RPT Realty (RPT) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RPT Realty in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research 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.
View RPT analyst ratings or view top-rated stocks.

4 equities research analysts have issued twelve-month price objectives for RPT Realty's stock. Their RPT share price forecasts range from $10.00 to $12.00. On average, they anticipate the company's stock price to reach $11.38 in the next year. This suggests a possible upside of 7.5% 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 stock has increased by 5.4% and is now trading at $10.58.
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RPT Realty saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,850,000 shares, an increase of 58.1% from the August 31st total of 1,170,000 shares. Based on an average trading volume of 1,190,000 shares, the short-interest ratio is presently 1.6 days. Currently, 2.4% of the company's shares are short sold.
View RPT Realty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our RPT earnings forecast.

RPT Realty will be holding an earnings conference call on Friday, November 3rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

RPT Realty (NYSE:RPT) announced its quarterly earnings results on Wednesday, May, 4th. The real estate investment trust reported $0.05 earnings per share 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 trailing twelve-month return on equity of 8.47% and a net margin of 34.72%. The business's quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.19 earnings per share.

RPT Realty declared a quarterly dividend on Thursday, July 27th. Investors of record on Wednesday, September 20th will be given a dividend of $0.14 per share on Monday, October 2nd. This represents a $0.56 dividend on an annualized basis and a yield of 5.29%. The ex-dividend date is Tuesday, September 19th.
Read our dividend analysis for RPT.

Cambria Global Real Estate ETF holds 26,600 shares of RPT stock, representing 1.21% of its portfolio.

RPT Realty (NYSE:RPT) pays an annual dividend of $0.56 per share and currently has a dividend yield of 5.35%. 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 76.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, RPT will have a dividend payout ratio of 54.37% 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 Thursday, August, 3rd. The company provided earnings per share guidance of $0.97-$1.01 for the period, compared to the consensus 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."

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 $10.58.

RPT Realty (NYSE:RPT) has a market capitalization of $918.03 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 $0.73 on an earnings per share basis.

The company employs 138 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.