$0.25 EPS Expected for Retail Properties of America Inc (RPAI)

October 7, 2017 - By Adrian Erickson

 $0.25 EPS Expected for Retail Properties of America Inc (RPAI)

Analysts expect Retail Properties of America Inc (NYSE:RPAI) to report $0.25 EPS on October, 30 after the close.They anticipate $0.02 EPS change or 7.41 % from last quarter’s $0.27 EPS. RPAI’s profit would be $57.65M giving it 13.27 P/E if the $0.25 EPS is correct. After having $0.27 EPS previously, Retail Properties of America Inc’s analysts see -7.41 % EPS growth. The stock decreased 1.12% or $0.15 on October 6, reaching $13.27. About 1.41 million shares traded. Retail Properties of America Inc (NYSE:RPAI) has declined 18.94% since October 7, 2016 and is downtrending. It has underperformed by 35.64% the S&P500.

Retail Properties of America Inc (NYSE:RPAI) Ratings Coverage

Among 7 analysts covering Retail Properties of America (NYSE:RPAI), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Retail Properties of America had 14 analyst reports since January 15, 2016 according to SRatingsIntel. Deutsche Bank upgraded the shares of RPAI in report on Tuesday, January 19 to “Buy” rating. The stock has “Hold” rating by Jefferies on Monday, July 24. The rating was initiated by Credit Suisse on Monday, January 18 with “Outperform”. Jefferies maintained the shares of RPAI in report on Monday, June 5 with “Hold” rating. JP Morgan upgraded the shares of RPAI in report on Friday, December 16 to “Neutral” rating. The firm has “Hold” rating by Jefferies given on Monday, August 28. The rating was upgraded by Citigroup to “Buy” on Monday, April 4. Citigroup maintained Retail Properties of America Inc (NYSE:RPAI) rating on Thursday, August 11. Citigroup has “Buy” rating and $20 target. Robert W. Baird initiated Retail Properties of America Inc (NYSE:RPAI) rating on Wednesday, March 30. Robert W. Baird has “Outperform” rating and $18 target. Jefferies maintained the stock with “Hold” rating in Tuesday, June 20 report.

Retail Properties of America, Inc. is a real estate investment trust . The company has market cap of $3.06 billion. The Firm owns and operates shopping centers located in the United States. It has a 16.76 P/E ratio. As of December 31, 2016, it owned 156 retail operating properties representing 25,832,000 square feet of gross leasable area (GLA).

More important recent Retail Properties of America Inc (NYSE:RPAI) news were published by: Baltimoresun.com which released: “Construction of Circle East in Towson has begun” on September 27, 2017, also Prnewswire.com published article titled: “Retail Properties Of America, Inc. Reports Minimal Damage From Hurricane Irma”, Streetinsider.com published: “Retail Properties of America (RPAI) CFO Resigns to Pursue Other Opportunities” on September 21, 2017. More interesting news about Retail Properties of America Inc (NYSE:RPAI) was released by: Nasdaq.com and their article: “Retail Properties of America, Inc. (RPAI) Ex-Dividend Date Scheduled for …” with publication date: September 22, 2017.

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