Retail Properties of America, Inc. (RPAI) Company Bio
Retail Properties of America invests in retail properties, including lifestyle, power, neighborhood, and community centers, in addition to single-user net lease properties. The company was founded in 1986 and is based in Oak Brook, Illinois.
RPAI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Retail Properties Of America Inc. To summarize, we found that Retail Properties Of America Inc ranked in the 26th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 61.17%. In terms of the factors that were most noteworthy in this DCF analysis for RPAI, they are:
Its compound free cash flow growth rate, as measured over the past 5.47 years, is -0.08% -- higher than just 15.68% of stocks in our DCF forecasting set.
39% of the company's capital comes from equity, which is greater than just 18.79% of stocks in our cash flow based forecasting set.
As a business, Retail Properties Of America Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Real Estate), this tax rate is higher than only 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
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Retail Properties of America (RPAI) collects 77% of August rent, while July rent collection improved to 76% from the 71.4% it previously reported.The REIT also announced that it resumed its dividend for class A common stock at 5 cents per common share. That's down from its last dividend of 16.56...
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
Retail Properties of America (RPAI) to sell $100M of its 4.00% senior unsecured notes due March 15, 2025 at 99.010% of par value plus accrued and unpaid interest from March 15, 2020.The notes constituted a further issuance of previously issued 4.00% senior unsecured notes due 2025, $250M of which are...
Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") announced today that it has agreed to sell $100.0 million aggregate principal amount of its 4.00% senior unsecured notes due 2025 (the "Notes") in an underwritten public offering. The Notes will be issued at 99.010% of par value plus accrued and unpaid interest from March 15, 2020 to, but not including, the date of delivery of the Notes. The Notes will mature on March 15, 2025, unless earlier redeemed. The Notes constitute a further issuance of, and form a single series with, the Company's previously issued 4.00% senior unsecured notes due 2025, $250.0 million of which are currently outstanding. The offering is expected to close on July 21, 2020, subject to customary closing conditions.
Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today provided an update on cash rent collection statistics for the months of April, May, and June 2020. Compared to the previously reported 60.3% of April rent collected as of May 28, 2020, the Company has received 67.4% of April rent as of June 30, 2020. Compared to the previously reported 52.4% of May rent collected as of May 28, 2020, the Company has received 63.7% of May rent as of June 30, 2020. Rent collection for June as of June 30, 2020 totals 64.7%, ahead of the realized collection pace of both April and May during the same days of those calendar months. In the aggregate, the Company has collected 65.3% of second quarter 2020 rent as of June 30, 2020.