Altisource Residential (RESI) Declares $0.55 Quarterly Dividend; 12.3% Yield

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Altisource Residential (RESI) CEO Steps Down; Compass Point Reiterates Buy Rating

June 19, 2015 8:36 AM EDT

Compass Point reiterates a Buy rating and $21.00 price target on Altisource Residential (NYSE: RESI) as CEO Ashish Pandey steps down to pursue other interests. RESI also declared a $0.55 dividend.

Analyst Fred Small commented, "Altisource Residential announced last night that CEO Ashish... More