Retail Properties of America Inc (RPAI) Files 10-K for the Fiscal Year Ended on December 31, 2018

Retail Properties of America Inc (RPAI, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Retail Properties of America Inc is a self-managed real estate investment trust. The company invests, develops, and manages retail property assets that include shopping centers in the United States. Retail Properties of America Inc has a market cap of $2.76 billion; its shares were traded at around $12.82 with a P/E ratio of 17.08 and P/S ratio of 5.75. The dividend yield of Retail Properties of America Inc stocks is 5.18%.

For the last quarter Retail Properties of America Inc reported a revenue of $119.1 million, compared with the revenue of $130.5 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $482.5 million, a decrease of 10.3% from the previous year. For the last five years Retail Properties of America Inc had an average revenue decline of 2.9% a year.

The reported diluted earnings per share was 35 cents for the year, a decline of 66% from the previous year. Over the last five years Retail Properties of America Inc had an EPS growth rate of 80.1% a year. The Retail Properties of America Inc enjoyed an operating margin of 23.96%, compared with the operating margin of 23.46% a year before. The 10-year historical median operating margin of Retail Properties of America Inc is 25.74%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Retail Properties of America Inc has the cash and cash equivalents of $14.7 million, compared with $25.2 million in the previous year. The long term debt was $1.6 billion, compared with $1.7 billion in the previous year. The interest coverage to the debt is 1.6, which is not a favorable level. Retail Properties of America Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $12.82, Retail Properties of America Inc is traded at close to its historical median P/S valuation band of $12.85. The P/S ratio of the stock is 5.75, while the historical median P/S ratio is 5.78. The stock gained 17.75% during the past 12 months.

For the complete 20-year historical financial data of RPAI, click here.