Atrium Mortgage Investment Co. (AI) To Go Ex-Dividend on April 29th

Atrium Mortgage Investment Co. (TSE:AI) declared a monthly dividend on Thursday, April 4th, Zacks reports. Investors of record on Tuesday, April 30th will be paid a dividend of 0.075 per share on Friday, May 10th. This represents a $0.90 dividend on an annualized basis and a yield of 7.99%. The ex-dividend date of this dividend is Monday, April 29th.

Atrium Mortgage Investment Trading Up 0.3 %

Shares of Atrium Mortgage Investment stock opened at C$11.27 on Friday. The firm has a market capitalization of C$496.44 million, a PE ratio of 9.89 and a beta of 1.21. Atrium Mortgage Investment has a twelve month low of C$9.76 and a twelve month high of C$11.99. The firm’s 50-day moving average price is C$11.30 and its 200 day moving average price is C$10.85. The company has a current ratio of 41.61, a quick ratio of 102.54 and a debt-to-equity ratio of 77.81.

Atrium Mortgage Investment (TSE:AI) last issued its quarterly earnings results on Thursday, February 15th. The company reported C$0.26 earnings per share for the quarter. The firm had revenue of C$25.91 million for the quarter. Atrium Mortgage Investment had a net margin of 83.38% and a return on equity of 10.75%. On average, sell-side analysts predict that Atrium Mortgage Investment will post 1.1501502 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Fundamental Research set a C$13.42 price objective on shares of Atrium Mortgage Investment and gave the company a “buy” rating in a report on Wednesday, February 21st. Laurentian downgraded shares of Atrium Mortgage Investment from a “buy” rating to a “hold” rating and set a C$13.00 price objective for the company. in a report on Monday, January 22nd.

Atrium Mortgage Investment Company Profile

Atrium Mortgage Investment Corporation, a mortgage lender, provides residential and commercial mortgages services in Canada. It offers various types of mortgage loans, such as land and development financing, construction and mezzanine financing, and commercial term and bridge financing services for residential, multi-residential, and commercial real properties.