Company Information

  

Address: 31500 NORTHWESTERN HWY
SUITE 300 
City: FARMINGTON HILLS 
State: MI 
Zip Code: 48334 
Telephone: 248-350-9900 

Description of Business

Primary SIC Code: 6798
(As filed with the SEC)  

The terms "Company," "we," "our", or "us" refer to Ramco-Gershenson Properties Trust, Ramco-Gershenson Properties, L.P., and/or its subsidiaries, as the context may require. General Ramco-Gershenson Properties Trust is a fully integrated, self-administered, publicly-traded equity real estate investment trust ("REIT") organized in Maryland. Our primary business is the ownership and management of large multi-anchored shopping centers primarily in twelve of the largest metropolitan markets in the United States. We aim to own multiple properties in each of these metropolitan areas to leverage our management platform and to operate our centers efficiently in these markets. Our target submarkets are affluent communities where our centers can offer value, convenience and a sense of place to the residents of the trade area. As of December 31, 2016, our property portfolio consisted of 65 wholly-owned shopping centers comprising approximately 14.5 million square feet.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20170.000.220N/E
06/20170.410.22031.46
03/20170.670.22020.93
12/20160.660.22025.12
09/20160.760.22024.66
06/20161.020.21019.23
03/20160.760.21023.72
12/20150.730.21022.75

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.05Total Liab/Total Assets0.58
Net Inc/Total Assets0.03Total Liab/Inv Cap0.58
Net Inc/Inv Cap0.03Total Liab/Comm Equity1.03
Pretax Inc/Net Sales0.24Interest Coverage Ratio2.38
Net Inc/Net Sales0.23Curr Debt/EquityNA
Cash Flow/Net Sales0.45LTD/Equity1.17
SG&A/NetSales0.10Total Debt/Equity1.17
Asset Utilization   Liquidity  
Net Receivables Turnover10.41Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.14  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 65.93 67.06 67.83 64.46
Cost of Goods Sold 17.61 17.16 18.60 18.38
Selling & Admin Exps 6.78 7.61 7.60 5.98
Operating Income 16.53 18.13 13.09 17.91
Interest Exp 11.59 11.49 10.80 10.70
Pretax Income 29.70 6.28 13.44 7.15
Other Income 22.78 -1.24 5.35 -0.18
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 28.93 6.11 13.10 6.92

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 12.77 39.42 39.13 17.88
Receivables - Total 25.46 25.84 26.89 24.02
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 1,910.99 1,983.31 1,985.84 1,857.47
Total Assets 2,113.05 2,218.54 2,226.16 2,061.50
Liabilities        
Accounts Payable 74.76 73.64 71.06 76.98
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 1,082.58 1,198.48 1,193.38 1,022.29
Total Liabilities 1,253.03 1,366.23 1,360.71 1,190.78
Stockholder's Equity        
Minority Interest 20.79 20.58 20.88 20.97
Preferred Stock 92.43 92.43 92.43 92.43
Common Stock 0.79 0.79 0.79 0.79
Retained Earnings -394.52 -401.18 -388.05 -381.91
Treasury Stock NA NA NA NA
Total Stockholders' Equity 860.02 852.31 865.45 870.72
Total Liabilities and Stockholders' Equity 2,113.05 2,218.54 2,226.16 2,061.50

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 36.74 26.63 25.49 27.33
Net Cash Provided by Investing Activities 100.96 -11.87 -175.64 -31.31
Net Cash Provided by Financing Activities -137.72 -14.46 151.06 3.93

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012125.227.200.03
12/2013170.0711.000.01
12/2014218.36-2.36-0.14
12/2015251.7965.110.73
12/2016260.9359.660.66
Growth Rates20.15----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1719681,342--




Report Date : 12/4/2017

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