Shares of Atrium Mortgage Investment Co. (TSE:AI – Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as C$11.74 and last traded at C$11.68, with a volume of 58892 shares traded. The stock had previously closed at C$11.65.
Wall Street Analysts Forecast Growth
Separately, Fundamental Research set a C$13.03 price objective on shares of Atrium Mortgage Investment and gave the company a “buy” rating in a research report on Tuesday, August 20th.
View Our Latest Stock Report on AI
Atrium Mortgage Investment Trading Down 0.1 %
Atrium Mortgage Investment (TSE:AI – Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported C$0.26 earnings per share for the quarter. Atrium Mortgage Investment had a return on equity of 9.48% and a net margin of 81.77%. The business had revenue of C$24.93 million during the quarter. On average, analysts forecast that Atrium Mortgage Investment Co. will post 1.0608538 earnings per share for the current year.
Atrium Mortgage Investment Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Friday, October 11th. Stockholders of record on Monday, September 30th will be given a $0.075 dividend. The ex-dividend date is Monday, September 30th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 7.59%. Atrium Mortgage Investment’s payout ratio is presently 86.54%.
About Atrium Mortgage Investment
Atrium Mortgage Investment Corporation, a mortgage lender, provides residential and commercial mortgages services in Canada. It offers various types of mortgage loans, such as land and development financing, construction and mezzanine financing, and commercial term and bridge financing services for residential, multi-residential, and commercial real properties.
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