NYSE:RESI - Front Yard Residential Stock Price, Price Target & More

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

Front Yard Residential announced a quarterly dividend on Wednesday, June 20th. Shareholders of record on Friday, June 29th will be given a dividend of $0.15 per share on Friday, July 13th. This represents a $0.60 annualized dividend and a yield of 5.51%. The ex-dividend date of this dividend is Thursday, June 28th. View Front Yard Residential's Dividend History.

Front Yard Residential Corp (NYSE:RESI) posted its earnings results on Tuesday, May, 8th. The real estate investment trust reported ($0.51) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.49) by $0.02. The real estate investment trust earned $39.77 million during the quarter, compared to analysts' expectations of $33.78 million. Front Yard Residential had a negative return on equity of 24.38% and a negative net margin of 156.26%. View Front Yard Residential's Earnings History.

Front Yard Residential is scheduled to release their next quarterly earnings announcement on Tuesday, August, 14th 2018. View Earnings Estimates for Front Yard Residential.

2 brokers have issued twelve-month target prices for Front Yard Residential's stock. Their forecasts range from $15.00 to $17.00. On average, they expect Front Yard Residential's share price to reach $16.00 in the next twelve months. This suggests a possible upside of 47.1% from the stock's current price. View Analyst Ratings for Front Yard Residential.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Front Yard Residential in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Front Yard Residential saw a decrease in short interest in June. As of June 29th, there was short interest totalling 1,171,286 shares, a decrease of 60.6% from the June 15th total of 2,971,586 shares. Based on an average daily trading volume, of 574,729 shares, the days-to-cover ratio is presently 2.0 days. Currently, 2.4% of the company's stock are short sold. View Front Yard Residential's Current Options Chain.

Some companies that are related to Front Yard Residential include Yangtze River Port and Logistics (YRIV), Terreno Realty (TRNO), Five Point (FPH), Gazit Globe (GZT), Seritage Growth Properties Class A (SRG), Government Properties Income Trust (GOV), Getty Realty (GTY), Forestar Group (FOR), BBX Capital Corp Class A (BBX), HomeFed (HOFD), Cresud S.A.C.I.F. y A. (CRESY), Armada Hoffler Properties (AHH), FRP (FRPH), Tejon Ranch (TRC) and Ellington Financial (EFC).

News headlines about RESI stock have been trending somewhat positive on Friday, Accern reports. The research group scores the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Front Yard Residential earned a daily sentiment score of 0.11 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 45.43 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Front Yard Residential's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.89%) and Fox Run Management L.L.C. (0.04%). Company insiders that own Front Yard Residential stock include David B Reiner and George G Ellison. View Institutional Ownership Trends for Front Yard Residential.

RESI stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC and Fox Run Management L.L.C.. Company insiders that have bought Front Yard Residential stock in the last two years include David B Reiner and George G Ellison. View Insider Buying and Selling for Front Yard Residential.

Shares of RESI 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.

One share of RESI stock can currently be purchased for approximately $10.88.

Front Yard Residential has a market capitalization of $568.62 million and generates $94.17 million in revenue each year.

Front Yard Residential's mailing address is 5100 TAMARIND REEF, CHRISTIANSTED VI, 00820. The real estate investment trust can be reached via phone at 340-692-1055.