Javelin Mortgage Investment Corp (NYSE:JMI) announced a jul 13 dividend on Thursday, June 13th, StockRatingsNetwork reports. Stockholders of record on Monday, July 15th will be paid a dividend of $0.23 per share on Tuesday, July 30th.
JMI has been the subject of a number of recent research reports. Analysts at Oppenheimer reiterated an “outperform” rating on shares of Javelin Mortgage Investment Corp in a research note to investors on Tuesday. They now have a $17.00 price target on the stock, down previously from $19.00. On a related note, analysts at Ladenburg Thalmann initiated coverage on shares of Javelin Mortgage Investment Corp in a research note to investors on Monday. They set a “buy” rating and a $21.00 price target on the stock. Finally, analysts at Credit Suisse initiated coverage on shares of Javelin Mortgage Investment Corp in a research note to investors on Wednesday, June 5th. They set a “neutral” rating on the stock.
Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $20.22.
Shares of Javelin Mortgage Investment Corp (NYSE: JMI) opened at 15.13 on Thursday. Javelin Mortgage Investment Corp has a one year low of $14.53 and a one year high of $20.20. The stock’s 50-day moving average is currently $17.81. The company has a market cap of $113.5 million and a P/E ratio of 4.03.
JAVELIN Mortgage Investment Corp. is formed to invest in and manage a leveraged portfolio of agency mortgage-backed securities, non-agency mortgage-backed securities and other mortgage-related investments.
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