Confidence in Resource Capital (NYSE:RSO) Shares by JMP Securities Rise.

March 15, 2018 - By Ellis Scott

  Confidence in Resource Capital (NYSE:RSO) Shares by JMP Securities Rise.

Resource Capital (NYSE:RSO) Stock Upgrade

In analysts note sent to investors and clients on Wednesday, 14 March, JMP Securities boosted shares of Resource Capital (NYSE:RSO) to a solid “Market Outperform” rating from their previous “Market Perform” rating.

Resource Capital Corp. (NYSE:RSO) Ratings Coverage

Among 5 analysts covering Resource Capital Corp (NYSE:RSO), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Resource Capital Corp has $16 highest and $3.50 lowest target. $12.25’s average target is 29.49% above currents $9.46 stock price. Resource Capital Corp had 16 analyst reports since August 6, 2015 according to SRatingsIntel. Wood maintained the stock with “Market Perform” rating in Wednesday, September 2 report. The firm has “Mkt Outperform” rating given on Friday, August 19 by JMP Securities. The stock of Resource Capital Corp. (NYSE:RSO) has “Hold” rating given on Monday, August 10 by Deutsche Bank. The rating was initiated by FBR Capital with “Outperform” on Thursday, December 17. The stock of Resource Capital Corp. (NYSE:RSO) earned “Mkt Underperform” rating by JMP Securities on Friday, November 18. As per Tuesday, November 15, the company rating was downgraded by FBR Capital. On Tuesday, March 29 the stock rating was maintained by Deutsche Bank with “”. The firm earned “Hold” rating on Wednesday, September 2 by Deutsche Bank. On Tuesday, August 8 the stock rating was maintained by FBR Capital with “Market Perform”. JMP Securities upgraded Resource Capital Corp. (NYSE:RSO) on Wednesday, March 14 to “Market Outperform” rating.

The stock decreased 0.63% or $0.06 during the last trading session, reaching $9.46. About 33,294 shares traded. Resource Capital Corp. (NYSE:RSO) has declined 23.76% since March 15, 2017 and is downtrending. It has underperformed by 40.46% the S&P500.

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 $292.14 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 50.86 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.

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

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