Necessity Retail REIT Inc (RTL) Stock

DelistedNasdaq: RTLThe Necessity Retail REIT (Nasdaq: RTL) is the preeminent publicly traded real estate investment trust (REIT) focused on Where America Shops.

7.61
Final close · Sep 11, 2023

RTL is no longer traded. Necessity Retail REIT was merged with Global Net Lease (GNL) on September 12, 2023.

Each RTL share was exchanged for 0.670 shares of Global Net Lease common stock. Prices on this page are historical; the last trade was September 11, 2023 at $7.61.

See Global Net Lease (GNL) stock →

Necessity Retail REIT stock price history

Split-adjusted closes, 2018–2023

RTL final trading statistics

Final close
$7.61
Final trading day
Sep 11, 2023
Market cap at delisting
$1.02B
Shares outstanding
134.53M
Final 52-week range
$4.45 – $7.66
Avg. volume (final 3 mo.)
1,102,633
All-time high (split-adj.)
$20.50 · Nov 2019
All-time low (split-adj.)
$4.36 · May 2023
Return since IPO
-51.1%
Beta
1.36
Book value / share
$10.73
Price / book
0.71
Final 52 wk
4.457.66

Necessity Retail REIT earnings per share

Earnings per share

Necessity Retail REIT revenue & net income

RevenueNet income

Necessity Retail REIT annual financials

Fiscal yearRevenueNet incomeEPS
FY2022$446.44M-$117.4M-$0.80
FY2021$335.16M-$122.1M-$0.55
FY2020$305.22M-$111.4M-$0.25
FY2019$299.74M-$77.5M$0.00
FY2018$291.21M-$37.4M-$0.16

Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.

About Necessity Retail REIT Inc

The Necessity Retail REIT (Nasdaq: RTL) is the preeminent publicly traded real estate investment trust (REIT) focused on Where America Shops. RTL acquires and manages a diversified portfolio of primarily necessity-based retail single-tenant and open-air shopping center properties in the U.S.

Necessity Retail REIT stock FAQ

What happened to Necessity Retail REIT stock?

Necessity Retail REIT was merged with Global Net Lease (GNL) on September 12, 2023. Shareholders received 0.670 shares of Global Net Lease common stock for each share. RTL stock stopped trading on the Nasdaq, with a final close of $7.61 on September 11, 2023.

What did Necessity Retail REIT shareholders receive?

Each RTL share was converted into 0.670 shares of Global Net Lease common stock.

Is RTL stock still trading?

No. RTL was delisted from the Nasdaq on September 12, 2023 and no longer trades on a U.S. exchange. Former Necessity Retail REIT shareholders received Global Net Lease (GNL) shares.

What was the last price of RTL stock?

RTL closed at $7.61 on its final trading day, September 11, 2023, for a market value of about $1.02B.

What were Necessity Retail REIT's revenue and earnings in its last full fiscal year?

Necessity Retail REIT reported revenue of $446.44M and net income of -$117.4M in fiscal 2022, its last full year as a public company.

When did Necessity Retail REIT go public?

Necessity Retail REIT Inc stock began trading on July 19, 2018.

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