Media headlines about Retail Properties of America (NYSE:RPAI) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Retail Properties of America earned a news impact score of 0.08 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 45.9590536457685 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
Shares of Retail Properties of America opened at $13.11 on Monday, Marketbeat.com reports. Retail Properties of America has a 1 year low of $10.84 and a 1 year high of $13.78. The firm has a market cap of $2.88 billion, a P/E ratio of 12.37 and a beta of 0.32. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.12 and a current ratio of 1.12.
Retail Properties of America (NYSE:RPAI) last announced its earnings results on Tuesday, May 1st. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.06). Retail Properties of America had a return on equity of 15.25% and a net margin of 58.23%. The company had revenue of $124.80 million for the quarter, compared to the consensus estimate of $123.56 million. During the same period last year, the firm posted $0.28 EPS. The company’s revenue was down 13.2% compared to the same quarter last year. analysts predict that Retail Properties of America will post 1.01 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 10th. Shareholders of record on Tuesday, June 26th will be issued a $0.166 dividend. This represents a $0.66 annualized dividend and a yield of 5.06%. The ex-dividend date is Monday, June 25th. This is a positive change from Retail Properties of America’s previous quarterly dividend of $0.17. Retail Properties of America’s payout ratio is 62.26%.
RPAI has been the subject of a number of analyst reports. Zacks Investment Research cut shares of Retail Properties of America from a “hold” rating to a “sell” rating in a research note on Thursday, March 8th. JPMorgan Chase & Co. cut shares of Retail Properties of America from an “overweight” rating to a “neutral” rating in a research note on Friday, June 15th. Boenning Scattergood set a $16.00 target price on shares of Retail Properties of America and gave the stock a “buy” rating in a research report on Thursday, May 3rd. Jefferies Financial Group set a $13.00 target price on shares of Retail Properties of America and gave the stock a “hold” rating in a research report on Tuesday, February 27th. Finally, ValuEngine raised shares of Retail Properties of America from a “sell” rating to a “hold” rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. Retail Properties of America presently has an average rating of “Hold” and an average target price of $15.36.
About Retail Properties of America
Retail Properties of America, Inc is a REIT that owns and operates high quality, strategically located shopping centers in the United States. As of December 31, 2017, the Company owned 112 retail operating properties representing 20.3 million square feet. The Company is publicly traded on the New York Stock Exchange under the ticker symbol RPAI.
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