News headlines about Arlington Asset Investment (NYSE:AI) have been trending somewhat positive on Thursday, according to Accern Sentiment. Accern rates the sentiment of news coverage by monitoring more than 20 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. Arlington Asset Investment earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.0407772466325 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have impacted Accern’s analysis:
- Arlington Asset Investment Corp (AI) Receives Consensus Recommendation of “Buy” from Analysts (americanbankingnews.com)
- Arlington Asset Investment (AI) Upgraded to “Strong-Buy” by Zacks Investment Research (americanbankingnews.com)
- Arlington Asset Investment Corp Expected to Post FY2017 Earnings of $0.61 Per Share (AI) (americanbankingnews.com)
- Arlington Asset Investment Corp Forecasted to Post Q1 2019 Earnings of $0.36 Per Share (AI) (americanbankingnews.com)
- Head-To-Head Analysis: BlackRock (BLK) & Arlington Asset Investment (AI) (americanbankingnews.com)
Several research analysts recently issued reports on AI shares. Zacks Investment Research lowered Arlington Asset Investment from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. FBR & Co reaffirmed a “hold” rating and set a $13.00 target price on shares of Arlington Asset Investment in a research report on Friday, October 27th. Finally, ValuEngine raised Arlington Asset Investment from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $13.81.
Arlington Asset Investment (NYSE:AI) last announced its earnings results on Tuesday, October 24th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.15. Arlington Asset Investment had a negative return on equity of 8.36% and a negative net margin of 27.20%. The company had revenue of $14.87 million for the quarter, compared to analyst estimates of $20.17 million. equities analysts predict that Arlington Asset Investment will post 0.61 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th will be paid a dividend of $0.55 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $2.20 annualized dividend and a yield of 18.55%. Arlington Asset Investment’s payout ratio is presently -150.68%.
In other news, CEO J Rock Tonkel, Jr. purchased 5,000 shares of the company’s stock in a transaction on Friday, November 3rd. The shares were acquired at an average price 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 in the company, valued at $3,598,452. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Richard Ernst Konzmann purchased 4,000 shares of the company’s stock in a transaction on Friday, October 27th. The shares were purchased at an average price of $11.34 per share, for a total transaction of $45,360.00. Following the purchase, the chief financial officer now owns 11,457 shares in the company, valued at approximately $129,922.38. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 14,000 shares of company stock worth $158,660. Company insiders own 5.90% of the company’s stock.
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About Arlington Asset Investment
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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