Can analysts adopt a bullish outlook for Altisource Residential Corp (NYSE:RESI)?

Shares of Altisource Asset Management Corp (AAMC) opened at 90.25 on Tuesday. It is meant to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. Looking back over the past 4 weeks, shares have seen a percentage change of -1.99.

03/20/2017 - Altisource Residential Corporation had its "buy" rating reiterated by analysts at Instinet.

Investors sentiment increased to 0.67 in Q4 2016.

Altisource Residential Corporation (NYSE:RESI) now has a value score of F. This score ranks stocks based on various valuation metrics.

03/09/2016 - Altisource Residential Corporation was downgraded to "market perform" by analysts at JMP Securities. The company was maintained on Tuesday, August 11 by Piper Jaffray.

Luxor Capital Group Lp increased Grubhub Inc (NYSE:GRUB) stake by 987,485 shares to 4.05 million valued at $152.43M in 2016Q4. Capital Fund Management S.A. bought a new stake in shares of Altisource Residential Corp during the third quarter valued at $807,000. The stock notched a 12-month high of $15.00 while $17.00 target is by far the most aggressive out of analysts who are now evaluating the company, $2 higher than the next highest 52-week price estimate. 239,897 were accumulated by Alpine Woods Invsts Ltd Liability Com. Ubs Asset Management Americas reported 0% of its portfolio in Altisource Residential Corp (NYSE:RESI). It is positive, as 70 investors sold STWD shares while 66 reduced holdings. It also upped Ryder Sys Inc (NYSE:R) stake by 244,063 shares and now owns 707,608 shares. The Korea Investment Corp holds 679,651 shares with $71.86 million value, up from 601,162 last quarter. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Credit Suisse Ag holds 0% or 108,042 shares. For now, Altisource Residential Corporation is the toast of Wall Street as its ABR stands at 2.40 with 3 out of 7 analysts rating the stock a buy. The company is scheduled to report its next quarterly earnings report on Monday, August 14th. Corporate insiders own 0.12% of the company's stock. The company has its outstanding shares of 53.52 million. 2 funds opened positions while 2 raised stakes. Rhumbline Advisers invested in 305,276 shares or 0.08% of the stock. The rating was downgraded by Compass Point on Monday, August 15 to "Neutral".

Altisource Residential Corp (NYSE:RESI) last posted its earnings results on Tuesday, May 9th. Its down 0.33, from 1.7 in 2016Q3. Gotham Asset Mgmt holds 0.05% or 56,454 shares. NEWBERRY STEPHEN G also sold $3.01M worth of Lam Research Corporation (NASDAQ:LRCX) shares. Ghp invested in 16,428 shares or 0.21% of the stock. (NYSE:STWD). Janus Mngmt Llc holds 0.01% or 364,719 shares in its portfolio. Fmr Ltd Llc invested in 0.01% or 7.43 million shares. California Public Employees Retirement System, California-based fund reported 104,100 shares.

According to Zacks, analysts expect that Altisource Residential Corp will report full year earnings of ($2.21) per share for the current fiscal year, with EPS estimates ranging from ($3.12) to ($1.30).

Tracking current stock price levels as a percentage of the 52 week high/low range, we have noted that shares of Altisource Residential Corporation (NYSE:RESI) have a value of 82.15. The Company focuses on acquiring, owning and managing single-family rental (SFR) properties throughout the United States. The Firm conducts its activities through its subsidiary, Altisource Residential, L.P., and its subsidiaries.

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  • Zachary Reyes