|Bid||3.34 x 800|
|Ask||3.34 x 1300|
|Day's Range||3.2801 - 3.3600|
|52 Week Range||2.5500 - 3.9800|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 14, 2019 - Mar 18, 2019|
|Forward Dividend & Yield||0.24 (7.34%)|
|1y Target Est||3.88|
NEW YORK, Jan. 15, 2019 /PRNewswire/ -- Hunt Companies Finance Trust, Inc. (HCFT) today announced that it will redeem all outstanding shares of its 8.75% Series A Cumulative Redeemable Preferred Stock (NYSE:HCFT PR A) (CUSIP:44558T209) (the "Series A Preferred Stock") and that it has entered into a $40.25 million delayed draw credit facility which will mature on February 14, 2025. The new $40.25 million delayed draw credit facility bears interest at an initial fixed rate of 7.25%, which is subject to step up after year 5. The redemption will occur on February 14, 2019 (the "Redemption Date") and holders of shares of our Series A Preferred Stock will receive a redemption price equal to $25 per share, plus accumulated and unpaid dividends thereon to, but not including, the redemption date. HCFT will use the proceeds of the loans under the credit facility to fund the redemption of its Series A Preferred Stock.
NEW YORK , Dec. 7, 2018 /PRNewswire/ -- Hunt Companies Finance Trust, Inc. (NYSE: HCFT) ("we," "HCFT" or "the Company") today announced the declaration of a cash dividend ...
NEW YORK , Nov. 14, 2018 /PRNewswire/ -- Hunt Companies Finance Trust, Inc. (NYSE: HCFT) ("we", "HCFT" or "the Company") today announced its financial results for the third ...
NEW YORK, Nov. 6, 2018 /PRNewswire/ -- Hunt Companies Finance Trust, Inc. (HCFT) (the "Company") today reported that its previously issued audited financial statements (and any related audit of the Company's independent registered public accounting firm, Grant Thornton LLP) contained in the Company's 2016 and 2017 Annual Reports on Form 10-K and the unaudited consolidated financial statements contained in the Company's Quarterly Reports on Form 10-Q for the quarter ended June 30, 2016 and each subsequent quarter through June 30, 2018 (collectively, the "Relevant Periods") need to be restated and should no longer be relied upon. The restatements are due to accounting errors which occurred in fiscal year 2016. The Company determined that it had incorrectly reported a release of credit reserves relating to certain Non-Agency Residential Mortgage Backed Securities ("RMBS") upon the sale of such securities in 2016 and incorrectly reported unrealized losses on Non-Agency RMBS Interest Only Certificates ("RMBS IOs") upon the deconsolidation in 2016 of the JPMMT 2014-OAK4 Trust (the "2016 Errors"). The Company does not believe that the 2016 Errors had any impact to comprehensive income, core earnings, dividend yield, stockholders' equity or book value per share that have been previously reported or will be reported in the future by the Company. Likewise, the 2016 Errors are not expected to impact the Company's previously announced new strategic direction or its qualification as a REIT.
Anyone researching Hunt Companies Finance Trust Inc (NYSE:HCFT) might want to consider the historical volatility of the share price. Volatility is considered to be a measure of risk in modern Read More...
NEW YORK, Sept. 10, 2018 /PRNewswire/ -- Hunt Companies Finance Trust, Inc. (HCFT) announced today the declaration of a cash dividend of $0.06 per share of common stock with respect to the third quarter of 2018. This third quarter common stock dividend is payable on October 15, 2018 to stockholders of record as of the close of business on September 28, 2018. The Company has appointed James A. Briggs as Chief Financial Officer on an interim basis. Mr. Briggs brings more than 30 years of accounting and finance experience in the financial services and real estate industries. He currently also serves as the Chief Accounting Officer for Hunt Real Estate Capital, LLC and several other Hunt affiliates. Prior to his role at Hunt, Mr. Briggs was the Chief Accounting Officer for Centerline Capital Group, a publicly traded specialty finance and investment management business and predecessor company to Hunt Real Estate Capital. Prior to that, Mr. Briggs was the Director of Finance at MRU Holdings. Mr. Briggs has fifteen years of experience from JP Morgan Chase & Co. and its predecessor companies in a variety of accounting and finance roles, including as Head of Valuation Control and CFO for Emerging Markets. Mr. Briggs, a Certified Public Accountant, began his career at Ernst & Young, LLP and earned his B.B.A in Accounting from Iona College.
NEW YORK, Aug. 20, 2018 /PRNewswire/ -- Hunt Companies Finance Trust, Inc. (HCFT) ("HCFT" or the "Company") today announced the closing of Hunt CRE 2018-FL2, Ltd., a $285 million commercial real estate Collateralized Loan Obligation ("CLO"), which financed 20 first lien floating rate commercial real estate mortgage assets acquired from Hunt Real Estate Capital, an affiliate of the Company's external manager. The investment grade classes of the CLO represent 77.0% of the transaction at closing and have a weighted average interest rate at issuance of LIBOR + 1.44%. The Company will retain the non-investment grade bonds and preferred shares of the CLO, which in aggregate have a face value of $65,551,000 at the time of closing.
NEW YORK, NY / ACCESSWIRE / August 10, 2018 / Five Oaks Investment Corp. (NYSE: HCFT ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 10, 2018 at 10:00 AM Eastern ...
On a per-share basis, the New York-based company said it had a loss of 94 cents. Earnings, adjusted for non-recurring costs, came to 9 cents per share. The real estate investment trust posted revenue of ...
NEW YORK , Aug. 9, 2018 /PRNewswire/ -- Hunt Companies Finance Trust (NYSE: HCFT) ("we", "HCFT" or "the Company") today announced its financial results for the second quarter ...
NEW YORK, Aug. 6, 2018 /PRNewswire/ -- Hunt Companies Finance Trust, Inc. (HCFT) ("HCFT" or the "Company") announced today the pricing of Hunt CRE 2018-FL2, Ltd., a $285 million Collateralized Loan Obligation ("CLO") on August 3, 2018. The CLO will be sponsored by Hunt Companies Finance Trust's wholly owned subsidiary Hunt Companies Mortgage Trust and will be comprised of 20 first lien floating rate commercial real estate mortgage assets which, simultaneous with the closing of the CLO, will be acquired from Hunt Real Estate Capital, an affiliate of the Company's external manager. The closing of the CLO is expected on or about August 20, 2018, subject to customary closing conditions.
NEW YORK, Aug. 1, 2018 /PRNewswire/ -- Hunt Companies Finance Trust, Inc. (HCFT) ("HCFT" or the "Company") announced today that it expects to file its Quarterly Report on Form 10-Q for the period ended June 30, 2018 (the "Second Quarter 2018 Report") with the Securities and Exchange Commission on Thursday, August 9, 2018. For those unable to listen to the live broadcast, a recorded replay will be available for on-demand viewing approximately one hour after the end of the event through the Company's website https://huntcompaniesfinancetrust.com and by telephone dial-in. The replay call-in number is +1 (323) 794-2423 with passcode 598630. Hunt Companies Finance Trust, Inc. is a Maryland corporation focused on investing on a leveraged basis in a portfolio of mortgage-backed securities, mortgage loans and other real estate related investments.
NEW YORK , July 3, 2018 /PRNewswire/ -- Hunt Companies Finance Trust, Inc . (NYSE: HCFT) ("we" or "the Company") today announced that on July 2, 2018 , in accordance with the terms ...