Sutherland Asset Management Corp (NYSE:SLD) – Investment analysts at B. Riley reduced their Q1 2018 earnings estimates for Sutherland Asset Management in a research report issued to clients and investors on Thursday. B. Riley analyst J. Levi-Ribner now forecasts that the real estate investment trust will earn $0.35 per share for the quarter, down from their previous forecast of $0.36. B. Riley has a “Buy” rating on the stock. B. Riley also issued estimates for Sutherland Asset Management’s Q1 2019 earnings at $0.39 EPS, Q2 2019 earnings at $0.42 EPS, Q3 2019 earnings at $0.44 EPS, Q4 2019 earnings at $0.45 EPS and FY2019 earnings at $1.70 EPS.

Other equities research analysts also recently issued research reports about the company. Zacks Investment Research raised Sutherland Asset Management from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a report on Friday, January 5th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $16.00 price target on shares of Sutherland Asset Management in a report on Friday, November 10th. Finally, JMP Securities started coverage on Sutherland Asset Management in a report on Friday, January 5th. They issued an “outperform” rating and a $17.00 price target for the company. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Sutherland Asset Management has a consensus rating of “Buy” and a consensus target price of $16.50.

Sutherland Asset Management (SLD) opened at $15.20 on Friday. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $486.35, a PE ratio of 7.84 and a beta of 0.72. Sutherland Asset Management has a 52 week low of $13.00 and a 52 week high of $16.20.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 9.74%. The ex-dividend date is Thursday, December 28th. Sutherland Asset Management’s dividend payout ratio is presently 76.29%.

A number of hedge funds and other institutional investors have recently modified their holdings of SLD. SG Americas Securities LLC acquired a new stake in Sutherland Asset Management in the third quarter worth about $117,000. Nationwide Fund Advisors acquired a new stake in Sutherland Asset Management in the second quarter worth about $153,000. Balyasny Asset Management LLC acquired a new stake in Sutherland Asset Management in the second quarter worth about $155,000. Hillsdale Investment Management Inc. acquired a new stake in Sutherland Asset Management in the second quarter worth about $156,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Sutherland Asset Management in the third quarter worth about $191,000. 30.43% of the stock is owned by institutional investors and hedge funds.

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About Sutherland Asset Management

Sutherland Asset Management Corporation, formerly ZAIS Financial Corp., is a diversified mortgage real estate investment trust (REIT). The Company originates, acquires, finances, services and manages small balance commercial loans (SBC) and Small Business Administration (SBA) loans. The Company focuses on maintaining its existing residential mortgage origination platform, GMFS.

Earnings History and Estimates for Sutherland Asset Management (NYSE:SLD)

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