Media coverage about Resource Capital (NYSE:RSO) has been trending somewhat positive on Wednesday, Accern reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Resource Capital earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.1089377696729 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have effected Accern’s rankings:
- David J. Bryant Purchases 2,700 Shares of Resource Capital Corp. (RSO) Stock (americanbankingnews.com)
- Matthew J. Stern Buys 1,750 Shares of Resource Capital Corp. (RSO) Stock (americanbankingnews.com)
- Resource Capital Corp. (RSO) CEO Robert C. Lieber Purchases 20,000 Shares (americanbankingnews.com)
- Resource Capital Corp. (RSO) Director Purchases $92,600.00 in Stock (americanbankingnews.com)
- Resource Capital (RSO) Stock Rating Upgraded by ValuEngine (americanbankingnews.com)
Shares of Resource Capital (RSO) opened at $8.98 on Wednesday. The stock has a market capitalization of $289.05, a P/E ratio of 47.26 and a beta of 1.02. The company has a current ratio of 134.66, a quick ratio of 134.66 and a debt-to-equity ratio of 1.60. Resource Capital has a 12-month low of $8.02 and a 12-month high of $11.38.
A number of equities research analysts have issued reports on RSO shares. Zacks Investment Research cut Resource Capital from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. ValuEngine raised Resource Capital from a “sell” rating to a “hold” rating in a research report on Wednesday, March 7th. Finally, JMP Securities raised Resource Capital from a “market perform” rating to an “outperform” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. Resource Capital currently has an average rating of “Hold” and an average price target of $11.75.
In other news, CEO Robert C. Lieber bought 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 13th. The stock was acquired at an average cost of $4.56 per share, for a total transaction of $91,200.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jeffrey P. Cohen bought 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 13th. The stock was purchased at an average price of $9.26 per share, with a total value of $92,600.00. The disclosure for this purchase can be found here. Insiders have acquired 35,775 shares of company stock valued at $236,737 in the last ninety days. Company insiders own 4.82% of the company’s stock.
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Resource Capital Company Profile
Resource Capital Corp. is a real estate finance company. The Company operates through four segments: Commercial Real Estate Debt Investments, Commercial Finance, Residential Mortgage Lending and Corporate & Other. The Commercial Real Estate Debt Investments segment includes the Company’s activities and operations related to commercial real estate loans, commercial real estate-related securities and investments in real estate.
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