Resource Capital Corp. (RSO) Can’t Burn Your Long Portfolio. Has Another Strong Session

March 14, 2018 - By Henry Gaston

The stock of Resource Capital Corp. (NYSE:RSO) is a huge mover today! The stock increased 6.01% or $0.54 during the last trading session, reaching $9.52. About 673,873 shares traded or 204.90% up from the average. Resource Capital Corp. (NYSE:RSO) has declined 23.76% since March 14, 2017 and is downtrending. It has underperformed by 40.46% the S&P500.
The move comes after 8 months positive chart setup for the $293.99M company. It was reported on Mar, 14 by We have $10.38 PT which if reached, will make NYSE:RSO worth $26.46M more.

Resource Capital Corp. (NYSE:RSO) Ratings Coverage

Among 5 analysts covering Resource Capital Corp (NYSE:RSO), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. Resource Capital Corp had 15 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Tuesday, March 29 by Deutsche Bank. Wood maintained Resource Capital Corp. (NYSE:RSO) rating on Wednesday, September 2. Wood has “Market Perform” rating and $14 target. As per Tuesday, August 8, the company rating was maintained by FBR Capital. The company was maintained on Wednesday, September 2 by Deutsche Bank. FBR Capital initiated the shares of RSO in report on Thursday, December 17 with “Outperform” rating. As per Friday, August 19, the company rating was upgraded by JMP Securities. The firm has “Market Perform” rating by JMP Securities given on Wednesday, March 9. On Friday, November 18 the stock rating was downgraded by JMP Securities to “Mkt Underperform”. The company was maintained on Monday, August 10 by Deutsche Bank. FBR Capital downgraded the stock to “Mkt Perform” rating in Tuesday, November 15 report.

More notable recent Resource Capital Corp. (NYSE:RSO) news were published by: which released: “Form 4 Resource Capital Corp. For: Mar 12 Filed by: BRYANT DAVID J” on March 13, 2018, also with their article: “Resource Capital: A Quick Trade To Boost Yields On Idle Cash” published on March 08, 2018, published: “Resource Capital’s (RSO) CEO Bob Lieber on Q4 2017 Results – Earnings Call …” on March 08, 2018. More interesting news about Resource Capital Corp. (NYSE:RSO) were released by: and their article: “Resource Capital Corp. Announces Full Redemption of its Outstanding 8.25 …” published on February 21, 2018 as well as‘s news article titled: “Resource Capital Corp. to Report Operating Results for Fourth Quarter and …” with publication date: February 22, 2018.

Resource Capital Corp., a real estate investment trust, primarily focuses on the origination, holding, and management of commercial mortgage loans and other commercial real estate-related debt investments in the United States. The company has market cap of $293.99 million. It invests in commercial real estate-related assets, such as first mortgage loans, first priority interests in first mortgage real estate loans, subordinate interests in first mortgage real estate loans, mezzanine debt, commercial mortgage-backed securities, commercial real estate; and residential real estate-related assets, including residential mortgage loans and mortgaged-backed securities. It has a 35.92 P/E ratio. The firm is also involved in the investment of commercial finance assets comprising middle-market secured corporate loans and preferred equity investments, asset-backed securities, debt tranches of collateralized debt and loan obligations, structured note investments, senior secured corporate loans, and preferred equity investment in a commercial leasing enterprise.

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