Media coverage about Resource Capital (NYSE:RSO) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Resource Capital earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 47.2162786452998 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Resource Capital (RSO) traded down $0.24 during trading on Friday, reaching $9.15. 228,742 shares of the company’s stock traded hands, compared to its average volume of 227,942. Resource Capital has a 52 week low of $7.90 and a 52 week high of $11.38. The company has a debt-to-equity ratio of 1.60, a current ratio of 134.66 and a quick ratio of 134.66. The stock has a market cap of $287.16, a P/E ratio of 33.89 and a beta of 0.99.
Resource Capital (NYSE:RSO) last announced its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported ($0.36) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.29). Resource Capital had a net margin of 63.00% and a negative return on equity of 1.23%. The company had revenue of $10.30 million during the quarter, compared to analyst estimates of $9.34 million. The company’s revenue for the quarter was down 28.0% compared to the same quarter last year. sell-side analysts anticipate that Resource Capital will post -0.71 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 26th. Investors of record on Friday, December 29th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.19%. The ex-dividend date was Thursday, December 28th. Resource Capital’s dividend payout ratio (DPR) is 74.07%.
A number of research firms recently commented on RSO. B. Riley reaffirmed a “neutral” rating on shares of Resource Capital in a research report on Friday, November 3rd. Zacks Investment Research downgraded shares of Resource Capital from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $11.75.
In other Resource Capital news, Director William B. Hart bought 3,000 shares of the business’s stock in a transaction on Friday, November 17th. The stock was bought at an average price of $9.61 per share, for a total transaction of $28,830.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders have acquired 10,805 shares of company stock valued at $104,798. 4.82% of the stock is currently owned by company insiders.
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About Resource Capital
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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