public non-traded reit investing in triple net lease properties encumbered by long-term leases with credit tenants.
Company profile
Ticker
RTL, RTLPO, RTLPP
Exchange
Website
CEO
Edward Weil
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
American Finance Trust, Inc, American Realty Capital Trust V, Inc.
SEC CIK
Corporate docs
Subsidiaries
The Necessity Retail REIT Operating Partnership, L.P. • ARC Retail TRS Holdco, LLC • AFN ABSPROP001, LLC • AFN ABSPROP001-A, LLC • AFN ABSPROP001-B, LLC • AFN ABSPROP002, LLC • AFN ABSPROP002-A, LLC • AFN ABSPROP002-B, LLC • AFN ABSPROP002-C, LLC • ARC AAANGIN001, LLC ...
IRS number
900929989
RTL stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
22 Sep 23
S-3DPOS
Registration of securities, dividend or interest reinvestment plans, immediately effective (post-effective amendment)
12 Sep 23
S-8 POS
Registration of securities for employees (post-effective amendment)
12 Sep 23
8-A12B/A
Registration of securities on exchange (amended)
12 Sep 23
POSASR
Automatic shelf registration (post-effective amendment)
12 Sep 23
POSASR
Automatic shelf registration (post-effective amendment)
12 Sep 23
8-K
Global Net Lease and the Necessity Retail Reit Complete
12 Sep 23
25-NSE
Exchange delisting
12 Sep 23
425
Business combination disclosure
8 Sep 23
425
Business combination disclosure
8 Sep 23
Transcripts
RTL
Earnings call transcript
2023 Q1
10 May 23
RTL
Earnings call transcript
2022 Q4
23 Feb 23
RTL
Earnings call transcript
2022 Q3
3 Nov 22
RTL
Earnings call transcript
2022 Q2
5 Aug 22
RTL
Earnings call transcript
2022 Q1
5 May 22
RTL
Earnings call transcript
2021 Q3
4 Nov 21
RTL
Earnings call transcript
2021 Q2
8 Aug 21
RTL
Earnings call transcript
2021 Q1
9 May 21
RTL
Earnings call transcript
2020 Q4
25 Feb 21
RTL
Earnings call transcript
2020 Q3
7 Nov 20
Latest ownership filings
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 82.55 mm | 82.55 mm | 82.55 mm | 82.55 mm | 82.55 mm | 82.55 mm |
Cash burn (monthly) | (no burn) | 375.42 k | 4.11 mm | 146.67 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | 3.62 mm | 39.70 mm | 1.42 mm | n/a | n/a |
Cash remaining | n/a | 78.92 mm | 42.85 mm | 81.13 mm | n/a | n/a |
Runway (months of cash) | n/a | 210.2 | 10.4 | 553.2 | n/a | n/a |
Institutional ownership, Q2 2023
59.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 236 |
Opened positions | 28 |
Closed positions | 37 |
Increased positions | 75 |
Reduced positions | 88 |
13F shares | Current |
---|---|
Total value | 571.36 bn |
Total shares | 79.34 mm |
Total puts | 29.90 k |
Total calls | 64.60 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 19.25 mm | $130.15 bn |
BLK Blackrock | 13.10 mm | $88.54 bn |
STT State Street | 6.53 mm | $44.15 bn |
Geode Capital Management | 3.06 mm | $20.71 bn |
LSV Asset Management | 2.67 mm | $18.13 bn |
Mirae Asset Global Investments | 2.52 mm | $17.01 bn |
Charles Schwab Investment Management | 2.25 mm | $15.23 bn |
IVZ Invesco | 1.75 mm | $11.85 bn |
Dimensional Fund Advisors | 1.71 mm | $11.54 bn |
Magnetar Financial | 1.51 mm | $10.19 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Sep 23 | Kabnick Lisa | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 347,794 | 0.00 | 0 |
12 Sep 23 | Michelson Leslie D | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 96,230 | 0.00 | 0 |
12 Sep 23 | Perla Stanley R | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 103,346 | 0.00 | 0 |
12 Sep 23 | Rendell Edward G | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 100,707 | 0.00 | 0 |
12 Sep 23 | Jason F. Doyle | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 76,068 | 0.00 | 0 |