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
Industry Diversified Investment Services
Trailing P/E Ratio29.6363636363636
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on Equity-0.80%
Return on Assets2.33%
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) issued its quarterly earnings data on Friday, November, 6th. The asset manager reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by $0.22. The asset manager had revenue of $20.70 million for the quarter, compared to analyst estimates 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.
Who are some of Resource America's key competitors?
Some companies that are related to Resource America include Capital City Bank Group (CCBG), OFG Bancorp (OFG), Southern National Banc. of Virginia (SONA), Ocwen Financial (OCN), Bank Of Kentucky Financial (BKYF), Fly Leasing (FLY), Regional REIT (RGL), First Bancshares (FBMS), Standard Life Inv Prop Inc Trust (SLI), Consolidated-Tomoka Land (CTO), Century Bancorp (CNBKA), America First Multifamily Investors (ATAX), Ares Commercial Real Estate (ACRE), Fidus Investment (FDUS), Gladstone Investment (GAIN), Orchid Island Capital (ORC), PCSB Financial (PCSB) and Eagle Point Credit (ECC).
How do I buy Resource America stock?
Shares of Resource America 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 Resource America 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 (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.
Resource America (NASDAQ:REXI) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Resource America (NASDAQ:REXI) Earnings History and Estimates Chart
Resource America (NASDAQ REXI) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|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|
Resource America (NASDAQ:REXI) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Resource America (NASDAQ:REXI) Dividend Information
|Most Recent Dividend:||7/29/2016|
|Payout Ratio:||72.73% (Trailing 12 Months of Earnings) |
Resource America (NASDAQ:REXI) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Resource America (NASDAQ REXI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 30.87%
Institutional Ownership Percentage: 33.55%
Resource America (NASDAQ REXI) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|5/27/2016||Leon G Cooperman||Major Shareholder||Sell||196,900||$9.63||$1,896,147.00||1,200,000|| |
|5/25/2016||Leon G Cooperman||Major Shareholder||Sell||414,787||$9.62||$3,990,250.94||1,200,000|| |
|5/24/2016||Leon G Cooperman||Major Shareholder||Sell||66,717||$9.61||$641,150.37||1,200,000|| |
|5/23/2016||Leon G Cooperman||Major Shareholder||Sell||28,987||$9.62||$278,854.94||1,200,000|| |
|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||60,200|| |
|12/15/2015||Jeffrey F Brotman||EVP||Buy||7,500||$3.84||$28,800.00||160,285|| |
|12/14/2015||Alan F Feldman||SVP||Buy||5,000||$4.00||$20,000.00||312,525|| |
|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|| |
Resource America (NASDAQ REXI) News Headlines
|Vizient, Inc. Recognized in Forbes Survey as One of “America’s Best Management Consulting Firms”|
www.businesswire.com - May 12 at 1:01 AM
|Sale of Resource Capital's external manager closes|
seekingalpha.com - September 8 at 6:45 PM
|RESOURCE 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
|RESOURCE 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
|RESOURCE AMERICA, INC. Files SEC form 8-K, Other Events|
biz.yahoo.com - August 12 at 10:17 AM
|Resource America reports 2Q loss|
www.cnbc.com - August 3 at 7:29 PM
|Q2 2016 Resource America Inc Earnings Release - After Market Close|
biz.yahoo.com - August 2 at 12:04 PM
|Arlington Asset Investment Corp (AI) Ex-Dividend Date Scheduled for|
www.nasdaq.com - June 27 at 11:17 AM
|RESOURCE 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
|RESOURCE AMERICA, INC. Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - May 10 at 6:02 AM
|Q1 2016 Resource America Inc Earnings Release - After Market Close|
biz.yahoo.com - May 4 at 7:07 AM
|CORRECTING And REPLACING - Resource America, Inc. To Report Operating Results For The First Quarter 2016|
www.thestreet.com - April 23 at 10:23 AM
Resource America (NASDAQ:REXI) SEC Filings
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Resource America (NASDAQ:REXI) Income Statement, Balance Sheet and Cash Flow Statement
Resource America (NASDAQ REXI) Stock Chart for Wednesday, January, 17, 2018