RPT REALTY

When you get a 1-2 punch of inflation and recessionary fears as we’ve had in 2022, investors begin to lose faith in the ability of shopping centers and regional malls to thrive under adverse conditions. As a result, the prices of retail stocks have been hit hard in recent months. Analysts have been forced to lower their target prices, yet their upside targets from current levels remain high. Here are three retail REITs that analysts have recently cited as having the highest potential upside: RPT Realty (NYSE: RPT ) is a NYC-based REIT that owns, operates and manages 57 open air shopping centers across 16 states, mostly in the Northeastern U.S. RPT Realty has a 93.3% overall occupancy rate in its portfolio of stores. This rate has been fairly stable over the last two years. The 52-week range for RPT is $7.51 to $14.99, but the stock has fallen 42% since last November. The stock is currently sitting right near its 52-week low. 2nd quarter 2022 revenue declined, but earnings per share (EPS) was up from the previous quarter.

RPT Realty (RPT) is not the cheapest prospect out there, nor the most interesting. Read more to see why I upgrade RPT stock from hold to buy.

RPT Realty owns a national portfolio of open-air shopping destinations. Read more to see why I think there is upside potential in RPT stock.

Upgrades According to Jefferies, the prior rating for Digital Realty Trust Inc (NYSE: DLR ) was changed from Hold to Buy. Digital Realty Trust earned $1.67 in the first quarter, compared to $1.67 in the year-ago quarter. At the moment, the stock has a 52-week-high of $178.22 and a 52-week-low of $124.00. Digital Realty Trust closed at $127.40 at the end of the last trading period. For Equinix Inc (NASDAQ: EQIX ), Jefferies upgraded the previous rating of Hold to Buy. For the first quarter, Equinix had an EPS of $7.16, compared to year-ago quarter EPS of $6.98. The stock has a 52-week-high of $885.26 and a 52-week-low of $606.12. At the end of the last trading period, Equinix closed at $649.50. Jefferies upgraded the previous rating for Crown Castle International Corp (NYSE: CCI ) from Hold to Buy. In the first quarter, Crown Castle Intl showed an EPS of $1.87, compared to $1.71 from the year-ago quarter. The current stock performance of Crown Castle Intl shows a 52-week-high of $209.87 and a 52-week-low of $153.70.

RPT Realty (NYSE:RPT) shares, rose in value on Friday, 06/24/22, with the stock price up by 3.83% to the previous day’s close as strong demand from buyers drove the stock to $10.31. Actively observing the price movement in the last trading, the stock closed the session at $9.93, falling within a range of $9.98 and … What Analysts Were Expecting After RPT Realty (NYSE: RPT) rose 3.83% Read More »

Upgrades According to Jefferies, the prior rating for Digital Realty Trust Inc (NYSE: DLR ) was changed from Hold to Buy. Digital Realty Trust earned $1.67 in the first quarter, compared to $1.67 in the year-ago quarter. At the moment, the stock has a 52-week-high of $178.22 and a 52-week-low of $124.00. Digital Realty Trust closed at $127.40 at the end of the last trading period. For Equinix Inc (NASDAQ: EQIX ), Jefferies upgraded the previous rating of Hold to Buy. For the first quarter, Equinix had an EPS of $7.16, compared to year-ago quarter EPS of $6.98. The stock has a 52-week-high of $885.26 and a 52-week-low of $606.12. At the end of the last trading period, Equinix closed at $649.50. Jefferies upgraded the previous rating for Crown Castle International Corp (NYSE: CCI ) from Hold to Buy. In the first quarter, Crown Castle Intl showed an EPS of $1.87, compared to $1.71 from the year-ago quarter. The current stock performance of Crown Castle Intl shows a 52-week-high of $209.87 and a 52-week-low of $153.70.

RPT Realty (NYSE:RPT) shares, rose in value on Friday, 06/24/22, with the stock price up by 3.83% to the previous day’s close as strong demand from buyers drove the stock to $10.31. Actively observing the price movement in the last trading, the stock closed the session at $9.93, falling within a range of $9.98 and … What Analysts Were Expecting After RPT Realty (NYSE: RPT) rose 3.83% Read More »

NEW YORK, June 02, 2022 (GLOBE NEWSWIRE) -- RPT Realty (NYSE: RPT ) ("RPT" or the "Company") announced today that Brian Harper, President and Chief Executive Officer, is scheduled to make a presentation at Nareit''s REITweek: 2022 Investor Conference in New York on Wednesday, June 8, 2022 at 3:30 p.m. ET. A live webcast of the presentation will be available online on the Company''s website at investors.rptrealty.com or by using the link below. A replay of the webcast will be available for 30 days following the conclusion of the presentation. RPT Realty … Full story available on Benzinga.com

NEW YORK, May 18, 2022 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it will release its second quarter 2022 earnings press release after the market closes on Wednesday, August 3, 2022. The Company will host a conference call on Thursday, August 4, 2022 at 9:00 AM (ET) to discuss its financial and operating results.

NEW YORK, April 29, 2022 (GLOBE NEWSWIRE) -- RPT Realty (NYSE: RPT ) ("RPT" or the "Company") announced today that its Board of Trustees declared a second quarter 2022 regular cash dividend of $0.13 per common share. The Board of Trustees also approved a second quarter 2022 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, 2022 through June 30, 2022 are payable on … Full story available on Benzinga.com

RPT Realty (RPT) shares closed 1.0% lower than its previous 52 week high, giving the company a market cap of $1B. The stock is currently up 61.2% year-to-date, up 46.5% over the past 12 months, and down 1.1% over the past five years. This week, the Dow Jones Industrial Average rose 0.1%, and the S&P 500 rose 0.6%. Trading Activity Trading volume this week was 16.3% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 276.0% The company's stock price performance over the past 12 months beats the peer average by 0.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

RPT Realty (RPT) shares closed 2.2% higher than its previous 52 week high, giving the company a market cap of $1B. The stock is currently up 56.0% year-to-date, up 49.9% over the past 12 months, and down 2.8% over the past five years. This week, the Dow Jones Industrial Average rose 0.3%, and the S&P 500 rose 0.5%. Trading Activity Trading volume this week was 19.8% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.4. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 251.1% The company's stock price performance over the past 12 months beats the peer average by 1.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

RPT Realty (RPT) shares closed today at 1.0% below its 52 week high of $13.14, giving the company a market cap of $1B. The stock is currently up 47.8% year-to-date, up 94.6% over the past 12 months, and down 6.1% over the past five years. This week, the Dow Jones Industrial Average fell 0.4%, and the S&P 500 rose 0.1%. Trading Activity Trading volume this week was 23.6% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.7. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 162.6% The company's stock price performance over the past 12 months beats the peer average by 7.3% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

RPT Realty shares closed today at 1.8% below its 52 week high of $12.87, giving the company a market cap of $1B. The stock is currently up 47.0% year-to-date, up 141.3% over the past 12 months, and down 6.9% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 rose 0.6%. Trading Activity Trading volume this week was 28.0% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.8. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 179.8% The company's stock price performance over the past 12 months beats the peer average by 48.1% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

RPT Realty shares closed 1.7% higher than its previous 52 week high, giving the company a market cap of $1B. The stock is currently up 45.7% year-to-date, up 14.5% over the past 12 months, and down 2.3% over the past five years. This week, the Dow Jones Industrial Average rose 5.1%, and the S&P 500 rose 4.5%. Trading Activity Trading volume this week was 80.0% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.7. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 340.6% The company's stock price performance over the past 12 months lags the peer average by -71.1% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.