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: $3.25
  • 50 Day Moving Average: $3.10
  • 200 Day Moving Average: $3.08
  • 52-Week Range: $1.85 - $5.45
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 6.13
  • P/E Growth: 0.49
  • Market Cap: $299.61M
  • Outstanding Shares: 92,187,000
  • Beta: 2.3
Profitability:
  • Net Margins: 8.13%
  • Return on Equity: 9.09%
  • Return on Assets: 1.55%
Debt:
  • Debt-to-Equity Ratio: 4.20%
  • Current Ratio: 6.16%
  • Quick Ratio: 6.16%
Additional Links:
Companies Related to RAIT Financial Trust:

Analyst Ratings

Consensus Ratings for RAIT Financial Trust (NYSE:RAS) (?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $3.17 (2.46% downside)

Analysts' Ratings History for RAIT Financial Trust (NYSE:RAS)
Show:
DateFirmActionRatingPrice TargetDetails
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
12/9/2015JMP SecuritiesDowngradeOutperform -> Market Perform$3.00View Rating Details
8/3/2015Stifel NicolausLower Price TargetMarket Perform$7.00 -> $6.25View Rating Details
8/3/2015Ladenburg ThalmannUpgradeNeutral -> Buy$6.25View Rating Details
12/30/2014MLV & Co.Set Price TargetBuy$9.00View Rating Details
(Data available from 9/28/2014 forward)

Earnings

Earnings History for RAIT Financial Trust (NYSE:RAS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
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: $0.49 EPS
Next Year EPS Consensus Estimate: $0.53 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:11.08%
Dividend Growth:32.40% (3 Year Average)
Payout Ratio:-109.09% (Based on Trailing 12 Months of Earnings)
73.47% (Based on Current Year Consensus EPS Estimate)
67.92% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for RAIT Financial Trust (NYSE:RAS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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: 57.26%
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
nasdaq.com logoFinancial Sector Update for 09/27/2016: AXP,EQR,IRT,RAS - Nasdaq (NYSE:RAS)
www.nasdaq.com - September 27 at 6:52 PM
streetinsider.com logoIndependence Realty Trust (IRT), RAIT Financial Trust (RAS) Enter ... - StreetInsider.com (NYSE:RAS)
www.streetinsider.com - September 27 at 6:52 PM
seekingalpha.com logoIndependence Realty to internalize management (NYSE:RAS)
seekingalpha.com - September 27 at 11:35 AM
rttnews.com logoRAIT In Deal With Independence Realty Trust To Internalize Management (NYSE:RAS)
www.rttnews.com - September 27 at 11:35 AM
4-traders.com logoRAIT Financial Trust : Independence Realty Trust Announces Management Internalization (NYSE:RAS)
www.4-traders.com - September 27 at 11:35 AM
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 - September 27 at 11:35 AM
News IconKeefe, Bruyette & Woods Lowers RAIT Financial Trust Price Target to $6.00 (RAS) - Petro Global News 24 (NYSE:RAS)
petroglobalnews24.com - September 23 at 11:42 AM
News IconStock Perspective: RAIT Financial Trust (NYSE:RAS) Earnings in View - Frisco Fastball (NYSE:RAS)
friscofastball.com - September 22 at 11:47 AM
publicnow.com logoRAIT Financial Trust Announces Third Quarter Cash Dividend on its Common Shares (NYSE:RAS)
www.publicnow.com - September 19 at 6:53 PM
capitalcube.com logoETF’s with exposure to RAIT Financial Trust : September 16, 2016 (NYSE:RAS)
www.capitalcube.com - September 16 at 6:45 PM
News IconThe Sell-side Consensus is in on RAIT Financial Trust (NYSE:RAS); Earnings & Target Updates - National Daily Press (NYSE:RAS)
www.nationaldailypress.com - September 9 at 6:37 PM
News IconEarnings According to Analysts for RAIT Financial Trust (NYSE:RAS)? - Frisco Fastball (NYSE:RAS)
friscofastball.com - September 7 at 7:04 PM
seekingalpha.com logoRussell 2000 Dogs Dig Up Healthcare, Industrials, Basic Materials, & Real Estate As Gainers In September (NYSE:RAS)
seekingalpha.com - September 1 at 10:06 AM
News IconHow the Crowd & Sell-side View RAIT Financial Trust (NYSE:RAS) Shares - Post News (NYSE:RAS)
www.kentuckypostnews.com - August 30 at 10:18 AM
nasdaq.com logoRAIT Financial Trust's Series B Cumulative Redeemable Preferred Shares Goes Ex-Dividend Soon (NYSE:RAS)
www.nasdaq.com - August 26 at 6:45 PM
News IconCrowd Ratings and Street Focus on RAIT Financial Trust (NYSE:RAS) - Post News (NYSE:RAS)
www.kentuckypostnews.com - August 22 at 6:56 PM
News IconTop 5 Companies in the Diversified REITs Industry With the Highest Dividend Yield (RAS, NRF, GOOD, LXP, OLP) (NYSE:RAS)
www.traderplanet.com - August 21 at 10:59 AM
4-traders.com logoRAIT Financial Trust : REIT Stocks Technical Report -- Corrections Corp. of America, Anworth Mortgage Asset, iStar, and RAIT Financial Trust (NYSE:RAS)
www.4-traders.com - August 19 at 10:01 AM
News IconTaking A Closer Look at RAIT Financial Trust (NYSE:RAS) - Duncan Research (NYSE:RAS)
www.duncanindependent.com - August 18 at 10:03 AM
finance.yahoo.com logoRAIT FINANCIAL TRUST Financials (NYSE:RAS)
finance.yahoo.com - August 17 at 7:23 PM
News IconA Closer Look at RAIT Financial Trust (NYSE:RAS) - Duncan Research (NYSE:RAS)
www.duncanindependent.com - August 17 at 10:02 AM
capitalcube.com logoETF’s with exposure to RAIT Financial Trust : August 12, 2016 (NYSE:RAS)
www.capitalcube.com - August 12 at 7:10 PM
capitalcube.com logoRAIT Financial Trust :RAS-US: Earnings Analysis: Q2, 2016 By the Numbers : August 11, 2016 (NYSE:RAS)
www.capitalcube.com - August 11 at 7:34 PM
biz.yahoo.com logoRAIT FINANCIAL TRUST Files SEC form 10-Q, Quarterly Report (NYSE:RAS)
biz.yahoo.com - August 8 at 7:18 PM
seekingalpha.com logoRAIT Financial Trust's (RAS) CEO Scott Schaeffer on Q2 2016 ... - Seeking Alpha (NYSE:RAS)
seekingalpha.com - August 6 at 9:47 AM
finance.yahoo.com logoEdited Transcript of RAS earnings conference call or presentation 5-Aug-16 1:00pm GMT (NYSE:RAS)
finance.yahoo.com - August 6 at 9:47 AM
seekingalpha.com logoRAIT Financial Trust's (RAS) CEO Scott Schaeffer on Q2 2016 Results - Earnings Call Transcript (NYSE:RAS)
seekingalpha.com - August 5 at 7:16 PM
rttnews.com logoEARNINGS SUMMARY: Details of RAIT Financial Trust Q2 Earnings Report (NYSE:RAS)
www.rttnews.com - August 5 at 11:35 AM
sg.finance.yahoo.com logoRAIT Financial posts 2Q profit (NYSE:RAS)
sg.finance.yahoo.com - August 5 at 11:35 AM
seekingalpha.com logoReader Requests High-Yield, Low-Price, Safe Dog Stocks. Here They Are. (NYSE:RAS)
seekingalpha.com - July 31 at 6:28 PM
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 - July 29 at 4:18 PM
publicnow.com logoRAIT Financial Trust Declares Third Quarter 2016 Preferred Dividends (NYSE:RAS)
www.publicnow.com - July 27 at 4:48 PM
News IconThe Key Numbers To Watch From RAIT Financial Trust (NYSE:RAS)'s Earnings - The Voice Registrar (NYSE:RAS)
voiceregistrar.com - July 25 at 11:27 AM
News IconRAIT Financial Trust (NYSE:RAS): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:RAS)
www.engelwooddaily.com - July 22 at 6:53 PM
News IconRait Financial Trust New (NYSE:RAS) Shorted Shares Increased 10.87% After Market Selling - Consumer Eagle (NYSE:RAS)
www.consumereagle.com - July 22 at 6:53 PM
News IconTricadia Capital Management LLC Increased Rait Financial Trust (NYSE:RAS) by $15.66 Million as Shares Rose - Consumer Eagle (NYSE:RAS)
www.consumereagle.com - July 21 at 7:23 PM
News IconEquity Roundup: Stock Performance Focus on RAIT Financial Trust (NYSE:RAS) - Press Telegraph (NYSE:RAS)
presstelegraph.com - July 21 at 7:23 PM
News IconCould RAIT Financial Trust Change Direction After Today's Huge Decline? - Consumer Eagle (NYSE:RAS)
www.consumereagle.com - July 21 at 7:22 PM
businesswire.com logoRAIT Financial Trust Schedules Second Quarter 2016 Financial Results Release Date and Conference Call - Business Wire (press release) (NYSE:RAS)
www.businesswire.com - July 20 at 7:54 PM
finance.yahoo.com logoIndependence Realty Trust Schedules Second Quarter 2016 Financial Results Release Date and Conference Call (NYSE:RAS)
finance.yahoo.com - July 20 at 5:00 PM
finance.yahoo.com logoRAIT Financial Trust Schedules Second Quarter 2016 Financial Results Release Date and Conference Call (NYSE:RAS)
finance.yahoo.com - July 20 at 5:00 PM
News IconWere Analysts Bullish RAIT Financial Trust (NYSE:RAS) This Week? - Consumer Eagle (NYSE:RAS)
www.consumereagle.com - July 20 at 9:52 AM
fiscalstandard.com logoRAIT Financial Trust (NYSE:RAS) Broker Price Targets For The Coming Week - Fiscal Standard (NYSE:RAS)
www.fiscalstandard.com - July 19 at 8:01 AM
News IconRAIT Financial Trust (NYSE:RAS) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:RAS)
www.engelwooddaily.com - July 16 at 6:30 PM
equities.com logoRAIT Financial Trust New of Beneficial Interest (RAS) is Trading Higher on Unusual Volume for July 12 (NYSE:RAS)
www.equities.com - July 14 at 7:18 PM
News IconInsiders Increasing Positions in: RAIT Financial Trust (NYSE:RAS) - Press Telegraph (NYSE:RAS)
presstelegraph.com - July 14 at 10:39 AM
equities.com logoRAIT Financial Trust New of Beneficial Interest (RAS) is Trading Higher on Unusual Volume for July 12 - Equities.com (NYSE:RAS)
www.equities.com - July 14 at 10:39 AM
4-traders.com logoRAIT Financial : REIT - Diversified Equity Picks -- MFA Financial, CYS Investments, iStar, and RAIT Financial Trust (NYSE:RAS)
www.4-traders.com - July 13 at 9:58 AM
News IconWere Analysts Bullish RAIT Financial Trust (NYSE:RAS) This Week? - Press Telegraph (NYSE:RAS)
presstelegraph.com - July 12 at 7:18 PM
news.cmlviz.com logoOption Market: RAIT Financial Trust Risk Hits An Elevated Level - CML News (NYSE:RAS)
news.cmlviz.com - July 12 at 7:18 PM

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RAIT Financial Trust (NYSE:RAS) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff