RPT Realty owns and operates a national portfolio of open-air shopping destinations principally located in top U S.
infoRPT Realty is a small cap stock with a total market cap of 825.25M.
infoThey trade on the NYSE and had their IPO 34 years and 7 months ago.
infoRPT Realty currently employs 138 people.
infoAs of Wednesday, Aug 23 2023, RPT Realty’s share price is $9.52.
News Relating to RPT Realty
Seeking Alpha
RPT Realty: Undeservedly Discounted
Wednesday Aug 23 2023 at 03:40
Retail REITs have become opportunistic investment opportunities, particularly in the retail sector. RPT Realty has experienced a relative collapse in share prices despite positive operating results. RPT Realty offers investors access to retail cash flow and real estate at a lower price compared to peers.
Zacks Investment Research
RPT Realty (RPT) Q2 FFO Surpass Estimates
Wednesday Aug 02 2023 at 20:14
RPT Realty (RPT) came out with quarterly funds from operations (FFO) of $0.25 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to FFO of $0.27 per share a year ago.
Seeking Alpha
RPT Realty: The 7.75% Yield On The Preferred Shares Is Very Appealing
Saturday Jun 03 2023 at 11:45
RPT Realty operates commercial real estate with grocery stores as anchor tenants. The preferred shares are in excellent shape as the REIT only needs about 6.5% of its FFO to cover the preferred dividends. The common units are getting very interesting as well as they are trading at just over 9 times FFO.
GlobeNewsWire
RPT Realty Announces Second Quarter 2023 Earnings Release Date and Conference Call Information
Wednesday May 31 2023 at 16:15
NEW YORK, May 31, 2023 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it will release its second quarter 2023 earnings press release after the market closes on Wednesday, August 2, 2023. The Company will host a conference call on Thursday, August 3, 2023 at 9:00 AM (ET) to discuss its financial and operating results.
Seeking Alpha
RPT Realty: Strong Leasing Trends And Deeply Discounted Valuation
Friday May 26 2023 at 02:15
RPT Realty shares have declined over 10% year-to-date and are down 22% over the past year. RPT has meaningfully improved the quality of its portfolio over the past year, divesting slower-growing centers in the Midwest and increasing exposure to Florida.
Seeking Alpha
RPT Realty (RPT) Q1 2023 Earnings Call Transcript
Saturday May 06 2023 at 17:35
RPT Realty (NYSE:RPT ) Q1 2023 Earnings Conference Call May 4, 2023 9:00 AM ET Company Participants Craig Benigno – Senior Analyst, Investor Relations Brian Harper – President and CEO Michael Fitzmaurice – CFO Conference Call Participants Derek Johnston – Deutsche Bank Todd Thomas – KeyBanc Capital Markets Ravi Vaidya – Mizuho Securities Floris Van Dijkum – Compass Point Research Lizzy Doykan – Bank of America Hong Zhang – JPMorgan Tayo Okusanya – Credit Suisse Alec Feygin – Robert W. Baird Operator Greetings, and welcome to the RPT Realty First Quarter 2023 Earnings Conference Call.
Seeking Alpha
Blue-Chip Real Estate Is A Bargain – Top Picks Across 5 Sectors
Friday Apr 21 2023 at 08:30
Media pundits frequently and sloppily equate office buildings with “commercial real estate,” but the two are not equal. There’s a lot more to CRE than half-empty downtown office towers. I am staying far, far away from office REITs, even if they seem like deep values right now.
Seeking Alpha
Grocery-Anchored Real Estate: Brixmor’s Discipline Surpasses RPT’s Value
Wednesday Apr 19 2023 at 15:38
Grocery-Anchored Real Estate: Brixmor’s Discipline Surpasses RPT’s Value
GlobeNewsWire
RPT Realty Announces First Quarter 2023 Earnings Release Date and Conference Call Information
Monday Mar 20 2023 at 16:15
NEW YORK, March 20, 2023 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it will release its first quarter 2023 earnings press release after the market closes on Wednesday, May 3, 2023. The Company will host a conference call on Thursday, May 4, 2023 at 9:00 AM (ET) to discuss its financial and operating results.
GlobeNewsWire
RPT Realty to Present at Citi’s 2023 Global Property CEO Conference
Thursday Mar 02 2023 at 16:15
NEW YORK, March 02, 2023 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that President and Chief Executive Officer, Brian Harper, will participate on a U.S. Strip Center panel at Citi’s 2023 Global Property CEO Conference in Hollywood, FL. The U.S Strip Center panel is scheduled for Tuesday, March 7, 2023 at 3:40 PM ET.
Seeking Alpha
RPT Realty: The Preferreds Offer A 7% Yield Forever
Sunday Feb 26 2023 at 01:15
RPT’s preferreds are paying out a 7% yield in perpetuity. The commons currently offer a 5.2% yield, which has been recovering since its suspension early during the pandemic.
Seeking Alpha
RPT Realty (RPT) Q4 2022 Earnings Call Transcript
Thursday Feb 16 2023 at 15:49
RPT Realty (NYSE:RPT ) Q4 2022 Earnings Conference Call February 16, 2023 9:00 AM ET Company Participants Craig Benigno – Senior Analyst, Investor Relations Brian Harper – President and CEO Mike Fitzmaurice – CFO Conference Call Participants Todd Thomas – KeyBanc Capital Markets Wes Golladay – Baird Conor Peaks – Deutsche Bank R.J. Milligan – Raymond James Hong Zhang – JPMorgan Floris Van Dijkum – Compass Point Linda Tsai – Jefferies Lizzy Doykan – Bank of America Operator [Starts Abruptly] Fourth Quarter 2022 Earnings Conference Call.
Seeking Alpha
RPT Realty: Underwhelming 2023 Guidance
Thursday Feb 16 2023 at 12:23
RPT Realty has an interest in a national portfolio of open-air shopping centers, located primarily in the top MSAs in the U.S. Their tenants include large national retailers, as well as smaller local tenants.
Zacks Investment Research
RPT Realty (RPT) Tops Q4 FFO Estimates
Wednesday Feb 15 2023 at 19:34
RPT Realty (RPT) delivered FFO and revenue surprises of 4.35% and 4.76%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
InvestorPlace
3 REITs to Sell FAST as Bed Bath & Beyond Heads for Bankruptcy
Thursday Jan 12 2023 at 15:09
After months of racing toward the bottom, Bed Bath & Beyond (NASDAQ: BBBY ) stock is back in the green. The struggling retailer has been swept up in this week’s meme-stock surge, described by CNBC as a “nonsense rally.
Seeking Alpha
RPT Realty: A Low Risk Preferred Share Offering With A 7% Yield
Monday Dec 05 2022 at 00:31
RPT Realty is a commercial REIT growing its exposure to grocery-anchored locations in growing U.S. markets. RPT has realized incredible leasing spreads.
GlobeNewsWire
RPT Realty Announces Fourth Quarter 2022 Earnings Release Date and Conference Call Information
Monday Nov 21 2022 at 16:15
NEW YORK, Nov. 21, 2022 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it will release its fourth quarter 2022 earnings press release after the market closes on Wednesday, February 15, 2023. The Company will host a conference call on Thursday, February 16, 2023 at 9:00 AM (ET) to discuss its financial and operating results.
Seeking Alpha
RPT Realty (RPT) Q3 2022 Earnings Call Transcript
Saturday Nov 05 2022 at 22:45
RPT Realty (NYSE:RPT ) Q3 2022 Earnings Conference Call November 3, 2022 10:00 AM ET Company Participants Craig Benigno – Investor Relations Brian Harper – President and Chief Executive Officer Mike Fitzmaurice – Chief Financial Officer Conference Call Participants Derek Johnston – Deutsche Bank Todd Thomas – KeyBanc Capital Markets Wes Golladay – Baird Linda Tsai – Jefferies Haendel St. Juste – Mizuho Securities Mike Mueller – JPMorgan Craig Schmidt – Bank of America Operator Greetings and welcome to RPT Realty Third Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Seeking Alpha
Shopping Center REITs: Supply/Demand Too Good To Ignore
Wednesday Nov 02 2022 at 20:48
For much of the last decade, pundits have been calling for the death of brick and mortar retail. The last few years proved out the benefit of retailers offering customers multiple channels and highlighted the indispensability of brick and mortar retail.
Seeking Alpha
RPT Realty: A Grocery-Anchored REIT With A 7.5% Preferred Dividend Yield
Sunday Sep 11 2022 at 11:45
RPT Realty is a commercial REIT aiming to increase its exposure to grocery-anchored locations. The FFOs are robust and the preferred dividends are well-covered.
GlobeNewsWire
RPT Realty Announces Third Quarter 2022 Earnings Release Date and Conference Call Information
Wednesday Aug 24 2022 at 16:15
NEW YORK, Aug. 24, 2022 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it will release its third quarter 2022 earnings press release after the market closes on Wednesday, November 2, 2022. The Company will host a conference call on Thursday, November 3, 2022 at 10:00 AM (ET) to discuss its financial and operating results.
Seeking Alpha
RPT Realty (RPT) CEO Brian Harper on Q2 2022 Results – Earnings Call Transcript
Saturday Aug 06 2022 at 17:55
RPT Realty (NYSE:RPT ) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Vincent Chao – Investor Relations Brian Harper – President and Chief Executive Officer Mike Fitzmaurice – Chief Financial Officer Conference Call Participants Derek Johnston – Deutsche Bank Todd Thomas – KeyBanc Capital Markets Ravi Vaidya – Mizuho Securities Omotayo Okusanya – Credit Suisse Craig Schmidt – Bank of America Floris Van Dijkum – Compass Point Research Hongliang Zhang – JMorgan Linda Tsai – Jefferies Operator Greetings and welcome to RPT Realty Second Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Zacks Investment Research
RPT Realty (RPT) Tops Q2 FFO and Revenue Estimates
Wednesday Aug 03 2022 at 19:33
RPT Realty (RPT) delivered FFO and revenue surprises of 3.85% and 3.10%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Seeking Alpha
RPT Realty: Shares Have Finally Gotten Cheap Enough
Thursday Jul 21 2022 at 09:52
RPT Realty has been hit hard by the market downturn, but investors seem to be overlooking its continued improvements in performance. The company is not the cheapest prospect out there, nor the most interesting, but it does look cheap enough to warrant consideration.
Seeking Alpha
RPT Realty: Upside At Reasonable Risk
Saturday Jul 16 2022 at 01:44
RPT Realty owns a national portfolio of open-air shopping destinations, with increased exposure to growth markets such as Florida in recent periods. The company recently reported its strongest level of leasing activity in over a decade.
Seeking Alpha
Equity REITs: Takeaways From NAREIT REIT Week
Friday Jul 01 2022 at 17:28
After meeting with over 25 companies in New York for the first in-person NAREIT sponsored conference since November 2019, we came away extremely positive on the fundamentals for REITs. Across the board, leasing, occupancy, and rent growth are tracking at or above expectations, and the recent increase in interest rates has already slowed new construction, further tilting the supply.
GlobeNewsWire
RPT Realty To Present At Nareit’s REITweek: 2022 Investor Conference
Thursday Jun 02 2022 at 16:35
NEW YORK, June 02, 2022 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that Brian Harper, President and Chief Executive Officer, is scheduled to make a presentation at Nareit’s REITweek: 2022 Investor Conference in New York on Wednesday, June 8, 2022 at 3:30 p.m. ET. A live webcast of the presentation will be available online on the Company’s website at investors.rptrealty.com or by using the link below. A replay of the webcast will be available for 30 days following the conclusion of the presentation.
GlobeNewsWire
RPT Realty Announces Second Quarter 2022 Earnings Release Date and Conference Call Information
Wednesday May 18 2022 at 16:15
NEW YORK, May 18, 2022 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it will release its second quarter 2022 earnings press release after the market closes on Wednesday, August 3, 2022. The Company will host a conference call on Thursday, August 4, 2022 at 9:00 AM (ET) to discuss its financial and operating results.
Seeking Alpha
RPT Realty (RPT) CEO Brian Harper on Q1 2022 Results – Earnings Call Transcript
Sunday May 08 2022 at 04:03
RPT Realty (NYSE:RPT ) Q1 2022 Earnings Conference Call May 5, 2022 10:00 AM ET Company Participants Vin Chao – Investor Relations Brian Harper – President and Chief Executive Officer Mike Fitzmaurice – Chief Financial Officer Conference Call Participants Derek Johnston – Deutsche Bank Todd Thomas – KeyBanc Capital Markets Haendel St. Juste – Mizuho Wes Golladay – Baird Linda Tsai – Jefferies Craig Schmidt – Bank of America Omotayo Okusanya – Credit Suisse Operator Greetings and welcome to the RPT Realty First Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Zacks Investment Research
RPT Realty (RPT) Q1 FFO and Revenues Surpass Estimates
Wednesday May 04 2022 at 20:18
RPT Realty (RPT) delivered FFO and revenue surprises of 4% and 1.54%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
RPT Realty Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
Learn more at Investopediaopen_in_new
RPT Realty’s Altman Z-score is 0.33 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
RPT Realty Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Learn more at Investopediaopen_in_new
Over the last 3 months, there has been no insider trading in RPT Realty.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
Learn more at WallStreetPrepopen_in_new
RPT Realty’s Income Quality of 1.41 is greater than its Industry Group of 1.05 (34.3% greater)
RPT Realty’s Income Quality of 1.41 is greater than its Major Industry Group of -0.07 (2114.3% greater)
RPT Realty’s Income Quality of 1.41 is greater than its Sector of 0.58 (143.1% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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RPT Realty’s Current Ratio of 0.39 is lower than its Industry Group of 1.33 (-70.7% lower)
RPT Realty’s Current Ratio of 0.39 is greater than its Major Industry Group of 0.32 (21.9% greater)
RPT Realty’s Current Ratio of 0.39 is lower than its Sector of 1.3 (-70.0% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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RPT Realty’s PE Ratio of 11.34 is greater than its Industry Group of 8.36 (35.6% greater)
RPT Realty’s PE Ratio of 11.34 is greater than its Major Industry Group of 7.7 (47.3% greater)
RPT Realty’s PE Ratio of 11.34 is greater than its Sector of 7.86 (44.3% greater)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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RPT Realty’s PB Ratio of 0.86 is in line with its Industry Group of 0.87 (-1.1% lower)
RPT Realty’s PB Ratio of 0.86 is greater than its Major Industry Group of 0.74 (16.2% greater)
RPT Realty’s PB Ratio of 0.86 is greater than its Sector of 0.72 (19.4% greater)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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RPT Realty’s ROE of 0.08 is greater than its Industry Group of 0.01 (700.0% greater)
RPT Realty’s ROE of 0.08 is greater than its Major Industry Group of 0.04 (100.0% greater)
RPT Realty’s ROE of 0.08 is greater than its Sector of 0.04 (100.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
RPT Realty’s ROCE of 0.02 is lower than its Industry Group of 0.03 (-33.3% lower)
RPT Realty’s ROCE of 0.02 is greater than its Major Industry Group of -0.01 (300.0% greater)
RPT Realty’s ROCE of 0.02 is in line with its Sector of 0.02
Derived from SEC.GOV filing dataopen_in_new