Media coverage about Altisource Residential (NYSE:RESI) has trended somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Altisource Residential earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 47.8846257842558 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Altisource Residential (RESI) traded up $0.11 during midday trading on Tuesday, hitting $10.26. The company had a trading volume of 95,191 shares, compared to its average volume of 283,568. The stock has a market capitalization of $538.22, a price-to-earnings ratio of -2.96 and a beta of 1.70. Altisource Residential has a 12-month low of $9.76 and a 12-month high of $15.66.
Altisource Residential (NYSE:RESI) last announced its quarterly earnings results on Thursday, March 1st. The real estate investment trust reported ($0.70) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.59) by ($0.11). The firm had revenue of $27.80 million during the quarter, compared to analysts’ expectations of $32.77 million. Altisource Residential had a negative net margin of 196.93% and a negative return on equity of 25.77%. The firm’s revenue for the quarter was up 129.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($1.14) EPS. equities research analysts predict that Altisource Residential will post -1.55 EPS for the current year.
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Altisource Residential Company Profile
Front Yard Residential Corporation, formerly Altisource Residential Corporation, is a real estate investment trust (REIT). The Company focuses on acquiring, owning and managing single-family rental (SFR) properties throughout the United States. The Company conducts its activities through its subsidiary, Altisource Residential, L.P., and its subsidiaries.
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