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

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, July 23rd. Stockholders of record on Thursday, September 26th will be given a dividend of $0.166 per share on Thursday, October 10th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.15%. The ex-dividend date of this dividend is Wednesday, September 25th. This is a boost 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 authorized a share buyback plan on Friday, December 15th 2017, which permits the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's board believes its shares are undervalued.

Retail Properties of America Inc (NYSE:RPAI) announced its earnings results on Tuesday, July, 30th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.26 by $0.16. The real estate investment trust had revenue of $118.45 million for the quarter, compared to analysts' expectations of $119.22 million. Retail Properties of America had a return on equity of 3.96% and a net margin of 14.46%. The firm's quarterly revenue was down .6% on a year-over-year basis. During the same period last year, the company earned $0.25 EPS. View Retail Properties of America's Earnings History.

Retail Properties of America is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Retail Properties of America.

Retail Properties of America will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Retail Properties of America issued an update on its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share (EPS) guidance of $1.04-1.07 for the period, compared to the Thomson Reuters consensus estimate of $1.05.

3 brokerages have issued 1-year target prices for Retail Properties of America's shares. Their forecasts range from $12.00 to $15.00. On average, they anticipate Retail Properties of America's share price to reach $14.00 in the next year. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Price Targets for Retail Properties of America.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Retail Properties of America in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Retail Properties of America.

News stories about RPAI stock have been trending somewhat positive on Thursday, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Retail Properties of America earned a coverage optimism score of 1.0 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Retail Properties of America.

Retail Properties of America saw a drop in short interest during the month of September. As of September 30th, there was short interest totalling 4,160,000 shares, a drop of 8.4% from the August 30th total of 4,540,000 shares. Based on an average trading volume of 1,580,000 shares, the short-interest ratio is currently 2.6 days. Approximately 2.0% of the company's stock are sold short. View Retail Properties of America's Current Options Chain.

Some companies that are related to Retail Properties of America include Camden Property Trust (CPT), VICI Properties (VICI), Klepierre (KLPEF), Federal Realty Investment Trust (FRT), SINO LD LTD/S (SNLAY), Vereit (VER), Iron Mountain (IRM), Omega Healthcare Investors (OHI), National Retail Properties (NNN), AGNC Investment (AGNC), Medical Properties Trust (MPW), Kimco Realty (KIM), CyrusOne (CONE), Store Capital (STOR) and Gaming and Leisure Properties (GLPI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Retail Properties of America investors own include Genesco (GCO), Wynn Resorts (WYNN), Teladoc Health (TDOC), Vitamin Shoppe (VSI), AGNC Investment (AGNC), Cisco Systems (CSCO), Rambus (RMBS), Verint Systems (VRNT), Brixmor Property Group (BRX) and Summit Hotel Properties (INN).

Retail Properties of America's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include CenturyLink Investment Management Co (0.04%), Nisa Investment Advisors LLC (0.03%), First Hawaiian Bank (0.01%), State of Alaska Department of Revenue (0.01%), Fox Run Management L.L.C. (0.01%) and Campbell & CO Investment Adviser LLC (0.01%). View Institutional Ownership Trends for Retail Properties of America.

RPAI stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Meeder Asset Management Inc., CenturyLink Investment Management Co, Campbell & CO Investment Adviser LLC and Advantage Investment Management LLC. View Insider Buying and Selling for Retail Properties of America.

RPAI stock was bought by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, First Hawaiian Bank and Fox Run Management L.L.C.. 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, Robinhood, Fidelity and Charles Schwab.

One share of RPAI stock can currently be purchased for approximately $12.90.

Retail Properties of America has a market capitalization of $2.76 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.View Additional Information About Retail Properties of America.

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]