RAIT Financial Trust (RAS)

1.90
0.11 5.50
NYSE : Financial
Prev Close 2.01
Open 2.02
Day Low/High 1.90 / 2.02
52 Wk Low/High 2.00 / 3.91
Volume 1.33M
Avg Volume 617.80K
Exchange NYSE
Shares Outstanding 92.69M
Market Cap 198.36M
EPS -0.10
P/E Ratio N/A
Div & Yield 0.36 (16.80%)

Latest News

RAIT Reaches Agreement With Highland Capital Management, L.P.

RAIT Financial Trust ("RAIT") (NYSE: RAS), a national direct lender to owners of commercial real estate and an internally-managed real estate investment trust, today announced that it has entered into a cooperation...

Ex-Div Reminder for RAIT Financial Trust (RAS)

Looking at the universe of stocks we cover at Dividend Channel, on 5/24/17, RAIT Financial Trust will trade ex-dividend, for its quarterly dividend of $0.09, payable on 6/15/17. As a percentage of RAS's recent stock price of $2.37, this dividend works out to approximately 3.80%, so look for shares of RAIT Financial Trust to trade 3.80% lower — all else being equal — when RAS shares open for trading on 5/24/17.

RAIT Financial Trust Declares Second Quarter 2017 Preferred Dividends

RAIT Financial Trust (NYSE: RAS) ("RAIT") announced that on May 18, 2017, RAIT's Board of Trustees declared a second quarter 2017 cash dividend of $0.

This Stock Has A 13.58% Yield And Sells For Less Than Book

RAIT Financial Trust has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among REITs, RAS shares displayed both attractive valuation metrics and strong profitability metrics.

RAIT Financial Trust Announces First Quarter 2017 Financial Results And Declares First Quarter 2017 Dividend On RAIT's Common Shares

RAIT Financial Trust ("RAIT") (NYSE: RAS) today announced first quarter 2017 financial results.

Short Interest In RAIT Financial Trust Moves 12.7% Higher

The most recent short interest data has been released for the 04/13/2017 settlement date, which shows a 298,440 share increase in total short interest for RAIT Financial Trust , to 2,642,890, an increase of 12.73% since 03/31/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

RAIT Board Unanimously Rejects Unsolicited Externalization Of Management Proposal From Highland Capital Management, L.P.

RAIT Financial Trust ("RAIT") (NYSE: RAS), a national direct lender to owners of commercial real estate and an internally-managed real estate investment trust, today commented on Highland Capital Management, L.

RAIT Financial Trust Schedules First Quarter 2017 Financial Results Release Date And Conference Call

RAIT Financial Trust (NYSE: RAS) today announced that it expects to release its first quarter 2017 financial results before U.

RAIT Financial Trust Revises Alternative Minimum Tax Adjustment Percentage Of 2016 Dividends

RAIT Financial Trust ("RAIT") (NYSE: RAS) today announced there is no AMT adjustment (0.

RAIT Financial Trust's Series C Preferred Shares Cross 9% Yield Mark

In trading on Thursday, shares of RAIT Financial Trust's 8.875% Series C Cumulative Redeemable Preferred Shares were yielding above the 9% mark based on its quarterly dividend (annualized to $2.2188), with shares changing hands as low as $24.30 on the day. This compares to an average yield of 6.88% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.

RAIT Financial Trust Sells Six Properties For $95.0 Million In First Quarter 2017

RAIT Financial Trust (NYSE: RAS) ("RAIT") today announced that it sold six properties during the first quarter of 2017, in separate transactions, which generated aggregate gross proceeds of $95.

RAIT Financial Trust's Series B Preferred Shares Cross 9% Yield Mark

In trading on Monday, shares of RAIT Financial Trust's 8.375% Series B Cumulative Redeemable Preferred Shares were yielding above the 9% mark based on its quarterly dividend (annualized to $2.0938), with shares changing hands as low as $22.37 on the day. This compares to an average yield of 6.85% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.

RAIT Financial Trust Announces Fourth Quarter And Fiscal 2016 Financial Results

RAIT Financial Trust ("RAIT") (NYSE:RAS) today announced fourth quarter and fiscal 2016 financial results.

RAIT Financial Trust Provides Update On Comprehensive Strategy And Transformation Initiative To Enhance Shareholder Value

RAIT Financial Trust (RAIT) (NYSE: RAS) today announced that its Board of Directors has approved a comprehensive strategy and transformation initiative to drive long-term revenue growth and enhance shareholder value.

RAIT Confirms Receipt Of Nominations Notice From Highland Capital

RAIT Financial Trust ("RAIT") (NYSE:RAS), a national direct lender to owners of commercial real estate and an internally-managed real estate investment trust, today confirmed that it has received a notice of nomination from...

RAIT Financial Trust Agrees To Sublease Its New York City Office Space

RAIT Financial Trust (NYSE: RAS) ("RAIT"), a national direct lender to owners of commercial real estate and an internally-managed real estate investment trust, announced today that RAIT entered into an agreement to...

RAIT Financial Trust Names Paul W. Kopsky, Jr. As Chief Financial Officer And Treasurer

RAIT Financial Trust ("RAIT") (NYSE: RAS), a national direct lender to owners of commercial real estate and an internally-managed real estate investment trust, today announced that Paul W.

RAIT Financial Trust Declares First Quarter 2017 Preferred Dividends

RAIT Financial Trust (NYSE: RAS) ("RAIT") announced that on February 15, 2017, RAIT's Board of Trustees declared a first quarter 2017 cash dividend of $0.

RAIT Financial Trust Appoints Thomas D. Wren To Its Board Of Trustees

RAIT Financial Trust ("RAIT") (NYSE: RAS), a national direct lender to owners of commercial real estate and an internally-managed real estate investment trust, today announced the appointment of Thomas D.

RAIT Financial Trust Schedules Fourth Quarter And Fiscal 2016 Financial Results Release Date And Conference Call

RAIT Financial Trust (NYSE: RAS) today announced that it expects to release its fourth quarter and fiscal 2016 financial results before U.

RAIT Financial Trust Announces Tax Treatment Of Dividends In 2016

RAIT Financial Trust Announces Tax Treatment Of Dividends In 2016

RAIT Financial Trust ("RAIT") (NYSE: RAS) today announced the following: Tax Treatment of 2016 Dividends Common Shares RAIT's common shares (the "Common Shares") are currently listed under the...

RAIT Financial Trust Sells Four Apartment Properties For $109.2 Million

RAIT Financial Trust Sells Four Apartment Properties For $109.2 Million

RAIT Financial Trust (NYSE: RAS) ("RAIT") today announced that it has sold four apartment properties in the period from December 2016 through January 6, 2017, in separate transactions, which generated aggregate gross...

RAS Ex-Dividend Reminder - 1/6/17

RAS Ex-Dividend Reminder - 1/6/17

Looking at the universe of stocks we cover at Dividend Channel, on 1/6/17, RAIT Financial Trust will trade ex-dividend, for its quarterly dividend of $0.09, payable on 1/31/17. As a percentage of RAS's recent stock price of $3.59, this dividend works out to approximately 2.51%, so look for shares of RAIT Financial Trust to trade 2.51% lower — all else being equal — when RAS shares open for trading on 1/6/17.

RAIT Financial Trust Announces Completion Of Independence Realty Trust Internalization Transaction

RAIT Financial Trust Announces Completion Of Independence Realty Trust Internalization Transaction

RAIT Financial Trust (NYSE: RAS) ("RAIT") announced today that RAIT has successfully completed its previously announced transaction to internalize the management of Independence Realty Trust, Inc.

RAIT Financial Trust Reaches Analyst Target Price

RAIT Financial Trust Reaches Analyst Target Price

In recent trading, shares of RAIT Financial Trust have crossed above the average analyst 12-month target price of $3.33, changing hands for $3.37/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

RAIT Financial Trust Announces Fourth Quarter Cash Dividend On Its Common Shares

RAIT Financial Trust Announces Fourth Quarter Cash Dividend On Its Common Shares

RAIT Financial Trust (NYSE: RAS) ("RAIT") today announced that on December 16, 2016, RAIT's Board of Trustees declared a fourth quarter 2016 cash dividend on RAIT's common shares of $0.

RAIT Financial Trust Sells Three Apartment Properties For $73.5 Million

RAIT Financial Trust Sells Three Apartment Properties For $73.5 Million

RAIT Financial Trust (NYSE: RAS) ("RAIT") today announced that, so far this quarter, it has sold three apartment properties, in separate transactions, which generated aggregate gross proceeds of $73.

RAIT Financial Trust Closes Its Sixth Non-Recourse, Floating-Rate CMBS Transaction Totaling $258.0 Million

RAIT Financial Trust Closes Its Sixth Non-Recourse, Floating-Rate CMBS Transaction Totaling $258.0 Million

RAIT Financial Trust (NYSE: RAS) ("RAIT") announced today the closing of its sixth non-recourse, floating-rate CMBS transaction the underlying assets of which consist of floating rate commercial real estate first lien...