Resource America Company Profile (NASDAQ:REXI)

About Resource America (NASDAQ:REXI)

Resource America logoResource 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: Finance
  • Industry: Asset Management
  • Sub-Industry: Specialized Finance
  • Symbol: NASDAQ:REXI
  • CUSIP: 76119520
  • Web: www.resourceamerica.com
Average Prices:
  • 50 Day Moving Avg: $9.75
  • 200 Day Moving Avg: $7.95
  • 52 Week Range: $3.54 - $9.95
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.08
  • P/E Growth: 0.00
Dividend:
  • Annual Dividend: $0.24
  • Dividend Yield: 2.5%
Profitability:
  • Net Margins: 4.44%
  • Return on Equity: 2.88%
  • Return on Assets: 1.17%
Debt:
  • Debt-to-Equity Ratio: 0.13%
  • Current Ratio: 1.74%
  • Quick Ratio: 1.74%
Misc:
  • Average Volume: 75,645 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 often does Resource America pay dividends? What is the dividend yield for Resource America?

Resource America announced a quarterly dividend on Tuesday, July 5th. Shareholders of record on Friday, July 15th will be given a dividend of $0.06 per share on Friday, July 29th. This represents a $0.24 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend is Wednesday, July 13th. View Resource America's Dividend History.

How were Resource America's earnings last quarter?

Resource America Inc (NASDAQ:REXI) released its quarterly earnings data on Friday, November, 6th. The company reported $0.05 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.27 by $0.22. The firm had revenue of $20.70 million for the quarter, compared to analyst estimates of $27.40 million. Resource America had a return on equity of 2.88% and a net margin of 4.44%. View Resource America's Earnings History.

Who are some of Resource America's key competitors?

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.

How much does a share of Resource America stock cost?

One share of Resource America stock can currently be purchased for approximately $9.78.

Analyst Ratings

Consensus Ratings for Resource America (NASDAQ:REXI) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Resource America (NASDAQ:REXI)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Resource America (NASDAQ:REXI)
Earnings by Quarter for Resource America (NASDAQ:REXI)
Earnings History by Quarter for Resource America (NASDAQ:REXI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2015Q3$0.27$0.05$27.40 million$20.70 millionViewListenView Earnings Details
5/8/2015Q1$0.05$0.10$24.40 million$42.20 millionViewListenView Earnings Details
11/19/2013Q4$0.23ViewListenView Earnings Details
8/7/2013Q3 2013$0.05$23.01 million$26.18 millionViewListenView Earnings Details
5/6/2013Q2 2013$0.14$14.78 million$13.45 millionViewListenView Earnings Details
2/5/2013Q1 2013$0.06ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Resource America (NASDAQ:REXI)
Current Year EPS Consensus Estimate: $0.75 EPS
Next Year EPS Consensus Estimate: $0.97 EPS

Dividends

Current Dividend Information for Resource America (NASDAQ:REXI)
Most Recent Dividend:7/29/2016
Annual Dividend:$0.24
Dividend Yield:2.45%
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 Payments by Quarter for Resource America (NASDAQ:REXI)

Dividend History by Quarter for Resource America (NASDAQ:REXI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/5/2016quarterly$0.062.47%7/13/20167/15/20167/29/2016
4/4/2016quarterly$0.064.25%4/13/20164/15/20164/29/2016
1/6/2016quarterly$0.063.74%1/13/20161/15/20161/29/2016
10/8/2015quarterly$0.063.17%10/15/201510/19/201510/30/2015
7/7/2015quarterly$0.062.91%7/15/20157/17/20157/31/2015
3/13/2015quarterly$0.062.59%4/14/20154/16/20154/30/2015
12/22/2014quarterly$0.062.65%1/14/20151/16/20151/30/2015
9/29/2014quarterly$0.062.58%10/15/201410/17/201410/31/2014
7/3/2014quarterly$0.052.1%7/15/20147/17/20147/31/2014
4/4/2014quarterly$0.052.4%4/14/20144/16/20144/30/2014
12/16/2013quarterly$0.052.24%1/15/20141/17/20141/31/2014
9/25/2013quarterly$0.041.98%10/16/201310/18/201310/31/2013
7/12/2013jul 13$0.037/31/20138/1/2013
7/1/2013quarterly$0.031.39%7/17/20137/19/20137/31/2013
4/3/2013quarterly$0.031.28%4/17/20134/19/20134/30/2013
1/8/2013quarterly$0.031.66%1/16/20131/18/20131/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Resource America (NASDAQ:REXI)
Insider Ownership Percentage: 30.87%
Institutional Ownership Percentage: 33.55%
Insider Trades by Quarter for Resource America (NASDAQ:REXI)
Insider Trades by Quarter for Resource America (NASDAQ:REXI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/27/2016Leon G CoopermanMajor ShareholderSell196,900$9.63$1,896,147.00View SEC Filing  
5/25/2016Leon G CoopermanMajor ShareholderSell414,787$9.62$3,990,250.94View SEC Filing  
5/24/2016Leon G CoopermanMajor ShareholderSell66,717$9.61$641,150.37View SEC Filing  
5/23/2016Leon G CoopermanMajor ShareholderSell28,987$9.62$278,854.94View SEC Filing  
3/8/2016Resource America, Inc.InsiderBuy250$10.00$2,500.00View SEC Filing  
1/21/2016Resource America, Inc.InsiderBuy250$10.00$2,500.00View SEC Filing  
12/15/2015Hersh KozlovDirectorBuy4,500$3.84$17,280.00View SEC Filing  
12/15/2015Jeffrey F BrotmanEVPBuy7,500$3.84$28,800.00View SEC Filing  
12/14/2015Alan F FeldmanSVPBuy5,000$4.00$20,000.00View SEC Filing  
6/24/2015Leon G CoopermanMajor ShareholderSell1,900$8.55$16,245.00View SEC Filing  
6/23/2015Leon G CoopermanMajor ShareholderSell10,289$8.57$88,176.73View SEC Filing  
6/22/2015Leon G CoopermanMajor ShareholderSell4,792$8.55$40,971.60View SEC Filing  
5/15/2015Hersh KozlovDirectorBuy4,700$8.33$39,151.00View SEC Filing  
5/13/2014Hersh KozlovDirectorBuy5,000$9.26$46,300.00View SEC Filing  
11/25/2013Leon G CoopermanMajor ShareholderSell377,832$9.23$3,487,389.36View SEC Filing  
8/15/2013Carlos C CampbellDirectorSell2,080$7.88$16,390.40View SEC Filing  
8/12/2013Hersh KozlovDirectorBuy3,000$8.25$24,750.00View SEC Filing  
3/14/2013Robert L LernerDirectorBuy3,000$8.99$26,970.00View SEC Filing  
3/1/2013Hersh KozlovDirectorBuy3,000$8.64$25,920.00View SEC Filing  
2/12/2013Hersh KozlovDirectorBuy6,000$7.70$46,200.00View SEC Filing  
12/7/2012Robert L LernerDirectorBuy2,000$6.88$13,760.00View SEC Filing  
10/16/2012Leon G CoopermanMajor ShareholderBuy135,019$6.35$857,370.65View SEC Filing  
9/12/2012Hersh KozlovDirectorBuy5,000$6.57$32,850.00View SEC Filing  
9/7/2012Hersh KozlovDirectorBuy5,000$6.53$32,650.00View SEC Filing  
8/7/2012Robert L LernerDirectorBuy2,500$6.34$15,850.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Resource America (NASDAQ:REXI)
Latest Headlines for Resource America (NASDAQ:REXI)
Source:
DateHeadline
businesswire.com logoVizient, Inc. Recognized in Forbes Survey as One of “America’s Best Management Consulting Firms”
www.businesswire.com - May 12 at 1:01 AM
finance.yahoo.com logoResource Real Estate Diversified Income Fund (RREDX) Announces Quarterly Distribution
finance.yahoo.com - October 14 at 6:48 PM
seekingalpha.com logoSale of Resource Capital's external manager closes
seekingalpha.com - September 8 at 6:45 PM
finance.yahoo.com logoResource Capital Corp.'s External Manager Successfully Acquired by C-III Capital Partners LLC
finance.yahoo.com - September 8 at 6:45 PM
biz.yahoo.com logoRESOURCE AMERICA, INC. Files SEC form 8-K, Termination of a Material Definitive Agreement, Completion of Acquisition
biz.yahoo.com - September 8 at 6:45 PM
biz.yahoo.com logoRESOURCE AMERICA, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Financi
biz.yahoo.com - August 29 at 6:52 PM
finance.yahoo.com logo10:41 am Resource America stockholders approve merger with subsidiary of C-III Capital Partners, transaction expected to close Sept 8
finance.yahoo.com - August 25 at 12:11 PM
finance.yahoo.com logoRESOURCE AMERICA, INC. Financials
finance.yahoo.com - August 17 at 7:25 PM
biz.yahoo.com logoRESOURCE AMERICA, INC. Files SEC form 8-K, Other Events
biz.yahoo.com - August 12 at 10:17 AM
finance.yahoo.com logoEdited Transcript of REXI earnings conference call or presentation 3-Aug-16 12:30pm GMT
finance.yahoo.com - August 4 at 10:18 AM
cnbc.com logoResource America reports 2Q loss
www.cnbc.com - August 3 at 7:29 PM
finance.yahoo.com logoResource Capital Corp. Reports Results for Three and Six Months Ended June 30, 2016
finance.yahoo.com - August 2 at 12:04 PM
biz.yahoo.com logoQ2 2016 Resource America Inc Earnings Release - After Market Close
biz.yahoo.com - August 2 at 12:04 PM
finance.yahoo.com logoResource America, Inc. to Report Operating Results for the Second Quarter 2016
finance.yahoo.com - July 20 at 9:00 AM
finance.yahoo.com logoResource Capital Corp. to Report Operating Results for Second Quarter 2016
finance.yahoo.com - July 19 at 9:00 AM
finance.yahoo.com logoResource Credit Income Fund (RCIAX) Announces Quarterly Distribution
finance.yahoo.com - July 7 at 7:09 PM
nasdaq.com logoArlington Asset Investment Corp (AI) Ex-Dividend Date Scheduled for
www.nasdaq.com - June 27 at 11:17 AM
finance.yahoo.com logoResource America Inc. Acquisition May Not Be in the Best Interests of REXI Shareholders
finance.yahoo.com - June 9 at 5:10 PM
finance.yahoo.com logoResource Real Estate Opportunity REIT II Acquires Breckenridge Apartment Homes
finance.yahoo.com - June 9 at 10:00 AM
biz.yahoo.com logoRESOURCE AMERICA, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - June 6 at 4:27 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning the Fairness of the Sale of Resource America, Inc. to C-III Capital Partners LLC
finance.yahoo.com - May 31 at 12:55 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Resource America, Inc. -REXI
finance.yahoo.com - May 26 at 7:11 PM
finance.yahoo.com logoRESOURCE AMERICA SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Resource America, Inc. (REXI) Over the Proposed Sale of the Company to C-III Capital Partners LLC
finance.yahoo.com - May 26 at 4:36 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Into Whether the Sale of Resource America, Inc. to C-III Capital Partners LLC is Fair to Shareholders
finance.yahoo.com - May 26 at 3:05 PM
finance.yahoo.com logoMilberg LLP Announces Investigation of Board of Directors' Decision to Sell Resource America, Inc. to C-III Capital Partners LLC
finance.yahoo.com - May 26 at 10:47 AM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation Regarding Whether the Sale of Resource America, Inc. to C-III Capital Partners LLC is Fair to Shareholders -- REXI
finance.yahoo.com - May 25 at 3:23 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Resource America, Inc. and Encourages Investors to Contact the Firm for Additional Information
finance.yahoo.com - May 24 at 10:10 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Resource America, Inc. - REXI
finance.yahoo.com - May 24 at 9:40 PM
biz.yahoo.com logoRESOURCE AMERICA, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - May 10 at 6:02 AM
finance.yahoo.com logoEdited Transcript of REXI earnings conference call or presentation 5-May-16 12:30pm GMT
finance.yahoo.com - May 5 at 11:14 AM
biz.yahoo.com logoQ1 2016 Resource America Inc Earnings Release - After Market Close
biz.yahoo.com - May 4 at 7:07 AM
thestreet.com logoCORRECTING And REPLACING - Resource America, Inc. To Report Operating Results For The First Quarter 2016
www.thestreet.com - April 23 at 10:23 AM

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Chart

Resource America (REXI) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff