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RPT News and Press, RPT Realty From 04/14/21

Stock Information

Company Name: RPT Realty
Stock Symbol: RPT
Market: NYSE
Website: rptrealty.com

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RPT - Baird downgrades Regency Centers, RPAI, RPT Realty, upgrades Kimco

Baird analyst Wesley Golladay downgrades Regency Centers ([[REG]] -0.8%), Retail Properties of America ([[RPAI]] +1.8%), and RPT Realty ([[RPT]] +1.4%) to Neutral from Outperform and upgrades Kimco Realty ([[KIM]] +0.1%) to Outperform from Neutral as he sees a strong start to 2021 leads leadi...

RPT - RPT Realty: Too Murky

RPT Realty is an intriguing REIT for investors to consider, especially with its dual focus on owning properties and engaging in joint ventures. However, the recent past has not been kind to the business and there is a great deal of uncertainty as to what the future might look like. ...

RPT - The Retiree's Dividend Portfolio - John's February Update: Finding Value In Defensive Stocks

John's retirement accounts generated a total of $1,006.80 of dividend income for February 2021 vs. $1,167.55 of dividend income for February 2020. John's Traditional IRA had a balance of $289,927.04 as of February 28, 2021, vs. $257,861.18 on February 28, 2020. The estimated annualize...

RPT - Strip Center REITs: Crawling From The Wreckage

Most strip center REITs cut or suspended dividends in 2020. 2021 dividend reinstatements have been at far more conservative levels. The average year-over-year decrease is 42%. 2021 will still be a year of recovery, not normalcy. For further details see: Strip Center ...

RPT - RPT Realty Announces First Quarter 2021 Earnings Release Date and Conference Call Information

NEW YORK, March 17, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (the “Company”) announced today that it will release its first quarter 2021 earnings press release after the market closes on Wednesday, May 5, 2021. The Company will host a conference call on Thursday, May...

RPT - Shopping Center REITs: Too Far, Too Fast

Too far, too fast? Shopping Center REITs have continued their post-vaccine resurgence into early 2021, surging another 30% this year and pushing stock prices back near pre-pandemic levels. Shopping center REITs fared far better than their enclosed mall peers but still reported an aver...

RPT - RPT Realty to Present at the Citi 2021 Virtual Global Property CEO Conference

NEW YORK, March 08, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (the “Company”) announced today that President and Chief Executive Officer, Brian Harper, will present at the Citi 2021 Virtual Global Property CEO Conference. The Company’s roundtable presentation i...

RPT - Tyler Sorenson Joins RPT Realty to Lead Investments for Newly Formed Net Lease Retail Real Estate Platform

NEW YORK, March 08, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE: RPT) (“RPT” or the “Company”), a publicly traded real estate investment trust that owns and operates a portfolio of open-air shopping destinations principally located in top U.S. markets, has hired Ty...

RPT - RPT Realty Announces Formation of New Net Lease Retail Real Estate Platform with Sovereign Wealth Fund GIC, Zimmer and Monarch

The platform will target the acquisition of over $1.2 billion of net lease retail assets with a focus on essential and high credit quality tenants The initial investment portfolio is to be seeded with 42 single-tenant, net lease retail assets from RPT valued at $151 million ...

RPT - The Retiree's Dividend Portfolio - John's January Update: Disappointing Dividend Forecast

John's retirement accounts generated a total of $1,803.34 of dividend income for January 2021 vs. $2,211.06 of dividend income for January 2020. John's Traditional IRA had a balance of $273,135.02 as of January 31, 2021, vs. $279,702.70 on January 31, 2020. The estimated annualized yi...

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