Headlines about Arlington Asset Investment (NYSE:AI) have trended somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Arlington Asset Investment earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 46.1124584442028 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of research firms have recently commented on AI. Zacks Investment Research raised Arlington Asset Investment from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. FBR & Co reaffirmed a “hold” rating and set a $13.00 target price on shares of Arlington Asset Investment in a research note on Friday, October 27th. Finally, ValuEngine raised Arlington Asset Investment from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $13.75.
Arlington Asset Investment (NYSE AI) traded up $0.11 on Friday, hitting $11.91. The stock had a trading volume of 307,631 shares, compared to its average volume of 469,503. The company has a market capitalization of $332.05, a PE ratio of -8.16 and a beta of 1.06. Arlington Asset Investment has a 1 year low of $10.93 and a 1 year high of $15.51. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.05 and a current ratio of 0.05.
Arlington Asset Investment (NYSE:AI) last released its earnings results on Tuesday, October 24th. The financial services provider reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.15. The firm had revenue of $14.87 million for the quarter, compared to analysts’ expectations of $20.17 million. Arlington Asset Investment had a negative return on equity of 8.36% and a negative net margin of 27.20%. sell-side analysts expect that Arlington Asset Investment will post 0.72 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, December 29th will be paid a $0.55 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $2.20 annualized dividend and a yield of 18.47%. Arlington Asset Investment’s dividend payout ratio (DPR) is currently -150.68%.
In other news, CFO Richard Ernst Konzmann acquired 4,000 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The shares were bought at an average price of $11.34 per share, with a total value of $45,360.00. Following the completion of the purchase, the chief financial officer now directly owns 11,457 shares in the company, valued at $129,922.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO J Rock Tonkel, Jr. acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 3rd. The stock was purchased at an average cost of $11.00 per share, for a total transaction of $55,000.00. Following the purchase, the chief executive officer now owns 327,132 shares of the company’s stock, valued at $3,598,452. The disclosure for this purchase can be found here. In the last three months, insiders purchased 14,000 shares of company stock worth $158,660. 5.90% of the stock is owned by insiders.
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Arlington Asset Investment Company Profile
Arlington Asset Investment Corp. is an investment company. The Company focuses on acquiring and holding a levered portfolio of residential mortgage-backed securities (MBS), consisting of agency MBS and private-label MBS. Agency MBS include residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a United States Government agency or government-sponsored enterprise (GSE), such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).
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