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 1 year price targets for RPT Realty's stock. Their RPT share price forecasts range from $10.00 to $14.00. On average, they anticipate the company's stock price to reach $11.50 in the next twelve months. This suggests a possible upside of 28.5% from the stock's current price.
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RPT Realty's stock was trading at $10.04 at the start of the year. Since then, RPT stock has decreased by 10.9% and is now trading at $8.95.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our RPT earnings forecast.

RPT Realty will be holding an earnings conference call on Thursday, May 4th 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 "13737197".

RPT Realty (NYSE:RPT) announced its quarterly earnings data on Wednesday, May, 4th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.20. The real estate investment trust had revenue of $56.09 million for the quarter, compared to the consensus estimate of $54.80 million. RPT Realty had a net margin of 38.62% and a trailing twelve-month return on equity of 10.11%. RPT Realty'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 earnings per share.

RPT Realty announced a quarterly dividend on Thursday, February 9th. Stockholders of record on Monday, March 20th will be given a dividend of $0.14 per share on Monday, April 3rd. This represents a $0.56 annualized dividend and a dividend yield of 6.26%. The ex-dividend date of this dividend is Friday, March 17th. This is a boost from the stock's previous quarterly dividend of $0.13.
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), Vanguard S&P Small-Cap 600 Value ETF (VIOV), U.S. Diversified Real Estate ETF (PPTY), SPDR Dow Jones REIT ETF (RWR), First Trust S&P REIT Index Fund (FRI) and iShares Core U.S. REIT ETF (USRT).

RPT Realty (NYSE:RPT) pays an annual dividend of $0.56 per share and currently has a dividend yield of 6.38%. 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 64.37%. 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 updated its FY 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share (EPS) guidance of $0.97-$1.01 for the period, compared to the consensus earnings per share estimate of $1.01. 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 many different retail and institutional investors. Top institutional shareholders include Macquarie Group Ltd. (8.65%), Centersquare Investment Management LLC (8.33%), Geode Capital Management LLC (2.07%), Charles Schwab Investment Management Inc. (1.80%), Dimensional Fund Advisors LP (1.31%) and Legal & General Group Plc (0.85%). Insiders that own company stock include Heather Ohlberg, Lisa W Wardell, Michael Fitzmaurice, Raymond J Merk, Richard L Federico 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 $8.95.

RPT Realty (NYSE:RPT) has a market capitalization of $775.16 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 $0.87 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.