Five Oaks Investment Corp. (NYSE:OAKS) Earning Somewhat Positive News Coverage, Analysis Shows
Media coverage about Five Oaks Investment Corp. (NYSE:OAKS) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Five Oaks Investment Corp. earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 47.0603030709212 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s analysis:
- Five Oaks Investment Corp. Reports Second Quarter 2017 Financial Results – PR Newswire (press release) (prnewswire.com)
- Five Oaks reports 2Q loss (finance.yahoo.com)
- Five Oaks Investment Corp. (NYSE:OAKS) Sees Heavy Trading … – First News 24 (firstnewspaper24.com)
- Five Oaks Investment Corp. (NYSE:OAKS) Experiences Heavier than Usual Trading Volume – First News 24 (firstnewspaper24.com)
Five Oaks Investment Corp. (OAKS) traded down 11.055% during mid-day trading on Tuesday, reaching $4.385. 1,435,313 shares of the company were exchanged. Five Oaks Investment Corp. has a 1-year low of $4.27 and a 1-year high of $6.15. The firm has a market capitalization of $76.91 million, a P/E ratio of 8.632 and a beta of 1.29. The stock has a 50-day moving average of $4.90 and a 200 day moving average of $5.16.
Five Oaks Investment Corp. (NYSE:OAKS) last issued its quarterly earnings results on Wednesday, May 10th. The real estate investment trust reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.20 by $0.05. Five Oaks Investment Corp. had a net margin of 11.47% and a return on equity of 11.34%. The firm had revenue of $5.78 million during the quarter. Equities research analysts forecast that Five Oaks Investment Corp. will post $0.73 earnings per share for the current year.
The company also recently declared a monthly dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Tuesday, August 15th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.17%. Five Oaks Investment Corp.’s dividend payout ratio (DPR) is 120.00%.
In related news, CEO David C. Carroll acquired 10,000 shares of Five Oaks Investment Corp. stock in a transaction that occurred on Friday, June 16th. The stock was acquired at an average price of $4.67 per share, for a total transaction of $46,700.00. Following the transaction, the chief executive officer now directly owns 65,384 shares of the company’s stock, valued at approximately $305,343.28. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.92% of the stock is currently owned by insiders.
About Five Oaks Investment Corp.
Five Oaks Investment Corp. is a real estate investment trust. The Company is focused on investing on a leveraged basis in mortgage and other real estate-related assets, particularly residential mortgage loans and mortgage-backed securities (MBS). The Company invests in various assets, such as Agency residential MBS (RMBS); securitizations backed by multi-family mortgage loans, or Multi-Family MBS; residential mortgage loans and other mortgage-related investments, including mortgage servicing rights (MSRs), and Non-Agency RMBS.
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