Last $9.25 USD
Change Today -0.05 / -0.54%
Volume 11.9K
As of 8:10 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

resource america inc-cl a (REXI) Snapshot

Open
$9.26
Previous Close
$9.30
Day High
$9.41
Day Low
$9.21
52 Week High
07/23/14 - $9.96
52 Week Low
04/8/14 - $8.13
Market Cap
211.4M
Average Volume 10 Days
66.5K
EPS TTM
$0.23
Shares Outstanding
22.9M
EX-Date
01/14/15
P/E TM
39.4x
Dividend
$0.24
Dividend Yield
2.38%
Current Stock Chart for RESOURCE AMERICA INC-CL A (REXI)

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resource america inc-cl a (REXI) Details

Resource America, Inc. operates as an asset management company. The company, through its subsidiaries, operates in three segments: Financial Fund Management; Real Estate; and Equipment Finance. The Financial Fund Management segment engages in the formation and collateral management of structured financial products and of issuers of collateralized debt obligations, such as trust preferred securities, asset backed securities, leveraged loans, private equity, commercial mortgage backed securities, residential mortgage backed securities, collateralized debt obligations, and home equity loans. The Real Estate segment focuses on the acquisition of multifamily properties on behalf of the limited partnership investment funds it sponsors. The Equipment Finance segment offers small ticket equipment leases to the small to mid-sized business market through the formation of strategic marketing alliances. Resource America, Inc. was founded in 1966 and is based in Philadelphia, Pennsylvania.

721 Employees
Last Reported Date: 11/10/14
Founded in 1966

resource america inc-cl a (REXI) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $600.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $843.8K
Senior Vice President, Chief Executive Office...
Total Annual Compensation: $987.5K
President of Resource Financial Fund Manageme...
Total Annual Compensation: $841.3K
Executive Vice President
Total Annual Compensation: $843.8K
Compensation as of Fiscal Year 2013.

resource america inc-cl a (REXI) Key Developments

Resource America, Inc. and Pearlmark Real Estate Partners, L.L.C. Enters into an Arrangement to Form a 50:50 Joint Venture

Resource America, Inc. and Pearlmark Real Estate Partners, L.L.C. have entered into an arrangement to form a 50:50 joint venture (JV), Pearlmark Real Estate, L.L.C., to sponsor and manage all new funds and investment strategies under the Pearlmark banner. Both the entities are based in the US.

Resource America, Inc. Announces Cash Dividend, Payable on January 30, 2015

Resource America, Inc. announced that its Board of Directors has authorized the payment of a cash dividend on January 30, 2015 in the amount of $0.06 per share of the company's common stock to all holders of record at the close of business on January 16, 2015.

Resource America Mulls Acquisitions

Resource America, Inc. (NasdaqGS:REXI) intends to pursue acquisitions. "In 2015, we will continue to acquire assets for Op REIT I selectively selling stabilized properties and continuing to reinvest capital into properties that we implement a solid value-add strategy," Alan Feldman, Senior Vice President, said.

 

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REXI Competitors

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Company Last Change
Calamos Asset Management Inc $12.43 USD -0.34
Diamond Hill Investment Group Inc $141.60 USD +0.88
Pzena Investment Management Inc $8.49 USD +0.20
Silvercrest Asset Management Group Inc $14.09 USD +0.12
Westwood Holdings Group Inc $63.19 USD +0.71
View Industry Companies
 

Industry Analysis

REXI

Industry Average

Valuation REXI Industry Range
Price/Earnings 31.1x
Price/Sales 1.1x
Price/Book 1.2x
Price/Cash Flow 24.8x
TEV/Sales NM Not Meaningful
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