NYSE:RPTRPT Realty Stock Price, Forecast & News

$7.50

+0.73 (+10.78 %)

(As of 06/3/2020 12:04 PM ET)

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Today's Range

$7.00

Now: $7.50▼

$7.53

50-Day Range

$5.09

MA: $5.85▼

$7.12

52-Week Range

$4.61

Now: $7.50▼

$15.18

Volume23,227 shs

Average Volume948,539 shs

Market Capitalization$604.43 million

P/E Ratio8.62

Dividend Yield13.73%

Beta1.29

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.

Beat the Market (BTM) Rank^™

2.9 Analyst's Opinion

Consensus Rating
RPT Realty has received a consensus rating of Hold. The company's average rating score is 1.75, and is based on 1 buy rating, 1 hold rating, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.88, RPT Realty has a potential upside of 31.7% from its current price of $7.50.
Amount of Analyst Coverage
RPT Realty has only been the subject of 3 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
RPT Realty has received 245 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
RPT Realty has received 361 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
RPT Realty has received 59.57% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about RPT Realty 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.

1.7 Dividend Strength

Dividend Leadership
RPT Realty is a leading dividend payer. It pays a dividend yield of 13.73%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
RPT Realty does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of RPT Realty is 81.48 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, RPT Realty will have a dividend payout ratio of 94.62 % in the coming year. This indicates that RPT Realty may not be able to sustain their current dividend.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RPT Realty insiders have bought more of their company's stock than they have sold. Specifically, they have bought $45,220.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.84% of the stock of RPT Realty is held by insiders.

2.5 Earnings and Valuation

Earnings Growth
Earnings for RPT Realty are expected to grow by 5.68% in the coming year, from $0.88 to $0.93 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of RPT Realty is 8.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.05.
Price to Earnings Ratio vs. Sector
The P/E ratio of RPT Realty is 8.62, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.55.
Price to Earnings Growth Ratio
RPT Realty has a PEG Ratio of 4.13. 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 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.41 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustryRetail REITs

SectorFinance

Current SymbolNYSE:RPT

Previous Symbol

CUSIP75145220

CIK842183

Webwww.rptrealty.com

Phone212-221-1261

Debt

Debt-to-Equity Ratio1.61

Current Ratio5.61

Quick Ratio5.61

Price-To-Earnings

Trailing P/E Ratio8.62

Forward P/E Ratio8.52

P/E Growth4.13

Sales & Book Value

Annual Sales$234.09 million

Price / Sales2.58

Cash Flow$2.40 per share

Price / Cash Flow3.13

Book Value$9.40 per share

Price / Book0.80

Profitability

EPS (Most Recent Fiscal Year)$1.08

Net Income$91.51 million

Net Margins35.82%

Return on Equity11.29%

Return on Assets4.19%

Miscellaneous

Employees95

Outstanding Shares80,590,000

Market Cap$604.43 million

Next Earnings Date8/4/2020 (Confirmed)

OptionableOptionable

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RPT Realty (NYSE:RPT) Frequently Asked Questions

How has RPT Realty's stock been impacted by COVID-19 (Coronavirus)?

RPT Realty's stock was trading at $11.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RPT shares have decreased by 34.4% and is now trading at $7.50. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of RPT Realty?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPT Realty in the last year. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for RPT Realty.

When is RPT Realty's next earnings date?

RPT Realty is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for RPT Realty.

How can I listen to RPT Realty's earnings call?

RPT Realty will be holding an earnings conference call on Tuesday, August 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were RPT Realty's earnings last quarter?

RPT Realty (NYSE:RPT) posted its earnings results on Monday, May, 11th. The real estate investment trust reported ($0.02) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.26 by $0.28. The real estate investment trust earned $52.88 million during the quarter, compared to analyst estimates of $58.05 million. RPT Realty had a return on equity of 11.29% and a net margin of 35.82%. View RPT Realty's earnings history.

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

RPT Realty declared a quarterly dividend on Friday, February 21st. Shareholders of record on Friday, March 20th will be given a dividend of $0.22 per share on Wednesday, April 1st. This represents a $0.88 annualized dividend and a dividend yield of 11.73%. The ex-dividend date of this dividend is Thursday, March 19th. View RPT Realty's dividend history.

What price target have analysts set for RPT?

4 brokerages have issued 1-year price objectives for RPT Realty's stock. Their forecasts range from $6.50 to $17.00. On average, they expect RPT Realty's stock price to reach $9.88 in the next year. This suggests a possible upside of 31.7% from the stock's current price. View analysts' price targets for RPT Realty.

Has RPT Realty been receiving favorable news coverage?

News coverage about RPT stock has been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. RPT Realty earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next several days. View the latest news aboutRPT Realty.

Who are some of RPT Realty's key competitors?

Some companies that are related to RPT Realty include Simon Property Group (SPG), Realty Income (O), Regency Centers (REG), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Kimco Realty (KIM), Agree Realty (ADC), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Alexander's (ALX), Retail Properties of America (RPAI), Retail Opportunity Investments (ROIC), Getty Realty (GTY), Acadia Realty Trust (AKR) and Macerich (MAC). View all competitors.

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), Endologix (ELGX), BlackRock (BLK), Energy Transfer LP Unit (ET), AT&T (T), Chipotle Mexican Grill (CMG), Physicians Realty Trust (DOC), NIC (EGOV), Ford Motor (F) and AGNC Investment (AGNC).

Who are RPT Realty's key executives?

RPT Realty's management team includes the following 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)

What is RPT Realty's stock symbol?

RPT Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "RPT."

Who are RPT Realty's major shareholders?

RPT Realty's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.26%), Wellington Management Group LLP (8.55%), State Street Corp (5.63%), Weiss Multi Strategy Advisers LLC (2.59%), NWQ Investment Management Company LLC (2.21%) and Frontier Capital Management Co. LLC (1.96%). Company insiders that own RPT Realty stock include Brian Harper, David J Nettina, Laurie M Shahon, Michael Fitzmaurice and Richard L Federico. View institutional ownership trends for RPT Realty.

Which major investors are selling RPT Realty stock?

RPT stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, NWQ Investment Management Company LLC, Morgan Stanley, Morgan Stanley, BlackRock Inc., Squarepoint Ops LLC, Invesco Ltd., and UBS Group AG. View insider buying and selling activity for RPT Realty.

Which major investors are buying RPT Realty stock?

RPT stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Balyasny Asset Management LLC, State Street Corp, JPMorgan Chase & Co., Weiss Multi Strategy Advisers LLC, Geode Capital Management LLC, Engineers Gate Manager LP, and Tudor Investment Corp Et Al. Company insiders that have bought RPT Realty stock in the last two years include Brian Harper, David J Nettina, Laurie M Shahon, Michael Fitzmaurice, and Richard L Federico. View insider buying and selling activity for RPT Realty.

How do I buy shares of RPT Realty?

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, Robinhood, Fidelity, and Charles Schwab.

What is RPT Realty's stock price today?

One share of RPT stock can currently be purchased for approximately $7.50.

How big of a company is RPT Realty?

RPT Realty has a market capitalization of $604.43 million and generates $234.09 million in revenue each year. The real estate investment trust earns $91.51 million in net income (profit) each year or $1.08 on an earnings per share basis. RPT Realty employs 95 workers across the globe.

What is RPT Realty's official website?

The official website for RPT Realty is www.rptrealty.com.

How can I contact RPT Realty?

RPT Realty's mailing address is 19 W 44TH STREET SUITE 1002, NEW YORK NY, 10036. The real estate investment trust can be reached via phone at 212-221-1261 or via email at 80 586 058.

This page was last updated on 6/3/2020 by MarketBeat.com Staff