Ramco-Gershenson Properties Trust (NYSE:RPT) Given Daily Media Impact Score of 0.16
Press coverage about Ramco-Gershenson Properties Trust (NYSE:RPT) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ramco-Gershenson Properties Trust earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 46.6157963285021 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern’s analysis:
- Ramco-Gershenson Properties Trust (RPT) Receives Consensus Recommendation of “Buy” from Analysts (americanbankingnews.com)
- IHS Markit Score downgrades Ramco-Gershenson Properties Trust to 32 out of 100, ranking positively in two out of three available IHS Markit categories. (finance.yahoo.com)
- See what the IHS Markit Score report has to say about Ramco-Gershenson Properties Trust. (finance.yahoo.com)
- Is Ramco-Gershenson a Great Stock for Value Investors? (finance.yahoo.com)
- Ramco-Gershenson Properties Trust (NYSE:RPT) Shares Bought by Teachers Advisors LLC (expressnewsline.com)
A number of equities research analysts recently weighed in on the stock. KeyCorp restated an “overweight” rating and issued a $16.00 target price (down previously from $18.00) on shares of Ramco-Gershenson Properties Trust in a report on Wednesday, June 28th. Zacks Investment Research lowered shares of Ramco-Gershenson Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, July 20th. BidaskClub upgraded shares of Ramco-Gershenson Properties Trust from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. FBR & Co reiterated an “outperform” rating and issued a $15.00 price objective on shares of Ramco-Gershenson Properties Trust in a research note on Tuesday, July 11th. Finally, ValuEngine upgraded shares of Ramco-Gershenson Properties Trust from a “hold” rating to a “buy” rating in a research note on Saturday, July 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. Ramco-Gershenson Properties Trust has an average rating of “Buy” and a consensus target price of $16.00.
Ramco-Gershenson Properties Trust (RPT) opened at 13.30 on Friday. Ramco-Gershenson Properties Trust has a 52-week low of $11.86 and a 52-week high of $19.89. The company has a market capitalization of $1.06 billion, a P/E ratio of 32.44 and a beta of 0.71. The stock’s 50 day moving average is $13.43 and its 200-day moving average is $13.98.
Ramco-Gershenson Properties Trust (NYSE:RPT) last released its quarterly earnings data on Tuesday, August 1st. The real estate investment trust reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.01. Ramco-Gershenson Properties Trust had a net margin of 15.05% and a return on equity of 4.99%. The firm had revenue of $67.10 million during the quarter, compared to analysts’ expectations of $67.05 million. During the same period in the previous year, the company earned $0.35 earnings per share. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. Analysts predict that Ramco-Gershenson Properties Trust will post $0.25 EPS for the current fiscal year.
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About Ramco-Gershenson Properties Trust
Ramco-Gershenson Properties Trust is an equity real estate investment trust. The Company’s primary business is the ownership, management, redevelopment, development and operation of retail shopping centers. As of December 31, 2016, it owned and managed multi-anchored shopping centers in 12 metropolitan markets in the United States.
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