Ramco-Gershenson Properties Trust Company Profile (NYSE:RPT)

About Ramco-Gershenson Properties Trust (NYSE:RPT)

Ramco-Gershenson Properties Trust logoRamco-Gershenson Properties Trust is an equity real estate investment trust. The Company's primary business is the ownership, management, redevelopment, development and operation of retail shopping centers. As of December 31, 2016, it owned and managed multi-anchored shopping centers in 12 metropolitan markets in the United States. It conducts its business through its operating partnership, Ramco-Gershenson Properties, L.P. It invests in large, multi-anchored shopping centers that include national chain store tenants and supermarket tenants. National chain anchor tenants in its centers include, among others, Bed Bath and Beyond, Dick's Sporting Goods, and Home Depot. Supermarket anchor tenants in its centers include, among others, Publix Super Market, Whole Foods, Kroger and Sprouts. Its shopping centers are located in metropolitan markets, such as Metro Detroit, Southeast Florida, Greater Denver, Cincinnati, St. Louis, Jacksonville, Tampa/Lakeland, Milwaukee, Chicago and Atlanta.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Retail
  • Sub-Industry: Retail REITs
  • Symbol: NYSE:RPT
  • CUSIP: 75145220
  • Web: www.ramcogershenson.com
Capitalization:
  • Market Cap: $1.03 billion
  • Outstanding Shares: 79,343,000
Average Prices:
  • 50 Day Moving Avg: $13.53
  • 200 Day Moving Avg: $15.34
  • 52 Week Range: $12.28 - $20.24
P/E:
  • Trailing P/E Ratio: 19.52
  • Foreward P/E Ratio: 44.90
  • P/E Growth: 10.70
Sales & Book Value:
  • Annual Revenue: $262.65 million
  • Price / Sales: 3.93
  • Book Value: $9.74 per share
  • Price / Book: 1.34
Dividend:
  • Annual Dividend: $0.88
  • Dividend Yield: 6.9%
Profitability:
  • EBIDTA: $164.64 million
  • Net Margins: 25.44%
  • Return on Equity: 8.35%
  • Return on Assets: 3.24%
Debt:
  • Current Ratio: 0.04%
  • Quick Ratio: 0.04%
Misc:
  • Average Volume: 1.23 million shs.
  • Beta: 0.7
  • Short Ratio: 4.46
 

Frequently Asked Questions for Ramco-Gershenson Properties Trust (NYSE:RPT)

What is Ramco-Gershenson Properties Trust's stock symbol?

Ramco-Gershenson Properties Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "RPT."

How often does Ramco-Gershenson Properties Trust pay dividends? What is the dividend yield for Ramco-Gershenson Properties Trust?

Ramco-Gershenson Properties Trust declared a quarterly dividend on Thursday, May 18th. Investors of record on Tuesday, June 20th will be paid a dividend of $0.22 per share on Monday, July 3rd. This represents a $0.88 dividend on an annualized basis and a yield of 6.76%. The ex-dividend date is Friday, June 16th. View Ramco-Gershenson Properties Trust's Dividend History.

How were Ramco-Gershenson Properties Trust's earnings last quarter?

Ramco-Gershenson Properties Trust (NYSE:RPT) issued its earnings results on Tuesday, February, 21st. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.28. The company earned $64.45 million during the quarter, compared to analyst estimates of $65.35 million. Ramco-Gershenson Properties Trust had a net margin of 25.44% and a return on equity of 8.35%. During the same period last year, the business posted $0.34 earnings per share. View Ramco-Gershenson Properties Trust's Earnings History.

When will Ramco-Gershenson Properties Trust make its next earnings announcement?

Ramco-Gershenson Properties Trust is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for Ramco-Gershenson Properties Trust.

Where is Ramco-Gershenson Properties Trust's stock going? Where will Ramco-Gershenson Properties Trust's stock price be in 2017?

6 brokerages have issued 1 year price objectives for Ramco-Gershenson Properties Trust's stock. Their predictions range from $17.00 to $22.00. On average, they anticipate Ramco-Gershenson Properties Trust's stock price to reach $19.58 in the next year. View Analyst Ratings for Ramco-Gershenson Properties Trust.

Are investors shorting Ramco-Gershenson Properties Trust?

Ramco-Gershenson Properties Trust saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 3,874,244 shares, an increase of 57.0% from the April 28th total of 2,467,448 shares. Based on an average daily trading volume, of 2,536,156 shares, the short-interest ratio is presently 1.5 days. Approximately 5.1% of the company's shares are sold short.

Who are some of Ramco-Gershenson Properties Trust's key competitors?

Who owns Ramco-Gershenson Properties Trust stock?

Ramco-Gershenson Properties Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.71%), BlackRock Inc. (13.09%), Wellington Management Group LLP (5.77%), Macquarie Group Ltd. (5.37%), Alliancebernstein L.P. (3.31%) and State Street Corp (3.29%). View Institutional Ownership Trends for Ramco-Gershenson Properties Trust.

Who sold Ramco-Gershenson Properties Trust stock? Who is selling Ramco-Gershenson Properties Trust stock?

Ramco-Gershenson Properties Trust's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of New York Mellon Corp, Renaissance Technologies LLC, OppenheimerFunds Inc., JPMorgan Chase & Co., Ameriprise Financial Inc., Ngam Advisors L.P. and Goldman Sachs Group Inc.. View Insider Buying and Selling for Ramco-Gershenson Properties Trust.

Who bought Ramco-Gershenson Properties Trust stock? Who is buying Ramco-Gershenson Properties Trust stock?

Ramco-Gershenson Properties Trust's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Wellington Management Group LLP, Waterfront Capital Partners LLC, KRV Capital LP, Macquarie Group Ltd., Citadel Advisors LLC, Bank of America Corp DE and Vanguard Group Inc.. View Insider Buying and Selling for Ramco-Gershenson Properties Trust.

How do I buy Ramco-Gershenson Properties Trust stock?

Shares of Ramco-Gershenson Properties Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Ramco-Gershenson Properties Trust stock cost?

One share of Ramco-Gershenson Properties Trust stock can currently be purchased for approximately $13.02.

Analyst Ratings

Consensus Ratings for Ramco-Gershenson Properties Trust (NYSE:RPT) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $19.58 (50.41% upside)

Analysts' Ratings History for Ramco-Gershenson Properties Trust (NYSE:RPT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/22/2017Stifel NicolausLower Price TargetBuy -> Buy$21.00 -> $19.00N/AView Rating Details
1/9/2017Deutsche Bank AGDowngradeBuy -> Hold$21.00 -> $17.00N/AView Rating Details
11/9/2016Jefferies Group LLCReiterated RatingBuyN/AView Rating Details
8/5/2016WunderlichBoost Price TargetBuy$20.00 -> $21.50N/AView Rating Details
7/19/2016Robert W. BairdDowngradeOutperform -> Neutral$20.00N/AView Rating Details
6/28/2016Boenning ScattergoodDowngradeNeutral -> Underperform$18.00N/AView Rating Details
4/1/2016DA DavidsonInitiated CoverageBuy$22.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Ramco-Gershenson Properties Trust (NYSE:RPT)
Earnings by Quarter for Ramco-Gershenson Properties Trust (NYSE:RPT)
Earnings History by Quarter for Ramco-Gershenson Properties Trust (NYSE:RPT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/31/2017        
2/21/2017Q4 2016$0.05$0.33$65.35 million$64.45 millionViewN/AView Earnings Details
11/1/2016Q3$0.34$0.34$64.53 million$64.08 millionViewN/AView Earnings Details
8/2/2016Q2$0.34$0.35$65.76 million$65.90 millionViewN/AView Earnings Details
5/3/2016Q1$0.34$0.34$65.89 million$66.51 millionViewN/AView Earnings Details
2/23/2016Q4$0.34$0.34$65.15 million$68.58 millionViewListenView Earnings Details
10/27/2015Q3$0.32$0.33$61.66 million$64.06 millionViewListenView Earnings Details
7/21/2015Q2$0.31$0.31$59.30 million$59.74 millionViewListenView Earnings Details
4/21/2015Q115$0.33$0.36$61.10 million$59.40 millionViewN/AView Earnings Details
2/10/2015Q414$0.32$0.33$57.70 million$62.20 millionViewN/AView Earnings Details
10/21/2014Q314$0.32$0.32$51.82 million$55.14 millionViewN/AView Earnings Details
7/22/2014$0.30$0.31$49.22 million$49.93 millionViewN/AView Earnings Details
4/22/2014$0.30$0.30$49.16 million$50.13 millionViewN/AView Earnings Details
2/11/2014Q413$0.28$0.29$46.12 million$48.02 millionViewN/AView Earnings Details
4/23/2013Q113$0.28$0.31$33.17 million$34.52 millionViewN/AView Earnings Details
2/12/2013Q412$0.25$0.27$32.38 million$34.14 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ramco-Gershenson Properties Trust (NYSE:RPT)
2017 EPS Consensus Estimate: $1.35
2018 EPS Consensus Estimate: $1.40
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.34$0.34$0.34
Q2 20174$0.34$0.35$0.35
Q3 20174$0.33$0.34$0.34
Q4 20174$0.32$0.34$0.33
Q1 20182$0.34$0.34$0.34
Q2 20182$0.34$0.35$0.35
Q3 20182$0.35$0.36$0.36
Q4 20182$0.36$0.36$0.36
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ramco-Gershenson Properties Trust (NYSE:RPT)
Next Dividend:7/3/2017
Annual Dividend:$0.88
Dividend Yield:6.76%
Dividend Growth:7.10% (3 Year Average)
Payout Ratio:115.79% (Trailing 12 Months of Earnings)
366.67% (Based on This Year's Estimates)
303.45% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Ramco-Gershenson Properties Trust (NYSE:RPT)

Dividend History by Quarter for Ramco-Gershenson Properties Trust (NYSE:RPT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/18/2017quarterly$0.226.93%6/16/20176/20/20177/3/2017
3/8/2017quarterly$0.226.22%3/16/20173/20/20174/3/2017
12/6/2016quarterly$0.225.19%12/16/201612/20/20161/3/2017
9/7/2016Quarterly$0.229/16/20169/20/201610/1/2016
5/25/2016Quarterly$0.216/16/20166/20/20167/1/2016
3/4/2016Quarterly$0.213/17/20163/21/20164/1/2016
11/10/2015Quarterly$0.2112/17/201512/21/20151/4/2016
8/10/2015$0.219/17/20159/21/201510/1/2015
5/8/2015quarterly$0.204.51%6/17/20156/19/20157/1/2015
2/25/2015quarterly$0.204.27%3/18/20153/20/20154/1/2015
11/11/2014quarterly$0.204.58%12/17/201412/19/20141/2/2015
9/3/2014quarterly$0.204.7%9/17/20149/19/201410/1/2014
5/14/2014quarterly$0.194.6%6/18/20146/20/20147/1/2014
2/26/2014quarterly$0.194.5%3/18/20143/20/20144/1/2014
11/20/2013quarterly$0.194.67%12/18/201312/20/20131/2/2014
9/5/2013quarterly$0.195.15%9/18/20139/20/201310/1/2013
5/16/2013quarterly$0.173.86%6/18/20136/20/20137/1/2013
2/26/2013quarterly$0.174.37%3/18/20133/20/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ramco-Gershenson Properties Trust (NYSE:RPT)
Insider Ownership Percentage: 3.72%
Insider Trades by Quarter for Ramco-Gershenson Properties Trust (NYSE:RPT)
Institutional Ownership by Quarter for Ramco-Gershenson Properties Trust (NYSE:RPT)
Insider Trades by Quarter for Ramco-Gershenson Properties Trust (NYSE:RPT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/4/2015Claudio GhersinichDirectorBuy5,500$0.30$1,650.00
12/4/2014Abdel Fattah BadwiDirectorBuy23,000$0.30$6,900.00
12/3/2014Abdel Fattah BadwiDirectorBuy50,000$0.30$15,000.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ramco-Gershenson Properties Trust (NYSE:RPT)
Latest Headlines for Ramco-Gershenson Properties Trust (NYSE:RPT)
Source:
DateHeadline
americanbankingnews.com logoRamco-Gershenson Properties Trust (RPT) Plans Quarterly Dividend of $0.22
www.americanbankingnews.com - May 18 at 5:54 PM
globenewswire.com logoRamco-Gershenson Properties Trust Announces Second Quarter 2017 Common and Preferred Share Dividends
globenewswire.com - May 18 at 10:57 AM
finance.yahoo.com logoRamco-Gershenson Properties Trust Announces Second Quarter 2017 Common and Preferred Share Dividends
finance.yahoo.com - May 17 at 7:31 PM
americanbankingnews.com logoBrokers Offer Predictions for Ramco-Gershenson Properties Trust's FY2017 Earnings (RPT)
www.americanbankingnews.com - May 8 at 9:41 AM
americanbankingnews.com logoAnalysts Set Ramco-Gershenson Properties Trust (RPT) Target Price at $19.10
www.americanbankingnews.com - May 6 at 12:51 AM
finance.yahoo.com logoRamco-Gershenson Properties Set to Join S&P SmallCap 600
finance.yahoo.com - May 5 at 7:54 PM
americanbankingnews.com logoRamco-Gershenson Properties Trust to Post Q3 2017 Earnings of $0.34 Per Share, DA Davidson Forecasts (RPT)
www.americanbankingnews.com - May 5 at 10:56 AM
americanbankingnews.com logoRamco-Gershenson Properties Trust to Post Q2 2017 Earnings of $0.35 Per Share, Boenning Scattergood Forecasts (RPT)
www.americanbankingnews.com - May 5 at 8:02 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for Ramco-Gershenson Properties Trust Reduced by Analyst (RPT)
www.americanbankingnews.com - May 4 at 1:34 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Likely to Impact Ramco-Gershenson Properties Trust (RPT) Share Price
www.americanbankingnews.com - May 4 at 1:10 AM
finance.yahoo.com logoEdited Transcript of RPT earnings conference call or presentation 3-May-17 1:00pm GMT
finance.yahoo.com - May 4 at 12:22 AM
bizjournals.com logoHomeGoods expands with new St. Louis-area location
www.bizjournals.com - May 3 at 7:21 PM
seekingalpha.com logoRamco Gershenson Properties Trust's (RPT) CEO Dennis Gershenson on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 3 at 7:21 PM
marketbeat.com logoRamco-Gershenson Properties reports 1Q results
marketbeat.com - May 2 at 5:45 PM
finance.yahoo.com logoRamco-Gershenson Properties Trust Reports Financial and Operating Results for the First Quarter 2017
finance.yahoo.com - May 2 at 5:25 PM
americanbankingnews.com logoRamco-Gershenson Properties Trust (RPT) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 2 at 4:30 PM
americanbankingnews.com logoZacks: Brokerages Expect Ramco-Gershenson Properties Trust (RPT) Will Announce Quarterly Sales of $65.97 Million
www.americanbankingnews.com - April 29 at 9:12 AM
americanbankingnews.com logoRamco-Gershenson Properties Trust (RPT) Set to Announce Earnings on Monday
www.americanbankingnews.com - April 29 at 7:38 AM
americanbankingnews.com logoRamco-Gershenson Properties Trust (RPT) Earning Somewhat Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 28 at 4:03 PM
americanbankingnews.com logoBrokers Set Expectations for Ramco-Gershenson Properties Trust's FY2018 Earnings (RPT)
www.americanbankingnews.com - April 27 at 4:36 PM
americanbankingnews.com logoRamco-Gershenson Properties Trust (RPT) Expected to Post Earnings of $0.35 Per Share
www.americanbankingnews.com - April 27 at 1:20 PM
americanbankingnews.com logoEquities Analysts Offer Predictions for Ramco-Gershenson Properties Trust's Q1 2018 Earnings (RPT)
www.americanbankingnews.com - April 26 at 3:54 PM
americanbankingnews.com logoRamco-Gershenson Properties Trust (RPT) to Post Q1 2017 Earnings of $0.34 Per Share, Jefferies Group Forecasts
www.americanbankingnews.com - April 18 at 9:44 AM
americanbankingnews.com logoRamco-Gershenson Properties Trust (RPT) Getting Somewhat Positive Press Coverage, Analysis Finds
www.americanbankingnews.com - April 13 at 12:26 PM
baystreet.ca logoRamco-Gershenson Properties Trust Announces First Quarter 2017 Earnings Release Date and Conference Call Information
www.baystreet.ca - April 10 at 9:23 AM
americanbankingnews.com logo$65.79 Million in Sales Expected for Ramco-Gershenson Properties Trust (RPT) This Quarter
www.americanbankingnews.com - April 8 at 10:32 AM
finance.yahoo.com logoRamco-Gershenson Properties Trust : RPT-US: Dividend Analysis : March 20th, 2017 (record date) : By the numbers : April 7, 2017
finance.yahoo.com - April 7 at 7:57 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Ramco-Gershenson Properties Trust
finance.yahoo.com - April 7 at 12:22 PM
americanbankingnews.com logo Brokerages Expect Ramco-Gershenson Properties Trust (RPT) Will Post Earnings of $0.35 Per Share
www.americanbankingnews.com - April 6 at 9:52 AM
americanbankingnews.com logoRamco-Gershenson Properties Trust (RPT) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 5 at 3:46 PM
americanbankingnews.com logoResearch Analysts Issue Forecasts for Ramco-Gershenson Properties Trust's Q1 2017 Earnings (RPT)
www.americanbankingnews.com - March 29 at 10:02 AM
americanbankingnews.com logoEquities Analysts Issue Forecasts for Ramco-Gershenson Properties Trust's FY2017 Earnings (RPT)
www.americanbankingnews.com - March 24 at 11:20 AM
americanbankingnews.com logoRamco-Gershenson Properties Trust (RPT) Forecasted to Earn FY2018 Earnings of $1.38 Per Share
www.americanbankingnews.com - March 23 at 12:43 PM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: CBL & Associates Properties, Macerich, Pennsylvania Real Estate Investment Trust and Ramco-Gershenson Properties Trust
finance.yahoo.com - March 21 at 10:30 AM
nasdaq.com logoRamco-Gershenson Properties Trust (RPT) Ex-Dividend Date Scheduled for March ...
www.nasdaq.com - March 15 at 7:50 PM
americanbankingnews.com logoRamco-Gershenson Properties Trust (RPT) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - March 14 at 9:58 AM
finance.yahoo.com logoRamco-gershenson Properties Trust Announces First Quarter 2017 Common and Preferred Share Dividends
finance.yahoo.com - March 7 at 7:29 PM
biz.yahoo.com logoRAMCO GERSHENSON PROPERTIES TRUST Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 2 at 7:43 PM
finance.yahoo.com logoRAMCO GERSHENSON PROPERTIES TRUST Financials
finance.yahoo.com - March 2 at 7:43 PM
biz.yahoo.com logoRAMCO GERSHENSON PROPERTIES TRUST Files SEC form 10-K, Annual Report
biz.yahoo.com - February 24 at 8:00 AM
us.rd.yahoo.com logo4:18 pm Ramco-Gershenson misses by $0.01; guides FY17 FFO below consensus
us.rd.yahoo.com - February 23 at 8:22 AM
finance.yahoo.com logoEdited Transcript of RPT earnings conference call or presentation 22-Feb-17 2:00pm GMT
finance.yahoo.com - February 23 at 12:46 AM
seekingalpha.com logoRamco-Gershenson Properties Trust's (RPT) CEO Dennis Gershenson on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 22 at 7:45 PM
biz.yahoo.com logoQ4 2016 Ramco-Gershenson Properties Trust Earnings Release - After Market Close
us.rd.yahoo.com - February 21 at 5:15 PM
bizjournals.com logoPopular shopping center sold for top-10 price
us.rd.yahoo.com - February 21 at 5:15 PM
us.rd.yahoo.com logoRamco-Gershenson Properties Trust Reports Financial and Operating Results for the Fourth Quarter and Year-End 2016 and Provides Guidance for 2017
us.rd.yahoo.com - February 21 at 5:15 PM
finance.yahoo.com logoRamco-Gershenson Properties Trust Announces 2016 Year End Tax Reporting Information
finance.yahoo.com - January 27 at 2:27 AM
thestreet.com logoSeptember 15th Options Now Available For Ramco-Gershenson Properties Trust (RPT)
www.thestreet.com - January 23 at 7:55 PM
finance.yahoo.com logoRamco-Gershenson Properties Trust Announces Conference Call and Investor Calendar Information
finance.yahoo.com - January 12 at 8:55 PM
nasdaq.com logoRamco-Gershenson Properties Trust's Series D Preferred Shares Yield Pushes Past 6%
www.nasdaq.com - December 20 at 7:25 PM

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Chart

Ramco-Gershenson Properties Trust (RPT) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff