Atrium Mortgage Investment Co. (TSE:AI – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$11.00 and traded as low as C$10.62. Atrium Mortgage Investment shares last traded at C$10.65, with a volume of 27,310 shares trading hands.
Wall Street Analyst Weigh In
Separately, Fundamental Research set a C$13.42 price target on Atrium Mortgage Investment and gave the company a “buy” rating in a research note on Wednesday, February 21st.
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Atrium Mortgage Investment Trading Down 1.6 %
Atrium Mortgage Investment (TSE:AI – Get Free Report) last posted its quarterly earnings results on Tuesday, May 14th. The company reported C$0.27 earnings per share (EPS) for the quarter. Atrium Mortgage Investment had a net margin of 83.38% and a return on equity of 10.75%. The business had revenue of C$25.19 million during the quarter. As a group, equities research analysts forecast that Atrium Mortgage Investment Co. will post 1.1699687 EPS for the current year.
Atrium Mortgage Investment Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, July 12th. Investors of record on Friday, June 28th will be paid a $0.075 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 8.45%. The ex-dividend date of this dividend is Friday, June 28th. Atrium Mortgage Investment’s payout ratio is currently 78.95%.
Atrium Mortgage Investment Company Profile
Atrium Mortgage Investment Corporation, a mortgage lender, provides residential and commercial mortgages services in Canada. It offers various types of mortgage loans, such as land and development financing, construction and mezzanine financing, and commercial term and bridge financing services for residential, multi-residential, and commercial real properties.
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