Ramco-Gershenson Properties

RPT Realty operates as a real estate investment trust. The firm develops, manages, and leases out commercial properties. Its portfolio includes shopping centers, supermarkets, and retail shops. The company was founded on May 1, 1996 and is headquartered in New York, NY.

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q3 2024

Ramco-Gershenson Properties reports strong Q4 performance and strategic growth

Ramco-Gershenson Properties (RPT) delivered a strong performance in Q4 2022, showcasing growth, achievements, and strategic focus on market positioning and leasing.
The company faces challenges in backfilling certain stores, managing capital allocation, and maintaining optimal debt levels, requiring strategic adjustments.
Opportunities in leveraging leasing momentum, optimizing rents, and developing key properties offer avenues for growth and value creation in 2023.
Overall, Ramco-Gershenson Properties aims to continue pursuing excellence with a strong balance sheet and operational efficiency in the coming year.

Ramco-Gershenson Properties (RPT) excels in Q1 with strategic leasing and growth initiatives

RPT's Q1 performance reflects strong leasing environment and proactive strategies, positioning the company for growth and value creation.
While facing challenges in re-leasing Bed Bath locations and regulatory hurdles in Miami, RPT remains focused on maximizing portfolio value and operational efficiency.
Opportunities in redevelopment, tenant demand, and cost optimization underscore RPT's strategic vision and commitment to long-term sustainability and growth.

RPT Realty exceeds Q2 expectations, eyes growth amid challenges

RPT Realty delivered a strong quarter with robust financial performance, emphasizing growth prospects and strategic initiatives to drive value creation.
Despite challenges such as bankruptcies and market uncertainties, the company showcased resilience, strong credit quality, and effective leasing strategies.
Analyst inquiries and management insights highlighted a mix of challenges and opportunities, underscoring RPT Realty's proactive approach to navigating the market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Kimco Realty Corp. is a real estate investment trust company, which engages in the ownership and operation of open-air shopping centers. It also specializes in shopping center acquisitions, development and management. The company was founded by Milton Cooper and Martin S. Kimmel in 1973 and is headquartered in Jericho, NY.

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 share for the same period in 2022 . Second quarter 2023 operating funds from operations per diluted share of $0.25.

RPT Realty Reports Second Quarter 2023 Results; Maintains Guidance

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 common share. The Board of Trustees also approved a third quarter 2023 Series D convertible preferred share dividend of $0.90625 per share. The current conversion ratio of the Series D convertible preferred shares can be found on the Company's website at investors.rptrealty.com/shareholder-information/dividends. The dividends, for the period July 1, 2023 through September 30, 2023 are payable on October 2, 2023 for shareholders of record on September 20, 2023.

RPT Realty Declares Third Quarter 2023 Common and Preferred Share Dividends

Sabra Health Care

Agree Realty

Apartment Income REIT Corp

City Office REIT

CTO Realty Growth

CareTrust REIT

Elme Communities

Four Corners Property Trust

Gaming and Leisure Properties

Global Medical REIT

Getty Realty

LTC Properties

National Retail Properties

NETSTREIT Corp

Corporate Office Properties Trust

Retail Opportunity Investments

Spirit Realty Capital

Vici Properties

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 downward pressure on office lease prices for years to come.

Do you need investment income? Here are 20 REIT stocks with dividends expected to be well supported through 2025.

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 dividends. The common units are getting very interesting as well as they are trading at just over 9 times FFO.

RPT Realty: The 7.75% Yield On The Preferred Shares Is Very Appealing

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 Wednesday, August 2, 2023. The Company will host a conference call on Thursday, August 3, 2023 at 9:00 AM (ET) to discuss its financial and operating results.

RPT Realty Announces Second Quarter 2023 Earnings Release Date and Conference Call Information

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 centers in the Midwest and increasing exposure to Florida.

RPT Realty: Strong Leasing Trends And Deeply Discounted Valuation

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 Fitzmaurice - CFO Conference Call Participants Derek Johnston - Deutsche Bank Todd Thomas - KeyBanc Capital Markets Ravi Vaidya - Mizuho Securities Floris Van Dijkum - Compass Point Research Lizzy Doykan - Bank of America Hong Zhang - JPMorgan Tayo Okusanya - Credit Suisse Alec Feygin - Robert W. Baird Operator Greetings, and welcome to the RPT Realty First Quarter 2023 Earnings Conference Call.

RPT Realty (RPT) Q1 2023 Earnings Call Transcript

RPT Realty (RPT) came out with quarterly funds from operations (FFO) of $0.25 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to FFO of $0.26 per share a year ago.

RPT Realty (RPT) Q1 FFO and Revenues Top Estimates

Financial Highlights Net income (loss) attributable to common shareholders for the first quarter 2023 of $(0.4) million , or $(0.01) per diluted share, compared to $4.1 million , or $0.05 per diluted share for the same period in 2022 . First quarter 2023 operating funds from operations ("FFO") per diluted share of $0.25.

RPT Realty Reports First Quarter 2023 Results; Maintains Guidance

NEW YORK, April 27, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that its Board of Trustees declared a second quarter 2023 regular cash dividend of $0.14 per common share. The Board of Trustees also approved a second quarter 2023 Series D convertible preferred share dividend of $0.90625 per share. The current conversion ratio of the Series D convertible preferred shares can be found on the Company's website at investors.rptrealty.com/shareholder-information/dividends. The dividends for the period April 1, 2023 through June 30, 2023 are payable on July 3, 2023 for shareholders of record on June 20, 2023.

RPT Realty Declares Second Quarter 2023 Common and Preferred Share Dividends

Alexandria Real Estate Equities

Brixmor Property Group

Boston Properties

Crown Castle International

InvenTrust Properties Corp

Kimco Realty

Kite Realty Group

Phillips Edison & Co Inc

Regency Centers

Rexford Industrial Realty

SITE Centers Corp

SL Green Realty

Vanguard Real Estate ETF

Media pundits frequently and sloppily equate office buildings with "commercial real estate," but the two are not equal. There's a lot more to CRE than half-empty downtown office towers. I am staying far, far away from office REITs, even if they seem like deep values right now.

Blue-Chip Real Estate Is A Bargain - Top Picks Across 5 Sectors

Grocery-Anchored Real Estate: Brixmor's Discipline Surpasses RPT's Value

NEW YORK, March 20, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it will release its first quarter 2023 earnings press release after the market closes on Wednesday, May 3, 2023. The Company will host a conference call on Thursday, May 4, 2023 at 9:00 AM (ET) to discuss its financial and operating results.

RPT Realty Announces First Quarter 2023 Earnings Release Date and Conference Call Information

NEW YORK, March 15, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today the appointment of Amy Sands as Executive Vice President, Head of Investments, effective May 8, 2023. Based in the Company's New York office, Ms. Sands will report to Brian Harper, President and CEO. Ms. Sands' hiring represents a consolidation of the Company's investment activities under one team that will source acquisitions for RPT's wholly owned portfolio, as well as for the Company's grocery-anchored joint venture platform and the Company's retail net lease joint venture platform. Ms. Sands will also be responsible for the Company's disposition activities. Following the consolidation of the investments team, the Company expects to realize significant operational, executional and cost efficiencies as RPT grows assets under management through each of its strategic and complementary investment platforms. This consolidation was previously factored into the Company's 2023 guidance provided on February 15, 2023.

RPT Realty Appoints Amy Sands as Executive Vice President, Head of Investments

NEW YORK, March 02, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that President and Chief Executive Officer, Brian Harper, will participate on a U.S. Strip Center panel at Citi's 2023 Global Property CEO Conference in Hollywood, FL. The U.S Strip Center panel is scheduled for Tuesday, March 7, 2023 at 3:40 PM ET.

RPT Realty to Present at Citi's 2023 Global Property CEO Conference

RPT's preferreds are paying out a 7% yield in perpetuity. The commons currently offer a 5.2% yield, which has been recovering since its suspension early during the pandemic.

RPT Realty: The Preferreds Offer A 7% Yield Forever

RPT Realty (NYSE:RPT ) Q4 2022 Earnings Conference Call February 16, 2023 9:00 AM ET Company Participants Craig Benigno - Senior Analyst, Investor Relations Brian Harper - President and CEO Mike Fitzmaurice - CFO Conference Call Participants Todd Thomas - KeyBanc Capital Markets Wes Golladay - Baird Conor Peaks - Deutsche Bank R.J. Milligan - Raymond James Hong Zhang - JPMorgan Floris Van Dijkum - Compass Point Linda Tsai - Jefferies Lizzy Doykan - Bank of America Operator [Starts Abruptly] Fourth Quarter 2022 Earnings Conference Call.

RPT Realty (RPT) Q4 2022 Earnings Call Transcript

RPT Realty has an interest in a national portfolio of open-air shopping centers, located primarily in the top MSAs in the U.S. Their tenants include large national retailers, as well as smaller local tenants.

RPT Realty: Underwhelming 2023 Guidance

RPT Realty (RPT) delivered FFO and revenue surprises of 4.35% and 4.76%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

RPT Realty (RPT) Tops Q4 FFO Estimates

RPT Realty Reports Fourth Quarter and Full Year 2022 Results; Provides Initial 2023 Guidance; Increases Quarterly Common Dividend

NEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that its Board of Trustees declared a first quarter 2023 regular cash dividend of $0.14 per common share, representing an increase of 8% over the prior quarterly rate. The Board of Trustees also approved a first quarter 2023 Series D convertible preferred share dividend of $0.90625 per share. The current conversion ratio of the Series D convertible preferred shares can be found on the Company's website at investors.rptrealty.com/shareholder-information/dividends. The dividends for the period January 1, 2023 through March 31, 2023 are payable on April 3, 2023 for shareholders of record on March 20, 2023.

RPT Realty Declares and Raises Common Share Dividend by 8% and Declares Preferred Share Dividend

NEW YORK, Jan. 26, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today tax reporting information for the 2022 dividend distributions on its common and preferred shares.

RPT Realty Announces Tax Reporting Information for its 2022 Dividend Distributions

Bed Bath & Beyond

Acadia Realty Trust

After months of racing toward the bottom, Bed Bath & Beyond (NASDAQ: BBBY ) stock is back in the green. The struggling retailer has been swept up in this week's meme-stock surge, described by CNBC as a “nonsense rally.

3 REITs to Sell FAST as Bed Bath & Beyond Heads for Bankruptcy

NEW YORK, Jan. 10, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today investment and capital markets activity for the quarter and year ended December 31, 2022.

RPT Realty Announces 2022 Investment and Capital Markets Activity

RPT Realty is a commercial REIT growing its exposure to grocery-anchored locations in growing U.S. markets. RPT has realized incredible leasing spreads.

RPT Realty: A Low Risk Preferred Share Offering With A 7% Yield

News for Ramco-Gershenson Properties Stock (RPT)