Necessity Retail REIT Inc

Company Profile

Necessity Retail REIT Inc had its IPO on 2018-07-19 under the ticker symbol RTL.

The company operates in the Real Estate sector and REIT-Diversified industry. Necessity Retail REIT Inc has a staff strength of 0 employees.

Stock update

Shares of Necessity Retail REIT Inc opened at $7.51 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $7.46 - $7.66, and closed at $7.61.

This is a +1.06% increase from the previous day's closing price.

A total volume of 10,269,500 shares were traded at the close of the day’s session.

In the last one week, shares of Necessity Retail REIT Inc have increased by +1.47%.

Necessity Retail REIT Inc's Key Ratios

Necessity Retail REIT Inc has a market cap of $975.43 million, indicating a price to book ratio of 0.5439 and a price to sales ratio of 2.2421.

In the last 12-months Necessity Retail REIT Inc’s revenue was $454.86 million with a gross profit of $311.93 million and an EBITDA of $249.76 million. The EBITDA ratio measures Necessity Retail REIT Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Necessity Retail REIT Inc’s operating margin was 7.28% while its return on assets stood at 0.46% with a return of equity of -8.85%.

In Q2, Necessity Retail REIT Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 8.7%.

Necessity Retail REIT Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.22 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Necessity Retail REIT Inc’s profitability.

Necessity Retail REIT Inc stock is trading at a EV to sales ratio of 9.2088 and a EV to EBITDA ratio of 19.6572. Its price to sales ratio in the trailing 12-months stood at 2.2421.

Necessity Retail REIT Inc stock pays annual dividends of $0.845 per share, indicating a yield of 11.33% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.34 billion

Total Liabilities

$681.17 million

Operating Cash Flow

$30.74 million

Capital Expenditure

$10.97 million

Dividend Payout Ratio

0%

Necessity Retail REIT Inc ended 2024 with $4.34 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.34 billion while shareholder equity stood at $1.44 billion.

Necessity Retail REIT Inc ended 2024 with $0 in deferred long-term liabilities, $681.17 million in other current liabilities, 1345000.00 in common stock, $-1565425000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $59.17 million and cash and short-term investments were $59.17 million. The company’s total short-term debt was $604,000,000 while long-term debt stood at $2.05 billion.

Necessity Retail REIT Inc’s total current assets stands at $209.95 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $59.89 million compared to accounts payable of $54.80 million and inventory worth $26.02 million.

In 2024, Necessity Retail REIT Inc's operating cash flow was $30.74 million while its capital expenditure stood at $10.97 million.

Comparatively, Necessity Retail REIT Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$7.61

52-Week High

$7.66

52-Week Low

$4.3213

Analyst Target Price

$9.5

Necessity Retail REIT Inc stock is currently trading at $7.61 per share. It touched a 52-week high of $7.66 and a 52-week low of $7.66. Analysts tracking the stock have a 12-month average target price of $9.5.

Its 50-day moving average was $7.17 and 200-day moving average was $6.2 The short ratio stood at 5.77 indicating a short percent outstanding of 0%.

Around 58.8% of the company’s stock are held by insiders while 5828.5% are held by institutions.