Should I buy or sell RPT Realty stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RPT Realty in the last year. There are currently 2 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 .

What is RPT Realty's stock price target for 2024?

2 analysts have issued 12 month price targets for RPT Realty's shares. Their RPT share price targets range from $11.50 to $12.00. On average, they expect the company's share price to reach $11.83 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View analysts price targets for RPT or view top-rated stocks among Wall Street analysts .

How have RPT shares performed in 2023?

RPT Realty's stock was trading at $10.04 at the beginning of the year. Since then, RPT stock has increased by 15.3% and is now trading at $11.58. View the best growth stocks for 2023 here .

When is RPT Realty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our RPT earnings forecast .

How were RPT Realty's earnings last quarter?

RPT Realty (NYSE:RPT) posted its quarterly earnings results on Wednesday, May, 4th. The real estate investment trust reported $0.05 earnings per share 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 the consensus estimate of $54.80 million. RPT Realty had a net margin of 25.56% and a trailing twelve-month return on equity of 6.19%. The company's revenue was up 12.0% on a year-over-year basis. During the same period last year, the firm posted $0.19 earnings per share.

How often does RPT Realty pay dividends? What is the dividend yield for RPT Realty?

RPT Realty announced a quarterly dividend on Wednesday, October 25th. Investors of record on Thursday, December 7th will be given a dividend of $0.14 per share on Thursday, December 21st. This represents a $0.56 annualized dividend and a yield of 4.84%. The ex-dividend date of this dividend is Wednesday, December 6th. Read our dividend analysis for RPT .

Is RPT Realty a good dividend stock?

RPT Realty (NYSE:RPT) pays an annual dividend of $0.56 per share and currently has a dividend yield of 4.93%. 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 109.81%. 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 .

What ETF holds RPT Realty's stock ?

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

What is Brian Harper's approval rating as RPT Realty's CEO?

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.

What other stocks do shareholders of RPT Realty own?

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) .

Who are RPT Realty's major shareholders?

RPT Realty's stock is owned by a number of institutional and retail investors. Top institutional investors include Charles Schwab Investment Management Inc. (1.74%), Westchester Capital Management LLC (1.71%), JPMorgan Chase & Co. (1.58%), Northern Trust Corp (1.55%), Versor Investments LP (1.35%) and Alpine Associates Management Inc. (1.28%). Insiders that own company stock include Heather Ohlberg , Lisa W Wardell, Michael Fitzmaurice , Raymond J Merk and Timothy Collier . View institutional ownership trends .

How do I buy shares of RPT Realty?

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. Compare Top Brokerages Here .

RPT Realty Stock Price, News & Analysis (NYSE:RPT)

$11.58

+0.17 (+1.49%)

(As of 01:09 PM ET)

Compare

Today's Range: $11.49
▼
$11.65
50-Day Range: $9.87
▼
$11.41
52-Week Range: $8.62
▼
$11.67

Volume: 180,797 shs
Average Volume: 714,635 shs
Market Capitalization: $1.00 billion

P/E Ratio: 22.71
Dividend Yield: 4.84%
Price Target: $11.83

RPT Realty MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 2.2% Upside
$11.83 Price Target
Short Interest: Healthy
3.49% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.65
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 4.04%
From $0.99 to $1.03 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.93 out of 5 stars

Finance Sector

636th out of 855 stocks

Real Estate Investment Trusts Industry

131st out of 180 stocks

1.0

Analyst's Opinion

Consensus Rating
RPT Realty has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.83, RPT Realty has a forecasted upside of 2.2% from its current price of $11.58.
Amount of Analyst Coverage
RPT Realty has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
3.49% of the float of RPT Realty has been sold short.
Short Interest Ratio / Days to Cover
RPT Realty has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in RPT Realty has recently decreased by 10.16%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
RPT Realty is a leading dividend payer. It pays a dividend yield of 4.93%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
RPT Realty has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of RPT Realty is 109.81%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, RPT Realty will have a dividend payout ratio of 54.37% next year. This indicates that RPT Realty will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RPT.

1.5

News and Social Media Coverage

News Sentiment
RPT Realty has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for RPT Realty this week, compared to 2 articles on an average week.
Search Interest
Only 2 people have searched for RPT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RPT Realty insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.80% of the stock of RPT Realty is held by insiders.
Percentage Held by Institutions
93.91% of the stock of RPT Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for RPT Realty are expected to grow by 4.04% in the coming year, from $0.99 to $1.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of RPT Realty is 22.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of RPT Realty is 22.71, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.97.
Price to Earnings Growth Ratio
RPT Realty has a PEG Ratio of 2.90. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
RPT Realty has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About RPT Realty Stock (NYSE:RPT)

RPT Realty owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The Company's shopping centers offer diverse, locally-curated consumer experiences that reflect the lifestyles of their surrounding communities and meet the modern expectations of the Company's retail partners. The Company is a fully integrated and self-administered REIT publicly traded on the New York Stock Exchange (the "NYSE"). The common shares of the Company, par value $0.01 per share (the "common shares") are listed and traded on the NYSE under the ticker symbol "RPT". As of September 30, 2023, the Company's property portfolio (the "aggregate portfolio") consisted of 43 wholly-owned shopping centers, 13 shopping centers owned through its grocery-anchored joint venture, and 49 retail properties owned through its net lease joint venture, which together represent 14.9 million square feet of gross leasable area ("GLA"). As of September 30, 2023, the Company's pro-rata share of the aggregate portfolio was 93.5% leased.

RPT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RPT Stock News Headlines

November 27, 2023 | seekingalpha.com

Kimco: RPT Realty's Preferreds To Get Credit Quality Boost After Acquisition

November 26, 2023 | americanbankingnews.com

StockNews.com Begins Coverage on RPT Realty (NYSE:RPT)

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November 16, 2023 | detroitnews.com

Fans of beloved Farmington Hills arcade worry about impact of proposed shopping project

November 14, 2023 | markets.businessinsider.com

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates JVA, RPT, SLGC

November 14, 2023 | msn.com

RPT Realty declares $0.0544 dividend

November 13, 2023 | benzinga.com

Kimco Realty® Declares Special Cash Dividend of $0.09 Per Share of Common Stock

November 2, 2023 | finance.yahoo.com

RPT Realty Reports Q3 2023 Earnings: Net Loss of $7.9 Million, Operating FFO per Share at $0.24

November 29, 2023 | Tomorrow Investor (Ad)

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October 25, 2023 | msn.com

RPT Realty declares $0.14 dividend

October 25, 2023 | finance.yahoo.com

RPT Realty Declares Common and Preferred Share Dividends

September 27, 2023 | finance.yahoo.com

RPT Realty Announces Third Quarter 2023 Earnings Release Date

September 26, 2023 | markets.businessinsider.com

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NXGN, RPT, THRN, AGE

September 20, 2023 | msn.com

Agree Realty names Witteveen COO; current COO becomes chief growth officer

September 19, 2023 | finance.yahoo.com

Unmasking RPT Realty's Dividend Performance and Sustainability

September 18, 2023 | finance.yahoo.com

Agree Realty Promotes Nicole Witteveen to Chief Operating Officer

September 14, 2023 | benzinga.com

RPT Realty's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

September 3, 2023 | msn.com

Jobs Cooldown Permits Pivot

August 31, 2023 | seekingalpha.com

Retail M&A Heats Up With Kimco/RPT Merger

August 30, 2023 | msn.com

Raymond James Downgrades RPT Realty (RPT)

August 29, 2023 | msn.com

After Kimco buys RPT, further tie-ups await in the world of real estate investment trusts: analyst

August 29, 2023 | seekingalpha.com

Kimco Realty Gobbles Up RPT Realty In A Win-Win Transaction

August 29, 2023 | msn.com

RPT Realty (NYSE: RPT) Set to be Acquired by Kimco Realty in a $2 Billion All-Stock Deal

August 28, 2023 | msn.com

Kimco to acquire RPT Realty in $2 billion all-stock deal

August 28, 2023 | forbes.com

Kimco Deal The Latest Sign That Investors Like Retail Again

August 28, 2023 | finance.yahoo.com

Unveiling RPT Realty's Value: Is It Really Priced Right? A Comprehensive Guide

August 28, 2023 | finance.yahoo.com

Unraveling the Future of RPT Realty (RPT): A Deep Dive into Key Metrics

See More Headlines

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Company Calendar

Last Earnings: 5/04/2022
Ex-Dividend for 10/2 Dividend: 9/19/2023
Dividend Payable: 10/02/2023
Today: 11/29/2023
Ex-Dividend for 12/21 Dividend: 12/06/2023
Dividend Payable: 12/21/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/21/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: Retail REITs
Sector: Finance
Current Symbol: NYSE:RPT
CUSIP: 75145220
CIK: 842183
Web: www.rptrealty.com
Phone: (212) 221-1261
Fax: 248-350-9925
Employees: 138
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $11.83
High Stock Price Target: $12.00
Low Stock Price Target: $11.50
Potential Upside/Downside: +3.7%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.51
Trailing P/E Ratio: 22.37
Forward P/E Ratio: 11.53
P/E Growth: 2.88
Net Income: $84.05 million
Net Margins: 25.56%
Pretax Margin: 26.16%
Return on Equity: 6.19%
Return on Assets: 2.78%

Debt

Debt-to-Equity Ratio: 1.00
Current Ratio: 0.33
Quick Ratio: 0.33

Sales & Book Value

Annual Sales: $217.66 million
Price / Sales: 4.55
Cash Flow: $1.91 per share
Price / Cash Flow: 5.98
Book Value: $10.40 per share
Price / Book: 1.10

Miscellaneous

Outstanding Shares: 86,760,000
Free Float: 85,202,000
Market Cap: $989.93 million
Optionable: Optionable
Beta: 1.65

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Key Executives

Mr. Brian L. Harper (Age 47)
President, CEO & Trustee
Comp: $2.24M
Mr. Michael P. Fitzmaurice (Age 44)
Executive VP & CFO
Comp: $1.06M
Mr. Raymond J. Merk CPA (Age 64)
MBA, Senior VP & Chief Accounting Officer
Comp: $550.29k
Ms. Heather R. Ohlberg (Age 43)
Executive VP, General Counsel & Secretary
Comp: $804.52k
Mr. Timothy Collier (Age 49)
Executive Vice President of Leasing
Comp: $890.42k
Ms. Amy Sands
Executive VP & Head of Investments
Mr. Sam Raghavachari
Head of Technology
Ms. Deanna Cain
Head of Human Resources
Mr. Michael McBride
Senior Vice President of Asset Management
Mr. Vincent Chao C.F.A.
Managing Director of Finance & Investments

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

RPT Stock Analysis - Frequently Asked Questions

Should I buy or sell RPT Realty stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RPT Realty in the last year. There are currently 2 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.
What is RPT Realty's stock price target for 2024?: 2 analysts have issued 12 month price targets for RPT Realty's shares. Their RPT share price targets range from $11.50 to $12.00. On average, they expect the company's share price to reach $11.83 in the next year. This suggests a possible upside of 2.2% from the stock's current price.
View analysts price targets for RPT or view top-rated stocks among Wall Street analysts.
How have RPT shares performed in 2023?: RPT Realty's stock was trading at $10.04 at the beginning of the year. Since then, RPT stock has increased by 15.3% and is now trading at $11.58.
View the best growth stocks for 2023 here.
When is RPT Realty's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our RPT earnings forecast.
How were RPT Realty's earnings last quarter?: RPT Realty (NYSE:RPT) posted its quarterly earnings results on Wednesday, May, 4th. The real estate investment trust reported $0.05 earnings per share 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 the consensus estimate of $54.80 million. RPT Realty had a net margin of 25.56% and a trailing twelve-month return on equity of 6.19%. The company's revenue was up 12.0% on a year-over-year basis. During the same period last year, the firm posted $0.19 earnings per share.
How often does RPT Realty pay dividends? What is the dividend yield for RPT Realty?: RPT Realty announced a quarterly dividend on Wednesday, October 25th. Investors of record on Thursday, December 7th will be given a dividend of $0.14 per share on Thursday, December 21st. This represents a $0.56 annualized dividend and a yield of 4.84%. The ex-dividend date of this dividend is Wednesday, December 6th.
Read our dividend analysis for RPT.

Is RPT Realty a good dividend stock?: RPT Realty (NYSE:RPT) pays an annual dividend of $0.56 per share and currently has a dividend yield of 4.93%. 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 109.81%. 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.
What ETF holds RPT Realty's stock ?: Cambria Global Real Estate ETF holds 26,600 shares of RPT stock, representing 1.21% of its portfolio.
What is Brian Harper's approval rating as RPT Realty's CEO?: 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.
What other stocks do shareholders of RPT Realty own?: 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).
Who are RPT Realty's major shareholders?: RPT Realty's stock is owned by a number of institutional and retail investors. Top institutional investors include Charles Schwab Investment Management Inc. (1.74%), Westchester Capital Management LLC (1.71%), JPMorgan Chase & Co. (1.58%), Northern Trust Corp (1.55%), Versor Investments LP (1.35%) and Alpine Associates Management Inc. (1.28%). Insiders that own company stock include Heather Ohlberg, Lisa W Wardell, Michael Fitzmaurice, Raymond J Merk and Timothy Collier.
View institutional ownership trends.
How do I buy shares of RPT Realty?: 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.
Compare Top Brokerages Here.

This page (NYSE:RPT) was last updated on 11/29/2023 by MarketBeat.com Staff

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