Last $17.87 USD
Change Today +0.42 / 2.41%
Volume 573.2K
RSE On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 09/17/14 All times are local (Market data is delayed by at least 15 minutes).

rouse properties inc (RSE) Snapshot

Open
$17.44
Previous Close
$17.45
Day High
$18.00
Day Low
$17.42
52 Week High
12/4/13 - $25.26
52 Week Low
06/13/14 - $15.65
Market Cap
1.0B
Average Volume 10 Days
312.1K
EPS TTM
$-0.92
Shares Outstanding
57.7M
EX-Date
10/10/14
P/E TM
--
Dividend
$0.68
Dividend Yield
3.36%
Current Stock Chart for ROUSE PROPERTIES INC (RSE)

rouse properties inc (RSE) Related Businessweek News

No Related Businessweek News Found

rouse properties inc (RSE) Details

Rouse Properties, Inc. owns and manages regional malls in the United States. Its portfolio consists of 30 regional malls in 19 states totaling approximately 21 million square feet of retail and ancillary space. The company is based in New York, New York. Rouse Properties, Inc. (NYSE:RSE) operates independently of General Growth Properties Inc. as of January 12, 2012.

269 Employees
Last Reported Date: 03/5/14
Founded in 2012

rouse properties inc (RSE) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $2.1M
Chief Financial Officer
Total Annual Compensation: $950.0K
Chief Operating Officer
Total Annual Compensation: $1.3M
Executive Vice President of Leasing
Total Annual Compensation: $1.1M
Executive Vice President, General Counsel and...
Total Annual Compensation: $800.0K
Compensation as of Fiscal Year 2013.

rouse properties inc (RSE) Key Developments

Rouse Properties, Inc. Presents at BMO 9th Annual North American Real Estate Conference, Sep-16-2014 11:00 AM

Rouse Properties, Inc. Presents at BMO 9th Annual North American Real Estate Conference, Sep-16-2014 11:00 AM. Venue: Four Seasons Hotel, Chicago, Illinois, United States.

Rouse Properties, Inc. Declares Common Stock Dividend, Payable on October 31, 2014

On July 31, 2014, the Board of Directors of Rouse Properties, Inc. declared a common stock dividend of $0.17 per share payable on October 31, 2014 to stockholders of record on October 15, 2014.

Rouse Properties, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Revises Earnings Guidance for the Year 2014

Rouse Properties, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of USD 67,790,000 compared to USD 58,381,000 a year ago. Operating income was USD 10,677,000 compared to USD 12,387,000 a year ago. Loss before income taxes and discontinued operations of USD 8,052,000 compared to USD 9,147,000 a year ago. Loss from continuing operations was USD 8,175,000 or USD 0.14 per basic and diluted share compared to USD 9,366,000 or USD 0.19 per basic and diluted share a year ago. Net loss was USD 8,175,000 or USD 0.14 per basic and diluted share compared to net income of USD 4,116,000 or USD 0.08 per basic and diluted share a year ago. Core FFO was USD 21.4 million or USD 0.37 per diluted share, as compared to USD 17.2 million, or USD 0.34 per diluted share in the prior year period. The growth year over year was primarily the result of the impact of the properties that were acquired in 2013 and 2014. Core NOI was USD 44.4 million as compared to USD 38.7 million in the prior year period. On a Same Property basis, excluding legacy litigation expenses of approximately USD 0.8 million, Core NOI, as adjusted, for the portfolio increased by 1.2% to USD 33.9 million from USD 33.5 million for the three months ended June 30, 2014 compared to June 30, 2013. The change in net loss was primarily due to the result of the gain on early extinguishment of debt of USD 14.0 million related to the Boulevard Mall for the three months ended June 30, 2013. Funds from operations were USD 15,244,000 compared to USD 6,197,000 a year ago. Net operating income was USD 41,224,000 compared to USD 34,167,000 a year ago. For the six months, the company reported total revenues of USD 135,628,000 compared to USD 115,874,000 a year ago. Operating income was USD 24,017,000 compared to USD 25,023,000 a year ago. Loss before income taxes and discontinued operations of USD 12,354,000 compared to USD 15,954,000 a year ago. Loss from continuing operations was USD 12,601,000 or USD 0.22 per basic and diluted share compared to USD 16,208,000 or USD 0.33 per basic and diluted share a year ago. Net loss was USD 12,601,000 or USD 0.22 per basic and diluted share compared to USD 25,371,000 or USD 0.51 per basic and diluted share a year ago. Core funds from operations were USD 43,818,000 or USD 0.76 per diluted share compared to USD 35,486,000 or USD 0.71 per diluted share a year ago. Core net operating income was USD 88,608,000 compared to USD 78,049,000 a year ago. Net operating income was USD 82,222,000 compared to USD 68,259,000 a year ago. Funds from operations were USD 31,862,000 compared to USD 15,462,000 a year ago. The 8% increase in Core FFO per diluted share for the six months were driven by a 13.5% increase in Core NOI, and an 80 basis point decrease in interest expense, partially offset by an increase in general and administrative expense, as well as an increase in its share count. The company is increasing its full year 2014 guidance range for Core FFO to USD 1.59 to USD 1.63 per diluted share, based on management's expectation as of the date of release. Full year guidance assumes the following: Growth of 3.0% to 4.0% in Same Property Core NOI as adjusted, excluding legacy litigation expenses, general and administrative expense of USD 24.6 million to USD 24.7 million, and net interest expense of USD 68.6 million to USD 68.8 million. The company expects net income per share to be in the range of USD 0.15 to USD 0.24, depreciation and amortization to be in the range of USD 1.11 to USD 1.10 and funds from operations per share to be in the range of USD 1.26 to USD 1.34.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RSE:US $17.87 USD +0.42

RSE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for RSE.
View Industry Companies
 

Industry Analysis

RSE

Industry Average

Valuation RSE Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.8x
Price/Book 1.8x
Price/Cash Flow 27.0x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ROUSE PROPERTIES INC, please visit www.rouseproperties.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.