News stories about Sutherland Asset Management Corp. (NYSE:SLD) have trended very positive this week, Accern Sentiment reports. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sutherland Asset Management Corp. earned a coverage optimism score of 0.51 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 48.1164042293109 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- LLC Sells 8875 Shares of Microsoft Corporation (MSFT) (wisdomsave.com)
- Reviewing Senior Housing Properties Trust (SNH) & Sutherland Asset Management Corp. (SLD) (americanbankingnews.com)
- Sutherland Asset Management Corp. (SLD) Set to Announce Earnings on Thursday (americanbankingnews.com)
- Sutherland Asset Management Corporation Announces Second Quarter 2017 Earnings Release and Conference Call (finance.yahoo.com)
SLD has been the subject of several analyst reports. Zacks Investment Research cut Sutherland Asset Management Corp. from a “hold” rating to a “sell” rating in a research report on Thursday, April 13th. FBR & Co reaffirmed a “hold” rating on shares of Sutherland Asset Management Corp. in a research report on Monday, May 15th.
Sutherland Asset Management Corp. (NYSE SLD) opened at 14.80 on Wednesday. The firm has a market capitalization of $456.20 million, a PE ratio of 8.30 and a beta of 0.69. Sutherland Asset Management Corp. has a 52-week low of $12.40 and a 52-week high of $15.35. The stock’s 50 day moving average price is $14.86 and its 200 day moving average price is $14.30.
Sutherland Asset Management Corp. (NYSE:SLD) last announced its earnings results on Tuesday, May 9th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.35 by $0.02. Sutherland Asset Management Corp. had a return on equity of 7.00% and a net margin of 38.63%. The business had revenue of $20.15 million for the quarter, compared to analysts’ expectations of $16.91 million. Analysts expect that Sutherland Asset Management Corp. will post $1.35 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Friday, June 30th were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 10.00%. The ex-dividend date was Wednesday, June 28th. Sutherland Asset Management Corp.’s payout ratio is 102.07%.
About Sutherland Asset Management Corp.
Sutherland Asset Management Corporation, formerly ZAIS Financial Corp., is a diversified mortgage real estate investment trust (REIT). The Company originates, acquires, finances, services and manages small balance commercial loans (SBC) and Small Business Administration (SBA) loans. The Company focuses on maintaining its existing residential mortgage origination platform, GMFS.
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