Arlington Asset Investment (NYSE:AI) Issues Quarterly Earnings Results

Arlington Asset Investment (NYSE:AI) announced its quarterly earnings data on Thursday. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.26), Fidelity Earnings reports. The firm had revenue of $4.69 million during the quarter. Arlington Asset Investment had a positive return on equity of 15.96% and a negative net margin of 27.63%.

Shares of NYSE:AI traded up $0.02 during trading on Friday, reaching $5.78. 560,517 shares of the company were exchanged, compared to its average volume of 447,914. The firm has a market capitalization of $211.90 million, a PE ratio of 2.81 and a beta of 1.01. The business’s fifty day simple moving average is $5.60 and its 200-day simple moving average is $6.29. Arlington Asset Investment has a 12-month low of $4.79 and a 12-month high of $8.91. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.17 and a quick ratio of 0.17.

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 30th were given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 15.57%. The ex-dividend date of this dividend was Friday, September 27th. Arlington Asset Investment’s dividend payout ratio (DPR) is presently 43.69%.

Several analysts have issued reports on the stock. TheStreet downgraded shares of Arlington Asset Investment from a “c-” rating to a “d+” rating in a research note on Friday, August 16th. Zacks Investment Research raised shares of Arlington Asset Investment from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 8th. TD Securities raised their target price on shares of Arlington Asset Investment from $13.50 to $14.00 and gave the stock a “hold” rating in a research report on Monday, October 21st. ValuEngine raised shares of Arlington Asset Investment from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Finally, Echelon Wealth Partners reaffirmed a “buy” rating and set a $14.00 target price on shares of Arlington Asset Investment in a research report on Sunday, August 11th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $14.00.

Arlington Asset Investment Company Profile

Arlington Asset Investment Corp. (NYSE: AI) is a principal investment firm that currently invests primarily in mortgage-related and other assets. The Company is headquartered in the Washington, DC metropolitan area. For more information, please visit www.arlingtonasset.com.

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Earnings History for Arlington Asset Investment (NYSE:AI)

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