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NYSE:RESIFront Yard Residential Stock Price, Forecast & News

$7.50
-0.09 (-1.19 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$7.16
Now: $7.50
$7.60
50-Day Range
$6.05
MA: $9.46
$12.32
52-Week Range
$6.01
Now: $7.50
$13.28
Volume921,593 shs
Average Volume2.20 million shs
Market Capitalization$405.83 million
P/E RatioN/A
Dividend Yield7.91%
Beta0.66
Front Yard is an industry leader in providing quality, affordable rental homes to America's families. Our homes offer exceptional value in a variety of suburban communities that have easy accessibility to metropolitan areas. Front Yard's tenants enjoy the space and comfort that is unique to single-family housing at reasonable prices. Our mission is to provide our tenants with houses they are proud to call home.
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Front Yard Residential logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.23 out of 5 stars


Industry, Sector and Symbol

Industry Real estate
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone340-692-0525

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$207.01 million
Book Value$5.75 per share

Profitability

Net Income$-105,390,000.00

Miscellaneous

Employees140
Market Cap$405.83 million
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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Front Yard Residential (NYSE:RESI) Frequently Asked Questions

How has Front Yard Residential's stock been impacted by COVID-19 (Coronavirus)?

Front Yard Residential's stock was trading at $12.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RESI stock has decreased by 39.4% and is now trading at $7.50. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Front Yard Residential?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Front Yard Residential in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Front Yard Residential.

When is Front Yard Residential's next earnings date?

Front Yard Residential is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Front Yard Residential.

How were Front Yard Residential's earnings last quarter?

Front Yard Residential Corp (NYSE:RESI) issued its quarterly earnings results on Monday, May, 4th. The real estate investment trust reported ($0.37) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.38) by $0.01. The real estate investment trust earned $54.33 million during the quarter. Front Yard Residential had a negative net margin of 27.34% and a negative return on equity of 16.10%. View Front Yard Residential's earnings history.

How often does Front Yard Residential pay dividends? What is the dividend yield for Front Yard Residential?

Front Yard Residential announced a quarterly dividend on Wednesday, January 8th. Investors of record on Tuesday, January 21st will be given a dividend of $0.15 per share on Tuesday, January 28th. This represents a $0.60 annualized dividend and a dividend yield of 8.00%. The ex-dividend date of this dividend is Friday, January 17th. View Front Yard Residential's dividend history.

What price target have analysts set for RESI?

3 equities research analysts have issued 1 year target prices for Front Yard Residential's stock. Their forecasts range from $11.00 to $15.00. On average, they anticipate Front Yard Residential's stock price to reach $13.00 in the next year. This suggests a possible upside of 73.3% from the stock's current price. View analysts' price targets for Front Yard Residential.

Has Front Yard Residential been receiving favorable news coverage?

Media coverage about RESI stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Front Yard Residential earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutFront Yard Residential.

Are investors shorting Front Yard Residential?

Front Yard Residential saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,350,000 shares, an increase of 44.2% from the April 30th total of 1,630,000 shares. Based on an average daily trading volume, of 1,310,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 4.5% of the company's shares are sold short. View Front Yard Residential's Current Options Chain.

Who are some of Front Yard Residential's key competitors?

What other stocks do shareholders of Front Yard Residential own?

Who are Front Yard Residential's key executives?

Front Yard Residential's management team includes the following people:
  • Mr. George G. Ellison, CEO & Director (Age 61)
  • Mr. Robin Neil Lowe C.A., Chief Financial Officer (Age 54)
  • Mr. Stephen H. Gray Esq., Chief Admin. Officer & Sr. Counsel (Age 48)
  • Mr. Michael Graham Lubin, Gen. Counsel & Corp. Sec. (Age 43)
  • Alysia Cherry, Head of Investor Relations

What is Front Yard Residential's stock symbol?

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

Who are Front Yard Residential's major shareholders?

Front Yard Residential's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.34%), ARP Americas LP (5.45%), Pentwater Capital Management LP (3.37%), State Street Corp (3.14%), CNH Partners LLC (2.07%) and Water Island Capital LLC (1.95%). Company insiders that own Front Yard Residential stock include Deer Park Road Management Comp, George G Ellison, George Whitfield Mcdowell, Michael Graham Lubin, Rene Dittrich, Robin N Lowe and Rochelle R Dobbs. View institutional ownership trends for Front Yard Residential.

Which institutional investors are selling Front Yard Residential stock?

RESI stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, JPMorgan Chase & Co., Balyasny Asset Management LLC, BlackRock Inc., Invesco Ltd., State Board of Administration of Florida Retirement System, and UBS Group AG. View insider buying and selling activity for Front Yard Residential.

Which institutional investors are buying Front Yard Residential stock?

RESI stock was bought by a variety of institutional investors in the last quarter, including ARP Americas LP, Pentwater Capital Management LP, CNH Partners LLC, Water Island Capital LLC, Alberta Investment Management Corp, Dupont Capital Management Corp, GABELLI & Co INVESTMENT ADVISERS INC., and Gabelli Funds LLC. Company insiders that have bought Front Yard Residential stock in the last two years include Deer Park Road Management Comp, George G Ellison, George Whitfield Mcdowell, Michael Graham Lubin, Rene Dittrich, Robin N Lowe, and Rochelle R Dobbs. View insider buying and selling activity for Front Yard Residential.

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Front Yard Residential's stock price today?

One share of RESI stock can currently be purchased for approximately $7.50.

How big of a company is Front Yard Residential?

Front Yard Residential has a market capitalization of $405.83 million and generates $207.01 million in revenue each year. Front Yard Residential employs 140 workers across the globe.

What is Front Yard Residential's official website?

The official website for Front Yard Residential is www.frontyardresidential.com.

How can I contact Front Yard Residential?

Front Yard Residential's mailing address is 5100 TAMARIND REEF, CHRISTIANSTED VI, 00820. The real estate investment trust can be reached via phone at 340-692-0525 or via email at [email protected]

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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