News headlines about Five Oaks Investment Corp. (NYSE:OAKS) have trended positive on Saturday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Five Oaks Investment Corp. earned a coverage optimism score of 0.31 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 100 out of 100, indicating that recent press coverage is extremely likely to have an impact on the stock’s share price in the next several days.
Shares of Five Oaks Investment Corp. (NYSE OAKS) remained flat at $4.88 during midday trading on Friday. The stock had a trading volume of 108,106 shares. Five Oaks Investment Corp. has a 12 month low of $4.52 and a 12 month high of $6.15. The firm has a market cap of $85.59 million, a P/E ratio of 9.61 and a beta of 1.29. The stock’s 50 day moving average is $4.93 and its 200-day moving average is $5.16.
Five Oaks Investment Corp. (NYSE:OAKS) last issued its earnings results on Wednesday, May 10th. The real estate investment trust reported $0.15 EPS for the quarter, missing the consensus estimate of $0.20 by $0.05. Five Oaks Investment Corp. had a return on equity of 11.34% and a net margin of 11.47%. The company had revenue of $5.78 million during the quarter. On average, equities research analysts anticipate that Five Oaks Investment Corp. will post $0.73 earnings per share for the current year.
The business also recently announced a monthly dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Tuesday, August 15th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.60 annualized dividend and a yield of 12.30%. Five Oaks Investment Corp.’s dividend payout ratio is currently 120.00%.
In related news, CEO David C. Carroll bought 10,000 shares of the business’s stock in a transaction on Friday, June 16th. The stock was acquired at an average price of $4.67 per share, for a total transaction of $46,700.00. Following the purchase, the chief executive officer now directly owns 65,384 shares in the company, valued at $305,343.28. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.92% of the stock is owned by company insiders.
Five Oaks Investment Corp. Company Profile
Five Oaks Investment Corp. is a real estate investment trust. The Company is focused on investing on a leveraged basis in mortgage and other real estate-related assets, particularly residential mortgage loans and mortgage-backed securities (MBS). The Company invests in various assets, such as Agency residential MBS (RMBS); securitizations backed by multi-family mortgage loans, or Multi-Family MBS; residential mortgage loans and other mortgage-related investments, including mortgage servicing rights (MSRs), and Non-Agency RMBS.
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