Atrium Mortgage Investment Co. (TSE:AI – Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$10.86 and traded as low as C$10.86. Atrium Mortgage Investment shares last traded at C$11.00, with a volume of 51,869 shares traded.
Analyst Ratings Changes
A number of brokerages have commented on AI. Laurentian cut Atrium Mortgage Investment from a “buy” rating to a “hold” rating and set a C$13.00 price target for the company. in a research report on Monday, January 22nd. Fundamental Research set a C$13.42 target price on Atrium Mortgage Investment and gave the stock a “buy” rating in a research report on Wednesday, February 21st.
Read Our Latest Stock Report on AI
Atrium Mortgage Investment Price Performance
Atrium Mortgage Investment (TSE:AI – Get Free Report) last released its earnings results on Thursday, February 15th. The company reported C$0.26 earnings per share (EPS) for the quarter. Atrium Mortgage Investment had a return on equity of 10.75% and a net margin of 83.38%. The firm had revenue of C$25.91 million during the quarter. Research analysts predict that Atrium Mortgage Investment Co. will post 1.1501502 EPS for the current year.
Atrium Mortgage Investment Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, May 10th. Investors of record on Tuesday, April 30th will be paid a dividend of $0.075 per share. This represents a $0.90 dividend on an annualized basis and a yield of 8.18%. The ex-dividend date of this dividend is Monday, April 29th. Atrium Mortgage Investment’s payout ratio is presently 78.95%.
Atrium Mortgage Investment Company Profile
Atrium Mortgage Investment Corporation, a mortgage lender, provides residential and commercial mortgages services in Canada. It offers various types of mortgage loans, such as land and development financing, construction and mezzanine financing, and commercial term and bridge financing services for residential, multi-residential, and commercial real properties.
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