Arlington Asset Investment (NYSE:AI) Releases Earnings Results, Misses Estimates By $0.26 EPS

Arlington Asset Investment (NYSE:AI) released its earnings results on Thursday. The financial services provider reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.26), Fidelity Earnings reports. Arlington Asset Investment had a negative net margin of 27.63% and a positive return on equity of 15.96%. The business had revenue of $4.69 million for the quarter.

NYSE:AI traded up $0.02 during midday trading on Friday, hitting $5.78. The stock had a trading volume of 560,517 shares, compared to its average volume of 447,914. Arlington Asset Investment has a one year low of $4.79 and a one year high of $8.91. The company has a market capitalization of $211.90 million, a price-to-earnings ratio of 2.81 and a beta of 1.01. The stock has a 50-day moving average of $5.60 and a 200 day moving average of $6.29. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.26.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 30th were paid a $0.225 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.90 annualized dividend and a yield of 15.57%. Arlington Asset Investment’s dividend payout ratio (DPR) is currently 43.69%.

Several brokerages recently issued reports on AI. Zacks Investment Research raised Arlington Asset Investment from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 8th. Echelon Wealth Partners reissued a “buy” rating and issued a $14.00 price objective on shares of Arlington Asset Investment in a research note on Sunday, August 11th. TD Securities increased their price objective on Arlington Asset Investment from $13.50 to $14.00 and gave the stock a “hold” rating in a research note on Monday, October 21st. ValuEngine raised Arlington Asset Investment from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Finally, TheStreet cut Arlington Asset Investment from a “c-” rating to a “d+” rating in a research note on Friday, August 16th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Arlington Asset Investment presently has a consensus rating of “Hold” and an average price target of $14.00.

Arlington Asset Investment Company Profile

Arlington Asset Investment Corp. (NYSE: AI) is a principal investment firm that currently invests primarily in mortgage-related and other assets. The Company is headquartered in the Washington, DC metropolitan area. For more information, please visit www.arlingtonasset.com.

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Earnings History for Arlington Asset Investment (NYSE:AI)

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