Firm Capital Mortgage Investment (TSE:FC – Free Report) had its price objective upped by TD Securities from C$12.00 to C$13.00 in a research report sent to investors on Monday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
Firm Capital Mortgage Investment Trading Down 0.8 %
Shares of FC stock opened at C$11.43 on Monday. The business has a 50-day moving average price of C$11.42 and a two-hundred day moving average price of C$10.65. Firm Capital Mortgage Investment has a 12-month low of C$9.41 and a 12-month high of C$11.85. The company has a quick ratio of 17.11, a current ratio of 7.72 and a debt-to-equity ratio of 51.19. The firm has a market cap of C$394.22 million, a P/E ratio of 11.78 and a beta of 1.03.
Firm Capital Mortgage Investment (TSE:FC – Get Free Report) last released its earnings results on Wednesday, March 20th. The company reported C$0.24 earnings per share for the quarter. Firm Capital Mortgage Investment had a return on equity of 8.45% and a net margin of 72.84%. The company had revenue of C$18.11 million during the quarter. Equities analysts anticipate that Firm Capital Mortgage Investment will post 1.0302198 EPS for the current fiscal year.
Firm Capital Mortgage Investment Company Profile
Firm Capital Mortgage Investment Corporation, through its mortgage banker, Firm Capital Corporation, provides residential and commercial short-term bridge, and conventional real estate finance in Canada. The company engages in originating, funding, purchasing, and servicing mortgage investments. It also offers mortgage services, such as real estate financing, real estate investment financing, capital market, and loan servicing and advisory services; and a line of lending programs, including construction and development lending, investment property financing, short term lending, bridge finance, mezzanine and equity investments, capital market facilities, alternative residential lending program, and infill construction lending program.
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