RPT Realty

NYSE:RPT   3:59:58 PM EDT
7.74
+0.24 (+3.20%)
4:00:00 PM EDT: $7.69 -0.05 (-0.65%)
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Market Cap (Intraday)619.60M
Current PE8.87
Forward PE N/A
2yr Forward PE N/A
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Estimates Current Quarter
Revenue$50.3 Million
Adjusted EPS-$0.03
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10-Day MA$7.43
50-Day MA$5.95
200-Day MA$6.73
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RAMCO GERSHENSON PROPERTIES TRUST Stock, NYSE:RPT

31500 NORTHWESTERN HWY, SUITE 300, FARMINGTON HILLS, MI 48334
United States of America
Phone: 2483509900
Number of Employees: 95

Description

Ramco-Gershenson Properties Trust, a real estate investment trust (REIT), engages in the ownership, development, acquisition, management, and leasing of community shopping centers, single tenant retail properties, and one regional mall in the Midwestern, Southeastern, and Mid-Atlantic regions of the United States. As of December 31, 2007, the company owned interests in 89 shopping centers, which included 65 community centers, 21 power centers, 2 single tenant retail properties, and 1 enclosed regional mall. Ramco-Gershenson Properties has elected to be a taxable REIT for federal income tax purposes. As a REIT, it would not be subject to federal income taxes, if it distributes approximately 90% of its taxable income to its shareholders. The company was founded in 1988 and is based in Farmington Hills, Michigan with additional office in Boca Raton, Florida.