Worth Watching Stock for Traders: Retail Properties of America (NYSE:  RPAI)

Retail Properties of America (NYSE:  RPAI) spotted trading -11.70% off 52-week high price. On the other end, the stock has been noted 11.30% away from the low price over the last 52-weeks. The stock changed -0.84% to recent value of $11.77. The stock transacted 1003243 shares during most recent day however it has an average volume of 1001.02K shares. The company has 216.56M of outstanding shares and 212.2M shares were floated in the market.

On July 23, 2019 Retail Properties of America (NYSE:  RPAI) reported that it declared the third quarter dividend for its outstanding Class A common stock. The dividend of $0.165625 per common share will be paid on October 10, 2019, to Class A common stockholders of record on September 26, 2019.

About RPAI

Retail Properties of America is a REIT that owns and operates high quality, strategically located open-air shopping centers, including properties with a mixed-use component. As of March 31, 2019, the Company owned 105 retail operating properties in the United States representing 20.1 million square feet. The Company is publicly traded on the New York Stock Exchange under the ticker symbol RPAI.

Its earnings per share (EPS) expected to touch remained -65.50% for this year while earning per share for the next 5-years is expected to reach at -4.49%. RPAI has a gross margin of 70.00% and an operating margin of 25.10% while its profit margin remained 12.20% for the last 12 months.

The price moved ahead of -0.18% from the mean of 20 days, -2.31% from mean of 50 days SMA and performed -2.79% from mean of 200 days price. Company’s performance for the week was 1.12%, 0.77% for month and YTD performance remained 8.48%.

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