Altisource Residential Corporation Company Profile (NYSE:RESI)

About Altisource Residential Corporation

Altisource Residential Corporation logoAltisource Residential Corporation is a real estate investment trust (REIT). The Company is focused on acquiring, owning and managing single-family rental properties throughout the United States. The Company operates through the segment focused on the resolution of sub-performing and non-performing mortgages, and acquisition and ownership of rental residential properties. It acquires its single-family rental properties primarily through the acquisition of sub-performing and non-performing loan portfolios. The Company conducts its activities through its subsidiary, Altisource Residential, L.P., and its subsidiaries. The Company has approximately 6,520 real estate owned (REO) properties, consisting of over 4,930 REO properties held for use and over 1,580 held for sale. Of approximately 4,930 REO properties held for use, over 2,120 properties are leased, over 260 are listed and ready for rent, and approximately 350 are in varying stages of renovation and unit turn status.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Residential
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: RESI
  • CUSIP:
Key Metrics:
  • Previous Close: $12.92
  • 50 Day Moving Average: $12.20
  • 200 Day Moving Average: $11.20
  • 52-Week Range: $7.81 - $13.51
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -10.95
  • P/E Growth: -0.45
  • Market Cap: $695.99M
  • Outstanding Shares: 53,869,000
  • Beta: 1.99
Profitability:
  • Net Margins: -338.43%
  • Return on Equity: -16.34%
  • Return on Assets: -7.68%
Debt:
  • Current Ratio: 12.98%
  • Quick Ratio: 12.98%
Additional Links:
Companies Related to Altisource Residential Corporation:

Analyst Ratings

Consensus Ratings for Altisource Residential Corporation (NYSE:RESI) (?)
Ratings Breakdown: 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $14.70 (13.78% upside)

Analysts' Ratings History for Altisource Residential Corporation (NYSE:RESI)
Show:
DateFirmActionRatingPrice TargetDetails
11/30/2016J P Morgan Chase & CoBoost Price TargetNeutral$14.00 -> $15.00View Rating Details
11/24/2016JMP SecuritiesReiterated RatingHoldView Rating Details
9/23/2016NomuraReiterated RatingBuy$15.00View Rating Details
8/18/2016Northland SecuritiesInitiated CoverageOutperformView Rating Details
8/18/2016Deutsche Bank AGSet Price TargetBuy$20.00 -> $18.50View Rating Details
8/17/2016Citigroup Inc.Boost Price TargetNeutral$9.00 -> $11.00View Rating Details
3/1/2016Compass PointReiterated RatingBuy$17.00 -> $14.00View Rating Details
11/10/2015Keefe, Bruyette & WoodsLower Price Target$16.00 -> $15.00View Rating Details
8/11/2015Piper Jaffray CompaniesLower Price TargetOverweight$28.50 -> $22.50View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Altisource Residential Corporation (NYSE:RESI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017        
11/7/2016Q316($0.48)($1.06)$27.97 million$4.40 millionViewListenView Earnings Details
8/8/2016Q216$0.14($1.16)$76.52 millionViewListenView Earnings Details
5/9/2016Q116($0.06)($0.82)$59.18 million$40.10 millionViewListenView Earnings Details
2/29/2016Q415$0.18($1.18)$71.76 million$24.14 millionViewListenView Earnings Details
11/9/2015Q315$0.39($0.09)$84.46 million$58.50 millionViewListenView Earnings Details
8/10/2015Q215$0.57$0.23$95.58 million$76.50 millionViewListenView Earnings Details
5/7/2015Q414$0.57$0.22$108.06 million$88.90 millionViewN/AView Earnings Details
3/2/2015Q4$0.61$0.72$101.96 million$122.20 millionViewN/AView Earnings Details
11/4/2014Q314$0.76$0.66$114.96 million$109.10 millionViewN/AView Earnings Details
7/22/2014Q214$0.65$1.18$78.21 million$116.04 millionViewN/AView Earnings Details
4/29/2014Q114$0.75$0.77$55.00 million$69.00 millionViewN/AView Earnings Details
2/20/2014Q413$0.19$0.50$34.76 million$30.00 millionViewN/AView Earnings Details
10/22/2013Q313$0.05$0.53$17.49 million$19.59 millionViewN/AView Earnings Details
7/23/2013Q213($0.10)$0.26ViewN/AView Earnings Details
5/9/2013($0.13)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Altisource Residential Corporation (NYSE:RESI)
Current Year EPS Consensus Estimate: $-2.95 EPS
Next Year EPS Consensus Estimate: $-1.18 EPS

Dividends

Current Dividend Information for Altisource Residential Corporation (NYSE:RESI)
Annual Dividend:$0.60
Dividend Yield:4.64%
Dividend Growth:16.30% (3 Year Average)
Payout Ratio:-14.22% (Based on Trailing 12 Months of Earnings)
-20.34% (Based on Current Year Consensus EPS Estimate)
-50.85% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Altisource Residential Corporation (NYSE:RESI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/21/2016quarterly$0.155.26%12/28/201612/30/20161/13/2017
9/27/2016quarterly$0.155.58%10/4/201610/6/201610/14/2016
6/21/2016quarterly$0.156.31%6/28/20166/30/20167/15/2016
3/25/2016quarterly$0.155.27%3/31/20164/4/20164/14/2016
3/1/2016special$0.154.3%3/8/20163/10/20163/17/2016
12/22/2015quarterly$0.103.01%12/29/201512/31/20151/15/2016
9/21/2015quarterly$0.5513.15%9/28/20159/30/201510/15/2015
6/19/2015quarterly$0.5512.07%6/26/20156/30/20157/15/2015
4/2/2015quarterly$0.5510.17%4/9/20154/13/20154/23/2015
3/12/2015special$0.0810.45%3/19/20153/23/20153/30/2015
12/15/2014quarterly$0.5510.84%12/18/201412/22/201412/31/2014
9/5/2014quarterly$0.558.58%9/11/20149/15/20149/30/2014
5/29/2014quarterly$0.456.45%6/5/20146/9/20146/23/2014
3/6/2014quarterly$0.405.32%3/13/20143/17/20143/24/2014
2/20/2014special$0.083.62%2/27/20143/3/20143/10/2014
12/2/2013quarterly$0.253.45%12/11/201312/13/201312/20/2013
9/10/2013special$0.109/17/20139/19/20139/30/2013
9/9/2013quarterly$0.109/19/20139/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Altisource Residential Corporation (NYSE:RESI)
Insider Ownership Percentage: 0.12%
Institutional Ownership Percentage: 73.38%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/17/2016David B. ReinerDirectorBuy3,500$11.57$40,495.00View SEC Filing  
11/10/2016George G. EllisonCEOBuy22,000$11.30$248,600.00View SEC Filing  
3/2/2016George G EllisonCEOBuy26,000$9.57$248,820.00View SEC Filing  
11/16/2015David B ReinerDirectorBuy7,500$12.90$96,750.00View SEC Filing  
11/11/2015George G EllisonCEOBuy37,000$13.76$509,120.00View SEC Filing  
8/14/2015George G EllisonPresidentBuy34,000$14.85$504,900.00View SEC Filing  
8/14/2015Robin N LoweCFOBuy7,000$14.48$101,360.00View SEC Filing  
5/13/2015George G EllisonPresidentBuy56,000$17.98$1,006,880.00View SEC Filing  
5/9/2014Ashish PandeyCEOBuy10,000$25.81$258,100.00View SEC Filing  
2/25/2014Salah SaabnehEVPBuy2,500$28.58$71,450.00View SEC Filing  
2/24/2014Ashish PandeyCEOBuy10,000$27.21$272,100.00View SEC Filing  
2/24/2014Kenneth NajourCFOBuy2,000$27.44$54,880.00View SEC Filing  
5/31/2013Michael A EruzioneDirectorBuy1,000$18.30$18,300.00View SEC Filing  
5/24/2013Ashish PandeyCEOBuy10,000$18.34$183,400.00View SEC Filing  
5/24/2013Salah SaabnehEVPBuy4,500$18.48$83,160.00View SEC Filing  
5/13/2013David B ReinerDirectorBuy1,000$18.94$18,940.00View SEC Filing  
5/13/2013Kenneth D NajourCFOBuy10,000$19.00$190,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Altisource Residential Corporation (NYSE:RESI)
DateHeadline
News IconAnalysts Take Aim At This Stock's Earnings Estimates: Altisource Residential Corporation (NYSE:RESI) - Aiken Advocate (NYSE:RESI)
aikenadvocate.com - February 23 at 12:41 AM
News IconAltisource Portfolio Solutions reveals CFPB probe into relationship with Ocwen (NYSE:RESI)
www.housingwire.com - February 18 at 6:35 PM
News IconTechnical Roundup On Two Stocks Altisource Residential Corporation (RESI), Extreme Networks, Inc. (EXTR) - Post Analyst (NYSE:RESI)
postanalyst.com - February 17 at 7:56 PM
News IconDividend Growth of Altisource Residential Corporation(RESI) - Highland Mirror (NYSE:RESI)
www.highlandmirror.com - February 17 at 7:56 PM
globenewswire.com logoAltisource Residential Corporation Schedules Conference Call for Fourth Quarter and Full Year 2016 Results - GlobeNewswire (press release) (NYSE:RESI)
globenewswire.com - February 17 at 7:56 PM
seekingalpha.com logoAltisource Portfolio Solutions' (ASPS) CEO Bill Shepro on Q4 2016 Results - Earnings Call Transcript (NYSE:RESI)
seekingalpha.com - February 16 at 7:10 PM
finance.yahoo.com logoAltisource Residential Corporation Schedules Conference Call for Fourth Quarter and Full Year 2016 Results (NYSE:RESI)
finance.yahoo.com - February 16 at 7:10 PM
investornewswire.com logoAltisource Residential Corporation (NYSE:RESI)'s EPS Target At $-0.14 - Investor Newswire (NYSE:RESI)
www.investornewswire.com - February 5 at 7:20 PM
reuters.com logoBRIEF-John Devaney reports 5.4 pct passive stake in Altisource Residential (NYSE:RESI)
www.reuters.com - February 2 at 11:30 PM
News Icon(NRZ) stock down despite upgrade at Compass Point (NYSE:RESI)
fairydetox.org - February 2 at 4:11 AM
News IconHere's What Willis Tower Will Look Like After $500M Renovation (NYSE:RESI)
bolsafinanzas.com - February 2 at 4:10 AM
News IconChecking the Overall Picture for New Residential Investment Corporation (NRZ) (NYSE:RESI)
itapunta.com - February 2 at 4:10 AM
News IconNew Residential Investment Corp. (NRZ) Upgraded to "Buy" by Compass Point (NYSE:RESI)
twnewsjp.com - February 2 at 4:10 AM
News IconAltisource Residential Corporation (NYSE:RESI) Upside Stock Technicals at Extreme Strength (NYSE:RESI)
jagsreport.com - February 2 at 4:10 AM
News IconConsensus Take: Altisource Residential Corporation (NYSE:RESI) Earnings & Ratings Watch - Aiken Advocate (NYSE:RESI)
aikenadvocate.com - February 1 at 11:09 PM
capitalcube.com logoAltisource Residential Corp. breached its 50 day moving average in a Bullish Manner : RESI-US : January 26, 2017 (NYSE:RESI)
www.capitalcube.com - January 27 at 2:10 AM
News IconWhat is the Sell-side Saying About Altisource Residential Corporation (NYSE:RESI)? - Aiken Advocate (NYSE:RESI)
aikenadvocate.com - January 25 at 2:21 AM
News IconWhat are Analysts Expecting for Altisource Residential Corporation (NYSE:RESI) Earnings? - Aiken Advocate (NYSE:RESI)
aikenadvocate.com - January 24 at 8:15 AM
News IconEarnings in Full Force, Analysts Take Aim at Altisource Residential Corporation (NYSE:RESI) - Wall Street Beacon (NYSE:RESI)
wsbeacon.com - January 24 at 8:15 AM
News IconAltisource Residential Corporation (NYSE:RESI) Valuation ... - UK Market News (NYSE:RESI)
www.ukmarketnews.co.uk - January 21 at 7:15 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on Altisource Residential Corporation (NYSE:RESI) - Wall Street Beacon (NYSE:RESI)
wsbeacon.com - January 21 at 3:44 AM
News IconSell-side is Weighing in on Altisource Residential Corporation (NYSE:RESI) Earnings - Aiken Advocate (NYSE:RESI)
aikenadvocate.com - January 16 at 6:46 PM
News IconWill The Needle Move For Altisource Residential Corporation (NYSE:RESI) Shares This Earnings Season? - Wall Street Beacon (NYSE:RESI)
wsbeacon.com - January 16 at 6:46 PM
News IconTracking Corporate Insiders: What Are They Doing With Altisource Residential Corporation (NYSE:RESI) - Wall Street Beacon (NYSE:RESI)
wsbeacon.com - January 16 at 6:46 PM
nasdaq.com logoNoteworthy Thursday Option Activity: AMBA, DECK, RESI (NYSE:RESI)
www.nasdaq.com - January 12 at 8:10 PM
News IconReal estate company alleges customers owe $2,700 (NYSE:RESI)
louisianarecord.com - January 11 at 8:17 PM
capitalcube.com logoAltisource Residential Corp. breached its 50 day moving average in a Bearish Manner : RESI-US : January 10, 2017 (NYSE:RESI)
www.capitalcube.com - January 10 at 9:24 PM
stocksdaily.net logoAltisource Residential Corporation (NYSE:RESI) Analysts EPS Target At $-0.55 - Stocks Daily (NYSE:RESI)
www.stocksdaily.net - January 6 at 1:28 AM
finance.yahoo.com logoWeakness Seen in Altisource Residential (RESI) Estimates: Should You Stay Away? (NYSE:RESI)
finance.yahoo.com - January 3 at 9:58 AM
capitalcube.com logoAltisource Residential Corp. breached its 50 day moving average in a Bearish Manner : RESI-US : December 30, 2016 (NYSE:RESI)
www.capitalcube.com - December 30 at 8:44 AM
nasdaq.com logoAltisource Residential Corporation (RESI) Ex-Dividend Date Scheduled for December 28, 2016 - Nasdaq (NYSE:RESI)
www.nasdaq.com - December 28 at 6:02 AM
News IconResidential segment continued to reel under the pressure of inventory overhang: Wadhwa Group (NYSE:RESI)
www.indiainfoline.com - December 22 at 2:19 AM
marketexclusive.com logoALTISOURCE RESIDENTIAL CORPORATION (NASDAQ:RESI) Files An 8-K Other Events (NYSE:RESI)
marketexclusive.com - December 21 at 12:15 AM
globenewswire.com logoAltisource Residential Corporation Announces Quarterly Cash ... - GlobeNewswire (press release) (NYSE:RESI)
globenewswire.com - December 20 at 7:12 PM
biz.yahoo.com logoALTISOURCE RESIDENTIAL CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:RESI)
biz.yahoo.com - December 20 at 7:12 PM
publicnow.com logoAltisource Residential Corporation Announces Quarterly Cash Dividend (NYSE:RESI)
www.publicnow.com - December 20 at 7:12 PM
stocksdaily.net logoCan Altisource Residential Corporation (NYSE:RESI) Meet Analysts EPS Target Of $-0.55? - Stocks Daily (NYSE:RESI)
www.stocksdaily.net - December 20 at 2:10 PM
biz.yahoo.com logoALTISOURCE RESIDENTIAL CORP Files SEC form 8-K/A, Financial Statements and Exhibits (NYSE:RESI)
biz.yahoo.com - December 14 at 9:39 PM
marketexclusive.com logoALTISOURCE RESIDENTIAL CORPORATION (NASDAQ:RESI) Files An 8-K Departure of Directors or Certain Officers ... - Market Exclusive (NYSE:RESI)
marketexclusive.com - December 13 at 8:29 AM
biz.yahoo.com logoALTISOURCE RESIDENTIAL CORP Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:RESI)
biz.yahoo.com - December 9 at 7:26 PM
reuters.com logoBRIEF-Altisource Residential says amended and extended terms of repurchase facility- SEC Filing (NYSE:RESI)
www.reuters.com - November 23 at 7:25 PM
capitalcube.com logoETFs with exposure to Altisource Residential Corp. : November 23, 2016 (NYSE:RESI)
www.capitalcube.com - November 23 at 7:25 PM
biz.yahoo.com logoALTISOURCE RESIDENTIAL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material (NYSE:RESI)
biz.yahoo.com - November 23 at 7:25 PM
News IconAnalysts Take the Wheel on Altisource Residential Corporation (NYSE:RESI) Shares and Where They Might Be Headed - CSZ News (NYSE:RESI)
cincysportszone.com - November 21 at 12:28 PM
capitalcube.com logoAltisource Residential Corp. :RESI-US: Earnings Analysis: Q3, 2016 By the Numbers : November 21, 2016 (NYSE:RESI)
www.capitalcube.com - November 21 at 12:28 PM
News IconStock Update on Earnings & Estimates for Altisource Residential Corporation (NYSE:RESI) - CSZ News (NYSE:RESI)
cincysportszone.com - November 15 at 7:43 PM
marketnewsvideo.com logoMonday 11/14 Insider Buying Report: RESI, REV (NYSE:RESI)
www.marketnewsvideo.com - November 15 at 10:50 AM
stocksdaily.net logoAnalysts Have EPS Target Of $-0.8 For Altisource Residential Corporation (NYSE:RESI) - Stocks Daily (NYSE:RESI)
www.stocksdaily.net - November 10 at 7:02 PM
capitalcube.com logoETF’s with exposure to Altisource Residential Corp. : November 9, 2016 (NYSE:RESI)
www.capitalcube.com - November 9 at 7:07 PM
biz.yahoo.com logoAltisource Residential Corp Earnings Call (Q3 2016) (NYSE:RESI)
biz.yahoo.com - November 8 at 10:42 AM

Social

What is Altisource Residential Corporation's stock symbol?

Altisource Residential Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "RESI."

How often does Altisource Residential Corporation pay dividends? What is the dividend yield for Altisource Residential Corporation?

Altisource Residential Corporation declared a quarterly dividend on Wednesday, December 21st. Stockholders of record on Friday, December 30th will be given a dividend of $0.15 per share on Friday, January 13th. This represents a $0.60 annualized dividend and a dividend yield of 4.64%. The ex-dividend date of this dividend is Wednesday, December 28th.

Where is Altisource Residential Corporation's stock going? Where will Altisource Residential Corporation's stock price be in 2017?

7 brokerages have issued 12 month target prices for Altisource Residential Corporation's stock. Their predictions range from $11.00 to $18.50. On average, they anticipate Altisource Residential Corporation's share price to reach $14.70 in the next year.

When will Altisource Residential Corporation announce their earnings?

Altisource Residential Corporation is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

Who owns Altisource Residential Corporation stock?

Altisource Residential Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Putnam Investments LLC (14.76%), FMR LLC (13.79%), State Street Corp (2.06%), Luxor Capital Group LP (1.16%), Renaissance Technologies LLC (0.84%) and Pyrrho Capital Management LP (0.22%). Company insiders that own Altisource Residential Corporation stock include David B Reiner, George G Ellison and Robin N Lowe.

Who sold Altisource Residential Corporation stock? Who is selling Altisource Residential Corporation stock?

Altisource Residential Corporation's stock was sold by a variety of institutional investors in the last quarter, including Luxor Capital Group LP, Dynamic Technology Lab Private Ltd and Metropolitan Life Insurance Co. NY.

Who bought Altisource Residential Corporation stock? Who is buying Altisource Residential Corporation stock?

Altisource Residential Corporation's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, A.R.T. Advisors LLC, State Street Corp, Tudor Investment Corp Et Al and GSA Capital Partners LLP. Company insiders that have bought Altisource Residential Corporation stock in the last two years include David B Reiner, George G Ellison and Robin N Lowe.

How do I buy Altisource Residential Corporation stock?

Shares of Altisource Residential Corporation 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 Altisource Residential Corporation stock cost?

One share of Altisource Residential Corporation stock can currently be purchased for approximately $12.92.

Altisource Residential Corporation (NYSE:RESI) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Altisource Residential Corporation (NYSE:RESI)

Earnings History Chart

Earnings by Quarter for Altisource Residential Corporation (NYSE:RESI)

Dividend History Chart

Dividend Payments by Quarter for Altisource Residential Corporation (NYSE:RESI)

Last Updated on 2/24/2017 by MarketBeat.com Staff