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
Stock Exchange NASDAQ
Industry N/A
Sub-IndustrySpecialized Finance
SectorN/A
SymbolNASDAQ:REXI
CUSIP76119520
Phone+1-215-5465005
Debt
Debt-to-Equity Ratio0.13
Current Ratio1.74
Quick Ratio1.74
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins4.63%
Return on Equity-0.80%
Return on Assets2.33%
Miscellaneous
Employees704
Outstanding Shares20,790,000
Market Cap$203.30 million
Resource America (NASDAQ:REXI) Frequently Asked Questions
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 earnings results on Friday, November, 6th. The asset manager reported $0.05 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.27 by $0.22. The asset manager earned $20.70 million during the quarter, compared to the consensus estimate of $27.40 million. Resource America had a net margin of 4.63% and a negative return on equity of 0.80%. View Resource America's Earnings History.
Has Resource America been receiving favorable news coverage?
News articles about REXI stock have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog 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 America earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned media stories about the asset manager an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Resource America.
How do I buy shares of Resource America?
Shares of REXI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Resource America's stock price today?
One share of REXI stock can currently be purchased for approximately $9.78.
How big of a company is Resource America?
Resource America has a market capitalization of $203.30 million. Resource America employs 704 workers across the globe.
How can I contact Resource America?
Resource America's mailing address is Navy Yard Corporate Center One Crescent Drive, Suite 203, PHILADELPHIA, PA 19112, United States. The asset manager can be reached via phone at +1-215-5465005.
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 REXI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe REXI will underperform the S&P 500 over the long term. You may vote once every thirty days.
