Five Oaks Investment Corp. (OAKS) Receives Consensus Recommendation of “Hold” from Brokerages
Five Oaks Investment Corp. (NYSE:OAKS) has earned a consensus broker rating score of 3.00 (Hold) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two analysts have rated the stock with a hold rating.
Zacks has also assigned Five Oaks Investment an industry rank of 114 out of 265 based on the ratings given to its competitors.
Several analysts have issued reports on OAKS shares. Ladenburg Thalmann Financial Services started coverage on Five Oaks Investment in a report on Tuesday, October 10th. They set a “neutral” rating for the company. Zacks Investment Research lowered Five Oaks Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 14th.
Shares of Five Oaks Investment (NYSE OAKS) opened at $4.09 on Thursday. The company has a quick ratio of 216.96, a current ratio of 216.96 and a debt-to-equity ratio of 21.93. Five Oaks Investment has a fifty-two week low of $3.80 and a fifty-two week high of $5.61. The company has a market capitalization of $90.99, a price-to-earnings ratio of 7.21 and a beta of 1.31.
Five Oaks Investment (NYSE:OAKS) last issued its quarterly earnings data on Monday, November 6th. The real estate investment trust reported $0.11 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.07). Five Oaks Investment had a return on equity of 10.57% and a net margin of 7.08%. The firm had revenue of $4.75 million during the quarter. analysts forecast that Five Oaks Investment will post 0.49 EPS for the current fiscal year.
The business also recently declared a monthly dividend, which was paid on Wednesday, November 29th. Shareholders of record on Wednesday, November 15th were issued a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a yield of 14.67%. The ex-dividend date was Tuesday, November 14th. Five Oaks Investment’s dividend payout ratio is presently 150.00%.
Five Oaks Investment 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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