Altisource Residential Corporation Appoints William P. Wall to its Board of Directors
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Compass Point Cuts Price Target on Altisource Residential (RESI) to $14; Reiterates Buy
March 1, 2016 8:57 AM ESTCompass Point maintained a Buy rating on Altisource Residential (NYSE: RESI), and cut the price target to $14.00 (from $17.00), following the company's 4Q. RESI reported a 4Q15 GAAP EPS loss of -$1.18 on revenue of $24.1M. Management also announced the sale of 1,266 additional NPLs with UPB of $434M at a price close to RESI's carrying value.
Analyst Fred Small commented, "We reiterate our BUY rating on RESI and cut our price target from $17.00 to $14.00, representing upside of +49% and a total return of +57% including... More
Altisource Residential (RESI) Declares $0.15 Special Dividend; 1.5% Yield
February 29, 2016 7:32 AM ESTAltisource Residential (NYSE: RESI) declared a special dividend of $0.15 per share.
The dividend will be payable on March 17, 2016, to stockholders of record on March 10, 2016.
The annual yield on the dividend is 1.5 percent.
For a dividend history and other dividend-related data on Altisource Residential (RESI) click here.
... More