Cohen & Steers REIT and Preferred Income Fund, Inc. logo

Cohen & Steers REIT and Preferred Income Fund, Inc.

RNP

NYSEFinancial ServicesAsset Management

Previous close

$20.28

−$0.07 · -0.34%

Aug 21, 4:00 PM ET

RNP company overview

Regular session · ET · Market data may be delayed.

Company profile

Company website

Cohen & Steers REIT and Preferred Income Fund, Inc. is a closed-ended balanced mutual fund launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in the stocks of companies operating in the real estate sector including real estate investment trusts. For its fixed income portfolio, the fund typically invests in debt and preferred securities of companies operating across diversified sectors. It employs fundamental analysis to create its fixed income portfolio with a focus on the issuer’s creditworthiness, corporate and capital structure, placement of the preferred or debt securities within that structure, momentum and other exogenous signals, and relative value versus other income security classes and for its equity portfolio also it employs fundamental analysis to create its portfolio with a focus on growth potential, earnings estimates, and the quality of management. The fund benchmarks the performance of its portfolio against the FTSE NAREIT Equity Index, S&P 500 Index, Merrill Lynch Fixed Rate Preferred Index, and FTSE NAREIT Equity REIT Index. It was formerly known as Cohen & Steers REIT & Preferred Balanced Income Fund. Cohen & Steers REIT and Preferred Income Fund, Inc. was formed on June 27, 2003 and is domiciled in the United States.

Industry
Asset Management
Sector
Financial Services
Headquarters
US
CEO
James Giallanza
Listed since
Jun 25, 2003

Market position

Day range

Current $20.28

52-week range

Current $20.28

Open
$20.42
Previous close
$20.35
Volume
89.71K
0.88× average
Average volume
102.48K
Average daily volume
Market cap
973.44M USD
Beta
1.22
Market reference 1
50-day average
$20.4756
-0.96% below average
200-day average
$20.5426
-1.28% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.4B USD
P/E (TTM)
17.04×
P/B (TTM)
0.98×
P/S (TTM)
12.09×
EV / EBITDA
17.55×
Earnings yield
6.01%
Free cash flow yield
3.37%
Dividend yield
8.05%

Profitability & efficiency

Gross margin
93.06%
Operating margin
65.00%
Net margin
71.19%
Return on equity
5.79%
Return on assets
3.97%
Return on invested capital
5.54%

Financial health

Debt / equity
0.45×
Current ratio
7.76×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends273%60%-153%-366%Gross margin, FY2021: 35.95%Gross margin, FY2022: -310.54%Gross margin, FY2023: 100.00%Gross margin, FY2024: 100.00%Gross margin, FY2025: 89.42%Operating margin, FY2021: 219.60%Operating margin, FY2022: -299.69%Operating margin, FY2023: 84.54%Operating margin, FY2024: 83.47%Operating margin, FY2025: 76.03%Net margin, FY2021: 213.77%Net margin, FY2022: -312.77%Net margin, FY2023: 154.92%Net margin, FY2024: 132.37%Net margin, FY2025: 54.62%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 35.95%. Gross margin FY2022 -310.54%. Gross margin FY2023 100.00%. Gross margin FY2024 100.00%. Gross margin FY2025 89.42%. Operating margin FY2021 219.60%. Operating margin FY2022 -299.69%. Operating margin FY2023 84.54%. Operating margin FY2024 83.47%. Operating margin FY2025 76.03%. Net margin FY2021 213.77%. Net margin FY2022 -312.77%. Net margin FY2023 154.92%. Net margin FY2024 132.37%. Net margin FY2025 54.62%.

Income trends

Revenue

104.94M USD+51.32%

Operating income

79.79M USD+37.83%

Net income

57.32M USD-37.56%
Income trends across reported periods413.02M USD151.46M USD−110.11M USD−371.67M USDRevenue, FY2021: 158.3M USDRevenue, FY2022: 97.92M USDRevenue, FY2023: 70.94M USDRevenue, FY2024: 69.35M USDRevenue, FY2025: 104.94M USDOperating income, FY2021: 347.63M USDOperating income, FY2022: −293.47M USDOperating income, FY2023: 59.98M USDOperating income, FY2024: 57.89M USDOperating income, FY2025: 79.79M USDNet income, FY2021: 338.4M USDNet income, FY2022: −306.28M USDNet income, FY2023: 109.91M USDNet income, FY2024: 91.8M USDNet income, FY2025: 57.32M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 158.3M USD. Revenue FY2022 97.92M USD. Revenue FY2023 70.94M USD. Revenue FY2024 69.35M USD. Revenue FY2025 104.94M USD. Operating income FY2021 347.63M USD. Operating income FY2022 −293.47M USD. Operating income FY2023 59.98M USD. Operating income FY2024 57.89M USD. Operating income FY2025 79.79M USD. Net income FY2021 338.4M USD. Net income FY2022 −306.28M USD. Net income FY2023 109.91M USD. Net income FY2024 91.8M USD. Net income FY2025 57.32M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue104.94M USD69.35M USD70.94M USD97.92M USD158.3M USD
Cost of goods sold11.11M USD12.15M USD9.21M USD
Gross profit93.84M USD69.35M USD70.94M USD−304.09M USD56.91M USD
Selling, general, and administrative1.93M USD11.46M USD10.97M USD2.16M USD2.11M USD
Operating expenses14.05M USD11.46M USD10.97M USD2.19M USD2.13M USD
Interest income70.41M USD34.53M USD33.6M USD27.44M USD
Interest expense22.55M USD26.75M USD26.93M USD12.8M USD9.21M USD
Operating income79.79M USD57.89M USD59.98M USD−293.47M USD347.63M USD
Net income57.32M USD91.8M USD109.91M USD−306.28M USD338.4M USD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.24

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates1.89-0.73-3.35-5.98Q2 '22Q4 '22Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q2 2022, reported Jun 30, 2022: actual -5.44, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Dec 30, 2022: actual -0.997, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Sep 1, 2023: actual 0.344, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 8, 2024: actual 0.806, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Sep 5, 2024: actual 0.567, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 7, 2025: actual 1.35, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 8, 2025: actual 0.954, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 5, 2026: actual 0.24, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates86.39M67.65M48.92M30.18MQ2 '22Q4 '22Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q2 2022, reported Jun 30, 2022: actual 49.05M USD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Dec 30, 2022: actual 48.87M USD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Sep 1, 2023: actual 34.06M USD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 8, 2024: actual 36.89M USD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Sep 5, 2024: actual 34.06M USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 7, 2025: actual 82.52M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 8, 2025: actual 35.2M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 5, 2026: actual 45.32M USD, estimate —, surprise —, Comparison unavailable.

RNP news

RNP peers

ETFs holding RNP

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research RNP

research.disclaimer