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 Ratio9.16
Current Ratio18.06
Quick Ratio18.06
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-119.36%
Return on Equity-54.06%
Return on Assets-5.22%
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 were RAIT Financial Trust's earnings last quarter?
RAIT Financial Trust (NYSE:RAS) posted its quarterly earnings results on Friday, August, 5th. The real estate investment trust reported ($0.08) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.13 by $0.21. The real estate investment trust earned $85.07 million during the quarter, compared to analyst estimates of $25.55 million. RAIT Financial Trust had a negative net margin of 119.36% and a negative return on equity of 54.06%. During the same quarter in the prior year, the business earned $0.37 earnings per share. View RAIT Financial Trust's Earnings History.
What price target have analysts set for RAS?
1 brokerages have issued 12 month target prices for RAIT Financial Trust's shares. Their predictions range from $1.00 to $1.00. On average, they expect RAIT Financial Trust's stock price to reach $1.00 in the next year. This suggests a possible upside of 541.0% from the stock's current price. View Analyst Price Targets for RAIT Financial Trust.
What is the consensus analysts' recommendation for RAIT Financial Trust?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RAIT Financial Trust in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RAIT Financial Trust.
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), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), AvalonBay Communities (AVB), Weyerhaeuser (WY), Equity Residential (EQR), Welltower (WELL), DIGITAL RLTY TR/SH (DLR), UNIBAIL-RODAMCO/ADR (UNRDY), GGP (GGP), Ventas (VTR) 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)
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.
What is RAIT Financial Trust's official website?
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.
