The Necessity Retail REIT, Inc. (RTL)
| Market Cap | 887.57M |
| Revenue (ttm) | 446.44M |
| Net Income (ttm) | -105.85M |
| Shares Out | 142.93M |
| EPS (ttm) | -0.81 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.85 (13.69%) |
| Ex-Dividend Date | Jan 12, 2023 |
| Volume | 830,369 |
| Open | 6.20 |
| Previous Close | 6.12 |
| Day's Range | 6.12 - 6.35 |
| 52-Week Range | 5.46 - 8.19 |
| Beta | 1.38 |
| Analysts | Buy |
| Price Target | 10.71 (+72.46%) |
| Earnings Date | May 3, 2023 |
About RTL
The Necessity Retail REIT (Nasdaq: RTL) is a publicly traded real estate investment trust listed on Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S. Additional information about RTL can be found on its website at www.necessityretailreit.com. [Read more]
Financial Performance
In 2022, RTL's revenue was $446.44 million, an increase of 33.20% compared to the previous year's $335.16 million. Losses were -$105.85 million, 66.9% more than in 2021.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for RTL stock is "Buy." The 12-month stock price forecast is $10.71, which is an increase of 72.46% from the latest price.
News
Retire On These REITs: 3 Clicks To 12.7% Yields
Real estate is getting thumped, which means real estate investment trusts (REITs) are a bargain once again.
THE NECESSITY RETAIL REIT COMPLETES $70 MILLION STOP & SHOP DISPOSITION
NEW YORK , Feb. 28, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL" or the "Company") announced today that it closed on the sale of four properties leased to S...
The Necessity Retail (RTL) Meets Q4 FFO Estimates
The Necessity Retail (RTL) delivered FFO and revenue surprises of 0% and 1.21%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Blackwells Capital Releases Presentation and Announces Website Exposing AR Global's Value Destructive Management of Global Net Lease Inc. and The Necessity Retail REIT Inc.
NEW YORK--(BUSINESS WIRE)--Blackwells Capital LLC (together with its affiliates “Blackwells” or “we” or “our”), today announced the release of a presentation to Global Net Lease Inc. (NYSE: GNL) (“Glo...
THE NECESSITY RETAIL REIT ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTS
NEW YORK , Feb. 22, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc.. (Nasdaq: RTL) ("RTL" or the "Company"), a real estate investment trust focused on acquiring and managing a diversified portfol...
THE NECESSITY RETAIL REIT ANNOUNCES RELEASE DATE FOR FOURTH QUARTER AND FULL YEAR 2022 RESULTS
NEW YORK, Feb. 9, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL" or the "Company") announced today it will release its financial results for the fourth quarte...
The Necessity Retail REIT Announces Common Stock Dividend for First Quarter 2023
NEW YORK , Jan. 3, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL") announced today that it intends to continue to pay dividends on its shares of Class A commo...
THE NECESSITY RETAIL REIT EXPECTED TO COMPLETE OVER $400 MILLION DISPOSITIONS IN 2022, INCLUDING $74 MILLION IN FOURTH QUARTER
Leases Over Two Million Square Feet in 2022 NEW YORK , Dec. 21, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL" or the "Company") announced today that it has c...
The Necessity Retail REIT Announces Series A Preferred Stock Dividends
NEW YORK , Dec. 21, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL") announced today that it intends to continue to pay dividends on a quarterly basis on its 7...
The Necessity Retail (RTL) Misses Q3 FFO Estimates
The Necessity Retail (RTL) delivered FFO and revenue surprises of -10.34% and 0.44%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
THE NECESSITY RETAIL REIT ANNOUNCES THIRD QUARTER 2022 RESULTS
Leased Over One Million Square Feet in Third Quarter Company to Host Investor Webcast and Conference Call at 11:00 AM ET Tomorrow NEW YORK , Nov. 2, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc...
RTL vs. CUBE: Which Stock Is the Better Value Option?
RTL vs. CUBE: Which Stock Is the Better Value Option?
2 Equity REITs Touting Double-Digit Yields To Fight Inflation
Equity real estate investment trusts (REITs) have outperformed mortgage REITs, as mortgage real estate investment trusts have posted annualized returns of 8.2% over the past 10 years.
THE NECESSITY RETAIL REIT ANNOUNCES RELEASE DATE FOR THIRD QUARTER 2022 RESULTS
NEW YORK , Oct. 6, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL" or the "Company") announced today it will release its financial results for the third quarte...
The Necessity Retail REIT Announces Preferred Stock Dividends
NEW YORK , Sept. 23, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL") announced today that it intends to continue to pay dividends on a quarterly basis on its ...
The Necessity Retail REIT CEO Michael Weil to Present on Tuesday August 9, 2022 at 3:55p.m. Eastern during the August 9 - 11, 2022 MoneyShow Accredited Investors Virtual Expo
NEW YORK , Aug. 9, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL") announced today that its CEO Michael Weil will discuss How The Retail Renaissance and The N...
The Necessity Retail (RTL) Q2 FFO and Revenues Beat Estimates
The Necessity Retail (RTL) delivered FFO and revenue surprises of 7.41% and 16.99%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
THE NECESSITY RETAIL REIT ANNOUNCES SECOND QUARTER 2022 RESULTS
Company to Host Investor Webcast and Conference Call at 11:00 AM ET Tomorrow NEW YORK , Aug. 3, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL) ("RTL" or the "Company"), a real esta...
What Awaits The Necessity Retail REIT (RTL) in Q2 Earnings?
The Necessity Retail REIT's (RTL) Q2 results are likely to reflect the benefits of having essential retail tenants in its roster and gains from accretive buyouts.
The Necessity Retail REIT CEO Michael Weil Participates in Video Interview and Fireside Chat Presentation during Nareit's REITweek 2022 Investor Conference
NEW YORK , July 13, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL") announced today that Michael Weil, its CEO, was featured in a video interview conducted du...
THE NECESSITY RETAIL REIT COMPLETES $1.3 BILLION OPEN-AIR SHOPPING CENTER ACQUISITION, CREATING PURE-PLAY RETAIL FOCUSED PORTFOLIO
93 Properties Closed Year-to-Date, Growing Necessity Retail Portfolio to $5.3 Billion of Real Estate Grocery-Anchored Centers Grow to 22%1 of Multi-Tenant Portfolio, 57% of Straight-Line Rent1 Derived...
THE NECESSITY RETAIL REIT ANNOUNCES RELEASE DATE FOR SECOND QUARTER 2022 RESULTS
NEW YORK , July 7, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL" or the "Company") announced today it will release its financial results for the second quart...
The Necessity Retail REIT Announces Common Stock Dividend for Third Quarter 2022
NEW YORK , July 1, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL") announced today that it intends to continue to pay dividends on its shares of Class A commo...