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
Stock Exchange NYSE
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-11.65
Forward P/E Ratio29.47
P/E GrowthN/A
Sales & Book Value
Annual Sales$43.71 million
Price / Sales7.26
Cash FlowN/A
Price / CashN/A
Book Value$17.38 per share
Price / Book0.58
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
Market Cap$315.87 million
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. Investors 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 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 quarterly earnings data on Wednesday, November, 1st. The real estate investment trust reported ($0.36) EPS for the quarter, missing the Zacks' consensus estimate of ($0.07) by $0.29. The real estate investment trust earned $10.30 million during the quarter, compared to analyst estimates of $9.34 million. Resource Capital had a net margin of 57.71% and a negative return on equity of 4.13%. Resource Capital's revenue for the quarter was down 28.0% on a year-over-year basis. View Resource Capital's Earnings History.
What is the consensus analysts' recommendation for Resource Capital?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Resource Capital in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Resource Capital.
Who are some of Resource Capital's key competitors?
Some companies that are related to Resource Capital include Saul Centers (BFS), TIER REIT (TIER), PennyMac Mortgage Investment Trust (PMT), CYRELA BRAZIL R/S (CYRBY), TPG RE Finance Trust (TRTX), CYS INVESTMENTS/SH SH (CYS), Hannon Armstrong Sustnbl Infrstr Cap (HASI), KKR Real Estate Finance Trust (KREF), Ramco-Gershenson Properties Trust (RPT), ARMOUR Residential REIT (ARR), Chatham Lodging Trust (CLDT), Universal Health Realty Income Trust (UHT), InfraREIT (HIFR), Easterly Government Properties (DEA) and MTGE Investment (MTGE).
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?
News headlines about RSO stock have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Resource Capital earned a media and rumor sentiment score of 0.19 on Accern's scale. They also assigned media coverage about the real estate investment trust an impact score of 45.43 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines 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 $10.02.
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 (NYSE 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.
