Hunt Companies Finance Trust (NYSE:HCFT) Posts Quarterly Earnings Results, Hits Expectations

Hunt Companies Finance Trust (NYSE:HCFT) released its quarterly earnings results on Thursday. The company reported $0.10 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.10, Fidelity Earnings reports. The firm had revenue of $3.80 million for the quarter. Hunt Companies Finance Trust had a net margin of 18.92% and a return on equity of 8.28%.

Shares of HCFT stock traded up $0.05 during trading on Friday, hitting $3.33. 70,020 shares of the stock traded hands, compared to its average volume of 43,254. The firm has a market capitalization of $78.71 million, a P/E ratio of -10.74 and a beta of 1.27. The company has a debt-to-equity ratio of 5.00, a current ratio of 11.60 and a quick ratio of 11.60. The firm’s fifty day moving average price is $3.32 and its 200-day moving average price is $3.36. Hunt Companies Finance Trust has a 52-week low of $2.76 and a 52-week high of $3.64.

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 9.01%. The ex-dividend date was Friday, September 27th. Hunt Companies Finance Trust’s payout ratio is presently -96.77%.

Several analysts have recently commented on HCFT shares. Zacks Investment Research raised shares of Hunt Companies Finance Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, July 17th. ValuEngine raised shares of Hunt Companies Finance Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 1st.

Hunt Companies Finance Trust Company Profile

Hunt Companies Finance Trust, Inc, a real estate specialty finance company, focuses on investing in portfolio mortgage-backed securities (MBS), mortgages, and other real estate related assets. It invests in agency and non-agency residential MBS, multi-family MBS, mortgage-servicing rights, and other mortgage-related investments.

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Earnings History for Hunt Companies Finance Trust (NYSE:HCFT)

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