Anworth Mortgage Asset Corporation (ANH) Announces Earnings Results, Hits Estimates
Anworth Mortgage Asset Corporation (NYSE:ANH) released its earnings results on Tuesday. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.12, Bloomberg Earnings reports. Anworth Mortgage Asset Corporation had a return on equity of 8.83% and a net margin of 44.13%. During the same period last year, the firm earned $0.13 earnings per share.
The business also recently announced a quarterly dividend, which was paid on Friday, October 27th. Investors of record on Friday, September 29th were issued a $0.15 dividend. The ex-dividend date was Thursday, September 28th. This represents a $0.60 dividend on an annualized basis and a yield of Infinity.
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A number of research analysts recently issued reports on ANH shares. ValuEngine lowered Anworth Mortgage Asset Corporation from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 26th. Credit Suisse Group AG reiterated a “hold” rating and issued a $6.00 target price on shares of Anworth Mortgage Asset Corporation in a report on Friday, August 4th.
Anworth Mortgage Asset Corporation Company Profile
Anworth Mortgage Asset Corporation is a real estate investment trust (REIT). The Company’s investment objective is to provide risk-adjusted total returns to its stockholders over the long-term primarily through dividends and secondarily through capital appreciation. Its strategy is to invest in residential mortgage-backed securities (MBS) (both Agency MBS and Non-Agency MBS), residential mortgage loans and residential rental properties.
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