NYSE:RPT - Ramco-Gershenson Properties Trust Stock Price, News, & Analysis

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$13.00 +0.12 (+0.93 %)
(As of 10/21/2018 01:21 PM ET)
Previous Close$13.00
Today's Range$12.87 - $13.07
52-Week Range$11.15 - $15.00
Volume451,662 shs
Average Volume694,725 shs
Market Capitalization$1.04 billion
P/E Ratio9.49
Dividend Yield6.77%
Beta0.57
RAMCO Properties (NYSE:RPT) is a premier, national publicly-traded shopping center real estate investment trust (REIT). The Company's primary business is the ownership and management of high-quality shopping centers primarily located in the largest metropolitan markets in the United States.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:RPT
CUSIP75145220
Phone248-350-9900

Debt

Debt-to-Equity Ratio1.33
Current Ratio0.43
Quick Ratio0.43

Price-To-Earnings

Trailing P/E Ratio9.49
Forward P/E Ratio9.42
P/E Growth2.05

Sales & Book Value

Annual Sales$265.08 million
Price / Sales3.93
Cash Flow$2.0376 per share
Price / Cash6.38
Book Value$9.99 per share
Price / Book1.30

Profitability

EPS (Most Recent Fiscal Year)$1.36
Net Income$69.06 million
Net Margins23.37%
Return on Equity7.83%
Return on Assets2.99%

Miscellaneous

Employees122
Outstanding Shares80,150,000
Market Cap$1.04 billion

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

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 announced a quarterly dividend on Monday, September 10th. Investors of record on Thursday, September 20th will be given a dividend of $0.22 per share on Monday, October 1st. This represents a $0.88 dividend on an annualized basis and a yield of 6.77%. The ex-dividend date is Wednesday, September 19th. 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 Wednesday, August, 8th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.33 by $0.20. The real estate investment trust earned $69.97 million during the quarter, compared to analyst estimates of $62.91 million. Ramco-Gershenson Properties Trust had a net margin of 23.37% and a return on equity of 7.83%. The business's revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.35 earnings per share. View Ramco-Gershenson Properties Trust's Earnings History.

When is Ramco-Gershenson Properties Trust's next earnings date?

Ramco-Gershenson Properties Trust is scheduled to release their next quarterly earnings announcement on Wednesday, October 31st 2018. View Earnings Estimates for Ramco-Gershenson Properties Trust.

How can I listen to Ramco-Gershenson Properties Trust's earnings call?

Ramco-Gershenson Properties Trust will be holding an earnings conference call on Thursday, November 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8777056003.

What guidance has Ramco-Gershenson Properties Trust issued on next quarter's earnings?

Ramco-Gershenson Properties Trust issued an update on its FY18 earnings guidance on Wednesday, August, 8th. The company provided EPS guidance of $1.35-1.39 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.32.

What price target have analysts set for RPT?

8 analysts have issued twelve-month price targets for Ramco-Gershenson Properties Trust's stock. Their forecasts range from $12.00 to $15.00. On average, they expect Ramco-Gershenson Properties Trust's share price to reach $13.00 in the next year. View Analyst Price Targets for Ramco-Gershenson Properties Trust.

What is the consensus analysts' recommendation for Ramco-Gershenson Properties Trust?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ramco-Gershenson Properties Trust in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ramco-Gershenson Properties Trust.

What are Wall Street analysts saying about Ramco-Gershenson Properties Trust stock?

Here are some recent quotes from research analysts about Ramco-Gershenson Properties Trust stock:
  • 1. According to Zacks Investment Research, "Ramco-Gershenson Properties Trust is engaged in the business of owning, developing, acquiring, managing and leasing community shopping centers, regional malls and single tenant retail properties, nationally. " (8/11/2018)
  • 2. Boenning Scattergood analysts commented, "We expect the new leadership will likely pursue a lower leverage strategy as RPT’s shares trade at a substantial discount to NAV. Based on our estimates, dispositions of $200-$300 million over the next 18 months would lower the company’s leverage by more than a full turn to around 6 times. Candidates for disposition would include the company’s remaining non-Detroit MSA properties in Michigan as well its smallest 20 assets – that taken together represent approximately $300 million of value – but this would likely be less efficient to manage and harder to expand or drive growth." (5/7/2018)

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

Who are Ramco-Gershenson Properties Trust's key executives?

Ramco-Gershenson Properties Trust's management team includes the folowing people:
  • Ms. Catherine J. Clark, Exec. VP of Transactions (Age 59)
  • Mr. Brian L. Harper, Pres, CEO & Trustee (Age 42)
  • Mr. Michael P. Fitzmaurice, Exec. VP, CFO & Sec.
  • Mr. Raymond J. Merk, Chief Accounting Officer (Age 59)
  • Mr. William Gershenson, MD of Western Portfolio & VP

Who are Ramco-Gershenson Properties Trust's major shareholders?

Ramco-Gershenson Properties Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include Strs Ohio (0.16%), State of Alaska Department of Revenue (0.06%) and Nisa Investment Advisors LLC (0.03%). Company insiders that own Ramco-Gershenson Properties Trust stock include Dennis Earl Gershenson and Joel M Pashcow. View Institutional Ownership Trends for Ramco-Gershenson Properties Trust.

Which institutional investors are selling Ramco-Gershenson Properties Trust stock?

RPT stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and Strs Ohio. View Insider Buying and Selling for Ramco-Gershenson Properties Trust.

Which institutional investors are buying Ramco-Gershenson Properties Trust stock?

RPT stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View Insider Buying and Selling for Ramco-Gershenson Properties Trust.

How do I buy shares of Ramco-Gershenson Properties Trust?

Shares of RPT 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 Ramco-Gershenson Properties Trust's stock price today?

One share of RPT stock can currently be purchased for approximately $13.00.

How big of a company is Ramco-Gershenson Properties Trust?

Ramco-Gershenson Properties Trust has a market capitalization of $1.04 billion and generates $265.08 million in revenue each year. The real estate investment trust earns $69.06 million in net income (profit) each year or $1.36 on an earnings per share basis. Ramco-Gershenson Properties Trust employs 122 workers across the globe.

What is Ramco-Gershenson Properties Trust's official website?

The official website for Ramco-Gershenson Properties Trust is http://www.ramcoproperties.com.

How can I contact Ramco-Gershenson Properties Trust?

Ramco-Gershenson Properties Trust's mailing address is 31500 NORTHWESTERN HWY SUITE 300, FARMINGTON HILLS MI, 48334. The real estate investment trust can be reached via phone at 248-350-9900 or via email at [email protected]


MarketBeat Community Rating for Ramco-Gershenson Properties Trust (NYSE RPT)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  173 (Vote Outperform)
Underperform Votes:  263 (Vote Underperform)
Total Votes:  436
MarketBeat's community ratings are surveys of what our community members think about Ramco-Gershenson Properties Trust and other stocks. Vote "Outperform" if you believe RPT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RPT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/21/2018 by MarketBeat.com Staff

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