RPT News and Press, RPT Realty From 05/03/23

2023-05-03 17:23:48 ET RPT Realty press release ( NYSE: RPT ): Q1 FFO of $0.25 beats by $0.01 . Revenue of $52.25M (-6.8% Y/Y) beats by $1.7M . Same property net operating income growth of 3.8% in the first quarter 2023 , compared to an in...

Financial Highlights Net income (loss) attributable to common shareholders for the first quarter 2023 of $(0.4) million , or $(0.01) per diluted share, compared to $4.1 million , or $0.05 per diluted share for the same period in 2022 ...

2023-05-02 08:30:00 ET Summary IVT's portfolio of well-located, grocery-anchored shopping centers overwhelmingly in the Sunbelt looks highly defensive in the current chaotic economic environment. About 41% of the REIT's rent derives from the fast-growing state of Texas. Organi...

NEW YORK, April 27, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that its Board of Trustees declared a second quarter 2023 regular cash dividend of $0.14 per common share. The Board of Trustees also approved a second quart...

2023-04-21 08:30:00 ET Summary Media pundits frequently and sloppily equate office buildings with "commercial real estate," but the two are not equal. There's a lot more to CRE than half-empty downtown office towers. I am staying far, far away from office REITs, even if they seem ...

2023-04-19 15:38:04 ET Summary Grocery-anchored shopping centers look strong fundamentally. They are also trading at attractive valuations. We analyze the best deals in the sector. In our previous article , we discussed the idea that grocery-anchored shopping cen...

NEW YORK, March 20, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it will release its first quarter 2023 earnings press release after the market closes on Wednesday, May 3, 2023. The Company will host a conference call...

NEW YORK, March 15, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today the appointment of Amy Sands as Executive Vice President, Head of Investments, effective May 8, 2023. Based in the Company’s New York office, Ms. Sand...

NEW YORK, March 02, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that President and Chief Executive Officer, Brian Harper, will participate on a U.S. Strip Center panel at Citi’s 2023 Global Property CEO Conference ...

Summary RPT's preferreds are paying out a 7% yield in perpetuity. The commons currently offer a 5.2% yield, which has been recovering since its suspension early during the pandemic. Fiscal 2022 fourth quarter earnings saw FFO at $0.24 per share, up from $0.16 per share in the year-a...