Somewhat Positive Media Coverage Somewhat Unlikely to Impact Anworth Mortgage Asset Corporation (ANH) Share Price
Media headlines about Anworth Mortgage Asset Corporation (NYSE:ANH) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Anworth Mortgage Asset Corporation earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 46.8382955412538 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Financial Survey: Gladstone Land Corporation (LAND) & Anworth Mortgage Asset Corporation (ANH) (americanbankingnews.com)
- Short Interest in Anworth Mortgage Asset Corporation (ANH) Increases By 45.6% (americanbankingnews.com)
- Anworth Mortgage Asset Corp. breached its 50 day moving average in a Bullish Manner : ANH-US : September 18, 2017 (finance.yahoo.com)
- Gladstone Land Corporation (LAND) & Anworth Mortgage Asset Corporation (ANH) Critical Survey (americanbankingnews.com)
- ANWORTH MORTGAGE ASSET CORPORATION (NYSE:ANH) Files An 8-K Financial Statements and Exhibits (4-traders.com)
Several analysts recently weighed in on the company. ValuEngine raised Anworth Mortgage Asset Corporation from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 6th. Credit Suisse Group restated a “hold” rating and issued a $6.00 target price on shares of Anworth Mortgage Asset Corporation in a research note on Friday, August 4th.
Shares of Anworth Mortgage Asset Corporation (NYSE:ANH) traded up 0.49% during trading on Friday, reaching $6.14. The company’s stock had a trading volume of 646,239 shares. The company’s 50-day moving average price is $6.05 and its 200 day moving average price is $5.90. Anworth Mortgage Asset Corporation has a 1-year low of $4.69 and a 1-year high of $6.35. The stock has a market capitalization of $598.96 million, a price-to-earnings ratio of 9.45 and a beta of 0.27.
Anworth Mortgage Asset Corporation (NYSE:ANH) last announced its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.01). The company had revenue of $13.89 million for the quarter, compared to analyst estimates of $17.78 million. Anworth Mortgage Asset Corporation had a net margin of 44.13% and a return on equity of 8.83%. The firm’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.15 EPS. Analysts anticipate that Anworth Mortgage Asset Corporation will post $0.53 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 27th. Stockholders of record on Friday, September 29th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 9.77%. The ex-dividend date is Thursday, September 28th. Anworth Mortgage Asset Corporation’s dividend payout ratio is currently 95.24%.
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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