Atrium Mortgage Investment Corp Rating Reiterated by Fundamental Research (AI)
Atrium Mortgage Investment Corp (TSE:AI)‘s stock had its “top pick” rating reiterated by Fundamental Research in a research note issued on Wednesday. They currently have a C$12.23 target price on the stock. Fundamental Research‘s price target would suggest a potential upside of 7.37% from the company’s current price.
The analysts wrote, “Fundamental Research Corp has issued an update entitled “Atrium Mortgage Investment Corporation (TSX: AI) – Reports another strong quarter ” in a report dated August 6, 2014. The full report is now at www.researchfrc.com.
AI is an FRC Top Pick
Atrium Mortgage Investment Corp (TSE:AI) remained flat at $11.39 during during mid-day trading trading on Wednesday. The stock had a trading volume of 9,103 shares. Atrium Mortgage Investment Corp has a 1-year low of $10.00 and a 1-year high of $12.18. The stock’s 50-day moving average is $11.21 and its 200-day moving average is $11.19. The company has a market cap of $277.3 million and a P/E ratio of 12.80.
Atrium Mortgage Investment Corp (TSE:AI) last announced its earnings results on Monday, July 28th. The company reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. Analysts expect that Atrium Mortgage Investment Corp will post $0.91 EPS for the current fiscal year.
The company also recently declared a aug 14 dividend, which is scheduled for Friday, September 12th. Investors of record on Friday, August 29th will be given a dividend of $0.0683 per share.
Atrium Mortgage Investment Corporation (TSE:AI) is a Canada-based company.
To view Fundamental Research’s full report, visit Fundamental Research’s official website.
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