RPT Realty owns and operates a national portfolio of open-air shopping destinations principally located in top U.S.
Good value with proven track record and pays a dividend.
Share Price & News
How has RPT Realty's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: R4F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: R4F underperformed the German REITs industry which returned 44.8% over the past year.
Return vs Market: R4F exceeded the German Market which returned 12.8% over the past year.
Price Volatility Vs. Market
How volatile is RPT Realty's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is RPT Realty undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: R4F (€13.36) is trading below our estimate of fair value (€26.51)
Significantly Below Fair Value: R4F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: R4F is poor value based on its PE Ratio (13.8x) compared to the REITs industry average (9.8x).
PE vs Market: R4F is good value based on its PE Ratio (13.8x) compared to the German market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: R4F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: R4F is good value based on its PB Ratio (1.6x) compared to the DE REITs industry average (1.7x).
How is RPT Realty forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: R4F's earnings are forecast to decline over the next 3 years (-94.4% per year).
Earnings vs Market: R4F's earnings are forecast to decline over the next 3 years (-94.4% per year).
High Growth Earnings: R4F's earnings are forecast to decline over the next 3 years.
Revenue vs Market: R4F's revenue (0.06% per year) is forecast to grow slower than the German market (5.2% per year).
High Growth Revenue: R4F's revenue (0.06% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: R4F's Return on Equity is forecast to be low in 3 years time (0.3%).
How has RPT Realty performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: R4F has a large one-off gain of $79.9M impacting its December 31 2019 financial results.
Growing Profit Margin: R4F's current net profit margins (36.2%) are higher than last year (4%).
Past Earnings Growth Analysis
Earnings Trend: R4F has become profitable over the past 5 years, growing earnings by 6.4% per year.
Accelerating Growth: R4F's earnings growth over the past year (711%) exceeds its 5-year average (6.4% per year).
Earnings vs Industry: R4F earnings growth over the past year (711%) exceeded the REITs industry 91.2%.
Return on Equity
High ROE: R4F's Return on Equity (11%) is considered low.
Return on Assets
Return on Capital Employed
How is RPT Realty's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: R4F has a high level of physical assets or inventory.
Debt Coverage by Assets: R4F's debt is not covered by short term assets (assets are 0.1x debt).
Financial Institutions Analysis
Asset Level: R4F's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if R4F has a sufficient allowance for bad loans.
Low Risk Liabilities: R4F reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if R4F has an acceptable proportion of non-loan assets held.
Low Risk Deposits: R4F has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if R4F has an appropriate level of bad loans.
What is RPT Realty's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: R4F's dividend (6%) is higher than the bottom 25% of dividend payers in the German market (1.31%).
High Dividend: R4F's dividend (6%) is in the top 25% of dividend payers in the German market (3.63%)
Stability and Growth of Payments
Stable Dividend: R4F's dividend payments have been volatile in the past 10 years.
Growing Dividend: R4F's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (95.1%), R4F's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: R4F's dividends in 3 years are forecast to be thoroughly covered by earnings (0.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brian Harper (43yo)
Mr. Brian L. Harper is the President, CEO & Trustee at RPT Realty since June 15, 2018. He served as Chief Executive Officer of Rouse Properties, Inc. since September 2016 and served as its Chief Operating ...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD8.05M) is above average for companies of similar size in the German market ($USD1.52M).
Compensation vs Earnings: Insufficient data to compare Brian's compensation with company performance.
|Executive VP & CFO||1.7yrs||US$1.40m||0.062% $684.8k|
|Senior VP & Chief Accounting Officer||2.9yrs||US$568.28k||0.020% $222.1k|
|Executive Vice President of Leasing||1.5yrs||US$943.71k||0.042% $468.5k|
|Senior Vice President of Investments||0.6yrs||no data||no data|
|Senior VP||2yrs||no data||no data|
|Head of Human Resources||0yrs||no data||no data|
|Senior Vice President of Asset Management||0yrs||no data||no data|
|Senior Vice President of Development||1.4yrs||no data||no data|
|Vice President of Finance||1.5yrs||no data||no data|
Experienced Management: R4F's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
|Independent Trustee||1.2yrs||US$53.78k||0.014% $155.6k|
|Independent Trustee||31.7yrs||US$150.00k||0.13% $1.5m|
|Independent Trustee||8yrs||US$165.00k||0.080% $888.7k|
|Independent Trustee||0.8yrs||no data||0.0096% $106.3k|
|Independent Trustee||4.3yrs||US$155.00k||0.035% $389.5k|
|Independent Trustee||1.4yrs||US$82.54k||0.016% $177.2k|
Experienced Board: R4F's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
RPT Realty's company bio, employee growth, exchange listings and data sources
- Name: RPT Realty
- Ticker: R4F
- Exchange: DB
- Founded: 1997
- Industry: Retail REITs
- Sector: Real Estate
- Implied Market Cap: US$1.206b
- Market Cap: US$1.085b
- Listing Market Cap: US$1.111b
- Shares outstanding: 82.28m
- Website: https://rptrealty.com
Number of Employees
- RPT Realty
- 19 West 44th Street
- Suite 1002
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RPT||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Dec 1988|
|R4F||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 1988|
|0A1L||LSE (London Stock Exchange)||Yes||Common Shares||GB||EUR||Dec 1988|
RPT Realty owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The Company's shopping centers offer diverse, locally-curated consumer experiences that reflect the lifestyles of their surrounding communities and meet the modern expectations of the Company's retail partners. The Company is a fully integrated and self-administered REIT publicly traded on the New York Stock Exchange (the “NYSE”). The common shares of the Company, par value $0.01 per share (the “common shares”) are listed and traded on the NYSE under the ticker symbol “RPT”. As of December 31, 2019, our property portfolio consisted of 49 shopping centers (including five shopping centers owned through a joint venture) representing 11.9 million square feet of gross leasable area (“GLA”). As of December 31, 2019, the Company's pro-rata share of the aggregate portfolio was 94.7% leased.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/22 21:09|
|End of Day Share Price||2020/02/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.