Analysts await RAIT Financial Trust (NASDAQ:RAS) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $0.14 EPS, down 35.71% or $0.05 from last year’s $0.19 per share.

At the moment 6 analysts are watching RAIT Financial Trust (NASDAQ:RAS), 3 rate it “Buy”, 0 “Outperform”, 3 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 5 analysts have a mean sales target of 25.77 million. For the quarter ending Sep-16, 5 analysts have a mean sales target of 25.96 million whilst for the year ending Dec-16, 5 analysts have a mean target of 103.63 million.

In terms of earnings per share, 5 analysts have a 0.04 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 5 analysts have a 0.01 EPS mean target and for the quarter ending Sep-16 there are 5 estimates of -0.03 EPS.

The biggest institutional shareholders in RAIT Financial Trust include Vanguard Group Inc which owns 11 million shares in the company valued at $29.92 million. Tiptree Financial Inc is the second biggest holder with 7 million shares currently valued at 16.95 million whilst Fidelity Management and Research Company has 5 million shares valued at 13.81 million.

Total shares held by institutions as of the most recent company filings are 61,361,466 with a reported 6,192,485 bought and 5,165,500 sold. These holdings make up 66.95% of the company’s outstanding shares.

Currently insiders hold 4,155,167 shares in the business which makes up 4.53% of shares. The biggest holder currently is Daniel Gideon Cohen who owns 1,510,848 shares (1.65% of those outstanding), whilst Betsy Z. Cohen holds 593,487 (0.65% of shares outstanding) and Scott F. Schaeffer holds 463,934 (0.51% of shares outstanding).

The stock increased 1.71% or $0.05 during the last trading session, hitting $3.12. RAIT Financial Trust (NASDAQ:RAS) has fallen 40.06% over the past 6 months and is downtrending.