Sutherland Asset Management Corp. (NYSE:SLD) – Stock analysts at B. Riley increased their FY2017 earnings per share (EPS) estimates for shares of Sutherland Asset Management Corp. in a research report issued on Thursday. B. Riley analyst J. Levi-Ribner now expects that the real estate investment trust will earn $1.42 per share for the year, up from their prior forecast of $1.35. B. Riley currently has a “Buy” rating on the stock. B. Riley also issued estimates for Sutherland Asset Management Corp.’s Q4 2017 earnings at $0.38 EPS, Q1 2018 earnings at $0.36 EPS, Q2 2018 earnings at $0.37 EPS, Q3 2018 earnings at $0.40 EPS, Q4 2018 earnings at $0.42 EPS and FY2018 earnings at $1.55 EPS.

A number of other equities analysts have also commented on SLD. FBR & Co raised shares of Sutherland Asset Management Corp. from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $15.50 to $16.00 in a research report on Monday, August 7th. Zacks Investment Research upgraded shares of Sutherland Asset Management Corp. from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. Finally, Keefe, Bruyette & Woods started coverage on shares of Sutherland Asset Management Corp. in a research note on Thursday, September 28th. They set a “market perform” rating and a $16.00 price objective on the stock.

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Sutherland Asset Management Corp. (SLD) opened at $15.45 on Monday. Sutherland Asset Management Corp. has a 1 year low of $12.45 and a 1 year high of $16.10. The company has a market cap of $494.34, a PE ratio of 11.12 and a beta of 0.69. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.92 and a current ratio of 1.92.

Institutional investors have recently made changes to their positions in the business. Eqis Capital Management Inc. grew its stake in Sutherland Asset Management Corp. by 24.3% during the third quarter. Eqis Capital Management Inc. now owns 18,809 shares of the real estate investment trust’s stock worth $295,000 after buying an additional 3,671 shares in the last quarter. Morgan Stanley grew its stake in Sutherland Asset Management Corp. by 1,538.6% during the first quarter. Morgan Stanley now owns 75,803 shares of the real estate investment trust’s stock worth $1,095,000 after buying an additional 71,177 shares in the last quarter. Vanguard Group Inc. grew its stake in Sutherland Asset Management Corp. by 46.5% during the first quarter. Vanguard Group Inc. now owns 533,145 shares of the real estate investment trust’s stock worth $7,704,000 after buying an additional 169,212 shares in the last quarter. BB&T Securities LLC acquired a new stake in Sutherland Asset Management Corp. during the second quarter worth about $787,000. Finally, JPMorgan Chase & Co. grew its stake in Sutherland Asset Management Corp. by 5.5% during the first quarter. JPMorgan Chase & Co. now owns 58,752 shares of the real estate investment trust’s stock worth $849,000 after buying an additional 3,046 shares in the last quarter. Hedge funds and other institutional investors own 30.24% of the company’s stock.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 20th. Shareholders of record on Friday, September 29th were paid a dividend of $0.37 per share. The ex-dividend date was Thursday, September 28th. This represents a $1.48 dividend on an annualized basis and a yield of 9.58%. Sutherland Asset Management Corp.’s payout ratio is 80.87%.

Sutherland Asset Management Corp. Company Profile

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  Corp. (NYSE:SLD)

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