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 Thursday, February 7th. Stockholders of record on Wednesday, March 27th will be given a dividend of $0.1656 per share on Wednesday, April 10th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.23%. The ex-dividend date of this dividend is Tuesday, March 26th. View Retail Properties of America's Dividend History.

Retail Properties of America declared that its board has initiated a share repurchase program on Friday, December 15th 2017, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are often 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, February, 12th. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.25 by $0.01. The real estate investment trust had revenue of $119.30 million for the quarter, compared to analysts' expectations of $119.77 million. Retail Properties of America had a return on equity of 4.24% and a net margin of 16.09%. The firm's quarterly revenue was down 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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, May 7th 2019. View Earnings Estimates for Retail Properties of America.

Retail Properties of America issued an update on its FY19 earnings guidance on Tuesday, February, 12th. The company provided EPS guidance of $1.03-1.07 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.03.

6 brokerages have issued 1 year price objectives for Retail Properties of America's stock. Their predictions range from $13.00 to $16.00. On average, they expect Retail Properties of America's share price to reach $14.50 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Retail Properties of America.

News coverage about RPAI stock has trended negative recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Retail Properties of America earned a news impact score of -2.1 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

Some companies that are related to Retail Properties of America include Duke Realty (DRE), Gecina (GECFF), Iron Mountain (IRM), Federal Realty Investment Trust (FRT), Equity Lifestyle Properties (ELS), Sun Communities (SUI), AGNC Investment (AGNC), Klepierre (KLPEF), Camden Property Trust (CPT), VICI Properties (VICI), National Retail Properties (NNN), Gaming and Leisure Properties (GLPI), Vereit (VER), SL Green Realty (SLG) and Lamar Advertising (LAMR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Retail Properties of America investors own include Invesco Mortgage Capital (IVR), Summit Hotel Properties (INN), Brixmor Property Group (BRX), Vereit (VER), Host Hotels and Resorts (HST), Spirit Realty Capital (SRC), Zayo Group (ZAYO), Uniti Group (UNIT), Sabra Health Care REIT (SBRA) and QEP Resources (QEP).

Retail Properties of America's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.71%), Boston Partners (3.50%), Resolution Capital Ltd (1.86%), Bank of New York Mellon Corp (1.82%), Dimensional Fund Advisors LP (1.67%) and Geode Capital Management LLC (1.51%). 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 Nuveen Asset Management LLC, Sumitomo Mitsui Asset Management Company LTD, Virginia Retirement Systems ET AL, First Trust Advisors LP, Northern Trust Corp, QS Investors LLC, Martingale Asset Management L P and D. E. Shaw & Co. Inc.. 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 Boston Partners, Millennium Management LLC, Timbercreek Investment Management Inc., Hill Winds Capital LP, Strs Ohio, Resolution Capital Ltd, Crestline Management LP and Citigroup Inc.. 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 $12.67.

Retail Properties of America has a market capitalization of $2.70 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.

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]