RAIT Financial Trust (NYSE:RAS)
CAPS Rating:
The Company is a specialty finance company that provides a comprehensive set of debt financing options to the real estate industry.
The Company is a specialty finance company that provides a comprehensive set of debt financing options to the real estate industry.
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Currently selling at below book, and with a P/E of ay below 7, the company appears to be on the road to recovery. It is a small company, and expect a lot of volatility, and low cash dividends for a year or two.