Rithm Property Trust Inc. (RPT)

NYSE: RPT · Real-Time Price · USD
12.83
-0.33 (-2.51%)
Dec 29, 2023, 4:00 PM EST - Market closed
165.08%
Market Cap 135.35M
Revenue (ttm) -90.33M
Net Income (ttm) -117.77M
Shares Out 45.42M
EPS (ttm) -3.31
PE Ratio n/a
Forward PE 12.42
Dividend $0.24 (1.87%)
Ex-Dividend Date Nov 15, 2024
Volume 40,083,635
Open 13.13
Previous Close 13.16
Day's Range 12.83 - 13.16
52-Week Range 8.62 - 13.79
Beta 1.83
Analysts n/a
Price Target n/a
Earnings Date Dec 17, 2024

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]

Industry REIT - Retail
Sector Real Estate
Founded 2014
Employees 1
Stock Exchange NYSE
Ticker Symbol RPT
Full Company Profile

Financial Performance

Financial Statements

News

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: ...

Other symbols: KIMVYX
1 year ago - PRNewsWire

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...

1 year ago - GlobeNewsWire

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...

Other symbols: KIM
1 year ago - Seeking Alpha

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...

Other symbols: KIM
1 year ago - Business Wire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

Other symbols: KIM
1 year ago - Seeking Alpha

REITs Are Historically Cheap

Rates Up, REITs Down. Commercial and residential real estate markets remain an easy transmission mechanism - or "punching bag" - of the Federal Reserve's historically swift monetary tightening cycle. ...

Other symbols: AMTDHCEFCEXRGNLKIMO
1 year ago - Seeking Alpha

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...

Other symbols: KIM
1 year ago - Business Wire

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.

Other symbols: KIM
1 year ago - Market Watch

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.

Other symbols: KIM
1 year ago - Invezz

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...

Other symbols: KIM
1 year ago - Market Watch

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...

Other symbols: KIM
1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Market Watch

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...

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha