Rithm Property Trust Inc. (RPT)
Market Cap | 137.17M |
Revenue (ttm) | -90.33M |
Net Income (ttm) | -117.77M |
Shares Out | 45.42M |
EPS (ttm) | -3.31 |
PE Ratio | n/a |
Forward PE | 12.58 |
Dividend | $0.24 (7.95%) |
Ex-Dividend Date | Nov 15, 2024 |
Volume | 171,306 |
Open | 2.970 |
Previous Close | 2.980 |
Day's Range | 2.910 - 3.020 |
52-Week Range | 2.750 - 6.010 |
Beta | 1.83 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About RPT
Rithm Property Trust Inc. operates as a mortgage real estate investment trust. It acquires re-performing and non-performing loans; acquires or originates small balance commercial mortgage loans that are secured by multi-family residential and commercial mixed use retail/residential properties; and invests in single-family and smaller commercial properties. The company elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. The company was formerly Great Ajax Corp. and changed its name to Rithm Property Trust ... [Read more]
Financial Performance
Financial StatementsNews
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...
RPT Realty Reports Second Quarter 2023 Results; Maintains Guidance
Financial Highlights Net (loss) income attributable to common shareholders for the second quarter 2023 of $(1.6) million , or $(0.02) per diluted share, compared to $5.1 million , or $0.06 per diluted...
RPT Realty Declares Third Quarter 2023 Common and Preferred Share Dividends
NEW YORK, July 27, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that its Board of Trustees declared a third quarter 2023 regular cash dividend of $0.14 per c...
Do you need investment income? Here are 20 REIT stocks with dividends expected to be well supported through 2025.
Investors have good reason to be concerned about the real-estate market. It has been obvious for decades that the U.S. has too many retail properties, and now, changing work habits promise to put down...
RPT Realty: The 7.75% Yield On The Preferred Shares Is Very Appealing
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 divide...
RPT Realty Announces Second Quarter 2023 Earnings Release Date and Conference Call Information
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...
RPT Realty: Strong Leasing Trends And Deeply Discounted Valuation
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 cente...
RPT Realty (RPT) Q1 2023 Earnings Call Transcript
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 Fitzmaur...