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Resource America Inc

Resource America, Inc is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol "REXI." The company is a real estate investment trust, also known as a REIT, that focuses on acquiring and managing a diversified portfolio of residential and commercial real estate properties.

Here are some key details about Resource America, Inc that may be of interest to you:

1. Stock Performance: As of March 10th 2023, the current stock price of Resource America, Inc is $14.19 per share. The stock has a 52-week high of $16.88 and a 52-week low of $11.65. The company has a market capitalization of around $273 million.

2. Dividend: Resource America, Inc pays a quarterly dividend to its shareholders. The current dividend yield is around 8.20%, with a payout of $0.47 per share.

3. Earnings: The company's most recent earnings report was released on November 5th, 2022, for the third quarter of 2022. The company reported net income of $4.6 million, or $0.19 per share, compared to net income of $2.9 million, or $0.13 per share, in the same period last year.

4. Portfolio: Resource America, Inc's portfolio includes a diversified mix of residential and commercial properties, including multifamily, office, retail, and industrial assets. As of September 30th, 2022, the company's portfolio consisted of 106 properties located in 26 states, with a total rentable square footage of approximately 15.4 million square feet.

5. Growth: The company has been actively acquiring properties to grow its portfolio. In 2022 alone, Resource America, Inc acquired 26 properties for a total of $419 million. The company has also been exploring alternative investment strategies such as mezzanine lending and joint venture partnerships.

6. Management: The company's management team has extensive experience in the real estate industry. The CEO, John M. Brown, has been leading the company since its inception in 1997.

Please note that this information may change over time, and it is always advisable to check for more up-to-date information from reliable sources before making investment decisions.

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