RPT Realty (RPT): What The Numbers Tell Us

The stock of RPT Realty (NYSE:RPT) increased by $0.13 on Wednesday to $11.23, up 1.22 percent. The last five days have seen an average of 1,581,571 shares of common stock traded. 12 times new highs were reached in the current year, with a gain of $1.20. The average number of shares traded over the last 20 days was 2,466,513, while the average volume over the last 50 days totaled 1,377,109.

RPT stock appreciated 19.90% since last month. On 08/22/23, the company’s shares reached a one-month low of $9.22. The stock touched a high of $11.67 on 09/14/23, after rallying from a low of $7.28 in 52 weeks. The price of RPT stock has risen by 11.90% or $1.20 this year, reaching a new high 12 times. Still, the stock price is down -3.73% from the 52-week high.

Top 5 AI Stocks to Buy for 2023

The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything. According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.

Click Here to Download the FREE Report.

Sponsored

Valuation Metrics

RPT Realty (RPT) has a trailing price-to-earnings (P/E) ratio of 14.98. Beta for the stock is 1.65. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 4.64, the price-to-book (PB) ratio of 1.14, and the price-to-cash flow ratio of 13.26.

Company paid $0.14 per share in dividends, remained unchanged from $0.14 last year. A $0.01 dividend increase was reported on Thursday February 9 2023.

Financial Health

The company’s long-term debt to equity ratio for the quarter ending June 29 is 1.01, and the total debt to equity ratio is 1.01. As far as profitability goes, gross margin for the trailing twelve months is 68.70% percent. RPT Realty’s operating margin stood at 14.30% for the same period. Based on annual data, it had gross profit of $118.8 million and revenue of $217.66 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. RPT’s return on assets (ROA) during the last 12 months has been 3.40%. There was a 1.70% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 7.70%.

Earnings Surprise

According to RPT Realty’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $51.05 million, while revenues fell by -8.31% to $52.25 million. It was predicted that RPT Realty’s quarterly earnings would be -$0.02, but it ended up being -$0.02. EBITDA was $25.67 million for the quarter. At the end of RPT Realty’s most recent quarter ended June 29, its total debt was $866.25 million. Equity owned by shareholders amounts to $86.77 million.

Technical Picture

Here’s a quick look at RPT Realty’s (RPT) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 54.99%, suggesting the stock is Neutral, with a 22.58% historical volatility rate.

The stochastic %K and %D were 27.51% and 46.57% respectively, while the average true range (ATR) was 0.24. Based on the 14-day stochastic reading of 31.75%, the RSI (14) reading is 56.78%. On the 9-day MACD Oscillator, the stock is at -0.10, and the 14-day reading is at -0.08.

Analyst Ratings

RPT Realty (NYSE: RPT) was downgraded by Deutsche Bank to a a Hold rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned RPT Realty (RPT) an Hold rating. RPT is a stock that is recommended for selling by 0 brokerage firms, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.

What is RPT’s price target for the next 12 months?

The current consensus forecast for the stock is between $10.00 and $11.50, with a median target price of $11.00. In analyzing these forecasts, the average price target given by analysts for RPT Realty (RPT) is $10.88.

Most Popular

Related Posts