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PRNewswire (Thu, 26-Feb 6:26 PM ET)
Cohen & Steers Closed-End Funds Declare Distributions for January, February and March 2026
PRNewswire (Tue, 16-Dec 5:35 PM ET)
The primary investment objective of the Fund is high current income through investment in real estate and diversified preferred securities. The secondary investment objective is capital appreciation. Real estate securities include securities of any market capitalization issued by real estate companies (including REITs) and preferred securities issued by U.S. and non-U.S. companies.
Cohen & Steers REIT & Pr Com trades on the NYSE stock market under the symbol RNP.
As of March 11, 2026, RNP stock price declined to $20.97 with 39,665 million shares trading.
RNP has a beta of 0.45, meaning it tends to be less sensitive to market movements. RNP has a correlation of 0.30 to the broad based SPY ETF.
RNP has a market cap of $1.01 billion. This is considered a Small Cap stock.
In the last 3 years, RNP traded as high as $24.41 and as low as $15.52.
RNP has underperformed the market in the last year with a price return of +6.1% while the SPY ETF gained +21.6%. However, in the short term, RNP had mixed performance relative to the market. It has outperformed in the last 3 months, returning +9.5% vs -1.7% return in SPY. But in the last 2 weeks, RNP shares have been beat by the market, returning -1.9% compared to an SPY return of -1.9%.
RNP support price is $20.90 and resistance is $21.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RNP shares will trade within this expected range on the day.