$-0.06 EPS Expected for Resource Capital Corp. (RSO)
February 26, 2018 – By Stephen Andrade
Analysts expect Resource Capital Corp. (NYSE:RSO) to report $-0.06 EPS on March, 12.They anticipate $0.06 EPS change or 50.00 % from last quarter’s $-0.12 EPS. After having $-0.36 EPS previously, Resource Capital Corp.’s analysts see -83.33 % EPS growth. The stock increased 1.68% or $0.15 during the last trading session, reaching $9.09. About 66,747 shares traded. Resource Capital Corp. (NYSE:RSO) has declined 23.76% since February 26, 2017 and is downtrending. It has underperformed by 40.46% the S&P500.
Resource Capital Corp. (NYSE:RSO) Ratings Coverage
Among 5 analysts covering Resource Capital Corp (NYSE:RSO), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. Resource Capital Corp had 15 analyst reports since August 6, 2015 according to SRatingsIntel. On Wednesday, March 9 the stock rating was downgraded by JMP Securities to “Market Perform”. The rating was initiated by FBR Capital with “Outperform” on Thursday, December 17. The rating was downgraded by FBR Capital to “Mkt Perform” on Tuesday, November 15. The firm has “Market Perform” rating given on Wednesday, September 2 by Wood. The stock of Resource Capital Corp. (NYSE:RSO) has “Hold” rating given on Wednesday, September 2 by Deutsche Bank. On Tuesday, August 8 the stock rating was maintained by FBR Capital with “Market Perform”. The rating was upgraded by JMP Securities on Friday, August 19 to “Mkt Outperform”. The stock of Resource Capital Corp. (NYSE:RSO) earned “” rating by Deutsche Bank on Tuesday, March 29. As per Friday, November 18, the company rating was downgraded by JMP Securities. The stock has “Hold” rating by Deutsche Bank on Monday, August 10.
Resource Capital Corp., a real estate investment trust, primarily focuses on the origination, holding, and management of commercial mortgage loans and other commercial real estate-related debt investments in the United States. The company has market cap of $280.71 million. It invests in commercial real estate-related assets, such as first mortgage loans, first priority interests in first mortgage real estate loans, subordinate interests in first mortgage real estate loans, mezzanine debt, commercial mortgage-backed securities, commercial real estate; and residential real estate-related assets, including residential mortgage loans and mortgaged-backed securities. It has a 34.3 P/E ratio. The firm is also involved in the investment of commercial finance assets comprising middle-market secured corporate loans and preferred equity investments, asset-backed securities, debt tranches of collateralized debt and loan obligations, structured note investments, senior secured corporate loans, and preferred equity investment in a commercial leasing enterprise.
More recent Resource Capital Corp. (NYSE:RSO) news were published by: Globenewswire.com which released: “Resource Capital Corp. Announces Full Redemption of its Outstanding 8.25 …” on February 21, 2018. Also Globenewswire.com published the news titled: “Resource Capital Corp. to Report Operating Results for Fourth Quarter and …” on February 22, 2018. Seekingalpha.com‘s news article titled: “Resource Capital Corp.: Late Stage Turnaround Offers Potential For Improving …” with publication date: January 02, 2018 was also an interesting one.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.