Resource Capital Corp., a real estate investment trust, primarily focuses on the origination, holding, and management of commercial mortgage loans and commercial real estate-related debt investments in the United States. It invests in commercial real estate-related assets, such as first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine debt, and commercial mortgage-backed securities. The company is also involved in the investment of commercial finance assets, including asset-backed securities, debt tranches of collateralized debt and loan obligations, structured note investments, syndicated corporate loans, and preferred equity investment in a commercial leasing enterprise. It qualifies as a real estate investment trust (REIT) for federal income tax purposes. The company generally would not be subject to federal corporate income tax to the extent that it distributes 100% of its REIT taxable income. Resource Capital Corp. was founded in 2005 and is based in New York, New York.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
SymbolNYSE:RSO
CUSIP76120W30
Phone212-506-3899
Debt
Debt-to-Equity Ratio2.22
Current Ratio130.99
Quick Ratio130.99
Price-To-Earnings
Trailing P/E Ratio-11.60
Forward P/E Ratio29.35
P/E GrowthN/A
Sales & Book Value
Annual Sales$43.71 million
Price / Sales7.23
Cash FlowN/A
Price / CashN/A
Book Value$17.38 per share
Price / Book0.57
Profitability
EPS (Most Recent Fiscal Year)($0.86)
Net Income$33.53 million
Net Margins57.71%
Return on Equity-4.13%
Return on Assets-1.45%
Miscellaneous
EmployeesN/A
Outstanding Shares31,650,000
Resource Capital (NYSE:RSO) Frequently Asked Questions
What is Resource Capital's stock symbol?
Resource Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "RSO."
How often does Resource Capital pay dividends? What is the dividend yield for Resource Capital?
Resource Capital announced a quarterly dividend on Wednesday, March 21st. Stockholders of record on Friday, March 30th will be paid a dividend of $0.05 per share on Friday, April 27th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend is Wednesday, March 28th. View Resource Capital's Dividend History.
How were Resource Capital's earnings last quarter?
Resource Capital Corp. (NYSE:RSO) issued its earnings results on Wednesday, November, 1st. The real estate investment trust reported ($0.36) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by $0.29. The real estate investment trust earned $10.30 million during the quarter, compared to the consensus estimate of $9.34 million. Resource Capital had a negative return on equity of 4.13% and a net margin of 57.71%. The company's quarterly revenue was down 28.0% compared to the same quarter last year. View Resource Capital's Earnings History.
When is Resource Capital's next earnings date?
What price target have analysts set for RSO?
3 equities research analysts have issued 12-month target prices for Resource Capital's shares. Their predictions range from $11.50 to $11.50. On average, they anticipate Resource Capital's stock price to reach $11.50 in the next year. View Analyst Ratings for Resource Capital.
Who are some of Resource Capital's key competitors?
Some companies that are related to Resource Capital include Monmouth R.E. Inv. Corp. Class A (MNR), Redwood Trust (RWT), TPG RE Finance Trust (TRTX), Saul Centers (BFS), CYS INVESTMENTS/SH SH (CYS), PennyMac Mortgage Investment Trust (PMT), TIER REIT (TIER), CYRELA BRAZIL R/S (CYRBY), KKR Real Estate Finance Trust (KREF), CBL & Associates Properties (CBL), Ramco-Gershenson Properties Trust (RPT), Hannon Armstrong Sustnbl Infrstr Cap (HASI), ARMOUR Residential REIT (ARR), Chatham Lodging Trust (CLDT) and InfraREIT (HIFR).
Who are Resource Capital's key executives?
Resource Capital's management team includes the folowing people:
- Mr. Robert C. Lieber, Chief Exec. Officer (Age 64)
- Mr. David J. Bryant, Chief Financial Officer, Sr. VP and Treasurer (Age 60)
- Mr. Thomas C. Elliott, Exec. VP of Fin. & Operations (Age 45)
- Mr. Eldron C. Blackwell, Chief Accounting Officer and VP (Age 39)
- Mr. David E. Bloom, Sr. VP (Age 53)
Has Resource Capital been receiving favorable news coverage?
Press coverage about RSO stock has been trending somewhat positive recently, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Resource Capital earned a media sentiment score of 0.16 on Accern's scale. They also assigned news articles about the real estate investment trust an impact score of 45.40 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Resource Capital's major shareholders?
Resource Capital's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.70%), Vivaldi Asset Management LLC (3.65%), Forward Management LLC (2.98%), Ancora Advisors LLC (1.93%), Schwab Charles Investment Management Inc. (1.07%) and California Public Employees Retirement System (0.59%). Company insiders that own Resource Capital stock include David E Bloom, David J Bryant, Eldron C Blackwell, Jeffrey P Cohen, Matthew J Stern, Michele R Weisbaum, Robert C Lieber, Stephanie H Wiggins and William B Hart. View Institutional Ownership Trends for Resource Capital.
Which institutional investors are selling Resource Capital stock?
RSO stock was sold by a variety of institutional investors in the last quarter, including Vivaldi Asset Management LLC, Forward Management LLC, BlackRock Inc., California Public Employees Retirement System, Millennium Management LLC and Prudential Financial Inc.. View Insider Buying and Selling for Resource Capital.
Which institutional investors are buying Resource Capital stock?
RSO stock was acquired by a variety of institutional investors in the last quarter, including Ancora Advisors LLC, Systematic Financial Management LP, American International Group Inc., Virginia Retirement Systems ET AL, Schwab Charles Investment Management Inc., Cubist Systematic Strategies LLC, Dynamic Technology Lab Private Ltd and Jane Street Group LLC. Company insiders that have bought Resource Capital stock in the last two years include David E Bloom, David J Bryant, Eldron C Blackwell, Jeffrey P Cohen, Matthew J Stern, Michele R Weisbaum, Robert C Lieber and William B Hart. View Insider Buying and Selling for Resource Capital.
How do I buy shares of Resource Capital?
Shares of RSO 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 Capital's stock price today?
One share of RSO stock can currently be purchased for approximately $9.98.
How big of a company is Resource Capital?
Resource Capital has a market capitalization of $315.87 million and generates $43.71 million in revenue each year. The real estate investment trust earns $33.53 million in net income (profit) each year or ($0.86) on an earnings per share basis.
How can I contact Resource Capital?
Resource Capital's mailing address is 712 FIFTH AVENUE 12TH FLOOR, NEW YORK NY, 10022. The real estate investment trust can be reached via phone at 212-506-3899 or via email at [email protected]
MarketBeat Community Rating for Resource Capital (RSO)
MarketBeat's community ratings are surveys of what our community members think about Resource Capital and other stocks. Vote "Outperform" if you believe RSO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RSO will underperform the S&P 500 over the long term. You may vote once every thirty days.
