Anworth Mortgage Asset Corp. (ANH) Declares Quarterly Dividend of $0.12
Anworth Mortgage Asset Corp. (NYSE:ANH) announced a quarterly dividend on Monday, September 30th, Stock Ratings Network reports. Stockholders of record on Thursday, October 10th will be paid a dividend of $0.12 per share on Tuesday, October 29th. This represents a $0.48 annualized dividend and a dividend yield of 9.94%.
A number of analysts have recently weighed in on ANH shares. Analysts at TheStreet downgraded shares of Anworth Mortgage Asset Corp. (NYSE:ANH) from a “hold” rating to a “sell” rating in a research note to investors on Friday, August 23rd. On the ratings front, analysts at Wunderlich cut their price target on shares of Anworth Mortgage Asset Corp. (NYSE:ANH) from $6.00 to $5.50 in a research note to investors on Friday, August 2nd. They now have a “hold” rating on the stock. Finally, analysts at RBC Capital cut their price target on shares of Anworth Mortgage Asset Corp. (NYSE:ANH) to $6.00 in a research note to investors on Friday, August 2nd. They now have an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $6.00.
Shares of Anworth Mortgage Asset Corp. (NYSE:ANH) traded down 0.21% on Monday, hitting $4.83. 978,985 shares of the company’s stock traded hands. Anworth Mortgage Asset Corp. has a 52 week low of $4.32 and a 52 week high of $6.70. The stock’s 50-day moving average is $4.60 and its 200-day moving average is $5.45. The company has a market cap of $690.5 million and a P/E ratio of 8.05.
Anworth Mortgage Asset Corp. (NYSE:ANH) last posted its quarterly earnings results on Monday, July 29th. The company reported $0.15 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.13 by $0.02. During the same quarter last year, the company posted $0.18 earnings per share. Analysts expect that Anworth Mortgage Asset Corp. will post $0.55 EPS for the current fiscal year.
Anworth Mortgage Asset Corporation (NYSE:ANH) is a real estate investment trust (REIT).
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