Exantas Capital Corp. (NYSE:XAN) has a beta value of 1.39 and has seen 3,752,726 shares traded in the last trading session. The company, currently valued at $82.35 Million, closed the last trade at $2.57 per share which meant it lost -$0.1 on the day or -4.1% during that session. The XAN stock price is -386.77% off its 52-week high price of $12.51 and 63.04% above the 52-week low of $0.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.93 Million shares traded. The 3-month trading volume is 2.27 Million shares.
The consensus among analysts is that Exantas Capital Corp. (XAN) is an Overweight stock at the moment, with a recommendation rating of 2.5. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.18.
Exantas Capital Corp. (NYSE:XAN) trade information
Despite being -4.1% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 23 when the XAN stock price touched $2.70-4 or saw a rise of 4.81%. Year-to-date, Exantas Capital Corp. shares have moved -78.24%, while the 5-day performance has seen it change -3.02%. Over the past 30 days, the shares of Exantas Capital Corp. (NYSE:XAN) have changed 10.3%. Short interest in the company has seen 3.05 Million shares shorted with days to cover at 1.34.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could jump 55.64% from current levels. The projected low price target is $4 while the price target rests at a high of $4. In that case, then, we find that the current price level is +55.64% off the targeted high while a plunge would see the stock lose 55.64% from current levels.
Exantas Capital Corp. (XAN) estimates and forecasts
Figures show that Exantas Capital Corp. shares have underperformed across the wider relevant industry. The company’s shares have lost -78.55% over the past 6 months, with this year growth rate of -51.4%, compared to -26.7% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -35.7% and -32.3% for the next quarter. Revenue growth from the last financial year stood is estimated to be -3.9%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -8.6% over the past 5 years. Earnings growth for 2020 is a modest +274.1% while over the next 5 years, the company’s earnings are expected to increase by 5%.
Exantas Capital Corp. (NYSE:XAN)’s Major holders
Insiders own 3.1% of the company shares, while shares held by institutions stand at 78.22% with a share float percentage of 80.72%. Investors are also buoyed by the number of investors in a company, with Exantas Capital Corp. having a total of 172 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 3.15 Million shares worth more than $8.7 Million. As of March 30, 2020, Blackrock Inc. held 9.83% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 2.78 Million shares as of March 30, 2020. The firm’s total holdings are worth over $7.69 Million and represent 8.69% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Salient Select Income Fund. As of March 30, 2020, the former fund manager holds about 6.4% shares in the company for having 2050027 shares of worth $5.66 Million while later fund manager owns 810Thousand shares of worth $2.24 Million as of March 30, 2020, which makes it owner of about 2.53% of company’s outstanding stock.