NYSE:SLD - Sutherland Asset Management Stock Price, News, & Analysis

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$16.70 -0.05 (-0.30 %)
(As of 08/19/2018 04:00 PM ET)
Previous Close$16.70
Today's Range$16.60 - $16.80
52-Week Range$13.55 - $16.80
Volume35,953 shs
Average Volume57,148 shs
Market Capitalization$525.65 million
P/E Ratio11.76
Dividend Yield9.67%
Beta0.67
Sutherland Asset Management logoSutherland Asset Management Corporation operates as a real estate finance company. The company acquires, originates, manages, services, and finances small balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, and mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through four segments: Loan Acquisitions; SBC Originations; SBA Originations, Acquisitions and Servicing; and Residential Mortgage Banking. The Loan Acquisitions segment acquires performing and non-performing SBC loans. The SBC Originations segment originates SBC loans secured by stabilized or transitional investor properties using various loan origination channels; and originates and services multi-family loan products. The SBA Originations, Acquisitions and Servicing segment acquires, originates, and services owner-occupied loans guaranteed by the SBA. The Residential Mortgage Banking segment originates residential mortgage loans through retail, correspondent, and broker channels. The company qualifies as a REIT for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Sutherland Asset Management Corporation was founded in 2007 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
SymbolNYSE:SLD
CUSIP98886K10
Phone212-257-4600

Debt

Debt-to-Equity Ratio0.60
Current Ratio1.95
Quick Ratio1.95

Price-To-Earnings

Trailing P/E Ratio11.76
Forward P/E Ratio9.82
P/E GrowthN/A

Sales & Book Value

Annual Sales$138.30 million
Price / Sales3.87
Cash Flow$1.8806 per share
Price / Cash8.88
Book Value$17.36 per share
Price / Book0.96

Profitability

EPS (Most Recent Fiscal Year)$1.42
Net Income$43.29 million
Net Margins33.24%
Return on Equity9.68%
Return on Assets2.07%

Miscellaneous

EmployeesN/A
Outstanding Shares32,050,000
Market Cap$525.65 million

Sutherland Asset Management (NYSE:SLD) Frequently Asked Questions

What is Sutherland Asset Management's stock symbol?

Sutherland Asset Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "SLD."

How often does Sutherland Asset Management pay dividends? What is the dividend yield for Sutherland Asset Management?

Sutherland Asset Management declared a quarterly dividend on Tuesday, June 12th. Stockholders of record on Friday, June 29th will be paid a dividend of $0.40 per share on Tuesday, July 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 9.58%. The ex-dividend date is Thursday, June 28th. This is a positive change from Sutherland Asset Management's previous quarterly dividend of $0.37. View Sutherland Asset Management's Dividend History.

How were Sutherland Asset Management's earnings last quarter?

Sutherland Asset Management Corp (NYSE:SLD) posted its quarterly earnings data on Tuesday, August, 7th. The real estate investment trust reported $0.47 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.07. The real estate investment trust had revenue of $35.17 million for the quarter, compared to the consensus estimate of $16.97 million. Sutherland Asset Management had a return on equity of 9.68% and a net margin of 33.24%. View Sutherland Asset Management's Earnings History.

When is Sutherland Asset Management's next earnings date?

Sutherland Asset Management is scheduled to release their next quarterly earnings announcement on Wednesday, November, 14th 2018. View Earnings Estimates for Sutherland Asset Management.

What price target have analysts set for SLD?

6 brokers have issued 12 month price targets for Sutherland Asset Management's shares. Their forecasts range from $16.00 to $18.00. On average, they anticipate Sutherland Asset Management's stock price to reach $17.30 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for Sutherland Asset Management.

What is the consensus analysts' recommendation for Sutherland Asset Management?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sutherland Asset Management in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sutherland Asset Management.

Who are some of Sutherland Asset Management's key competitors?

Who are Sutherland Asset Management's key executives?

Sutherland Asset Management's management team includes the folowing people:
  • Mr. Frederick C. Herbst, CFO & Sec. (Age 61)
  • Ms. Carole A. Mortensen, Chief Operating Officer (Age 47)
  • Mr. Thomas Edward Capasse, Chairman & CEO (Age 61)
  • Mr. Jack Jay Ross CPA, Pres & Director (Age 61)
  • Mr. Thomas Buttacavoli, Chief Investment Officer (Age 41)

When did Sutherland Asset Management IPO?

(SLD) raised $126 million in an initial public offering on Friday, January 16th 2015. The company issued 8,100,000 shares at $15.00-$16.00 per share. J.P. Morgan, Morgan Stanley and FBR served as the underwriters for the IPO and Citigroup, Keefe, Bruyette & Woods (A Stifel Company), JMP Securities and Ladenburg Thalmann were co-managers.

Has Sutherland Asset Management been receiving favorable news coverage?

Press coverage about SLD stock has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sutherland Asset Management earned a news impact score of 0.18 on Accern's scale. They also assigned news articles about the real estate investment trust an impact score of 47.08 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Sutherland Asset Management.

Who are Sutherland Asset Management's major shareholders?

Sutherland Asset Management's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.59%), Raymond James & Associates (2.18%), TCW Group Inc. (1.66%), Renaissance Technologies LLC (0.46%), Millennium Management LLC (0.38%) and Citadel Advisors LLC (0.17%). Company insiders that own Sutherland Asset Management stock include Frederick C Herbst, J Mitchell Reese, Jack J Ross, Thomas E Capasse and Todd M Sinai. View Institutional Ownership Trends for Sutherland Asset Management.

Which major investors are selling Sutherland Asset Management stock?

SLD stock was sold by a variety of institutional investors in the last quarter, including Raymond James & Associates, Virginia Retirement Systems ET AL and BB&T Securities LLC. View Insider Buying and Selling for Sutherland Asset Management.

Which major investors are buying Sutherland Asset Management stock?

SLD stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, TCW Group Inc., Citadel Advisors LLC, Acadian Asset Management LLC, Millennium Management LLC, Martingale Asset Management L P and Hartford Investment Management Co.. Company insiders that have bought Sutherland Asset Management stock in the last two years include Frederick C Herbst, J Mitchell Reese, Jack J Ross, Thomas E Capasse and Todd M Sinai. View Insider Buying and Selling for Sutherland Asset Management.

How do I buy shares of Sutherland Asset Management?

Shares of SLD 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 Sutherland Asset Management's stock price today?

One share of SLD stock can currently be purchased for approximately $16.70.

How big of a company is Sutherland Asset Management?

Sutherland Asset Management has a market capitalization of $525.65 million and generates $138.30 million in revenue each year. The real estate investment trust earns $43.29 million in net income (profit) each year or $1.42 on an earnings per share basis.

How can I contact Sutherland Asset Management?

Sutherland Asset Management's mailing address is 1140 AVENUE OF THE AMERICAS 7TH FLOOR, NEW YORK NY, 10036. The real estate investment trust can be reached via phone at 212-257-4600.


MarketBeat Community Rating for Sutherland Asset Management (NYSE SLD)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  173 (Vote Outperform)
Underperform Votes:  168 (Vote Underperform)
Total Votes:  341
MarketBeat's community ratings are surveys of what our community members think about Sutherland Asset Management and other stocks. Vote "Outperform" if you believe SLD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SLD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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