Anworth Mortgage Asset (NYSE:ANH) posted its quarterly earnings results on Wednesday, February 14th. The real estate investment trust reported $0.14 EPS for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.01, Bloomberg Earnings reports. The business had revenue of $19.64 million for the quarter, compared to analysts’ expectations of $17.19 million. Anworth Mortgage Asset had a return on equity of 9.46% and a net margin of 36.20%. During the same period last year, the firm earned $0.13 earnings per share.
Anworth Mortgage Asset (ANH) traded up $0.02 on Thursday, reaching $4.77. The company had a trading volume of 50,825 shares, compared to its average volume of 673,531. The stock has a market capitalization of $466.03, a price-to-earnings ratio of 10.33 and a beta of 0.01. Anworth Mortgage Asset has a 12 month low of $4.58 and a 12 month high of $6.35. The company has a current ratio of 46.47, a quick ratio of 46.47 and a debt-to-equity ratio of 1.17.
The business also recently declared a quarterly dividend, which was paid on Monday, January 29th. Investors of record on Friday, December 29th were given a $0.15 dividend. The ex-dividend date was Thursday, December 28th. This represents a $0.60 annualized dividend and a yield of 12.58%. Anworth Mortgage Asset’s dividend payout ratio is currently 130.43%.
Separately, ValuEngine cut Anworth Mortgage Asset from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 26th.
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About Anworth Mortgage Asset
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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