Breaking Finance News

A statement released earlier today by FBR & Co. about Sutherland Asset Mgmt (NYSE:SLD) bumps the target price to $15.50

Yesterday Sutherland Asset Mgmt (NYSE:SLD) traded 0.32% higher at $14.90. The company’s 50-day moving average is $15.83 and its 200-day moving average is $15.08. The last stock close price is down 5.10% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 56,796 shares of the stock were exchanged, down from an average trading volume of 87,298

FBR & Co. bumped up the target of Sutherland Asset Mgmt (NYSE:SLD) to $15.50 indicating a possible upside of 0.04%.

See Chart Below

Sutherland Asset Mgmt (NYSE:SLD)

Sutherland Asset Mgmt has a 52 week low of $12.40 and a 52 week high of $16.10 with a P/E ratio of 8.82 The company’s market cap is currently $0.

General Information About Sutherland Asset Mgmt (NYSE:SLD)

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. The Company originates SBC and SBA loans through its ReadyCap subsidiaries. The Company also invests in asset-backed securities, where the underlying pool of assets consists primarily of SBC loans, and other real estate-related investments. The Company is managed and advised by Waterfall Asset Management, LLC.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.