ORM - Owens Realty Mortgage, Inc.

NYSE American - NYSE American Delayed Price. Currency in USD
19.27
-0.31 (-1.58%)
At close: 4:00PM EST
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Previous Close19.58
Open19.62
Bid0.00 x 900
Ask0.00 x 1800
Day's Range19.27 - 19.75
52 Week Range13.71 - 20.40
Volume20,494
Avg. Volume29,578
Market Cap163.465M
Beta (3Y Monthly)-0.12
PE Ratio (TTM)N/A
EPS (TTM)-0.15
Earnings DateMay 11, 2017 - May 12, 2017
Forward Dividend & Yield0.80 (3.99%)
Ex-Dividend Date2018-09-27
1y Target Est18.25
Trade prices are not sourced from all markets
  • ACCESSWIRE2 days ago

    WeissLaw LLP Investigates Owens Realty Mortgage, Inc.

    NEW YORK, NY / ACCESSWIRE / November 15, 2018 / WeissLawLLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Owens Realty Mortgage, Inc. ("ORM" ...

  • GlobeNewswire3 days ago

    Report: Developing Opportunities within Owens Realty Mortgage, Inuvo, Nam Tai Property, American Superconductor, Bel Fuse, and Allot Communications — Future Expectations, Projections Moving into 2018

    NEW YORK, Nov. 15, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • GlobeNewswire3 days ago

    Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Owens Realty Mortgage, Inc. (ORM) on Behalf of Stockholders and Encourages ORM Investors to Contact the Firm

    NEW YORK, Nov. 14, 2018 -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Owens Realty Mortgage, Inc. (NYSE: ORM) on behalf.

  • PR Newswire5 days ago

    ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Owens Realty Mortgage, Inc.

    NEW YORK , Nov. 12, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Owens Realty Mortgage, Inc. (NYSE: ORM) and its board of directors for breach of fiduciary duty concerning ...

  • GlobeNewswire5 days ago

    SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Owens Realty Mortgage, Inc. to Ready Capital Corporation is Fair to Shareholders

    NEW YORK, Nov. 12, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Owens Realty Mortgage, Inc..

  • Associated Press10 days ago

    Owens Realty: 3Q Earnings Snapshot

    The Walnut Creek, California-based company said it had profit of 26 cents per share. The real estate investment trust posted revenue of $4.7 million in the period. Owens Realty shares have declined roughly ...

  • PR Newswire10 days ago

    Owens Realty Mortgage, Inc. Reports Third Quarter 2018 Financial Results

    WALNUT CREEK, Calif. , Nov. 7, 2018 /PRNewswire/ -- Owens Realty Mortgage, Inc. (the "Company") (NYSE American: ORM) today reported financial results for the third quarter ended September 30, ...

  • PR Newswire10 days ago

    Ready Capital Announces Merger With Owens Realty Mortgage

    NEW YORK, Nov. 7, 2018 /PRNewswire/ -- Ready Capital Corporation (RC) ("Ready Capital"), a multi-strategy real estate finance company that originates, acquires, finances and services small to medium-sized balance commercial loans, today announced it has entered into a definitive merger agreement to combine in a stock-for-stock merger with Owens Realty Mortgage, Inc., (ORM) ("ORM" or "Owens Realty Mortgage") a specialty finance REIT that focuses on the origination, investment and management of small-balance and middle-market commercial real estate loans. The combined company, which will operate under the name Ready Capital, is expected to have pro forma equity capital in excess of $750M. Under the terms of the agreement, each ORM share will be converted into 1.441 Ready Capital shares, based on a fixed exchange ratio.

  • PR Newswire10 days ago

    Ready Capital Announces Merger With Owens Realty Mortgage

    NEW YORK, Nov. 7, 2018 /PRNewswire/ -- Ready Capital Corporation (RC) ("Ready Capital"), a multi-strategy real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans, today announced it has entered into a definitive merger agreement to combine in a stock-for-stock merger with Owens Realty Mortgage, Inc., (ORM) ("ORM" or "Owens Realty Mortgage") a specialty finance REIT that focuses on the origination, investment and management of small-balance and middle-market commercial real estate loans. The combined company, which will operate under the name Ready Capital, is expected to have pro forma equity capital in excess of $750M. Under the terms of the agreement, each ORM share will be converted into 1.441 Ready Capital shares, based on a fixed exchange ratio.

  • PR Newswire16 days ago

    Owens Realty Mortgage, Inc. Schedules Third Quarter 2018 Earnings Conference Call

    WALNUT CREEK, Calif., Nov. 1, 2018 /PRNewswire/ -- Owens Realty Mortgage, Inc. (NYSE American: ORM) announced today that it will release its third quarter 2018 financial results after the market closes on Thursday, November 8, 2018 and will host a conference call to discuss the results on Friday, November 9, 2018 at 10:00 a.m. PT / 1:00 p.m. ET. To participate in the call, please dial (844) 850-0545 (United States) or (412) 317-5202 (International) and request the Owens Realty Mortgage call. A live webcast of the call will also be available on the Investor Relations section of the Company's website at http://www.owensmortgage.com.  Please allow 10 minutes prior to the call to visit this site to download and install any necessary audio software.

  • PR Newswire2 months ago

    Owens Realty Mortgage, Inc. Announces Third Quarter 2018 Common Stock Dividend

    WALNUT CREEK, Calif. , Sept. 17, 2018 /PRNewswire/ -- Owens Realty Mortgage, Inc. (NYSE American: ORM) announced today that its Board of Directors has declared a quarterly dividend of $0.20 per share of ...

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of ORM earnings conference call or presentation 10-May-18 5:00pm GMT

    Q1 2018 Owens Realty Mortgage Inc Earnings Call

  • PR Newswire2 months ago

    Owens Realty Mortgage, Inc. Announces Amendment and Restatement of Secured Revolving Credit Facility

    WALNUT CREEK, Calif., Sept. 6, 2018 /PRNewswire/ -- Owens Realty Mortgage, Inc. (NYSE American: ORM) announced today that it has entered into a Second Amended and Restated Credit Agreement with ZB, N.A. dba California Bank & Trust as administrative agent, swingline lender and a lender, and First Bank and Umpqua Bank as additional lenders (the "Restated Credit Agreement"). Pursuant to the Restated Credit Agreement, the lenders have agreed to continue to provide ORM with a $75.0 million secured revolving credit facility (the "Credit Facility"), subject to borrowing limits determined in accordance with borrowing base calculations that depend on the underlying collateral of ORM.  The Restated Credit Agreement also includes an option for ORM to increase the maximum available principal amount to up to $95.0 million, subject to one or more new or existing lenders agreeing to provide such additional loan commitments and satisfaction of other customary conditions.

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of ORM earnings conference call or presentation 9-Aug-18 5:00pm GMT

    Q2 2018 Owens Realty Mortgage Inc Earnings Call

  • Associated Press3 months ago

    Owens Realty: 2Q Earnings Snapshot

    The Walnut Creek, California-based company said it had net income of 26 cents per share. The real estate investment trust posted revenue of $4.3 million in the period. Owens Realty shares have risen almost ...

  • PR Newswire3 months ago

    Owens Realty Mortgage, Inc. Appoints Gilbert Nathan and Benjamin Smeal to the Company's Board of Directors

    WALNUT CREEK, Calif., Aug. 8, 2018 /PRNewswire/ -- Owens Realty Mortgage, Inc. (NYSE American: ORM) (the "Company"), a specialty finance mortgage company, announced that, effective August 6, 2018, the Company has increased the authorized number of directors of the Company from six to eight and appointed Mr. Gilbert E. Nathan as an independent Class I director and Mr. Benjamin Smeal as an independent Class III director to fill the vacancies created by such increase. The initial term of Mr. Nathan, as a Class I director, will expire at the annual meeting of stockholders of the Company to be held in 2020 and upon election and qualification of his successor.

  • PR Newswire3 months ago

    Owens Realty Mortgage, Inc. Reports Second Quarter 2018 Financial Results

    WALNUT CREEK, Calif. , Aug. 8, 2018 /PRNewswire/ -- Owens Realty Mortgage, Inc. (the "Company") (NYSE American: ORM) today reported financial results for the second quarter ended June 30, 2018 ...

  • PR Newswire4 months ago

    Owens Realty Mortgage, Inc. Schedules Second Quarter 2018 Earnings Conference Call

    WALNUT CREEK, Calif., July 27, 2018 /PRNewswire/ -- Owens Realty Mortgage, Inc. (NYSE American: ORM) announced today that it will release its second quarter 2018 financial results after the market closes on Wednesday, August 8, 2018 and will host a conference call to discuss the results on Thursday, August 9, 2018 at 10:00 a.m. PT / 1:00 p.m. ET. To participate in the call, please dial (844) 850-0545 (United States) or (412) 317-5202 (International) and request the Owens Realty Mortgage call. A live webcast of the call will also be available on the Investor Relations section of the Company's website at http://www.owensmortgage.com.  Please allow 10 minutes prior to the call to visit this site to download and install any necessary audio software.

  • PR Newswire4 months ago

    Owens Realty Mortgage, Inc. Provides 2018 Annual Meeting Update

    As announced earlier today in a Board composition update, the Board is in the process of adding two independent directors suggested by the Company's largest stockholder at the Board's request. The Board will continue to solicit proxies from stockholders with respect to the proposals set forth in the Company's definitive proxy statement, filed with the Securities and Exchange Commission on June 8, 2018 (the "Proxy Statement") during the period of the adjournment.  The record date for the Annual Meeting has not changed.  Only stockholders of record on the record date of May 31, 2018 are entitled to and are being requested to vote, as more fully described in the Proxy Statement.

  • PR Newswire4 months ago

    Owens Realty Mortgage, Inc. Provides Board Composition Update

    The Board's commitment to valuing the input of the Company's stockholders remains steadfast, including with respect to board composition. Consistent with this commitment, the Board requested the Company's largest stockholder – with whom the Company has proudly maintained a constructive dialogue over the years - to suggest two independent directors for the Board to consider.  The Board has interviewed these highly qualified and independent individuals and, subject to customary diligence, will expand by two seats so they can be appointed as directors.

  • PR Newswire4 months ago

    Owens Urges Stockholders That Have Not Yet Voted To Vote On The White Proxy Card

    IF YOU HAVE ALREADY VOTED FOR BRYAN DRAPER AND JIM KESSLER, THANK YOU, AND YOU CAN DISREGARD THIS LETTER. The future of Owens Realty Mortgage will be decided in less than a week at our Annual Meeting of Stockholders scheduled for July 16th.  When you lay out the path your Board has successfully forged for the Company and all stockholders as opposed to the path the Hovde Group plans to take, the choice is clear – vote on the WHITE card for Bryan H. Draper and James M. Kessler.

  • PR Newswire4 months ago

    Owens Realty Mortgage, Inc. Sends Letter Setting The Record Straight And Refuting The Hovde Group's False Assertions

    WALNUT CREEK, Calif., July 5, 2018 /PRNewswire/ -- Owens Realty Mortgage, Inc. (NYSE American: ORM) (the "Company" or "ORM") today announced that it has sent a letter to its stockholders. If you support directors that continue to execute our strategic plan to return capital to stockholders through consistent and growing dividends, responsible stock repurchases and deploying capital to drive future dividend yield and equity growth – vote for Bryan Draper and James Kessler on the WHITE proxy card today.

  • PR Newswire5 months ago

    Owens Realty Mortgage, Inc. Sends Letter Detailing Why Stockholders Should Vote For Bryan Draper And James Kessler

    WALNUT CREEK, Calif., June 29, 2018 /PRNewswire/ -- Owens Realty Mortgage, Inc. (NYSE American: ORM) (the "Company") today announced that it has sent a letter to its stockholders. Do you want directors who have proposed a plan that would result in a short-term liquidation of the Company, that may result in dramatic destruction of stockholder value, or directors that continue to execute our plan to return capital to stockholders through consistent and growing dividends, responsible stock repurchases and deploying capital to drive future yield and equity growth? In fact, since the Company's public listing as a REIT1, our strategic plan has achieved an 87.0% total stockholder return.

  • PR Newswire5 months ago

    Owens Realty Mortgage, Inc. Appoints Ann Marie Mehlum To The Company's Board of Directors

    WALNUT CREEK, Calif., June 27, 2018 /PRNewswire/ -- Owens Realty Mortgage, Inc. (NYSE American: ORM) (the "Company"), a specialty finance mortgage company, announced that it has appointed Ann Marie Mehlum to its Board of Directors (the "Board") as an independent Class I director, effective today. "We are excited to have Ann join our Board," said Dennis Schmal, the Company's independent Chairman of the Board.  "Ann brings a wealth of experience in various markets, such as commercial lending, regulatory compliance and financial management through her service as a CEO and director of a bank, and we expect her to add immediate value to the boardroom as we continue to execute on a strategy to maximize value to all stockholders over the long term. In addition to increasing diversity on our Board, we continue to make strides in the execution of our strategic plan, which we expect will increase capital returns to stockholders and close the gap between our NAV and stock price.