Resource Capital Corp. (RSO) Given Media Impact Score of 0.15
Media coverage about Resource Capital Corp. (NYSE:RSO) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Resource Capital Corp. earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 46.3833203221951 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Several analysts recently commented on the company. FBR & Co upped their target price on Resource Capital Corp. from $9.75 to $11.50 and gave the company a “market perform” rating in a report on Tuesday, August 8th. Zacks Investment Research cut Resource Capital Corp. from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. ValuEngine upgraded Resource Capital Corp. from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Finally, BidaskClub cut Resource Capital Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Resource Capital Corp. has an average rating of “Hold” and a consensus target price of $10.83.
Shares of Resource Capital Corp. (NYSE:RSO) opened at 10.29 on Tuesday. Resource Capital Corp. has a one year low of $7.57 and a one year high of $12.65. The company has a 50-day moving average price of $10.46 and a 200 day moving average price of $10.08. The company’s market capitalization is $317.27 million.
Resource Capital Corp. (NYSE:RSO) last announced its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported ($0.10) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.09) by ($0.01). The company had revenue of $9.29 million during the quarter, compared to analysts’ expectations of $9.42 million. Resource Capital Corp. had a negative return on equity of 6.09% and a negative net margin of 48.78%. Equities analysts anticipate that Resource Capital Corp. will post ($0.31) EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, October 27th. Stockholders of record on Friday, September 29th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.20 annualized dividend and a dividend yield of 1.94%. Resource Capital Corp.’s dividend payout ratio (DPR) is presently -10.93%.
In other Resource Capital Corp. news, Director Jeffrey P. Cohen bought 5,312 shares of Resource Capital Corp. stock in a transaction dated Wednesday, August 16th. The shares were purchased at an average cost of $10.30 per share, with a total value of $54,713.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 4.82% of the stock is currently owned by insiders.
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Resource Capital Corp. Company Profile
Resource Capital Corp. is a real estate finance company. The Company operates through four segments: Commercial Real Estate Debt Investments, Commercial Finance, Residential Mortgage Lending and Corporate & Other. The Commercial Real Estate Debt Investments segment includes the Company’s activities and operations related to commercial real estate loans, commercial real estate-related securities and investments in real estate.
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