last updated on 4/17/2024 by MarketBeat.com Staff

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Necessity Retail REIT (RTL) Stock Price, News & Analysis

Necessity Retail REIT MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Necessity Retail REIT Stock (NASDAQ:RTL)

RTL Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

RTL Stock Analysis - Frequently Asked Questions

Overall MarketRank^™