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About RAIT Financial Trust (NYSE:RAS)
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
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$1.58 per share
Price / Book0.10
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-151,870,000.00
Net Margins-188.55%
Return on Equity-16.78%
Return on Assets-1.66%
Miscellaneous
Employees223
Outstanding Shares92,560,000
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 declared 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 dividend on an annualized basis 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) announced its earnings results on Friday, August, 5th. The real estate investment trust reported ($0.08) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.13 by $0.21. The real estate investment trust had revenue of $85.07 million for the quarter, compared to analysts' expectations 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 in the prior year, the firm posted $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 brokerages have issued 12 month price targets for RAIT Financial Trust's shares. Their predictions range from $1.00 to $1.60. On average, they anticipate RAIT Financial Trust's stock price to reach $1.2833 in the next twelve months. View Analyst Ratings for RAIT Financial Trust.
Are investors shorting RAIT Financial Trust?
RAIT Financial Trust saw a increase in short interest in April. As of April 13th, there was short interest totalling 7,471,042 shares, an increase of 60.7% from the March 30th total of 4,648,025 shares. Based on an average daily trading volume, of 6,000,366 shares, the short-interest ratio is currently 1.2 days. Currently, 9.6% of the company's stock are short sold.
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 International (CCI), Public Storage (PSA), Prologis (PLD), Equinix (EQIX), Weyerhaeuser (WY), UNIBAIL-RODAMCO/ADR (UNRDY), Equity Residential (EQR), AvalonBay Communities (AVB), Digital Realty (DLR), Welltower (WELL), 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)
Has RAIT Financial Trust been receiving favorable news coverage?
News stories about RAS stock have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. RAIT Financial Trust earned a news sentiment score of 0.07 on Accern's scale. They also gave media stories about the real estate investment trust an impact score of 45.41 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
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 (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.
RAIT Financial Trust (NYSE:RAS) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
4 Wall Street analysts have issued ratings and price targets for RAIT Financial Trust in the last 12 months. Their average twelve-month price target is $1.2833, suggesting that the stock has a possible upside of 722.65%. The high price target for RAS is $1.60 and the low price target for RAS is $1.00. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 1.75 | 1.75 | 1.75 | 1.75 |
| Ratings Breakdown: | 1 Sell Rating(s)
3 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $1.2833 | $1.2833 | $1.2833 | $1.4250 |
| Price Target Upside: | 722.65% upside | 541.67% upside | 541.67% upside | 295.83% upside |
RAIT Financial Trust (NYSE:RAS) Consensus Price Target History
RAIT Financial Trust (NYSE:RAS) Analyst Ratings History
Show:
(Data available from 5/24/2016 forward)
RAIT Financial Trust (NYSE:RAS) Dividend Information
RAIT Financial Trust pays an annual dividend of $0.14 per share, with a dividend yield of 89.74%. RAS's most recent quarterly dividend payment was Friday, September 15.
| Most Recent Dividend: | 9/15/2017 |
| Annual Dividend: | $0.14 |
| Dividend Yield: | 89.74% |
| Dividend Growth: | -30.70% (3 Year Average) |
| Payout Ratio(s): | N/A |
RAIT Financial Trust (NYSE:RAS) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/3/2017 | quarterly | $0.05 | 12.74% | 8/23/2017 | 8/25/2017 | 9/15/2017 |
| 5/3/2017 | quarterly | $0.09 | 13.09% | 5/24/2017 | 5/26/2017 | 6/15/2017 |
| 12/16/2016 | quarterly | $0.09 | 10.94% | 1/6/2017 | 1/10/2017 | 1/31/2017 |
| 9/19/2016 | quarterly | $0.09 | | 10/5/2016 | 10/7/2016 | 10/31/2016 |
| 6/15/2016 | quarterly | $0.09 | | 7/6/2016 | 7/8/2016 | 7/29/2016 |
| 3/14/2016 | quarterly | $0.09 | | 4/6/2016 | 4/8/2016 | 4/29/2016 |
| 12/8/2015 | quarterly | $0.09 | | 1/6/2016 | 1/8/2016 | 1/29/2016 |
| 9/17/2015 | quarterly | $0.18 | | 10/7/2015 | 10/9/2015 | 10/30/2015 |
| 6/22/2015 | quarterly | $0.18 | 11.11% | 7/8/2015 | 7/10/2015 | 7/31/2015 |
| 3/17/2015 | quarterly | $0.18 | 10.39% | 4/8/2015 | 4/10/2015 | 4/30/2015 |
| 12/18/2014 | quarterly | $0.18 | 9.2% | 1/7/2015 | 1/9/2015 | 1/30/2015 |
| 9/16/2014 | quarterly | $0.18 | 9.14% | 10/3/2014 | 10/7/2014 | 10/31/2014 |
| 6/13/2014 | quarterly | $0.18 | 8.88% | 7/9/2014 | 7/11/2014 | 7/31/2014 |
| 3/19/2014 | quarterly | $0.17 | 8.19% | 4/2/2014 | 4/4/2014 | 4/30/2014 |
| 12/12/2013 | quarterly | $0.16 | 7.51% | 1/3/2014 | 1/7/2014 | 1/31/2014 |
| 9/11/2013 | quarterly | $0.15 | 8.58% | 10/1/2013 | 10/3/2013 | 10/31/2013 |
| 6/20/2013 | quarterly | $0.13 | 6.93% | 7/10/2013 | 7/12/2013 | 7/31/2013 |
| 3/18/2013 | quarterly | $0.12 | 6.2% | 4/1/2013 | 4/3/2013 | 4/30/2013 |
| 12/12/2012 | quarterly | $0.10 | 7.09% | 1/14/2013 | 1/16/2013 | 1/31/2013 |
(Data available from 1/1/2013 forward)
RAIT Financial Trust (NYSE RAS) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 36.21%
RAIT Financial Trust (NYSE RAS) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 5/7/2018 | Charles L Frischer | Major Shareholder | Buy | 3,004 | $12.00 | $36,048.00 | |  |
| 5/2/2018 | Charles L Frischer | Major Shareholder | Buy | 1,800 | $12.06 | $21,708.00 | | |
| 4/30/2018 | Charles L Frischer | Major Shareholder | Buy | 3,379 | $12.45 | $42,068.55 | | |
| 4/27/2018 | Charles L Frischer | Major Shareholder | Buy | 200 | $12.51 | $2,502.00 | | |
| 4/25/2018 | Charles L Frischer | Major Shareholder | Buy | 10,600 | $10.85 | $115,010.00 | | |
| 6/5/2017 | Thomas D Wren | Insider | Buy | 45,000 | $2.29 | $103,050.00 | 45,000 | |
| 6/2/2017 | Michael J Malter | Insider | Buy | 10,000 | $2.35 | $23,500.00 | 3,400 | |
| 8/8/2016 | S. Wayne Finch | Director | Sell | 2,000 | $12.11 | $24,220.00 | | |
| 3/2/2016 | Scott Schaeffer | Chairman | Buy | 23,700 | $2.89 | $68,493.00 | 359,716 | |
| 12/14/2015 | Jon Sarkisian | insider | Buy | 8,000 | $2.48 | $19,840.00 | 38,785 | |
| 12/11/2015 | Frank Farnesi | Insider | Buy | 9,440 | $2.66 | $25,110.40 | 70,625 | |
| 12/11/2015 | Scott L.N. Davidson | President | Buy | 1,500 | $2.68 | $4,020.00 | 5,861 | |
| 12/11/2015 | Scott Schaeffer | Chairman | Sell | 26,815 | $2.56 | $68,646.40 | 385,155 | |
| 6/4/2015 | James J Sebra | CFO | Buy | 2,500 | $6.43 | $16,075.00 | | |
| 6/3/2015 | Scott L.N. Davidson | President | Buy | 2,900 | $6.46 | $18,734.00 | | |
| 6/3/2015 | Scott Schaeffer | Chairman | Buy | 15,000 | $6.44 | $96,600.00 | | |
| 12/12/2014 | Ken Frappier | EVP | Sell | 68,310 | $7.51 | $513,008.10 | | |
| 1/21/2014 | S. Wayne Finch | Director | Buy | 50,000 | $11.05 | $552,500.00 | | |
| 5/31/2013 | Raphael Licht | COO | Buy | 1,292 | $7.75 | $10,013.00 | | |
| 3/12/2013 | Andrew Batinovich | Insider | Buy | 10,000 | $7.19 | $71,900.00 | | |
| 11/7/2012 | Raphael Licht | COO | Buy | 1,500 | $5.44 | $8,160.00 | | |
(Data available from 1/1/2013 forward)
RAIT Financial Trust (NYSE RAS) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | RAIT Financial Trust (RAS) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - May 16 at 8:14 PM |
| RAIT Financial Trust (RAS) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - May 12 at 8:15 PM |
| Insider Buying: RAIT Financial Trust (RAS) Major Shareholder Acquires 3,004 Shares of Stock
www.americanbankingnews.com - May 8 at 8:35 PM |
| RAIT Financial Trust (RAS) Major Shareholder Acquires $21,708.00 in Stock
www.americanbankingnews.com - May 2 at 8:17 PM |
| RAIT Financial Trust (RAS) Set to Announce Quarterly Earnings on Friday
www.americanbankingnews.com - May 2 at 8:10 PM |
| RAIT Financial Trust (RAS) Lifted to "Hold" at ValuEngine
www.americanbankingnews.com - May 2 at 7:06 PM |
 | Form 4 RAIT Financial Trust For: Apr 27 Filed by: Frischer Charles L
www.streetinsider.com - May 1 at 5:22 PM |
| RAIT Financial Trust (RAS) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 1 at 1:30 AM |
| Charles L. Frischer Purchases 3,379 Shares of RAIT Financial Trust (RAS) Stock
www.americanbankingnews.com - April 30 at 10:10 PM |
| RAIT Financial Trust (RAS) Short Interest Up 60.7% in April
www.americanbankingnews.com - April 30 at 2:04 AM |
| Charles L. Frischer Purchases 10,600 Shares of RAIT Financial Trust (RAS) Stock
www.americanbankingnews.com - April 27 at 4:14 PM |
| Form 3 RAIT Financial Trust For: Apr 09 Filed by: Frischer Charles L
www.streetinsider.com - April 19 at 8:44 AM |
| RAIT Financial Trust (RAS) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - April 18 at 7:31 PM |
| RAIT Financial Trust (RAS) Set to Announce Earnings on Monday
www.americanbankingnews.com - April 8 at 8:12 PM |
| RAIT Financial Trust (RAS) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - April 6 at 1:36 AM |
| RAIT Financial Trust (RAS) Upgraded to "Sell" at ValuEngine
www.americanbankingnews.com - April 3 at 10:07 AM |
| RAIT Financial Trust (RAS) Stock Rating Reaffirmed by B. Riley
www.americanbankingnews.com - April 1 at 4:51 PM |
| RAIT Financial Trust (RAS) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - March 27 at 8:14 PM |
 | Bullish RAIT Financial Trust (NYSE:RAS) Insiders Ramp Up Investment In Stock
finance.yahoo.com - March 23 at 8:11 AM |
| RAIT Financial Trust (RAS) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - March 12 at 1:54 AM |
| RAIT Financial Trust (NYSE:RAS): Is Real Estate Attractive Relative To NYSE Peers?
finance.yahoo.com - March 6 at 8:48 AM |
| RAIT Financial Trust (RAS) Downgraded to "Strong Sell" at ValuEngine
www.americanbankingnews.com - March 4 at 11:38 AM |
| Head to Head Survey: Biomed Realty Trust (BMR) versus RAIT Financial Trust (RAS)
www.americanbankingnews.com - February 26 at 1:34 AM |
| RAIT Financial Trust (RAS) Given a $1.00 Price Target at B. Riley
www.americanbankingnews.com - February 25 at 1:48 PM |
| Reviewing RAIT Financial Trust (RAS) and Resource Capital (RSO)
www.americanbankingnews.com - February 25 at 1:10 AM |
| RAIT Financial Trust (RAS) Downgraded by ValuEngine to "Sell"
www.americanbankingnews.com - February 25 at 12:34 AM |
| Reviewing RAIT Financial Trust (RAS) and Whitestone REIT (WSR)
www.americanbankingnews.com - February 24 at 9:12 PM |
 | Financial Sector Update for 02/21/2018: LHO,RAS,FBC,SAN,LYG - Nasdaq
www.nasdaq.com - February 22 at 8:11 AM |
| RAIT Financial Trust (RAS) Announces Conclusion of Strategic and Financial Alternative Review Proces - StreetInsider.com
www.streetinsider.com - February 22 at 8:11 AM |
| RAIT Financial Trust (RAS) Announces Conclusion of Strategic and Financial Alternative Review Proces
www.streetinsider.com - February 21 at 8:46 AM |
| RAIT Financial Trust (RAS) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - February 20 at 8:20 PM |
| RAIT Financial Trust Announces Conclusion of Strategic and Financial Alternative Review Process, Next Steps and Other Items
finance.yahoo.com - February 20 at 5:27 PM |
| RAIT Financial Trust (RAS) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - February 15 at 1:28 AM |
| RAIT Financial Trust (RAS) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - February 8 at 8:16 PM |
| Brookfield Canada Office Properties (BOXC) versus RAIT Financial Trust (RAS) Head-To-Head Contrast
www.americanbankingnews.com - February 3 at 5:16 AM |
| At $0.63, Is It Time To Buy RAIT Financial Trust (NYSE:RAS)?
finance.yahoo.com - January 31 at 7:21 AM |
| Annaly Commercial Real Estate Group (CXS) vs. RAIT Financial Trust (RAS) Financial Analysis
www.americanbankingnews.com - January 30 at 9:38 AM |
| RAIT Financial Trust Announces Tax Treatment of 2017 Dividends
finance.yahoo.com - January 24 at 5:31 AM |
| RAIT Financial Trust (RAS) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - January 24 at 3:34 AM |
| Analysts Issue Forecasts for RAIT Financial Trust's Q3 2018 Earnings (RAS)
www.americanbankingnews.com - January 15 at 7:12 AM |
| RAIT Financial Trust (RAS) Downgraded by ValuEngine to "Hold"
www.americanbankingnews.com - January 13 at 7:14 PM |
| RAIT Financial Trust Sells and Divests Seven Properties Totaling $124.7 Million During Fourth Quarter of 2017
finance.yahoo.com - January 12 at 11:16 AM |
| Brokers Issue Forecasts for RAIT Financial Trust's FY2017 Earnings (RAS)
www.americanbankingnews.com - January 12 at 6:54 AM |
| Head to Head Contrast: RAIT Financial Trust (RAS) vs. Inland Real Estate (IRC)
www.americanbankingnews.com - January 8 at 7:40 AM |
| RAIT Financial Trust (RAS) Lowered to Hold at ValuEngine
www.americanbankingnews.com - January 1 at 12:04 PM |
| RAIT Financial Trust (RAS) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - December 27 at 1:30 AM |
| RAIT Financial Trust (RAS) and Columbia Property Trust (CXP) Financial Comparison
www.americanbankingnews.com - December 24 at 3:22 AM |
 | RAIT Financial Trust Announces Expected $25 Million Gain in the Fourth Quarter from Completion of Industrial ... - Business Wire (press release)
www.businesswire.com - December 5 at 3:30 PM |
| RAIT Financial Trust Announces Expected $25 Million Gain in the Fourth Quarter from Completion of Industrial Portfolio Divestiture
finance.yahoo.com - December 4 at 11:47 AM |
| RAIT Financial Trust (RAS) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - December 2 at 1:50 AM |
RAIT Financial Trust (NYSE:RAS) SEC Filings
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RAIT Financial Trust (NYSE:RAS) Income Statement, Balance Sheet and Cash Flow Statement
RAIT Financial Trust (NYSE RAS) Stock Chart for Thursday, May, 24, 2018
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