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

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$13.61 +0.12 (+0.89 %)
(As of 11/12/2018 04:00 PM ET)
Previous Close$13.49
Today's Range$13.55 - $13.80
52-Week Range$11.15 - $15.00
Volume672,252 shs
Average Volume608,091 shs
Market Capitalization$1.08 billion
P/E Ratio10.01
Dividend Yield6.48%
Beta0.52
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
Current SymbolNYSE:RPT
Previous Symbol
CUSIP75145220
Phone248-350-9900

Debt

Debt-to-Equity Ratio1.37
Current Ratio0.57
Quick Ratio0.57

Price-To-Earnings

Trailing P/E Ratio10.01
Forward P/E Ratio9.93
P/E Growth2.15

Sales & Book Value

Annual Sales$265.08 million
Price / Sales4.12
Cash Flow$2.0559 per share
Price / Cash6.62
Book Value$9.54 per share
Price / Book1.43

Profitability

EPS (Most Recent Fiscal Year)$1.36
Net Income$69.06 million
Net Margins16.33%
Return on Equity5.47%
Return on Assets2.09%

Miscellaneous

Employees122
Outstanding Shares80,150,000
Market Cap$1.08 billion
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 announced a quarterly dividend on Tuesday, October 30th. Shareholders of record on Thursday, December 20th will be given a dividend of $0.22 per share on Wednesday, January 2nd. This represents a $0.88 annualized dividend and a yield of 6.47%. The ex-dividend date of this dividend is Wednesday, December 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 quarterly earnings data on Wednesday, October, 31st. The real estate investment trust reported $0.10 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.03 by $0.07. The real estate investment trust had revenue of $64.22 million for the quarter, compared to analyst estimates of $62.37 million. Ramco-Gershenson Properties Trust had a return on equity of 5.47% and a net margin of 16.33%. The firm's revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.34 EPS. 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 Tuesday, February 19th 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 updated its FY18 earnings guidance on Wednesday, October, 31st. The company provided earnings per share guidance of $1.35-1.37 for the period, compared to the Thomson Reuters consensus estimate of $1.35.

What price target have analysts set for RPT?

6 brokerages have issued 1-year target prices 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 stock price to reach $13.00 in the next year. This suggests that the stock has a possible downside of 4.5%. View Analyst Price Targets for Ramco-Gershenson Properties Trust.

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

6 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, 3 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)

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

Media headlines about RPT stock have been trending negative this week, InfoTrie reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Ramco-Gershenson Properties Trust earned a news impact score of -2.6 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the company's share price in the next several days.

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 variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (19.04%), Massachusetts Financial Services Co. MA (4.10%), Bank of New York Mellon Corp (1.73%), Frontier Capital Management Co. LLC (1.06%), JPMorgan Chase & Co. (0.96%) and Prudential Financial Inc. (0.63%). 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 Massachusetts Financial Services Co. MA, Prudential Financial Inc., Virginia Retirement Systems ET AL, Nisa Investment Advisors LLC, Forsta AP Fonden, Piermont Capital Management Inc., Systematic Financial Management LP and Comerica Bank. 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 Frontier Capital Management Co. LLC, LSV Asset Management, BlackRock Inc., CIBC World Markets Inc., Martingale Asset Management L P, JPMorgan Chase & Co., Bank of New York Mellon Corp and TCW Group Inc.. 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 $13.61.

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

Ramco-Gershenson Properties Trust has a market capitalization of $1.08 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:  266 (Vote Underperform)
Total Votes:  439
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 11/12/2018 by MarketBeat.com Staff

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