Ramco-Gershenson Properties Trust engages in the ownership, development, acquisition, management, and leasing of community shopping centers, single tenant retail properties, and one regional mall in the Midwestern, Southeastern, and Mid-Atlantic regions of the United States. The company was founded in 1988 and is based in Farmington Hills, Michigan.
RPT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for RPT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that RPT Realty ranked in the 0th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for RPT, they are:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 37. Notably, its equity weight is greater than merely 23.8% of US equities in the Real Estate sector yielding a positive free cash flow.
RPT Realty's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 13.32% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
COLD, CPT, CWK, FREVS, and HST can be thought of as valuation peers to RPT, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.
RPT Realty's (RPT) August collections of rent and recovery income through September 4, 2020 were 86%, up from 79% in July and 70% in Q2.Including signed or approved deferral agreements totaling 7%, the company has addressed 93% of its August billed rent and recovery income."Against the backdrop of a re-acceleration in...
RPT Realty (RPT) is a small cap shopping center REIT. Now that we have two quarters of COVID-19 impacted results to look at, we can see that RPT has seen leverage rise, cash flow decline, and difficulty collecting all of rent. The stock price has declined to a point in...
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
RPT Realty (RPT) (the “Company”) announced today that it will be hosting meetings with investors during the Nareit REITweek Virtual Investor Conference on Tuesday, June 2, 2020 and Wednesday, June 3, 2020. The Company posted an investor presentation to its website at investors.rptrealty.com that management will reference during the conference.
RPT Realty (RPT) (the “Company”) announced today that it will release its second quarter 2020 earnings press release after the market closes on Tuesday, August 4, 2020. The Company will host a conference call on Wednesday, August 5, 2020 at 9:00 AM (ET) to discuss its financial and operating results. A live webcast will be available online on the Company’s website at investors.rptrealty.com.