RSO

Market cap $274.84M
Enterprise value $1.1663B
Employees N/A
Revenue $40.3M
EBITDA N/A
Income $25.8M
EPS 0.27
P/E 33.58
Forward P/E 178.00
EV/EBITDA N/A
PEG -2.81
Earnings date 2018-03-12
Volume 52.4k / 253k
Relative vol. 0.21 ×
Profit margin 80.17%
Oper. margin 25.83%
Gross margin 111.32%
Sales Q/Q 32.46%
Sales Y/Y -6.57%
Est. EPS Q/Q N/A
Beta 1.00
Mean Recomm. 3.00
IPO year 2006
Country United States
RSI 33.95
Range $8.85 – $9.04
52 weeks $7.90 – $11.38
SMA 50 $9 +3.20%
SMA 200 $10 +10.43%
1 year target $11 +19.44%

Intraday

5 days

1 month

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1 year

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All time

Date
#
Company
Insider Title
Trans.
Transaction
Shares Price per share Total price Shares after Source
2017-11-07 Stephanie H. Wiggins
Director
Director Sale 2,702 $9.80 $26,480
2017-11-07
4,380
2017-11-06 Jeffrey P Cohen
Director
Director Buy 3,000 $9.90 $29,700
2017-11-06
47,528
2017-08-16 Jeffrey P Cohen
Director
Director Buy 15,000 $10.26 $153,900
2017-08-16
44,528
2016-12-08 David J Bryant
SVP,CFO & Treas.
SVP,CFO & Treas. Sale 1,250 $9.02 $11,275
2016-12-08
60,861
2016-12-01 Jeffrey P Cohen
Director
Director Buy 2,000 $8.11 $16,220
2016-12-01
14,000
2016-11-22 Michele R. Weisbaum
SVP, Chief Legal Officer & Sec
SVP, Chief Legal Officer & Sec Buy 500 $9.16 $4,580
2016-11-22
1,959
2016-11-18 Stephanie H. Wiggins
Director
Director Sale 4,278 $9.15 $39,144
2016-11-18
3,402
2016-11-16 Jeffrey P Cohen
Director
Director Buy 2,000 $9.00 $18,000
2016-11-16
2,000
2016-08-17 David E Bloom
Senior Vice President
Senior Vice President Buy 8,000 $12.87 $102,960
2016-08-17
102,619
2016-05-16 Jeffrey D Blomstrom
Senior Vice President
Senior Vice President Sale 14,721 $12.58 $185,190
2016-05-16
53,107
2016-03-14 David E Bloom
Senior Vice President
Senior Vice President Sale 9,250 $10.94 $101,195
2016-03-14
94,619
2015-12-15 David J Bryant
SVP,CFO & Treas.
SVP,CFO & Treas. Buy 2,000 $15.70 $31,400
2015-12-15
2,000
2015-11-11 Eldron C Blackwell
VP & CAO
VP & CAO Buy 175 $11.97 $2,095
2015-11-11
1,238
2015-09-04 David E Bloom
Senior Vice President
Senior Vice President Buy 7,550 $13.16 $99,358
2015-09-04
86,729
2015-08-31 Steven J Kessler
Director
Director Buy 10,000 $3.14 $31,400
2015-08-31
176,000

Notable SEC filings of Resource Capital Corp.

Date Contents
Source
2017-09-13 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2017-08-16 8-K Entry into a Material Definitive Agreement; Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; Unregistered Sales of Equity Securities; Other Events; Financial Statements and Exhibits
2017-08-08 10-Q Quarterly report
2017-08-03 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2017-08-02 8-K Completion of Acquisition or Disposition of Assets; Financial Statements and Exhibits
2017-07-19 8-K Other Events
2017-06-08 8-K Entry into a Material Definitive Agreement; Completion of Acquisition or Disposition of Assets; Financial Statements and Exhibits
2017-06-06 8-K Submission of Matters to a Vote of Security Holders
2017-05-10 10-Q Quarterly report
2017-05-10 8-K Results of Operations and Financial Condition; Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Financial Statements and Exhibits
2017-03-16 10-K Yearly report
2017-03-14 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2017-03-08 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2016-11-14 10-Q Quarterly report
2016-11-14 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-11-14 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2016-09-14 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Other Events
2016-08-10 8-K Termination of a Material Definitive Agreement; Completion of Acquisition or Disposition of Assets; Financial Statements and Exhibits
2016-08-09 10-Q Quarterly report
2016-08-05 8-K Entry into a Material Definitive Agreement; Financial Statements and Exhibits
2016-08-02 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-06-06 8-K Submission of Matters to a Vote of Security Holders
2016-05-26 8-K Entry into a Material Definitive Agreement; Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2016-05-10 10-Q Quarterly report
2016-05-03 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-03-10 10-K Yearly report
Market Perform FBR Capital 7 August 2017

Resource Capital executives

Insider Title Age Since Compensation
David Bryant (58)
Chief Financial Officer, Senior Vice President, Chief Accounting Officer, Treasurer since 2014
Chief Financial Officer, Senior Vice President, Chief Accounting Officer, Treasurer 58 2014 $674,998
David Bloom (51)
Senior Vice President since 2017
Senior Vice President 51 2017 $174,999
Jeffrey Blomstrom (47)
Senior Vice President since 2005
Senior Vice President 47 2005 $49,998
Stephanie Wiggins (50)
Independent Director since 2013
Independent Director 50 2013
P. Sherrill Neff (64)
Independent Director since 2005
Independent Director 64 2005
Murray Levin (73)
Independent Director since 2005
Independent Director 73 2005
Gary Ickowicz (60)
Independent Director since 2007
Independent Director 60 2007
William Hart (72)
Independent Director since 2005
Independent Director 72 2005
Walter Beach (50)
Independent Director since 2005
Independent Director 50 2005
Steven Kessler (73)
Director since 2016
Director 73 2016
Jeffrey Cohen (44)
Director since 2016
Director 44 2016
Shelle Weisbaum
Senior Vice President, Chief Legal Officer, Secretary since 2016
Senior Vice President, Chief Legal Officer, Secretary 2016
Paul Hughson
Executive Vice President - Commercial Real Estate Lending Business Division since 2017
Executive Vice President - Commercial Real Estate Lending Business Division 2017
Robert Lieber (62)
Chief Executive Officer since 2017
Chief Executive Officer 62 2017
Matthew Stern (43)
President since 2017
President 43 2017
Andrew Farkas
Chairman of the Board since 2016
Chairman of the Board 2016
Resource Capital Corp. logo

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. 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. The company 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. It qualifies as a real estate investment trust (REIT) for federal income tax purposes. The company generally would not be subject to federal corporate income tax to the extent that it distributes 100% of its REIT taxable income. Resource Capital Corp. was founded in 2005 and is based in New York, New York.

Quarterly EPS estimates

Profit margin

Debt to assets

Cash flow

Balance sheet

(in millions) 2017Q3 2017Q2 2017Q1 2016Q4
Current assets
Cash $297.523 $104.019 $162.631 $119.57
Short term investments
Net receivables $17.719 $94.072 $20.388 $26.211
Inventory
Other current assets
Total current assets
Long term investments $1,467.788 $1,424.835 $1,488.315 $1,505.311
Property, plant & equipment
Goodwill
Intangible assets $0.213
Other assets $146.629 $287.117 $320.587 $397.983
Deferred long term asset charges $4.24 $3.899 $4.255
Total assets $1,929.659 $1,914.283 $1,995.82 $2,053.543
Current liabilities
Accounts payable $14.246 $13.236 $12.623 $15.019
Short long term debt $1,172.094 $1,069.339 $1,177.195 $1,191.456
Other current liabilities
Total current liabilities
Long term debt
Other liabilities $3.291 $1.36 $1.418 $1.415
Deferred long term liabilities
Minority interest -$1.405 -$1.31 -$1.209
Total liabilities $1,199.002 $1,208.906 $1,289.465 $1,349.244
Stockholders' equity
Stock option warrants
Common stock $0.031 $0.031 $0.031 $0.031
Retained earnings -$504.07 -$515.148 -$516.045 -$517.177
Treasury stock
Capital surplus $1,233.2 $1,219.982 $1,219.125 $1,218.352
Other stockholder equity $1.484 $0.5 $3.232 $3.081
Total stockholder equity $730.657 $705.377 $706.355 $704.299
Net tangible assets $730.657 $705.377 $706.355 $704.086
(in millions) 2016 2015 2014
Current assets
Cash $119.57 $119.391 $202.043
Short term investments
Net receivables $26.211 $30.366 $59.847
Inventory
Other current assets
Total current assets
Long term investments $1,505.311 $2,069.373 $2,401.292
Property, plant & equipment $0.18
Goodwill
Intangible assets $0.213 $5.316 $18.61
Other assets $397.983 $528.47 $34.073
Deferred long term asset charges $4.255 $12.646 $12.634
Total assets $2,053.543 $2,765.562 $2,728.679
Current liabilities
Accounts payable $15.019 $25.998 $51.221
Short long term debt $1,191.456 $1,621.713 $1,716.871
Other current liabilities
Total current liabilities
Long term debt
Other liabilities $1.415 $4.685 $8.476
Deferred long term liabilities
Minority interest -$1.209 $7.896 $16.588
Total liabilities $1,349.244 $1,946.698 $1,793.156
Stockholders' equity
Stock option warrants
Common stock $0.031 $0.032 $0.033
Retained earnings -$517.177 -$406.603 -$315.91
Treasury stock
Capital surplus $1,218.352 $1,228.346 $1,245.345
Other stockholder equity $3.081 -$2.923 $6.043
Total stockholder equity $704.299 $818.864 $935.523
Net tangible assets $704.086 $813.548 $916.913

Income statement

(in millions) 2017Q3 2017Q2 2017Q1 2016Q4
Revenue
Total revenue $10.872 $10.121 $11.146 $8.208
Cost of revenue
Gross profit $10.872 $10.121 $11.146 $8.208
Operating expenses
Research & development
Selling, general & administrative $10.156 $6.952 $7.331 $6.53
Non-recurring $0.177 $1.173
Other operating expenses -$0.586 $0.163 $1.067 $10.458
Total operating expenses
Operating income $0.69 $3.137 $3.57 $0.173
Income from continuing operations
Net other income -$12.528 $9.524 $6.742 $4.444
EBIT $43.062 $26.89 $24.927 $17.986
Interest expense $13.853 $14.347 $14.254 $13.346
Income before tax $29.209 $12.543 $10.673 $4.64
Income tax expense $4.464 -$0.025 $1.499 $1.434
Minority interest -$1.405 -$1.31 -$1.209
Net income from continuing ops $24.745 $12.568 $9.174 $3.206
Non-recurring events
Discontinued operations -$6.087 -$4.184 -$0.561 -$6.728
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA $18.658 $8.384 $8.613 -$3.522
Income (for common shares) $12.644 $2.464 $2.7 -$9.52
(in millions) 2016 2015 2014
Revenue
Total revenue $44.915 $29.787 $82.594
Cost of revenue
Gross profit $44.915 $29.787 $82.594
Operating expenses
Research & development
Selling, general & administrative $31.222 $32.135 $39.665
Non-recurring $26.47 $0.372 $0.372
Other operating expenses $19.331 $45.333 $4.07
Total operating expenses
Operating income -$14.343 -$6.965 $40.571
Income from continuing operations
Net other income $8.028 $17.01 $12.38
EBIT $53.405 $68.963 $101.211
Interest expense $53.747 $56.53 $43.493
Income before tax -$0.342 $12.433 $57.718
Income tax expense $10.992 $1.354 -$1.867
Minority interest -$1.209 $7.896 $16.588
Net income from continuing ops -$11.334 $11.079 $59.585
Non-recurring events
Discontinued operations -$19.26 $6.104 $2.583
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA -$30.594 $17.183 $62.168
Income (for common shares) -$52.956 -$13.882 $44.027

Cash flow

(in millions) 2017Q3 2017Q2 2017Q1 2016Q4
Net income $18.658 $8.384 $8.613 -$3.522
Operating activities
Depreciation $1.987 $1.754 $0.439 -$9.706
Net income adjustments $138.945 -$36.078 $58.097 $114.813
Change in accounts receivable $1.289
Changes in liabilities $0.541
Changes in inventory
Changes in other operating activities $3.543 -$3.209 $2.279 -$0.003
Total cash flow from operations $163.133 -$29.149 $69.428 $113.118
Investing activities
Capital expenditures
Investments $34.674 $57.146 $42.919 $92.577
Other cash flows from investing $3.804 $6.788 -$1.713 -$105.741
Total cash flows from investing $38.478 $63.934 $41.206 -$13.164
Financing activities
Dividends paid -$7.581 -$7.583 -$7.564 -$19.025
Sale and purchase of stock $0.015 -$0.039 -$0.074 -$0.075
Net borrowings $103.264 -$110.342 -$17.029 -$37.877
Other cash flows from financing -$117.058 $28.152 -$44.233 -$41.503
Total cash flows from financing -$21.36 -$89.812 -$68.9 -$98.48
Effect of exchange rate
Change in cash and equivalents $180.251 -$55.027 $41.734 $1.474
(in millions) 2016 2015 2014
Net income -$30.594 $17.183 $62.168
Operating activities
Depreciation -$13.433 $16.232 $8.738
Net income adjustments $73.648 $42.131 -$145.745
Change in accounts receivable $1.289 $3.98 -$0.203
Changes in liabilities $0.541 $0.494 -$5.395
Changes in inventory
Changes in other operating activities -$3.071 -$10.025 $14.963
Total cash flow from operations $41.813 $69.995 -$65.474
Investing activities
Capital expenditures -$0.028 -$0.014 -$0.069
Investments $187.109 -$21.539 -$200.602
Other cash flows from investing $56.31 -$37.952 -$191.007
Total cash flows from investing $242.919 -$59.505 -$393.25
Financing activities
Dividends paid -$76.567 -$126.923 -$121.556
Sale and purchase of stock -$12.479 -$22.673 $212.276
Net borrowings -$158.954 $79.093 -$14.37
Other cash flows from financing $0.538 $58.864 $200.009
Total cash flows from financing -$247.462 -$11.639 $276.359
Effect of exchange rate
Change in cash and equivalents $37.27 -$1.149 -$182.365
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