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

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$12.57 -0.07 (-0.55 %)
(As of 05/24/2019 07:13 AM ET)
Previous Close$12.64
Today's Range$12.58 - $12.6150
52-Week Range$11.26 - $14.42
Volume546,510 shs
Average Volume681,509 shs
Market Capitalization$1.01 billion
P/E Ratio9.31
Dividend Yield6.96%
Beta0.75
RPT Realty owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The Company's locally-curated consumer experiences reflect the lifestyles of its diverse neighborhoods and match the modern expectations of its retail partners. The Company is a fully integrated and self-administered REIT publicly traded on the New York Stock Exchange under the ticker symbol RPT. As of March 31, 2019, the Company's portfolio consisted of 49 shopping centers (including 1 shopping center owned through a joint venture) representing 11.9 million square feet. As of March 31, 2019, the Company's aggregate portfolio was 94.8% leased.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP75145220
Phone248-350-9900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$260.62 million
Cash Flow$1.3190 per share
Book Value$9.08 per share

Profitability

Net Income$17.62 million

Miscellaneous

Employees95
Market Cap$1.01 billion
Next Earnings Date8/14/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Monday, April 29th. Shareholders of record on Thursday, June 20th will be given a dividend of $0.22 per share on Monday, July 1st. This represents a $0.88 annualized dividend and a yield of 7.00%. The ex-dividend date of this dividend is Wednesday, June 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) released its earnings results on Wednesday, May, 1st. The real estate investment trust reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.26 by $0.15. The real estate investment trust earned $59.70 million during the quarter, compared to the consensus estimate of $60.31 million. Ramco-Gershenson Properties Trust had a net margin of 8.06% and a return on equity of 2.76%. The business's quarterly revenue was down 4.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.32 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, August 14th 2019. View Earnings Estimates for Ramco-Gershenson Properties Trust.

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

Ramco-Gershenson Properties Trust issued an update on its FY19 earnings guidance on Wednesday, May, 1st. The company provided earnings per share (EPS) guidance of $1.04-1.07 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.06.

What price target have analysts set for RPT?

1 Wall Street analysts have issued 1-year price targets for Ramco-Gershenson Properties Trust's stock. Their predictions range from $15.00 to $15.00. On average, they anticipate Ramco-Gershenson Properties Trust's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 19.3% from the stock's current price. View Analyst Price Targets for Ramco-Gershenson Properties Trust.

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

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

Has Ramco-Gershenson Properties Trust been receiving favorable news coverage?

Media coverage about RPT stock has been trending positive this week, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ramco-Gershenson Properties Trust earned a media sentiment score of 2.6 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.

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

What other stocks do shareholders of Ramco-Gershenson Properties Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ramco-Gershenson Properties Trust investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Energy Transfer LP Unit (ET), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Transocean (RIG), Athabasca Oil (ATH) and CBL & Associates Properties (CBL).

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

Ramco-Gershenson Properties Trust's management team includes the folowing people:
  • Mr. Brian L. Harper, Pres, CEO & Trustee (Age 43)
  • Mr. Michael P. Fitzmaurice, Exec. VP & CFO (Age 40)
  • Mr. Raymond J. Merk, Sr. VP & Chief Accounting Officer (Age 60)
  • Ms. Catherine J. Clark, Exec. VP of Transactions (Age 60)
  • Mr. Timothy Collier, Exec. VP of Leasing (Age 45)

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

Ramco-Gershenson Properties Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include Strs Ohio (0.16%). Company insiders that own Ramco-Gershenson Properties Trust stock include Brian Harper, David J Nettina, Dennis Earl Gershenson, Joel M Pashcow, Laurie M Shahon and Michael Fitzmaurice. 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 Strs Ohio. 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 $12.57.

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

Ramco-Gershenson Properties Trust has a market capitalization of $1.01 billion and generates $260.62 million in revenue each year. The real estate investment trust earns $17.62 million in net income (profit) each year or $1.35 on an earnings per share basis. Ramco-Gershenson Properties Trust employs 95 workers across the globe.

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

The official website for Ramco-Gershenson Properties Trust is http://www.rptrealty.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:  191 (Vote Outperform)
Underperform Votes:  291 (Vote Underperform)
Total Votes:  482
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 5/24/2019 by MarketBeat.com Staff

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