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 announced 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 5.28%. The ex-dividend date of this dividend is Monday, June 25th. This is a positive change 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 stock buyback plan on Friday, December 15th 2017, which allows the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

Retail Properties of America Inc (NYSE:RPAI) posted its quarterly earnings data on Tuesday, May, 1st. The real estate investment trust reported $0.19 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.25 by $0.06. The real estate investment trust earned $124.80 million during the quarter, compared to analysts' expectations of $123.56 million. Retail Properties of America had a net margin of 58.23% and a return on equity of 15.25%. The company's quarterly revenue was down 13.2% on a year-over-year basis. During the same quarter in the prior year, the company 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 (EPS) guidance of $0.98-$1.02 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.01.

6 brokerages have issued 12 month price objectives for Retail Properties of America's shares. Their forecasts range from $13.00 to $18.00. On average, they expect Retail Properties of America's stock price to reach $15.4167 in the next year. This suggests a possible upside of 22.6% from the stock's current price. View Analyst Ratings for Retail Properties of America.

6 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

News articles about RPAI stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of 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 0.24 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 46.73 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Retail Properties of America's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Goodwin Daniel L (4.32%), Westpac Banking Corp (0.23%), Bank of Montreal Can (0.15%), Pendal Group Ltd (0.10%), State of Alaska Department of Revenue (0.06%) and CenturyLink Investment Management Co (0.05%). 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 Goodwin Daniel L, Westpac Banking Corp, State of Alaska Department of Revenue, Fox Run Management L.L.C. and Pendal Group Ltd. 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 CenturyLink Investment Management Co, Nisa Investment Advisors LLC, Hartford Investment Management Co. and Bank of Montreal Can. 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 $12.57.

Retail Properties of America has a market capitalization of $2.76 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]