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. Shareholders of record on Tuesday, June 26th will be given 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 announced that its Board of Directors has approved a stock repurchase program on Friday, December 15th 2017, which allows the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's board believes its shares are undervalued.

Retail Properties of America Inc (NYSE:RPAI) released its earnings results on Tuesday, May, 1st. The real estate investment trust reported $0.19 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.06. The real estate investment trust earned $124.80 million during the quarter, compared to the consensus estimate of $123.56 million. Retail Properties of America had a return on equity of 15.25% and a net margin of 58.23%. Retail Properties of America's revenue was down 13.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $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 issued an update on its FY18 earnings guidance on Tuesday, May, 1st. The company provided earnings per share guidance of $0.98-$1.02 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.01.

6 equities research analysts have issued twelve-month target prices for Retail Properties of America's stock. Their forecasts range from $13.00 to $18.00. On average, they expect Retail Properties of America's share price to reach $15.4167 in the next twelve months. 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 headlines about RPAI stock have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Retail Properties of America earned a media sentiment score of 0.09 on Accern's scale. They also assigned media stories about the real estate investment trust an impact score of 46.40 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Retail Properties of America's stock is owned by a variety of of institutional and retail investors. Top institutional investors 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 purchased 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]