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 premier, national publicly-traded shopping center real estate investment trust (REIT) based in Farmington Hills, Michigan. The Company's primary business is the ownership and management of regional town centers and urban-infill properties in key growth sub-markets in the 40 largest metropolitan markets in the United States. Our target submarkets are affluent communities where our centers can offer value, variety, convenience, entertainment, and an experience for the consumer. As of December 31, 2017, our property portfolio consisted of 56 wholly-owned shopping centers comprised of approximately 13.5 million square feet. We also have ownership interests of 7%, 20%, 30%, and 30% in four joint ventures.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.710.22017.41
12/20170.780.22018.88
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

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.06Total Liab/Total Assets0.57
Net Inc/Total Assets0.03Total Liab/Inv Cap0.57
Net Inc/Inv Cap0.03Total Liab/Comm Equity1.00
Pretax Inc/Net Sales0.27Interest Coverage Ratio2.58
Net Inc/Net Sales0.26Curr Debt/EquityNA
Cash Flow/Net Sales0.44LTD/Equity1.16
SG&A/NetSales0.12Total Debt/Equity1.16
Asset Utilization   Liquidity  
Net Receivables Turnover10.57Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.14  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 62.72 64.26 65.93 67.06
Cost of Goods Sold 16.96 16.97 17.61 17.16
Selling & Admin Exps 6.89 8.62 6.78 7.61
Operating Income 17.76 15.65 16.53 18.13
Interest Exp 10.60 11.00 11.59 11.49
Pretax Income 7.48 21.45 29.70 6.28
Other Income 0.25 15.77 22.78 -1.24
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 7.29 20.92 28.93 6.11

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 21.02 16.38 12.77 39.42
Receivables - Total 25.25 26.15 25.46 25.84
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 1,848.36 1,837.39 1,910.99 1,983.31
Total Assets 2,045.25 2,030.39 2,113.05 2,218.54
Liabilities        
Accounts Payable 75.16 76.42 74.76 73.64
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 1,024.51 1,000.24 1,082.58 1,198.48
Total Liabilities 1,188.04 1,166.07 1,253.03 1,366.23
Stockholder's Equity        
Minority Interest 20.70 20.85 20.79 20.58
Preferred Stock 92.43 92.43 92.43 92.43
Common Stock 0.80 0.79 0.79 0.79
Retained Earnings -402.51 -392.62 -394.52 -401.18
Treasury Stock NA NA NA NA
Total Stockholders' Equity 857.21 864.32 860.02 852.31
Total Liabilities and Stockholders' Equity 2,045.25 2,030.39 2,113.05 2,218.54

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 27.55 29.07 36.74 26.63
Net Cash Provided by Investing Activities -29.18 76.20 100.96 -32.51
Net Cash Provided by Financing Activities 4.27 -101.97 -137.72 -14.46

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013170.0711.000.01
12/2014218.36-2.36-0.14
12/2015251.7965.110.73
12/2016260.9359.660.66
12/2017265.0869.060.78
Growth Rates11.74----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/1818783,260--




Report Date : 6/18/2018

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