About Resource America (NASDAQ:REXI)
Resource America, Inc. is an asset management company that specializes in real estate and credit investments. The Company evaluates, originates, services and manages investment opportunities through its real estate, financial fund management and commercial finance subsidiaries as well as its joint ventures. The Company operates through Real Estate, Financial Fund Management and Commercial Finance segments. The Company's real estate segment is focused on acquiring and managing a portfolio of commercial real estate and real estate related debt, as well as value-added multifamily investments. Its financial fund management segment focuses on the sponsorship and management of collateralized loan obligations (CLOs), and the management of legacy Collateralized Debt Obligations (CDOs). The Company conducts its commercial finance operations through LEAF Commercial Capital, Inc. (LEAF) and LEAF Financial Corporation (LEAF Financial). It maintains an investment in the funds it sponsors.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Diversified Investment Services
- Sub-Industry: Specialized Finance
- Symbol: NASDAQ:REXI
- CUSIP: 76119520
- Web: www.resourceamerica.com/
- 50 Day Moving Avg: $9.75
- 200 Day Moving Avg: $7.99
- 52 Week Range: $3.54 - $9.95
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 10.08
- P/E Growth: 0.00
- Annual Dividend: $0.24
- Dividend Yield: 2.5%
- Net Margins: 4.63%
- Return on Equity: -0.80%
- Return on Assets: 2.33%
- Debt-to-Equity Ratio: 0.13%
- Current Ratio: 1.74%
- Quick Ratio: 1.74%
- Average Volume: 77,176 shs.
- Beta: 1.67
Frequently Asked Questions for Resource America (NASDAQ:REXI)
What is Resource America's stock symbol?
Resource America trades on the NASDAQ under the ticker symbol "REXI."
How were Resource America's earnings last quarter?
Resource America Inc (NASDAQ:REXI) announced its quarterly earnings data on Friday, November, 6th. The company reported $0.05 EPS for the quarter, missing the Zacks' consensus estimate of $0.27 by $0.22. The company had revenue of $20.70 million for the quarter, compared to analysts' expectations of $27.40 million. Resource America had a negative return on equity of 0.80% and a net margin of 4.63%. View Resource America's Earnings History.
Who are some of Resource America's key competitors?
Some companies that are related to Resource America include HSBC Holdings plc (HSBA), Banco Bilbao Vizcaya Argentaria SA (BBVA), Prudential plc (PRU), Lloyds Banking Group PLC (LLOY), Royal Bank of Scotland Group plc (RBS), Barclays PLC (BARC), Standard Chartered PLC (STAN), Aviva plc (AV), Legal & General Group Plc (LGEN), Banco Santander-Chile (BSAC), London Stock Exchange Group Plc (LSE), Standard Life Aberdeen PLC (SLA), Everest Re Group Ltd (RE), Old Mutual plc (OML), 3i Group plc (III), W. R. Berkley Corp (WRB), Hargreaves Lansdown PLC (HL) and Land Securities Group plc (LAND).
How do I buy Resource America stock?
Shares of Resource America can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Resource America's stock price today?
MarketBeat Community Rating for Resource America (NASDAQ REXI)MarketBeat's community ratings are surveys of what our community members think about Resource America and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Resource America stock can currently be purchased for approximately $9.78.
Consensus Ratings for Resource America (NASDAQ:REXI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|Consensus Price Target History for Resource America (NASDAQ:REXI)
Analysts' Ratings History for Resource America (NASDAQ:REXI)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Resource America (NASDAQ:REXI)Earnings History by Quarter for Resource America (NASDAQ REXI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/6/2015||Q3||$0.27||$0.05||$27.40 million||$20.70 million||View||Listen|
|5/8/2015||Q1||$0.05||$0.10||$24.40 million||$42.20 million||View||Listen|
|8/7/2013||Q3 2013||$0.05||$23.01 million||$26.18 million||View||Listen|
|5/6/2013||Q2 2013||$0.14||$14.78 million||$13.45 million||View||Listen|
Earnings Estimates for Resource America (NASDAQ:REXI)
Current Year EPS Consensus Estimate: $0.75 EPS
Next Year EPS Consensus Estimate: $0.97 EPS
Current Dividend Information for Resource America (NASDAQ:REXI)
|Most Recent Dividend:||7/29/2016|
|Payout Ratio:||92.31% (Trailing 12 Months of Earnings) |
32.00% (Based on This Year's Estimates)
24.74% (Based on Next Year's Estimates)
Dividend History by Quarter for Resource America (NASDAQ REXI)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Resource America (NASDAQ:REXI)
Insider Ownership Percentage: 30.87%Insider Trades by Quarter for Resource America (NASDAQ:REXI)
Institutional Ownership Percentage: 33.55%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/27/2016||Leon G Cooperman||Major Shareholder||Sell||196,900||$9.63||$1,896,147.00|| |
|5/25/2016||Leon G Cooperman||Major Shareholder||Sell||414,787||$9.62||$3,990,250.94|| |
|5/24/2016||Leon G Cooperman||Major Shareholder||Sell||66,717||$9.61||$641,150.37|| |
|5/23/2016||Leon G Cooperman||Major Shareholder||Sell||28,987||$9.62||$278,854.94|| |
|3/8/2016||Resource America, Inc.||Insider||Buy||250||$10.00||$2,500.00|| |
|1/21/2016||Resource America, Inc.||Insider||Buy||250||$10.00||$2,500.00|| |
|12/15/2015||Hersh Kozlov||Director||Buy||4,500||$3.84||$17,280.00|| |
|12/15/2015||Jeffrey F Brotman||EVP||Buy||7,500||$3.84||$28,800.00|| |
|12/14/2015||Alan F Feldman||SVP||Buy||5,000||$4.00||$20,000.00|| |
|6/24/2015||Leon G Cooperman||Major Shareholder||Sell||1,900||$8.55||$16,245.00|| |
|6/23/2015||Leon G Cooperman||Major Shareholder||Sell||10,289||$8.57||$88,176.73|| |
|6/22/2015||Leon G Cooperman||Major Shareholder||Sell||4,792||$8.55||$40,971.60|| |
|5/15/2015||Hersh Kozlov||Director||Buy||4,700||$8.33||$39,151.00|| |
|5/13/2014||Hersh Kozlov||Director||Buy||5,000||$9.26||$46,300.00|| |
|11/25/2013||Leon G Cooperman||Major Shareholder||Sell||377,832||$9.23||$3,487,389.36|| |
|8/15/2013||Carlos C Campbell||Director||Sell||2,080||$7.88||$16,390.40|| |
|8/12/2013||Hersh Kozlov||Director||Buy||3,000||$8.25||$24,750.00|| |
|3/14/2013||Robert L Lerner||Director||Buy||3,000||$8.99||$26,970.00|| |
|3/1/2013||Hersh Kozlov||Director||Buy||3,000||$8.64||$25,920.00|| |
|2/12/2013||Hersh Kozlov||Director||Buy||6,000||$7.70||$46,200.00|| |
|12/7/2012||Robert L Lerner||Director||Buy||2,000||$6.88||$13,760.00|| |
|10/16/2012||Leon G Cooperman||Major Shareholder||Buy||135,019||$6.35||$857,370.65|| |
|9/12/2012||Hersh Kozlov||Director||Buy||5,000||$6.57||$32,850.00|| |
|9/7/2012||Hersh Kozlov||Director||Buy||5,000||$6.53||$32,650.00|| |
|8/7/2012||Robert L Lerner||Director||Buy||2,500||$6.34||$15,850.00|| |
Headline Trends for Resource America (NASDAQ:REXI)
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Resource America (REXI) Chart for Sunday, October, 22, 2017