Retail Properties of America (NYSE:RPAI) is scheduled to post its quarterly earnings results after the market closes on Tuesday, October 30th. Analysts expect Retail Properties of America to post earnings of $0.25 per share for the quarter. Retail Properties of America has set its FY18 guidance at $1.00-1.02 EPS.

Retail Properties of America (NYSE:RPAI) last released its quarterly earnings results on Tuesday, July 31st. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.20). The firm had revenue of $119.16 million for the quarter, compared to analysts’ expectations of $120.92 million. Retail Properties of America had a net margin of 39.61% and a return on equity of 10.31%. On average, analysts expect Retail Properties of America to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

RPAI opened at $11.80 on Monday. The firm has a market cap of $2.59 billion, a PE ratio of 11.13 and a beta of 0.25. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.82. Retail Properties of America has a one year low of $10.84 and a one year high of $13.60.

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 10th. Stockholders of record on Thursday, December 27th will be given a dividend of $0.166 per share. The ex-dividend date of this dividend is Wednesday, December 26th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.63%. Retail Properties of America’s dividend payout ratio (DPR) is currently 62.26%.

In other news, Director Gerald M. Gorski sold 3,962 shares of the company’s stock in a transaction dated Friday, September 14th. The shares were sold at an average price of $12.61, for a total transaction of $49,960.82. Following the completion of the transaction, the director now directly owns 55,129 shares of the company’s stock, valued at $695,176.69. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.49% of the company’s stock.

A number of research analysts have recently commented on the stock. ValuEngine lowered shares of Retail Properties of America from a “hold” rating to a “sell” rating in a research report on Monday, July 2nd. Jefferies Financial Group set a $13.00 price objective on shares of Retail Properties of America and gave the stock a “hold” rating in a report on Tuesday, July 17th. Zacks Investment Research downgraded shares of Retail Properties of America from a “hold” rating to a “sell” rating in a report on Wednesday, July 18th. JPMorgan Chase & Co. dropped their price objective on shares of Retail Properties of America from $13.50 to $13.00 and set a “neutral” rating for the company in a report on Thursday, September 27th. Finally, Deutsche Bank raised shares of Retail Properties of America from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Tuesday, August 28th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $15.07.

Retail Properties of America Company Profile

Retail Properties of America, Inc is a REIT that owns and operates high quality, strategically located open-air shopping centers, including properties with a mixed-use component. As of June 30, 2018, the Company owned 105 retail operating properties in the United States representing 19.5 million square feet.

Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks

Earnings History for Retail Properties of America (NYSE:RPAI)

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