RAIT Financial Trust Company Profile (NYSE:RAS)

About RAIT Financial Trust

RAIT Financial Trust logoRAIT Financial Trust (RAIT) is a self-managed and self-advised real estate investment trust (REIT). RAIT uses its vertically integrated platform and relationships to originate commercial real estate loans, acquire commercial real estate properties and invest in, manage and service commercial real estate assets. The Company's segments are real estate lending, owning and managing segment, Independence Realty Trust, Inc. (IRT) segment and Taberna Securitization segment. The Company's real estate lending, owning and managing segment concentrates on lending, owning and managing commercial real estate assets throughout the United States. The Company's IRT segment concentrates on the ownership of apartment properties in opportunistic markets throughout the United States. The Company's Taberna Securitization segment includes the ownership and management of approximately three real estate trust preferred securitizations.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: Diversified REITs
  • Exchange: NYSE
  • Symbol: RAS
  • CUSIP: 74922760
Key Metrics:
  • Previous Close: $3.56
  • 50 Day Moving Average: $3.66
  • 200 Day Moving Average: $3.24
  • 52-Week Range: $2.23 - $3.91
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -15.48
  • P/E Growth: 15.71
  • Market Cap: $328.15M
  • Outstanding Shares: 92,177,000
  • Beta: 1.65
Profitability:
  • Net Margins: 11.18%
  • Return on Equity: 9.61%
  • Return on Assets: 1.66%
Debt:
  • Debt-to-Equity Ratio: 2.79%
  • Current Ratio: 10.07%
  • Quick Ratio: 10.07%
Additional Links:
Companies Related to RAIT Financial Trust:

Analyst Ratings

Consensus Ratings for RAIT Financial Trust (NYSE:RAS) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $3.43 (3.79% downside)

Analysts' Ratings History for RAIT Financial Trust (NYSE:RAS)
Show:
DateFirmActionRatingPrice TargetDetails
11/21/2016JMP SecuritiesReiterated RatingHoldView Rating Details
3/23/2016Deutsche Bank AGReiterated RatingBuy$3.60View Rating Details
2/27/2016FBR & CoReiterated RatingBuyView Rating Details
12/14/2015Keefe, Bruyette & WoodsLower Price TargetMarket Perform$2.50View Rating Details
12/10/2015Compass PointDowngradeBuy -> Neutral$3.50View Rating Details
8/3/2015Stifel NicolausLower Price TargetMarket Perform$7.00 -> $6.25View Rating Details
8/3/2015Ladenburg Thalmann Financial ServicesUpgradeNeutral -> Buy$6.25View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for RAIT Financial Trust (NYSE:RAS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/24/2017Q416$0.58$20.66 millionN/AView Earnings Details
11/3/2016Q316$0.12$0.12$22.16 millionViewN/AView Earnings Details
8/5/2016Q216$0.13($0.08)$25.55 million$85.07 millionViewN/AView Earnings Details
5/9/2016Q116$0.13$0.14$25.73 million$89.50 millionViewN/AView Earnings Details
2/25/2016Q415$0.22$0.19$25.31 million$26.61 millionViewListenView Earnings Details
11/5/2015Q315$0.25($0.05)$24.21 million$75.00 millionViewN/AView Earnings Details
7/30/2015Q215$0.30$0.15$25.12 million$79.40 millionViewListenView Earnings Details
4/30/2015Q115$0.24$0.19$27.20 million$75.90 millionViewN/AView Earnings Details
2/24/2015Q414$0.27$0.26$32.17 million$73.86 millionViewN/AView Earnings Details
10/30/2014Q314$0.16($0.17)$35.80 million$75.30 millionViewN/AView Earnings Details
7/31/2014Q2$0.28$0.24$34.91 million$73.26 millionViewListenView Earnings Details
5/7/2014Q1$0.34$0.29$37.28 million$67.31 millionViewListenView Earnings Details
2/20/2014Q413$0.36$0.34$31.87 million$67.61 millionViewN/AView Earnings Details
10/31/2013Q313$0.33$52.20 million$62.40 millionViewListenView Earnings Details
8/1/2013Q213$0.36$0.32$34.08 million$58.60 millionViewListenView Earnings Details
5/2/2013Q113$0.34$0.31$32.02 million$58.30 millionViewListenView Earnings Details
2/13/2013Q412$0.30$0.33ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for RAIT Financial Trust (NYSE:RAS)
Current Year EPS Consensus Estimate: $-0.03 EPS
Next Year EPS Consensus Estimate: $-0.23 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.14$0.19$0.17
Q2 20162$0.18$0.19$0.19
Q3 20161$0.18$0.18$0.18
Q4 20162$0.17$0.20$0.19
Q1 20172$0.12$0.17$0.15
Q2 20172$0.12$0.16$0.14
Q3 20172$0.12$0.15$0.14
Q4 20172$0.12$0.15$0.14
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for RAIT Financial Trust (NYSE:RAS)
Annual Dividend:$0.36
Dividend Yield:10.11%
Dividend Growth:-10.40% (3 Year Average)
Payout Ratio:-138.46% (Based on Trailing 12 Months of Earnings)
-1,200.00% (Based on Current Year Consensus EPS Estimate)
-156.52% (Based on Next Year Consensus EPS Estimate)

Dividend History for RAIT Financial Trust (NYSE:RAS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/16/2016quarterly$0.0910.94%1/6/20171/10/20171/31/2017
9/19/2016quarterly$0.0910/5/201610/7/201610/31/2016
6/15/2016quarterly$0.097/6/20167/8/20167/29/2016
3/14/2016quarterly$0.094/6/20164/8/20164/29/2016
12/8/2015quarterly$0.091/6/20161/8/20161/29/2016
9/17/2015quarterly$0.1810/7/201510/9/201510/30/2015
6/22/2015quarterly$0.1811.11%7/8/20157/10/20157/31/2015
3/17/2015quarterly$0.1810.39%4/8/20154/10/20154/30/2015
12/18/2014quarterly$0.189.2%1/7/20151/9/20151/30/2015
9/16/2014quarterly$0.189.14%10/3/201410/7/201410/31/2014
6/13/2014quarterly$0.188.88%7/9/20147/11/20147/31/2014
3/19/2014quarterly$0.178.19%4/2/20144/4/20144/30/2014
12/12/2013quarterly$0.167.51%1/3/20141/7/20141/31/2014
9/11/2013quarterly$0.158.58%10/1/201310/3/201310/31/2013
6/20/2013quarterly$0.136.93%7/10/20137/12/20137/31/2013
3/18/2013quarterly$0.126.2%4/1/20134/3/20134/30/2013
12/12/2012quarterly$0.107.09%1/14/20131/16/20131/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for RAIT Financial Trust (NYSE:RAS)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 57.91%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/8/2016S. Wayne FinchDirectorSell2,000$12.11$24,220.00
3/2/2016Scott SchaefferChairmanBuy23,700$2.89$68,493.00View SEC Filing  
12/14/2015Jon SarkisianinsiderBuy8,000$2.48$19,840.00View SEC Filing  
12/11/2015Frank FarnesiInsiderBuy9,440$2.66$25,110.40View SEC Filing  
12/11/2015Scott L.N. DavidsonPresidentBuy1,500$2.68$4,020.00View SEC Filing  
12/11/2015Scott SchaefferChairmanSell26,815$2.56$68,646.40View SEC Filing  
6/4/2015James J SebraCFOBuy2,500$6.43$16,075.00View SEC Filing  
6/3/2015Scott L.N. DavidsonPresidentBuy2,900$6.46$18,734.00View SEC Filing  
6/3/2015Scott SchaefferChairmanBuy15,000$6.44$96,600.00View SEC Filing  
12/12/2014Ken FrappierEVPSell68,310$7.51$513,008.10View SEC Filing  
1/21/2014S. Wayne FinchDirectorBuy50,000$11.05$552,500.00View SEC Filing  
5/31/2013Raphael LichtCOOBuy1,292$7.75$10,013.00View SEC Filing  
3/12/2013Andrew BatinovichInsiderBuy10,000$7.19$71,900.00View SEC Filing  
11/7/2012Raphael LichtCOOBuy1,500$5.44$8,160.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for RAIT Financial Trust (NYSE:RAS)
DateHeadline
4-traders.com logoRAIT Financial Trust : Names Paul W. Kopsky, Jr. as Chief Financial Officer and Treasurer (NYSE:RAS)
www.4-traders.com - February 23 at 12:37 AM
us.rd.yahoo.com logo4:16 pm RAIT Financial Trust appoints Paul W. Kopsky, Jr. as CFO and Treasurer, succeeding James J. Sebra effective February 27 (NYSE:RAS)
us.rd.yahoo.com - February 23 at 12:37 AM
businesswire.com logoRAIT Financial Trust Agrees to Sublease Its New York City Office Space - Business Wire (press release) (NYSE:RAS)
www.businesswire.com - February 22 at 9:30 AM
finance.yahoo.com logoRAIT Financial Trust Agrees to Sublease Its New York City Office Space (NYSE:RAS)
finance.yahoo.com - February 22 at 9:30 AM
finance.yahoo.com logoRAIT Financial Trust Names Paul W. Kopsky, Jr. as Chief Financial Officer and Treasurer (NYSE:RAS)
finance.yahoo.com - February 21 at 5:25 PM
biz.yahoo.com logoRAIT FINANCIAL TRUST Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financi (NYSE:RAS)
biz.yahoo.com - February 21 at 5:25 PM
News IconStock Levels in Review for RAIT Financial Trust (RAS) - Benton Bulletin (NYSE:RAS)
bentonbulletin.com - February 18 at 8:15 AM
4-traders.com logoRAIT FINANCIAL TRUST : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K) (NYSE:RAS)
www.4-traders.com - February 16 at 7:07 PM
seekingalpha.com logoRAIT Financial Trust (RAS) (NYSE:RAS)
seekingalpha.com - February 16 at 7:07 PM
finance.yahoo.com logoRAIT Financial Trust Appoints Thomas D. Wren to its Board of Trustees (NYSE:RAS)
finance.yahoo.com - February 16 at 7:07 PM
biz.yahoo.com logoRAIT FINANCIAL TRUST Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NYSE:RAS)
biz.yahoo.com - February 16 at 7:07 PM
finance.yahoo.com logoRAIT Financial Trust Declares First Quarter 2017 Preferred Dividends (NYSE:RAS)
finance.yahoo.com - February 16 at 7:07 PM
News IconRAIT Financial Trust (RAS) Stock Moves Down and Here's Why - The Ledger Gazette (NYSE:RAS)
ledgergazette.com - February 15 at 6:05 AM
finance.yahoo.com logoRAIT Financial Trust Schedules Fourth Quarter and Fiscal 2016 Financial Results Release Date and Conference Call (NYSE:RAS)
finance.yahoo.com - February 14 at 4:43 AM
4-traders.com logoIndependence Realty Trust : Schedules Fourth Quarter and Fiscal 2016 Financial Results Release Date and Conference Call (NYSE:RAS)
www.4-traders.com - January 30 at 8:07 PM
News IconTrading Focus: Eye on Shares of RAIT Financial Trust (RAS) - Rives Journal (NYSE:RAS)
rivesjournal.com - January 29 at 8:33 AM
News IconEarnings in Full Force, Analysts Take Aim at RAIT Financial Trust (NYSE:RAS) - Wall Street Beacon (NYSE:RAS)
wsbeacon.com - January 28 at 6:04 AM
News IconStock Continues Its Ascent, Reaching New High: RAIT Financial Trust (NYSE:RAS) - Wall Street Beacon (NYSE:RAS)
wsbeacon.com - January 28 at 6:04 AM
finance.yahoo.com logoRAIT Financial Trust Announces Tax Treatment of Dividends in 2016 - Yahoo Finance (NYSE:RAS)
finance.yahoo.com - January 26 at 2:33 AM
News IconIndicator Review on Shares of RAIT Financial Trust (RAS) - Sherwood Daily (NYSE:RAS)
sherwooddaily.com - January 22 at 7:12 PM
News IconWill The Needle Move For RAIT Financial Trust (NYSE:RAS) Shares This Earnings Season? - Wall Street Beacon (NYSE:RAS)
wsbeacon.com - January 21 at 7:13 PM
seekingalpha.com logoRAIT Financial Trust Viewed Through The Eyes Of A Preferred Investor: An Update - Seeking Alpha (NYSE:RAS)
seekingalpha.com - January 21 at 7:13 PM
4-traders.com logoRAIT FINANCIAL TRUST : Change in Directors or Principal Officers (form 8-K) (NYSE:RAS)
www.4-traders.com - January 14 at 5:21 AM
biz.yahoo.com logoRAIT FINANCIAL TRUST Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:RAS)
biz.yahoo.com - January 14 at 5:21 AM
seekingalpha.com logoRAIT Financial unloads four apartment buildings - Seeking Alpha (NYSE:RAS)
seekingalpha.com - January 10 at 9:03 PM
businesswire.com logoRAIT Financial Trust Sells Four Apartment Properties for $109.2 million - Business Wire (press release) (NYSE:RAS)
www.businesswire.com - January 10 at 9:03 PM
finance.yahoo.com logoRAIT Financial Trust Sells Four Apartment Properties for $109.2 million (NYSE:RAS)
finance.yahoo.com - January 10 at 9:03 PM
feeds.reuters.com logoBRIEF-RAIT Financial Trust sells four apartment properties for $109.2 mln (NYSE:RAS)
feeds.reuters.com - January 10 at 5:51 PM
barrons.com logo[$$] Highland Capital Takes the Measure of RAIT Financial Trust (NYSE:RAS)
www.barrons.com - January 7 at 1:16 AM
seekingalpha.com logoIndependence Realty Trust: Bold And Profitable (NYSE:RAS)
seekingalpha.com - January 5 at 2:13 AM
biz.yahoo.com logoRAIT FINANCIAL TRUST Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial O (NYSE:RAS)
biz.yahoo.com - January 4 at 12:15 AM
News IconThe RAIT Financial Trust (RAS) Declares Quarterly Dividend of $0.09 (NYSE:RAS)
www.xboxonezone.com - December 21 at 9:04 PM
News Icon(RTN) Position Cut by Navellier & Associates Inc (NYSE:RAS)
www.xboxonezone.com - December 21 at 12:09 AM
News IconIndependence Realty Trust Completes Management Internalization (NYSE:RAS)
ih.advfn.com - December 21 at 12:09 AM
marketexclusive.com logoRAIT Financial Trust (NASDAQ:RAS) Files An 8-K Entry into a Material Definitive Agreement (NYSE:RAS)
marketexclusive.com - December 21 at 12:09 AM
businesswire.com logoRAIT Financial Trust Announces Completion of Independence Realty Trust Internalization Transaction - Business Wire (press release) (NYSE:RAS)
www.businesswire.com - December 20 at 7:08 PM
biz.yahoo.com logoRAIT FINANCIAL TRUST Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Principal (NYSE:RAS)
biz.yahoo.com - December 20 at 7:08 PM
publicnow.com logoRAIT Financial Trust Announces Completion of Independence Realty Trust Internalization Transaction (NYSE:RAS)
www.publicnow.com - December 20 at 7:08 PM
News IconRSI Review on Shares of RAIT Financial Trust (RAS) - Yankee Analysts (NYSE:RAS)
yankeeanalysts.com - December 20 at 2:07 PM
News IconQuick Review on Trend Indicator Levels: RAIT Financial Trust (RAS) - Yankee Analysts (NYSE:RAS)
yankeeanalysts.com - December 20 at 2:07 PM
capitalcube.com logoETFs with exposure to RAIT Financial Trust : December 19, 2016 (NYSE:RAS)
www.capitalcube.com - December 20 at 2:06 PM
News IconIndicator Level Summary for RAIT Financial Trust (RAS) - Yankee Analysts (NYSE:RAS)
yankeeanalysts.com - December 17 at 8:01 PM
businesswire.com logoRAIT Financial Trust Announces Fourth Quarter Cash Dividend on its Common Shares - Business Wire (press release) (NYSE:RAS)
www.businesswire.com - December 17 at 8:01 PM
publicnow.com logoRAIT Financial Trust Announces Fourth Quarter Cash Dividend on its Common Shares (NYSE:RAS)
us.rd.yahoo.com - December 16 at 8:56 PM
News IconNarrowing in on Trading Indicators for RAIT Financial Trust (RAS) - Yankee Analysts (NYSE:RAS)
yankeeanalysts.com - December 14 at 8:27 PM
News IconMarket Rover: Looking at Levels on Shares of RAIT Financial Trust (RAS) - Yankee Analysts (NYSE:RAS)
yankeeanalysts.com - December 13 at 8:33 AM
News IconAverage Directional Index in Review for RAIT Financial Trust (RAS) - Yankee Analysts (NYSE:RAS)
yankeeanalysts.com - December 11 at 9:19 AM
News IconTrading Scope: Following Levels on Shares of RAIT Financial Trust (RAS) - Yankee Analysts (NYSE:RAS)
yankeeanalysts.com - December 10 at 8:41 AM
capitalcube.com logoETFs with exposure to RAIT Financial Trust : December 9, 2016 (NYSE:RAS)
www.capitalcube.com - December 9 at 7:24 PM
News IconMoving Averages in Focus on Shares of RAIT Financial Trust (RAS) - Yankee Analysts (NYSE:RAS)
yankeeanalysts.com - December 8 at 12:22 AM

Social

What is RAIT Financial Trust's stock symbol?

RAIT Financial Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "RAS."

How often does RAIT Financial Trust pay dividends? What is the dividend yield for RAIT Financial Trust?

RAIT Financial Trust declared a quarterly dividend on Friday, December 16th. Shareholders of record on Tuesday, January 10th will be paid a dividend of $0.09 per share on Tuesday, January 31st. This represents a $0.36 annualized dividend and a yield of 10.11%. The ex-dividend date of this dividend is Friday, January 6th.

Where is RAIT Financial Trust's stock going? Where will RAIT Financial Trust's stock price be in 2017?

3 equities research analysts have issued 12-month price objectives for RAIT Financial Trust's stock. Their predictions range from $3.25 to $3.60. On average, they expect RAIT Financial Trust's share price to reach $3.43 in the next year.

When will RAIT Financial Trust announce their earnings?

RAIT Financial Trust is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

Who owns RAIT Financial Trust stock?

RAIT Financial Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Highland Global Allocation Fund (6.10%), Highland Global Allocation Fund (6.10%), Highland Capital Management LP (6.05%), Renaissance Technologies LLC (3.96%), State Street Corp (1.86%) and Credit Agricole S A (0.79%). Company insiders that own RAIT Financial Trust stock include Frank Farnesi, James J Sebra, Jon Sarkisian, S Wayne Finch, Scott LN Davidson and Scott Schaeffer.

Who sold RAIT Financial Trust stock? Who is selling RAIT Financial Trust stock?

RAIT Financial Trust's stock was sold by a variety of institutional investors in the last quarter, including Highland Capital Management LP, Credit Agricole S A, Ladenburg Thalmann Financial Services Inc. and Metropolitan Life Insurance Co. NY.

Who bought RAIT Financial Trust stock? Who is buying RAIT Financial Trust stock?

RAIT Financial Trust's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, State Street Corp, Russell Investments Group Ltd., A.R.T. Advisors LLC, Dynamic Technology Lab Private Ltd and Royce & Associates LP. Company insiders that have bought RAIT Financial Trust stock in the last two years include Frank Farnesi, James J Sebra, Jon Sarkisian, Scott LN Davidson and Scott Schaeffer.

How do I buy RAIT Financial Trust stock?

Shares of RAIT Financial Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of RAIT Financial Trust stock cost?

One share of RAIT Financial Trust stock can currently be purchased for approximately $3.56.

RAIT Financial Trust (NYSE:RAS) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for RAIT Financial Trust (NYSE:RAS)

Earnings History Chart

Earnings by Quarter for RAIT Financial Trust (NYSE:RAS)

Dividend History Chart

Dividend Payments by Quarter for RAIT Financial Trust (NYSE:RAS)

Last Updated on 2/23/2017 by MarketBeat.com Staff