Firm Capital Mortgage Investment Company (TSE:FC – Get Free Report ) rose above its 200-day moving average during trading on Thursday. The stock's 200-day moving average is C$11.10 and it traded as high as C$11.35. Shares of Firm Capital Mortgage Investment were last traded at C$11.26 with trading volume of 41,007 shares.
Wall Street analysts predict growth
Meanwhile, TD Securities increased their price objective on Firm Capital Mortgage Investments from C$12.00 to C$13.00 and gave the company a “buy” rating in a report on Monday, March 25th.
Check out our latest stock analysis for Firm Capital Mortgage Investment
Firm Capital's mortgage investment transactions increased 1.0%
The company's 50-day moving average is C$10.82 and its 200-day moving average is C$11.10. The company's market capitalization is C$388.36 million, its price-to-earnings ratio is 11.49 and its beta is 1.03. The company's debt-to-equity ratio is 45.79, its current ratio is 10.05 and its quick ratio is 17.11.
Firm Capital Mortgage Investment (TSE:FC – Get free report ) last released its quarterly earnings data on Wednesday, May 8th. The company reported quarterly EPS of C$0.25. The company had revenue of C$16.29 million for the quarter. Firm Capital Mortgage Investment had a net margin of 73.49% and a return on equity of 8.56%. On average, equities analysts expect that Firm Capital Mortgage Investment Co. will post earnings of C$1.0308989 per share for the current year.
Firm Capital Mortgage Investments announces dividend
The company also recently declared a monthly dividend, paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 15th were paid a dividend of $0.078. The ex-dividend date for this dividend is Monday, April 29th. On an annualized basis, this equates to a dividend of $0.94 and a yield of 8.31%. Firm Capital Mortgage Investment's dividend payout ratio is currently 95.92%.
FirmCapital Mortgage Investments Company Profile
(Get your free report)
Firm Capital Mortgage Investment Corporation, through its mortgage banker, Firm Capital Corporation, invests in short-term residential and commercial real estate mortgages and real estate related debt investments in Canada. It originates, finances, purchases and services mortgage investments.
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