Market Analysts see Retail Properties of America Inc. [RPAI] gaining to $7. Time to buy?

Retail Properties of America Inc. [NYSE: RPAI] closed the trading session at $5.88 on 10/23/20. The day’s price range saw the stock hit a low of $5.77, while the highest price level was $5.91. The company report on September 9, 2020 that Retail Properties of America, Inc. Announces Third Quarter 2020 Dividend on Common Stock and Provides Business Update.

Retail Properties of America, Inc. (NYSE: RPAI) (the “Company”) today announced that its board of directors has declared a third quarter dividend for its outstanding Class A common stock of $0.05 per common share. The Company’s board had previously suspended the dividend to preserve and enhance liquidity and capital positioning. The dividend of $0.05 per common share will be paid on October 9, 2020, to Class A common stockholders of record on September 25, 2020.

“I am pleased to report that our board has resumed dividend payments for 2020,” stated Steve Grimes, chief executive officer. “This reinstated dividend level takes into consideration dividends already paid year to date. The Board will continue to monitor our financial performance and declare additional dividend payments to at least cover our minimum taxable distribution requirements. This move further signals our desire to preserve our balance sheet strength and financial flexibility and the stabilization in our underlying business, including our improving rent collection trends, the ongoing reopening of our tenant base and our recent successful efforts to further reinforce our sound capital structure position. Our July rent collection level has improved from the previously reported 71.4% to 76%, and August rent collection stands at 77%, as our open square footage percentage has continued to migrate higher and now stands at 93%. We look forward to driving incremental operational progress and delivering on our goal to grow this initial quarterly dividend amount as conditions further normalize in the coming quarters.”.

The stocks have a year to date performance of -56.12 percent and weekly performance of 5.00 percent. The stock has been moved at 12.86 percent over the last six months. The stock has performed 10.32 percent around the most recent 30 days and changed -2.97 percent over the most recent 3-months.

If compared to the average trading volume of 1.50M shares, RPAI reached to a volume of 1226456 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Retail Properties of America Inc. [RPAI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RPAI shares is $7.44 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RPAI stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Deutsche Bank have made an estimate for Retail Properties of America Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 27, 2020. The new note on the price target was released on April 22, 2020, representing the official price target for Retail Properties of America Inc. stock. Previously, the target price had yet another drop from $16 to $5, while Citigroup kept a Neutral rating on RPAI stock.

The Average True Range (ATR) for Retail Properties of America Inc. is set at 0.27, with the Price to Sales ratio for RPAI stock in the period of the last 12 months amounting to 2.70. The Price to Book ratio for the last quarter was 0.79, with the Price to Cash per share for the same quarter was set at 0.06. Price to Free Cash Flow for RPAI in the course of the last twelve months was 473.00.

RPAI stock trade performance evaluation

Retail Properties of America Inc. [RPAI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.00. With this latest performance, RPAI shares gained by 10.32% in over the last four-week period, additionally plugging by 12.86% over the last 6 months – not to mention a drop of -56.28% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RPAI stock in for the last two-week period is set at 50.47, with the RSI for the last a single of trading hit 54.39, and the three-weeks RSI is set at 48.40 for Retail Properties of America Inc. [RPAI]. The present Moving Average for the last 50 days of trading for this stock 6.14, while it was recorded at 5.63 for the last single week of trading, and 7.25 for the last 200 days.

Retail Properties of America Inc. [RPAI]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Retail Properties of America Inc. [RPAI] shares currently have an operating margin of +11.30 and a Gross Margin at +35.39. Retail Properties of America Inc.’s Net Margin is presently recorded at +6.60.

Return on Total Capital for RPAI is now 1.63, given the latest momentum, and Return on Invested Capital for the company is 0.95. Return on Equity for this stock inclined to 1.89, with Return on Assets sitting at 0.88. When it comes to the capital structure of this company, Retail Properties of America Inc. [RPAI] has a Total Debt to Total Equity ratio set at 105.12. Additionally, RPAI Total Debt to Total Capital is recorded at 51.25, with Total Debt to Total Assets ending up at 47.85. Long-Term Debt to Equity for the company is recorded at 104.97, with the Long-Term Debt to Total Capital now at 51.17.

Reflecting on the efficiency of the workforce at the company, Retail Properties of America Inc. [RPAI] managed to generate an average of $148,800 per employee. Receivables Turnover for the company is 6.37 with a Total Asset Turnover recorded at a value of 0.13.

Earnings per share (EPS) analysis for Retail Properties of America Inc. [RPAI] stock

With the latest financial reports released by the company, Retail Properties of America Inc. posted -0.13/share EPS, while the average EPS was predicted by analysts to be reported at 0.06/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -316.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RPAI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Retail Properties of America Inc. go to -4.49%.

Retail Properties of America Inc. [RPAI]: Insider Ownership positions

There are presently around $1,257 million, or 99.50% of RPAI stock, in the hands of institutional investors. The top three institutional holders of RPAI stocks are: BLACKROCK INC. with ownership of 38,045,870, which is approximately 158.548% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 32,942,160 shares of the stock with an approximate value of $193.7 million in RPAI stocks shares; and CENTERSQUARE INVESTMENT MANAGEMENT LLC, currently with $83.84 million in RPAI stock with ownership of nearly 47.063% of the company’s market capitalization.

Positions in Retail Properties of America Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 121 institutional holders increased their position in Retail Properties of America Inc. [NYSE:RPAI] by around 60,900,857 shares. Additionally, 139 investors decreased positions by around 29,103,352 shares, while 40 investors held positions by with 123,744,681 shares. The mentioned changes placed institutional holdings at 213,748,890 shares, according to the latest SEC report filing. RPAI stock had 38 new institutional investments in for a total of 9,573,985 shares, while 51 institutional investors sold positions of 7,549,459 shares during the same period.

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