News stories about Arlington Asset Investment (NYSE:AI) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest 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 46.0453617901637 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Arlington Asset Investment (AI) opened at $11.75 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.05 and a quick ratio of 0.05. The company has a market cap of $330.64, a PE ratio of -8.05 and a beta of 1.06. Arlington Asset Investment has a 12-month low of $10.93 and a 12-month high of $15.59.
Arlington Asset Investment (NYSE:AI) last announced its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.15. The firm had revenue of $14.87 million during the quarter, compared to the consensus estimate of $20.17 million. Arlington Asset Investment had a negative net margin of 27.20% and a negative return on equity of 8.36%. equities analysts forecast 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 given a $0.55 dividend. The ex-dividend date is Thursday, December 28th. This represents a $2.20 dividend on an annualized basis and a yield of 18.72%. Arlington Asset Investment’s payout ratio is currently -150.68%.
Several research firms recently commented on AI. ValuEngine raised Arlington Asset Investment from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. Zacks Investment Research raised Arlington Asset Investment from a “sell” rating to a “hold” rating in a report on Thursday, November 2nd. Finally, FBR & Co reissued a “hold” rating and set a $13.00 price target on shares of Arlington Asset Investment in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Arlington Asset Investment currently has an average rating of “Hold” and an average target price of $13.75.
In related news, CFO Richard Ernst Konzmann purchased 4,000 shares of Arlington Asset Investment stock in a transaction dated Friday, October 27th. The stock was bought at an average cost of $11.34 per share, for a total transaction of $45,360.00. Following the transaction, the chief financial officer now owns 11,457 shares in the company, valued at $129,922.38. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ralph S. Michael III purchased 5,000 shares of Arlington Asset Investment stock in a transaction dated Monday, October 30th. The shares were bought at an average price of $11.66 per share, with a total value of $58,300.00. Following the completion of the transaction, the director now owns 7,325 shares in the company, valued at approximately $85,409.50. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 14,000 shares of company stock valued at $158,660. 5.90% of the stock is owned by insiders.
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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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