UP!

ANH $11.45   View long term graphs

Anworth Mortgage Asset Corporation
Type
Public company
Traded as NYSE: ANH
Industry Real estate investment trust
Founded October 20, 1997; 20 years ago (October 20, 1997)
Founder Joseph Lloyd McAdams
Headquarters Santa Monica, California
Key people
Joseph Lloyd McAdams, Chairman & CEO
CHARLES J. SIEGEL, CFO
JOSEPH E. MCADAMS, CIO
Revenue Decrease $0.140 billion (2016)
Net income
Decrease $0.022 billion (2016)
Total assets Increase $5.395 billion (2016)
Total equity Decrease $0.631 billion (2016)
Number of employees
0
Website www.anworth.com

Anworth Mortgage Asset Corporation is a mortgage real estate investment trust.

The company borrows money, primarily via short term repurchase agreements, and reinvests the proceeds in asset-backed securities. As of December 31, 2016, 73% of the company's assets were mortgage-backed securities issued by either Fannie Mae or Freddie Mac. The company generates profits from the net interest spread between the interest earned from its assets and its borrowing costs, which is amplified from the use of leverage. As of December 31, 2016, the company had a debt-to-equity ratio of 5.65.

As of December 31, 2016, the weighted average days to maturity of its repurchase agreements was 37 days.

The company is externally managed by Anworth Management, LLC, which owned by executives of the company; the company pays an annual fee of 1.20% of equity for management services.

On March 17, 1998, the company commenced operations and became a public company via an initial public offering.

In August 2007, the company's subsidiary, Belvedere Trust Mortgage Corporation, received a notice of default.

Effective December 31, 2015, Thad M. Brown retired from his position as chief financial officer and was replaced by Charles J. Siegel.

News

Anworth Mortgage Asset Corporation -0.6% (real estate)

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2020 2020-11-02 Future report Set alerts
Q2 2020 2020-08-03 0.00 0.00
Q1 2020 2020-05-07 0.09 -1.90
Q4 2019 2020-02-25 0.07 0.27
Q3 2019 2019-11-04 0.08 -0.20
Q2 2019 2019-08-02 0.10 -0.51
Q1 2019 2019-05-03 0.12 -0.23
Q4 2018 2019-02-14 0.11 -0.39
Q3 2018 2018-11-02 0.12 0.15
Q2 2018 2018-08-02 0.13 0.13

Ratings

2015-11-04 Reiterated Rating Keefe, Bruyette & Woods Hold $5.80 to $5.60
2015-11-03 Lower Price Target Deutsche Bank Hold $5.75 to $5.50
2015-11-03 Lower Price Target Deutsche Bank AG Hold $5.75 to $5.50
2015-08-05 Boost Price Target Keefe, Bruyette & Woods Market Perform $5.50 to $5.80
2015-06-29 Reiterated Rating Credit Suisse Neutral $5.50
2015-06-29 Reiterated Rating Credit Suisse Group AG Neutral $5.50
2015-05-01 Lower Price Target Keefe, Bruyette & Woods Market Perform $5.80 to $5.50
2015-02-17 Boost Price Target Keefe, Bruyette & Woods Market Perform $5.40 to $5.80
2014-05-01 Reiterated Rating Deutsche Bank Hold $5.50
2014-03-24 Downgrade Compass Point Buy to Neutral
2014-03-10 Boost Price Target FBR & Co. Market Perform $4.75 to $5.25
2013-11-12 Lower Price Target FBR & Co. Market Perform $5.50 to $4.75
2013-11-06 Lower Price Target Compass Point Buy $6.25 to $5.50
2013-11-04 Lower Price Target Wunderlich Hold $5.50 to $5.00
2013-11-01 Lower Price Target Credit Suisse Underperform $5.50 to $5.00
2013-11-01 Downgrade Keefe, Bruyette & Woods Outperform to Market Perform
2012-10-29 Downgrade Maxim Group Buy to Hold
2012-07-03 Downgrade Stifel Nicolaus Buy to Hold
2010-11-10 Downgrade FBR Capital Outperform to Mkt Perform $8 to $7
2010-07-21 Reiterated FBR Capital Outperform $7.25 to $8
2010-07-08 Initiated Wunderlich Hold $7.50
2009-11-04 Reiterated Credit Suisse Outperform $8.50 to $8
2009-07-27 Reiterated FBR Capital Outperform $7.50 to $9
2008-11-07 Reiterated Friedman Billings Outperform $9 to $7.50
2008-08-07 Reiterated JMP Securities Mkt Outperform $9 to $8
2008-07-10 Downgrade Sterne Agee Buy to Hold $8 to $6
2008-05-12 Reiterated JMP Securities Mkt Outperform $9.50 to $9
2008-05-08 Upgrade Keefe Bruyette Mkt Perform to Outperform $7.50 to $8
2015-11-04 Reiterated Rating Keefe, Bruyette & Woods Hold $5.80 to $5.60
2015-11-03 Lower Price Target Deutsche Bank Hold $5.75 to $5.50
2015-11-03 Lower Price Target Deutsche Bank AG Hold $5.75 to $5.50
2015-08-05 Boost Price Target Keefe, Bruyette & Woods Market Perform $5.50 to $5.80
2015-06-29 Reiterated Rating Credit Suisse Neutral $5.50

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
MCADAMS JOSEPH LLOYD Chairman, President and CEO 1.04%  (1268155) ANH /
BAINES HEATHER U Executive Vice President 0.97%  (1185273) ANH /
MCADAMS JOSEPH E Chief Investment Officer, EVP 0.22%  (262096) ANH /
AULT LEE A III 0.05%  (63341) ANH /
KARAGIANNIS EVANGELOS Vice President 0.03%  (37877) ANH /
BLACK CHARLES 0.03%  (36923) ANH /
PASHAMOVA BISTRA Vice President 0.03%  (35877) ANH /
Davis Robert Craig 0.02%  (30000) ANH /
ANWORTH MORTGAGE ASSET CORP 0.02%  (30000) ANH /
BROWN THAD M CFO and Secretary 0.02%  (28107) ANH /
Siegel Charles Jay Senior Vice President-Finance 0.02%  (26154) ANH /
DAVIS JOE E 0.01%  (15582) ANH / NAII /

Comments