Resource Capital (RSO) : The consensus on Resource Capital (RSO) based on 4 analyst recommendation on the company stock is 2.5, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Resource Capital (RSO) : Average target price received by Resource Capital (RSO) is $13.25 with an expected standard deviation of $0.35. The most aggressive target on the stock is $14, whereas the most downbeat target is $13. 2 financial analysts are currently covering the stock.
Resource Capital (NYSE:RSO): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.45 and $12.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.50, notching a gain of 0.64% for the day. The total traded volume was 146,319 . The stock had closed at $12.42 on the previous day.
The company shares have dropped -19.56% from its 1 Year high price. On Jul 8, 2015, the shares registered one year high at $15.76 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $12.73 and the 200 Day Moving Average price is recorded at $11.63.
Resource Capital Corp. is a real estate finance Company. The Company invests in asset classes, which include commercial real estate-related assets, residential real estate-related assets and commercial finance assets. Its commercial real estate-related assets include loans, interests in mortgage loans, Mezzanine debt related to commercial real estate, commercial mortgage-backed securities, and commercial real estate. Its residential real estate-related assets include residential mortgage loans and securities. Its commercial finance assets include senior secured corporate loans, asset-backed securities, debt tranches of collateralized debt obligations and collateralized loan obligations, structured note investments, middle-market secured corporate loans and preferred equity investments. The Company is externally managed by Resource Capital Manager, Inc., or the Manager, an indirect wholly-owned subsidiary of Resource America, Inc.