Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Five Oaks Investment Corp. (OAKS) Stock Price
Headlines about Five Oaks Investment Corp. (NYSE:OAKS) have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Five Oaks Investment Corp. earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 45.5558242875876 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Five Oaks Investment Corp. (OAKS) traded down 1.4407% during midday trading on Wednesday, reaching $4.1592. The company had a trading volume of 222,069 shares. The stock’s 50 day moving average is $4.38 and its 200-day moving average is $4.82. The stock has a market capitalization of $92.08 million, a PE ratio of 7.0735 and a beta of 1.34. Five Oaks Investment Corp. has a 12-month low of $3.80 and a 12-month high of $6.15.
The company also recently declared a monthly dividend, which will be paid on Wednesday, November 29th. Shareholders of record on Wednesday, November 15th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.60 annualized dividend and a yield of 14.43%. Five Oaks Investment Corp.’s payout ratio is currently 89.55%.
A number of brokerages recently issued reports on OAKS. Ladenburg Thalmann Financial Services began coverage on Five Oaks Investment Corp. in a research report on Tuesday, October 10th. They issued a “neutral” rating on the stock. Zacks Investment Research lowered Five Oaks Investment Corp. from a “hold” rating to a “sell” rating in a research report on Saturday, October 14th.
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Five Oaks Investment Corp. Company Profile
Five Oaks Investment Corp. is a real estate investment trust. The Company is focused on investing on a leveraged basis in mortgage and other real estate-related assets, particularly residential mortgage loans and mortgage-backed securities (MBS). The Company invests in various assets, such as Agency residential MBS (RMBS); securitizations backed by multi-family mortgage loans, or Multi-Family MBS; residential mortgage loans and other mortgage-related investments, including mortgage servicing rights (MSRs), and Non-Agency RMBS.
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