Retail Properties of America Inc. (NYSE: RPAI) is -46.64% lower on its value in year-to-date trading and has touched a low of $2.87 and a high of $14.30 in the current 52-week trading range. The RPAI stock was last observed hovering at around $7.15 in the recent trading session, with the current gains setting it 0.05% off its average median price target of $8.00 for the next 12 months. It is also 28.0% off the consensus price target high of $10.00 offered by 8 analysts, but current levels are -44.0% lower than the price target low of $5.00 for the same period.
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At last check, trading at $7.20, the stock is 2.21% and 18.73% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.43 million and changing 0.70% at the moment leaves the stock -28.03% off its SMA200. RPAI registered -40.17% loss for a year compared to 6-month loss of -45.08%. The firm has a 50-day simple moving average (SMA 50) of $6.51 and a 200-day simple moving average (SMA200) of $8.43.
The stock witnessed a 4.08% gain in the last 1 month and extending the period to 3 months gives it a 48.65%, and is 0.42% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.98% over the week and 7.52% over the month.
Retail Properties of America Inc. (RPAI) has around 215 employees, a market worth around $1.54B and $477.70M in sales. Current P/E ratio is 48.97 and Fwd P/E is 37.43. Profit margin for the company is 6.50%. Distance from 52-week low is 150.87% and -49.65% from its 52-week high. The company has generated returns on investments over the last 12 months (2.80%).
Retail Properties of America Inc. (RPAI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Retail Properties of America Inc. (RPAI) is a “Hold”. 8 analysts offering their recommendations for the stock have an average rating of 2.70, where 2 rate it as a Hold and 2 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
Retail Properties of America Inc. is expected to release its quarterly report on 08/04/2020 and quarterly earnings per share for the current quarter are estimated at $0.04 with sales reaching $105.8M over the same period.The EPS is expected to shrink by -57.60% this year, but quarterly earnings will post -8.00% year-over-year. Quarterly sales are estimated to shrink -10.70% in year-over-year returns.
Retail Properties of America Inc. (RPAI) Top Institutional Holders
371 institutions hold shares in Retail Properties of America Inc. (RPAI), with 1.64M shares held by insiders accounting for 0.77% while institutional investors hold 90.69% of the company’s shares. The shares outstanding are 213.22M, and float is at 212.34M with Short Float at 1.48%. Institutions hold 89.99% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 31.76 million shares valued at $164.22 million. The investor’s holdings represent 14.83% of the RPAI Shares outstanding. As of Mar 30, 2020, the second largest holder is Blackrock Inc. with 14.72 million shares valued at $76.08 million to account for 6.87% of the shares outstanding. The other top investors are Cohen & Steers Inc. which holds 10.26 million shares representing 4.79% and valued at over $53.05 million, while CenterSquare Investment Management LLC holds 4.53% of the shares totaling 9.7 million with a market value of $50.13 million.
Retail Properties of America Inc. (RPAI) Insider Activity
A total of 26 insider transactions have happened at Retail Properties of America Inc. (RPAI) in the last six months, with sales accounting for 6 and purchases happening 20 times. The most recent transaction is an insider purchase by Imperiale Richard P, the company’s Director. SEC filings show that Imperiale Richard P bought 550 shares of the company’s common stock on Mar 12 at a price of $7.86 per share for a total of $4324.0. Following the purchase, the insider now owns 74553.0 shares.
Retail Properties of America Inc. disclosed in a document filed with the SEC on Mar 11 that Imperiale Richard P (Director) bought a total of 600 shares of the company’s common stock. The trade occurred on Mar 11 and was made at $8.80 per share for $5277.0. Following the transaction, the insider now directly holds 74003.0 shares of the RPAI stock.
Still, SEC filings show that on Mar 10, Imperiale Richard P (Director) acquired 200 shares at an average price of $8.95 for $1790.0. The insider now directly holds 73,403 shares of Retail Properties of America Inc. (RPAI).