15 cents earnings is 1 cent higher than average expected. Book Value is $4.67. Not bad but don't expect this stock to go to the moon!
Not anytime soon.
If we 5.00 by YOE, I will be happy.
If rates keep falling BV will increase and so will earnings.
ARR is quite disappointing! Not much to say about its earnings which is among the worst performers. It's portfolio is quite save for future environment IMPO.
looks like the market was not impressed positively with the earnings...
Income is net. They are building assets back up after selling of the 30 years, and just left enough so the dividend wouldn't be questioned.
Tell me. Those better performing reits.. do they yield more?
I cannot remember what the BV was last quarter... is 4.67 an increase. I believe they are in the 4.50's last Q.
Buy and Hold, REINVEST the divys and don't worry be happy for many years.
Rates will start to stabilize and we will see PPS increase.
Stockholders' equity as of December 31, 2013 was $1.9 billion or $4.75 per Common share
Sentiment: Strong Buy