It appears they have 18B in debt, a negative revenue...How are they going to sevice the debt, pay dividends and make a profit...Is there a wizard behind the curtain...
Are you accounting for the dividends? If you bought in that high you must have owned for quite some time. You probably received a few bucks in divvy payments during that period.
once it goes ex-div, with anticipation of the Fed raising rates in December this stock will drop back down ... I'm watching it hoping to get in lower than $12/share ex-div for a quick trade
Looks like others see this as same as You do, wm, nice move today for some reason. The whole REIT business has been under pressure this past quarter, hopefully better days ahead.
Wow. You must be a psychic or a genius. Earnings out After close today (November 3rd - a month later) and you nailed it. BV of $17.76 vs. MKT Value of $12.23 or 68.9% of book. Also announced they bought back 3.7 million shares of common stock for $50 million in Q3 2015.
Hopefully they keep buying it back and covering the dividend. Outlook from management looks positive based on their current positions (but they say this every quarter... in their defense they have been planning for a rate hike for over a year, so they've been underperforming REITS). I think the rate hike is wayyyy overpriced here and I'm hopeful the Fed gets it over with so the stock can stop feeling the endless pressure.
You are clueless. First of all ANH ws the best performing MREIT YTD because it has been buying back stock. Second, IVR is very cheap; likely 69% or so of current book value; and I suspect they have also bought back stock to support book. Buy a clue!
Sentiment: Strong Buy
Strong sell sounds like are so confident to short it. OK, I take the challenge, you short it, I buy. We will see next year.