+ Watch RAS
on My Watchlist
The Company is a specialty finance company that provides a comprehensive set of debt financing options to the real estate industry.
RAIT's Book Value is overstated based in consolidation, but is still significantly higher than its stock price. RAIT's Earnings are strongly understated in consolidation, however. It is generated at least 30 cents a share of cash and would have a dividend closer to 20 cents a share if it didn't have accumulated losses from the failure of a series of consolidated non-recourse securitizations. It will eventually work through those losses with a business that has diversified from pure loan provider to loan provider and real estate operator. It now pulls close to have its revenue and earnings from its operating owned real estate for which it has extraordinarily low average interest costs. This stock should grow in every one of the next three to four years.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions