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

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$11.45 -0.18 (-1.55 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$11.63
Today's Range$11.39 - $11.53
52-Week Range$11.15 - $14.42
Volume510,751 shs
Average Volume826,834 shs
Market Capitalization$917.77 million
P/E Ratio8.48
Dividend Yield7.57%
Beta0.76
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 September 30, 2018, the Company's portfolio consisted of 57 shopping centers (including 1 shopping center owned through a joint venture) representing 13.8 million square feet. As of September 30, 2018, the Company's aggregate portfolio was 94.2% leased.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP75145220
Phone212-221-1261

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$260.62 million
Cash Flow$1.3056 per share
Book Value$9.22 per share

Profitability

Net Income$17.62 million

Miscellaneous

EmployeesN/A
Market Cap$917.77 million
Next Earnings Date5/1/2019 (Confirmed)
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 Tuesday, February 5th. Shareholders of record on Wednesday, March 20th will be paid a dividend of $0.22 per share on Monday, April 1st. This represents a $0.88 dividend on an annualized basis and a yield of 7.69%. The ex-dividend date is Tuesday, March 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) posted its earnings results on Wednesday, February, 20th. The real estate investment trust reported ($0.07) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.30 by $0.37. The real estate investment trust had revenue of $63.72 million for the quarter, compared to analysts' expectations of $63.30 million. Ramco-Gershenson Properties Trust had a net margin of 6.76% and a return on equity of 2.30%. 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, May 1st 2019. View Earnings Estimates for Ramco-Gershenson Properties Trust.

How can I listen to Ramco-Gershenson Properties Trust's earnings call?

Ramco-Gershenson Properties Trust will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8777056003.

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

Ramco-Gershenson Properties Trust updated its FY19 earnings guidance on Wednesday, February, 20th. The company provided EPS guidance of $1.03-1.07 for the period, compared to the Thomson Reuters consensus estimate of $1.16. Ramco-Gershenson Properties Trust also updated its FY 2019 guidance to $1.03-1.07 EPS.

What price target have analysts set for RPT?

4 brokers have issued twelve-month price objectives for Ramco-Gershenson Properties Trust's shares. Their predictions range from $12.00 to $15.00. On average, they expect Ramco-Gershenson Properties Trust's share price to reach $12.75 in the next year. This suggests a possible upside of 11.4% 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?

4 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, 2 hold ratings and 1 buy rating 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, "RPT Realty operates as a real estate investment trust. The Company owns, develops, acquires, manages and leases regional malls, community shopping centers and single tenant properties. RPT Realty, formerly known as Ramco-Gershenson Properties Trust, is based in New York, United States. " (3/12/2019)
  • 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?

News headlines about RPT stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ramco-Gershenson Properties Trust earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the company's share price in the next several days.

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), Energy Transfer LP Unit (ET), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), CBL & Associates Properties (CBL), Zoetis (ZTS) and Transocean (RIG).

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 60)
  • Mr. Brian L. Harper, Pres, CEO & Trustee (Age 43)
  • Mr. Michael P. Fitzmaurice, Exec. VP, CFO & Sec.
  • Mr. Raymond J. Merk, Sr. VP & Chief Accounting Officer (Age 60)
  • Mr. Vincent Chao, VP of Fin.

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

Ramco-Gershenson Properties Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Macquarie Group Ltd. (10.29%), Strs Ohio (0.17%) and Flinton Capital Management LLC (0.00%). 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 major investors are buying Ramco-Gershenson Properties Trust stock?

RPT stock was bought by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Strs Ohio and Flinton Capital Management LLC. Company insiders that have bought Ramco-Gershenson Properties Trust stock in the last two years include Brian Harper, David J Nettina, Dennis Earl Gershenson, Laurie M Shahon and Michael Fitzmaurice. 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 $11.45.

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

Ramco-Gershenson Properties Trust has a market capitalization of $917.77 million 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.

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 19 W 44th St. 10th Floor Ste 1002, New York NY, 10036. The real estate investment trust can be reached via phone at 212-221-1261 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:  182 (Vote Outperform)
Underperform Votes:  283 (Vote Underperform)
Total Votes:  465
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 3/19/2019 by MarketBeat.com Staff

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