Resource Capital (RSO) : The consensus on Resource Capital (RSO) based on 4 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Resource Capital (RSO) : Currently there are 4 street experts covering Resource Capital (RSO) stock. The most bullish and bearish price target for the stock is $14 and $11 respectively for the short term. The average price target of all the analysts comes to $12.81. The estimated standard deviation from the target is $1.28.
Shares of Resource Capital Corp. rose by 5.27% in the last five trading days and 0.3% for the last 4 weeks. Resource Capital Corp. is up 7.9% in the last 3-month period. Year-to-Date the stock performance stands at 4.86%. Resource Capital (NYSE:RSO): stock turned positive on Tuesday. Though the stock opened at $13.17, the bulls momentum made the stock top out at $13.48 level for the day. The stock recorded a low of $13.17 and closed the trading day at $13.38, in the green by 1.67%. The total traded volume for the day was 121,093. The stock had closed at $13.16 in the previous days trading.
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.