RPT
Rithm Property Trust Inc.
RPT's fundamentals are mixed, but it looks expensive: trading at 85x earnings, about nine times its usual 9.3x. Analysts expect earnings to recover and profitability to improve.
RPT Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| N/A | |
| N/A |
RPT's profitability is currently healthy. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for real estate companies like RPT.
RPT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.4x | $0.96 | -91% |
| Fair | 9.3x | $1.21 | -89% |
| Expensive | 13x | $1.63 | -85% |
| Forward | 14x | $11.03 | — |
| Current | 85x | $11.03 | — |
Historical ranges are pointers, not guarantees.
RPT's PE is in its expensive range at 85x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.
RPT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect RPT to return to profit, with revenue growing.
RPT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.80 | +515% |
| Q1 2023 | -$10.50 | -238% |
| Q4 2022 | -$7.56 | -189% |
| Q3 2022 | -$3.84 | -142% |
| Q2 2022 | $2.70 | -67% |
| Q1 2022 | $7.62 | +5% |
| Q4 2021 | $8.52 | +53% |
| Q3 2021 | $9.06 | +82% |
| Q2 2021 | $8.16 | +42% |
RPT's earnings per share have fallen from their peak: $0.13 over the past year, against $9.54 in late 2019.
RPT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2023 | $1.1M | -90% |
| Q1 2023 | $540K | -96% |
| Q4 2022 | $1.4M | -93% |
| Q3 2022 | $10.5M | -45% |
| Q2 2022 | $8.8M | -56% |
| Q1 2022 | $15M | -24% |
| Q4 2021 | $19.4M | -14% |
| Q3 2021 | $19M | +13% |
RPT's revenue has slid since its 2020 peak: $249,000 last quarter, down 82% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2025 | -1416% | N/A |
| Q4 2024 | 32% | N/A |
| Q3 2023 | -532% | -548 points |
| Q1 2023 | -1355% | -1393 points |
| Q4 2022 | -421% | -471 points |
| Q3 2022 | 16% | -41 points |
| Q2 2022 | -14% | -72 points |
| Q1 2022 | 37% | -21 points |
RPT's operating margin was −1416% last quarter, down 996 points from the same quarter a year ago, near the bottom of its range since 2019.
RPT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$8M | -$2.2M |
| Q2 2026 | -$1M | -$983K |
| Q1 2026 | -$3M | -$1.4M |
| Q4 2025 | -$840K | +$1.6M |
| Q1 2023 | -$16.8M | -$7.6M |
| Q4 2022 | -$2.9M | -$2.8M |
| Q2 2022 | $13.3M | +$26.8M |
| Q1 2022 | -$9.2M | +$213K |
RPT's free cash flow was −$13M over the past year, against −$10M the year before. Free cash flow isn't a meaningful measure for real estate companies like RPT.
RPT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.5% | +113K shares |
| 1 year | +3.8% | +289K shares |
| 3 years | +106% | +4M shares |
RPT has 8M diluted shares, up 3.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $1,000 |
| Q1 2026 | $223,000 |
| Q3 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
RPT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2021 | -1.9x | Net Cash |
| Q3 2021 | -1.9x | Net Cash |
| Q2 2021 | -1.8x | Net Cash |
| Q1 2021 | -3.1x | Net Cash |
| Q4 2020 | 14.0x | High |
| Q3 2020 | 17.7x | High |
| Q2 2020 | 17.2x | High |
| Q1 2020 | 19.3x | High |
RPT has more cash than debt. Net leverage isn't a meaningful measure for real estate companies like RPT.
RPT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.7 | Neutral |
| Stochastic | 16.7 | Oversold |
RPT's weekly RSI is 40 (neutral) and its Stochastic is 17 (oversold).
RPT PE vs Real Estate Sector
| Metric | RPT | Sector median | Relative |
|---|---|---|---|
| PE | 85x | 24x | 255% above |
| PE % | 100 | 23 | 77 pts above |
RPT is trading at 85x earnings, a 255% premium to the Real Estate sector's median of 24x.
RPT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.9 | 1.5% above |
| 20 week MA | $12.0 | 7.7% below |
| 50 week MA | $13.8 | 20% below |
| 100 week MA | $15.1 | 27% below |
| 200 week MA | $22.7 | 51% below |
RPT has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 51% below its 200-week average.
RPT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $89.2 | $62.2 | -30% |
| 2021 | $62.2 | $78.1 | +26% |
| 2022 | $78.1 | $43.5 | -44% |
| 2023 | $43.5 | $31.8 | -27% |
| 2024 | $31.8 | $18.1 | -43% |
| 2025 | $18.1 | $15.9 | -12% |
| 2026 YTD | $15.9 | $11.0 | -31% |
RPT has finished four years in a row lower, and it's down 31% so far in 2026.