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. Investors 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 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 announced that its board has approved a stock repurchase program on Friday, December 15th 2017, which permits the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically a sign 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 Thomson Reuters' 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 company's revenue for the quarter was down 13.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.28 EPS. 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 EPS estimate of $1.01.

6 Wall Street analysts have issued twelve-month target prices 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 twelve months. 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 stories about RPAI stock have been trending somewhat positive on Sunday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Retail Properties of America earned a daily sentiment score of 0.07 on Accern's scale. They also assigned news headlines about the real estate investment trust an impact score of 46.55 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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