Anworth Mortgage Asset Corporation(NYSE:ANH) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $11.65M. Analysts estimated a revenue of $19.90M. Earnings per share were $0.15. Analysts had estimated an EPS of $0.13.
Anworth Mortgage Asset Corporation (ANH) shares turned negative on Fridays trading session with the shares closing down -0.02 points or -0.40% at a volume of 4,32,040. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $5.04. The peak price level was also seen at $5.04 while the days lowest was $4.99. Finally the shares closed at $5.01. The 52-week high of the shares is $5.29 while the 52-week low is $3.66. According to the latest information available, the market cap of the company is $481 M.
Several Insider Transactions has been reported to the SEC. On Nov 5, 2015, Lee A Iii Ault (director) purchased 41,000 shares at $4.66 per share price.Also, On Aug 10, 2015, Thad M Brown (CFO & Secretary) sold 2,331 shares at $5.10 per share price.On Mar 5, 2015, Mortgage Asset Corp Anworth (director) purchased 30,000 shares at $5.33 per share price, according to the Form-4 filing with the securities and exchange commission.
Anworth Mortgage Asset Corporation is a real estate investment trust. The Company invests in finances and manages a portfolio of residential mortgage-backed securities which are agency mortgage-backed securities. It also owns non-agency mortgage-backed securities issued by companies that are not guaranteed by federally sponsored enterprises and that are secured primarily by first-lien residential mortgage loans. Its investment objective is to provide total returns to its stockholders over the long-term primarily through dividends and secondarily through capital appreciation. Its focus is to invest primarily in mortgage-backed securities (MBS). It also has a small portfolio of residential real estate properties which the Company leases to tenants. It owns around 79 single-family residential properties. Its subsidiaries include Qualified REIT Subsidiary (QRS) Anworth Properties Inc. and Anworth Property Services Inc. It is managed and advised by Anworth Management LLC.