NYSE:RPAI - Retail Properties of America Stock Price, Price Target & More

Retail Properties of America trades on the New York Stock Exchange (NYSE) under the ticker symbol "RPAI."

Retail Properties of America declared a quarterly dividend on Tuesday, April 24th. Investors of record on Tuesday, June 26th will be paid a dividend of $0.166 per share on Tuesday, July 10th. This represents a $0.66 annualized dividend and a yield of 5.16%. The ex-dividend date of this dividend is Monday, June 25th. This is an increase from Retail Properties of America's previous quarterly dividend of $0.17. View Retail Properties of America's Dividend History.

Retail Properties of America declared that its Board of Directors has approved a share buyback plan on Friday, December 15th 2017, which allows the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

Retail Properties of America Inc (NYSE:RPAI) issued its quarterly earnings data on Tuesday, May, 1st. The real estate investment trust reported $0.19 EPS for the quarter, missing the consensus estimate of $0.25 by $0.06. The real estate investment trust had revenue of $124.80 million for the quarter, compared to analyst estimates of $123.56 million. Retail Properties of America had a net margin of 58.23% and a return on equity of 15.25%. The business's revenue was down 13.2% on a year-over-year basis. During the same period last year, the business earned $0.28 earnings per share. View Retail Properties of America's Earnings History.

Retail Properties of America is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Retail Properties of America.

Retail Properties of America updated its FY18 earnings guidance on Tuesday, May, 1st. The company provided earnings per share (EPS) guidance of $0.98-$1.02 for the period, compared to the Thomson Reuters consensus estimate of $1.01.

6 equities research analysts have issued 1-year price targets for Retail Properties of America's shares. Their forecasts range from $13.00 to $18.00. On average, they anticipate Retail Properties of America's stock price to reach $15.4167 in the next year. View Analyst Ratings for Retail Properties of America.

Some companies that are related to Retail Properties of America include Mid-America Apartment Communities (MAA), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Regency Centers (REG), UDR (UDR), Iron Mountain (IRM), SL Green Realty (SLG), Federal Realty Investment Trust (FRT), Camden Property Trust (CPT), Equity Lifestyle Properties (ELS), AGNC Investment (AGNC), Macerich (MAC), Sun Communities (SUI), Kilroy Realty (KRC) and VICI Properties (VICI).

News coverage about RPAI stock has trended somewhat positive on Wednesday, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news 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. Retail Properties of America earned a media sentiment score of 0.19 on Accern's scale. They also assigned news stories about the real estate investment trust an impact score of 46.59 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Retail Properties of America's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.47%), Long Pond Capital LP (3.77%), Schwab Charles Investment Management Inc. (2.22%), Resolution Capital Ltd (1.69%), Dimensional Fund Advisors LP (1.66%) and Franklin Resources Inc. (1.47%). Company insiders that own Retail Properties of America stock include Gerald M Gorski, Richard P Imperiale, Shane C Garrison and Thomas J Sargeant. View Institutional Ownership Trends for Retail Properties of America.

RPAI stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Millennium Management LLC, Russell Investments Group Ltd., JPMorgan Chase & Co., Schwab Charles Investment Management Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH and Heitman Real Estate Securities LLC. View Insider Buying and Selling for Retail Properties of America.

RPAI stock was acquired by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Franklin Resources Inc., Westwood Holdings Group Inc., Zimmer Partners LP, Long Pond Capital LP, Citigroup Inc., UBS Group AG and Landscape Capital Management L.L.C.. Company insiders that have bought Retail Properties of America stock in the last two years include Richard P Imperiale, Shane C Garrison and Thomas J Sargeant. View Insider Buying and Selling for Retail Properties of America.

Shares of RPAI 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.

One share of RPAI stock can currently be purchased for approximately $12.86.

Retail Properties of America has a market capitalization of $2.79 billion and generates $538.14 million in revenue each year. The real estate investment trust earns $251.49 million in net income (profit) each year or $1.06 on an earnings per share basis. Retail Properties of America employs 220 workers across the globe.

Retail Properties of America's mailing address is 2021 SPRING ROAD SUITE 200, OAK BROOK IL, 60523. The real estate investment trust can be reached via phone at 630-634-4200 or via email at [email protected]