Arlington Asset Investment Corp (AI) Earns Daily News Sentiment Score of 0.11
Headlines about Arlington Asset Investment Corp (NYSE:AI) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Arlington Asset Investment Corp earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.5782010886718 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Arlington Asset Investment Corp (NYSE AI) traded up 0.86% on Thursday, reaching $12.92. 258,326 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is $13.24 and its 200 day moving average price is $14.08. The company’s market cap is $335.27 million. Arlington Asset Investment Corp has a 12 month low of $12.62 and a 12 month high of $17.13.
Arlington Asset Investment Corp (NYSE:AI) last announced its quarterly earnings results on Monday, July 24th. The financial services provider reported $0.58 EPS for the quarter, missing the Zacks’ consensus estimate of $0.60 by $0.02. Arlington Asset Investment Corp had a negative net margin of 33.84% and a negative return on equity of 10.44%. The company had revenue of $18.93 million during the quarter, compared to analyst estimates of $20.28 million. Equities research analysts predict that Arlington Asset Investment Corp will post $2.31 EPS for the current fiscal year.
Several research firms recently weighed in on AI. Zacks Investment Research upgraded shares of Arlington Asset Investment Corp from a “strong sell” rating to a “hold” rating in a research note on Monday, July 31st. BidaskClub upgraded shares of Arlington Asset Investment Corp from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 5th. ValuEngine cut shares of Arlington Asset Investment Corp from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Singular Research began coverage on shares of Arlington Asset Investment Corp in a research note on Tuesday, August 1st. They issued a “buy” rating and a $14.25 target price for the company. Finally, Maxim Group reiterated a “buy” rating and issued a $14.00 target price (down previously from $16.00) on shares of Arlington Asset Investment Corp in a research note on Monday, July 24th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $15.15.
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Arlington Asset Investment Corp Company Profile
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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