RPT Realty (RPT) Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPT Realty in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RPT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RPT, but not buy additional shares or sell existing shares.
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6 equities research analysts have issued twelve-month target prices for RPT Realty's shares. Their RPT share price forecasts range from $9.50 to $14.00. On average, they predict the company's stock price to reach $11.25 in the next twelve months. This suggests a possible upside of 21.6% from the stock's current price.
View analysts price targets for RPT or view top-rated stocks among Wall Street analysts.

RPT Realty's stock was trading at $10.04 on January 1st, 2023. Since then, RPT shares have decreased by 7.9% and is now trading at $9.25.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our RPT earnings forecast.

RPT Realty will be holding an earnings conference call on Thursday, August 3rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13738835".

RPT Realty (NYSE:RPT) released its quarterly earnings data on Wednesday, May, 4th. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.25 by $0.20. The real estate investment trust earned $56.09 million during the quarter, compared to analysts' expectations of $54.80 million. RPT Realty had a trailing twelve-month return on equity of 9.40% and a net margin of 37.20%. The company's revenue was up 12.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.19 EPS.

RPT Realty announced a quarterly dividend on Thursday, April 27th. Stockholders of record on Tuesday, June 20th will be paid a dividend of $0.14 per share on Monday, July 3rd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 6.05%. The ex-dividend date of this dividend is Friday, June 16th.
Read our dividend analysis for RPT.

ETFs with the largest weight of RPT Realty (NYSE:RPT) stock in their portfolio include Cambria Global Real Estate ETF (BLDG), Invesco S&P SmallCap Financials ETF (PSCF), FlexShares Global Quality Real Estate Index Fund (GQRE), U.S. Diversified Real Estate ETF (PPTY), SPDR Dow Jones REIT ETF (RWR), iShares Core U.S. REIT ETF (USRT), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and First Trust S&P REIT Index Fund (FRI).

RPT Realty (NYSE:RPT) pays an annual dividend of $0.56 per share and currently has a dividend yield of 6.01%. RPT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 69.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RPT will have a dividend payout ratio of 53.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RPT.

RPT Realty issued an update on its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $0.97-$1.01 for the period, compared to the consensus earnings per share estimate of $0.99. The company issued revenue guidance of -.

4 employees have rated RPT Realty Chief Executive Officer Brian Harper on Glassdoor.com. Brian Harper has an approval rating of 75% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other RPT Realty investors own include CA (CA), Energy Transfer (ET), BlackRock (BLK), Endologix (ELGX), AT&T (T), AGNC Investment (AGNC), Chipotle Mexican Grill (CMG), Ford Motor (F), Annaly Capital Management (NLY) and Apollo Commercial Real Estate Finance (ARI).

RPT Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "RPT."

RPT Realty's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (19.26%), Macquarie Group Ltd. (8.75%), Macquarie Group Ltd. (8.75%), State Street Corp (6.47%), Wellington Management Group LLP (5.46%) and Frontier Capital Management Co. LLC (2.18%). Insiders that own company stock include Heather Ohlberg, Lisa W Wardell, Michael Fitzmaurice, Raymond J Merk and Timothy Collier.
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Shares of RPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RPT stock can currently be purchased for approximately $9.25.

RPT Realty (NYSE:RPT) has a market capitalization of $801.88 million and generates $217.66 million in revenue each year. The real estate investment trust earns $84.05 million in net income (profit) each year or $0.81 on an earnings per share basis.

The company employs 125 workers across the globe.

RPT Realty's mailing address is 19 W 44TH STREET SUITE 1002, NEW YORK NY, 10036. The official website for the company is www.rptrealty.com. The real estate investment trust can be reached via phone at (212) 221-1261, via email at invest@rptrealty.com, or via fax at 248-350-9925.