Arlington Asset Investment (AI) Scheduled to Post Earnings on Monday

Arlington Asset Investment (NYSE:AI) will be posting its quarterly earnings results after the market closes on Monday, April 23rd. Analysts expect Arlington Asset Investment to post earnings of $0.53 per share for the quarter.

Arlington Asset Investment (NYSE:AI) last issued its earnings results on Tuesday, February 6th. The financial services provider reported $0.58 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.38. The company had revenue of $15.66 million for the quarter, compared to analysts’ expectations of $18.14 million. Arlington Asset Investment had a net margin of 14.42% and a return on equity of 4.68%.

Shares of NYSE:AI opened at $11.16 on Friday. The firm has a market cap of $317.14, a price-to-earnings ratio of 16.91 and a beta of 0.67. Arlington Asset Investment has a 1-year low of $9.90 and a 1-year high of $15.17. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.03 and a current ratio of 1.12.

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Shareholders of record on Thursday, March 29th will be issued a dividend of $0.55 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 19.71%. Arlington Asset Investment’s dividend payout ratio (DPR) is 333.33%.

A number of analysts have weighed in on the stock. Zacks Investment Research raised shares of Arlington Asset Investment from a “hold” rating to a “strong-buy” rating and set a $14.00 target price on the stock in a report on Monday, January 15th. B. Riley dropped their target price on shares of Arlington Asset Investment from $13.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, February 8th. Finally, ValuEngine raised shares of Arlington Asset Investment from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $13.45.

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About Arlington Asset Investment

Arlington Asset Investment Corp. (NYSE: AI) is a principal investment firm that currently invests primarily in mortgage-related and other assets. The Company is headquartered in the Washington, DC metropolitan area. For more information, please visit www.arlingtonasset.com.

Earnings History for Arlington Asset Investment (NYSE:AI)

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