Five Oaks Investment Corp Announces Jul 14 Dividend of $0.13 (OAKS)
Five Oaks Investment Corp (NASDAQ:OAKS) announced a jul 14 dividend on Tuesday, June 17th, StockRatingsNetwork.com reports. Investors of record on Tuesday, July 15th will be paid a dividend of 0.125 per share on Wednesday, July 30th.
OAKS has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Five Oaks Investment Corp from an “outperform” rating to a “neutral” rating in a research note on Monday. They now have a $13.10 price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Five Oaks Investment Corp from $11.50 to $12.00 in a research note on Tuesday, May 6th. They now have a “neutral” rating on the stock.
Five Oaks Investment Corp (NASDAQ:OAKS) traded down 0.33% during mid-day trading on Tuesday, hitting $12.02. The stock had a trading volume of 89,559 shares. Five Oaks Investment Corp has a 52 week low of $9.25 and a 52 week high of $13.75. The stock’s 50-day moving average is $11.88 and its 200-day moving average is $11.29. The company’s market cap is $128.5 million.
Five Oaks Investment Corp (NASDAQ:OAKS) last released its earnings data on Monday, May 5th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.71. Analysts expect that Five Oaks Investment Corp will post $0.79 EPS for the current fiscal year.
Five Oaks Investment Corp. focused on investing in, financing and managing a leveraged portfolio of Agency and Non-Agency residential mortgage-backed securities, or RMBS, residential mortgage loans and other mortgage-related investments.
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