NYSE:RPAI - Retail Properties of America Stock Price, News & Analysis

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

Retail Properties of America announced a quarterly dividend on Tuesday, July 23rd. Shareholders of record on Thursday, September 26th will be given a dividend of $0.166 per share on Thursday, October 10th. This represents a $0.66 dividend on an annualized basis and a yield of 5.83%. The ex-dividend date is Wednesday, September 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 authorized a stock buyback plan on Friday, December 15th 2017, which permits the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its shares are undervalued.

Retail Properties of America Inc (NYSE:RPAI) issued its quarterly earnings data on Tuesday, July, 30th. The real estate investment trust reported $0.10 EPS for the quarter, missing the consensus estimate of $0.26 by $0.16. The real estate investment trust earned $118.45 million during the quarter, compared to the consensus estimate of $119.22 million. Retail Properties of America had a return on equity of 3.96% and a net margin of 14.46%. The business's quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.25 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, October 29th 2019. View Earnings Estimates for Retail Properties of America.

Retail Properties of America issued an update on its FY19 earnings guidance on Tuesday, July, 30th. The company provided EPS guidance of $1.04-1.07 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.05.

5 brokerages have issued 12 month price targets for Retail Properties of America's stock. Their predictions range from $12.00 to $15.00. On average, they expect Retail Properties of America's stock price to reach $14.00 in the next year. This suggests a possible upside of 22.9% from the stock's current price. View Analyst Price Targets for Retail Properties of America.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Retail Properties of America in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Retail Properties of America.

News articles about RPAI stock have trended negative on Saturday, according to InfoTrie. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Retail Properties of America earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Retail Properties of America.

Retail Properties of America saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 3,931,400 shares, an increase of 24.8% from the June 30th total of 3,150,100 shares. Based on an average daily trading volume, of 1,130,000 shares, the days-to-cover ratio is presently 3.5 days. Approximately 1.9% of the company's stock are short sold. View Retail Properties of America's Current Options Chain.

Some companies that are related to Retail Properties of America include VICI Properties (VICI), Klepierre (KLPEF), SINO LD LTD/S (SNLAY), Vereit (VER), National Retail Properties (NNN), AGNC Investment (AGNC), Iron Mountain (IRM), Omega Healthcare Investors (OHI), Store Capital (STOR), Gaming and Leisure Properties (GLPI), Kilroy Realty (KRC), Medical Properties Trust (MPW), Kimco Realty (KIM), Lamar Advertising (LAMR) and Apartment Investment and Management (AIV).

Based on aggregate information from My MarketBeat watchlists, some companies that other Retail Properties of America investors own include Genesco (GCO), Wynn Resorts (WYNN), Teladoc Health (TDOC), Vitamin Shoppe (VSI), Cisco Systems (CSCO), Rambus (RMBS), Verint Systems (VRNT), Summit Hotel Properties (INN), Invesco Mortgage Capital (IVR) and QEP Resources (QEP).

Retail Properties of America's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.77%), BlackRock Inc. (7.22%), Goodwin Daniel L (4.40%), Centersquare Investment Management LLC (3.72%), Renaissance Technologies LLC (2.94%) and Bank of New York Mellon Corp (2.24%). View Institutional Ownership Trends for Retail Properties of America.

RPAI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, Charles Schwab Investment Management Inc., Vanguard Group Inc., UBS Asset Management Americas Inc., Hill Winds Capital LP, Kempen Capital Management N.V. and Neuburgh Advisers 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 Zimmer Partners LP, Nuveen Asset Management LLC, Bank of New York Mellon Corp, Invesco Ltd., Renaissance Technologies LLC, Centersquare Investment Management LLC, Balyasny Asset Management LLC and Man Group plc. 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 $11.39.

Retail Properties of America has a market capitalization of $2.43 billion and generates $482.50 million in revenue each year. The real estate investment trust earns $77.64 million in net income (profit) each year or $1.03 on an earnings per share basis. Retail Properties of America employs 211 workers across the globe.View Additional Information About Retail Properties of America.

The official website for Retail Properties of America is http://www.rpai.com/.

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]