Five Oaks Investment Corp. (OAKS) Scheduled to Post Quarterly Earnings on Tuesday
Five Oaks Investment Corp. (NYSE:OAKS) will be announcing its earnings results after the market closes on Tuesday, November 7th. Analysts expect the company to announce earnings of $0.18 per share for the quarter.
Five Oaks Investment Corp. (NYSE OAKS) opened at 4.15 on Tuesday. Five Oaks Investment Corp. has a 12 month low of $3.80 and a 12 month high of $6.15. The stock has a market capitalization of $91.88 million, a P/E ratio of 7.06 and a beta of 1.33. The company’s 50-day moving average is $4.37 and its 200-day moving average is $4.79.
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 29th. Stockholders of record on Wednesday, November 15th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 14.46%. Five Oaks Investment Corp.’s dividend payout ratio (DPR) is presently 89.55%.
A number of analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Five Oaks Investment Corp. from a “hold” rating to a “sell” rating in a report on Saturday, October 14th. Ladenburg Thalmann Financial Services assumed coverage on shares of Five Oaks Investment Corp. in a report on Tuesday, October 10th. They issued a “neutral” rating on the stock.
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Five Oaks Investment Corp. Company Profile
Five Oaks Investment Corp. is a real estate investment trust. The Company is focused on investing on a leveraged basis in mortgage and other real estate-related assets, particularly residential mortgage loans and mortgage-backed securities (MBS). The Company invests in various assets, such as Agency residential MBS (RMBS); securitizations backed by multi-family mortgage loans, or Multi-Family MBS; residential mortgage loans and other mortgage-related investments, including mortgage servicing rights (MSRs), and Non-Agency RMBS.
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