Headlines about Sutherland Asset Management (NYSE:SLD) have trended positive on Wednesday, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog 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. Sutherland Asset Management earned a daily sentiment score of 0.44 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 48.1637566243365 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Sutherland Asset Management (SLD) traded down $0.20 on Wednesday, hitting $14.95. 65,700 shares of the company were exchanged, compared to its average volume of 82,380. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.45 and a current ratio of 2.45. The company has a market capitalization of $484.75, a P/E ratio of 8.17 and a beta of 0.68. Sutherland Asset Management has a twelve month low of $13.00 and a twelve month high of $16.20.
Sutherland Asset Management (NYSE:SLD) last posted its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $0.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.03. Sutherland Asset Management had a net margin of 42.78% and a return on equity of 8.15%. equities analysts anticipate that Sutherland Asset Management will post 1.41 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, December 29th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 9.90%. The ex-dividend date is Thursday, December 28th. Sutherland Asset Management’s dividend payout ratio (DPR) is 80.87%.
A number of equities research analysts recently weighed in on SLD shares. B. Riley reissued a “buy” rating on shares of Sutherland Asset Management in a research note on Wednesday, November 1st. Zacks Investment Research downgraded shares of Sutherland Asset Management from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Keefe, Bruyette & Woods started coverage on shares of Sutherland Asset Management in a research note on Thursday, September 28th. They set a “market perform” rating and a $16.00 price target for the company. Finally, JMP Securities started coverage on shares of Sutherland Asset Management in a research note on Friday, January 5th. They set an “outperform” rating and a $17.00 price target for the company. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $16.50.
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About Sutherland Asset Management
Sutherland Asset Management Corporation, formerly ZAIS Financial Corp., is a diversified mortgage real estate investment trust (REIT). The Company originates, acquires, finances, services and manages small balance commercial loans (SBC) and Small Business Administration (SBA) loans. The Company focuses on maintaining its existing residential mortgage origination platform, GMFS.
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