Rithm Property Trust Inc. (NYSE:RPT – Get Free Report) declared a quarterly dividend on Friday, June 26th. Stockholders of record on Tuesday, July 7th will be paid a dividend of 0.36 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date of this dividend is Tuesday, July 7th.
Rithm Property Trust Stock Performance
NYSE RPT opened at $14.70 on Friday. The firm has a market capitalization of $114.22 million, a price-to-earnings ratio of -50.69 and a beta of 1.24. Rithm Property Trust has a one year low of $12.88 and a one year high of $17.94. The company has a fifty day simple moving average of $14.51. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.93.
Rithm Property Trust (NYSE:RPT – Get Free Report) last posted its quarterly earnings data on Friday, April 24th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.02. Rithm Property Trust had a return on equity of 1.27% and a net margin of 5.52%.The firm had revenue of $2.85 million during the quarter. Research analysts predict that Rithm Property Trust will post 0.08 earnings per share for the current year.
Rithm Property Trust Company Profile
Rithm Property Trust Inc is a real estate investment trust (REIT) externally managed by an affiliate of Rithm Capital Corp. (Rithm). The company focuses on commercial real estate-focused investment, including originating, acquiring and managing portfolios of CMBS, commercial real property, commercial mortgage loans and other CRE investments. It has two reportable operating segments: Residential and Commercial. The majority of the company’s revenue is derived from the Residential segment, which is focused on managing a portfolio that includes residential mortgage assets, including whole mortgage loans, RMBS and beneficial interests.
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