News articles about Retail Properties of America (NYSE:RPAI) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Retail Properties of America earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 48.3029100693624 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news articles that may have effected Accern Sentiment’s rankings:

A number of equities research analysts have issued reports on the company. ValuEngine downgraded Retail Properties of America from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Zacks Investment Research upgraded Retail Properties of America from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Wednesday, October 11th. Jefferies Group set a $14.00 price objective on Retail Properties of America and gave the stock a “hold” rating in a research note on Friday, December 15th. KeyCorp upgraded Retail Properties of America from a “sector weight” rating to an “overweight” rating and set a $16.00 price objective on the stock in a research note on Monday, November 20th. Finally, JPMorgan Chase & Co. upgraded Retail Properties of America from a “neutral” rating to an “overweight” rating and set a $15.00 price objective on the stock in a research note on Friday, December 15th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $15.93.

Shares of Retail Properties of America (NYSE RPAI) traded down $0.16 on Monday, hitting $11.55. The company’s stock had a trading volume of 4,340,000 shares, compared to its average volume of 1,940,000. The firm has a market capitalization of $2,620.00, a PE ratio of 18.05 and a beta of 0.32. Retail Properties of America has a 12 month low of $11.46 and a 12 month high of $15.81. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.89 and a current ratio of 0.89.

Retail Properties of America declared that its Board of Directors has approved a share buyback program on Thursday, December 14th that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the real estate investment trust to buy shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

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About Retail Properties of America

Retail Properties of America, Inc is a real estate investment trust (REIT). The Company owns and operates shopping centers located in the United States. As of December 31, 2016, it owned 156 retail operating properties representing 25,832,000 square feet of gross leasable area (GLA). Its retail operating portfolio includes neighborhood and community centers, power centers, and lifestyle centers and multi-tenant retail-focused mixed-use properties, as well as single-user retail properties.

Insider Buying and Selling by Quarter for Retail Properties of America (NYSE:RPAI)

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