News headlines about Anworth Mortgage Asset Corporation (NYSE:ANH) have trended somewhat positive on Wednesday, Accern reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Anworth Mortgage Asset Corporation earned a news impact score of 0.09 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.3248733519992 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
A number of equities analysts have recently issued reports on the company. Credit Suisse Group reissued a “hold” rating and set a $6.00 target price on shares of Anworth Mortgage Asset Corporation in a research note on Friday, August 4th. ValuEngine raised Anworth Mortgage Asset Corporation from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, September 6th.
Shares of Anworth Mortgage Asset Corporation (ANH) traded up 0.248% during trading on Wednesday, hitting $6.075. The stock had a trading volume of 195,998 shares. The firm has a market cap of $592.62 million, a P/E ratio of 9.597 and a beta of 0.27. Anworth Mortgage Asset Corporation has a one year low of $4.75 and a one year high of $6.35. The firm’s 50-day moving average is $6.06 and its 200-day moving average is $5.98.
Anworth Mortgage Asset Corporation (NYSE:ANH) last issued its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.01). The business had revenue of $13.89 million for the quarter, compared to analyst estimates of $17.78 million. Anworth Mortgage Asset Corporation had a return on equity of 8.83% and a net margin of 44.13%. The business’s quarterly revenue was up 23.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.15 earnings per share. Equities research analysts forecast that Anworth Mortgage Asset Corporation will post $0.53 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, October 27th. Investors of record on Friday, September 29th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.60 annualized dividend and a yield of 9.90%. Anworth Mortgage Asset Corporation’s payout ratio is 95.24%.
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Anworth Mortgage Asset Corporation Company Profile
Anworth Mortgage Asset Corporation is a real estate investment trust (REIT). The Company’s investment objective is to provide risk-adjusted total returns to its stockholders over the long-term primarily through dividends and secondarily through capital appreciation. Its strategy is to invest in residential mortgage-backed securities (MBS) (both Agency MBS and Non-Agency MBS), residential mortgage loans and residential rental properties.
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