|Bid||18.31 x 1000|
|Ask||19.09 x 900|
|Day's Range||18.40 - 18.64|
|52 Week Range||14.90 - 25.50|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||10.24|
|Earnings Date||Nov 04, 2021|
|Forward Dividend & Yield||2.24 (13.66%)|
|Ex-Dividend Date||Jun 29, 2022|
|1y Target Est||23.15|
For the first half of 2022, the S&P 500 fell 20.6%, its worst showing since 1970. The U.S. inflation rate for June was 9.1%. Economists are looking for it to go even higher in the months ahead. At the end of July, the Federal Reserve hiked its Fed Funds rate 75 basis points, the second consecutive time it’s done so. The benchmark Fed Funds rate is what the Federal Reserve charges banks for overnight borrowing. On top of that, a blowout nonfarm payroll jobs report for June showed an increase of 5
These two companies are already profitable, and at their current share prices, they're solid long-term buys.
AFC Gamma Inc. (AFCG) delivered earnings and revenue surprises of 15% and 20.28%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?