RPT Realty which can be found using ticker (RPT) now have 10 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 14 and 10 and has a mean target at $11.10. Now with the previous closing price of $8.80 this now indicates there is a potential upside of 26.1%. The day 50 moving average is $10.21 and the 200 day MA is $9.97. The company has a market capitalization of $775m. Company Website: https://www.rptrealty.com
The potential market cap would be $977m based on the market consensus.
RPT Realty owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The Company’s shopping centers offer diverse, locally-curated consumer experiences that reflect the lifestyles of their surrounding communities and meet the modern expectations of the Company’s retail partners. The Company is a fully integrated and self-administered REIT publicly traded on the New York Stock Exchange (the NYSE). The common shares of the Company, par value $0.01 per share (the common shares) are listed and traded on the NYSE under the ticker symbol RPT. As of June 30, 2020, our property portfolio consisted of 49 shopping centers (including five shopping centers owned through a joint venture) representing 11.9 million square feet of gross leasable area. As of June 30, 2020, the Company’s pro-rata share of the aggregate portfolio was 93.6% leased.
The company has a dividend yield of 6.12% with the ex dividend date set at 17-3-2023 (DMY).
Other points of data to note are a P/E ratio of 10.33, revenue per share of 2.6 and a 1.01% return on assets.
