Ramco-Gershenson Properties Trust (RPT) Releases FY17 Earnings Guidance

Performance Comparison Chart
Brokers Change Their Target Price On Ramco-Gershenson Properties Trust (NYSE:RPT)

17 September, 2017

About 501,408 shares traded or 231.82% up from the average. It has underperformed by 63.36% the S&P500. DA Davidson initiated Ramco-Gershenson Properties Trust (NYSE:RPT) on Friday, April 1 with "Buy" rating. Therefore 38% are positive. They now have a Dollars 21.5 price target on the stock.

Ramco-Gershenson Properties Trust has a 50 day moving average of 13.56 and a 200 day moving average of 13.51.

Below are dividend history charts for TIF, KAR, and RPT, showing historical dividends prior to the most recent ones declared. On Wednesday, February 22 the stock rating was maintained by Stifel Nicolaus with "Buy". Raymond James And Associates stated it has 28,870 shares.

Ramco-Gershenson Properties Trust (NYSE:RPT) last announced its quarterly earnings results on Tuesday, August 1st. Research analysts expect Ramco-Gershenson Properties Trust to earn $1.39 per share next year, which means the company should continue to be able to cover its $0.88 annual dividend with an expected future payout ratio of 63.3%. The firm has "Buy" rating given on Monday, August 28 by Jefferies. Ramco-Gershenson Properties Trust had a return on equity of 4.99% and a net margin of 15.05%.

The stock increased 1.84% or $0.25 during the last trading session, reaching $13.87.

On September 15 the company was downgraded from " to "Hold" and a price target of $13.00 was set by Jefferies. It has underperformed by 3.39% the S&P500. Equities research analysts predict that Ramco-Gershenson Properties Trust will post $0.25 EPS for the current year. They expect $0.19 earnings per share, down 5.00% or $0.01 from last year's $0.2 per share. RPT's profit will be $27.57 million for 9.79 P/E if the $0.34 EPS becomes a reality. The dividend will be $0.220 per share for the quarter which is $0.88 annualized.

(Symbol: KAR), and Ramco-Gershenson Properties Trust (Symbol: RPT) will all trade ex-dividend for their respective upcoming dividends. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of 32.98 and a beta of 0.73. The Company's primary business is the ownership, management, redevelopment, development and operation of retail shopping centers. As of December 31, 2016, the Company owned and managed multi-anchored shopping centers primarily in 12 metropolitan markets in the United States. Similarly, investors should look for KAR to open 0.70% lower in price and for RPT to open 1.61% lower, all else being equal. Its down 0.12, from 1.71 in 2016Q3. It improved, as 14 investors sold Ramco-Gershenson Properties Trust shares while 54 reduced holdings. 26 funds opened positions while 50 raised stakes. Price T Rowe Assocs Incorporated Md accumulated 0.01% or 499,320 shares. Osterweis Capital Management Inc owns 3.02 million shares or 2.72% of their USA portfolio. 359 were accumulated by Qs Ltd. Veritable Lp holds 0.01% or 12,427 shares in its portfolio.

08/05/2016 - Ramco-Gershenson Properties Trust had its "buy" rating reiterated by analysts at Wunderlich. Hsbc Hldgs Public Ltd Com has invested 0% in Ramco-Gershenson Properties Trust (NYSE:RPT). Quantbot Technologies L P has 859 shares for 0.01% of their portfolio. Ontario - Canada-based Bankshares Of Montreal Can has invested 0% in Ramco-Gershenson Properties Trust (NYSE:RPT). MAKRIS GEORGE JR had bought 2,000 shares worth $104,000 on Friday, May 12. Three Peaks Capital Management Llc, a Colorado-based fund reported 896,433 shares. Zacks Investment Research cut shares of Ramco-Gershenson Properties Trust from a "hold" rating to a "sell" rating in a research report on Thursday, July 20th. The lowest target is $7.0 while the high is $7.0. Ramco-Gershenson Properties Trust presently has a consensus rating of "Hold" and a consensus price target of $15.14. NE was included in 13 notes of analysts from January 8, 2016. On Monday, January 9 the stock rating was downgraded by Deutsche Bank to "Hold". The firm has "Neutral" rating given on Friday, October 7 by Seaport Global Securities.

In addition to Jefferies & Co reporting its stock price target, a total of 12 brokerages have issued a ratings update on the company. The firm earned "Underperform" rating on Wednesday, January 25 by Raymond James.

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