RAIT Financial Trust is an internally-managed real estate investment trust focused on providing debt financing options to owners of commercial real estate throughout the United States. For more information, please visit www.rait.com or call Investor Relations at 215.207.2100.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
SymbolNYSE:RAS
CUSIP74922760
Phone215-207-2100
Debt
Debt-to-Equity Ratio9.30
Current Ratio21.89
Quick Ratio21.89
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$99.71 million
Price / Sales0.14
Cash FlowN/A
Price / CashN/A
Book Value$1.93 per share
Price / Book0.08
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-151,870,000.00
Net Margins-188.55%
Return on Equity-16.78%
Return on Assets-1.66%
Miscellaneous
Employees223
Outstanding Shares92,560,000
Market Cap$0.00
RAIT Financial Trust (NYSE:RAS) Frequently Asked Questions
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 announced a quarterly dividend on Thursday, August 3rd. Investors of record on Friday, August 25th will be given a dividend of $0.05 per share on Friday, September 15th. This represents a $0.20 annualized dividend and a dividend yield of 128.21%. The ex-dividend date is Wednesday, August 23rd. View RAIT Financial Trust's Dividend History.
How were RAIT Financial Trust's earnings last quarter?
RAIT Financial Trust (NYSE:RAS) posted its quarterly earnings data on Friday, August, 5th. The real estate investment trust reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by $0.21. The real estate investment trust had revenue of $85.07 million for the quarter, compared to analyst estimates of $25.55 million. RAIT Financial Trust had a negative return on equity of 16.78% and a negative net margin of 188.55%. During the same period last year, the company earned $0.37 earnings per share. View RAIT Financial Trust's Earnings History.
When is RAIT Financial Trust's next earnings date?
What price target have analysts set for RAS?
4 brokers have issued 12-month price targets for RAIT Financial Trust's shares. Their forecasts range from $1.00 to $1.60. On average, they expect RAIT Financial Trust's share price to reach $1.2833 in the next year. This suggests a possible upside of 722.6% from the stock's current price. View Analyst Ratings for RAIT Financial Trust.
What is the consensus analysts' recommendation for RAIT Financial Trust?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RAIT Financial Trust in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of RAIT Financial Trust's key competitors?
Some companies that are related to RAIT Financial Trust include American Tower (AMT), Simon Property Group (SPG), CROWN CASTLE In/SH SH (CCI), Public Storage (PSA), Equinix (EQIX), Prologis (PLD), Weyerhaeuser (WY), AvalonBay Communities (AVB), DIGITAL Rlty Tr/SH SH (DLR), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP) and Boston Properties (BXP).
Who are RAIT Financial Trust's key executives?
RAIT Financial Trust's management team includes the folowing people:
- Mr. John J. Reyle, Interim CEO, Interim Pres & Gen. Counsel (Age 39)
- Mr. Scott F. Schaeffer, Consultant (Age 56)
- Mr. Alfred J. Dilmore, Interim CFO, Interim Treasurer & Chief Accounting Officer (Age 36)
- Mr. Andres Viroslav, VP & Director of Corp. Communications
- Mr. Glenn Riis, Sr. Managing Director and Chief Credit Risk Officer (Age 54)
Has RAIT Financial Trust been receiving favorable news coverage?
News articles about RAS stock have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. RAIT Financial Trust earned a news sentiment score of 0.25 on Accern's scale. They also gave media stories about the real estate investment trust an impact score of 47.77 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
How do I buy shares of RAIT Financial Trust?
Shares of RAS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is RAIT Financial Trust's stock price today?
One share of RAS stock can currently be purchased for approximately $0.1560.
How can I contact RAIT Financial Trust?
RAIT Financial Trust's mailing address is 100 N. 18TH STREET 23RD FLOOR TWO LOGAN SQUARE, PHILADELPHIA PA, 19103. The real estate investment trust can be reached via phone at 215-207-2100 or via email at [email protected]
MarketBeat Community Rating for RAIT Financial Trust (NYSE RAS)
MarketBeat's community ratings are surveys of what our community members think about RAIT Financial Trust and other stocks. Vote "Outperform" if you believe RAS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RAS will underperform the S&P 500 over the long term. You may vote once every thirty days.
