1.5400 +0.01 (0.65%)
After hours: 6:31PM EDT
|Bid||1.5500 x 3200|
|Ask||1.6400 x 3200|
|Day's Range||1.5300 - 1.6500|
|52 Week Range||0.7900 - 3.9500|
|Beta (5Y Monthly)||1.82|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 31, 2020 - Aug 04, 2020|
|Forward Dividend & Yield||0.20 (12.12%)|
|Ex-Dividend Date||May 11, 2020|
|1y Target Est||2.25|
Anworth Mortgage announced the results of its 2020 Annual Meeting of Stockholders held on May 20, 2020, at which all proposals were approved.
Budweiser is bringing the music you love, with stories you've never heard with the launch of a new interactive live music and storytelling series called "Budweiser Rewind". This Saturday, May 16, the iconic beer brand kicks off this new series starting with Black Eyed Peas performing live from Will.i.am's studio in Los Angeles, CA. Concert-goers can tune in to watch on YouTube.
TaxAct® has made filing a tax return even more refreshing this year by partnering with Natural Light to enable its filers to receive a case of Natty for completing their returns by the extended tax deadline of July 15.
Anworth Mortgage announced that the Ser. B Cumulative Convertible Pfd Stock conversion rate will increase to 5.8327 common shares as of May 13, 2020.
Statements made on this earnings call may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended and we hereby claim the protection of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 with respect to any such forward-looking statements. Forward-looking statements are those that predict or describe future events or trends and that do not relate solely to historical matters. You should not rely on our forward-looking statements because the matters they describe are subject to assumptions, known and unknown risks, uncertainties, and other unpredictable factors, many of which are beyond our control.
Anworth Mortgage's Board declared the Q2 Series A, B, and C preferred stock dividends, each payable on July 15, 2020 to holders as of June 30, 2020.
Anworth Mortgage will report its Q1 financial results after market close on May 7, 2020 and will host its earnings call on May 8, 2020 at 1:00 pm ET.
The board of Anworth Mortgage declared a Q1 common stock dividend of $0.05 per share, payable May 29, 2020 to common stockholders as of May 12, 2020.
Anworth Mortgage announced that it has changed the venue of its 2020 Annual Meeting to a strictly virtual meeting format to be held on May 20, 2020.
BetterUp, the market leader and pioneer of mobile, personalized coaching for professionals, announced today that it has partnered with AB InBev (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) to offer a new global pilot program to drive diversity, foster an inclusive work environment, and provide coaching and support in the midst of the COVID-19 crisis.
Anyone researching Anworth Mortgage Asset Corporation (NYSE:ANH) might want to consider the historical volatility of...
One esoteric corner of the financial markets is coming under stress again, just as it did after the Financial Crisis, demonstrating just how big the disruption to financial markets has been.
Natural Light is back for the third consecutive year with $1,000,000 to help fans with college debt as part of their ten year, $10,000,000 commitment to the Natural Light College Debt Relief Program.
Anheuser-Busch InBev today announced a landmark partnership between the iconic Dominican pilsner Presidente Beer and Alex Rodriguez, with the baseball legend and entrepreneur joining as Chairman of Presidente USA.
Natural Light Seltzer is launching its newest flavor, a delicious strawberry-kiwi blend called House Rules, by throwing the most epic house party for the big game alongside Rick Ross on Star Island in Miami, FL on February 2. The best part is...you can get on the guest list.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds' top 3 stock picks returned 34.4% this year and beat the S&P […]
The big shareholder groups in Anworth Mortgage Asset Corporation (NYSE:ANH) have power over the company. Insiders...
Approximately 21 years ago, Rite Aid (NYSE: RAD) traded for over $800. Today, RAD stock is down 59% year-to-date through August 29 and trading below $6.Source: Shutterstock In my most recent article about Rite Aid, Investors Shouldn't Gamble on Rite Aid Stock, I suggested that "unless you were into owning 'cheap trash' stocks that have been mercilessly beaten down over the past few years, RAD stock is not a name I would buy at this point."At the time of the article in late July, the RAD stock price was around $6.56. Since then, it dropped all the way to $5.04 before rebounding slightly.InvestorPlace - Stock Market News, Stock Advice & Trading TipsYes, Rite Aid hired Heyward Donigan as their new CEO. She replaces the outgoing John Standley, who led the drug store chain for nine years. However, this executive shift does nothing to change my opinion of Rite Aid stock. * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off As Charlie Sheen's character Bud Fox would say in Wall Street, "It's a dog with fleas."However, when I noticed that my InvestorPlace colleague David Moadel recently went contrarian by suggesting Rite Aid stock, although risky, could pay off in the future, I just had to revisit this $300-million market capitalization investment.Could RAD stock be the best security available under $6? Why don't we have a look? What Else Is There?I did a quick screen of stocks trading on the New York Stock Exchange with market caps greater than $300 million and trading between $1 and $6. I came up with a list of 90. Rite Aid happened to be the second-smallest stock by market cap ahead of only Anworth Mortgage Asset (NYSE:ANH).Who is the largest market cap trading between $1 and $6?It is Canadian oil and gas producer Encana (NYSE:ECA) at $6.1 billion. Encana once traded above $34 as recently as 2011. However, the oil and gas business hasn't been a peach these last few years.As I write this, it is trading under $4.50, down 25% YTD.However, it released its second quarter of 2019 results in July, and they were better than expected.The company's total revenues were $2.06 billion, well ahead of the $1.73 billion consensus estimate. It was also much improved from $983 million a year earlier. On the bottom line, it had adjusted earnings of $290 million, 46% higher than a year earlier.Encana's Q2 2019 production was 591,800 barrels of oil equivalent per day (BOE/d) compared to 533,200 a year earlier. More importantly, Encana has transitioned to focusing on crude oil rather than natural gas. Oil now accounts for 55% of its production with natural gas accounting for the rest. A few years ago, natural gas was at 95% of its production.The oil industry might be in a downer right now. But from where I sit, ECA shares have to be more attractive to investors than Rite Aid stock.As I scroll through the rest of the list, I've come up with at least five other options that are good alternatives to Rite Aid: Kinross Gold (NYSE:KGC), Aurora Cannabis (NYSE:ACB), Hexo (NYSE:HEXO), Pitney Bowes (NYSE:PBI) and BBX Capital (NYSE:BBX).Unlike Encana, several of these stocks are losing money but provide greater potential upside than RAD stock, with the same amount of risk. The Bottom Line on RAD StockDavid Moadel sees the Amazon (NASDAQ:AMZN) deal to put package pickup locations in 1,500 Rite Aid stores by the end of 2019 as a real benefit to the company. Given early evidence suggests that Kohl's (NYSE:KSS) is benefiting from its relationship with Amazon, it's possible that Rite Aid will experience the same goodwill.However, when there are other potential investments under $6 to consider, why bother? At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off * 7 'Strong Buy' Stocks to Beat Volatility * 7 Mega-Cap Tech Stocks on a Rebound Now The post Is Rite Aid Stock the Best Play Under $6? appeared first on InvestorPlace.