|Bid||10.85 x 2200|
|Ask||10.86 x 3100|
|Day's Range||10.82 - 11.01|
|52 Week Range||4.01 - 12.21|
|Beta (5Y Monthly)||1.77|
|PE Ratio (TTM)||162.24|
|Earnings Date||May 04, 2021|
|Forward Dividend & Yield||0.28 (2.58%)|
|Ex-Dividend Date||Mar 25, 2021|
|1y Target Est||11.36|
Tommy John, the comfort-focused lifestyle brand committed to solving the problems men and women have with their underwear and apparel, is opening its first location in North Texas, choosing Southlake Town Square to make its debut. The store, the brand's second in Texas, will open Saturday, April 3.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Retail Properties of America, Inc.Global Credit Research - 19 Mar 2021New York, March 19, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Retail Properties of America, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 17 March 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Retail Properties of America, a real estate investment trust, has raised its quarterly cash dividend by 16.7% to $0.07 per share from $0.06 per share. The dividend declared is for the first quarter of 2021. Retail Properties (RPAI) plans to pay the new dividend on April 9 to shareholders of record as of March 26. The company’s annual dividend of $0.28 per share reflects a dividend yield of 2.4%. Last month, the company reported better-than-expected 4Q revenues of $107.2 million. Analysts were expecting revenues of $106.8 million. The company’s 4Q earnings of $0.01 per share were in-line with the Street’s estimates. (See Retail Properties of America stock analysis on TipRanks) On March 4, KeyBanc analyst Todd Thomas downgraded the stock to Hold from Buy. In a note to investors, the analyst said that the company is well-positioned to benefit from the recovery and economic reopening given its strong retail portfolio and solid balance sheet. However, Thomas does not see much upside in the near-term compared to its peers, which is keeping him on the sidelines. Overall, consensus among analysts is a Hold based on 2 Holds. The average analyst price target of $11 implies downside potential of about 6.7% to current levels. Shares gained by 54.6% in one year. Related News:CareTrust Ramps Up Quarterly Dividend By 6%Caci International To Buy Back $500M In StockEquity Lifestyle Bumps Up Quarterly Dividend By 5.8%; Street Sees 10% Upside More recent articles from Smarter Analyst: PAR Technology’s Strong Bookings Drives 4Q Revenue Beat Accel Entertainment's 4Q Revenues Plunge 39%, Miss Estimates JetBlue Provides Operational And Financial Business Update Sesen Bio’s Quarterly Loss Meet Analysts’ Expectations