Could Resource Capital Corp. (RSO) See a Reversal After This Very Strong Session?

March 14, 2018 - By Vivian Currie

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. FBR Capital initiated the shares of RSO in report on Thursday, December 17 with “Outperform” rating. Deutsche Bank maintained the stock with “” rating in Tuesday, March 29 report. On Tuesday, August 8 the stock rating was maintained by FBR Capital with “Market Perform”. The company was downgraded on Wednesday, March 9 by JMP Securities. The stock of Resource Capital Corp. (NYSE:RSO) has “Mkt Outperform” rating given on Friday, August 19 by JMP Securities. The company was maintained on Wednesday, September 2 by Deutsche Bank. As per Monday, August 10, the company rating was maintained by Deutsche Bank. JMP Securities downgraded the shares of RSO in report on Friday, November 18 to “Mkt Underperform” rating. The company was downgraded on Tuesday, November 15 by FBR Capital. On Wednesday, September 2 the stock rating was maintained by Wood with “Market Perform”.

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