Rithm Property Trust Inc. (RPT)
| Market Cap | 142.94M |
| Revenue (ttm) | -56.90M |
| Net Income (ttm) | -92.18M |
| Shares Out | 47.49M |
| EPS (ttm) | -2.29 |
| PE Ratio | n/a |
| Forward PE | 15.74 |
| Dividend | $0.24 (8.03%) |
| Ex-Dividend Date | Feb 14, 2025 |
| Volume | 109,058 |
| Open | 2.980 |
| Previous Close | 2.940 |
| Day's Range | 2.930 - 3.110 |
| 52-Week Range | 2.650 - 4.140 |
| Beta | 1.88 |
| Analysts | Strong Buy |
| Price Target | 4.00 (+32.89%) |
| Earnings Date | n/a |
About RPT
Rithm Property Trust Inc. operates as a mortgage real estate investment trust in the United States. It acquires re-performing and non-performing loans; acquires or originates commercial real estate assets, including senior loans, subordinated debt, mezzanine loans, preferred equity, SBC loans, commercial mortgage servicing rights, commercial real estate properties, CRT and SRT transactions, operating businesses, and other securities. The company has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. As a... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for RPT stock is "Strong Buy" and the 12-month stock price forecast is $4.0.
News
Rithm Property Trust Announces Approval of Listing of 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
NEW YORK--(BUSINESS WIRE)--Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE: RPT, “RPT” or the “Company”) announced today that its 9.875% Series C Fixed-to-Floating Rate Cumulative...
Rithm Property Trust Announces Pricing of Public Offering of 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
NEW YORK--(BUSINESS WIRE)--Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE: RPT, “RPT” or the “Company”) announced today the pricing of a public offering of 2,000,000 shares of it...
Rithm Property Trust Announces Public Offering of Series C Preferred Stock
NEW YORK--(BUSINESS WIRE)--Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE: RPT, “RPT” or the “Company”) announced today the commencement of a public offering of shares of the Com...
Rithm Property Trust Inc. (RPT) Q4 2024 Earnings Call Transcript
Rithm Property Trust Inc. (NYSE:RPT) Q4 2024 Results Conference Call January 30, 2025 8:00 AM ET Company Participants Emma Bolla - Associate General Counsel Michael Nierenberg - President and Chief E...
Rithm Property Trust Inc. Announces Results for the Quarter and Year Ended December 31, 2024
NEW YORK--(BUSINESS WIRE)--Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE: RPT, “Rithm Property Trust” or the “Company”) today announced the following financial results for the q...
Rithm Property Trust Announces Tax Treatment of 2024 Dividends
NEW YORK--(BUSINESS WIRE)--Rithm Property Trust (NYSE:RPT, “RPT” or the “Company”) today announced the tax treatment of its 2024 common stock distributions. Common Stock Dividends During 2024, Rithm P...
Rithm Property Trust Inc. Schedules Fourth Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Rithm Property Trust Inc. (NYSE: RPT, “Rithm Property Trust” or the “Company”) announced today that it will release its fourth quarter 2024 financial results for the period ...
Livent Set to Join S&P MidCap 400; NCR Voyix and Rush Enterprises to Join S&P SmallCap 600
NEW YORK , Dec. 19, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Tuesday, January 2: ...
RPT Realty Shareholders Approve Mergers
NEW YORK, Dec. 12, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that, at a special meeting of the shareholders of RPT (the “Special Meeting”), the RPT shareh...
Kimco: RPT Realty's Preferreds To Get Credit Quality Boost After Acquisition
Kimco's acquisition of RPT Realty is set to deliver a credit boost to RPT Realty's Series D preferreds. The all-stock transaction does not represent a fundamental change, so the preferreds will remain...
RPT REALTY INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of RPT Realty - RPT
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of RPT Realty (NYSE...
RPT Realty Declares Special Cash Dividend of $0.05444 Per Share
NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that its Board of Trustees declared a special dividend of $0.05444 per common share in connec...
RPT Realty Reports Third Quarter 2023 Results
Financial Highlights Net (loss) income attributable to common shareholders for the third quarter 2023 of $(7.9) million , or $(0.09) per diluted share, compared to $11.3 million , or $0.13 per diluted...
RPT Realty Declares Common and Preferred Share Dividends
NEW YORK, Oct. 25, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that its Board of Trustees declared a regular cash dividend of $0.14 per common share. The ca...
RPT Realty Announces Third Quarter 2023 Earnings Release Date
NEW YORK, Sept. 27, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it will release its third quarter 2023 earnings press release after the market closes o...
RPT Realty Issues 2022 Corporate Sustainability Report
NEW YORK, Sept. 19, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today the release of its third annual Corporate Sustainability Report. The report details RPT's st...
Retail M&A Heats Up With Kimco/RPT Merger
M&A activity in the shopping center space is increasing due to the mispricing of the market, creating opportunities for stock-for-stock transactions. Kimco's acquisition of RPT Realty is seen as a ben...
RPT REALTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of RPT Realty - RPT
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of RPT Realty (NYSE...
After Kimco buys RPT, further tie-ups await in the world of real estate investment trusts: analyst
Real-estate investment trusts remain under pressure to build scale in the face of more difficult borrowing conditions nowadays, KeyBanc analyst Todd Thomas says.
What made real estate investment trust RPT stock jump 20% on Monday?
Kimco Realty Corp (NYSE: KIM) says it will buy peer RPT Realty (NYSE: RPT) for $2.0 billion including debt. Shares of the latter are up 20% at writing.
RPT Realty rallies on all-stock merger deal with RP Kimco Realty
RPT Realty RPT, -0.31% stock was up 11.8% in premarket trading on Monday after it said it agreed to be acquired by Kimco Realty Corp. KIM, +0.16% in an all-stock deal that values the New York-based sh...
Kimco Realty® to Acquire RPT Realty in All-Stock Transaction
JERICHO, N.Y. & NEW YORK--(BUSINESS WIRE)--Kimco Realty® (“Kimco” or the “Company”) (NYSE: KIM), North America's largest publicly traded owner and operator of open-air, grocery-anchored shopping cente...
RPT Realty: Undeservedly Discounted
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. R...
RPT Realty (RPT) Q2 2023 Earnings Call Transcript
RPT Realty (NYSE:RPT) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Craig Benigno - Investor Relations Brian Harper - President and CEO Michael Fitzmaurice - CFO Con...