News stories about Owens Realty Mortgage (NYSE:ORM) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Owens Realty Mortgage earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.4680009481187 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Owens Realty Mortgage (NYSE ORM) opened at 17.23 on Friday. The company has a market capitalization of $175.80 million and a price-to-earnings ratio of 6.42. The firm has a 50-day moving average price of $17.00 and a 200-day moving average price of $17.07. Owens Realty Mortgage has a 12 month low of $15.54 and a 12 month high of $19.16.
Owens Realty Mortgage (NYSE:ORM) last announced its quarterly earnings results on Tuesday, August 8th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter. The company had revenue of $3.87 million during the quarter. Owens Realty Mortgage had a net margin of 5.42% and a return on equity of 0.36%. On average, equities analysts anticipate that Owens Realty Mortgage will post $3.50 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Thursday, July 13th. Stockholders of record on Friday, June 30th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, June 28th. This is an increase from Owens Realty Mortgage’s previous quarterly dividend of $0.08. This represents a $0.40 annualized dividend and a dividend yield of 2.32%.
Owens Realty Mortgage declared that its Board of Directors has initiated a stock repurchase program on Tuesday, June 13th that authorizes the company to buyback $10.00 million in shares. This buyback authorization authorizes the financial services provider to purchase up to 5.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.
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Owens Realty Mortgage Company Profile
Owens Realty Mortgage, Inc is a specialty finance company that focuses on the origination, investment and management of commercial real estate loans, primarily in the Western United States. The Company’s segments include commercial real estate, residential real estate and land loans. The Company provides short-term loans to small and middle-market investors and developers that require speed and flexibility.
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