RTL Company Profile and Key Details

Q: Who are the executives of RTL?

Mr. Jason F. DoyleChief Financial Officer, Treasurer & Sec.

NASDAQ : RTL

Necessity Retail REIT

$7.61

0.08+1.06%

Open: 4:00 PM

Not Actively Trading

54.15

B-ESG ScoreESG Rating

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

The Necessity Retail REIT, Inc. (RTL) stock surged +1.06%, trading at $7.61 on NASDAQ, up from the previous close of $7.53. The stock opened at $7.51, fluctuating between $7.46 and $7.66 in the recent session.

Stock Snapshot

7.53

Prev. Close

1.09B

Market Cap

7.46

Day Low

-6.237704918032787

P/E Ratio

-1.22

EPS (TTM)

0.43

Cash Flow per Share

7.51

Open

143.24M

Number of Shares

7.655

Day High

92.83%

Free Float in %

10.73

Book Value

10.24M

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Sep 14, 2023	7.61	7.61	7.61	7.61	0
Sep 13, 2023	7.61	7.61	7.61	7.61	0
Sep 12, 2023	7.61	7.61	7.61	7.61	0
Sep 11, 2023	7.51	7.66	7.46	7.61	10.27M
Sep 08, 2023	7.45	7.61	7.29	7.53	6.41M
Sep 07, 2023	7.11	7.53	7.11	7.41	1.44M
Sep 06, 2023	6.93	7.16	6.87	7.14	1.88M
Sep 05, 2023	6.80	7.06	6.71	6.95	1.78M
Sep 01, 2023	7.51	7.62	6.77	6.81	5.62M
Aug 31, 2023	7.55	7.63	7.50	7.50	1.48M
Aug 30, 2023	7.45	7.63	7.42	7.54	1.03M
Aug 29, 2023	7.22	7.45	7.22	7.43	324.55K
Aug 28, 2023	7.05	7.27	7.05	7.22	409.08K
Aug 25, 2023	7.03	7.13	6.98	7.04	557.32K
Aug 24, 2023	6.99	7.24	6.99	7.02	1.04M
Aug 23, 2023	7.03	7.07	6.94	7.03	1.5M
Aug 22, 2023	6.89	7.05	6.89	7.01	686.46K
Aug 21, 2023	7.00	7.02	6.81	6.89	486.95K
Aug 18, 2023	6.90	7.03	6.80	7.01	367.55K
Aug 17, 2023	7.02	7.09	6.94	6.94	533.42K

Contact Details

New York City, NY 10019

United States

https://www.necessityretailreit.com 212 415 6500

About Company

The Necessity Retail REIT (Nasdaq: RTL) is a publicly traded real estate investment trust listed on Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S. Additional information about RTL can be found on its website at www.necessityretailreit.com.

Stock Peers

MDRRP

Medalist Diversified REIT, Inc.$25.11 NYMTG

-0.01-0.04%

New York Mortgage Trust, Inc.$24.99 GOODN

-0.0893-0.39%

Gladstone Commercial Corporation$23.08 GOODO

-0.46-2.21%

Gladstone Commercial Corporation$20.31 RTLPO

-0.05-0.25%

The Necessity Retail REIT, Inc.$19.75 RTLPP

-0.45-2.24%

The Necessity Retail REIT, Inc.$19.61 SQFTP

-0.4762-3.12%

Presidio Property Trust, Inc.$14.77 MDRR

-1.2-9.23%

Medalist Diversified REIT, Inc.$11.80 GOOD

-0.17-1.57%

Gladstone Commercial Corporation$10.64 MKZR

0.31+7.58%

MacKenzie Realty Capital, Inc.$4.40

Company Overview

The Necessity Retail REIT, Inc. (NASDAQ:RTL) closed at $7.61 USD, gaining $0.08 (1.06%) from the previous close of $7.53. The stock is currently trading near its 52-week high $4.45 and $7.66. With a market capitalization of about $1.09 billion, The Necessity Retail REIT, Inc. is classified as a small-cap and shows higher-than-market volatility (beta ~1.33). Key stats such as the average daily volume over the past year has been around 1.10 million shares, trading with heavier-than-usual volume. Headquartered in New York City, NY, The Necessity Retail REIT, Inc. operates in the Real Estate sector and the REIT - Diversified industry. The Necessity Retail REIT (Nasdaq: RTL) is a publicly traded real estate investment trust listed on Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S.

Valuation Metrics

The Necessity Retail REIT, Inc. trades at a P/E ratio of -8.56, slightly below the S&P 500 average, with a price-to-sales ratio of 2.44 and a price-to-book ratio of 0.64 suggesting the stock is closer to book value. The P/FCF stands at 8.07, also below market averages.

Dividend & Fair Value

The Necessity Retail REIT, Inc. last paid a dividend of 0.85 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $0.00.

Earnings & Analyst Outlook

The Necessity Retail REIT, Inc. earnings surprise history is a mixed track record. The quarter that ended November 01, 2023, missed forecasts by 18.18%. The prior quarter beat by 73.91%. Over the last six quarters, Apple has recorded several small beats. These include 59.26% in August 03, 2022.

Financial & Profitability Overview

Over the trailing twelve months, Necessity Retail REIT generated $446.44M in revenue, or $3.38 per share. Gross margin was 77.25%, operating margin 15.95%, and net profit margin -26.29%. Returns are negative, with ROA at -2.56% and ROE at -7.50%.
On valuation metrics, Necessity Retail REIT trades at a P/E of -8.56, P/S of 2.44 and P/B of 0.64. Liquidity is tight, with a current ratio of 0.41 and quick ratio of 0.37. Operationally, the company’s inventory turnover is 5.66 and cash conversion cycle is -111.59 days , indicating it collects cash faster than it pays suppliers. Debt-to-equity is 1.86, supported by a cash flow-to-debt ratio of 0.05.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2022, Necessity Retail REIT posted revenue of $446.44M, down slightly from $335.16M in the prior quarter. Gross profit was $344.88M (margin 77.25%). Operating income was $71.19M (margin 15.9%). Net income was- $117.37M (EPS - $0.89).
The company ended the quarter with $70.80M in cash and short-term investments, a total debt of $2.91B, and net debt of $2.84B. Total assets were $4.59B, with equity of $1.59B. Financials further reflected stability, with operating cash flow of $154.85M, free cash flow of $135.05M, and capital expenditures of - $19.80M.

Price Forecast & Outlook

Our AI price prediction model suggests that The Necessity Retail REIT, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 1-Year Outlook: Projected gain of 218.4%, with price at $24.23 by September 13, 2024, within a range of $21.11 to $26.94.

Key Takeaways

Valuation shows The Necessity Retail REIT, Inc. trading at a premium to the broader market with a P/E of -8.56.

Frequently Asked Questions

What is the current The Necessity Retail REIT, Inc. (RTL) stock price?

The Necessity Retail REIT, Inc. (NASDAQ: RTL) stock price is $7.61 in the last trading session. During the trading session, RTL stock reached the peak price of $7.66 while $7.46 was the lowest point it dropped to. The percentage change in RTL stock occurred in the recent session was 1.06% while the dollar amount for the price change in RTL stock was $0.08.

RTL's industry and sector of operation?

The NASDAQ listed RTL is part of REIT - Diversified industry that operates in the broader Real Estate sector. The Necessity Retail REIT, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of RTL?

Mr. Jason F. Doyle
Chief Financial Officer, Treasurer & Sec.

How RTL did perform over past 52-week?

RTL's closing price is 71.01% higher than its 52-week low of $4.45 where as its distance from 52-week high of $7.66 is -0.65%.

How many employees does RTL have?

Number of RTL employees currently stands at 0.

Link for RTL official website?

Official Website of RTL is: https://www.necessityretailreit.com

How do I contact RTL?

RTL could be contacted at phone 212 415 6500 and can also be accessed through its website. RTL operates from 650 Fifth Avenue, New York City, NY 10019, United States.

How many shares of RTL are traded daily?

RTL stock volume for the day was 10.24M shares. The average number of RTL shares traded daily for last 3 months was 1.1M.

What is the market cap of RTL currently?

The market value of RTL currently stands at $1.09B with its latest stock price at $7.61 and 143.24M of its shares outstanding.

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Employees	0
Beta	1.33
Sales or Revenue	$446.44M
5Y Sales Change%	0%
Fiscal Year Ends	December
Sector	Real Estate
Industry	REIT - Diversified

RTL Company Profile and Key Details

Necessity Retail REIT

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Valuation Metrics

Dividend & Fair Value

Earnings & Analyst Outlook

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Earnings & Analyst Outlook

Financial & Profitability Overview

Quarterly Financial Highlights

Dividend & Fair Value

Key Takeaways

Price Forecast & Outlook

Company Overview

Valuation Metrics