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

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$12.21 +0.29 (+2.43 %)
(As of 03/22/2019 06:01 AM ET)
Previous Close$11.92
Today's Range$11.91 - $12.22
52-Week Range$10.57 - $13.40
Volume1.02 million shs
Average Volume1.66 million shs
Market Capitalization$2.61 billion
P/E Ratio11.85
Dividend Yield5.54%
Beta0.58
Retail Properties of America, Inc. is a REIT that owns and operates high quality, strategically located open-air shopping centers, including properties with a mixed-use component. As of December 31, 2018, the Company owned 105 retail operating properties in the United States representing 20.1 million square feet. The Company is publicly traded on the New York Stock Exchange under the ticker symbol RPAI.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP76131V20
Phone630-634-4200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$482.50 million
Cash Flow$1.2383 per share
Book Value$8.20 per share

Profitability

Net Income$77.64 million

Miscellaneous

EmployeesN/A
Market Cap$2.61 billion
Next Earnings Date4/30/2019 (Confirmed)
OptionableOptionable

Retail Properties of America (NYSE:RPAI) Frequently Asked Questions

What is Retail Properties of America's stock symbol?

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

How often does Retail Properties of America pay dividends? What is the dividend yield for Retail Properties of America?

Retail Properties of America declared a quarterly dividend on Thursday, February 7th. Investors 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 yield of 5.43%. The ex-dividend date of this dividend is Tuesday, March 26th. View Retail Properties of America's Dividend History.

How will Retail Properties of America's stock buyback program work?

Retail Properties of America announced that its Board of Directors has authorized a share repurchase program on Friday, December 15th 2017, which permits the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its stock is undervalued.

How were Retail Properties of America's earnings last quarter?

Retail Properties of America Inc (NYSE:RPAI) announced its quarterly earnings data on Tuesday, February, 12th. The real estate investment trust reported $0.26 EPS for the quarter, beating the Zacks' consensus estimate of $0.25 by $0.01. The real estate investment trust earned $119.30 million during the quarter, compared to analysts' expectations of $119.77 million. Retail Properties of America had a net margin of 16.09% and a return on equity of 4.24%. The business's revenue was down 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.25 EPS. View Retail Properties of America's Earnings History.

When is Retail Properties of America's next earnings date?

Retail Properties of America is scheduled to release their next quarterly earnings announcement on Tuesday, April 30th 2019. View Earnings Estimates for Retail Properties of America.

How can I listen to Retail Properties of America's earnings call?

Retail Properties of America will be holding an earnings conference call on Wednesday, May 1st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8777056003.

What guidance has Retail Properties of America issued on next quarter's earnings?

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

What price target have analysts set for RPAI?

6 analysts have issued 1 year price targets for Retail Properties of America's shares. Their predictions range from $13.00 to $16.00. On average, they anticipate Retail Properties of America's stock price to reach $14.50 in the next twelve months. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Price Targets for Retail Properties of America.

What is the consensus analysts' recommendation 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.

Has Retail Properties of America been receiving favorable news coverage?

Headlines about RPAI stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog 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 1.7 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company's share price in the immediate future.

Who are some of Retail Properties of America's key competitors?

What other stocks do shareholders of Retail Properties of America own?

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).

Who are Retail Properties of America's key executives?

Retail Properties of America's management team includes the folowing people:
  • Mr. Steven P. Grimes, CEO & Director (Age 52)
  • Mr. Shane C. Garrison, Pres & COO (Age 49)
  • Ms. Julie M. Swinehart, Exec. VP, CFO & Treasurer (Age 43)
  • Mr. Brian Grady, VP of Corp. Fin.
  • Mr. Michael William Gaiden CFA, VP of Investor Relations

Who are Retail Properties of America's major shareholders?

Retail Properties of America's stock is owned by many different of retail and institutional 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 Dimensional Fund Advisors LP (1.69%). 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.

Which institutional investors are selling Retail Properties of America stock?

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.

Which institutional investors are buying Retail Properties of America stock?

RPAI stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Boston Partners, Millennium Management LLC, Timbercreek Investment Management Inc., Hill Winds Capital LP, Strs Ohio, Resolution Capital Ltd and Crestline Management LP. 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.

How do I buy shares of 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.

What is Retail Properties of America's stock price today?

One share of RPAI stock can currently be purchased for approximately $12.21.

How big of a company is Retail Properties of America?

Retail Properties of America has a market capitalization of $2.61 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.

What is Retail Properties of America's official website?

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

How can I contact Retail Properties of America?

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]


MarketBeat Community Rating for Retail Properties of America (NYSE RPAI)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  310 (Vote Outperform)
Underperform Votes:  263 (Vote Underperform)
Total Votes:  573
MarketBeat's community ratings are surveys of what our community members think about Retail Properties of America and other stocks. Vote "Outperform" if you believe RPAI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RPAI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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